Cryptocurrency & Banking - European banks require 192,000 ETH for validators [1] - Approximately 6,000 institutions are competing for 32 ETH each [1] - Gas burns from 340 million Europeans are creating permanent bid [1] - Monetary policy is being coded into smart contracts [1] - The infrastructure is described as sovereign extraction infrastructure [1]

Blockchain Technology - Avalanche L1s possess the distinctive ability to implement any validation logic that can be encoded through smart contracts [1] - a16z crypto highlights the potential of blockchains for TradFi (Traditional Finance), suggesting areas for regulatory compliant capital connection [1] Industry Focus - The report emphasizes the relevance of blockchain technology for asset managers in the TradFi sector [1]

Regulatory Landscape & Innovation - Fed Governor Chris Waller highlights the technology-driven revolution in payment systems and expresses no fear regarding transactions using distributed ledgers [2] - The Fed considers distributed ledgers important in terms of financial compliance [2] - The Fed believes both public and private sectors can embrace innovations in payments [2] - The Genius Act, recently passed in Congress, is seen as an important step that could help stable coins reach their full potential [3] - AI is being used to advance fraud detection and compliance [3] - The Fed is researching tokenization, smart contracts, and AI in payments [3] Fed's Involvement - The Fed is deeply involved in monitoring innovations in payment systems [4] - This is important for the Fed, which is deeply involved in financial regulation [4]

Cryptocurrency Roadmap & Development - ETH is further along the same roadmap as BTC and can facilitate execution itself [1] - Smart contract platforms can capture a lot of value in the time before BTC issuance stops [1] BTC Future & Challenges - BTC has a few options to survive when issuance stops: remove the 21 million cap, become programmable, or be co-opted by governments [1] - The likelihood of these scenarios occurring is ranked as 3-2-1 respectively [1] ETH Market Position & TradFi Adoption - TradFi is already buying into ETH massively, with recent flows outpacing those into BTC [1] - Discussions about ETH supply under PoS are opening a can of worms for BTC maxis [1]

Contract Verification & Transparency - Blockscout emphasizes the importance of code readability for trust, advocating for verified contracts to enhance inspection, testing, and usability [1] - Blockscout has expanded contract verification to key system pre-deploys after Pectra, enhancing visibility and usability within the explorer [1] Platform Enhancement - Blockscout's updates aim to provide more context and improve usability for users [1]

Investor Presentation www.bit-digital.com @BitDigital_BTBT August 2025 1 Investor Notice bit-digital.com Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024, and any subsequently filed Quarterly Reports on Form 10-Q and any Current Reports on Form 8-K. If any materia ...

Core Viewpoint - NWTN Inc. has announced significant corporate changes, including a name change to Robo.ai Inc. and the appointment of a new independent director, reflecting its strategic direction in the intelligent technology sector [2][3]. Group 1: Corporate Resolutions - The shareholders adopted a special resolution to change the company's name from "NWTN Inc." to "Robo.ai Inc." [2] - An ordinary resolution was passed to appoint Yehong Ji as a new independent director of the company [2]. - A special resolution was approved to amend and restate the company's Memorandum and Articles of Association to reflect the name change [2]. - A special resolution authorized any director or executive officer to take necessary actions to implement the approved resolutions [2]. - An ordinary resolution was passed to allow the chairman to adjourn the meeting if necessary for further solicitation of votes [2]. Group 2: Future Actions - The company expects to complete the registration procedures for the name change soon and will issue a press release to inform the market when the change takes effect [3]. Group 3: Company Overview - NWTN Inc. is a UAE-headquartered global intelligent technology company focusing on smart mobility, smart manufacturing, and smart contracts [4]. - The company aims to expand its smart technology ecosystem across markets including MENA and Southern Europe, driving sustainable development through technological innovation [4].

Cryptocurrency Market - Ethereum 面临着挑战，曾经是智能合约领域无可争议的领导者 [1] - Ethereum 的最初精神可能会带来复兴 [1] Documentary Focus - Cointelegraph 制作了一部关于 "以太坊的灵魂之战" 的纪录片 [1] - 该纪录片探讨了 Ethereum 是否能够重回巅峰 [1]

Challenges and Competition - Ethereum faces challenges from faster, cheaper Layer 1 blockchains, creating misaligned incentives due to its dependence on Layer 2 solutions [2] - Alternative Layer 1s have threatened Ethereum's position, impacting its perception and dominance as the go-to smart contract blockchain [2][10][11] - Ethereum's valuation experienced a downturn, raising concerns about the Layer 2 ecosystem [11] - There are concerns that the Ethereum Foundation (EF) may be moving too slowly and that changes may be "too little, too late" [26] Ethereum Foundation and Community - Longtime developers are pressuring the Ethereum Foundation for more activity, accountability, and transparency [4] - The Ethereum Community Foundation was formed to address areas where the EF has not delivered [15][27] - The Ethereum Foundation introduced an 18-month treasury policy to manage its $970 million reserves [25] - The EF began staking ETH and deploying assets, including depositing 45,000 ETH to Aave and Compound, to generate sustainable revenues [26] Technological Advancements and Future Focus - The Pectra upgrade in May 2025 introduced 11 Ethereum Improvement Proposals (EIPs) aimed at improving scalability, user experience, and staking efficiency [36] - Layer 2 transaction fees dropped by more than 90% due to the Denkun upgrade, which introduced blobs [37] - The industry is focusing on interoperability, tooling, and standards to create a unified Ethereum ecosystem [39] ETH Price and Institutional Adoption - The price of ETH is considered integral to the security of Ethereum, as it funds validators [5][14][15] - Wall Street firms' on-chain holdings are worth more than $18 billion midway through 2025, signaling institutional interest [21] - Bitmine doubled down on an Ethereum Treasury reserve strategy, now holding over 566,000 ETH [56] - Sharpink Gaming announced a $425 million private equity deal to launch an ETH-based corporate treasury strategy [57] Real World Assets (RWA) and Tokenization - Over 90% of tokenized real-world assets are being built on Ethereum [46] - Robinhood launched its own Ethereum-based Layer 2 aimed at RWA and securities tokenization [47]

Market Position - Ethereum once held the undisputed leadership in smart contracts [1] - Competition from new Layer 1 blockchains and reliance on Layer 2 solutions pose significant challenges to Ethereum [1] Core Values - The core principles of autonomy and decentralization are crucial for Ethereum's potential revival [1]