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Trump Media’s 14,139 Bitcoin stash faces options exposure and a looming $1 billion debt test

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Trump Media’s 14,139 Bitcoin stash faces options exposure and a looming $1 billion debt test
Trump Media’s second-quarter results have drawn attention for a $238.1 million loss and a Bitcoin treasury that expanded to 14,139 BTC despite the crypto market downturn. According to the SEC filing, the Truth Social parent company lost $644 million during the first half of 2026, including $360.6 million from digital assets and pledged digital assets … Read more

This spot Bitcoin ETF only logged six inflow days ever – now investors have until August 17 before forced cash liquidation

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This spot Bitcoin ETF only logged six inflow days ever – now investors have until August 17 before forced cash liquidation
Hashdex will stop trading its DEFI Bitcoin ETF after the Aug. 17 close, giving investors a final window to exit before the fund is liquidated. According to an SEC filing, investors who remain after trading ends will receive cash from the liquidation of its Bitcoin holdings by Aug. 28. The eventual payout will reflect the … Read more

Friday’s SEC vote could unlock $75 million crypto raises – or trap token issuers in unexpected legal fine print

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Friday’s SEC vote could unlock $75 million crypto raises – or trap token issuers in unexpected legal fine print
The U.S. Securities and Exchange Commission will vote Friday on whether to authorize proposed crypto fundraising rules that could give some token projects a tailored route to raise capital without full securities registration. If approved, the proposal would open for public comment when released. It would not give issuers an exemption they could use immediately. … Read more

The UK now ranks 3rd in global Bitcoin adoption, but court rules mean it can’t keep its 60,000 BTC as a reserve

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The UK now ranks 3rd in global Bitcoin adoption, but court rules mean it can’t keep its 60,000 BTC as a reserve
The JAN3 Bitcoin index placed the United Kingdom third in its 2025 B20 after weighing policy advances and more than 60,000 BTC in law-enforcement custody. UK records classify the coins as seized criminal property subject to court proceedings. A March 2026 Treasury answer said central government held no cryptoassets. JAN3 promoted the UK result this … Read more

Cardano finally cleared the SEC shortcut for a spot ETF, but its last remaining sponsor quit two days too early

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Cardano finally cleared the SEC shortcut for a spot ETF, but its last remaining sponsor quit two days too early
Grayscale withdrew its registration for the Cardano Trust ETF on Aug. 7, telling the SEC only that it “does not intend to proceed with the planned distribution.” The move was voluntary and came along with parallel registrations for Hedera and Polkadot, within about three minutes of each other that same afternoon. Two days later, ADA … Read more

Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin

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Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin
BitMEX recorded 39,449,400 XBTUSD contracts of open interest at 01:55 UTC on Aug. 10 as the exchange approached a two-stage shutdown. BitMEX will block new positions on Aug. 26 and force-close anything still open when exchange services end on Sept. 23. XBTUSD is an inverse Bitcoin perpetual whose contracts do not expire during normal trading. … Read more

Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders

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Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
Grayscale has formalized a mandatory minimum cadence for converting staking rewards from three crypto exchange-traded products into cash and paying the net proceeds to shareholders. Trust amendments executed Aug. 6 for the Grayscale Ethereum Staking ETF (ETHE), Grayscale Solana Staking ETF (GSOL) and Grayscale Avalanche Staking ETF (GAVA) require each product to reduce “Staking Consideration” … Read more

Decentralization was the beginning. Call it onchain finance

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Decentralization was the beginning. Call it onchain finance
The following is a guest post and opinion piece by Andre Cronje, Founder and CEO of Flying Tulip. Decentralization was the starting point for DeFi. But it is no longer the complete operating model for most protocols, and our language should evolve with the industry. This is not an argument against decentralization. It is an … Read more