Author: 行政

Bit Digital funded the majority-owned AI infrastructure company WhiteFiber without selling Ethereum or issuing new shares, but the route added a new dependency to its crypto treasury.Galaxy Digital lent Bit Digital $50 million in a borrowing associated with 49,000 pledged LsETH, and Bit Digital separately became a lender to WhiteFiber.The company said in its second-quarter results that it converted 73,235 ETH into 66,192 LsETH, the liquid-staking token it received in the exchange. It reported the pledged 49,000 LsETH as a $105.6 million digital-asset collateral receivable and retained 17,192 LsETH, worth $27.6 million, as a buffer against margin requirements. Related ReadingBit…

Multicoin Capital has exited its disclosed stake in Forward Industries, the largest Solana treasury company, according to SEC filings.The crypto investment firm had been one of the three lead investors, alongside Galaxy Digital and Jump Crypto, behind the $1.65 billion financing that launched Forward’s Solana treasury strategy in September 2025. The three sponsors collectively committed more than $300 million, while Multicoin co-founder Kyle Samani became Forward’s chairman.Less than eight months later, Multicoin Capital Management, Multicoin Capital Master Fund and managing partner Tushar Jain reported zero beneficial ownership in Forward. A May 8 Schedule 13D amendment marked the filing as the…

Security flaws across major x402 payment facilitators could expose facilitator-held assets and leave merchants without receiving payment for services provided, according to new research presented at the 35th USENIX Security Symposium.Researchers tested 15 major x402 facilitators, including Coinbase, Thirdweb, PayAI and Mogami, and found that every platform violated at least one security rule.They mapped 49 rule violations to 31 distinct vulnerabilities across systems that accounted for 99% of observed x402 transactions and 98% of payment volume during the study.The researchers identified four broad attack classes, including free shopping, asset theft, service disruption, and gas abuse.They directly validated six attack paths…

Tokens held by DATA Foundation’s team and lead investors did not begin unlocking on Aug. 13, despite that date appearing in the project’s earlier public supply schedule.The organization, formerly called Story Foundation, said on June 25 that its team and lead investors had extended their token lockups by 18 months. Read alongside the previous schedule, the announcement means the tokens held by that named cohort remained locked on Thursday instead of starting their scheduled release.The June post did not say when the 18-month period begins or provide a replacement date. It also did not identify affected wallets, quantify the tokens…

GameSquare Holdings reported stronger second-quarter operations alongside a $7.83 million crypto-linked accounting loss. The gaming and creator-economy company ended June with $2.1 million in cash and $12.1 million of current promissory notes payable, making the availability of GameSquare crypto holdings central to the liquidity picture.The company’s Aug. 12 earnings exhibit listed 15,080.51 ETH at June 30 and a rounded $25.9 million aggregate across ETH, altcoin investments, and cash. Restricted cash of $2.36 million appeared separately. The combined pool had more reported value than the note principal, with most of that pool held in digital assets whose June pledge status was…

DeFi Development Corp., which holds Solana’s SOL token as a treasury asset, reported a $27 million second-quarter loss. It is also retrenching, closing its Treasury Accelerator to new deals, lowering costs, and repurchasing convertible debt below face value.The company said in an Aug. 12 shareholder letter that its net loss on digital assets was $21.519 million, reversing a $21.194 million gain a year earlier. The digital-asset line cannot be equated with quarterly cash burn because DFDV did not disclose its realized and unrealized components.Operating expenses plus cost of goods sold, excluding fair-value changes, fell 22.6% year over year to $4.635…

BitGo’s second-quarter earnings showed $4.329 billion of revenue, but almost all of the sales generated by its largest business line flowed back out as transaction costs.Revenue increased 79.6% from a year earlier, according to BitGo’s second-quarter earnings release. Yet the headline number can obscure the underlying economics: Digital Asset Sales generated $4.198 billion of revenue against $4.190 billion of direct costs.That left a spread of $7.1 million, or 17 basis points of Digital Asset Sales revenue. The measure applies to that segment, not to BitGo’s consolidated margin.BitGo generally records Digital Asset Sales gross when it acts as principal, according to…

FG Nexus has abandoned its Ethereum treasury strategy less than a year after launch, redirecting its focus toward real estate development.In an Aug. 12 SEC filing, the Nasdaq-listed merchant bank disclosed that it sold all of its digital assets before June 30 and held no cryptocurrency at quarter-end.FG Nexus, previously known as Fundamental Global, announced its Ethereum treasury strategy in July 2025 and launched the digital-asset operation the following month. At its peak, the firm held more than 50,000 ETH.However, the firm began divesting the holdings this year amid a broader market contraction that significantly impacted digital asset treasury companies.…

Metaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might be liquidating a portion of its corporate reserves.On Aug. 12, CEO Simon Gerovich shut down the rumor and explained that the transfer was a routine custody operation, with no Bitcoin sold and total holdings unchanged at 43,000 BTC. Network fees for moving the hundreds of millions of dollars in value totaled about $8.While the physical reserves remain untouched, the company’s newly released financial disclosures reveal a sweeping structural pivot beneath the surface.During the first half of the year, the company recorded a…

The U.S. Mint has set Sept. 2 for the release of rolls and bags containing the new 1776 ~ 2026 $1 coin featuring President Donald J. Trump, with prices formally established this week at $61 for a 25-coin roll and $154.50 for a 100-coin bag. The products are part of the Mint’s yearlong celebration of America’s 250th anniversary. A newly published Federal Register notice also lists a 2026 Trump 24K one-ounce gold proof coin, though its price and release date remain to be announced. 1776 ~ 2026 President Donald J Trump $1 coins are scheduled for release Sept 2 The…