10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

Crypto Token Unlocks Fall 52% in August to $3B


Crypto token unlocks are expected to fall sharply to $3 billion in August, down around 52% from the $6.3 billion in value unlocked in July, according to vesting data tracker Tokenomist. 

Despite the overall decrease, several high-profile unlocks could still impact prices. The biggest unlocks include Sui (SUI), Fasttoken (FTN), Aptos (APT), Avalanche (AVAX) and Arbitrum (ARB).

Sui will release $167.62 million in vested tokens on Aug. 1, making it the largest scheduled token unlock for the month. This could be impactful, as the token has a very high…



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link