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SOL Strategies Announces Filing of Corrective Disclosure
Newsfile· 2025-11-15 00:54
Core Viewpoint - SOL Strategies Inc. has refiled its interim unaudited condensed financial statements for the three and nine months ended June 30, 2025 and 2024 to correct errors identified by its auditor [1][2]. Financial Statements Summary - The refiled Q3 Financial Statements include a reclassification of $23,588,748 of convertible debentures from long-term to current debt [6]. - A reallocation of $1,414,943 of convertible debentures was made, with $1,414,943 classified as equity within reserves and $5,625,273 classified as a deferred tax liability [6]. - The profit and loss statement was impacted by $20,156 due to accretion changes resulting from the restatements [6]. - The company has retrospectively recognized its August 5, 2025 share consolidation, restating all common shares and per share amounts to reflect this change [6]. Company Overview - SOL Strategies Inc. is a Canadian investment company focused on the Solana blockchain ecosystem, providing strategic investments and infrastructure solutions for decentralized applications [3].
一个被严重低估的高性能AI公链,Bitroot
Sou Hu Cai Jing· 2025-11-15 00:39
Core Insights - Bitroot has evolved from a simple BTC ecosystem asset protocol to a fully functional high-performance Layer 1 blockchain, showcasing significant technological advancements [4][12] - The project has a strong development team, including members from the University of Chile and the original BCH core development team, which enhances its technical credibility [4][12] - Bitroot's architecture features a dual-layer design that separates transaction ordering and network consensus from smart contract execution, addressing traditional blockchain bottlenecks [5] Performance Evaluation - Bitroot's testing network demonstrated impressive performance metrics, achieving over 50,000 TPS in stable conditions and up to 100,000 TPS under stress testing [15][16] - The average block time is 0.4 seconds, allowing for sub-second transaction finality, which is a significant improvement over many competitors [15] - The Gas fee structure is designed to be significantly lower than that of competitors like Solana, making it more economically viable for high-frequency applications [10][15] Technical Innovations - The introduction of a parallelized EVM (pEVM) allows for true transaction-level parallel processing, achieving a performance acceleration of 7.25 times under specific configurations [6] - Bitroot employs a Pipeline BFT consensus mechanism that enhances throughput and reduces latency, achieving an average delay of 300 milliseconds in a 5-node network [8][7] - The architecture supports dynamic sharding and distributed storage, effectively managing state bloat and optimizing resource utilization [5][10] Future Prospects - Bitroot's architecture includes native support for AI applications, positioning it as a forward-looking platform capable of handling decentralized AI inference and edge computing [11] - The project has already accumulated over 60,000 users and 200,000 transactions on its test network, indicating strong initial adoption [12] - The unique economic model and innovative design suggest that Bitroot could play a significant role in the evolution of blockchain technology, challenging existing paradigms [18]
X @Sui
Sui· 2025-11-14 23:04
The industry is taking notice of Mysticeti.@BitMartExchange just did a deep-dive into why builders chose Sui: 400ms latency, 70M+ addresses and a $2B+ TVL.BitMart (@BitMartExchange):SUI @SuiNetwork is one of the fastest blockchains in the industry, and Bitto is about to break it down for you.Their Mysticeti consensus engine dropped transaction latency from 2,200ms to just 400ms. That's an 80% reduction and the lowest latency you'll find anywhere. This is https://t.co/icNiKYD1SV ...
BTCS Reports Record Revenue for the Third Quarter 2025
Globenewswire· 2025-11-14 13:30
Core Insights - BTCS Inc. reported record revenue of $4.94 million for Q3 2025, representing a 568% year-over-year increase and a 78% sequential increase [6][11] - The company achieved a net income of $65.59 million in Q3 2025, primarily driven by a significant increase in the fair value of its Ethereum holdings [6][11] - BTCS's Ethereum holdings reached 70,322 ETH, valued at $291.58 million as of September 30, 2025, marking a 380% increase from Q2 2025 [7][11] Financial Performance - Q3 2025 revenue of $4.94 million was up 568% year-over-year and 78% sequentially, with nine-month revenue reaching $9.40 million, up 437% year-over-year [6][11] - Builder+ revenue was $3.36 million in Q3 2025, a 34% increase quarter-over-quarter and a 730% increase year-over-year [6][11] - Gross margins improved to 22% in Q3 2025 from -2.9% in Q2 2025, reflecting enhanced operational efficiency [6][11] Strategic Developments - The launch of the Imperium business unit marks a significant expansion into decentralized finance (DeFi), complementing existing operations [4][8] - BTCS integrated Aave, a leading decentralized lending protocol, into its operations to enhance liquidity and revenue growth without diluting shareholder value [9][10] - The company has strengthened partnerships with key industry players to enhance its Ethereum-native capabilities [10] Capital Management - BTCS raised over $200 million and launched a share repurchase program, demonstrating a commitment to shareholder value [2][4] - The company strategically utilized both traditional and decentralized financing mechanisms to expand its Ethereum exposure, raising approximately $139 million through its ATM program [13] - Total assets increased by 632% to $298.86 million in Q3 2025, reflecting substantial ETH accumulation [7][11] Operational Insights - Builder+ accounted for approximately 68% of total quarterly revenue, with NodeOps contributing 17% and Imperium representing 15% in its first full quarter [12] - The appreciation of Ethereum contributed to significant unrealized gains, marking the strongest quarter in the company's history [11][13] - The company became the first public entity to issue a dividend and a loyalty reward in Ethereum, enhancing shareholder engagement [14][16]
X @Ethereum
Ethereum· 2025-11-13 20:32
RT Web3Privacy Now (@web3privacy)ETHEREUM PRIVACY ECOSYSTEMOne of the many things we aimed to bring for the upcoming Congress was this map. Focused on end-users first, mapping out as many apps, tools, projects and anything Ethereum and privacy related as possible.For high-res, check here: https://t.co/Z7W5AFjVr5 ...
Bitcoin on Starknet? Why investors poured $276m into the layer 2 blockchain
Yahoo Finance· 2025-11-13 17:01
As investors pour hundreds of millions into Starknet, only one question remains: How long will it last? Starknet is humming once again after months of middling traction during which Ethereum layer 2 rivals, including Arbitrum and Base, pulled farther ahead. Data from DefiLlama shows that investor funds sloshing within Starknet have reached $276 million, more than double the amount in July but still shy of the $428 million peak achieved in May 2024. This bump is in lockstep with a massive reward programm ...
X @Polygon
Polygon· 2025-11-13 16:46
If you're looking for the future of money, follow the stablecoins.They’re flowing through Polygon.Transak (@Transak):Stablecoins are the heartbeat of @0xPolygon.In Q3 2025, USDT and USDC made up over 90% of purchases on the network via Transak, showing how users are turning to Polygon for stable, low-cost onchain payments. https://t.co/2kZY4eMkkD ...
Elon Musk Says Delaware Is "Bleeding Companies" As Coinbase Moves To Texas - Coinbase Global (NASDAQ:COIN)
Benzinga· 2025-11-13 14:57
Coinbase Global Inc. (NASDAQ:COIN) announced plans on Wednesday to leave Delaware and reincorporate in Texas, sparking sharp reactions from tech and finance leaders.Coinbase Exits Delaware For TexasChief Legal Officer Paul Grewal said the move "was not made lightly," describing it as a step to protect customers, employees, and shareholders. He said the company wants a fairer, more predictable business environment and credited Texas for offering a "builder-friendly" legal framework.CEO Brian Armstrong praise ...
Intchains Group Limited To Acquire a Proof-of-Stake Technology Platform, and Expand Blockchain Infrastructure Capabilities
Globenewswire· 2025-11-13 12:00
Core Viewpoint - Intchains Group Limited has signed a definitive agreement to acquire a Proof-of-Stake technology platform for $1.3 million, enhancing its capabilities in the blockchain space and positioning the company for growth in decentralized finance [1][2]. Group 1: Acquisition Details - The acquisition involves a PoS technology platform currently operated by DxPool, which will be rebranded under Intchains after the acquisition [1]. - The acquisition is expected to close in approximately 30 business days, contingent on meeting relevant closing conditions, and will not include any of the seller's debts or liabilities [1]. - The target consists primarily of intangible assets, including systems, technological infrastructure, and existing customer relationships necessary for staking operations [3]. Group 2: Strategic Importance - This acquisition represents a strategic step for Intchains to build long-term shareholder value by expanding into high-margin, technology-driven services to meet the growing demand for cryptocurrency staking [2]. - The addition of the PoS platform will diversify Intchains' technology offerings and contribute to its business ecosystem, which includes altcoin mining and Web3 application development [4]. Group 3: Future Plans - Upon completion of the acquisition, Intchains plans to leverage the new PoS platform alongside its existing FalconX platform to stake a significant portion of its ETH holdings, which currently includes 1,000 ETH, representing approximately 11.3% of its total ETH treasury [5]. - The company aims to maximize staking returns and diversify its ETH holdings as part of its treasury yield-generating strategy [5]. Group 4: Leadership Perspective - The Chairman and CEO of Intchains emphasized that the acquisition aligns with the company's strategy to expand its presence in next-generation blockchain infrastructure and enhances its technological capabilities [6].
X @Wu Blockchain
Wu Blockchain· 2025-11-13 02:05
Solana's active addresses have fallen to about 3.3 million, a 12-month low and a sharp pullback from the January peak above 9 million. Despite the decline, the ecosystem continues to expand with new DEXs, prediction markets, and real-world asset protocols. DeFi TVL stands around $10 billion, led by Jupiter, Kamino, and Jito. (The Block) https://t.co/7yI3agYif2 ...