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U.S. publicly traded company BioSig has announced that it will receive an additional $1.1 billion in funding to drive the tokenization of the commodities market.

5 hours ago

On July 8th, the U.S.-listed company BioSig (BSGM) announced that it has obtained an additional funding of up to $1.1 billion after its merger with Streamex. This includes $100 million in convertible bonds and a $1 billion equity financing facility. The purpose of this funding is to drive the tokenization of commodities and a gold-backed treasury management strategy. The initial $75 million is scheduled to be delivered on October 7, 2025. BioSig intends to bring the commodities market onto the blockchain in order to unlock liquidity and transparency in the $142 trillion market. Its CEO, Henry McPhie, stated that as institutions accelerate the adoption of real-world assets (RWA), BioSig aims to bring the commodities market on-chain.
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A whale liquidated their position by selling $4.53 million worth of FARTCOIN, experiencing a $631,000 loss, just 3 days after buying in.

On July 8th, based on LookOnChain's monitoring, a whale that had spent 4.53 million USDC to purchase FARTCOIN three days prior has just sold the entire amount within the past 30 minutes. In return, it only received 3.9 million USDC, resulting in a loss of up to $63.1k.

4 minutes ago

KULR Signs $20 Million Credit Agreement with Coinbase Subsidiary for Bitcoin Purchase Program

On July 8th, as reported by The Block, KULR Technology Group announced that it has entered into a $20 million credit agreement with Coinbase Global, Inc.'s subsidiary, Coinbase Credit, Inc. KULR Technology Group intends to utilize the net proceeds from this revolving credit facility to back its strategic Bitcoin accumulation objectives.

4 minutes ago

Coinbase Institutional has announced its partnership with ReserveOne as a cryptocurrency custody provider.

On July 8th, as per an official announcement, Coinbase Institutional declared that it would offer cryptocurrency custody and comprehensive service support for ReserveOne. The Coinbase Prime service will integrate deep liquidity, stable financing solutions, and secure custody functions to provide on-chain strategic support for institutional clients.

4 minutes ago

Cumberland-affiliated Wallet Withdraws 13,100 ETH from Binance, Worth Around $33.58 Million

On July 8th, based on the monitoring of LookOnChain, a wallet linked to Cumberland withdrew 13,100 ETH from Binance 4 hours ago. The value of this withdrawal is approximately $33.58 million.

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British Court Sentences Two Cryptocurrency Scammers to Prison, Involving $2 Million

On July 8th, as per Decrypt, a UK court has handed down prison sentences to two criminals. They were convicted of luring 65 victims into investing in a fake cryptocurrency advisory company via phone calls. These two individuals were found guilty of selling fake cryptocurrency investments and defrauded at least 65 investors of approximately $2 million in total. As a result, they were sentenced to a combined total of 12 years in prison.

4 minutes ago

Trump: Will Not Extend Deadline for Tariff Deadline on August 1

On July 8, U.S. President Trump announced on social media that tariffs will be imposed starting from August 1, 2025. The stipulated deadline will remain unchanged and no extension will be provided. (Golden Ten)

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