Ethereum’s Bold Leap: 180 Life Sciences Transforms into ETHZilla with $425M Crypto Treasury Pivot

In a groundbreaking move, 180 Life Sciences Corp. (NASDAQ: ATNF) has rebranded as ETHZilla Corporation after securing a $425 million PIPE deal to shift its treasury strategy to Ethereum-backed reserves. The biotech firm's stock surged briefly above $3.50 before settling at $2.95, marking a 1.37% intraday gain. This radical transformation underscores a high-conviction bet on Ethereum's future, with over 60 institutional and crypto-native investors participating in the deal. The rebranding and treasury pivot signal a significant shift in corporate strategy, aligning with the growing trend of traditional firms embracing digital assets. As of July 2025, this development highlights Ethereum's increasing prominence in institutional finance and its potential to reshape corporate treasury management.

180 Life Sciences Rebrands as ETHZilla After $425M Ethereum Treasury Pivot

180 Life Sciences Corp. (NASDAQ: ATNF) surged briefly above $3.50 before settling at $2.95, marking a 1.37% intraday gain amid its radical transformation into ETHZilla Corporation. The biotech firm secured a $425 million PIPE deal to convert its treasury strategy to Ethereum-backed reserves, with over 60 institutional and crypto-native investors participating.

The rebrand reflects a high-conviction bet on Ethereum's role in corporate finance. While the stock dipped 6.87% post-announcement, the August 2025 closing date sets a clear timeline for this unprecedented transition from biopharma to crypto treasury management.

eToro Expands Global Reach with 24/5 Trading and Ethereum-Based Stocks in the U.S.

eToro is making strategic moves to solidify its position as a leader in the tokenized economy. The platform has introduced 24/5 trading for 100 U.S. stocks and ETFs, allowing investors to react to market movements around the clock. This expansion eliminates traditional time barriers, offering unparalleled flexibility.

More notably, eToro is bridging traditional finance with crypto by launching tokenized U.S. equities on the ethereum blockchain. These ERC-20 compliant assets represent a significant step toward mainstream adoption of blockchain-based securities. The integration leverages Ethereum's smart contract capabilities while complying with new regulatory frameworks.

The updates reflect growing institutional interest in merging conventional markets with decentralized infrastructure. By enabling near-continuous trading of tokenized assets, eToro is positioning itself at the forefront of financial innovation—where Wall Street meets Web3.

Ethereum Nears $4,000 as Whales Accumulate $840M in 48 Hours

Ethereum's price surged toward the $4,000 threshold as large-scale investors purchased over 220,000 ETH worth $840 million within two days. The cryptocurrency now trades near $3,800, marking a 50% monthly gain and 25% weekly increase. Analyst Ali Martinez noted the accumulation pattern suggests institutional positioning ahead of potential technical breakouts.

Standard Chartered projects Ethereum could hit $4,000 by year-end, citing growing institutional demand. Corporate treasuries now hold approximately 1% of circulating ETH, reflecting deepening institutional exposure in traditional finance sectors. Market momentum builds as CoinMarketCap confirms strong technical consolidation at current levels.

SEC Reviews BlackRock's Proposal for Ethereum Staking in ETF

The U.S. Securities and Exchange Commission has begun reviewing a proposal by BlackRock and Nasdaq to integrate Ethereum staking into the iShares Ethereum Trust (ETHA). The filing, submitted on July 17, WOULD allow the fund to stake ETH through third-party validators and distribute rewards as income to investors.

Market momentum builds behind the initiative as ETHA surpasses $10 billion in assets under management, with $4 billion inflows since early July. Ethereum's price has surged 50% in the past month, now approaching $4,000 amid whale accumulation.

Approval could reshape institutional crypto participation by combining ETF accessibility with staking yields. "This bridges traditional finance with blockchain's native yield mechanisms," observed one analyst, noting the proposal's potential to accelerate mainstream adoption.

eToro to Launch Tokenized Stocks on Ethereum in August 2025

eToro announced plans to introduce tokenized versions of 100 leading US-listed stocks and ETFs on the Ethereum blockchain by August 2025. The move, revealed during the "eToro Unlocked: Trade Without Boundaries" webinar, represents a significant step toward on-chain equities trading. Each ERC-20 token will be backed 1:1 by actual shares held by eToro, enabling conversion back to traditional stock positions.

The initiative aims to reduce trading friction, enhance interoperability with DeFi protocols, and extend market access beyond traditional hours. Tokenized stocks will be available for trading 24/5, mirroring eToro's extended-hours product. "Extended hours trading was the first step. Tokenization is the next leap," said CEO Yoni Assia, emphasizing the company's goal to eventually tokenize every asset on its platform.

Assia highlighted regulatory tailwinds like Europe's MiCA framework and the US Genius Act as catalysts for tokenized real-world assets. The launch underscores Ethereum's growing role in institutional financial innovation.

ZachXBT Investigation Leads to Conviction of Twitter Hacker

Canadian national Cameron Albert Redman has been convicted in a U.S. federal court and ordered to pay $248,257.07 in restitution for his role in a high-profile hacking case. The conviction, handed down by the Eastern District of Virginia, stems from a meticulous investigation by crypto researcher ZachXBT, known for exposing cybercriminals.

In June 2022, Redman sold unauthorized access to Twitter's internal admin interface, referred to as an "X panel," for 250 ETH. This breach led to the compromise of over 10 prominent accounts, including those of Beeple, JRNY, Nouns DAO, Zeneca, and DeeKay. The hijacked accounts were used to promote phishing scams, resulting in millions of dollars stolen in crypto assets.

Redman's criminal history includes a 2020 SIM swap attack on investor Josh Jones. His conviction underscores the growing scrutiny of cybercrimes targeting the digital asset space.