Author: 行政

Hyperscale Data expects revenue to reach as much as $350 million in 2027, although the AI expansion consuming its Bitcoin holdings may contribute less than one-sixth of the total.In a statement this week, the company said that this projected revenue would triple the roughly $102 million generated in 2025. Its Adjusted EBITDA is projected at $60 million to $80 million for the year.Instead, the firm added that most of its revenue for the impending year would come from lending, digital assets and portfolio companies.Executive Chairman Milton “Todd” Ault III said the forecast reflects the combined contribution of Hyperscale’s three operating…

The following is a guest post and opinion from Danyel Arenas, Co-Founder and CEO at KiiChain.Visa’s launch of its Stablecoin Platform is a sign that stablecoins are moving into mainstream financial infrastructure. The platform gives banks, fintechs and payment providers a way to access, hold, move and redeem stablecoins within a Visa-managed environment.As that access improves, however, foreign exchange becomes a bigger part of the equation. Stablecoins can simplify the movement of value across borders, but each payment still needs to connect with the currency required at its destination.For that reason, local-currency liquidity and FX settlement are becoming increasingly important…

Binance-affiliated entities filed a Hong Kong petition against RedotPay’s founders, alleging the payment startup used its partnership with Binance to divert more than 470,000 Binance Card customers into its own competing stablecoin card.As Bloomberg News reported, Binance claims $472.8 million in losses, built on an estimated $925 lifetime value per customer, and says RedotPay received roughly $304 million in user funds routed through Binance Pay.RedotPay denies the allegations and says the case will not affect its daily operations.RedotPay says it now serves more than 8 million users and processes roughly $14 billion in annualized payment volume, a scale that reportedly…

BNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug. 4.BNY touches roughly 20% of the world’s investable assets, with $62.6 trillion in assets under custody and administration as of June 30.Galaxy is one of three validator firms approved to stake Ethereum for BlackRock’s iShares Staked Ethereum Trust (ETHB). The prospectus says the fund can stake 70% to 95% of its holdings under normal conditions.Two of Wall Street’s largest names now route institutional crypto staking through the same infrastructure provider. Galaxy also runs staking for Solana and other proof-of-stake networks,…

sFOX says execution through crypto dark pools rose from negligible volume in April to 15% of monthly volume by June. Separately, the firm’s July 30 report puts OTC-desk routing at 77.7% of institutional volume moving through the platform, versus 18.4% landing on public exchanges. May’s dark-pool volume alone came to $147 million.Diana Pires of sFOX told CryptoSlate that the change is structural, comparing it with the repositioning that equities and foreign exchange markets went through years ago.RouteShare / data pointWhat retail seesWhat retail missesDark poolsRose from negligible in April to 15% by JuneLess visible market impactDirection, size and identity of…

Bitdeer secured a $4.7 billion AI lease but must complete a $500 million build before the contract starts generating revenue.On Aug. 4, the Bitcoin miner announced that its Tydal Data Center subsidiary signed a 16-year agreement to provide Volta with 121 megawatts of computing capacity at its Norway campus.Volta will install Nvidia chips across four data halls, while Dell Technologies will provide the computing systems. Bitdeer described the end customer as a leading AI laboratory, although media reports have identified it as Anthropic.The agreement marks a major step in Bitdeer’s expansion beyond Bitcoin mining and into AI infrastructure, where long-term…

Bitcoin miner IREN registered nearly 12 million shares issued in its acquisition of Mirantis for potential resale, creating a block worth about $476 million that could add selling pressure to its stock.The company agreed in May to acquire Mirantis in a transaction valued at approximately $625 million at signing, largely through a fixed number of 13.7 million IREN shares.However, the deal closed Aug. 3 with IREN issuing 12.6 million shares alongside about $40 million in cash, restricted stock units and other consideration.One day later, IREN filed a prospectus covering 11.9 million of those shares held by former Mirantis investors, directors,…

The United States Mint today at noon ET releases its latest product celebrating America’s 250th anniversary: the Best of the Mint 1916 Walking Liberty Half Dollar Gold Coin and Silver Medal Set. It features a half-ounce, 24-karat gold coin recreating Adolph A. Weinman’s classic half dollar design and a silver medal that gives it a contemporary treatment. The 1916 Walking Liberty Half Dollar Gold Coin and Silver Medal Set is the third release in the Best of the Mint Semiquincentennial series Introduced in 1916 and widely regarded as one of the finest designs in American coinage, Walking Liberty returns in…

Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing shows that only $233.6 million was unrestricted and available for general corporate use. The other $6.8 billion, or 96.7% of the total, was restricted.That distinction makes Hut 8’s headline balance a misleading measure of the company’s flexible liquidity if its large AI data-center projects run late or over budget.Hut 8 held $7.02 billion in cash at June 30, but 96.7% was restricted to project financing and related obligations.The restricted balance principally consists of proceeds from notes issued for…

Bitcoin miner Cipher Digital sold 1,619 Bitcoin for $123.4 million and booked $47.7 million in realized losses. Its filing shows $66.7 million in interest expense against $24.8 million in mining revenue, roughly 2.7-to-1.Cipher ended June with 646 Bitcoin worth $37.8 million, and quarterly mining revenue fell from $43.6 million a year earlier, with the second quarter carrying $23.5 million of the realized loss. Related ReadingBitcoin miners start funding pivot to AI with debt while selling BTC to stay liquidCoinShares’ latest mining report suggests the biggest shift is that stressed miners are selling coins, stronger operators are pivoting into AI, and…