Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing …
Million
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Markets
New XRP Ledger amendments target $530 million in tokenized Wall Street assets
by shayaanby shayaanA new XRPL amendment proposal would let institutions encrypt token balances and transfer amounts while still giving issuers, auditors and regulators selective …
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Markets
Bitcoin wallet dormant since 2011 moves $3.2 million toward FalconX-linked address
by shayaanby shayaanThe 50 BTC remained in the receiving address Friday, but that wallet has previously sent funds to FalconX-labeled deposits, leaving open whether …
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Bitcoin miner IREN registered nearly 12 million shares issued in its acquisition of Mirantis for potential resale, creating a block worth about …
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DeFi
CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked
by shayaanby shayaanToken deployments across the chain’s launchpads have fallen from roughly 35,000 per day in mid-July to about 10,000, according to data. Noxa …
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Markets
JPYC raises $38 million Series B led by major Japanese logistics firm AZ-COM Maruwa
by shayaanby shayaanThe investment brings the company’s total raised to $106 million across seven funding rounds since November 2021. www.coindesk.com
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Scams
SpaceX just posted a $540 million bitcoin loss and every corporate BTC holder felt it
by shayaanby shayaanThe first public earnings from Elon Musk’s space company reveal the real cost of holding bitcoin on a balance sheet under the …
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Adoption
SpaceX Revenue Beat Overshadowed By $540 Million Bitcoin Impairment As Public Company Era Begins
by shayaanby shayaanSpaceX cleared Wall Street’s revenue target in its first earnings report as a public company. The celebration didn’t last long. A $540 …
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Federal regulators have hit a Wall Street giant with a fresh reminder that anti-money laundering compliance is not optional. The CFTC fines …
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Markets
SpaceX tops Wall Street revenue forecast, posts $540 million loss on bitcoin holdings
by shayaanby shayaanElon Musk’s space company posted its first earnings as a public company ahead of a major insider share unlock. www.coindesk.com