Despite the quarterly loss, Strategy increased its BTC holdings and continued reducing its outstanding convertible debt. Leading Bitcoin treasury company Strategy’s results for the second quarter show a loss of over $8 billion, while crypto exchange Coinbase reported a 14% quarterly revenue loss. According to the two companies’ latest earnings reports released on Thursday, […]
Lite Strategy has repurchased 4.9 million shares for $5.4 million, using Litecoin treasury activity and covered-call premiums to fund the buyback. The company said the repurchase represented 13% of shares outstanding, with an average price of $1.11 per share. The validated notes show Lite Strategy holding 819,070 LTC against 31,882,648 shares outstanding after the transaction. […]
A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but meaningful bridge between closed-loop reward points and on-chain stablecoin payments. The integration involves MOACT’s rewards app, NORM Points, JPYC, Polygon, and HashPort Wallet. According to the validated notes, users can convert loyalty […]
The Coinbase Deribit migration for International Exchange institutions is scheduled for Sept. 9. The planned cutover would move accounts, balances and positions to Deribit, cancel open orders, settle positions at market prices and recreate them on Deribit. The change applies to International Exchange institutional clients, not the retail migration path for Coinbase app and website […]
CleanCore Solutions has signed a 10-year colocation agreement with Cerebras Systems valued at $800 million, and the story is not just that a small public company has moved into AI infrastructure. It is that a company previously known in crypto circles for its Dogecoin treasury has now made a much larger corporate pivot. According to […]
Uniswap governance has activated a protocol fee switch on v4 liquidity pools, pushing protocol revenue higher and directing collected fees toward UNI buy-and-burn mechanics rather than direct distributions to tokenholders. The validated notes point to Uniswap Governance Proposal 100 passing with about 46.6 million votes in favor and roughly 1.27 million opposed. The mechanism collects […]
Armada Acquisition Corp. II, the SPAC behind the Evernorth XRP deal, has borrowed $135,000 from Arrington XRP Capital Fund. Arrington is both Armada’s sponsor and the subscriber behind a major XRP commitment to the transaction. Related Reading New US company completes $1 billion XRP purchase as Ripple celebrates price surge Institutional momentum builds as Evernorth […]
ENS Labs has revised a governance proposal after delegate criticism over treasury control, choosing to keep the DAO’s primary operational wallet custody in place rather than moving broader control to the Foundation. According to the validated notes, the revised plan scraps the more contentious transfer of the DAO’s operational wallet, which includes ETH and stablecoins. […]
A Tron address reportedly received 120.2 million USDT last week and began routing funds before Tether reportedly froze about $72 million in USDT after the flow was flagged as suspected laundering, with no specific hack publicly tied to the wallet. The freeze appears to have frozen funds that were still held in USDT. It did […]
NEAR has launched a staking-based payment model for NEAR AI, giving users a way to lock NEAR tokens and receive monthly compute credits instead of paying through traditional cloud billing or credit-card rails. According to the validated notes, the system gives users access to 43 hosted AI models, including models from OpenAI, Anthropic, and Google. […]
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