Crypto wallet provider Exodus swung from profitability to a $18.6 million net loss in the second quarter, with its management expenses surging 138% year-over-year.
Crypto wallet company Exodus reported second-quarter revenue of $26.2 million, a 2% year-over-year increase, but posted a net loss of $18.6 million, compared with a net profit of $37.7 million in the year-ago period. General and administrative expenses rose 138% year-over-year to $44.7 million. The company noted that its quarterly results include partial contributions from its acquisitions of Monavate and Baanx; monthly active users (MAUs) at quarter-end fell to 1.4 million, a 6.7% sequential drop, while quarterly swap volume reached $1.1 billion, down 8.3% sequentially. (AP News)
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Early access to Trump's tweets: Truth Social plans to sell high-speed data access services to financial institutions.
Per official announcements and reports from outlets like The New York Times, Donald Trump’s Truth Social is selling high-speed data access for posts from key platform accounts to financial services firms via its newly launched Truth API. The API went live on August 1, with the company confirming it has signed over 10 client agreements and the service is already generating revenue. The exact time advantage the API holds over regular users has not been publicly disclosed; Trump Media & Technology Group (TMTG) only says it delivers posts in milliseconds, while Reuters notes the speed is significantly faster than standard push notifications. For high-frequency and algorithmic trading firms, even a time gap of several seconds can create a trading edge.
A Truth Social representative said the Truth API is priced at roughly $60,000 to $100,000 per month. Based on more than 10 clients, the business could generate annual revenue of around $8 million to $13 million. By comparison, Trump Media’s Q2 total revenue was just $1.7 million, meaning the data interface could become a major new revenue stream if clients renew consistently. The core selling point of this service is speed: posts by Trump on Truth Social can impact individual stocks, sectors and even policy expectations for trading firms, so faster access to such content could translate into a trading advantage.
Still, Truth Social is facing traffic headwinds. The Financial Times cited Similarweb data showing its mobile daily active users (DAUs) fell from ~436,000 in July 2025 to ~261,000 in July 2026. The traffic drop will crimp ad growth, but API revenue relies on a small number of high-paying clients, making its business model more aligned with financial data licensing. To date, Trump Media has not separately disclosed the Truth API’s actual revenue. The market will next watch whether the business can keep expanding its client base and deliver verifiable revenue contributions in future earnings reports.
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StonkBrokers has partnered with ve(3,3) DEX UP, and the latter’s token surged more than fourfold in a short period.
StonkBrokers founder SimpleFarmer tweeted that Robinhood Chain-native decentralized exchange (DEX) UP has become its latest special project partner. The ve(3,3) engine will power The Stonk Exchange and Stonk Launcher. As part of the partnership, the team has acquired 3 million UP tokens and paired them with STONKBROKER tokens to provide liquidity. This position accounts for roughly 4% of the circulating supply and is permanently stored in the Safety Deposit Box, non-withdrawable. Voting rights will direct weekly token emissions to the launcher’s token pool and the STONKBROKER trading pair. In response to the news, GMGN data shows UP has surged over 420% in 24 hours, with its total market capitalization now standing at $235 million.
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The first meme coin paired with ANSEM surged 10-fold overnight; STONK, the native token of the leading meme coin platform, jumped more than 60% in a single day to hit a new all-time high.
Following the viral spread of the "coin-stock meme" concept on Robinhood Chain and BSC, hype around this theme is growing rapidly on the Solana blockchain. According to GMGN market data, STONK, the native token of leading coin-stock meme issuance platform SF, rose more than 60% in 24 hours, with its current market cap hitting $12.38 million, a new all-time high since listing. Separately, MANLET, the first meme coin paired with meme coin ANSEM issued by SF, surged sharply yesterday: it jumped over 10 times overnight, with a 24-hour cumulative gain of 2214%, a current market cap of $6.17 million, and 24-hour trading volume of $9.7 million. BlockBeats reminds users that related tokens experience extreme price volatility, so investors should exercise caution.
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US gamers finally grapple with GPU inflation: RTX 50 series surges 39% in two months.
According to leading PC hardware analysis platform Tom's Hardware, retail prices of NVIDIA’s RTX 50 series graphics cards have surged sharply in the U.S. market recently, with mid-range models bearing the brunt of the hikes, as some variants see price increases of up to 39%. Data shows the RTX 5060 Ti 16GB has posted the most dramatic jump: its median price soared from $569.99 two months ago to $804.99 (approximately 5,429 yuan), marking a 39% rise. The RTX 5070’s price growth is equally striking, with its median value jumping from $659.99 to $899.99 (around 6,070 yuan), a 36% increase. This pricing pushes the RTX 5070 well beyond the mid-range tier, bringing it close to the more powerful RTX 5070 Ti.
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