operator

Upbit operator Dunamu announced its performance for the second quarter of 2026, with quarterly revenue of 173.5 billion won (approximately 12.3 million USD) and operating profit of 23.5 billion won (approximately 1.665 million USD), a decrease of about 26% and 73% respectively compared to the first quarter.In the first quarter, Dunamu's revenue was 234.6 billion won (approximately 16.6 million USD) and operating profit was 88 billion won (approximately 6.234 million USD). Dunamu stated that the decline in performance this quarter was mainly affected by the overall liquidity contraction in the global digital asset market, leading to weakened investor sentiment.

According to Bloomberg, Kraken operator Payward disclosed that due to a slowdown in industry trading activity, the company's adjusted pre-tax profit for the second quarter of 2026 was $23 million, a 71% decrease from $79.7 million in the same period last year; during the same period, adjusted revenue increased by 17% year-on-year to $508 million.Payward stated that although revenue continues to grow, the overall trading volume in the cryptocurrency market is weak, putting pressure on profitability. Kraken has been continuously expanding its institutional business, derivatives trading, and on-chain services in recent years, but changes in the industry cycle still exert pressure on its core trading business.

According to News1, South Korea will expand the registration review scope of Virtual Asset Service Providers (VASP) to include major shareholders starting from August 20. If there are changes to the major shareholders or the company's legal compliance framework, operators must notify the financial authorities 30 days in advance.The Financial Intelligence Unit (FIU) and the Financial Supervisory Service (FSS) announced the revised registration manual at a briefing held in Seoul for virtual asset service providers and potential operators. The review targets not only the largest shareholders and major shareholders holding more than 10% of shares but also shareholders with special connections to the largest shareholders. If the largest shareholder is a legal entity, the largest shareholder of that entity and its representatives may also be included in the review scope.

According to Bloomberg, Singapore data center operator DayOne has secretly submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC), planning to go public in the U.S. as early as next quarter.The company aims to raise approximately $5 billion, with a listing valuation of about $20 billion; however, relevant details are still under discussion, and the scale and timing of the offering may change.

According to CoinPost, the Financial Services Agency of Japan has announced a partial revision of the "Comprehensive Supervision Guidelines for Major Banks and Others," which will unify the reporting format for cybersecurity incidents across 17 regulatory areas, including cryptocurrency exchange operators.A new "Common Format for Other Cyber Attacks and Related Incidents" has been added, which, along with the existing formats for DDoS attacks and ransomware, constitutes a three-category reporting distinction system. As a transitional measure, non-specific social infrastructure operators may continue to use the old reporting format until the end of March 2027, with the deadline for public comments set for September 7, 2026.

A spokesperson for Nvidia (NVDA.O) responded to market rumors about its accelerated entry into the telecommunications operator market and its search for base station manufacturer partnerships in China, stating that the report is unfounded and the description is inaccurate.Previously, there were reports that Shenzhen Jiaxian Communication Co., Ltd. was involved in the collaborative development of Nvidia's 6GAI-RAN base stations.

According to The Block, Texas Governor Greg Abbott ordered the Public Utility Commission (PUCT) and the grid operator ERCOT to conduct audits on all data center projects in the queue within the state this week. ERCOT subsequently suspended the "Batch Zero" large electricity approval process, which was scheduled to announce results this month.Currently, data center applications account for about 90% of the 474 GW interconnected queue of ERCOT.Bernstein analysts noted in a client report released on Tuesday that this regulatory review will suppress speculative development and compress the supply of new electricity capacity, thereby enhancing the scarcity value of approved electricity capacity, benefiting existing Bitcoin mining companies and AI operators.The report specifically mentioned that Cipher Digital (CIFR), CleanSpark (CLSK), and Core Scientific (CORZ) are significantly affected by the audit, as their recent expansion plans rely on access to the Texas grid; while Terawulf (WULF) has a stronger risk resistance due to its power assets being distributed across multiple states, including Kentucky, Maryland, and New York; Riot Platforms (RIOT) and IREN benefit from already having large-scale approved operating assets in ERCOT.

According to South Korean media Asiae, the operator of the South Korean cryptocurrency exchange Upbit, Dunamu, announced that it has made an additional investment in the medical big data company Inocras through its investment subsidiary Dunamu & Partners, bringing the total investment amount to 14.5 billion Korean won.

According to PR Newswire, stablecoin operator Notabene announced a strategic investment from Ripple, with the specific investment amount not disclosed. The two parties will collaborate on enterprise-level stablecoin payments, including the integration of Ripple's USD stablecoin RLUSD into Notabene Flow B2B stablecoin payment platform.They also plan to further expand the application of RLUSD in institutional payment networks, accelerating the adoption of compliant stablecoin infrastructure by banks, payment institutions, and fintech companies.

According to Jinshi reports, EU High Representative for Foreign Affairs and Security Policy Borrell stated that sanctions have been imposed on over 100 banks and cryptocurrency operators, more than 40 shadow fleet vessels, and several refineries in Russia and Belarus.

According to the Korea Herald, South Korea's financial regulatory agency has issued an investigation report to Upbit's operator Dunamu, initiating sanction procedures. Previously, the company suffered a hacking incident involving 44.5 billion won.Since the incident occurred, the Financial Supervisory Service (FSS) has been investigating whether there were violations of the "Virtual Asset User Protection Act." However, as there are currently no direct penalties for hacking incidents or computer system failures, it remains uncertain whether this will lead to severe disciplinary actions. The Financial Supervisory Service plans to notify the company in advance of the sanction opinion letter, which includes the level of sanctions, after the company provides an explanation. Subsequently, the final sanction measures will be determined by resolutions from the Sanction Review Committee, the Securities and Futures Commission, and the Financial Services Commission.

According to CNBC, the American prediction market platform Kalshi stated that a teleprompter operator is under investigation by the Commodity Futures Trading Commission for allegedly trading prediction contracts related to public speeches by President Trump.

The United States, the European Union, and the United Kingdom jointly announced sanctions against a group involving state-level hacker organizations, cybercrime gangs, and their infrastructure providers. The targets are accused of causing billions of dollars in losses to global businesses, critical infrastructure, and government agencies. Among the most notable is the EU's sanction against the Russian cybercriminal Vitaly Nikolayevich Kovalev (alias "Stern").The EU has identified Stern as one of the core managers of the notorious Trickbot Group ransomware organization, which includes several high-risk ransomware variants such as Conti ransomware and Ryuk. On-chain analysis shows that wallet addresses associated with Stern have received over $300 million in ransom payments, potentially making him the "largest confirmed ransomware operator" to date. According to analysis, the $300 million only represents the profits obtained by Stern personally, and the overall illegal income of the Trickbot group may be much higher.On-chain fund flows indicate that Stern has had transactional connections with multiple ransomware ecosystems, including Ryuk, Conti, Diavol, Karakurt, Royal, and Quantum. Investigations show that Stern plays a role similar to "CEO" within the Trickbot organization, responsible for budget management, personnel recruitment, infrastructure procurement, and attack planning.

According to a report by Bloomberg, documents disclosed by the SEC show that data center operator Csquare plans to go public on the NYSE under the ticker "CSQR," intending to issue 50 million shares at a price range of $23 to $27 per share, with a maximum fundraising scale of $1.35 billion. Based on the upper limit of the issue price, the company's valuation is approximately $4.18 billion.This IPO comes at a time when there is a global expansion cycle for AI computing power and data centers, with continued increasing demand for infrastructure assets in the market.

Data center operator Switch announced the official launch of a $2 billion private financing round, led by a16z. According to insiders, Switch's post-financing enterprise valuation (including debt) may approach $50 billion, with an equity value of approximately $19 billion (excluding new investments). a16z is set to invest about $400 million. Additionally, Goldman Sachs and JPMorgan Chase are also assisting in advancing this financing round, which may prepare Switch for an initial public offering (IPO) as early as next year. Currently, related negotiations are still ongoing, and the scale, valuation, and timing of the financing may still be adjusted.Switch is headquartered in Las Vegas and was founded in 2000. It currently operates data centers in Nevada, Michigan, Georgia, and Texas, with a majority stake held by DigitalBridge. DigitalBridge previously privatized Switch in 2022 in a deal valued at approximately $11 billion (including debt) with investors such as IFM Investors.

Binance Co-CEO He Yi posted on X stating, "Zhu Pan once impersonated others to scam me unsuccessfully, and also impersonated me to scam Brother Sun." Tron founder Justin Sun immediately retweeted in response, saying, "This is absolutely true, the industry should collectively resist such fraudulent behavior and bring it to justice."Meanwhile, CoinUp's official statement regarding recent market discussions about the platform and CPX stated that Zhu Pan is not the operator of the CoinUp platform and does not participate in the core operations of the platform; his identity is merely that of a project party for a project launched on the CoinUp platform. Regarding the recent significant short-term price fluctuations of CPX/USDT, CoinUp stated that it is mainly due to concentrated selling pressure from the market, and the specific reasons are currently being investigated and verified. The platform emphasized that after a comprehensive security check, it has not suffered from hacker attacks or system vulnerabilities, and user asset security and account data integrity are intact, with functions such as deposits, withdrawals, and trading operating normally.

According to official news from CoinUp, regarding recent market discussions about CoinUp and CPX, CoinUp stated that Zhu Pan is not the operator of the CoinUp platform and does not participate in the core operations of the platform; his role is solely as a project party for a project launched on the CoinUp platform.CoinUp also expressed gratitude to users, the community, and the media for their attention and supervision of CPX. In response to the recent significant short-term price fluctuations of the CPX/USDT trading pair, the platform previously announced that this fluctuation was mainly due to concentrated selling pressure from the market, and the specific reasons are currently under further investigation and verification, with updates to be provided in a timely manner based on the progress of the investigation.CoinUp emphasized that after a comprehensive security check of the platform, it has not suffered from hacker attacks, data breaches, or system vulnerabilities; the wallet system, account system, and asset custody are all in a secure and controllable state. The platform's recharge, withdrawal, and trading functions are operating normally, user assets are secure, and account data is complete, with no reported losses of user assets.CoinUp stated that it will continue to improve its risk control monitoring mechanisms, maintain market trading order, and advise users to rely on official channel information, view market fluctuations rationally, and pay attention to controlling trading risks.

Zelle operator Early Warning Services announced that India will be the first country for U.S. users to remit money to overseas friends and family through Zelle, with the service expected to launch by the end of this year. The company also introduced its own dollar-backed stablecoin ZelleUSD (ZLUSD) to support future international payment capabilities in other markets, with more details to be announced in the coming months. Early Warning Services is jointly owned by seven U.S. financial institutions, including Bank of America, JPMorgan Chase, and Wells Fargo.