Norway Wealth Fund Discloses $81.9 Million BitMine Stake
Norway’s Government Pension Fund Global disclosed a 6,151,062-share position in BitMine Immersion Technologies valued at $81,870,635, according to a Norges Bank holdings filing for the quarter ended June 30. The holding gives the sovereign wealth fund indirect exposure to Ethereum through BMNR… Read the full story at The Defiant
Tether Clears First Full Audit From KPMG Without Publishing the Statements
Tether said Thursday that KPMG U.S. issued an unqualified opinion on the financial statements of Tether International, S.A. de C.V. for the year ended Dec. 31, 2025, completing the first full financial statement audit in the company’s history. An unqualified opinion is the cleanest verdict an… Read the full story at The Defiant
Securitize’s Tokenized Assets Hit $4.3 Billion as Revenue Falls
Securitize reported record average tokenized assets under management of $4.3 billion for the second quarter, up 16% from a year earlier, but revenue fell 5% to $14.4 million and its net loss widened to $21.7 million in its first results released after it began trading publicly. Tokenization revenue… Read the full story at The Defiant
Uniswap Founder Says Team Renounced Creator Fees From Employee Testing
Uniswap founder Hayden Adams said the team renounced all creator fees from “Uniswap employee testing” after tokens created during Pools testing were discovered, redirecting the fees to an automated buy-and-burn contract. TradePools said Wednesday that test tokens made while building Pools no longer… Read the full story at The Defiant
Pump.fun’s Share Of Launchpad Fees Fell To 27% In July. Four Weeks Later It’s Back Above Half
A wave of launchpads on Robinhood Chain took most of pump.fun’s share of the token-launch business in the first two weeks of July. Still, pump.fun is now earning more per week than before they arrived. The launchpad business grew faster than pump.fun lost ground in it. Weekly fees across the… Read the full story at […]
SEC Staff Clears Franklin Funds to Use Onchain Money Fund for Cash and Collateral
The U.S. Securities and Exchange Commission’s Division of Investment Management said Wednesday that it would not recommend enforcement action if Franklin Templeton’s U.S. registered funds hold shares of its onchain money market fund through an affiliated blockchain-integrated custody and… Read the full story at The Defiant
BitGo CFO to Exit as Q2 Net Loss Hits $19 Million
BitGo Chief Financial Officer Edward Reginelli will resign effective Sept. 15, the digital-asset infrastructure company disclosed on Aug. 12. In the same announcement, BitGo reported a $19.0 million second-quarter net loss, reversing a $38.3 million profit a year earlier even as revenue climbed… Read the full story at The Defiant
Circle’s cirBTC Is Live on Ethereum but Has Only 40 BTC Outstanding
Circle renewed its push for cirBTC as neutral institutional collateral in an Aug. 12 post, but the product is not a new launch. It has been live on Ethereum since June 8 and had only about 40 tokens outstanding at the time of review, compared with more than 116,000 WBTC and 97,000 cbBTC. cirBTC… Read […]
Boltz Founders Exit as Unnamed Bitcoin Group Agrees to Take Over Suspended Swap Service
Boltz’s original founders have stepped down, and an unnamed group of “veteran Bitcoiners” has agreed to take over the suspended Bitcoin swap service, the company said Wednesday. The incoming operators will provide capital and engineering resources, while work to find and fix vulnerabilities is… Read the full story at The Defiant
ENS Tokenholders Hand Endowment Control to a Staffed Foundation
ENS tokenholders approved and executed a proposal that turns the ENS Foundation into a staffed organization with a full-time executive director and a five-seat board, and hands it onchain control of the DAO’s endowment. The opposition centered on the keys. The executable swapped the sole owner of… Read the full story at The Defiant