
BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification
You own the coins and collect the yield, but Wall Street’s hidden validators now control the real power.
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Most of Hut 8's balance is dedicated to project construction and debt service, while quarterly interest expense reached $51.2 million.

Cipher sold 1,619 BTC at a $47.7 million realized loss in the first half, while its new rent ramp remains undisclosed.

Canaan authorization allows asset sales but reports no transaction, leaving current buyback capacity and available liquidity unresolved.

The company parked $76 billion in money funds and government securities while AI spending exploded but its 18,712 BTC balance stayed flat.

A Bitcoin breakout above $69,000 could open a thinner supply zone toward $84,000, but Friday’s jobs report and weak ETF demand may decide whether the move holds.

New tracker logs 109 records of crypto project shutdowns, wind-downs, and inactivity as banks build controlled blockchain rails.



