Odaily News - NYSE-listed Cango reported Q2 revenue of $50.8 million, with BTC mining operations contributing $47.4 million and other business revenue of $3.4 million. As of June 30, Cango held 1,056 BTC, with cash and cash equivalents of $10.1 million and long-term debt of $31.2 million.
In mining operations, Cango phased out lower-efficiency S19 series miners and partially shifted to a hash rate leasing model. As of June 30, the company's self-operated hash rate stood at 19.84 EH/s, with leased hash rate at 7.74 EH/s, totaling 27.58 EH/s in operational hash rate. In Q2, the company mined 656 BTC at an average cash mining cost of $73,313 per coin, down approximately 5% from Q1. Cango also began implementing a BTC hedging strategy to mitigate the impact of price volatility on operating cash flow.
On the AI infrastructure front, Cango's LN mining site in Georgia, USA, completed its retrofitting in early July and now supports up to 3 megawatts of capacity, with room reserved for future expansion. Containerized equipment has been installed, and GPU hardware is arriving in batches. Cango has signed its first AI customer contract and expects to begin recognizing related revenue in Q3.
Additionally, Cango plans to develop both bare-metal GPU hosting and cabinet colocation models simultaneously, though no formal cabinet colocation contracts have been signed yet. The company has deployed test nodes in Texas and along the US West Coast to meet customers' low-latency deployment needs, and is evaluating additional potential sites and the feasibility of self-built facilities.
According to Odaily Meme Flash monitoring, fable's market cap on Robinhood has surpassed $3.18 million.
It is reported that Fable is tied to the "Mars man" narrative, created by Kevin Ngo on Robinhood Chain, and has been dubbed by some community members as the "GOAT of Robinhood." Additionally, the project is said to have been deployed by an AI agent, with claims that Marc from a16z follows related figures, and that fee revenue is used to fund the agent.
"Meme Flash" is curated by Odaily's exclusive AI model, selecting potential hot topics from community discussions. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with meme coins.
Odaily News - Hackers are distributing credential-stealing malware through forged Google Docs files, malicious GitHub repositories, and counterfeit Claude.ai pages, while posing as CoinDesk employees on X to trick users into installing malicious programs. Mac users face threats from Atomic macOS Stealer, while Windows users are served fake Google API Connector updates containing NetSupport RAT and counterfeit Ledger apps. Hackers are also running fake ads on Bing to lure users to counterfeit Claude.ai pages; MacSync and SectopRAT can steal cookies, passwords, seed phrases, and payment card information. Additionally, 16 malicious extensions targeting Chrome and Edge have been discovered that can drain assets from EVM, Solana, and Tron wallets.
Odaily Odaily News: Binance will open Alpha airdrop claims and trading at 19:00 (UTC+8) today. Users holding at least 250 Binance Alpha points can claim the token airdrop on a first-come, first-served basis until the airdrop pool is fully claimed or the event concludes.
Odaily News The UK's National Crime Agency (NCA) has frozen over $13.6 million in funds held in Barclays bank accounts belonging to The Football Association Premier League Limited, the operating entity of the Premier League. The agency obtained a court order from Westminster Magistrates' Court in January 2025, freezing the funds under the Proceeds of Crime Act.
The funds represent the first installment of a four-year sponsorship agreement with Sorare, announced in January 2023, which allowed Sorare to issue digital player cards for the 20 Premier League clubs. Sorare's partnership with the Premier League has concluded as of the 2025-26 season.
Sorare also faces prosecution by the UK Gambling Commission, accused of offering gambling facilities without an operating license. The company has entered three not-guilty pleas, with the trial scheduled for June 2027. Sorare maintains that its game rewards skill rather than chance and denies that it constitutes a gambling product under UK law. (Decrypt)
Odaily News: According to Lookonchain monitoring, an address spent 181 ETH (worth $443K) one month ago to purchase 7.99 million tokens. Subsequently, due to a price decline, the address sold all tokens for 135K USDG, incurring a loss of $308K. These tokens are now worth $3.46 million; had they been held until now, the address could have realized a profit of over $3 million.
Odaily Planet Daily News: BitcoinTreasuries.NET posted on the X platform that Lance Vitanza, an analyst at the $15 billion investment bank TD Cowen, stated that Strive's stock price will rise 33% to $32. The firm noted that its treasury activities have significantly exceeded previous models. TD Cowen expects Strive to hold more than 27,100 bitcoins by the end of 2026.
Odaily News: Russia's Digital Assets Law took effect on September 1, 2026, legalizing regulated cryptocurrency trading nationwide. Retail investors purchasing cryptocurrencies through a single licensed intermediary are subject to an annual cap of 300,000 rubles, approximately $3,700.
The Bank of Russia is responsible for regulating licensed cryptocurrency intermediaries. Exchanges, brokers, and custodians must register as licensed intermediaries and join the self-regulatory organization of the financial market before they can legally provide services to clients.
The Bank of Russia will also determine which digital assets licensed intermediaries may offer. Professional investors are not subject to the 300,000-ruble annual cap, and the ban on using digital assets to pay for goods and services within Russia remains in effect.
Starting September 1, enterprises engaged in foreign economic activities may use cryptocurrency to pay for goods, works, or services in international trade. The full licensing and compliance requirements are expected to be implemented by July 1, 2027. (Bitcoin.com News)
Odaily News: Solana treasury company DeFi Development Corp. (Nasdaq: DFDV) plans to publicly offer floating-rate Series C perpetual preferred stock, aiming to raise up to $20 million. The proceeds will be used to purchase more SOL, other crypto-related investments, and general corporate purposes. Each preferred share is priced at $10, with an initial annual dividend rate of 13%.
Previously, DFDV resumed increasing its SOL holdings last week, purchasing approximately 19,000 SOL at an average price of $98.14. It currently holds about 2.33 million SOL and equivalent assets. (The Block)
According to Odaily Meme Flash monitoring, fable's market cap on Robinhood has surpassed $1.35 million.
It is reported that Fable is associated with the "Martian" narrative and was created by Kevin Ngo on Robinhood Chain. It has been dubbed by some community members as the "GOAT on Robinhood." Additionally, the project is said to have been deployed by an AI agent.
"Meme Flash" is curated by Odaily's exclusive AI model to screen high-potential trending assets discussed within the community. This content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with meme coins.
Odaily News Trader BonkGuy stated that he is bullish on MARSCOIN in the long term and has accumulated over 2% of the token's total supply. After roughly a month of consolidation in the $30 million to $60 million market cap range, MARSCOIN recently launched on Binance Futures, and BonkGuy believes the next step could be a Binance spot listing.
Position data shows that BonkGuy has invested approximately $984,800 in total, currently holding 24.9 million MARSCOIN tokens. The position is valued at around $1.7804 million, with unrealized profits of approximately $815,300, representing a return of about 82.79%.
BonkGuy stated that MARSCOIN previously kicked off the Meme stock narrative on BNB Chain, combining elements such as Musk, CZ, and Mars, while also pairing with SpaceX-linked tokenized stock SPCX and offering SPCX reflection rewards. He believes that if BNB Chain aims to compete with Robinhood Chain for the Meme stock narrative, MARSCOIN will be one of the core assets worth watching.
Odaily News: According to on-chain analyst Ai Yi's monitoring, an address withdrew 44.19 million ENA tokens from Coinbase 4 hours ago, valued at $6.82 million, and staked all tokens into Ethena 3 hours ago.
Odaily News: FUN LONGINUS, the first on-chain game launched by FUNVERSE, will officially go live on the Anubis Chain mainnet at 10:00 UTC on September 1, 2026 (18:00 UTC+8).
Originating from a hackathon, FUN LONGINUS is an Eastern martial arts-themed on-chain game built for the Anubis GameFi ecosystem.
The game adopts the 24 solar terms as its competitive structure. Each round brings together 24 different addresses, with each player using fLGNS to enter the arena. The execution of matches, determination of results, and final settlement are all handled by smart contracts, ultimately crowning one champion.
On August 18, 2026, FUN LONGINUS completed its "Heroes Collective Mint." Based on market prices at the time of writing, the total value of this collective mint exceeded $1.4 million.
This mainnet launch marks FUN LONGINUS's official transition from the hackathon prototype, public beta, and collective mint phases into the on-chain game operation stage.
According to GMGN data, the market cap of Marscoin has rebounded past $70 million, with a 24-hour increase of over 56%.
On the news front, Binance Futures will list the MARSCOINUSDT perpetual contract on September 1, 2026, at 09:45 (UTC), with support for up to 20x leverage and settlement in USDT.
Odaily reminds users that Meme coin prices are highly volatile, and investors should be mindful of the risks.


