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 News – Grayscale withdrew three ETF registration applications for Cardano (ADA), Hedera (HBAR), and Polkadot (DOT) in succession on August 7, with the three withdrawal filings submitted approximately 190 seconds apart.All three withdrawal filings indicate that Grayscale no longer plans to proceed with the issuance of shares for the related ETFs. The filings also note that the registration statements had not yet taken effect, no securities were issued or sold, and no preliminary prospectus was published. These withdrawals do not represent rejections by the SEC of the related ETF applications, and the filings do not disclose the reasons behind them.As of August 8, Grayscale's altcoin ETF applications for Bittensor, Aave, BNB, NEAR, and Zcash remain in the preliminary stage. Previously, Grayscale's Avalanche Staking ETF and Hyperliquid Staking ETF registration statements took effect in March and June of this year, respectively. However, the effectiveness of a registration statement does not mean the product has begun trading. (cryptoslate)
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 – Hyperliquid's RWA perpetual contract trading is growing rapidly, yet platform revenue continues to decline, creating a divergence of "record-high trading volume versus shrinking retained revenue." Data shows that Hyperliquid's open interest climbed to approximately $11 billion on July 13, hitting a new high for 2026, with perpetual contract trading volume over the past 30 days nearing $178 billion, and its share of global perpetual open interest rising to around 9%. Meanwhile, Hyperliquid's protocol revenue has declined for four consecutive quarters, dropping from roughly $357 million in Q3 2025 to about $202 million in Q2 2026, down approximately 43% from its peak.Analysts attribute this primarily to the HIP-3 mechanism, which allows external developers staking 500,000 HYPE to create their own perpetual markets and earn up to 50% of trading fees. In early 2026, developer-deployed markets accounted for only about 2% of Hyperliquid's perpetual trading volume; that figure has now risen to roughly half, meaning an increasing share of trading revenue is being distributed to external developers.Since approximately 97% of Hyperliquid's trading fees are used to buy back HYPE, the decline in platform revenue directly translates to shrinking buyback scale. As of Friday, HYPE was trading at around $55, down about 28% from its all-time high of roughly $77 on June 16. Meanwhile, core contributors unlocked nearly 10 million HYPE on August 6, valued at approximately $550 million at then-prevailing prices, with subsequent unlock schedules continuing through 2027.Overall, Hyperliquid's trading activity is still growing rapidly, but the revenue diversion caused by HIP-3 is weakening the platform's own earnings growth and HYPE buyback support. The boom in its RWA business has yet to fully translate into earnings growth for HYPE holders. (CoinDesk)
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 News: "AI stock guru" Leopold Aschenbrenner has shared wedding photos on X after a nearly one-year silence.Previously reported, Leopold Aschenbrenner's Situational Awareness fund gained 439% cumulatively before June 2026, but suffered heavy losses during the July AI sector sell-off. Prior to his wedding, he sold most of the fund's equity portfolio to Citadel, the investment firm owned by Ken Griffin.
Odaily News: Tether's Q2 net operating profit was $1.5 billion, primarily derived from interest generated by its U.S. Treasury holdings and repurchase agreements. As of June 30, Tether's reserve buffer stood at $4.11 billion, with assets exceeding liabilities by the same amount. USDT's circulating supply increased by $446 million to $184.6 billion, accounting for over 60% of the global stablecoin market. DeFiLlama data shows the global stablecoin market size is approximately $307 billion, with Tether remaining one of the major holders of U.S. Treasury securities. Asset management firm BlackRock has launched two tokenized money market products aimed at stablecoin issuers to help meet reserve requirements under the U.S. GENIUS Act. One of the funds tokenizes shares of its existing Treasury liquidity strategy on Ethereum, while the other is an institutional-grade money market instrument designed to support multiple chains and automatically reinvest returns.
Odaily News: Bitcoin mining company and mining service provider BitFuFu has released its unaudited Bitcoin production and operational data update for July 2026. The company stated that during July, it strategically acquired additional future hash rate resources by selling a portion of its Bitcoin holdings, with this hash rate expected to come online in August. Combined with the hash rate resources acquired in June, BitFuFu anticipates its managed hash rate will recover to approximately 20 EH/s by mid-August.Additionally, BitFuFu's Bitcoin production in July totaled 112 BTC (40 from cloud mining and 72 from self-operated mining), with an average daily production of 3.6 BTC, both down month-over-month. Its Bitcoin holdings decreased from 1,671 BTC in June to 1,314 BTC. (WSJ)
Odaily Odaily News: AI personal assistant startup Pally has announced the completion of a $5.2 million funding round, led by Cyber Fund and Y Combinator, with participation from Pioneer Fund, Founders Inc, 468 Capital, and angel investors. The company is valued at $30 million and primarily provides AI personal assistant services through an SMS interface. Pally was launched in 2025, with its latest version released in June, and can sync with platforms such as Gmail, Outlook, Slack, Granola, and Notion. After user authorization, Pally can book flights, manage inboxes, reply to messages, and reserve restaurant tables. Pally uses Anthropic's Claude, OpenAI's ChatGPT, as well as open-source models such as Kimi K3 and GLM 5.2. Co-founder Haz Hubble stated that the company will not sell user data or use related data to train models. (Business Insider)
Odaily News: AI research startup Mirendil has entered into a multi-year partnership agreement with Google Cloud to secure large-scale computing resources in support of its "Self-Improving AI" research and development. Under the agreement, Mirendil will gain access to TPU and NVIDIA GPU computing resources provided by Google Cloud, as well as managed AI training clusters, to develop AI systems capable of continuously optimizing their own capabilities. It is reported that Mirendil is focused on advancing "Recursive Self-Improvement" AI, in which AI systems enhance their own performance through iterative refinement, self-learning, and optimization. This direction is also a research area of interest among some of the top AI laboratories today.Benham Neyshabur, co-founder and CEO of Mirendil, revealed that the total value of the agreement exceeds $100 million, roughly equivalent to half of the $1 billion valuation seed funding round the company completed at the end of June. (TechCrunch)
According to the official page, Robinhood-owned CEX Bitstamp has just listed CASHCAT, a meme coin on the Robinhood chain. As of press time, CASHCAT is trading at $0.1123 on Bitstamp, while GMGN data shows CASHCAT is currently at $0.132 on-chain, up 48% in the past 24 hours. An official detailed announcement post from Bitstamp has not yet been seen, but the page indicates that trading functionality is already live. In early June, Robinhood announced the completion of its $200 million cash acquisition of Luxembourg-based cryptocurrency exchange Bitstamp.
Odaily News: U.S. Senator Elizabeth Warren has asked the U.S. Department of Commerce to explain its policy toward the UAE, following the U.S. granting the UAE greater access to AI chip exports after UAE-linked entities invested in Trump-family-backed crypto project World Liberty Financial. In a letter to Commerce Secretary Howard Lutnick, it was mentioned that an Abu Dhabi entity invested $500 million in World Liberty Financial in January; another UAE-affiliated company used World Liberty's USD1 stablecoin to complete a $2 billion investment in crypto exchange Binance. The U.S. Department of Commerce previously reclassified the UAE as Country Group A:5, granting it greater access to license-free exports, including advanced chips. The department also stated it would "actively review" license applications involving exports of chips and servers to MGX, the UAE entity that completed the $2 billion Binance investment. Warren stated that the Commerce Department's actions raise significant questions about whether the president's crypto business interests could influence agency operations and national security. In June, several senators, including Warren, had already requested a hearing regarding the $500 million World Liberty Financial deal.
Western Union has partnered with stablecoin infrastructure provider Rain to launch Stablecard, a digital wallet and Visa-branded card that enables users to hold and spend US dollar-pegged stablecoins. The product is now available in 37 markets, with Western Union planning to expand to more than 60 markets by the end of this year. Stablecard supports USDPT, a US dollar-pegged stablecoin issued by Anchorage Digital Bank and running on the Solana blockchain. Users can directly receive Western Union remittances and transfer funds to compatible crypto wallets and exchanges. Users can also spend their balances at all Visa-accepting merchants, as well as through Apple Pay and Google Pay. Western Union also unveiled USDPT in May and expanded its ecosystem through exchange partnerships in June.
Galaxy Digital released its financial report for the second quarter of 2026, with a net loss of $85.31 million, significantly narrowed from $216.3 million in the first quarter; adjusted EBITDA loss was $77.26 million. As of June 30, the company's total equity was $2.72 billion, and cash and stablecoin holdings were $2.459 billion.
Odaily News: Apple has limited the number of vulnerability reports a single researcher can submit at one time because its security team has received a large number of submissions generated by AI, many of which do not actually contain real flaws. Apple stated that researchers can request a higher limit at any time, and the company is also using AI internally to triage submissions.Bynario, a Milan-based cybersecurity startup, said it used OpenAI's ChatGPT to discover more than 50 vulnerabilities in the latest version of macOS within three weeks, including a privilege escalation chain that could give attackers full control of a Mac device.Bynario stated that it was unable to report this vulnerability because Apple had already rejected further submissions. Bynario CEO Alfredo Pesoli estimated the vulnerability's value on the criminal market at $100,000 to $200,000. Apple said it has reached out to the company and reviewed its work. In June, Apple added a submission cap and a 30-day cooldown period to its security portal. In a recent security update, Apple listed vulnerabilities discovered with the assistance of Anthropic and OpenAI software, with the number of fixes approximately five times that of a normal cycle. (Decrypt)
: Evan Cheng, co-founder of Mysten Labs, the development entity behind Sui, stated that within the next four years, the scale of digital payments carried by Sui will be comparable to the combined scale of traditional internet bank card networks and bank payment rails. Mysten Labs was founded in 2021 by engineers who previously worked on Meta's discontinued Diem blockchain and the Move programming language. Cheng positions Sui as settlement infrastructure for stablecoins, remittances, and agent-to-agent commerce between AI systems. Since June 10, when Mysten Labs removed gas fees for stablecoin transfers at the protocol level, Sui has processed over $65 billion in stablecoin transfers. Since the beginning of 2024, Sui's cumulative stablecoin transaction volume has reached $2.27 trillion. Sui's Hashi testnet went live on July 22, allowing Bitcoin to be used as collateral for decentralized finance loans on Sui without being wrapped as a synthetic token. The bridge was built by Mysten Labs and the Sui Foundation in collaboration with more than 20 participating institutions.
Odaily News: Tether Gold (XAU₮) investor holdings grew 9.5% in Q2. As of 23:59 UTC on June 30, 2026, 612,823.66 XAU₮ tokens had been sold, an increase of 53,225.02 tokens from the end of Q1, corresponding to an additional 1.66 tonnes of ownership in the physical gold reserves already held. As of the end of Q2, XAU₮ physical gold reserves stood at 707,747.139 troy ounces, approximately 22.01 tonnes, with a total market value of approximately $2.837 billion. Each XAU₮ is backed 1:1 by at least one troy ounce of physical gold. The reserves include 1,759 London Good Delivery gold bars and smaller bars, all stored in Switzerland. Tether CEO Paolo Ardoino stated that while gold experienced its largest quarterly pullback in 13 years during Q2, investors continued to increase their XAU₮ holdings. Tether International SA de CV purchased approximately 27.1 tonnes of gold in the first half of the year through June 2026, averaging 4.5 tonnes per month.
According to TechCrunch, AI startup June has officially announced its emergence from stealth mode, completing a $20 million pre-seed financing round led by Marc Benioff's Time Ventures, with participation from tech industry notables including Michael Dell, Aaron Levie, and George Kurtz. June was co-founded by former Salesforce executive Efrat Rapoport and three co-founders; the team previously founded speech-to-text company Bonobo AI, which was acquired by Salesforce in 2019. June's core product automatically scans existing enterprise systems, identifies business process bottlenecks, and generates a complete roadmap for the step-by-step deployment of AI Agents, helping enterprises achieve AI implementation in complex legacy system environments such as Salesforce, ServiceNow, and Workday, without relying on high-cost Frontline Deployment Engineers (FDE).