Exclusive: Genie founder raises $5M for social trading app Share

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Share has just emerged from stealth and closed a $5 million funding round from Coinbase Ventures, Collab+Currency, Palm Tree Crypto and others, The Drop has exclusively learned.

Share is an upcoming app for Solana, Base and Ethereum that shares crypto traders’ transactions and offers users a real-time feed of others’ onchain activity across those three blockchains. Users can also trade tokens, examine charts and follow wallets.

Scott Gray is Share’s founder and CEO. Gray is the founder of NFT aggregator tool Genie, which Uniswap acquired back in 2022 and led Gray to work as Uniswap’s head…

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Bitcoin Tumbles To $111,000: Bear Market Beginnings Or Still A Bull Market Dip?

Bitcoin (CRYPTO: BTC) is down to $111,000 as debates intensify about whether this downtrend is the start of a bear market or a dip in an uptrend.

What Happened: Popular trader Ansem urged investors to stack BTC aggressively if prices dip below $100,000 next year or at the start of 2026, with an exit window targeted for 2028.

Ansem aligned with fellow trader Plur Daddy, who earlier argued that the 4-year cycle theory is outdated.

While Plur sees upside within 3–6 months, Ansem expects a longer bearish period before a strong rally kicks off in mid-2026.

Also Read: Bitcoin, XRP, Dogecoin Extend Declines As ETH Dips Below $4,000

Why It Matters: Plur Daddy emphasized that lingering cycle…

Read more on Benzinga

LATEST: Vitalik Buterin Says Fusaka Upgrade’s PeerDAS Is Crucial To Ethereum’s Scaling Future

Ethereum co-founder Vitalik Buterin highlighted PeerDAS, the central feature of the upcoming Fusaka upgrade, as the breakthrough solution for scaling the blockchain. PeerDAS, or Peer Data Availability Sampling, allows nodes to verify block data without downloading it entirely, instead reconstructing information from smaller chunks using erasure coding. Buterin called the approach “unprecedented,” noting it reduces reliance on any single node and strengthens resistance against dishonest actors.

Momentum around Ethereum’s scaling efforts is also evident in its network activity. For the first time, Ethereum reached six blobs per block — fixed-size data packets introduced in the Dencun upgrade to give rollups cheaper storage options. Increased blob use is being driven by rollups such as Base, World, and Linea, which collectively pay around $200,000 weekly in mainnet fees. Analysts caution, however, that blobspace remains inconsistent, with many blobs partially empty.

Ethereum developers have tentatively set December 3 as the target date for Fusaka’s mainnet launch, pending successful testnet results. To ensure security, the Ethereum Foundation has launched a four-week audit contest with $2 million in rewards for researchers who uncover bugs before the hard fork.

Source

Bitcoin Gives Me Hope, Says Knut Svanholm In Bitcoin Magazine Exclusive Interview

Knut Svanholm, the Swedish author, Bitcoiner, podcaster and educator, is a prolific writer and eccentric, charismatic persona in Bitcoinland. We don’t have royals in Bitcoin and we routinely slay our heroes, which means that anybody who sticks around for a long time has Lindy-proven integrity. Svanholm is one such character: If you’ve attended the conference circuit in recent years, you’re likely to have encountered Svanholm’s enchanting voice and scruffy beard — cowboy hat included for fashion and good measure. 

I’ve always had a weak spot for this fellow Scandinavian, whether it be his uncompromising words or impressive output, his funky demeanor or funny…

Read more on BitcoinMagazine

Cipher Mining inks $3B AI hosting deal with Fluidstack

Cipher Mining Inc. has signed a 10-year high-performance computing (HPC) colocation agreement with Fluidstack, securing approximately $3 billion in contracted revenue.

The deal, announced Thursday, positions Cipher as a significant player in the artificial intelligence infrastructure sector. Cipher, traditionally known for its bitcoin mining operations, will deliver 168 megawatts of critical IT load at its Barber Lake site in Colorado City, Texas, with expected completion by September 2026. The facility could expand to 500 MW, supported by 587 acres of surrounding land.

The agreement includes two optional five-year extensions that would raise the total contract value to $7…

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XRP Punters Still Eye $4 Despite Recent Slump — Here’s How Prediction Markets Are Betting

XRP XRP/USD may have stagnated over the month, but cryptocurrency bettors haven’t completely discounted the possibility of fresh all-time highs by year-end.

New XRP Highs In 2025?

The fourth-largest cryptocurrency by market capitalization sank 8% over the week, and 2.50% over the month, erasing the gains from the July rally that briefly appeared strong enough to drive it toward record highs at $3.84

The reversal cooled expectations in prediction markets, with Polymarket traders placing 30% odds on XRP reaching $4 and above this year, down from 53% a week ago.

Similarly, punters on Kalshi, a federally regulated prediction site, projected a 34% likelihood of XRP surpassing $4 in 2025, and a…

Read more on Benzinga

Why Is IREN Stock Spiking Overnight? – IREN (NASDAQ:IREN)

IREN Ltd IREN shares are trending on Thursday.

Check out the current price of IREN stock here. 

IREN jumped 4.48% in after-hours trading to $49.25, building on Wednesday’s 12.86% regular session gain. The dual-engine crypto mining and AI infrastructure company continues its remarkable 537.03% six-month rally.

AI Cloud Capacity Doubles With $674M Investment

IREN announced on Monday that it has significantly expanded its cloud computing power by increasing its capacity to 23,000 GPUs. This expansion was made possible through a series of strategic hardware purchases, including 7,100 Nvidia Corp. NVDA B300 GPUs, 4,200 Nvidia B200 GPUs, and 1,100 AMD MI350X GPUs, totaling around $674 million.

Benzinga

LATEST: Australia Proposes New Licensing Rules for Crypto Platforms

Australia’s Treasury has unveiled draft legislation that would require crypto exchanges and certain service providers to obtain Australian financial services licenses. The proposal aims to amend the Corporations Act 2001, classifying digital asset platforms (DAPs) and tokenized custody platforms (TCPs) as financial products. This move would bring them under the same licensing rules and consumer protections as traditional financial intermediaries.

Authorities explained that the framework is focused on businesses holding assets on behalf of clients, not the digital assets themselves. Treasury officials highlighted that past failures of crypto intermediaries have led to heavy consumer losses, making stricter oversight necessary. DAPs cover trading platforms and brokerages, while TCPs include services managing tokenized physical assets.

Assistant Treasurer Daniel Mulino said the legislation will extend existing financial laws in a “targeted way,” with the Australian Securities and Investments Commission (ASIC) set to issue licenses. Public consultation is open until October 24, 2025, marking a major step toward stronger regulation of the country’s crypto sector.

Source

B HODL Joins The Bitcoin Treasury Race With 100 Bitcoin Buy

The UK’s newest Bitcoin-focused public company wasted no time putting capital to work.

Fresh off its debut on the Aquis Stock Exchange, B HODL (AQUIS: HODL) announced it acquired 100 Bitcoin worth $11.3 million, establishing itself as one of the first British firms to formally adopt a corporate Bitcoin treasury strategy.

The purchase, disclosed Wednesday, comes just a day after B HODL raised £15.3 million ($20.7 million) in its IPO to fund a long-term digital asset strategy.

With its inaugural buy, B HODL now holds 100 BTC at an average price of £83,872 ($113,227) per coin. That position places the company 98th on Bitcoin Treasuries’ global leaderboard of public firms…

Read more on BitcoinMagazine

Actions Speak Louder Than Words

Let’s look at two things that Bitcoin Knots users claim to be proponents of and champions for in their crusade against Bitcoin Core: 

Mining decentralization

Bitcoin’s use as money

They claim to fight for mining decentralization, with OCEAN mining pool held out as a primary example of this. OCEAN’s DATUM protocol is ostensibly designed to further mining decentralization, specifically the actual template construction process that decides what transactions go into a block. 

They also claim to fight for Bitcoin’s use as a monetary network, i.e. a network that facilitates the transmission of bitcoin in economics transactions, ensuring security for those…

Read more on BitcoinMagazine