Category: crypto

H100 Group reported a SEK 98 million pre-tax loss for the second quarter due to a non-cash write-down linked to Bitcoin’s price decline. The company’s first-half pre-tax loss reached SEK 253 million, but operating income rose to SEK 6.1 million. H100 now holds 3,506 BTC after acquiring two Norwegian Bitcoin treasury firms, making it Europe’s…

The EU has extended sanctions to 14 foreign crypto platforms under its latest Russia sanctions, allowing for country-level transaction bans. The measures aim to prevent sanctions evasion and increase pressure on jurisdictions hosting platforms linked to sanctioned Russian activities. Additional restrictions target Russian and Belarusian control of EU crypto firms.

The U.S. Justice Department is investigating Andreessen Horowitz over board seats held at competing artificial intelligence companies, including Databricks and Fivetran. The probe involves potential violations of antitrust laws against interlocking directorates. The DOJ has not decided whether to take enforcement action. Andreessen Horowitz has significant investments in AI and crypto companies.

Short seller James Chanos described Strategy and Bitcoin as an “$80 billion actionable spread” on Aug. 18, sparking debate on the valuation of Michael Saylor’s Bitcoin treasury company. Strategy’s Bitcoin holdings have decreased to 840,447 BTC, worth about $53.95 billion, while MSTR’s market cap is $34.4 billion. Chanos previously closed his short MSTR, long Bitcoin…

HTX is investigating small cryptocurrency transfers attributed to the exchange by community members. Reports of frozen accounts remain unconfirmed. Small deposits do not necessarily prove address poisoning. HTX advises users to verify complete wallet addresses. The exchange is examining the origin of the transactions and promises to provide confirmed information.

BitBox has released a firmware update fixing two severe vulnerabilities in its BitBox02 and BitBox02 Nova hardware wallets. One vulnerability could have allowed malicious firmware installation, while the other could have locked Bitcoin to an unintended address. No user funds were reported lost, and the fixes follow a Coldcard firmware flaw linked to Bitcoin thefts.

Kraken has launched trading in over 7,000 U.S. stocks for eligible customers in the EEA, allowing access to traditional shares alongside xStocks and crypto assets. The service is provided through Kraken’s Cyprus investment firm and aims to provide exposure to U.S.-listed companies for European customers through a single platform.

The Blockchain Association supported the SEC’s proposal to repeal two market rules that were adopted in 2005, arguing that doing so would facilitate the trading of tokenized securities on public blockchains. The Association also advocated for recognizing onchain execution as a compliant method for securities trading, emphasizing the need for updated regulations to align with…

Whitechain is relaunching as an Ethereum Layer 2 platform focused on helping web3 projects with user acquisition and distribution challenges. Backed by W Group and WhiteBIT, Whitechain aims to connect on-chain infrastructure with broad user distribution. The platform offers funding opportunities for projects at different stages of development.