Helium eyes a potential path to deflationary tokenomics

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The decentralized wireless company Helium is planning to funnel 100% of Helium mobile subscriber revenues to HNT token burns, co-founder and CEO Amir Haleem tweeted yesterday.

It’s not clear if Helium plans to buy HNT on the open market or simply burn tokens from its treasury, but the initiative is going into effect “this week, barring any weird logistics,” he said.

In any case, that’s an estimated $2.3 million in monthly gross revenues offchain that otherwise would have gone to Helium’s parent company, Nova Labs, now being redirected to HNT token holders.

HNT is Helium’s…

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KindlyMD Buys 5,744 Bitcoin For $679 Million To Expand Nakamoto Bitcoin Treasury

KindlyMD has made its first significant Bitcoin acquisition since completing its merger with Nakamoto Holdings, purchasing 5,743.91 BTC for approximately $679 million as part of its ambitious plan to accumulate one million Bitcoin.

The healthcare services provider, which recently transformed into an institutional-grade Bitcoin treasury vehicle, executed the purchase at a weighted average price of $118,204.88 per Bitcoin. The acquisition brings the company’s total holdings to 5,764.91 BTC, establishing KindlyMD as a significant player in the growing corporate Bitcoin treasury space.

“This acquisition reinforces our conviction in Bitcoin as the ultimate reserve asset for…

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LATEST: SoFi Partners With Lightspark To Use Bitcoin For Global Remittances

SoFi (NASDAQ: SOFI) is set to roll out an international money transfer service later this year, making it one of the first U.S. banks to adopt blockchain technology for remittances. The service will allow members to send money abroad directly through the SoFi app with lower fees, faster delivery, and full transparency on exchange rates and costs.

Powered by Lightspark’s infrastructure and the Bitcoin Lightning Network, the feature will use Universal Money Address (UMA) to enable seamless global payments. This move places SoFi at the forefront of digital banking innovation, unlocking faster, smarter, and more inclusive financial access for its members. CEO Anthony Noto emphasized the significance of reducing costs for customers who regularly send money to loved ones overseas.

Lightspark co-founder David Marcus praised SoFi’s leadership, noting that UMA enables instant, low-cost transfers on Bitcoin’s open payments network. With around-the-clock availability and one of the lowest costs in the market, SoFi aims to set a new standard for international money transfers.

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LATEST: David Bailey’s KindlyMD Purchase 5,744 Bitcoin Worth $678.9 Million Today

KindlyMD, Inc. (NASDAQ: NAKA) has announced a major leap into crypto markets with the purchase of 5,743.91 Bitcoin through its subsidiary Nakamoto Holdings, Inc. The acquisition, valued at approximately $679 million, marks the company’s first Bitcoin buy since completing its merger. With this move, KindlyMD’s total Bitcoin holdings now stand at 5,764.91 BTC.

The company confirmed the Bitcoin was purchased at a weighted average price of $118,204.88 per coin using PIPE proceeds. Management emphasized this step as part of a disciplined long-term Bitcoin treasury strategy. The ultimate goal is to accumulate one million Bitcoin under the Nakamoto Bitcoin Treasury, positioning the firm as a leader in institutional Bitcoin adoption.

CEO and Chairman David Bailey said the purchase reinforces their strong belief in Bitcoin as the “ultimate reserve asset.” He added that the company is committed to building a transparent and trusted vehicle for corporations and institutions, while anchoring the next era of global finance with Bitcoin at its core.

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LATEST: US Spot ETFs Now Control More Than 5% Ethereum Supply

U.S. spot Ethereum exchange-traded funds (ETFs) now hold over 5% of the circulating ETH supply, underscoring the growing influence of crypto investment products. On-chain data shows that Ethereum ETFs collectively hold 6.3 million ETH, worth $26.7 billion, representing 5.1% of total supply.

Monday saw a sharp reversal with $196.6 million in net outflows, the second-largest single-day withdrawal since launch. Despite this setback, Ethereum ETFs had previously recorded an impressive eight-day inflow streak, attracting $3.7 billion overall. Last week alone, net inflows surged to $2.85 billion, significantly higher than the $325.8 million logged the week before.

Anthony Scaramucci’s $500,000 Bitcoin Target In Spotlight As Apex Crypto Surges 23% In 2025 – Strategy (NASDAQ:MSTR)

Bitcoin’s BTC/USD move toward a fresh high of $124,000 has brought renewed attention to comments from SkyBridge Capital CEO Anthony Scaramucci, who predicted on May 14 that the leading digital currency would be recognized as a fully established asset class once it reaches the $500,000 mark.

Disclosure: 82% of retail CFD accounts lose money

Bitcoin To Become A $20 Trillion Asset Class?

Scaramucci, speaking at CoinDesk’s Consensus 2025 conference, said, “$3 trillion is like a Mag 7 stock, $20 trillion is an asset class. So if you tell me that Bitcoin can get to $500,000, people will be writing stories that Bitcoin is an asset class.”

He emphasized the importance of Bitcoin…

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LATEST: $133B VanEck Believes Bitcoin Will Reach $180,000 By Year End

Crypto markets received a bold forecast today as VanEck released its Mid-August 2025 Bitcoin ChainCheck, projecting Bitcoin will climb to $180,000 before the year ends. The investment firm cited strong institutional inflows and resilient on-chain profitability as the main forces driving momentum, with 92% of BTC holdings in profit before its recent spike.

According to VanEck, corporate investment has kept Bitcoin steady even as Ethereum gains traction from institutions. Mining difficulty also hit an all-time high, but revenues remain strong, while U.S. miners are expanding their share of global hashrate. Though BTC’s dominance has slipped due to falling Ordinals activity, VanEck downplayed this as a major risk, emphasizing that capital inflows continue to stabilize the market.

Still, the firm highlighted one cautionary note: corporate treasuries could spark volatility if low price swings limit future capital-raising efforts. Despite this, VanEck reaffirmed its bullish outlook, confident that

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The Effects Of Surveillance On Society

This is the first in a 10 episode video series focusing on Bitcoin privacy, filmed at bitcoin++ Privacy Edition in Riga and elsewhere. Each episode will touch on some aspect of Bitcoin privacy, some tool to use Bitcoin privately, or surveillance techniques.

Privacy is heads, censorship resistance is tails. They’re two sides of the same coin. 

Everything people do together is inherently interactive. When those interactions cannot be conducted privately, when they become common public knowledge, the participants can be subjected to external pressure. They can be shunned, shamed, jailed, or penalized in many other ways. 

Without privacy you have no censorship resistance. Without…

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OpenServ CEO Says Social Analytics Will Stand Beside Price And Volume As Core Market Data For Traders – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Tim Hafner, CEO and co-founder of OpenServ, believes social analytics are on track to become as central to trading as traditional price and volume data, underscoring a structural shift in how markets are interpreted.

“Yes. Market structure is already social. Traders don’t just watch candlesticks, they watch Telegram, Discord, TikTok, even Reddit. Ignoring that flow is ignoring half the order book,” Hafner told Benzinga in an interview.

He argued that exchanges, regulators, and asset managers must begin preparing for this shift by developing verification and auditability standards around social data.

“I believe social analytics will sit beside price, volume, and volatility as a standard…

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