befla – Page 59 – BEFLA

BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash

2026-08-21, 7:24 AM by befla

Nasdaq-listed Ethereum infrastructure company BTCS swapped ETH into USDT to pay down Aave loans in the second quarter and ended June 30 with $317,113 in cash and stablecoins. It also held about $88.1 million in other current digital-asset categories, making the issue less a lack of assets than how much of the balance sheet was … Read more

MAYAChain’s $1.36 million exploit spiraled into nearly $11 million of pool damage

2026-08-20, 9:25 PM by befla

MAYAChain’s attacker moved about $1.36 million in hard assets to external chains, while the estimated impact across the network’s liquidity pools approached $11 million. The $1.36 million figure tracks assets that left the system, including roughly 20.83 BTC. The larger estimate captures a cascade inside the pools: false accounting created a huge CACAO balance, that … Read more

SEC faces Aug. 20 deadline to unlock $123 million recovery fund for Terra investors

2026-08-20, 7:24 PM by befla

The US Securities and Exchange Commission (SEC) faces an Aug. 20 deadline to submit a plan for distributing a $123.1 million fund paid by Jump Crypto subsidiary Tai Mo Shan to investors harmed by Terra’s 2022 collapse. The proposal is expected to determine who qualifies for compensation, how losses will be calculated, whether investors must … Read more

FBI gets alleged $165 million crypto Ponzi scheme mastermind back after year-long Fiji escape

2026-08-20, 6:25 PM by befla

Edward Zimbardi has been returned to the US after being deported from Fiji, putting the alleged mastermind of a $165 million crypto investment scheme back within reach of federal prosecutors. A federal grand jury in Georgia indicted Zimbardi on July 8 on 12 counts of wire fraud, 12 counts of money laundering, and one count … Read more

Nearly 1 in 5 crypto spot trades now happen on DEXs as centralized exchange volume collapses

2026-08-20, 3:24 PM by befla

Centralized crypto exchanges lost 31.2% of their spot crypto trading volume in July, falling to $727 billion and marking the lowest monthly total since October 2023. Decentralized exchanges also lost volume, but only 9.82%, settling at $176 billion. That gap pushed DEXs to a record 19.5% share of combined spot volume. Venue type July spot … Read more

Trump wants the US to become a Bitcoin whale, but Congress controls the wallet

2026-08-20, 12:24 PM by befla

President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrencies. Current law gives his administration several ways to increase federal crypto holdings, though no public authority gives Treasury a funded program for multibillion-dollar open-market purchases. For Bitcoin, Trump’s 2025 executive order already directs Treasury and … Read more

Bitcoin treasury Hyperscale sells 686 BTC to clear loans but says cash won’t cover next 12 months

2026-08-20, 4:25 AM by befla

In August 2026, Hyperscale Data sold approximately 686 Bitcoin for about $43.4 million, then used part of the proceeds to repay all of its Bitcoin-backed loans on Morpho, a decentralized lending protocol, according to its quarterly filing. The repayment released the pledged collateral and left the company with no outstanding Morpho borrowings, removing the immediate … Read more

Hashdex liquidates $14.7 million Bitcoin ETF as IBIT draws $143.6 million

2026-08-19, 9:24 PM by befla

Hashdex’s $14.7 million Bitcoin ETF is in liquidation after trading and creation orders ended, leaving remaining shareholders waiting for a cash payout rather than an exchange exit. The asset manager announced the closure on Aug. 3. The Hashdex Bitcoin ETF, known by its DEFI ticker, completed its last day of NYSE Arca trading on Aug. … Read more

SEC opens door to day-one crypto insider sales that Senate draft would block

2026-08-19, 12:25 PM by befla

The SEC’s new crypto fundraising proposal deliberately treats tokens as free to trade as soon as a buyer acquires them, unless the issuer or another law says otherwise. Insiders typically know more than the public while a token project is still being built, and their incentives do not always line up with everyone else’s. The … Read more

This Solana treasury company may sell SOL as a DeFi loan ties up more than half its treasury

2026-08-19, 11:25 AM by befla

SOL Strategies may sell part of its Solana treasury to meet obligations, as much of its holdings remain pledged against debt. According to an SEC filing, the company said it had C$1.87 million in cash as of June 30 and that roughly C$22 million of digital assets were unencumbered and available for conversion into fiat. … Read more