💰 Trump Media Reports $410M Profit Driven by Crypto Gains
Trump Media & Technology Group (TMTG) reported a net income of $409.7 million for Q3 2026. The company revealed that the bulk of this profit was driven by non-cash gains from digital assets, specifically Bitcoin and Cronos.
The filing identifies $378.1 million in realized and unrealized gains from crypto holdings and pledged assets. Despite the massive paper profit, the core business remains small, reporting only $3 million in quarterly revenue and an adjusted operating loss (EBITDA) of $12.3 million.
Revenue growth was partially supported by $164,000 in Truth.Fi ETF management fees. As of Sept. 30, the company holds $2.5 billion in total assets, which includes a broad basket of cash, equity securities, and digital assets.
#TrumpMedia #Bitcoin #CryptoNews #TMTG
Trump Media & Technology Group (TMTG) reported a net income of $409.7 million for Q3 2026. The company revealed that the bulk of this profit was driven by non-cash gains from digital assets, specifically Bitcoin and Cronos.
The filing identifies $378.1 million in realized and unrealized gains from crypto holdings and pledged assets. Despite the massive paper profit, the core business remains small, reporting only $3 million in quarterly revenue and an adjusted operating loss (EBITDA) of $12.3 million.
Revenue growth was partially supported by $164,000 in Truth.Fi ETF management fees. As of Sept. 30, the company holds $2.5 billion in total assets, which includes a broad basket of cash, equity securities, and digital assets.
#TrumpMedia #Bitcoin #CryptoNews #TMTG
🚨 Lighthouse Issues Urgent Ethereum Security Patch
Ethereum consensus client Lighthouse released the v8.3.3 security patch on Nov. 9. Developers are urging all operators to upgrade their beacon nodes immediately to address undisclosed security vulnerabilities.
The update is classified as high priority, meaning it should be completed within hours or days. This applies to both staking and non-staking users who run a beacon node for data analysis or applications.
While the beacon node patch is urgent, the validator client update for stakers is considered low priority and can wait for the next routine cycle. No active exploits or losses have been reported yet.
Technical details of the flaws are being withheld to give the network time to update. Sigma Prime, the developer, will release full disclosure and security advisories once a majority of nodes are secured.
#Ethereum #Lighthouse #CryptoSecurity #ETH
Ethereum consensus client Lighthouse released the v8.3.3 security patch on Nov. 9. Developers are urging all operators to upgrade their beacon nodes immediately to address undisclosed security vulnerabilities.
The update is classified as high priority, meaning it should be completed within hours or days. This applies to both staking and non-staking users who run a beacon node for data analysis or applications.
While the beacon node patch is urgent, the validator client update for stakers is considered low priority and can wait for the next routine cycle. No active exploits or losses have been reported yet.
Technical details of the flaws are being withheld to give the network time to update. Sigma Prime, the developer, will release full disclosure and security advisories once a majority of nodes are secured.
#Ethereum #Lighthouse #CryptoSecurity #ETH