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Ethereum treasury protocol ETH Strategy secures $46 million in prelaunch raise
Ethereum treasury protocol ETH Strategy secures $46 million in prelaunch raise

Quick Take ETH Strategy stated that it has raised 12,342 ETH ($46.5 million) in pre-launch funding. Its STRAT token is expected to go live on Tuesday.

The Block·2025/07/28 16:00
Bitmain plans to open US production facility by end of Q3 amid policy shifts: Bloomberg
Bitmain plans to open US production facility by end of Q3 amid policy shifts: Bloomberg

Quick Take Mining hardware firm Bitmain told Bloomberg that it plans to launch a new production line in Texas or Florida by the end of the third quarter. It intends to hire 250 local employees initially for production and on-site maintenance.

The Block·2025/07/28 16:00
Crypto industry braces for incoming White House 'regulatory Bible' on rules, bitcoin reserve, and taxes
Crypto industry braces for incoming White House 'regulatory Bible' on rules, bitcoin reserve, and taxes

Quick Take Cody Carbone, CEO at The Digital Chamber, called the incoming report a “regulatory Bible,” or a guidebook. A source familiar with the matter said so far, there seems to be nothing in the report that talks about a bitcoin reserve, but said that could change on the fly.

The Block·2025/07/28 16:00
Flash
18:37
Nokia expands advanced semiconductor testing and packaging operations in the United States
The company plans to make sustained investments in research, development, and manufacturing in the United States over several years, totaling $4 billion.
18:35
WTI July crude oil futures closed down $4.70, a decline of 5.82%, at $76.05 per barrel.
NYMEX July natural gas futures settled at $3.2390 per million British thermal units. NYMEX July gasoline futures settled at $2.8805 per gallon, and NYMEX July heating oil futures settled at $3.1702 per gallon.
18:33
Nokia has announced that it will expand its base station production capacity to ten times the current level, with the newly added capacity scheduled to be officially put into operation before the end of the third quarter.
At present, the global demand for telecommunications network construction continues to rise. With Nokia significantly increasing its base station production capacity this time, it will provide stronger equipment supply support for network deployment projects of operators worldwide, better meeting the construction pace of 5G and other telecommunications networks in different regions.
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