OVERTAKE Partners with Walrus Protocol to Advance On-Chain Gaming Asset Ownership

August 14th. The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority have become aware of the recent market fluctuations associated with the concept of stablecoins. The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority strongly advise the public to remain vigilant, carefully assess relevant information, and refrain from making impulsive investment decisions solely based on market speculation or price trends. It is essential for the public to remember to make well-considered and informed decisions in a volatile market environment, as minimizing risk takes precedence. (FX678)

On August 14th, as reported by The Block, the cryptocurrency payment infrastructure company Mesh has successfully completed a new round of fundraising. The specific amount of the funding has not been disclosed yet. The participating investors include PayPal Ventures, Coinbase Ventures, Uphold, ByBit, SBI Japan, Overlook Ventures, Kingsway Capital, Moderne Ventures, and CE-Ventures. This brings the total funding of Mesh to more than $130 million. Five months ago, Mesh raised $82 million in a Series B funding round led by Paradigm.

On August 14th, the latest forecast provided by the Macro Economic Research Team of Goldman Sachs predicts that the Federal Reserve will reduce interest rates by 25 basis points in September, October, and December of 2025, with a total of three rate cuts. This policy adjustment is anticipated to lead the global market towards a lower interest rate environment. Goldman Sachs also forecasts that in 2026, the Federal Reserve will cut rates by another two times, each time by 25 basis points, ultimately bringing the terminal interest rate range down to 3% to 3.25%. BiyaPay analysts point out that against this macroeconomic backdrop, the cryptocurrency market has also demonstrated strength. Bitcoin (BTC) broke through $123,500 and hit a new all-time high, with the current price at $123,536.47, showing a 24-hour gain of 3.01%. However, the market is experiencing significant volatility, so investors should be cautious to manage risks and ensure rational investment. To assist users in better

On August 14th, the Bitcoin mining firm TeraWulf (Nasdaq: WULF) has entered into two 10-year Hosted High-Performance Computing (HPC) agreements with the AI cloud platform Fluidstack. Under these agreements, more than 200 MW of crucial IT load will be provided at the New York Lake Mariner data center. The estimated first 10-year contract revenue is approximately $3.7 billion, and it could reach $8.7 billion if the extension option is exercised. Google will ensure Fluidstack's $1.8 billion lease obligation to facilitate project-related debt financing and will obtain approximately 41 million warrants, which represent approximately 8% of the company.

On August 14th, Canaan Inc. presented its Q2 2025 financial report. During this quarter, the total revenue amounted to 100 million USD, representing a year-on-year growth of 39.5%. The mining revenue achieved a new high of 28.1 million USD, with a year-on-year increase of 201.6%. A total of 284 Bitcoins were mined in Q2, and the average revenue per Bitcoin was 98,866 USD. The gross profit reached 9.3 million USD, reversing the gross loss of 19.1 million USD in the same period of last year. By the end of the quarter, the company's Bitcoin holdings had expanded to 1,483.5 Bitcoins.

On August 14th, according to the market data of Rockflow (https://rockflow.ai/en/crypto-stocks?utm_campaign=blockBeats), the Bitcoin mining company TeraWulf (WULF) saw a surge of more than 28% in pre-market trading and is currently trading at $6.97. Earlier reports showed that TeraWulf had signed two 10-year AI hosting agreements with the AI cloud platform Fluidstack. The expected initial 10-year contract revenue is about $3.7 billion, and it could reach $8.7 billion if the extension options are exercised. Google will guarantee Fluidstack's $1.8 billion lease obligation and receive approximately 41 million warrants, accounting for about 8% of the company.