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Project Overview
Cronos is the EVM-compatible chain developed by Crypto.org. It aims to massively scale the Chain DeFi ecosystem, giving developers the ability to quickly port apps from Ethereum and other EVM-compatible chains, and access the large user base of the Crypto.com ecosystem.
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Trump Media Group Reports Q1 Net Loss of $406 Million, Underwater Crypto Assets Drag Down Earnings
Odaily News: Trump Media & Technology Group (TMTG) released its financial results for the first quarter of 2026. The data shows that the company reported a net loss of $405.9 million for Q1 on revenue of $871,200. The loss widened year-over-year, primarily impacted by unrealized losses on crypto assets.The financial report shows that TMTG currently holds 9,542 BTC, valued at approximately $767 million, with an average purchase cost of around $118,529. Additionally, the company holds 756.1 million CRO, costing approximately $113.9 million, with a current fair value of about $53 million. To hedge against the volatility risk of crypto assets, TMTG also holds covered call options involving 4,000 BTC, of which 2,000 BTC have been used as collateral.
US Government Address Deposits UNI, CRO, and LINK to Coinbase Prime
According to Onchain Lens monitoring, the US government (Brian Krewson seizure funds) deposited 2,466 UNI, worth $8,410; 152,925 CRO, worth $10,689; and 1,589 LINK, worth $15,703 into Coinbase Prime.