DeFi Development Corp., which holds Solana’s SOL token as a treasury asset, reported a $27 million second-quarter loss. It can also be retrenching, closing its Treasury Accelerator to new offers, reducing prices, and repurchasing convertible debt under face worth. The company mentioned in an Aug. 12 shareholder letter that its web loss on digital property…
Standard Chartered analyst Geoffrey Kendrick says his $100 UNI goal for 2030 now appears too low. Six weeks of Robinhood Chain charges modified his math. BeInCrypto checked his numbers in opposition to on-chain knowledge. The core declare holds up. One supporting determine doesn’t. What Changed in 6 Weeks for the $100 UNI Target In a…
BitGo’s second-quarter earnings confirmed $4.329 billion of revenue, but virtually all of the gross sales generated by its largest enterprise line flowed again out as transaction costs. Revenue elevated 79.6% from a 12 months earlier, based on BitGo’s second-quarter earnings release. Yet the headline quantity can obscure the underlying economics: Digital Asset Sales generated $4.198…
It was the beginning of June when the second-largest cryptocurrency final traded above the $2,000 psychological degree and is at the moment down 60% on a yearly scale. Despite the downfall, many analysts see upside potential, whereas some consider the continuing circumstances symbolize an incredible shopping for alternative. The Right Strategy? As of press time,…
The breach hit 11,742 clients whose names, e mail addresses, cellphone numbers, and transport addresses have been all uncovered, plus 1,947 whose names, cities, and e mail addresses have been taken. Order numbers have been included. Trezor mentioned the information got here from orders obtained between May 10 and August 8, 2026, and named the…
FG Nexus has deserted its Ethereum treasury technique lower than a 12 months after launch, redirecting its focus towards actual property improvement. In an Aug. 12 SEC filing, the Nasdaq-listed service provider financial institution disclosed that it offered all of its digital belongings earlier than June 30 and held no cryptocurrency at quarter-end. FG Nexus,…
Fliff, one of many extra distinguished social sportsbooks constructed on a sweepstakes mannequin, is taking a proper step towards the federally regulated prediction market trade by having a brand new affiliate apply to turn into a Futures Commission Merchant (FCM). Fliff FCM LLC filed with the National Futures Association (NFA) on Aug. 12 for FCM…
It is kind of difficult to identify a cryptocurrency whose worth has jumped by double digits over the previous seven days, with Monero (XMR) among the many few exceptions. Following the inexperienced wave, many market observers have turn into optimistic, anticipating further positive aspects. Just the Beginning? XMR has crossed $400, at the moment buying…
Britain’s Financial Conduct Authority (FCA) and crypto trade HTX are in talks to settle a case over unlawful crypto adverts. London’s High Court has given them till late August to agree on phrases. For UK customers, a deal would repair lower than it sounds. The case is about promoting. It will not be about getting…
Hardware pockets producer Trezor has disclosed a knowledge breach at its third-party logistics associate ShipMonk that uncovered the private info of roughly 13,700 clients throughout seven nations. The incident, which the corporate described as its first publicity of buyer cellphone numbers and transport addresses since its founding in 2013, impacts new customers within the United…