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Bitcoin
BIS Chief: Stablecoins Still Aren’t Credible Money at Scale
Bank for International Settlements (BIS) General Manager Pablo Hernández de Cos told the Jackson Hole Economic Policy Symposium on August 28 that stablecoins still fail as real money and tokenized deposits should instead carry the bulk of…
A Texas Player Just Let $1 Million Expire. It Was Sitting at a Gas Station the Whole Time
A $1 million Powerball ticket sold at Circle K store #2704686 at 6107 W. Parmer Lane in Austin has now expired after going unclaimed past the Texas Lottery’s August 1 deadline. The ticket matched the five white balls 3, 8, 31, 60, and 65 in…
MEV Explained: Ethereum’s Top Sandwich Bot Made $295M, Then Lost $7.5M
A single Ethereum contract has pulled in more than 117,000 ETH, roughly $295 million at current prices, sandwiching other traders since March 2023, and in June, an anonymous attacker turned its own playbook against it for a $7.5 million…
Bullish Makes $100M AI Credit Bet With GPUs Serving as Collateral
On Friday, the institutionally focused digital asset exchange Bullish announced it has extended a $100 million stablecoin debt facility to USD.AI in order to finance loans secured by graphics processing units (GPUs). Alongside this, the…
Bitcoin Bull Cycle Peak Could Be Driven by Global ETF Demand
Cryptoquant founder Ki Young Ju says bitcoin’s current bull cycle could peak as institutions and ETFs expand beyond the United States. He expects deeper stablecoin liquidity and tokenized asset infrastructure to widen global access.…
Helius CEO Secures Last-Minute Votes to Slash Solana Inflation
SGP-0002, which proposed to double Solana’s disinflation rate from 15% to 30%, passed in the nick of time, as Helius CEO Mert Mumtaz resorted to old politics, contacting validators to change their votes after it seemed the proposal…
Trump-Linked Account Rugs GOLD Token, Nets $312K Profit
An account followed by President Trump launched a Solana token called GOLD this week, then dumped its entire 224.5 million-token stake for a $312,000 profit within hours. A Familiar Playbook, a New Wallet Fifteen wallets were all it took as…
Bitcoin ETFs Snap 9-Day Streak With $202M Exit as Ether Gains $102M
U.S. spot bitcoin exchange-traded funds (ETFs) snapped a nine-day, $3 billion buying streak with a $202 million net outflow on August 28, even as spot ethereum ETFs added another $102 million the same day. A Nine-Day Run Comes to an End The…
Starkware Mines Quantum-Safe Bitcoin Transaction on Mainnet
A quantum-resistant bitcoin transaction using Starkware researcher Avihu Levy’s QSB method has been mined on mainnet without a soft fork or changes to Bitcoin’s consensus rules. The experiment offers an opt-in defense against future quantum…
NFL Returns to Draftkings and Fanduel, Still Shuns Prediction Markets
The NFL signed new multi-year sports betting deals with Draftkings, Fanduel, and Fanatics on Thursday, ending a five-month gap without an official sportsbook partner. All three agreed to bar wagers on injuries and officiating, which the…