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The Hong Kong-listed crypto firm reported HK$195.4 million ($25.1 million) in total revenue in H1, up 58% year-on-year.
Solana‑based token launchpad Heaven went live on Aug. 15 and has averaged about 4,100 token launches per day.
The migration from native staking to liquid restaking reflects evolving risk appetite and yield optimization strategies among ETH holders.
Proposals to add staking to Ethereum ETFs issued by Grayscale and BlackRock have yet to secure approval.
The company, formerly known as Iris Energy, posted revenue of $187.3 million, net income of $176.9 million, and EBITDA of $241.4 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The CFTC clarified on Thursday that non-U.S. exchanges have a path that allows Americans to trade on their platforms.
DeFi Dev Corp. (ticker DFDV) has purchased $77 million worth of SOL tokens, at an average price of $188.98 per token.
Bitcoin’s current price is “too low” compared to gold, given its volatility has fallen to historic lows, JPMorgan analysts said.
The latest $20 million strategic round comes from HashKey Capital, Pantera Capital, and Primitive Ventures, among others.