8-18
HIVE outlines AI expansion as $350 million GPU cloud deal lifts contracted revenue to $180 million
HIVE Digital Technologies used its fiscal first-quarter 2027 earnings call on Aug. 17 to emphasize it is expanding beyond Bitcoin mining into AI-focused computing. The company said it signed a five-year agreement with an unnamed investment-grade enterprise customer worth about $350 million, covering 2,016 Nvidia GB300 chips and adding about $70 million in annual recurring revenue. It said the deal brought contracted GPU cloud revenue to about $180 million, nearing its $200 million year-end target, while the segment accounted for roughly 10% of quarterly revenue versus 90% from Bitcoin mining.
BTC
BTC-1.80%
8-18
8-18
Polymarket prices CLARITY Act at about 20% Yes as a $414,895 No bet looms over $160,200 in liquidity
Polymarket data put the CLARITY Act market at about 20% Yes. An anonymous trader holds a No position worth about $414,895, roughly 2.6 times the $160,200 in displayed liquidity. The account deposited about $499,999 in USDC and spent roughly $398,122 across three trades to build 515,398 No shares, leaving about $101,877 unspent. With limited depth, a single large order could materially reprice the odds.
USDC
USDC+0.01%
8-18
8-18
Ethereum DeFi protocol OLY to open token mint Aug. 28 with time-weighted pricing and selling fees that fall from 10% to 4%
Ethereum-based DeFi protocol OLY is set to open its token mint on Aug. 28, structuring rewards around protocol revenue rather than ongoing token issuance. The system routes income to stakers, liquidity, ETH-based vaults and OLY buybacks and burns. Market sellers start with a dynamic 10% fee that is designed to step down to 4% as market capitalization rises, while limit orders carry a 2% fee and some liquidity exits are fee-free. Of ETH revenue, 34% is allocated to a staked ETH vault, 16% each to liquidity defense, a liquidity vault, direct staker payments and OLY buyback-and-burn, with the remaining 2% going to Genesis.
HYPE
HYPE-1.01%
8-18
8-18
Binance to halt transfers linked to HTX and 10 other platforms from Aug. 23 under EU sanctions
Binance has cut off funding transfer channels for HTX and 10 other platforms to comply with European Union sanctions. The restriction targets deposits and withdrawals rather than trading itself, meaning HTX’s order books can continue operating. HTX has disclosed 59.49 million registered accounts, but only about 420,000 spot-trading accounts were active over the past six months. The sanctions backdrop includes allegations that HTX provided financial services to A7 LLC, a Russian payment network sanctioned by the UK Treasury that officials say moved more than $90 billion last year and is linked to a sanctioned Moldovan politician and a Russian bank.
BNB
BNB-1.69%
8-18
8-18
Bits of Gold probes breach potentially exposing data of up to 250,000 customers as Paz pauses Bitcoin buys
Israel’s largest regulated cryptocurrency broker, Bits of Gold, said a breach in a supporting data analysis system may have exposed personal information for up to 250,000 users. The potentially affected data includes names, national identity numbers, contact details, IP addresses, bank-account details and public crypto wallet addresses, while customer funds and digital assets were not compromised. Paz temporarily halted Bitcoin purchases via its Yellow convenience store app after the disclosure. Bits of Gold said the incident occurred several days earlier and it has opened an investigation.
BTC
BTC-1.80%
8-18