・Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US inflation trends.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure.
・The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “pay-to-play arrangements.”
・The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.
・Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the sponsorship berth.
・Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s recovery.
・The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.
・Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a September rate hike.
・OneKey said it reproduced an exploit against an older version of the Ledger app in its lab environment, which Ledger fixed in its Ethereum app 1.22.2, with no user funds lost.
・Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Solana's first network-wide vote went down to the wire, with Kraken and Galaxy-linked validators switching sides before the disinflation proposal narrowly passed.
・Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea's largest exchange.