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7:00 am: Maya Crypto App Under Maintenance
Licensed crypto exchange and digital bank Maya placed its cryptocurrency trading service under maintenance, preventing users from accessing the feature during a market rally.
Bitcoin surged past $116,000 and Ethereum traded above $4,000, extending gains in the ongoing bull run.
It is unknown whether the maintenance has been up even before the current bull run, but BitPinas covered a similar issue regarding the platform last year.
8:00 am: rump Family Plans $1.5 Billion Crypto Treasury Firm
The Trump family is planning to launch a cryptocurrency treasury company under its World Liberty Financial brand, three investors familiar with the deal told Fortune.
- The proposed publicly traded firm would hold a mix of World Liberty’s proprietary token WLFI and cash, with Eric Trump and Donald Trump Jr. serving on its board, and aims to raise $1.5 billion.
- If approved, it would join the family’s expanding crypto portfolio, which includes the WLFI token, with $550 million in sales, a stablecoin called USD1, and other blockchain ventures.
The venture follows the growing trend of “digital asset treasury companies,” modeled after Michael Saylor’s Strategy, which holds more than $72 billion in Bitcoin and whose stock has become a proxy for the cryptocurrency.
9:00 am: Arthur Hayes Buys Back $10.5M in Ethereum After Selling Early as Price Tops $4,100
Arthur Hayes, co-founder of BitMEX, repurchased Ethereum after selling 2,373 ETH worth $8.32 million a week ago when the price was around $3,507. On-chain data shows Hayes moved 10.5 million USDC four hours ago to buy back ETH at above $4,100, amid the ongoing market rally that has pushed Ethereum past $4,000 and Bitcoin to $116,000.
In a post on X, Hayes joked about the trade, telling Fundstrat “I’ll never take profit again” alongside a chart showing Ethereum’s recent surge. The move reflects renewed bullish sentiment as ETH hit its highest level in over two years.
This article is published on BitPinas: Maya Crypto App Under Maintenance Amid Bull Run | Live Crypto Updates | Aug. 10, 2025
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