News linked to both this project and an event.
Odaily News Nasdaq-listed institution Strive has released its Q2 financial report for the period ending June 30, 2026. The company acquired a total of 6,236 Bitcoin in Q2, bringing its first-half total to 12,237 Bitcoin, with a Q2 Bitcoin yield of 23.9% and a first-half yield of 37.7%. Between July 1 and August 7, it added another 303 Bitcoin. The Q2 GAAP net loss was $257.6 million, of which 94.1% was attributable to the decline in the fair value of its Bitcoin holdings and STRC shares; the non-GAAP adjusted net loss attributable to common shareholders was $275 million.Since June 16, the company has initiated daily floating distributions on its SATA series perpetual preferred stock, distributing dividends 44 consecutive times as of August 7. Strive has now fully repaid all long-term and short-term debt, achieving zero leverage. As of August 7, it held $154.9 million in cash and cash equivalents, with the fair value of its Strategy STRC preferred stock at $48 million. The company has also launched an updated financial dashboard to enhance disclosure related to SATA products. (Globenewswire)
Odaily News Nasdaq-listed Bitcoin mining company Bitdeer released its unaudited financial results for the second quarter of 2026. The company reported total Q2 revenue of $228.8 million, up year-over-year; a gross loss of $8.5 million, a net loss of $92.3 million, and adjusted EBITDA of $31.1 million. BTC mining output in Q2 totaled 2,694 BTC; self-mining hashrate stood at 73 EH/s, with total managed hashrate at 86.1 EH/s, and 289,000 mining machines under management. As of June 30, the company held $496.3 million in cash and restricted cash, along with $196.9 million in digital assets and accounts receivable.In terms of AI cloud business, Q2 AI cloud revenue reached $14 million, with a 16-year, $4.7 billion AI/HPC data center lease agreement secured in Tydal, Norway. As of July 31, Bitdeer's total global power capacity reached 2,980.2 megawatts, with crypto mining facilities in Norway, Malaysia, Ohio, and other locations advancing their transition to AI computing centers. (Globenewswire)
Odaily Planet Daily reported that according to Bitcoin News monitoring, Roughnecks, the largest miner on BIP-110, has stated it will resume mining on the BIP-110 chain. Roughnecks had previously announced a suspension of operations on Saturday. It has been 37 hours since the last block was mined on the BIP-110 chain, and the signaled hashrate supporting BIP-110 has dropped from over 15 EH/s to 1.16 EH/s. The BIP-110 chain now lags approximately 250 blocks behind the original Bitcoin chain, making continued mining extremely costly with limited economic incentives. Roughnecks stated that it plans to continue mining until BIP-110 is able to implement the proof-of-work change. This change would permanently separate BIP-110 from Bitcoin's existing proof-of-work network, effectively creating a new coin.
Odaily News: UMX (The Unified Market Exchange), incubated by Avenir Group under Li Lin, has announced the launch of an invitation-only public beta.According to the introduction, UMX is positioned as a crypto-friendly securities platform for global professional investors, integrating crypto assets and real securities trading on the same platform to improve capital efficiency in cross-asset trading. During the public beta phase, the platform offers crypto spot, leverage, futures, and options trading, as well as real US stocks, ETFs, and US stock options trading.This public beta focuses on opening the capital flow channel between crypto assets and securities accounts. UMX has designed cross-market fund transfers, financing, and crypto-to-stock conversion mechanisms. Users can use "Convert & Transfer" to automatically convert stablecoins such as USDT into USD and transfer them to securities accounts with one click, or use "Borrow & Transfer" to collateralize non-stablecoin crypto assets to gain purchasing power for trading US stocks, ETFs, and US stock options. After completing fiat account verification, users can also open a personal fiat account under their own name for fiat deposits and withdrawals. Securities holdings can also be converted into corresponding stock tokens via the "Stock-to-Token" function, which can be counted toward crypto trading account margin at a corresponding discount rate, and these stock tokens can also be converted back into the corresponding securities assets.Around cross-asset capital efficiency, the platform has introduced a cross-asset margin mechanism, where eligible wealth management assets can also be used as margin. During the public beta, the platform has also launched BTC and USDT wealth management products, with maximum annualized returns of up to 2.5% and 5.5%, respectively. UMX stated that this model aims to reduce the operational costs incurred by professional investors from frequent fund transfers and fragmented account management, while providing a unified capital and risk management framework for cross-asset allocation.This public beta is invitation-based. Users who have obtained a beta code can complete registration via the UMX official website (umx.com) to experience the currently available products and services; users who have not yet received a beta code can reserve the official version, receive launch notifications, and participate in the early-bird benefits program.
According to CoinDesk, Robinhood announced the launch of a new all-in-one investment app in the UK, providing UK users with zero-fee trading services for over 50 cryptocurrencies, including BTC, ETH, XRP, and Hyperliquid (HYPE), among others. Crypto asset trading is accessed through Bitstamp, an exchange acquired by Robinhood in 2025. In addition to crypto assets, the app simultaneously opens trading for traditional financial products such as stocks, Stocks ISA, options, and futures. The platform also launched an AI feature, "Robinhood Cortex Digests for Crypto," which analyzes breaking news, market data, and technical indicators in real-time, and interprets the drivers behind price fluctuations of various crypto assets in plain language.
Odaily News Despite Ocean mining pool supporting BIP-110, miner Simple Mining, which uses the pool's DATUM protocol, still refuses to signal support and mined block height 961,634 on the Bitcoin main chain. BIP-110 has received a hash rate support rate of approximately 2.6%, far below the 55% threshold it seeks. The proposal aims to restrict non-financial data in transactions within one year. After BIP-110 nodes began rejecting blocks that did not signal support at height 961,632, the fork chain stalled after producing only 2 blocks; the Bitcoin main chain subsequently led the fork chain by more than 200 blocks. (CoinDesk)
Odaily News: Ethereum developers have proposed a "Tapered Issuance Burn" mechanism, which plans to gradually burn a portion of validators' idealized duty rewards as the ETH staking ratio rises; when the staked amount approaches 50% of the total supply, ETH net issuance will drop to 0%. The proposal's author stated that the ETH staking ratio has already exceeded one-third of the total supply as of April; without adjustments, Jerome de Tychey noted that by January 2028, the staked amount could exceed 70 million ETH, representing over 55% of the supply. Supporters argue that excessive staking could first render small independent validators economically unviable, leading to staking concentration among custodians and large service providers; the proposal is planned to be implemented over an 18-month period, with an additional preparation window of approximately 6 months reserved before any potential network upgrade. Stani Kulechov, founder of lending protocol Aave, stated that once the staking ratio exceeds 50% and rewards drop to 0%, yield uncertainty could weaken institutional staking and DeFi demand. He noted that ETH lending strategies may be affected, and the proposal remains in its early stages. (Bitcoin.com News)
The minority fork supporting BIP-110 stalled after mining blocks 961,632 and 961,633. As of Monday, the main chain has advanced to block 961,725, with the minority fork lagging by over 200 blocks. Notably, Ocean Pool has enabled BIP-110 support signaling for miners by default since July, while the DATUM protocol allows individual miners to autonomously decide block content, enabling Simple Mining to make the opposite choice.
Odaily News: A fake Wasabi Wallet app has appeared on the Apple App Store, causing a user to lose approximately 6 BTC. Since the beginning of this year, 27 fake wallet apps have been listed on the Apple Store.
Odaily News: On August 5, the minority staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs stated that the July 22 version of the CLARITY Act fails to meet five minimum standards. The bill, numbered H.R. 3633, aims to divide digital asset regulatory authority between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). The analysis suggests that the bill's two-tier system could remove certain blockchain assets from SEC oversight, allowing issuing companies to self-certify exemptions from securities regulation. Healthy Markets and five labor organizations have raised concerns over pension protections and securities law loopholes, while minority staff also noted that investors' private right of action and state and tribal enforcement powers could be weakened. Minority staff stated that DeFi-related companies could be exempt from anti-illegal financing obligations even if they earn millions of dollars from platform transactions; some crypto mixers may circumvent U.S. sanctions by exploiting the "Tornado Cash loophole." The Independent Community Bankers of America (ICBA) and the Conference of State Bank Supervisors (CSBS) warned that stablecoin yields could drain deposits from community banks, and the Systemic Risk Council has flagged related banking activities as potential bailout risks. Minority staff noted that Donald Trump alone earned over $1.4 billion from crypto businesses in 2025, with related enforcement solely under the purview of his Attorney General, and that obligations would terminate upon his departure from office. Elizabeth Warren and Richard Blumenthal, citing $3.8 billion in investor losses, have separately called on the SEC to investigate Trump memecoin. The Senate is scheduled to hold a cloture vote on September 15 on the motion to proceed, with the bill needing 60 votes to advance. (Bitcoin.com News)
According to the official announcement, South Korean crypto exchange Upbit will list CYS, ICNT, XAN, EDEN, AIOZ, and ALLO tokens on the BTC and USDT markets.
Odaily News: After forking at block height 961632, the BIP-110 minority chain has only mined two blocks, 961632 and 961633, and has since stalled due to inheriting Bitcoin's difficulty of approximately 127.48 trillion while receiving extremely low SHA-256d hash power. Pre-fork miner support was approximately 0% to 2.6%. BIP-110 supporters are discussing replacing the proof-of-work algorithm to break free from reliance on Bitcoin miners and SHA-256d hash power. Luke Dashjr has proposed selecting the final algorithm from a shortlist of candidates through a deterministic random process, with options under discussion including RandomX, KT256, BLAKE3, Scrypt, as well as CPU and GPU mining. No PoW changes have been enabled or approved yet, no algorithm has been selected or activation height announced, and Bitcoin Knots has not committed to adjusting the PoW. Relevant experimental code has been ported to the recent Bitcoin Knots codebase, but the BIP-110 minority chain has still not resumed block production.
Odaily News: The BIP-110-supporting Bitcoin minority fork chain split at block height 961,632, and stalled after mining only 2 blocks in approximately 8 hours. It is now over 80 blocks behind the Bitcoin mainnet. The fork chain inherited Bitcoin's current difficulty, but only approximately 2.53% of recent blocks signaled support for BIP-110, far below the 55% activation threshold required to avoid a fork. Bitcoin only adjusts difficulty every 2,016 blocks, and based on current hash rate, it is estimated that this chain would need approximately 350 days to complete its next adjustment. BIP-110 proposes to temporarily prohibit the inscription of non-financial data such as images and text in Bitcoin transactions. Michael Saylor stated that approximately 99.85% of Bitcoin's hash power remains on the mainnet; since both chains accept identical transactions, transactions on the minority chain could potentially be replayed onto the Bitcoin mainnet.
Odaily Odaily News: Bitcoin Core developer Murch has proposed on the X platform to remove Luke Dashjr from the position of BIP editor. Murch stated that Luke Dashjr was involved in BIP-110 and accused him of inconsistently exercising editorial authority, including assigning a BIP number to the proposal ahead of schedule, as well as rapidly merging updates despite his limited contributions to BIP editor work in recent years. Murch also noted issues regarding "trust, communication, and coordination" between Luke Dashjr and other BIP editors, and argued that his support for controversial soft forks that could potentially evolve into hard forks represents a "complete departure from the Bitcoin development ecosystem."
Odaily News: Grayscale Head of Research Zach Pandl said that even if the Digital Asset Market Structure Clarity Act (CLARITY Act) is not passed, the operation of major blockchains, demand for Bitcoin as a store of value, and growth of stablecoin payments will not be immediately affected. Regulators will fill regulatory gaps through rulemaking. Zach Pandl noted that the lack of comprehensive market structure legislation could dampen new investment activity in the US, prompting crypto industry participants and startups to move to overseas jurisdictions with clearer regulatory frameworks. The US government will continue to support the development of the crypto ecosystem. Strategy co-founder and Executive Chairman Michael Saylor previously stated that regardless of whether the CLARITY Act is passed, Bitcoin will continue to develop, but the US needs regulatory clarity for digital assets. Senator Bernie Moreno said that Senate Democrats and Republicans have concluded related negotiations, and a vote will follow.
Michael Saylor, Executive Chairman of digital asset treasury company Strategy, posted a Bitcoin holding chart on X on August 9, with the caption "Doing Business." Strategy holds 842,138 Bitcoin on its books, valued at approximately $55 billion as of the morning of August 9. Since June 22, the company has disclosed four sales but no purchases. The Strategy chart shows its average Bitcoin cost basis is $75,653 per coin, with unrealized losses of approximately $9.051 billion. The Strategy dashboard shows that as of 10:06 that day, total reserves including $4 billion in cash stood at $5.889 billion, with the Bitcoin portion valued at approximately $54.9 billion and an average cost basis of $75,419 per coin. On August 3, Strategy filed a document with the U.S. Securities and Exchange Commission (SEC) disclosing the sale of 1,638 Bitcoin from July 27 to August 2, with a transaction amount of approximately $104.73 million and an average price of $63,957 per coin. The company also sold 2,225, 1,363, and 32 Bitcoin on July 6, June 30, and June 1, respectively, and repurchased 912,143 shares of STRC for $81.2 million.
Odaily News: Despite Michael Saylor posting Bitcoin Tracker updates weekly, Strategy has not purchased Bitcoin since June. (Bitcoin News)
Odaily News: Software company Strategy holds nearly 850,000 Bitcoin, valued at just over $50 billion, with some recent purchases funded through debt and stock issuance. Since Michael Saylor shifted the company toward Bitcoin accumulation in 2020, his wealth has fluctuated with Bitcoin's price. Michael Saylor stated that last year, with the aid of an AI chatbot, he earned $15 billion through the company's Bitcoin-backed preferred stock. Strategy's STRC offers an annual dividend yield of 12%, with its price recently recovering to near $100 after dipping to around $75 in late June. Over the past year, Strategy's common stock value has fallen by approximately 80% alongside Bitcoin's price decline. The company recently sold some of its Bitcoin holdings to manage debt and dividend commitments, and has built a $4 billion cash reserve, providing roughly two years of funding support before subsequent financing. Michael Saylor also mentioned that in May of last year, he used ChatGPT's deep research mode to design the company's convertible preferred stock product.
Odaily Odaily News Bitcoin News stated on the X platform that, aside from Roughnecks, PyBLOCK—one of the largest Bitcoin mining pools supporting BIP-110—has indicated that it has been advised to pause signaling for BIP-110 until further notice. PyBLOCK stated that it will continue mining "completely clean blocks with zero junk information," consistent with its practices prior to BIP-110. Roughnecks confirmed the suspension, saying, "Yes, temporarily paused. BIP-110 is not over, but mining under the current algorithm is mostly a waste. More updates will follow."
Odaily News BIP-110 has sparked community controversy over its attempt to restrict non-financial data storage on the Bitcoin blockchain. Supporters of this proposal plan to push for the rule change through a User-Activated Soft Fork (UASF), but current miner support is far from meeting the activation requirements. The market is watching whether this controversy will further escalate into a split within Bitcoin's network governance.Blockstream CEO Adam Back criticized the arguments of BIP-110 supporters in a post on the X platform, stating that the claim "Bitcoin supports spam data" is incorrect and noting that all Bitcoin participants dislike network spam. Adam Back pointed out that Bitcoin cannot achieve absolute censorship at the mathematical level, and the BIP-110 proposal itself has numerous flaws that prevent it from functioning effectively, which is why it has not gained network consensus. He emphasized that forcibly pushing rule changes without consensus could ultimately lead to a fork outcome similar to Bitcoin SV (BSV).