Research
Earnings
Gaming firm GameSquare boasts a $26M Ethereum fortune, but quiet debt fine print leaves just $2.1M in real cash
In its Aug. 12 earnings exhibit, GameSquare did not disclose how much ETH was pledged or update the March 31 rollover terms.
DeFi
Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts
The company retired $3.5 million of principal for $2.3 million while issuing about 478,000 shares to fund operating costs.
Earnings
BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it
Direct costs absorbed 99.83% of segment revenue while adjusted EBITDA stayed negative and management targeted $15 million in savings.
Research
Study finds 65,340 risky crypto addresses tied to $574 million in losses
Two newly described vectors account for about $15.7 million, while the larger estimate covers the full detected misuse corpus.
ETF
BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options
The fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates.
Digital Asset Treasuries
Cypherpunk secures a $46M Zcash gain and turns a $4.7M operating loss into $39.4M profit
The Zcash treasury company had $7.6 million in cash as its biotech subsidiary began seeking resources for Phase 3.
Mining
Bitcoin miner HIVE’s $79M quarter runs into an $80M Swedish tax problem
Preliminary revenue reached about $79 million, yet HIVE cannot quantify the possible noncash accrual or its expected losses.
Stablecoins
Russia picks Bitcoin, Ethereum and USDT for public trading as retail faces $58,000 cap
The Bank of Russia’s proposed gate caps non-qualified residents at ₽300,000 per broker, with only Bitcoin, Ethereum, and USDT eligible.
Digital Asset Treasuries
After selling 832 BTC to clear debt, this Nasdaq-listed crypto firm is using a 1-for-50 reverse split to mask its shrinking treasury
The proposed reverse split can address the $1 bid-price rule, but it cannot replace operating cash.
Deals
As retail crypto trades collapse 73%, eToro drops $231 million to capture active US stock traders
July crypto trades fell to 1.4 million and average ticket size halved, while quarterly profit rose and eToro agreed a deal to add active US stock trading.
Hacks
Harmony weighs a full blockchain rollback after unauthorized minting floods exchanges with billions in ONE
A math flaw let attackers mint 4 billion ONE out of thin air - and 2.8 billion already reached exchanges
Staking
TON Strategy earned $15 million staking Gram while operations burned $10.6 million in cash
Fair-value gains supplied 99.1% of Q2 pre-tax profit as continuing operations used $10.6 million of cash in the first half.