Author: 行政
PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involving 307 BTC. The executed schedule records the unwind cost as added principal rather than cash or USDC.The company’s Aug. 28 filing disclosed a $21,892,131.88 replacement 30-day collar balance with Arch Lending, up from $18,127,131.88. The facility remains secured by 307 BTC, but its annual interest rate rose from 2% to 6.5%. Related ReadingBitcoin miner gambles on a 4-day bridge loan equal to 97% of its BTC treasury value – the deadline passed without in total silence How the Bitcoin collar…
OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and three leadership roles at the Bitcoin mining pool.Dashjr resigned as chairman, chief technology officer and director, while OCEAN repurchased all of his equity, according to an Aug. 29 joint statement. Holding those board, technical and executive positions had placed him at the center of both OCEAN’s governance and its mining-policy decisions.The private company did not disclose the repurchase price, its remaining ownership structure or successor appointments. OCEAN said it will continue operating its transparent, non-custodial pool, while Dashjr will pursue…
A White House speech insider who worked as a teleprompter operator must surrender $107,539.02 in prediction-market profits after the Commodity Futures Trading Commission found that he traded on advance access to presidential speeches.The settled administrative order also requires Gabriel Perez to pay a $65,000 civil monetary penalty, cease and desist from further violations and accept a three-year trading ban. The CFTC said the penalty was substantially reduced because of Perez’s exemplary cooperation. The cited materials describe a civil regulatory settlement and do not report a criminal conviction.How the White House speech insider gained a trading edgeThe CFTC found that Perez…
Coinbase’s new B20 stock tokens on Base place Apple, Alphabet, Meta and Nvidia-linked exposure on a blockchain that keeps trading through the weekend.AAPLc, GOOGLc, METAc and NVDAc confer beneficial claims on underlying shares held within Coinbase’s tokenization structure; they are designed for eligible users outside the United States and differ from ordinary US-listed shares.Coinbase describes continuous secondary transferability, while Base presents the assets as building blocks for decentralized finance. That DeFi pitch includes a prominent borrowing example. Base says a holder could use tokenized Nvidia exposure as collateral on Aave, creating an obvious risk question when the token continues trading…
The US Treasury expects to borrow $739 billion from July through September while paying investors to hand back some of its older bonds. The pairing looks self-defeating because both transactions involve the same issuer. However, they are on separate ledgers and solve separate problems: auctions finance the government and create liquid benchmarks, while buybacks retire selected old issues or help Treasury manage its cash balance.Treasury’s Aug. 3 borrowing estimate assumes a $950 billion cash balance at the end of September, then projects another $628 billion of borrowing from October through December. Its August refunding statement authorized as much as $38…
Bitcoin HWI, a widely used interface for connecting wallet software to hardware signing devices, is moving toward retirement, while the Rust project its maintainer cited as a promising successor has not yet demonstrated a production handoff.The maintainer of Bitcoin Core’s Hardware Wallet Interface, or HWI, said on Aug. 18 that the project had effectively been in maintenance mode for years and had largely been a solo effort. HWI will no longer accept new devices or features beyond work needed for MuSig2. Once that work is complete, the maintainer expects to make a release that will likely be the project’s last,…
Delaware Life Insurance Company’s 2025 balance sheet took on a startling new shape when the insurer corrected its annual filing: roughly $17 billion of investments were classified as related-party holdings, about 39% of invested assets, versus roughly $1.4 billion and 3% in the earlier version.Clear Spring Life and Annuity Company made a separate correction of about $4.6 billion, taking the two revisions above $20 billion across companies connected to financier Mark Walter.Transactions with related entities are permitted under state insurance oversight, and the corrected labels say nothing conclusive about loan quality. They expose how a model built around private assets,…
Better Mortgage and Coinbase announced on Aug. 26 that Better’s token-backed conforming mortgage had reached general availability. Better’s product page says interested borrowers can start an application.The structure does not use Bitcoin to secure the primary mortgage. Instead, a homebuyer takes two loans from Better: a standard first mortgage on the home designed to conform to Fannie Mae guidelines, and a separate loan that supplies the cash down payment. The second loan is secured by pledged Bitcoin and a second lien on the property. Related ReadingHomebuyers can now borrow against Bitcoin to get a mortgage without selling or liquidation risk…
Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings. Regulator-required reserve, reconciliation and audit controls will remain, but they do not provide the same daily public visibility.The exchange said the change reflects a wallet infrastructure overhaul during its integration with Coinbase. Deribit said roughly 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired the derivatives platform in August 2025. Its disclosures name Coinbase at the brand level but do not identify the specific Coinbase…
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IREN’s AI cloud revenue.The company’s fiscal 2026 results, filed Aug. 27, show Bitcoin mining generated $578.2 million of IREN’s $707 million in annual revenue, or about 81.8%. AI Cloud Services contributed $128.8 million.That ongoing transition produced a $638.8 million non-cash impairment, primarily tied to decommissioning miners as data center sites were converted for AI workloads. IREN also reported a $702.6 million net loss, which was affected by the impairment and other items. The charge was not a…