Bitdeer’s Bitcoin Output Nearly Quintuples, but Expansion Deepens the Loss
Second-quarter revenue rose 47% and mining output reached 2,694 bitcoin, while financing costs and infrastructure investment kept the company in the red.
• Blockchain
Second-quarter revenue rose 47% and mining output reached 2,694 bitcoin, while financing costs and infrastructure investment kept the company in the red.
• Blockchain
Three widely discussed posts captured a market split between stronger Bitcoin positioning, a delayed U.S. crypto bill and fresh capital for a startup-focused bank.
• Markets
The newly approved U.S. bank is in talks for funding at an $8 billion pre-money valuation, according to people familiar with the process.
• Fintech
The ECB-backed authorisation gives Revolut a Paris base for local lending and savings as it commits more than €1 billion to Western Europe.
• EU Regulation
The Nordic company acquired 2,455.37 bitcoin without cash or debt, lifting holdings to 3,506.4 bitcoin but diluting shareholders by about 70%.
• Blockchain
Brent advanced above $86 while European and U.S. shares softened, forcing investors to weigh energy risk against strong earnings and rate expectations.
• Markets
The Markets in Crypto-Assets Regulation is now fully operative across all 27 EU member states, imposing licensing, reserve, and disclosure obligations on every crypto-asset service provider operating in Europe.
• EU Regulation
Chainalysis has tracked more than $30 million stolen in violent crypto attacks this year, with kidnappings and home invasions dominating cases.
• Blockchain
A year of on-chain data shows tokenized real-world assets expanding in lending and trading even as the broader DeFi market contracted.
• RWA
The asset manager's on-chain money market fund, launched on a permissioned blockchain network, has attracted institutional capital at a pace that has outpaced every comparable tokenized fund product.
• RWA
Eligible UK customers can now trade nearly 4,000 US shares in the same app as their crypto holdings, with tokenized equities still to come.
• Fintech
US spot Bitcoin funds attracted $244.4 million on Wednesday, extending a three-day inflow streak as Ether and XRP products diverged.
• Markets
A volunteer review says it found 85 critical issues across Bitcoin-related software, shifting the bottleneck from scanning code to validating reports.
• Blockchain
Investors demanded steeper discounts on loans moved from an older fund, forcing Ares to scale back a planned European continuation vehicle.
• Markets
Fraudsters are posing as exchanges and regulators while EU customers move accounts after the bloc's crypto licensing deadline.
• EU Regulation
The European Central Bank has moved its digital euro project into the preparation phase focused on retail distribution infrastructure, with a conditional issuance decision expected by mid-2027.
• Fintech
The STOXX 600 reached an intraday high while Nasdaq futures fell and oil rebounded, leaving investors between strong earnings and macro uncertainty.
• Markets
Three high-impact posts focused attention on Bitcoin software risk, Russia's new crypto framework and diverging equity-market signals.
• Markets
The US securities regulator has formed a dedicated enforcement team for financial reporting fraud and auditor misconduct.
• Markets
The Dutch owner of Raleigh and Babboe has filed for insolvency four years after a €1.8 billion leveraged buyout.
• Markets