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Data: Lido's total expenditure has shown a year-on-year decline since 2021.

Foresight News reported that Lido's strategic advisor Hasu stated on Twitter that Lido's total expenditure has shown a declining trend year by year since 2021, decreasing from $190 million in 2021 to $22.2 million from the beginning of 2025 to now. Since Lido's treasury is primarily held in ETH, non-operating income has exceeded $100 million since 2022, totaling about $40 million. "Personally, I believe this is a strong argument against starting LDO buybacks today, as ETH needs to be sold instead of USD." Additionally, he mentioned that compared to competitors' large incentive programs, Lido's growth budget is much smaller, which is an important reason for its recent decline in market share. Regarding buybacks, Lido.
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The gaming blockchain Ronin plans to transition to Ethereum L2 in the second quarter of next year.

According to Foresight News, the game blockchain Ronin announced on Twitter that it plans to transition to Ethereum L2 in the second quarter of 2026. The transition may occur in phases during the first and second quarters, and could possibly be completed before the second quarter. The official statement indicates that in the future, Ronin will provide applications beyond gaming, with transaction speeds increased by 12 times, and RON staking rewards will be distributed to managing validators and contributors through a new Proof of Distribution model.
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Cardano Foundation DRep changed the vote to "Approve" to support the treasury withdrawal for free CDN.

The Cardano Foundation's DRep changed the vote to "yes", supporting the extraction of 605,000 ADA for the developers' free native asset content distribution network (CDN) proposal. The initial "no" was based on financial concerns, but those concerns were resolved after the NFT CDN team provided additional information. The proposal aims to address the high cost issues for developers and gather data for a sustainable path in the future.
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Bit Digital announces its second quarter financial report: total revenue of 25.7 million USD, Mining revenue of 6.6 million USD.

Bit Digital, Inc.'s second quarter financial report shows that total revenue decreased by 11.7% year-on-year to $25.7 million, but net income was $14.9 million, returning to profitability compared to last year. Revenue from digital asset mining decreased significantly, while revenue from cloud services rose by 32.8% year-on-year. As of the end of June, the company had cash and cash equivalents of $181.2 million, holding 121,076 ETH, valued at approximately $511.5 million.
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Tom Lee: PPI is just a minor issue, every fall since the end of 2022 has been a buying opportunity.

Foresight News reports that Tom Lee tweeted, "Today's 'hot' PPI is just a small matter. Every drop since the end of 2022 has been a buying opportunity."
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Bitcoin and Ethereum fell after the release of PPI data in the United States.

Foresight News reports that Bitcoin and Ethereum dipped after the release of the US PPI data, with Bitcoin dipping to 117717 and Ethereum reaching 4616. The US July PPI year-on-year rate was 3.3%, significantly exceeding the market expectation of 2.5%, marking the highest level since February. The US July PPI month-on-month rate recorded a 0.9% increase, the largest since June 2022.
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CertiK: BtcTurk unusually transferred over $50 million in funds

According to Foresight News and monitoring by CertiK, BtcTurk has shown suspicious fund transfers, with over 50 million dollars being transferred through 3 Wallet Addresses.
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U.S. Treasury Secretary: Will stop selling Bitcoin Holdings.

Foresight News reported that U.S. Treasury Secretary Becerra stated that the Bitcoin reserves are valued at approximately 15 to 20 billion dollars and will stop selling Bitcoin Holdings.
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Canaan Technology's total revenue in the second quarter reached 100 million USD, with mining revenue of 28.1 million USD setting a new historical high.

Foresight News reports that Canaan Technology has released its financial report for the second quarter of 2025, with total revenue reaching 100 million USD, a year-on-year increase of 39.5%; Mining income hit a record high of 28.1 million USD, a year-on-year increase of 201.6%. In the second quarter, a total of 284 Bitcoins were mined, with an average revenue of 98,866 USD per Bitcoin. Gross profit rose to 9.3 million USD, reversing the loss of 19.1 million USD in the same period last year. By the end of the quarter, the company's Bitcoin holdings expanded to 1,483.5 Bitcoins.
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Glassnode co-founder: The BTC fundamentals are ready for the next pump, and PPI data is the next key factor.

According to Foresight News, Negentropic, co-founder of glassnode, analyzes that liquidity is the key driving force behind the next rise of Bitcoin. The fundamentals of Bitcoin are ready for the next rise, but without new capital inflow, it is difficult for the price to break through. PPI data will become the next key factor.
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Coolpad Group: Has developed a four-phase strategic plan for RWA tokenization exploration, currently in the preliminary stage.

According to Foresight News, Coolpad Group, a technology company listed in Hong Kong, announced that the company is currently in the preliminary exploration stage of RWA tokenization and has formulated a four-phase strategic plan. The first phase is feasibility study and planning, expected to be completed in the fourth quarter of 2025. The company will hire legal advisors to assess legal issues, establish asset valuation models, and form an internal technology team to study technical solutions. The second phase will initiate partner selection and architecture design, expected to start in the first quarter of 2026. The third phase plans to conduct technical development and internal testing in the second and third quarters of 2026. The fourth phase will involve regulatory communication and pilot launch, with the timeline to be determined. The company will strictly comply with relevant laws and regulations and will disclose significant progress.
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Budweiser spent approximately 3.778 ETH to sign up for the Budweiser.eth domain.

According to Foresight News, Budweiser spent about 3.778 ETH to register the Budweiser.eth domain name. Previously, in 2021, Budweiser spent 30 ETH to purchase the beer.eth domain.
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Jump Crypto is a contributor to the engineering and network of DoubleZero.

According to Foresight News, Jump Crypto tweeted that it is a contributor to the decentralized network infrastructure layer DoubleZero. Additionally, it is assisting in the launch of the DoubleZero network through contributions to the DoubleZero Testnet and Mainnet Beta networks. The network is set to officially launch this fall.
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