Today's Crypto and Bitcoin News

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08-04

USDD Q2 2026 Treasury Report Shows $7.66M Revenue, 21.6% Quarter-over-Quarter Growth

ChainCatcher report: The decentralized stablecoin USDD has released its Q2 2026 treasury report. The data shows that USDD’s total revenue for the quarter reached $7.66 million, a 21.6% increase quarter-over-quarter, setting a new quarterly high; net profit amounted to $7.63 million, with expenses of

OpenRouter Launches Ori Eval to Help Developers Choose AI Models

According to Beating Monitor, OpenRouter has launched Ori Eval to help developers determine which model to use for their AI applications. It scans code repositories to locate model invocation points and then runs multiple candidate models against real tasks from the project. Developers can specify w

Robinhood Chain meme coin TENDIES surpasses $20M market cap with a 64% 24-hour surge

ChainThink reports, according to GMGN market data, Robinhood’s on-chain meme token TENDIES has surpassed a market cap of $20 million, with a 64% increase over the past 24 hours and a trading volume of $2 million.TENDIES comes from the internet meme "tendies" in the U.S. retail investor and Reddit co

Base Power, founded by Dell’s son, raises $1 billion in its D round, valued at $130 billion

According to ME News, on August 4 (UTC+8), Base Power, a home battery startup co-founded by Zach Dell, son of Dell founder Michael Dell, announced the completion of a $1 billion Series D funding round, bringing its post-funding valuation to $13 billion. The company has officially launched its home e

SpaceX's first unlock of 912 million shares will hit the market on August 6

SpaceX's first lock-up expiration following its initial public offering (IPO) is set to expire on August 6, with approximately 912 million shares entering the market, increasing the float from under 5% to around 12%. Short interest has surged to 34%, heightening market concerns about near-term price

Italy's largest bank reduces Bitcoin ETF holdings, increases staked Ethereum ETF position

ChainCatcher report, according to CryptoSlate, Italy’s largest bank, Intesa Sanpaolo, significantly adjusted its crypto ETF holdings in the second quarter. Documents show that the bank’s holdings of iShares Bitcoin Trust (IBIT) common shares decreased from 646,809 to 40,723 shares, a 93.7% decline;

U.S.-Japan Currency Intervention Sparks Focus on XRP and Ripple's Payment Infrastructure

U.S. and Japan coordinated currency intervention renewed attention on efficient cross-border liquidity infrastructure and payment modernization efforts.Ripple’s expanding partnerships across Japan continue supporting long-term interest in blockchain-based settlement technology for global transfers.X

SoftBank to Release Q1 2026 Earnings Amid AI Investment and Debt Concerns

Odaily Planet Daily report: SoftBank will announce its first-quarter financial results for fiscal year 2026 this Thursday, with market attention focused on how it continues to fund OpenAI and AI infrastructure projects. For the fiscal year ending March 2026, SoftBank recorded its highest net profit

DRAM shortage to persist until 2027; NVIDIA reassesses Rubin Ultra HBM configuration

Odaily Planet Daily reports: Analyst Jukan from Citrini posted on X that, according to TrendForce’s latest storage industry research, DRAM supply shortages are expected to persist until 2027, and the certification timeline for HBM4e remains uncertain; NVIDIA has been reassessing the HBM configuratio

Coinbase Institutional Accounts to Migrate to Deribit on September 9

According to Huoxing Finance, on August 4, Coinbase announced that its Institutional Exchange accounts, balances, and positions will be officially migrated to the Deribit platform on September 9, with the entire transition expected to be completed within 30 minutes. The migration will require forced

Apple Sues Former Engineer for Alleged Data Leak; OpenAI Releases Chat Logs in Defense

ME AI message, according to monitoring by Beating, Apple has accused former engineer Chang Liu of exploiting system vulnerabilities after his departure to access the internal cloud storage and download dozens of confidential files to assist OpenAI in hardware development. OpenAI has now publicly rel

Kalshi Moves NY $36B Gambling Suit to Federal Court

Kalshi’s CEO invoked Nasdaq and even compared the fight to Uber and Airbnb as the prediction-market operator pushed back on a sweeping New York lawsuit that seeks at least $36 billion in damages and penalties. What happened - On July 31 New York Attorney General Letitia James sued Kalshi, accusing

NEAR Proposes $57M Sovereign Fund to Fund Public Goods via Token Yield

NEAR Protocol co-founder and NEAR Foundation CEO Illia Polosukhin has opened a new governance conversation that could reshape how the network funds its public goods — and how its tokenomics evolve. On Aug. 3 Polosukhin proposed creating a protocol-level sovereign fund seeded with roughly 30 million

FalconX Cuts 10% Workforce and Shifts Singapore Strategy to Derivatives

FalconX trims about 10% of staff as crypto slump bites FalconX has cut roughly 10% of its global workforce as the digital-asset prime broker braces for an extended market downturn, Bloomberg reported Monday, citing people familiar with the matter. Before the reductions, the firm employed about 350

CASHCAT Market Cap Surpasses $75M, 24-Hour Gain Exceeds 71%

ChainThink reports that, as of August 4, according to GMGN market data, the Robinhood Chain meme coin CASHCAT has regained its market capitalization above $75 million, with a 24-hour increase of over 71%.During the same period, CASHCAT achieved a 24-hour trading volume of $17.6 million. Meme coins a

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