A pre-revenue AI crypto startup funneled $12 million into EV as bad crypto trades erased 97% of cash in six months

AIxCrypto Holdings, a pre-revenue company building a robot-rental marketplace while holding digital assets, entered the third quarter with $577,328 in cash after its balance fell 97% in six months. Its nearest stated route to operating revenue, RoboShare, was still preparing a Los Angeles pilot as of Aug. 7. Cash and cash equivalents fell from $19.33…

Crypto holders face an Aug 27 deadline to save 21 tokens before Kraken liquidates them into thin order books

Kraken clients holding any of 21 delisted tokens face a 14:00 UTC deadline on Aug. 27, when the exchange’s general withdrawal window closes; remaining balances will then move toward automatic liquidation. The exchange plans to liquidate remaining balances between Sept. 1 and Sept. 5 based on prevailing market conditions, according to its delisting notice. For…

A proposed Ethereum upgrade threatens to kill native yield and force SharpLink’s $125M treasury into high-risk DeFi

An Ethereum staking proposal would lower the native-yield baseline underpinning SharpLink’s strategy to make its corporate ETH treasury more productive, increasing its reliance on variable and higher-risk sources of return. EIP-8363 would progressively burn a larger share of consensus rewards as the amount of staked ETH rises. At 60.25 million ETH, the model reaches a…

A major Bitcoin miner burned through 357 BTC on secret compute deals while its output plummeted

Bitcoin miner and cloud-mining provider BitFuFu said advance payments for 330 days of future hashrate were the primary reason its reported Bitcoin holdings fell by 357 BTC in July. At the same time, production and managed hashrate declined, leaving a clear operational checkpoint: whether the platform reaches approximately 20 EH/s by mid-August. The company’s SEC-filed…