PANews

FIGR announced its second-quarter financial results: net revenue of $226 million, up 113% year over year; net profit of $87 million, up 192%; consumer loan market transaction volume of $4.3 billion, up 132%; Figure Connect contributed $2.8 billion, accounting for approximately 65% of total transaction volume; shares rose approximately 5% in premarket trading, extending their gains.

PANews, August 13 — Data monitored by BitcoinTreasuries.NET shows that mining company Riot Platforms has sold 4,300 Bitcoin to cover operating needs and data center expansion expenses, and currently holds 11,380 Bitcoin.

PANews, August 13: According to Bybit market data, at the U.S. stock market open, the Dow Jones Industrial Average was up 0.27%, the Nasdaq was up 0.27%, and the S&P 500 Index was up 0.26%. Crypto-related stocks broadly rose, with COIN (Coinbase) up 0.39% on the day and HOOD (Robinhood) up 1.74% on the day.

Trezor announced that its logistics provider experienced a data breach affecting new customers in the United States, United Kingdom, Sweden, Colombia, Brazil, Italy, and Portugal. The information of 11,742 customers was fully exposed (names, email addresses, phone numbers, and shipping addresses), while that of another 1,947 customers was partially exposed (names, cities, and email addresses). Trezor has notified those affected by email and warned them not to enter wallet backup information on any website; please check for updates only through official channels.

PANews, August 13 — Arkham monitoring shows that Garrett Jin, the agent of the “1011 insider whale,” went long on nearly $100 million worth of Bitcoin at an average price of $76,117. He lost $16 million on the trade, excluding the $1.2 million in funding fees he paid.

Nasdaq-listed Ethereum treasury company Sharplink announced that it will stake $200 million worth of ETH through Lido via liquid staking to receive wrapped staked ETH (wstETH), with Anchorage Digital serving as custodian, expanding Sharplink’s existing ETH staking and restaking strategy.

Gate, the gateway, announces an upgrade to the Gate Card, adding balance withdrawals. Card balances can be converted to USDT at real-time exchange rates and transferred to the spot account for trading, wealth management, or asset allocation, enhancing the flexibility of fund usage. The card is connected to Visa/Mastercard, covering 200+ countries and regions and approximately 150 million merchants worldwide, and supports online and offline payments, ATM withdrawals, and Apple Pay/Google Pay. This connects the entire top-up–spending–balance return cycle, optimizing the digital asset payment and fund management experience.

Bit Digital reported its Q2 2026 financial results: It bought 8,568 ETH this quarter for $20 million, at an average cost of approximately $2,334.25 per ETH, and held approximately 164,310 ETH at quarter-end (including 75,757.5 ETH held directly). Q2 total revenue was $32 million, up 15% year over year, including $900k in Ethereum staking revenue, down from $2.3 million in the previous quarter; first-half staking revenue increased 246% year over year. Digital asset mining revenue was $2.4 million, with 32.3 BTC mined, down from 48.1 BTC in the previous quarter; first-half mining revenue decreased 58% year over year. Net loss attributable to Bit Digital shareholders was $107.2 million this quarter.

PANews, August 13 — Cryptocurrency exchange Bullish (NYSE: BLSH) announced its second-quarter financial results. Digital asset trading volume in the second quarter was $32.6 billion, compared with $58.6 billion in the same period last year; net profit (loss) was $280 million, compared with $108.3 million in the same period last year. Adjusted revenue was $92.6 million, and adjusted EBITDA was $29.5 million. Subscription, services and other revenue reached a record high of $62.7 million.

作者：JamesX
Preface—On “Making Money”
So far in 2026, crypto protocols have generated a total of $7.42 billion.
During the same period, more than 100 crypto projects shut down, went bankrupt, or stopped updating altogether, while the vast majority of altcoins fell 70% to 90% from their highs.
Zooming in on specific projects, the contrast becomes even more striking:
Hyperliquid generated $758 million over the past 12 months, using the vast majority of it to buy back its own tokens—the token price has fallen nearly 30% from its all-time high in June;
Pump.fun generated $330 million in revenue in one year and spent $315 million on buybacks—the token has fallen 60% since launch;
Aave holds $12 billion in deposits, accounting for roughly 60% of DeFi lending.

Cronje said most DeFi protocols are no longer truly decentralized, with only a very small number of niche areas being exceptions. He stressed that genuine DeFi should be decentralized, immutable, and intermediary-free. DefiLlama data shows that DeFi TVL fell from approximately $167 billion to approximately $75 billion over the past 10 months, a decline of more than half.

PANews reported on August 13, citing Jin10, that the release notice for DeepSeek-V4-Pro-0813 on the DeepSeek website and the announcement on the open platform have been withdrawn, less than 24 hours after its silent release on the evening of August 12. DeepSeek-V4-Pro-0813 is still displayed in the official API documentation.

PANews, August 13 — According to Coindesk, Mitsubishi UFJ Financial Group (MUFG) plans to use blockchain technology to accelerate the settlement of Japanese government bond (JGB) transactions. MUFG is preparing to conduct a proof of concept for on-chain Japanese government bond trading using the Canton Network. MUFG hopes to improve the operational and capital efficiency of repurchase transactions (i.e., purchasing securities for short-term borrowing) through around-the-clock, real-time on-chain settlement.

Unitree Technology’s STAR Market IPO has received registration approval from the CSRC, with a final offering price of 150.8 yuan per share and an offering size of 40.45M shares. Subscription payments will conclude on August 12, 2026. The online winning rate was 0.0181%; online investors waived subscriptions for 8,734 shares, while no shares were waived offline. The waived shares were underwritten by the sponsor, totaling 1.3171 million yuan, or approximately 0.02%; total offering expenses amounted to 182 million yuan.

PANews, August 13 — Coinbase’s crypto options platform Deribit has obtained a broker-dealer license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license will enable Deribit to enhance its spot trading services, with the Coinbase exchange serving as a key liquidity provider to offer Deribit clients greater liquidity and hundreds of new assets.

Bein Crypto reported that a wallet paid a 1.6 BTC fee (approximately $102.8k) in a single transaction due to an abnormal RBF script that automatically increased the fee, but did not transfer any BTC to the recipient. The transaction was included in block 962142 and had only one input, totaling 160,343,885 satoshis, all of which went to miner fees, with 0 output. The block was mined by SpiderPool, and this transaction contributed approximately 88% of the block’s total fees (about 1.82 BTC).

Bitcoin has remained under pressure after reaching its all-time high, while funds are rapidly rotating from the crypto market into AI stocks. Investors including Daniel Koss, Ryan Ho, and Minh Le have fully exited or sharply reduced their Bitcoin and token holdings, shifting into chip and AI-related stocks and their derivatives. Experts say the crypto market is undergoing a deep shakeout, while AI is attracting funds due to its real-world applications; some investors are also choosing a more conservative approach or shifting toward stablecoins and assets with practical utility.