Coincheck Group N.V. (Nasdaq: CNCK) said on September 2, 2025, it has signed a stock purchase agreement to acquire Paris‑based Aplo SAS, a registered crypto prime brokerage serving more than 60 institutional clients, with the transaction expected to close in October pending customary conditions. Under the deal, Aplo’s issued shares will be exchanged for new
Leading cryptocurrency Bitcoin has been on a downtrend since reaching a new ATH in mid-August. Post-ATH profit-taking by long-term investors and mega-whales has added to the pressure, with long-term (LTH) addresses offloading 97,000 BTC worth approximately $3 billion last Friday alone, according to Glassnode data. This was the biggest single-day sell-off for this group so far this year. As Bitcoin's decline deepens, BTC Inc CEO David Bailey, who advises US President Donald Trump on cryptocurrency policy, hinted that Bitcoin could soon reach $150,000. David Bailey, in his post from his X account, said that the reason why Bitcoin cannot rise is two giant whales. At this point, Bailey stated that in order for Bitcoin to reach $150,000, two selling whales need to clear, that is, finish their sales. “The reason Bitcoin hasn't reached $150,000 is because of two early whales selling their holdings recently. If these two clear, Bitcoin will instantly surpass $150,000. One has already finished (the sale), the other is halfway done.” According to the data, one whale address sold $2.7 billion worth of BTC on August 24, while another has sold $4 billion worth of BTC to buy ETH since the end of August. Not only David Bailey but many analysts also expect Bitcoin to rise above $150,000 by the end of the year. At this point, Alex Thorn, head of research at Galaxy Digital, predicted that Bitcoin could reach between $150,000 and $180,000 by the end of 2025. BitMEX co-founder Arthur Hayes and Fundstrat co-founder Tom Lee predict that Bitcoin could reach $250,000 by the end of 2025. *This is not investment advice. Continue Reading: Trump's Advisor Reveals Bitcoin Target! $150,000 Is Next, But It Requires Two Things!
Ethereum (ETH) price is trading sideways under a persistent downtrend, with immediate resistance at $4,162–$4,200 and a strong weekly demand zone at $3,511–$3,619. Traders watch for a break-and-flip above $4,200
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Decentralized exchange Bunni has suffered a $2.3M exploit on the Ethereum blockchain, per blockchain security scanner Blocksec Phalcon. The exploit occurred on Tuesday and appears to have been caused by unauthorized access. The attackers reportedly targeted Bunni’s Ethereum -based smart contracts, though the exact technique is yet to be disclosed. ALERT! Our system detected a suspicious transaction targeting @bunni_xyz ’s contract on #Ethereum , and the loss is ~$2.3M. Please take actions ASAP. — BlockSec Phalcon (@Phalcon_xyz) September 2, 2025 Per Etherscan , the perpetrators drained funds from the platform to the address 0xE04e… 64f2b, which held Aave Ethereum USDC and Aave Ethereum USDT tokens. Bunni Protocol Pauses all Smart Contract Functions Soon after the initial flagging of the exploit, Bunni protocol posted on X that its team is investigating the breach. “The Bunni app has been affected by a security exploit. As a precaution, we have paused all smart contract functions on all networks,” said Bunni. “Our team is actively investigating and will provide updates soon.” The Bunni app has been affected by a security exploit. As a precaution, we have paused all smart contract functions on all networks. Our team is actively investigating and will provide updates soon. Thank you for your patience. — Bunni (@bunni_xyz) September 2, 2025 Bunni DEX allows users to trade crypto directly with each other, without the need for a central intermediary. The platform relies heavily on smart contracts in order to facilitate transactions. Michael Bentley, Co-founder and CEO of Euler Labs, urged users to “remove funds from Bunni ASAP.” He added that Bunni rebalances funds in/out of Euler, assuring Euler is not affected or at risk. Exploit Exposes Smart Contract Security Risks Smart contracts, which work on blockchain networks, can be used for trading, managing financial transactions and more. Since they are digital, smart contract security becomes crucial. Risks can come from various factors like code bugs, blockchain vulnerabilities, and programming language flaws, notes blockchain security auditor CertiK. In 2023, smart contract vulnerabilities accounted for over $686 million in losses, said CertiK. Experts from Apex, a DEX for derivatives trading, told Cryptonews that these vulnerabilities can be controlled by interacting “only with contracts audited by reputable firms.” Further, limiting token approval permissions can prevent wallet-draining exploits, they added. The post Bunni DEX Suffers $2.3M Hack, Exposes Key DeFi Security Vulnerabilities appeared first on Cryptonews .