Riot Platforms (RIOT) surged more than 20% before the start of U.S. equity trading on Tuesday after the bitcoin $BTC$64,196.96 miner said …
Billion
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Markets
Strategy builds $4.75 billion cash cushion as only bitcoin isn’t enough for investors
by shayaanby shayaanStrategy is holding billions in cash after learning that traditional investors don’t necessarily view its massive bitcoin reserves as a substitute for …
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Mining
With $0 in revenue and 35 idle machines in storage, an inactive Bitcoin miner printed 1.65 billion shares to stay alive
by shayaanby shayaanMGT issued about 1.65 billion shares by Aug. 6 as the inactive Bitcoin miner with no operating business reported no revenue for …
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Markets
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
by shayaanby shayaanThe exchange has secured a preliminary injunction freezing stolen assets. www.coindesk.com
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Finance
Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects
by shayaanby shayaanHut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing …
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Mining
Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end
by shayaanby shayaanBitdeer secured a $4.7 billion AI lease but must complete a $500 million build before the contract starts generating revenue. On Aug. …
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Finance
GameStop plans $1.4 billion stock swap as Bitcoin collateral risk emerges
by shayaanby shayaanGameStop has agreed to swap $1.4 billion of zero-coupon convertible notes for stock, a deal that would retire about one-third of its …
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Scams
SEC Bought a Billion Airline Records to Track Travelers—Likely Without a Warrant
by shayaanby shayaanIn brief SEC documents obtained by 404 Media show the agency subscribed to Airlines Reporting Corporation’s Travel Intelligence Program, which held over …
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Markets
New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion
by shayaanby shayaanThe EIP-8361 draft proposal calls for burning a rising share of validator rewards as the staking ratio climbs. www.coindesk.com
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Total stablecoin supply topped out near $322.121 billion in mid-May 2026, according to stablecoin market data from defillama.com, before giving back more …