Ionic Digital pivots from Bitcoin mining to AI data centers, securing a $2.7B valuation. Leveraging Texas's low-cost electricity & land, they've repurposed mining facilities into AI data centers. Long-term lease agreements, led by primary tenant Nscale, project ~$2B in revenue over the next decade. Q1 2026 revenues hit $154M, with data center leasing a major contributor, signaling reduced Bitcoin mining. Risks include tenant concentration & construction delays. Full report available.

#crypto #blockchain #news #BTC #Bitcoin

Hong Kong rocked by "Fun Coffee" crypto scam: victims defrauded of over HK$1 billion (US$128M). Scheme, originating from Vietnam, promised 222% annual interest on coffee investments, revealed as a crypto fraud. SFC flagged it in July 2026. Over 370 individuals lost hundreds of thousands HKD each. Police investigating 115 reports. Incident highlights risks of unregulated virtual currency investments. #cryptoscam #hongkong #funcoffee

BNB Chain addresses former employee's unauthorized meme token launch. Ex-employee allegedly used old wallet access to create the token. BNB Chain confirms no affiliation or endorsement. Legal action is underway, with cooperation from law enforcement. Company aims to resolve the situation and protect platform integrity. #BNBChain #MemeToken #LegalAction

July #Blockchain Roundup: Key developments in #Bitcoin, #Ethereum, #Solana, and #Zcash.

<b>Bitcoin:</b> Core v31.1 released, fixing chainstate issues & IP leaks. BIP-110 governance discussions ongoing.

<b>Ethereum:</b> "Glamsterdam" testnet nearing completion. DevNet 7 shows strong participation. Gas fee re-pricing challenges persist. Vitalik Buterin charts future paths: Lean Ethereum & STARKs. EIPs like Native UTXOs & EIP-8222 focus on privacy/scalability.

<b>Other Projects:</b> Solana, BNB Chain, Zcash, NEAR & ZK initiatives continue upgrades & governance refinements.

#Crypto #Web3 #DevUpdate

Bybit releases 34th Proof of Reserves (PoR) report, snapshot July 22. User #BTC holdings surge 14.46% to ~56k BTC. #ETH assets up 9.03% to ~541k ETH. #USDT holdings down 11.37% to ~4.71B USDT.

DeFi Kingdoms sunsetting its DFK Chain (formerly Avalanche Subnet) on Aug 28, 2026. Player assets will be securely migrated to Avalanche C-Chain. The project itself continues, with plans for an SDK to empower third-party developers to build on DFK's systems & assets. More migration details soon.

#crypto #blockchain #news

Coinbase Bitcoin Premium Index: 75-day negative streak! 🤯 Bitcoin on Coinbase Pro has been cheaper than on Binance for over two months (May 19 - Aug 1), a new record. Previously, the longest was 40 days. This suggests weaker US buying demand or more selling pressure. Note: This metric alone shouldn't be used to infer institutional outflows. #bitcoin #coinbase #binance #crypto

Bitcoin sentiment at historic low per Santiment. For every 1 bullish comment, there are 0.58 bearish. This is due to a Coldcard firmware vulnerability, impacting confidence in cold wallets/self-custody and increasing market fear. Analysts caution this is a single-day sample; long-term trend TBD.

#crypto #blockchain #news #BTC #Bitcoin

South Korean crypto market sees trading volume rebound, ending six-week downturn. Five major exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—reported a combined trading volume of approximately 9.9 trillion Korean won (KRW) between July 24 and July 31, marking a 15.66% increase from the previous week's 8.5 trillion KRW. This surge concludes a six-week period of declining activity. Upbit maintained its dominant market share at 61.54%, though it saw a slight decrease of 3.92 percentage points week-over-week. Conversely, Bithumb's market share rose to 33.2%, an increase of 6.57 percentage points. Coinone, Korbit, and Gopax held market shares of 4.54%, 0.69%, and 0.03%, respectively.

#crypto #blockchain #news

MoneyFlip CEO arrested in Miami for alleged murder-for-hire plot paid with USDT. Marcos Arturo Kleiman Tronllan accused of using his company to facilitate illicit fund exchanges, including converting $750k drug proceeds to crypto. He allegedly offered $40k to an undercover agent to kidnap & murder a debtor. After fake evidence of the victim's death, Kleiman paid $5k cash & ~25,000 USDT. The target was unharmed. Charges: soliciting murder, max 10 yrs prison. Unadjudicated.

#crypto #blockchain #news

A woman in France narrowly escaped an attempted kidnapping and extortion linked to a suspected Waltio data leak. Three masked gunmen entered her home in Ételfay, Somme, on June 5th but fled due to unforeseen circumstances. Court proceedings revealed the victim was targeted using data reportedly found in a Waltio data leak circulating on the dark web. A 26-year-old man involved in the operation admitted to being paid €5,000 for his participation, denying any role in planning. Waltio experienced a data breach in January, potentially affecting nearly 50,000 users. Investigations are ongoing, and the masterminds behind the incident have not yet been identified.

#crypto #blockchain #news

Tether's Q2 excess reserves down 50% to $4.11B. Despite a $1.5B Q2 operating profit, H1 financials show a ~$3.17B loss. Q2 alone may have seen over a $4B loss due to asset depreciation (Bitcoin & gold) and undisclosed factors. Tether increased its BTC & gold holdings during the quarter.

#crypto #blockchain #news #BTC #Bitcoin