Elon Musk’s space company posted its first earnings as a public company ahead of a major insider share unlock. www.coindesk.com
Tops
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Net loss came to $57.2 million, narrowed from $81.8 million in the first quarter. A $71.2 million non-cash loss on digital assets …
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Scams
Trump Family’s American Bitcoin Tops 8,000 BTC After Record Mining Quarter
by shayaanby shayaanIn brief American Bitcoin grew its treasury to about 8,002 BTC after mining a record 932 Bitcoin in Q2. Mining revenue climbed …
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Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of …
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Finance
US gold reserves value tops $1T — so why are allies fleeing the dollar?
by shayaanby shayaanThe U.S. gold reserves value sits above $1 trillion at current market prices — and yet, according to Treasury Secretary Scott Bessent, …
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Mining
Ionic Raises $400M as AI Revenue Tops Bitcoin Mining Ahead of Nasdaq Listing
by shayaanby shayaanThis article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …
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Markets
Tether Briefly Overtakes Ethereum As Stablecoin Market Cap Tops ETH During Sell-Off
by shayaanby shayaanTether briefly overtook Ethereum by market capitalization on June 26, according to the validated discovery pack, as ETH sold off into the …
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South Korean memory chip maker SK Hynix has pulled off something only one other domestic company has ever managed. Its market capitalisation …
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DeFi
Yearn Finance Tops Santiment’s Yield Farming Development Rankings as Katana Slips
by shayaanby shayaanDevelopment activity is emerging as one of the clearest signals for separating committed yield farming projects from those coasting on past momentum. …
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Kalshi has deployed an artificial intelligence agent to help decide which prediction markets to launch as trading activity on the platform has …