Berachain · 285

Berachain stablecoin HONEY changed its name to Bera USD

In comparison, the Berachain Foundation announced that its stablecoin, HONEY, has completed the rebranding and changed its name to Bera USD (BUSD). The contract address and token itself remain the same; only the name and symbol have been changed. Since token names participate in the EIP-712 domain separation design, permits or off-chain authorizations that were originally signed based on the HONEY name will automatically expire and need to be re-signed. Berachain said that the BUSD related revisions will soon be fully rolled out by all integrators, and more updates will be introduced in the future.

3d ago

BERA treasury company Greenlane released Q2 earnings report: losses of more than $19.1 million, holdings plummeted 77% from cost

Comparatively, at the end of 2025, Nasdaq-listed e-cigarette wholesaler Greenlane Holdings switched to a corporate cryptographic treasury strategy, focusing on Berachain's native token BERA rather than Bitcoin, and followed the Strategy (formerly MicroStrategy) model to accumulate a single asset and disclose each share of assets through equity and debt financing. In October 2025, it completed a private placement of approximately US$117 million for BERA Strategy. By the end of 2025, it held 51.6 million BERAs (cost about US$58 million, market value of about US$36.6 million), and continued to increase its holdings to 81.3 million units in the first half of 2026, with a total cost of about US$70 million. According to the second-quarter report disclosed on August 14, 2026, the net loss was US$24.8 million, of which approximately US$19.1 million came from BERA's non-cash impairment; cash and equivalents fell to US$6.1 million; and US$8.1 million aUSDC and SusdE reserves, and current liabilities of US$6.5 million. As of June 30, BERA's position had a fair value of about $16 million, down about 77% from the cost in less than a year. The traditional e-cigarette business has shrunk to a dropshipping model with almost no revenue, and Proof of Liquidity pledge proceeds are difficult to make up for treasury losses. In March 2026, NASDAQ issued a delisting decision due to the lowest price. The company appealed and resumed compliance on April 27 after implementing a 1 for 8 reverse split in April. There is also a minimum market value of Nasdaq's $5 million listed securities

5d ago

Fixed-rate lending agreement TermMax will conduct TGE on August 25

Comparatively, fixed-rate lending and revolving strategy protocol TermMax announced that the Token Generation Event (TGE) for its governance and utility token TMX is scheduled to be held on August 25, 2026. According to official reports, TermMax currently has more than 90 million US dollars in TVL, more than 1.5 million registered wallets, and more than 90,000 daily active users. It has been deployed on 10 EVM chains including Ethereum, BNB Chain, Arbitrum, Base, and Berachain, and integrated with Morpho, Aave, Venus, Pendle, etc. The total number of tokens is fixed at 1 billion, and rewards obtained through XP, AP, and MP will be claimed after TGE. Details of distribution, lock-up, and staking will be announced in advance. Previously. TermMax is supported by Cumberland DRW, Decima Fund, HashKey Capital, Longling Capital, and MZ Web3 Fund.

8d ago

Wikipedia has less than 7% coverage, how can crypto projects be “hidden” in the AI era?

Author: Shenchao TechFlow Original title: Only 67 of the top 1000 crypto projects by market capitalization have Wikipedia pages. ChatGPT's “understanding” of the crypto industry is being distorted Shenzhen Guide: The crypto communication agency Chainstory audited the Wikipedia coverage of CoinGecko's top 10,000 tokens and found that only 67 of the top 1000 had entries. Wikipedia is the single most cited source for ChatGPT (accounting for about 7.8% of total citations), which means that AI tools have systemic gaps in their perception of the vast majority of cryptographic projects. Neither the $15 billion Hyperliquid nor the $5 billion Sui have Wikipedia pages. The crypto industry is almost non-existent on Wikipedia. According to CoinDesk's July 14 report, a research report published by crypto communication agency Chainstory shows that according to CoinGecko's market capitalization ranking, only 67 of the top 1000 crypto projects have Wikipedia entries, with less than 7% coverage. At a time when AI tools are increasingly becoming the main channel for users to obtain information, this gap is systematically affecting the understanding and presentation of the crypto industry by models such as ChatGPT. Coverage fell cliffside down with market capitalization rankings. From June 1 to 4, 2026, the $15 billion project, Chainstory audited the top 10,000 CoinGecko tokens by market capitalization to verify the existence of entries one by one through the Wikipedia API. The results showed an extreme long-tail distribution: the top 10 tokens in market capitalization had 80% coverage, the top 100 had 40% coverage, the top 500 had only 12%, the top 1000 dropped to 6.7%, and the 1001-10000 tokens had only 0.2% coverage. Out of the entire top 10,000, only 84 tokens have Wikipedia entries. There is no shortage of huge projects on the absentee list. Hyperliquid, a perpetual contract platform with a market capitalization of about $15 billion, has no Wikipedia page; Sui, a Layer-1 network with a market capitalization of about $5 billion, is also absent; Monad Labs (valued at $3 billion) led by Paradigm, Berachain (valued at $1.5 billion) co-led by Brevan Howard Digital, and eigenLayer with a $100 million investment by a16z, None of them have been recorded on Wikipedia. The smallest project with a market capitalization of $15 million and ranked 959th is Firo. As a comparison, Wikipedia includes about 640 fintech companies and more than 7,000 software companies, but only about 80 companies in the crypto and bitcoin categories. Wikipedia is the single most cited source by ChatGPT, accounting for nearly 8%. The reason this coverage gap is important is because Wikipedia's position in the AI information chain far exceeds general perception. Chainstory cites audit data from AI tracking platform Investigations in the report: Of all ChatGPT citation links, about 7.8% point to Wikipedia, and Reddit (1.8%) and Forbes (1.1%), which rank second and third, fall far behind. Of the top 10 most referenced domains by ChatGPT, Wikipedia accounts for about 47.9%. Another research agency, Trakkr's analysis of 3.29 million citation links showed that as of May 2026, Wikipedia had 36.1% of the top 10 ChatGPT citation sources and 25.3% of the top 100 cited sources. Muck Rack's May 2026 study further confirmed that Wikipedia is not only the number one citation source for ChatGPT, but also Claude's second most cited source (after PubMed Central), and the fourth most cited source for Gemini. The report points out that Wikipedia mainly provides conceptual information to AI models, but when users ask questions about specific projects, Wikipedia entries are the core basis for model reasoning...

38d agoburnking#AI #ChatGPT #GPT #Sui #token

Crypto Market Outlook for the Week: Federal Reserve Meeting Minutes to be Released, SpaceX to Be Included in the Nasdaq 100 Index

Comparatively, the crypto market will focus on the minutes of the Federal Reserve meeting, US economic data, and various crypto industry events this week. The macro environment and on-chain dynamics may influence digital asset trends together. On the macro side, the Federal Reserve will announce the minutes of the June FOMC meeting in the early morning of July 9, Beijing time. The market hopes to use this to determine the future interest rate path. In addition, the US ISM service sector PMI, consumer inflation expectations, initial jobless claims, and China's June CPI data will be released one after another. On the industry side, SpaceX will be officially included in the Nasdaq 100 Index on July 7, becoming the fourth index component to hold Bitcoin after Tesla, Strategy, and Mercado Libre. According to the data, SpaceX currently holds about 18,712 BTC, and it is expected to benefit from the passive allocation requirements of index funds after being included in the index. Additionally, US mining company American Bitcoin (ABTC) will resume trading after completing a 1:15 reverse stock split to avoid being delisted by NASDAQ; Berachain will complete the PoL Next upgrade on July 7. In terms of on-chain governance, ENS DAO, Frax DAO, Nexus Mutual DAO, and Arbitrum DAO will all end voting on multiple governance proposals this week. In terms of token unlocking, Hyperliquid (HYPE) will unlock 0.2% of the tokens in circulation on July 6, worth about $30.39 million; RAIN will unlock about 7.64% of circulation, worth about $787 million; and PUMP will unlock about 29.12% of circulation on July 12, worth about $130 million. In addition to macroeconomic data, developments in the Russian-Ukrainian situation and the continued weakening of the yen are also worth watching. Recently, the exchange rate between Bitcoin and the US dollar showed a strong negative correlation with the depreciation of the yen often accompanied the strengthening of the price of Bitcoin.

47d ago

After kelpDAO was attacked, multiple protocols abandoned LayerZero, and $4 billion in assets have migrated to Chainlink CCIP

Comparatively, the security review of cross-chain infrastructure continued to heat up after the KelpDAO attack caused a loss of 292 million US dollars, and assets of about 4 billion US dollars have been completed or are being migrated from LayerZero to Chainlink's cross-chain interoperability protocol (CCIP). DeFi protocol Lombard is the latest project to join this migration wave. The agreement announced the abandonment of LayerZero and the migration of over $1 billion of Bitcoin-backed assets to Chainlink CCIP, and said the move stemmed from a thorough internal security review following the April attack. Lombard's issuance of two Bitcoin-backed tokens — LBTC and BTC.b — will prioritize asset migrations on chains such as Solana, Etherlink, Berachain, Corn, and TAC, while ending the use of LayerZero on Morph and Swell. According to Lombard, the reason for choosing CCIP was its independent node operator, built-in speed limiting mechanism, and audited infrastructure. Additionally, the protocol will use Chainlink's cross-chain token standards to enable cross-chain asset circulation through a destruction and minting model. Previously, Kelp DAO, Solv Protocol, Re, and crypto trading platform Kraken have all completed similar migrations, with the above projects totaling around $4 billion in asset transfers. Chainlink Labs Chief Commercial Officer Johann Eid said, “We are witnessing an ongoing wave of safe-haven migrations within the industry.”

99d ago

Solv Protocol migrates $700 million SolvBTC assets from LayerZero to Chainlink

Comparatively, according to market sources, Solv Protocol announced the migration of more than $700 million in SolvBTC and xSolvBTC from the LayerZero cross-chain bridge to Chainlink's CCIP and deprecate LayerZero support on networks such as Corn, Berachain, Rootstock, and TAC. Solv said the move was based on the latest security reviews and recent cross-chain attacks, using CCIP as the standard cross-chain infrastructure. The migration follows Kelp DAO's move to Chainlink after its LayerZero-based bridge was attacked by around $292 million RSeth. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

107d agoburnking#On-chain dynamics

The crypto industry is tearing apart in K-shape

Source: Token Dispatch Author: Vaidik Mandloi Original title: Crypto's K-Shaped Thesis Compiled and Edited by: BitPushNews has a famous crypto KOL whose screen name is ThreadGuy. He rose to fame in 2021 for teaching people how to trade NFTs. Now he's sitting in his New York apartment with a barrel of US crude oil behind him, trading pharmaceutical stocks and commodities on Hyperliquid. A few weeks ago, he invited Cobie to a live stream. Cobie has been one of the most senior voices in crypto since 2012. He sold his Echo to Coinbase for $375 million and now works full time there. When ThreadGuy asked him about the current state of cryptocurrencies, Cobie described a phenomenon known as a “K-type” dynamic. “A strange K-type phenomenon is happening in the crypto space,” he said. “Cryptocurrency seems to be having extraordinary success, more than any year before. But this success is simply not reflected in the price of assets people can buy.” That sentence has stuck in my mind ever since. Because he's right. Polymarket and Kalshi have become a $44 billion predictive market duopoly. Stablecoins are being used to pay for odd jobs. DoorDash now pays drivers via Tempo. Hyperliquid processes more transactions than most centralized exchanges on its chain built from scratch. Trade XYZ predicts Monday's stock market opening error within 50 basis points. Cryptocurrency was supposed to enable the transfer of funds without banks, the establishment of markets without brokers, and the ability for anyone to trade anything at any time and place. By almost every measure proposed by its critics, it did it. And those who first believed in it, those who held the tokens, got almost nothing. You can't buy shares in Polymarket, you can't buy Tempo. Circle went public, but half of USDC's net spread — it went to Coinbase as a distribution rights fee before shareholders saw a penny. Platforms are winners, but token holders lose every time. This is the K-type theory. As I dug deeper, I realized that it wasn't just a question of encryption. Where is the value flowing? Let's start with stablecoins because they are the real “Product-Market Fit” (Product-Market Fit) of cryptocurrencies. Tether is estimated to have earned $10 billion in 2025 and has only around 100 employees. It's one of the most profitable companies per capita on the planet. Circle is publicly traded and has a market capitalization of $23 billion as of April 28. The stablecoin supply has grown 100 times over the past few years, from $6.8 billion in 2020 to over $315 billion today. The US Treasury even predicted that it would grow to $2 trillion by 2028. This is a real financial infrastructure being built on the crypto track. And for anyone holding a token, the economic relationship to all of this is zero. Tether's profits go to Tether's shareholders. Circle's earnings go to Circle's equity holders and Coinbase (Coinbase took 50% of its revenue simply by putting USDC in front of users). DoorDash pays drivers through Tempo, and the value of this transaction accrues to DoorDash, Tempo, and the driver. Not anyone's token mix. The prediction market tells the same story. Polymarket has gone from being a vertical crypto experiment to being a regular CNN visitor. The Wall Street Journal now uses its data in conjunction with the editorial report. Substack has a direct integration with Polymarket, and authors can embed real-time odds into articles, turning each newsletter into a real-time data terminal. ICE, the company behind the NYSE, invested $80 billion at a valuation of $20 billion. Kalshi won a legal lawsuit with the CFTC,...

114d agoWendy#Kalshi #K-type theory #Polymarket #cryptocurrency #depths #compiling #viewpoints #Predicting the market #starters

Gate Alpha launches the ETF token XAU3L special points airdrop. If you hold the corresponding points, you can be the first to receive 4, 10, or 20 XAU3L

According to the official news, Gate Alpha will launch the 156th ETF token XAU3L special points airdrop at 17:00 (UTC+8) on February 5. This airdrop will use an airdrop mode in the middle and low tier. Users with 100 ≤ Gate Alpha points ≤ 159 can receive 4 XAU3L (0.1 KDK) airdrop tokens and will consume 11 Gate Alpha points; holding 160 ≤ Gate Alpha points ≤ 181 Gate Alpha points can receive 10 XAU3L (0.2 KDK) airdrop tokens, which will consume 13 Gate Alpha Points; holding at least 182 Gate Alpha points can receive 20 XAU3L (receive 0.3 KDK) airdrop tokens and consume 14 Gate Alpha points. Gate Alpha's top 4 gainers today are: TRVL (219.42%), Warehouse (139.82%), Buttons (124.24%), and FINA (92.71%). Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, and enables seamless full-chain token transactions through the contract address search function, opening up cross-chain transaction links, and enabling one-click access to all on-chain tokens.

198d ago

The Middle East Sovereign Fund invested $2 billion in Binance, becoming the strongest backer

Author: Eric, Foresight News Original title: On the morning of January 31, Beijing time, the biggest financier in the coin industry, according to the “Wall Street Journal” quoting people familiar with the matter, four days before Trump's inauguration, a close friend of an Abu Dhabi royal family member secretly signed an agreement with the Trump family to acquire 49% of the Trump family's crypto project World Liberty Financial (WIFI) for 500 million US dollars. According to reports, of Aryam's initial investment of $250 million, $187 million went to two companies under the Trump family, and another $31 million went to entities linked to WIFI co-founders Zak Folkman and Chase Herro. Later, according to a video posted by Fox News on X this morning Beijing time, Trump's response in an interview was somewhat vague: “I don't know; my son and family members are responsible for handling the relevant matters.” The report said that the prolific company is called Aryam Investment, and the investment also made Aryam the largest shareholder of WIFI and the only known investor in the company other than the founder. Behind Aryam is MGX's board chairman Sheikh Tahnoun bin Zayed Al Nahyan (hereinafter Tahnoun). The protagonist of the story, Tahnoun, is the son of Sheikh Zayed Bin Sultan al-Nahayan, the father of the UAE, and the younger brother of current President Sheikh Mohamed bin Zayed Al Nahyan, who manages $1.5 trillion in national assets and private funds. Backed by what is probably the richest family on the planet, MGX, a joint venture between Abu Dhabi's sovereign wealth fund and G42, the UAE's most famous AI technology group, is a huge investment that has never been bad. MGX's core mission is to “build AI infrastructure for the global economy” and is positioned as a long-term, strategic capital provider. Investments are mainly focused on three major directions: AI infrastructure, semiconductors, AI core technology and applications, and a target asset management scale of 100 billion US dollars. In 2025, MGX spent 10 billion dollars in the US, participating in the “Stargate Project,” which includes the 40 billion US dollar acquisition of the data center Aligned Data Centers, the total investment target of 500 billion US dollars, and the financing of AI giants OpenAI, Databricks, Anthropic, and xAI. In March 2025, MGX announced a $2 billion investment in Binance, after which CoinDesk revealed that the investment would be paid in the form of USD1. If the truth is as stated in the Wall Street Journal, then there is a reasonable explanation for MGX's investment in Binance using USD1, a US stablecoin issued by WIFI, and Binance's next two high-yield USD1 financial management activities: it is not MGX's intention to please, but rather that the two companies have common investors. Driven by the combined efforts of the three giants, the circulation of USD1 soared to fifth place in less than a year, surpassing PYUSD issued by FDUSD and PayPal, second only to Ethena's USDe. If you only count centralized stablecoins, USD1 is only inferior to the two “big brothers” USDT and USDC. Additionally, MGX recently held approximately 15% of TikTok's new US entity as a key non-Chinese shareholder. From this perspective, the $2 billion investment in Binance and the 500 million US dollar investment in WIFI can be described as being small compared to MGX and Tahnoon's bets on US technology companies, but the $2.5 billion investment not only occupied the top five seats in the Web3 industry in 2025, but also accounted for more than 10% of the total amount of financing in the industry in 2025. Although not as famous as a16z and Paradigm, in fact, UAE capital began investing heavily in Web3 long before MGX was founded...

200d agoburnking#Aryam #MGX #WIFI #Middle East #Trump #UAE