Author: 行政
Nasdaq-listed Bitcoin treasury company Empery Digital has added a completed AI-infrastructure investment to its strategy, closing a $20 million preferred-equity stake in Cardinal Data Power while a much larger property commitment remains conditional.The company said it signed and closed the Cardinal investment on July 20, taking an approximately 8% stake in the Hunt Properties-affiliated developer. The deal formed part of an approximately $70 million Series A intended to support Cardinal’s proposed West Texas data-center campus. Its future capacity, conversion of a campus letter of intent into a binding lease, and power-delivery dates remain projections.The closed investment confirms a broader capital-allocation…
Why Hashdex’s new crypto ETF keeps 100% of your initial staking yields and 40% of everything else
Hashdex plans to put some of the crypto held by its Nasdaq CME Crypto Index ETF (NCIQ) to work through staking. The sponsor takes the first slice of net income, while common shareholders begin sharing in the rewards after an annual threshold is cleared.The framework is prospective. A July 23 Form 8-K named Coinbase Cloud as the initial provider and said staking was expected to begin promptly, subject to operational readiness.Under the July 23 prospectus supplement, a staking provider first retains its portion of gross rewards. Hashdex then receives all remaining net staking income up to a dollar threshold equal…
The brutal $346M math behind Galaxy’s high-stakes race to build CoreWeave’s Texas AI mega-center
Galaxy Digital’s $3.507 billion financing for its CoreWeave data-center build in Texas comes with a steep price: about $346.3 million in annual interest.A Galaxy project subsidiary priced the 9.875% senior secured notes on July 23. The deal is slated to close July 28, and the notes mature on Aug. 1, 2031.The financing is intended to cover part of two buildings with eight data halls at the Helios campus. The facilities are planned for 400 megawatts of utility capacity and 260 MW of critical IT capacity, with some proceeds also funding debt-service reserves.Advertise with CryptoSlate Related ReadingCoreWeave’s $20 billion funding haul…
Lawsuit claims 3.8M dormant BTC using police lost-and-found rules as Congress races to stop it with CLARITY
Section 20216 of the latest CLARITY draft states that a self-custodied digital asset cannot become abandoned, unclaimed, or forfeited. It also cannot become subject to adverse possession or finder’s title solely because its owner has not moved it or otherwise shown continued interest.The language overrides state and local laws that treat years of wallet inactivity alone as grounds for transferring ownership to someone else.The May 8 and May 20 Senate drafts protected only the ability to hold a self-hosted wallet, and the July 22 version adds scope beyond that, extending into property law and covering whether a person still owns…
Ten dairy cows in Paraná, Brazil, carried encrypted identities that Cowmed collars had built from each animal’s health, behavior, and location data into B3 this week.Those identities turned the cows into collateral for nearly $20,000 in credit, and the record behind them aims to shrink the haircut lenders apply and stop lenders from pledging the same animal twice.Brazil’s pilot proves the mechanics work at a small scale, and the bigger opportunity sits in countries where farmers own valuable livestock and cannot borrow against it because they lack the land titles banks require.Advertise with CryptoSlateThe global gap between what small businesses…
Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt
KULR Technology Group, a US-listed battery technology company, and The Smarter Web Company, a UK-listed web services group with a Bitcoin treasury strategy, have sold approximately 511 BTC and used the proceeds to retire approximately $31.7 million of obligations in disclosures published one day apart.The total comprises $20 million of KULR principal and Smarter Web’s exact $11,698,540 repayment. Both companies acted voluntarily and retained substantial Bitcoin reserves; neither disclosure described a lender-forced liquidation. The shared consequence is that financing can turn assets presented as long-term holdings into repayment inventory without ending a treasury strategy.KULR’s July 24 filing said it sold…
Traders spent most of July with a pretty good explanation for why Bitcoin wouldn’t move. A dense cluster of options contracts had the price boxed in, they argued, because the dealers who sold those contracts were buying every dip and selling every rally to keep their own books balanced. Clear the contracts away, and Bitcoin would finally be free to go somewhere.The contracts have now cleared on two consecutive Fridays, and Bitcoin is sitting roughly where it started. It traded just under $64,000 on Saturday, closing out a week in which it failed to hold $66,000 and then slid back…
Coinbase began offering US perpetual-style futures on its CFTC-regulated derivatives exchange, starting with nano Bitcoin and Ethereum contracts that track spot prices, carry embedded leverage, and trade around the clock.This is a financial product that’s responsible for most of the crypto leverage in the world, and it’s now crossed into the US market. Aside from bringing another way to bet on Bitcoin, it’s also bringing the entire machinery that essentially set offshore price discovery for years.The US market is now importing funding payments, continuous leverage, and automatic liquidations across several exchanges, each one built to different specifications.Advertise with CryptoSlatePerpetual futures…
Bitcoin price has a $64.5k trap as Sunday’s close forces traders between a $68k relief rally or a drop to $60k
Bitcoin is trading near $64,500 this weekend, sitting between $65,000 resistance above and $62,500 support below, the two prices that will define its week.Bitcoin climbed as high as $66,990 on July 21, a one-month high, before slipping back under $65,000 and turning that former breakout line into overhead resistance. Trading volume over the past 24 hours has run more than 40% below its recent average, a reminder that whatever prints over the weekend needs Sunday’s close to confirm it.Four prices now split the weekend into a decision map, two above the current range and two below it.Advertise with CryptoSlateA close…
Crypto promised to eliminate stockbrokers, but 94% of its tokenized market now relies on an Alpaca
Alpaca says it custodies more than $1.5 billion of shares backing tokenized equities, which, by public tracker measurements, would represent most of the market.With DTCC preparing to launch its own tokenization service in October and the SEC warning that third-party stock tokens can expose investors to additional ownership and intermediary risks, the numbers reveal a concentrated brokerage layer beneath a market promoted as decentralized.Tokenization is the practice of representing a real-world asset as a digital token on a blockchain, so that owning the token stands in for owning, or at least tracking, the thing itself. Applied to equities, it means…