Digital Asset Treasuries
Expertise
Liam 'Akiba' Wright Recent Articles
Analysis
Inside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount
The uncollateralized receivable runs to 2028, while an Aug. 6 sensitivity puts market value 24.5% below company-calculated NAV.
Mining
Bitcoin has 185 blocks left before BIP-110 rules begin rejecting blocks
Bitcoin's BIP-110 enforcement starts at height 961,632, with adoption still waiting on hashpower and economic support.
Exchanges
Coinbase is pulling Loopring trading today – finding a safe place to sell LRC tokens is getting complicated
At 10:47 a.m. ET, LRC-USD was still limit-only while 74% of displayed volume sat on four outside venues.
Payments
If you use a Cypher or Osmosis card, your spending dies tonight and unbacked wallets could go with it
The Cypher wind-down makes Aug. 7 the final spending day; cardholders should complete withdrawals, reward claims and wallet-access steps before Sept. 6.
Mining
MARA sold almost all its mined Bitcoin, then pledged 18,750 BTC for an AI dream with no disclosed safety net
The miner sold 2,213 BTC and later pledged 18,750 BTC, while the differently dated collateral pools cannot be reconciled.
Earnings
A $433 million Bitcoin accounting crash just exposed the high-stakes gap in CleanSpark’s massive AI transition
Bitcoin valuation changes represented 87% of the profit-to-loss swing, while Sandersville still needs substantial capital.
Mining
American Bitcoin built an 8,002 BTC reserve, but nearly 40% of it is quietly tied up with Bitmain
Mining supplied roughly 95% of Q2 reserve growth, while first-half operations and Bitcoin purchases used $129.1 million in cash.
Market
Bitcoin holds $64,000 as private hiring drops 53% before today’s macro test that could break support
ADP private-job growth fell to 44,000 from 95,000, but wages and yields resist a simple relief trade.
AI
Inside the race to create AI telepathy – and why an OpenAI researcher just staked her career on it
Former OpenAI researcher joins Conduit to turn neural data into AI prompts, though free-form performance remains unpublished.
Exchanges
Ethereum volume plunged 73% on Bullish, but a 72% spread jump saved its monthly bottom line
Bullish's filing-derived volume-times-spread proxy slipped 1.6% year over year and 38.3% from June despite the wider company-defined spread.
Privacy
Searching a Bitcoin wallet online could secretly hand your IP address to Chainalysis
Bitcoin tool WalletExplorer logs IPs and URLs within Chainalysis, while other major explorers follow different retention and access rules.
ETF
SEC filings show a $17.4 billion BlackRock crypto reversal as mystery investors redeem 106,000 BTC
BlackRock’s crypto ETFs moved from a $13.9 billion Q2 increase to a $3.5 billion decrease, while positive August sessions remain inconclusive.
