Robinhood Chain revenue from functions totaled between $2.66 million and $2.82 million over a rolling 24-hour window early on Sept. 1, creating an attention grabbing measure of community exercise with no disclosed bridge to Robinhood’s corporate accounts. DefiLlama tracks application revenue, chain revenue and chain fees as separate layers. Its dashboard confirmed $963,612 of chain…
Three blockchain networks stopped producing blocks inside 4 days. Each blockchain halt used totally different emergency powers, and Cronos alone additionally changed a part of its canonical historical past. Cronos said validators halted the community by consensus after an exploit affected Tectonic, restored the chain to state from earlier than the incident, and resumed manufacturing…
Crypto added roughly $500 billion in market worth in a matter of days as Bitcoin ran from about $63,500 towards $80,000 final week. A liquidation squeeze powered a lot of the primary section, and controlled funding merchandise then provided recent capital as soon as compelled shopping for started to fade. Tom Lee advised Milk Road…
Michael Saylor not too long ago printed an essay arguing that institutional custody and securities can broaden Bitcoin with out eliminating self-custody. On the similar day, Strategy reported $2.0065 billion of web MSTR share-sale proceeds, $5.10 billion in its USD Reserve, $1.59 billion in a brand new USD Cash pool and a $136.4 million repurchase…
Every reply you get from an AI chatbot begins with electrical energy. The phrases seem in your display, however the precise work occurs in a distant constructing filled with pc chips. Those chips draw power, transfer data, and produce sufficient warmth to require heavy-duty cooling from AI data centers. When you multiply that course of…
Leveraged funds held a 41,252 BTC-equivalent web brief throughout CME Bitcoin futures, together with normal and Micro contracts on Aug. 25, whereas the CFTC snapshot confirmed the identical class web lengthy simply 151 BTC in Coinbase’s nano Bitcoin perpetual-style contract. For the following pressured unwind, the vital distinction is scale fairly than an evenly matched…
Bitcoin is on monitor to log its best August efficiency since 2017, demonstrating exceptional resilience in opposition to back-to-back macro shocks as escalating US-Iran hostilities and a hawkish pivot from the Federal Reserve take a look at the sturdiness of the digital-asset rebound. Data from CryptoSlate exhibits that the biggest cryptocurrency is buying and selling…
Strategy, the Bitcoin treasury firm, is advertising a roughly $13,400 “BTC Floor” for STRC, its variable-rate cumulative perpetual most popular inventory. With Bitcoin close to $78,000, the label appears like an unlimited buffer. The SEC-filed briefing defines one thing narrower: the Bitcoin worth at which Strategy’s illustrative STRC protection ratio reaches 1.0x. The metric supplies…
The US Treasury expects to borrow $739 billion from July by means of September whereas paying traders at hand again a few of its older bonds. The pairing seems to be self-defeating as a result of each transactions contain the identical issuer. However, they’re on separate ledgers and remedy separate issues: auctions finance the federal…
Delaware Life Insurance Company’s 2025 stability sheet took on a startling new form when the insurer corrected its annual submitting: roughly $17 billion of investments have been labeled as related-party holdings, about 39% of invested belongings, versus roughly $1.4 billion and three% within the earlier model. Clear Spring Life and Annuity Company made a separate…