Crypto

Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue rises
Public Bitcoin mining firms reduced computational power by 13.4% in Q2 as revenue from AI and high-performance computing data centers surged. Industry shift reflects rising energy costs and strategic pivot toward higher-margin opportunities.

Bitcoin holds near $64K as stocks rise on softer US producer prices
Bitcoin traded near $64,000 following a decline in US producer prices, while equities also advanced. The data supports expectations of moderating inflation pressures.

Sharplink to stake $200M in Ethereum via Lido
Crypto gaming firm Sharplink will lock $200 million of Ethereum into Lido’s staking protocol, boosting network security and its own yield.

Bullish reports $280 million Q2 net loss amid trading slowdown
Crypto exchange Bullish posts $280 million net loss in Q2 as trading volumes decline, despite record subscription and services revenue of $62.7 million.

Crypto investors shift focus from market cap to token fundamentals
Analysis shows growing emphasis on utility, economics, and value capture as key metrics for crypto token evaluation.

Metaplanet’s unrealized Bitcoin losses underscore crypto concentration risk
Japanese firm Metaplanet’s $500 million in unrealized Bitcoin losses highlight the perils of single-asset exposure in corporate treasury strategies.

Bitcoin steadies near $64,000 as altcoins diverge
Major cryptocurrencies trade sideways after U.S. CPI data, with Monero and Hyperliquid outperforming peers in a subdued market.

DeFi pioneer Andre Cronje declares end of traditional DeFi era
Onchain finance replaces decentralized finance as protocols prioritize efficiency over immutability, says Cronje, founder of Flying Tulip.

EU MiCA compliance fuels surge in crypto scams targeting investors
Fraudsters exploit post-MiCA migration chaos by impersonating regulators and licensed exchanges to steal funds across the European Union.

SafePal crypto wallet discloses data breach affecting 40,000 users
Order details of nearly 40,000 customers were exposed in a breach, but the wallet provider says private keys and crypto assets remain secure.

Binance bStocks overtakes Kraken xStocks as second-largest tokenized stock issuer
bStocks, launched in mid-March, now ranks second by issuance volume, surpassing Kraken’s xStocks platform in under two months.

Brazil’s largest bitcoin treasury firm to launch ETF with 95% allocation to Strategy’s STRC
DIGY11 targets annual distributions at Brazil’s interbank rate plus 3-5 percentage points, net of costs, though returns are not guaranteed.

Bitcoin speculators struggle to push price above $68.7K: Glassnode
Short-term holders seeking to break even on underwater positions are limiting upward momentum, data analytics firm Glassnode reports.

Metaplanet issues $1.3m in private debt tied to Bitcoin exposure
Japanese Bitcoin treasury firm Metaplanet raises $1.3 million via unsecured BitBonds offering 4.3% annual interest, linking returns to its crypto-linked balance sheet risks.

BitGo Posts $19 Million Q2 Loss Despite Revenue Surge
An unrealized digital asset loss and weaker trading margins pushed cryptocurrency custodian BitGo into a net loss during the second quarter.

Bitcoin Trades Below $64,000 Following In-Line U.S. CPI Data
Cryptocurrency prices showed limited movement as the latest U.S. inflation data matched market expectations.

Metaplanet Denies $320 Million Bitcoin Sale Rumors
Japanese firm Metaplanet has dismissed rumors regarding a large bitcoin sale, confirming its holdings remain at 43,000 BTC.

Bitcoin Firms Urge AI Labs to Ease Safety Limits for Defense
Coinbase, Block, BitGo and other firms argue that frontier model guardrails hinder legitimate security operations while attackers face no such restrictions.

Crypto Valuations Could Double as Protocols Link Revenue to Tokens
Bitwise CIO Matt Hougan projects that revenue-capture mechanisms will expand across DeFi applications and layer-1 networks.

Metaplanet CEO Denies Bitcoin Sale Following $322M Wallet Transfer
Chief Executive Simon Gerovich clarified that a recent transfer of 5,014 Bitcoin was strictly between custodial addresses.

Dogecoin Futures Speculation Reaches October 2025 Levels Despite 70% Price Drop
Futures positioning on Dogecoin has rebounded to levels seen when the token traded at three times its current price.

Bitcoin Slips Near $63,500 Following In-Line Inflation Data
Bitcoin eased toward $63,500 as an in-line inflation print removed immediate tail risks but failed to spark a rally, shifting focus to upcoming Fed catalysts.

Bitcoin Trades Above $63,000 Following Saylor Remarks
Cryptocurrency prices held firm above the $63,000 threshold as MicroStrategy executive Michael Saylor characterized the asset as digital monetary energy.

BitGo Q2 2026 Revenue Surges 80% While Losses Persist
Cryptocurrency infrastructure firm BitGo reported an 80% increase in revenue for the second quarter of 2026, alongside ongoing financial losses.

