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Share link:In this post: The Philippines has launched a blockchain system on Polygon to track and verify government spending. The system connects the DBM’s internal processes to a public ledger using BYC’s Lumen and Prismo Protocol. This move aims to eliminate document fraud and restore public trust in government financial transparency, with plans to include procurement, inventory, and real-time auditing.
Share link:In this post: Bank of Russia to scrap cards issued by Visa and Mastercard. Russia’s monetary authority is to set expiry dates for the foreign payment cards. The central bank invites Russians to replace their Visas and Mastercards with Russian Mirs.
Share link:In this post: Amazon’s Q2 2025 revenue rose 13% to $167.7 billion, driven by AI and strong AWS performance. Net income increased to $18.2 billion, while operating income hit $19.2 billion, both beating last year’s numbers. Prime Day broke records, new AI tools launched, and satellite and streaming projects expanded.
Share link:In this post: Strategy reported $14.03B in Q2 operating income and $10.02B in net income, driven by Bitcoin gains. The company holds 628,791 BTC at a total cost of $46.07B and saw a $13.2B BTC dollar gain YTD. Over $10.5B was raised via stock offerings in Q2 and July, including IPOs and ATM programs.
Share link:In this post: Apple reported $94.04 billion in Q2 revenue, its biggest quarterly jump since 2021. iPhone revenue rose 13% to $44.58 billion, driven by strong iPhone 16 sales. Mac and Services beat expectations, while iPad and wearables declined.
Share link:In this post: Algorand Foundation has released a roadmap for 2025 and 2026. The Foundation plans to release several products to boost network adoption. ALGO token continues to struggle as it trades more than 30% below the price at the start of the year
Share link:In this post: Figma raised $1.2 billion in its IPO, with shares set to open at $105-$110, up to 233% above the $33 IPO price. The offering was over 40x oversubscribed, marking the biggest US software IPO since SailPoint. CEO Dylan Field retains 74.1% voting power; Figma plans major AI features and acquisitions to compete with fast-growing rivals like Lovable and Bolt.
- 06:04Yesterday, US Spot Bitcoin ETFs Saw a Net Outflow of $114.8 MillionBlockBeats News, August 1—According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs saw a net outflow of $114.8 million yesterday. Among them, Fidelity’s FBTC recorded a net outflow of $53.6 million, while ARKB saw a net outflow of $89.9 million.
- 06:04In July, US spot Bitcoin ETFs recorded a precise net inflow of $6.0126 billion, marking the third-highest monthly inflow in historyBlockBeats News, August 1—According to monitoring by Farside Investors, the precise net inflow into US spot Bitcoin ETFs in July was $6.0126 billion, marking the third highest monthly inflow on record. Bitcoin opened the month at $107,146.51 and closed at $115,764.08, representing an increase of approximately 8.04%, and reached an all-time high of $123,218 during the period.
- 06:04U.S. Spot Ethereum ETFs Record 20 Consecutive Days of Net Inflows, with $17 Million Added YesterdayBlockBeats News, August 1—According to monitoring by Farside Investors, U.S. spot Ethereum ETFs saw a net inflow of $17 million yesterday, marking 20 consecutive trading days of net inflows.