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Bitmine purchases ETH, Binance predicts IPOs on blockchain, Nike tokenizes stock, and other Web3 news

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  • Bitmine purchased 28,086 ETH for $68.85 million, increasing its total holdings to 5,929,198 ETH valued at $14.651 billion, while maintaining its BTC position of 845,050 BTC with a $2.398 billion unrealized gain. (📰blockchain.news)
  • Binance’s founder Changpeng Zhao predicts that traditional IPOs will transition to the blockchain, citing the surge in pre-market trading volumes for AI company Anthropic as evidence, while noting that the total value of tokenized stocks remains small compared to the traditional stock market. (📰TradingView)
  • Nike’s stock is now available on the Solana blockchain through the Sunrise initiative, allowing users to access tokenized equity and contributing to Solana’s growing market for tokenized assets. (📰Crypto Economy)
  • An attacker drained approximately $9.3 million in Wrapped Flow (WFLOW) from the More Markets lending reserve on Flow EVM by exploiting Ankr liquid staking tokens and E-mode, contributing to a total of $139.7 million lost in cryptocurrency exploits in August. (📰CoinMarketCap)
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