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Since 2017, CryptoSlate has strived to be an objective authority in the rapidly evolving and nascent digital assets space. With a focus on Bitcoin, DeFi, NFTs, and web3, CryptoSlate aims to be a go-to destination for both novice and experienced crypto investors.
GD Culture Holds 7,500 BTC with Floating Loss Exceeding $200 Million, 18-Fold Equity Dilution to Maintain Operations
According to CryptoSlate, Nasdaq-listed company GD Culture Group disclosed in its first-half 2026 financial report that the fair value of its 7,500 BTC holdings (original cost $842 million) declined to $451.2 million as of June 30, resulting in a $211.8 million non-cash unrealized loss, accounting for 97.9% of the company's net loss of $216.2 million for the first half of the year. Notably, the company did not sell its core BTC reserves but maintained liquidity through large-scale equity financing—after adjusting for a 1:250 reverse stock split, the number of outstanding shares surged from 229,000 at the beginning of the year to 4.1625 million, an 18-fold increase, with 99.65% issued for cash. The company raised approximately $47.5 million through ATM offerings and private placements combined, with working capital of $36.6 million as of June 30. Management stated that existing liquidity is sufficient to cover operating obligations for at least the next 12 months.
Bitplanet Partners with Antalpha to Advance Bitcoin Mining, Testing the Feasibility of the "Mining-Based Reserves" Model
According to CryptoSlate, South Korean Bitcoin treasury company Bitplanet has signed a strategic memorandum of understanding with Nasdaq-listed company Antalpha and related partners, planning to introduce 15 billion KRW worth of Bitcoin mining equipment and launch full operations within the month. This move signifies that Bitplanet is shifting from a reserve model of simply purchasing Bitcoin through financing to continuously generating Bitcoin revenue through mining.
U.S. ICBA Calls for Re-examination of Kraken’s Limited-Purpose Charter; Crypto Firms’ Prospects for Direct Access to Fed Payment Systems Under Pressure
According to CryptoSlate, the Independent Community Bankers of America (ICBA) sent a letter to the Federal Reserve Bank of Kansas City requesting a reassessment of Kraken Financial’s compliance ahead of the renewal of its one-year limited-purpose charter, and urging consideration of additional restrictions, suspension, non-renewal, or termination.
U.S. Congress Proposes Reestablishing the Cryptocurrency Crime Task Force to Fill the Law Enforcement Gap Left by the DOJ’s Disbanding of the NCET
According to CryptoSlate, U.S. Representatives Lance Gooden and Josh Gottheimer jointly introduced the Federal Cryptocurrency Theft Enforcement and Coordination Act, which proposes establishing a Federal Cryptocurrency Theft Task Force within the Department of Justice (DOJ). The task force would comprise representatives from the DOJ, FBI, Department of Homeland Security, and Department of the Treasury (including FinCEN). It would serve as the federal government’s central coordinating body for preventing, investigating, and prosecuting cryptocurrency theft cases, while also providing training and technical guidance to local law enforcement agencies on evidence collection, asset tracing, and victim support. This move follows the DOJ’s April 2025 decision to disband the National Cryptocurrency Enforcement Team (NCET), citing a shift toward “prosecution over regulation.” FBI data shows that cryptocurrency-related complaints reached 181,000 in 2025, with losses exceeding $11 billion. Notably, the bill explicitly excludes cryptocurrency market regulation from the task force’s mandate, and existing criminal statutes remain unchanged. However, critical details—including funding sources, staffing levels, and victim response mechanisms—remain undefined, prompting external concerns about the bill’s practical implementation.
MiCA’s grace period expires on July 1, and approximately 75% of crypto platforms in the EU may face shutdown
According to CryptoSlate, the transitional grace period for the EU’s crypto regulatory framework, MiCA, will officially end on July 1, 2026. As of May 2026, only 194 crypto firms across the EU have obtained formal licenses—while over 3,000 crypto enterprises registered in 2024. Approximately 75% of legacy platforms are expected to lose their operating eligibility once the grace period concludes. Unlicensed platforms must orderly shut down, migrate users to licensed platforms, or fully exit the European market before the deadline. France’s financial regulator, the AMF, has taken the firmest stance, explicitly warning that unlicensed operations may incur penalties of up to two years’ imprisonment and a €30,000 fine. For ordinary users, if their platform fails to obtain a MiCA license, they may face restrictions such as being unable to deposit funds or being required to withdraw existing funds.
The White House is studying the basis for a ban on stablecoin yield, and the Senate battle over the CLARITY Act has entered a critical phase.
According to CryptoSlate, the White House Council of Economic Advisers recently released a research report stating that banning stablecoin yields offers only minimal protection for bank lending, yet would significantly reduce consumers’ ability to earn returns through digital cash. This conclusion directly undermines the banking industry’s core argument in favor of yield restrictions and provides new policy support for the CLARITY Act. Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly endorsed the bill, indicating growing alignment between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for reviewing the legislation, and political maneuvering remains the largest uncertainty. Analysts note that if the committee completes its review before the summer recess, the bill’s chances of passage will rise substantially; otherwise, it faces the dual risks of electoral pressures and legislative delays.
Nasdaq-listed company AIxCrypto reports 50% unrealized loss on crypto holdings, announces orderly exit and transition to event robot rental
According to CryptoSlate, Nasdaq-listed company AIxCrypto Holdings announced plans to orderly sell all its crypto assets. As of June 30, the company held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB, and small amounts of ADA, LINK, TRX, USDT, and XRP, with a total cost basis of $10.43 million, fair value of only $5.21 million, an unrealized loss of approximately $5.22 million, representing a drop of about 50% from cost. Meanwhile, the company's operating cash consumption in the first half of the year reached $7.94 million, with accumulated losses as high as $150.3 million, raising doubts about its ability to continue as a going concern. The company is shifting its business focus to its RoboShare robot rental platform and completed its first commercial order on August 15, deploying 6 robots at a Malibu event, but specific revenue and subsequent demand have not yet been disclosed.
Winklevoss brothers donated $10.018 million in Bitcoin to the Trump Political Action Committee
According to CryptoSlate, U.S. Federal Election Commission documents show that Cameron Winklevoss and Tyler Winklevoss donated a total of Bitcoin worth $10.018 million to the pro-Trump super political action committee MAGA Inc. on June 19, 2026. Relevant records also show that this batch of Bitcoin was subsequently sold through Gemini; the appearance of the Gemini name in the documents does not mean Gemini made a separate donation.
U.S. Congress Proposes Reestablishing the Cryptocurrency Crime Task Force to Fill the Law Enforcement Gap Left by the DOJ’s Disbanding of the NCET
According to CryptoSlate, U.S. Representatives Lance Gooden and Josh Gottheimer jointly introduced the Federal Cryptocurrency Theft Enforcement and Coordination Act, which proposes establishing a Federal Cryptocurrency Theft Task Force within the Department of Justice (DOJ). The task force would comprise representatives from the DOJ, FBI, Department of Homeland Security, and Department of the Treasury (including FinCEN). It would serve as the federal government’s central coordinating body for preventing, investigating, and prosecuting cryptocurrency theft cases, while also providing training and technical guidance to local law enforcement agencies on evidence collection, asset tracing, and victim support. This move follows the DOJ’s April 2025 decision to disband the National Cryptocurrency Enforcement Team (NCET), citing a shift toward “prosecution over regulation.” FBI data shows that cryptocurrency-related complaints reached 181,000 in 2025, with losses exceeding $11 billion. Notably, the bill explicitly excludes cryptocurrency market regulation from the task force’s mandate, and existing criminal statutes remain unchanged. However, critical details—including funding sources, staffing levels, and victim response mechanisms—remain undefined, prompting external concerns about the bill’s practical implementation.
The White House is studying the basis for a ban on stablecoin yield, and the Senate battle over the CLARITY Act has entered a critical phase.
According to CryptoSlate, the White House Council of Economic Advisers recently released a research report stating that banning stablecoin yields offers only minimal protection for bank lending, yet would significantly reduce consumers’ ability to earn returns through digital cash. This conclusion directly undermines the banking industry’s core argument in favor of yield restrictions and provides new policy support for the CLARITY Act. Currently, Treasury Secretary Bessent and SEC Chair Atkins have both publicly endorsed the bill, indicating growing alignment between the executive branch and regulatory agencies. However, the Senate Banking Committee has yet to announce a timeline for reviewing the legislation, and political maneuvering remains the largest uncertainty. Analysts note that if the committee completes its review before the summer recess, the bill’s chances of passage will rise substantially; otherwise, it faces the dual risks of electoral pressures and legislative delays.
Related news
Nasdaq-listed company AIxCrypto reports 50% unrealized loss on crypto holdings, announces orderly exit and transition to event robot rental
According to CryptoSlate, Nasdaq-listed company AIxCrypto Holdings announced plans to orderly sell all its crypto assets. As of June 30, the company held 46 BTC, 616 ETH, 6,659 SOL, 1,308 BNB, and small amounts of ADA, LINK, TRX, USDT, and XRP, with a total cost basis of $10.43 million, fair value of only $5.21 million, an unrealized loss of approximately $5.22 million, representing a drop of about 50% from cost. Meanwhile, the company's operating cash consumption in the first half of the year reached $7.94 million, with accumulated losses as high as $150.3 million, raising doubts about its ability to continue as a going concern. The company is shifting its business focus to its RoboShare robot rental platform and completed its first commercial order on August 15, deploying 6 robots at a Malibu event, but specific revenue and subsequent demand have not yet been disclosed.
GD Culture Holds 7,500 BTC with Floating Loss Exceeding $200 Million, 18-Fold Equity Dilution to Maintain Operations
According to CryptoSlate, Nasdaq-listed company GD Culture Group disclosed in its first-half 2026 financial report that the fair value of its 7,500 BTC holdings (original cost $842 million) declined to $451.2 million as of June 30, resulting in a $211.8 million non-cash unrealized loss, accounting for 97.9% of the company's net loss of $216.2 million for the first half of the year. Notably, the company did not sell its core BTC reserves but maintained liquidity through large-scale equity financing—after adjusting for a 1:250 reverse stock split, the number of outstanding shares surged from 229,000 at the beginning of the year to 4.1625 million, an 18-fold increase, with 99.65% issued for cash. The company raised approximately $47.5 million through ATM offerings and private placements combined, with working capital of $36.6 million as of June 30. Management stated that existing liquidity is sufficient to cover operating obligations for at least the next 12 months.
Empery Digital 7 月以来出售 1,635 枚 BTC，未受限持仓降至 325 枚
据 CryptoSlate 报道，比特币财库公司 Empery Digital 于 2026 年 7 月 1 日至 8 月 6 日期间累计出售 1,635 枚 BTC，套现约 1.022 亿美元，目前持仓降至 1,279 枚 BTC。其中 954 枚 BTC 已被质押为 3,500 万美元债务的抵押品，实际可自由动用的 BTC 仅剩 325 枚，较 6 月 30 日的 1,375 枚大幅缩水。 此外，该公司还面临一笔潜在的 6,210 万美元数据中心房产收购承诺，若交易落地将进一步压缩流动性。截至 6 月 30 日，Empery 账面现金（含受限现金）仅 370 万美元，营运资本缺口达 570 万美元。
Japan-based major Bitcoin mining pool SBI Crypto ceased operations on July 31
Odaily News: Japan-based major Bitcoin mining pool SBI Crypto has ceased its Bitcoin mining pool services as of July 31. Prior to the shutdown, its 7-day average hash rate dropped from 16.222 EH/s on June 30 to 5.817 EH/s on July 30, a decline of approximately 64% within a month.Meanwhile, data from Hashrate Index shows that on July 31, the three major mining pools—Foundry USA, AntPool, and F2Pool—collectively accounted for approximately 60.01% of Bitcoin's block share. Although SBI Crypto's hash rate saw a significant decline, public mining pool data cannot confirm which pool these hash rates ultimately migrated to. (CryptoSlate)
Winklevoss brothers donated $10.018 million in Bitcoin to the Trump Political Action Committee
According to CryptoSlate, U.S. Federal Election Commission documents show that Cameron Winklevoss and Tyler Winklevoss donated a total of Bitcoin worth $10.018 million to the pro-Trump super political action committee MAGA Inc. on June 19, 2026. Relevant records also show that this batch of Bitcoin was subsequently sold through Gemini; the appearance of the Gemini name in the documents does not mean Gemini made a separate donation.
Bitplanet Partners with Antalpha to Advance Bitcoin Mining, Testing the Feasibility of the "Mining-Based Reserves" Model
According to CryptoSlate, South Korean Bitcoin treasury company Bitplanet has signed a strategic memorandum of understanding with Nasdaq-listed company Antalpha and related partners, planning to introduce 15 billion KRW worth of Bitcoin mining equipment and launch full operations within the month. This move signifies that Bitplanet is shifting from a reserve model of simply purchasing Bitcoin through financing to continuously generating Bitcoin revenue through mining.