Etherex Revives Ethereum’s DEX Vision on Linea with Institutional Appeal
Etherex, a groundbreaking decentralized exchange (DEX) launched on Linea, is poised to realize Ethereum's original vision of user-aligned decentralized infrastructure. By redistributing all trading fees and incentives to locked token holders, Etherex emerges as a compelling platform for institutional ETH capital seeking enhanced yields. Inspired by Ethereum's 2014 EtherEX concept, this innovative DEX combines historical foundations with modern advancements to create a robust financial ecosystem. As of August 2025, Etherex represents a significant step forward in decentralized finance (DeFi), potentially attracting substantial institutional investment and driving Ethereum's long-term growth. The platform's unique fee structure and yield opportunities position it as a key player in the evolving DeFi landscape, reinforcing Ethereum's role as a leader in blockchain innovation.
Etherex Aims to Realize Ethereum's Original DEX Vision on Linea
Etherex, a newly launched decentralized exchange on Linea, seeks to fulfill Ethereum's foundational promise of user-aligned decentralized infrastructure. The platform returns all trading fees and incentives to locked token holders, positioning itself as a potential magnet for institutional ETH capital seeking superior yields.
The project draws inspiration from Ethereum's 2014 EtherEX concept while building upon innovations by Uniswap, Curve, and Aerodrome. Its launch coincides with Linea's ethereum layer-2 token announcement, marking a strategic alignment with Ethereum mainnet.
Life Sciences Firm 180 Shifts to Ethereum Strategy with $425M Funding, Rebrands as ETHZilla
180 Life Sciences Corp. (NASDAQ: ATNF) has pivoted from biotechnology to cryptocurrency in one of the most significant corporate shifts into digital assets. The company secured $425 million in a private placement to build an Ethereum treasury strategy and will rebrand as ETHZilla Corporation.
Proceeds will primarily fund Ether (ETH) purchases, marking a stark departure from its former focus on inflammatory disease therapeutics. The PIPE deal priced shares at $2.65, attracting over 60 institutional investors including Electric Capital, Polychain Capital, and founders of major DeFi protocols like Lido and Compound.
The MOVE coincides with Ethereum's 10th anniversary, with ETHZilla positioning itself as a NASDAQ-listed treasury vehicle for ETH. 'We're rewriting the rules of programmable finance,' the company tweeted ahead of its ticker symbol change to $ATNF.
ETH Price Surges to $3,859 as Regulatory Clarity Fuels 54% July Rally
Ethereum's price surged to $3,859.74, marking a 1.33% gain in 24 hours, as regulatory clarity from the GENIUS Act and institutional ETF inflows propelled a 54% rally in July. The overbought RSI at 77.16 signals potential volatility ahead.
The GENIUS Act, signed into law on July 25, has bolstered confidence in Ethereum's ecosystem by providing clear stablecoin oversight. This legislative milestone, coupled with PayPal's global crypto payment launch, has amplified institutional demand and mainstream adoption.
Despite the bullish momentum, concerns from the European Central Bank about U.S. dollar-backed stablecoins and a brief 3% correction on July 24 underscore the market's inherent volatility. Institutional inflows remain robust, but traders should heed overbought conditions.
Privacy Takes Center Stage in Tornado Cash Developer's Trial
Closing arguments concluded in the criminal trial of Tornado Cash developer Roman Storm at a New York federal courthouse. Prosecutors allege Storm designed the Ethereum-based privacy tool primarily for profit, while defense attorneys maintained it was created to empower ordinary users with financial privacy.
The jury began deliberations Wednesday evening after hearing conflicting narratives about the intent behind the coin mixer. Prosecutors presented evidence of criminal fund laundering through Tornado Cash, while the defense emphasized its legitimate privacy applications for ETH transactions.
Storm faces potentially decades in prison if convicted on all charges, in a case that could set important precedents for decentralized finance protocols and privacy-focused crypto tools.
Nasdaq-listed Fundamental Global Rebrands to FG Nexus, Adopts ETH as Treasury Asset
Fundamental Global, a Nasdaq-listed company, is rebranding as FG Nexus in a strategic pivot toward Ethereum. The firm announced a $200 million private placement to fund ETH purchases, aiming to generate staking rewards and gain exposure to tokenized real-world assets. Shares initially surged in premarket trading but closed the day down 13.7%.
The move, announced on Ethereum's 10th anniversary, aligns with growing corporate adoption of digital assets. Galaxy Digital and Kraken are key partners, with Galaxy managing treasury operations and Kraken handling staking. The shift underscores institutional confidence in Ethereum's ecosystem and its potential for yield generation.
Ether Machine Surpasses Ethereum Foundation in ETH Holdings
The Ether Machine has overtaken the Ethereum Foundation in ETH holdings after a strategic purchase of 15,000 ETH at $3,809 per token, totaling $56.9 million. This acquisition elevates its treasury to 334,757 ETH, surpassing the Foundation's 234,000 ETH reserves. Funds were sourced from a prior private placement, with an additional $407 million earmarked for future buys.
The company's long-term accumulation strategy focuses on yield generation and ecosystem support. Such institutional moves underscore growing confidence in Ethereum's value proposition, even as market volatility persists.