News linked to this event type.
cryptocurrency exchange Coinbase released its second-quarter earnings, which fell short of expectations due to reduced trading activity following a crypto market selloff during the period. Its stock price dropped approximately 5% in after-hours trading, as investors watch whether subscription revenue can offset weaker transaction fees.
BitcoinTreasuries.NET posted on X that Bitcoin-backed AI data center developer Hyperscale Data GPUS announced H1 2026 revenue of $80 million, up 57% from 2025. The company expects FY 2026 revenue of $200 million. Its BTC holdings have increased by 95% year-to-date, currently totaling 1,006 BTC.
Meta disclosed in its quarterly securities filing that it has approximately $278.99 billion in operating and finance leases that have not yet commenced and are not recorded on the balance sheet, primarily related to AI data centers. These leases cover data centers, colocation facilities, and some network infrastructure, with leases scheduled to begin from the remainder of this year through 2036, with terms ranging from over one year to 30 years.This figure represents an increase of about 53% compared to the $182.88 billion in future leasing obligations Meta disclosed in its first-quarter filing three months ago. Meta also disclosed that in July, after the quarter ended, the company added approximately $68 billion in new data center lease commitments, expected to commence in 2027 and 2028, with lease terms of 18 to 20 years.Earlier this month, Meta announced the expansion of its Hyperion AI data center in Louisiana, targeting a computing capacity of 5 gigawatts, with the project's expected cost exceeding $50 billion. During the second-quarter earnings call, Meta CEO Mark Zuckerberg stated that a significant portion of the company's computing power will be used to train AI models, power AI agents, and support core business operations.In addition to future leasing obligations, Meta disclosed $349.31 billion in non-cancellable contract commitments, covering both short-term and long-term arrangements. The company stated that these commitments primarily involve third-party cloud capacity arrangements, as well as investments in servers, network infrastructure, data centers, and Reality Labs consumer hardware products. Of this amount, $53.52 billion and $81.65 billion are due in 2026 and 2027, respectively.
Uniswap announced the launch of a beta Launches tab in its web app to aggregate and display token launch projects based on Uniswap infrastructure. This feature initially supports launch projects on Robinhood Chain and integrates token information from multiple launch platforms. Users can filter and sort by dimensions such as launch platform, 24-hour trading volume, liquidity, listing time, and popularity.
: CME Group Chairman and CEO Terry Duffy stated that the approval of perpetual futures contracts in the United States could expose traders to tax and regulatory uncertainties, as the products may ultimately be classified as swaps rather than futures. Duffy explained that buyers and sellers in perpetual contracts periodically exchange funding rates, a mechanism that aligns with the legal definition of a swap under U.S. law. The Commodity Futures Trading Commission (CFTC) currently categorizes them as futures, and CME is challenging this classification in court. Duffy noted that if perpetual contracts are treated as futures, some institutional traders may qualify for the mixed tax treatment under Section 1256 of the U.S. tax code. If classified as swaps, they may be taxed under ordinary tax rules. The Internal Revenue Service (IRS) has not yet issued specific guidance on the tax treatment of perpetual futures. Legal experts said that perpetual futures are structurally similar to swaps but serve an economic function akin to futures, making the court’s interpretation of the relevant definitions crucial. Even if the litigation clarifies product classification, the IRS may still need to issue separate tax treatment guidance.
Solana tweeted that South Korean fintech company KSNET has signed a memorandum of understanding with the Solana Foundation to integrate Solana Pay into its payment network. The network covers over 330,000 merchants and has a monthly transaction volume of approximately $4 billion.
During the 11th year of Ethereum, the Ethereum Foundation underwent organizational restructuring, including leadership departures, layoffs, the introduction of a new CROPS mandate, and the spin-off of EthLabs, Ethereum Systems, and Ethereum Institutional as independent entities. The Ethereum Foundation seeks to further decentralize its role within the ecosystem. Concurrently, Ethereum continued to advance its technology and institutional adoption, launching the Fusaka upgrade and attracting participation from Wall Street institutions such as BlackRock and JPMorgan; cumulative inflows into US spot Ethereum ETFs have exceeded $11.23 billion.
Base co-founder Jesse Pollak posted on X, stating that at the inception of Base, he told the team and Coinbase that they must do everything possible to support developers, as developers will create products that bring the world on-chain. One key approach is the Base Ecosystem Fund, which helps teams succeed by providing funding and deep engagement. Most of the teams supported by the fund had no prior connection to Coinbase, come from all over the world, and are exploring multiple fields, including finance.
Odaily Planet Daily reported that Polymarket has announced that, to enhance the manipulation resistance of its cryptocurrency up/down prediction markets, affected markets will transition from single price snapshot settlement to Time-Weighted Average Price (TWAP) settlement starting from 00:00 UTC on August 7. Specifically, the 5-minute markets will adopt a 30-second TWAP, while the 15-minute and 4-hour markets will adopt a 60-second TWAP.Additionally, the platform will provide a total of $1 million in liquidity rewards for the relevant markets throughout August. Chainlink's TWAP testnet data feed is now live, with the mainnet data feed and Polymarket's Real-Time Data Streams (RTDS) scheduled to go live on August 4, 2026.
during the company's second-quarter earnings call, Meta CEO Mark Zuckerberg stated that Meta currently does not have a business selling computing power to customers, but such offerings are in the plans. He indicated that a significant portion of Meta's computing power will be used for training AI models, supporting agent products, and developing core businesses, while the company also anticipates expanding services to large enterprise clients.Both Google and Meta have slightly raised their capital expenditure expectations for this year. Google stated that related spending could increase further in 2027, while Microsoft maintained its capital expenditure forecast. Google's cash flow turned negative for the first time in the second quarter, and Meta's cash flow decreased by 91% compared to the same period last year.Microsoft CFO Amy Hood noted that customer demand for its cloud business still exceeds available capacity. Google said last week that it will purchase more third-party computing power while building more internal capacity to meet customer needs.Google CEO Sundar Pichai stated that the primary objective for Google in using its self-developed tensor processing units (TPUs) is to ensure the allocation of necessary resources for the development of AGI frontiers. Google is working with partners to deploy TPUs in other data centers to unlock more capacity.
TSMC (TSM.N) will develop AI chip packaging technology. (The Information)
According to U Today, a newly released survey report from the Ontario Securities Commission (OSC) shows that approximately one-quarter of Canadians currently hold digital assets or crypto investment funds, representing a significant increase from 10% in 2023 and 13% in 2022.
Bybit today has added six US stock perpetual contracts: Berkshire Hathaway (BRKBUSDT), PayPal (PYPLUSDT), Mastercard (MAUSDT), Coca-Cola (KOUSDT), PepsiCo (PEPUSDT), and Walmart (WMTUSDT), supporting up to 25x leverage. To celebrate the launch, limited-time trading fee discounts are available: 0% maker fees and 50% discount on taker fees.
CZ posted on X platform, stating that he has not communicated with the Giggle Team regarding the recent sale of donated tokens. However, GiggleAcademy typically exchanges or sells most donated tokens for BNB at the end of each month, and he does not directly manage that address. CZ stated that if someone sends or donates tokens to another party's address without a prior agreement or contract, the recipient should not be expected to perform actions like burning on behalf of the sender. If it is called a donation, one should anticipate the recipient using the tokens. CZ noted that tokens donated to GiggleAcademy will be sold, and the proceeds will be used to fund free education for children globally, with the project reaching over 1 million children in less than 2 years.CZ also expressed support for all Meme coins and mentioned that he might buy or sell one or two Meme coins in the coming weeks to test some new features.
According to the announcement, the Bybit Dual Investment Product page has been fully upgraded with a new return simulator, allowing users to preview potential returns under different settlement scenarios before placing an order, making investment decisions more intuitive and easier.
Bitget Wallet announces that its crypto payment card, Bitget Wallet Card, has completed a major upgrade and will officially launch the "Assetback" mechanism on August 1, with the asset cashback rate simultaneously increased to 3%. This mechanism will be open to over 50 countries across Europe, Latin America, Africa, and the Asia-Pacific region. Cardholders can freely choose their preferred cashback assets, covering BTC, gold, tokenized US stocks (NVDA, TSLA, GOOGL, S&P 500), stablecoins, and more. The base asset cashback rate is 2%, while new users or users who reach the monthly spending threshold can unlock the 3% cashback tier. This upgrade breaks the traditional model where card swiping only returns cash/points, marking the transformation of Bitget Wallet Card services from consumption cashback to accumulation of appreciating assets. It turns daily consumption into an opportunity for RWA asset allocation, allowing users to achieve a new daily finance experience of "spend to build positions" without needing to open a brokerage account throughout the process or perform extra operations at checkout.
: HyperliquidNews posted on platform X, stating that after the next network upgrade, TWAP orders will support a minimum order size of $100, with the maximum execution period extending to one week.
on July 30 that assets related to the South Korean market performed actively, with multiple Korean stock tokens on Gate gStocks seeing upward trends. According to the latest data from Gate, the MSCI Korea Index 3x Leveraged ETF token (KORUG/USDT) surged 11.54% in the past 24 hours, now trading at $13.817, making it the current top gainer among gStocks targets. Meanwhile, Samsung Electronics (SAMSUNG/USDT) is currently trading at $156.81, up 8.16% in 24 hours; SK Hynix (SKHYG/USDT) stands at $131.67, up 7.56% in 24 hours.Gate gStocks employs a 1:1 fully backed native stock reserve mechanism, where each tokenized security is backed by an equivalent amount of the underlying native stock. It supports 7×24 trading, unified account management, investment starting from as low as 1 USDT, and fractional share trading. Users can participate in global popular stock investments with greater flexibility, achieving a one-stop allocation of digital assets and traditional securities. As the tokenized securities ecosystem continues to expand, Gate gStocks will persistently introduce more high-quality stock and ETF targets, offering users an increasingly diverse range of global asset allocation options.
Bitget has launched GRVT flexible savings, with the campaign running from July 30, 17:00 to October 28, 17:00 (UTC+8). During the campaign, users can go to the "Simple Earn" section to subscribe to the corresponding product, enjoying up to 20% APR, with a single subscription limit of 500,000 GRVT. For more details, please refer to the Bitget official platform.
According to the official announcement, Coinbase will list Brent Crude Oil and WTI Crude Oil perpetual contracts. The BRENTOIL-PERP and WTIOIL-PERP perpetual contract markets will open for trading at 17:00 Beijing Time on August 3 or thereafter.