Author: James Wilson

CleanSpark has reported a $239 million quarterly loss as revenue fell 30.5% year over year, while its latest AI data center lease has added a long-term revenue stream outside Bitcoin mining. Summary CleanSpark reported a $239 million quarterly net loss as revenue fell 30.5% year over year. Quarterly revenue came in at $138 million, missing analysts’ estimates compiled by Yahoo Finance. The company signed a 20 year lease expected to generate $6.6 billion from its Georgia AI data center. CleanSpark continued expanding its AI infrastructure while maintaining its Bitcoin mining operations. According to CleanSpark’s fiscal third-quarter results published on Thursday,…

SkyBridge Capital founder Anthony Scaramucci said on Aug. 7 that crypto adoption may reach its most important stage when consumers use blockchain infrastructure without knowing it is there.  Summary Scaramucci says mainstream users will soon use crypto and blockchain technology without recognizing underlying infrastructure. Adjusted stablecoin transaction volume reached $10.2 trillion over twelve months, according to Visa-backed blockchain research. Federal Reserve researchers identified accelerating retail stablecoin adoption through digital wallet partnerships as 2025 developments. Tokenized stock transfers rose 105% monthly to $8.41 billion as blockchain-based equity infrastructure expanded rapidly. Scaramucci previously backed the CLARITY Act, calling compromise preferable to continued…

MARA Holdings reported weaker second-quarter 2026 financial results on Aug. 6. Revenue fell 27% year over year to $174.9 million, while the Nasdaq-listed company recorded a $611.3 million net loss and negative adjusted EBITDA of $360.9 million, according to its official presentation. Summary MARA’s Bitcoin holdings fell 29% year over year to 35,577 BTC at June quarter-end 2026. Q2 revenue fell 27% to $174.9 million while net losses widened sharply to $611.3 million. Bitcoin production increased 3% to 2,422 BTC as energized hashrate reached 70.3 EH/s during Q2. MARA sold 2,213 BTC during Q2 after selling 20,880 BTC in the…

Thailand’s five-year crypto tax exemption has returned to the spotlight after Binance founder Changpeng Zhao drew fresh attention to the policy this week, prompting new claims that the country has become a “0% crypto tax haven.”  Summary Thailand exempts qualifying individual crypto gains through 2029 when transactions use locally licensed asset operators. Ministerial Regulation No. 399 became law in September 2025 but applies retroactively from January 2025. Unlicensed offshore exchanges, staking rewards, mining income and corporate profits are not automatically tax exempt. Thailand’s SEC continues tightening local oversight while developing crypto ETFs, derivatives and custody infrastructure nationwide. Americans abroad generally…

Upbit will add Block Street (BSB) to its Korean won, Bitcoin and USDT markets on Aug. 7, giving the token three new spot pairs in South Korea.  Summary Upbit will open Block Street trading across KRW, BTC and USDT markets on August 7. BSB deposits and withdrawals will use Ethereum, with other networks unsupported for Upbit transfers initially. Upbit will restrict buy orders for five minutes and non-limit orders for roughly two hours. Block Street says BSB supports governance, staking and incentives across its tokenized asset infrastructure ecosystem. Block Street documentation fixes BSB supply at one billion tokens across Ethereum…

Telegram trading bots let users buy and sell tokens directly from a chat interface. This guide explains how they work, which bots dominate the market, and what risks come with handing a bot your private key. Summary Telegram trading bots are automated tools that connect to decentralized exchanges through the Telegram messaging app, letting users swap tokens, snipe new listings, and set limit orders without using a traditional wallet interface The leading bots by volume include Banana Gun, Maestro, Unibot, BONKbot, and Trojan, each handling hundreds of millions of dollars in weekly trading volume across Ethereum, Solana, and Base These…

Rarible has launched its NFT marketplace on Solana after months of development, naming Claynosaurz as its first featured collection. Summary Rarible is now live on Solana following several months of building and testing. Claynosaurz became the marketplace’s first featured Solana NFT collection. Rarible plans to add more Solana collections and marketplace features in the coming weeks. The expansion comes as EU lawmakers consider clearer rules for NFTs and other crypto sectors. Rarible expands its marketplace to Solana Rarible announced the launch on Thursday, marking its latest expansion beyond the blockchain networks already supported by its NFT marketplace. We have a…

Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin traded at $64,384, down 0.69% after failing to close above $65,000. Initial U.S. jobless claims reached 199,000, below economists’ forecast of 204,000. BTC found immediate support near $64,000, while $64,800–$65,000 remains resistance. Further evidence of labor market strength could affect Federal Reserve rate expectations. Bitcoin price rejected near $65,000 According to data from crypto.news, Bitcoin (BTC) price traded at $64,384.27 at press time, marking a 0.69% decline over the previous 24 hours. The pullback followed…

Canaan has authorized management to sell part of its Bitcoin and Ethereum holdings to finance share repurchases under an existing $30 million program. Summary Canaan’s crypto treasury was worth about $130 million as of Aug. 3. The miner held 1,915 BTC and 3,952 ETH at the end of June. Canaan had spent $2 million on buybacks as of May 19. Its Nasdaq-listed shares must regain the $1 minimum bid price by Jan. 11, 2027. Canaan opens crypto treasury to fund buybacks Nasdaq-listed Bitcoin miner Canaan has authorized management to monetize part of its digital asset treasury and use the proceeds…

Michael Saylor said ChatGPT helped him design the preferred stock financing model that enabled Strategy to raise about $15 billion for its Bitcoin-focused balance sheet. Summary Saylor credited ChatGPT with helping develop Strategy’s preferred stock financing structure. Strategy raised about $15 billion through the securities and related capital-market activity. The company reported holding 842,138 BTC as of Aug. 2 after selling 1,638 BTC. Saylor said workers should use AI to extend their abilities rather than compete with automation. ChatGPT helped shape Strategy’s financing plan Strategy Executive Chairman Michael Saylor said he used ChatGPT to explore and develop a preferred stock…