Regulation
Analysis
Bitwise pitched a diversified 10-crypto fund, then lost $500 million as Bitcoin swallowed 78% of the portfolio
Market losses and net redemptions cut the fund to $532.8 million while Bitcoin’s portfolio share rose to 77.81%.
Exchanges
Traders holding $39.5 million in BitMEX Bitcoin perps have 16 days to exit before forced closures begin
New positions stop Aug. 26, while contracts left open face a wind-down that ends in forced closure Sept. 23.
Deals
Bakkt promised a $44 trillion payment revolution, but its key acquisition made just €5,315
The 2025 statements recorded €5,315 in other income and €373,857 in cash before the April acquisition.
Investments
Investors are about to drain a $217 million trust fund while voting to keep its Bitcoin SPAC alive
SilverBox can salvage four more months, but redemptions may drain the trust needed to close.
Regulation
Crypto holders face an August 23 deadline to figure out who controls HTX or risk violating EU sanctions
The law names “HTX (HUOBI GLOBAL SA),” while HTX previously said in a UK case that the company is separate from its online platform.
Outage
Over 2 million DOGE sit trapped in limbo as Dogechain keeps printing blocks past its final deadline
The RPC and explorer remained available beyond noon, but QuickSwap’s Dogechain route redirected users to Polygon and bridge withdrawals remained unproven.
Deals
Swapping a $23M business for $1M cash while banking on locked WLFI tokens shows how dire crypto balance sheets have become
The buyer owes $11 million later, while 3.58 billion WLFI still need registration effectiveness to become transferable.
Macro
Yields are spiking toward 5.2%, but history shows Bitcoin might completely ignore Wall Street’s $125 billion stress test
A 4.5-hour gap between CPI data and $125 billion in debt sales is about to trigger Bitcoin's hardest macro pressure
ETF
Investors poured $82 million into Canary’s XRP ETF, but falling prices erased double what they put in
Unrealized XRP depreciation erased nearly twice the value added by net capital-share activity as token holdings rose 31.7%.
ETF
In just 190 seconds, Grayscale quietly pulled the plug on three major altcoin ETFs
Cardano, Hedera and Polkadot registration withdrawals gave no reason for the retreat, while five other Grayscale altcoin filings remained preliminary.
Earnings
A pre-revenue AI crypto startup funneled $12 million into EV as bad crypto trades erased 97% of cash in six months
The pre-revenue company ended June with $577,328 in cash while its RoboShare pilot and discounted equity facility remained conditional.
Mining
With $0 in revenue and 35 idle machines in storage, an inactive Bitcoin miner printed 1.65 billion shares to stay alive
Only 800 million of those shares raised $700,000 in cash as the inactive miner searched for an operating restart.
