Bitcoin treasury company Strategy reported a loss of $8.22 billion for the second quarter of 2026 thanks to the falling price of the leading cryptocurrency. In its quarterly report, Nasdaq-listed Strategy (MSTR) — formerly MicroStrategy — put the loss down to the Bitcoin price crash, even as the company continued raising capital, buying more Bitcoin
The state is seeking at least $36 billion in damages from the prediction market platform it calls an unlicensed gambling operation, and has filed for a temporary restraining order to halt its contracts immediately. Summary New York Attorney General Letitia James and Governor Kathy Hochul sued KalshiEX on July 31, 2026, in New York Supreme
Been a while, I know, but then these are rather busy days. I’m writing this from a Starbucks in Shanghai sitting behind the Great Firewall, able to peep out only occasionally. I’ve been in Asia with Marek for the last couple of weeks, mainly for meetups, workshops and technical meetings. During this time, we’ve seen
A year after going live, Performa added a non-custodial layer, fiat settlement and faster self-service onboarding to its finance operations platform, as well as a wider pricing model for businesses operating across digital assets and fiat currencies. This step contributes to Performa’s mission to provide businesses with an accessible all-in-one platform for digital assets and
Quantum Solutions and Hyperscale Data each redirected part of their crypto treasuries toward AI data centers on July 30. Summary 1,000 ETH sale raised $1.9 million for Quantum Solutions’ Japanese AI data center expansion plans. 100 BTC were monetized as Hyperscale Data established a Bitcoin-backed credit facility for Michigan construction. 4,375 ETH sale ceiling leaves
When I started evangelizing bitcoin and blockchain tech back in 2012 my Dad was a hard sell. There was the common skepticism and typical counters of “what’s backing it?”, “what can be done with it?” and “what the heck is cryptography?” Back then my pitch wasn’t refined and the learning tools had just not quite
Artificial intelligence and web3 coming together in a major paradigm shift sounds like something from a futuristic vision or concept. The early phases of the blockchain landscape were all about decentralized finance and digital ownership. However, the introduction of AI agents in web3 will add a programmable and self-sovereign intelligence layer to the blockchain ecosystem.
New York has sued Kalshi, seeking to block its prediction markets and recover at least $36 billion in penalties and restitution over alleged violations of the state’s gambling laws. Summary New York has sued Kalshi, seeking to block its prediction markets and recover at least $36 billion in penalties and restitution. State officials alleged Kalshi
Our view on bitcoin is cautious heading into Thursday’s, May 29, Personal Consumption Expenditures (PCE) report for April. Spot price has stabilised within a tight $74,000-$80,000 channel following the $766 million liquidation on Saturday, May 23 and the underlying market structure looks to have deteriorated rather than achieved a healthy reset. Since 15 May, futures open
One of the important issues that has been brought up over the course of the Olympic stress-net release is the large amount of data that clients are required to store; over little more than three months of operation, and particularly during the last month, the amount of data in each Ethereum client’s blockchain folder has
