Gemini reported a $282.5M loss in H1 2025, up from $41.4M in 2024, per its S-1 filing for a Nasdaq IPO (GEMI). Adjusted EBITDA also swung to a $113.5M loss. Gemini has a potential $75M-$150M credit line with Ripple (undrawn), payable in RLUSD. (TheBlock)
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All the necessary news about blockchain and crypto market
DeFi Development has purchased 110,000 SOL for approximately $22 million, averaging $201.68 per SOL. As of August 14, 2025, the company’s balance sheet reflects holdings of roughly 1,420,173 SOL and SOL-equivalent assets, valued at approximately $273 million.
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Mantle Network updates! 🎉 Bybit’s Helen & Emily join as core contributors, with a focus on Real World Asset (RWA) infrastructure. Bybit will integrate $MNT for fees, VIP access, Launchpool & more. Token burn possible via DAO vote. Monthly AMAs coming! 🚀
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BitFuFu reports strong Q2 2025 results! Revenue jumped 47.9% to $115.4M, driven by $94.3M in cloud mining services. Net profit: $47.1M. Cash & digital assets up 25.8% YOY to $211.4M. Holding 1,792 Bitcoin. #Bitcoin #mining #BitFuFu
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OKEx has burned 279 million OKB tokens, reducing the total supply to 21 million, according to data from Etherscan. The tokens were officially transferred to a null address – a crypto “black hole” – at 2:00 PM UTC+8 today. The buy-back and burn was executed via the OKB Buy-Back and Burn wallet.
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Yesterday (August 14th, US Eastern Time), Ethereum spot ETFs saw a total net inflow of $640 million, according to data from SoSoValue. BlackRock’s ETHA ETF led inflows with $520 million, bringing its total historical net inflow to $11.827 billion.
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Bit Digital reported $14.9M in Q2 2025 profit & $91.2M in total digital assets. Sold all Bitcoin, now focused on Ethereum – holding >121K ETH (~$512M), with >105K ETH staked. #crypto #ethereum #bitdigital
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TeraWulf & Fluidstack partner for $3.7B AI infrastructure deal at Lake Mariner data center in NY. Google backs the 10-yr agreement with up to $1.8B in guarantees & will take ~8% equity in TeraWulf. ⚡️💻
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Sonic Labs' Andre Cronje launches a funding round for Flying Tulip, a high-performance, on-chain exchange using synthetic pools & staked asset yields. Funds go to yield strategies, expansion & buybacks. Tokens have perpetual redemption rights (BTC, ETH, SOL, USDC & more)!
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BNB Network Company (BNC) is boosting its BNB holdings, acquiring another 88,888 BNB after a previous 200k purchase! BNC, backed by CEA Industries, aims to hold 1% of the total BNB supply by end of 2025 via on-chain yield strategies. #BNB #crypto
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SynFutures’ Builders Program is live! 🎉 First project, Monday Trade, launched on Monad offering spot trading (perps coming soon!). Partners share revenue with SynFutures, used for $F token buybacks. 🚀 #DeFi #SynFutures #Monad
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Yellen: US won't buy crypto reserves, will use seized assets instead. Bitcoin holdings ~$15-20B & sales have stopped. Gold reserve reassessment unlikely. Possible initial 25 bps interest rate cut, with further easing expected.
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Bitcoin & Ethereum plunged >4% Wednesday after an intraday surge, triggering over $1B in liquidations across the crypto market, per Coinglass. $782M were long positions, impacting 219.5K users. Largest single liquidation: $10M on Bybit (BTCUSD). #BTC #ETH #crypto
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🚨 $48M in crypto drained from Turkish exchange BtcTurk across Ethereum, Avalanche, Arbitrum & other chains, per Cyvers/Wu Blockchain. Attacker converting funds to 2 addresses. Incident began ~1.5 hrs ago. #crypto #hack #btcturk
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BtcTurk Kripto has temporarily halted crypto deposits & withdrawals due to a hot wallet technical issue. Trading & TRY deposits/withdrawals are unaffected. Restoration timeframe is currently unknown. #crypto #BtcTurk
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According to data from beaconchain, the amount of ETH in the Ethereum validator exit queue has increased to 699,600 ETH, currently valued at approximately $3.29 billion. The estimated time for these withdrawals to be processed is 12 days and 4 hours.
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Coolpad Group is exploring tokenizing its real estate assets! 🏘️ Plan includes a feasibility study (ending Q4 2025), partner selection (Q1 2026), & testing (Q2-Q3 2026). Full regulatory compliance is key. #tokenization #realestate #blockchain
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富途证券国际(香港)宣布上线 Solana(SOL)零售交易服务,允许符合条件的香港零售及专业投资者通过富途牛牛 App 交易 SOL。此外,平台还提供 SOL CME 期货及 SOL ETF 等相关产品。此前,OSL 也已推出 SOL 零售交易服务。
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Norway’s $1.4T sovereign wealth fund increased its indirect Bitcoin exposure by 192% last year, now holding 7,161 BTC via investments in firms like Strategy, Metaplanet & Coinbase, per K33 Research & TheBlock.
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TRON’s Justin Sun is suing Bloomberg, alleging they plan to reveal specifics of his crypto holdings (token types & amounts) despite a confidentiality agreement. Sun claims this poses security risks & seeks to block the disclosure. (via cryptonews)
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