Recent developments show significant whale activity in Ethereum, MetaMask's integration of Sei blockchain, major corporate mergers, regulatory actions, and evolving market sentiments across diverse crypto sectors.
Multiple new crypto developments were reported. A whale/institution created a new wallet, receiving 11,062 ETH ($40.74M) from FalconX and totaling 147,591 ETH ($541.66M) over three days across five wallets. MetaMask now supports the Sei blockchain, expanding its network integrations to 11 chains. Crypto investment firm Parataxis Holdings will raise $640M via a merger with SilverBox Corp IV SPAC to fund a BTC management strategy. Standard Chartered highlighted that Ethereum fund managers are more attractive than US spot ETH ETFs. In legal news, Tornado Cash founder Roman Storm was convicted of unlicensed money transmitting, with a jury split on other charges. Additionally, Trump announced tariffs on chips and a 25% tariff on Indian goods, Coinbase will list the dYdX native asset COSMOSDYDX, and a Trump family-linked mining company, American Bitcoin, plans a Nasdaq listing. Other updates include Apple’s $100B US investment boost, Kaito AI’s public offering launch, Marex’s integration of JPMorgan’s blockchain settlement system, Orca DAO’s SOL staking and buyback proposal, TAO Synergies’ accumulation of 42,111 Bittensor tokens, Rillet’s $70M Series B funding, Ethereum’s record on-chain transaction volume of $238B in July, bearish shifts in Bitcoin and Ethereum options markets, and SuperGaming securing $15M in Series B funding.