According to Odaily, blockchain identity verification platform 1 Kosmos has announced the completion of a $57 million Series B funding round led by Forgepoint Capital and Origami's Oquirrh Ventures, with participation from Carahsoft founder and president Craig Abod, NextEra Energy Ventures, Gula Tech Adventures, and the 1 Kosmos management team. 1 Kosmos leverages private, permissioned blockchains to encrypt and store personally identifiable information (PII), helping enterprises transform identity into a business driver and driving the future of identity verification and passwordless authentication. (Businesswire)

According to Odaily Planet Daily, Nasdaq-listed Bitcoin mining company Bitfarms released its second-quarter financial results for the period ending June 30, 2025. The company disclosed the establishment of a second principal executive office in New York City and the launch of a stock repurchase program. In the second quarter, the company sold 1,052 Bitcoins at an average price of $95,500, generating $100 million in gross proceeds and $78 million in total revenue, an 87% year-over-year increase. As of August 11, 2025, the company held 1,402 Bitcoins. (Globenewswire)

According to Odaily Planet Daily, SlowMist founder Yu Xian commented on the Monero 51% attack on the X platform, saying, "It's very interesting that the Qubic mining pool used economic incentive game theory to complete the 51% attack verification against Monero XMR (I believe the starting point was not malicious). This is the theory of $300 million (QUBIC market value) leveraging $5 billion (Monero market value) becoming a reality."

Experts predict that overall US inflation will rise in July as tariff-induced price pressures become more pronounced. Economists expect the Consumer Price Index to rise 2.8% year-on-year, with the core CPI to edge up to 3.0%. Housing and energy prices remain the primary drivers, while increases in household goods, healthcare, and apparel offset declines in car and airfare prices. (Jinshi)

Nasdaq-listed stock and crypto trading platform eToro reported net income of $30.2 million in the second quarter of 2025, compared to $30.6 million in the same period last year. Second-quarter revenue was $2.09 billion, compared to $1.85 billion in 2024. Year-to-date revenue was $5.85 billion, compared to $5.23 billion in 2024. eToro noted that it expanded its cryptocurrency trading business in the second quarter, supporting more than 100 digital assets, and also announced its tokenization strategy during the quarter. (Crowdfundinsider)

According to on-chain analyst Yu Jin (@BuildOnCyber), a multi-signature wallet of Cyber transferred 1.744 million CYBER (about 6.18 million US dollars) to Binance.