The lending sector’s contraction occurred against a broader decline in blockchain industry revenues. According to 1kx, total blockchain revenues are projected to …
Plunge
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In addition, Elice also reported profits in the first half of 2026. It registered a revenue of 34.4 billion won and an …
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Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty. www.coindesk.com
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Markets
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
by shayaanby shayaanOnce home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms …
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South Korea’s Korea Exchange halted trading in KOSPI-listed shares for 20 minutes on July 28 after the benchmark fell 8.02% to 6,213.51. …
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Scams
Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy’s STRC Plunge
by shayaanby shayaanIn brief Strive CEO Matt Cole called Thursday’s preferred equity performance the “most difficult day ever” for digital credit products. Strive’s SATA …
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Markets
Live markets: bitcoin's plunge continues, putting February $60,000 low back in play
by shayaanby shayaanGoogle overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into …
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Smart Contracts
Bitcoin Firm Nakamoto Plots 1-for-40 Stock Split Following 99% Price Plunge
by shayaanby shayaanIn short Bitcoin company Nakamoto implements a 1-for-40 reverse stock split. This move is intended to help the company reach a $1 …
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Mining
Canaan Shares Plunge as CEO Says Middle East Conflict Is Clouding Outlook for Bitcoin Miners
by shayaanby shayaanIn brief Canaan’s revenue dropped 68% quarter-over-quarter to $62.7 million, triggering a widening net loss of $88.7 million. To secure “survivability,” the …
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Scams
XRP New Addresses, Active Supply Plunge Amid Shift to ‘Institutional Rails’
by shayaanby shayaanIn brief New daily XRP addresses fell 85% from 18,000 in December 2024 to 5,020, with monthly active supply down 73% over …