Headlines

Adam Forsyth

Solana sets Sept. 9 date for Transaction V1

Solana Foundation Vice President of Technology Jacob Creech outlined several upcoming Solana upgrades on Aug. 30. Transaction V1 is scheduled for Sept. 9, while the first stage of a network rent reduction is expected during the week beginning Aug. 31. Summary Solana plans to activate Transaction V1 on September 9, increasing transaction size to 4,096…

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Bitcoin mining divide pushes Luke Dashjr out of OCEAN

OCEAN co-founder Luke Dashjr left the Bitcoin mining pool on Aug. 29 after reaching a mutual separation agreement with its parent company, Mummolin Inc. He resigned as chairman, chief technology officer and director. Summary OCEAN co-founder Luke Dashjr resigned as chairman, chief technology officer and director by mutual agreement. Mummolin repurchased all Dashjr’s equity, ending…

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BitGo Buys NYDIG’s Institutional Trading Arm for $7M Cash and $35.5M in Stock

“Institutions increasingly want to work with a trusted partner that can support the full lifecycle of digital assets,” said BitGo’s CEO. Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused institutional trading business. The deal was signed and completed on Thursday and reported on Friday, paying $7 million in cash and about $35.5 million in stock…

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Ripple gives $300K to Nepal and Tibet flood relief

Ripple pledged $300,000 on Aug. 29 to support emergency relief following catastrophic floods across Nepal and China’s Tibet region. Summary Ripple pledged $300,000 to World Central Kitchen and Mercy Corps for Nepal-Tibet flood relief operations. World Central Kitchen’s local restaurant partners are distributing meals across Nepal’s Rasuwa and Nuwakot districts. Mercy Corps is coordinating emergency…

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Stablecoin card spending crosses $10.9B

Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Summary Paymentscan data cited by RedotPay placed cumulative stablecoin card spending above $10.9 billion worldwide overall. July 2026 produced a record month, with card spending exceeding $1 billion for first time. RedotPay predicts annualized spending…

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Is Strategy About to Buy Bitcoin Again?

The company hasn’t announced a new BTC purchase in well over two months. Strategy’s co-founder and former CEO, Michael Saylor, took it to X earlier today to post another cryptic comment, which the community is trying to decipher. Alongside a chart showing that the company’s over 110 BTC purchases made in the past six…

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Kalshi ruling puts CFTC prediction rules at risk

A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities law. Summary Ninth Circuit judges held Kalshi unlikely to block Nevada regulation of sports-event contracts through preemption. The ruling did not invalidate CFTC rulemaking or resolve any future Administrative Procedure…

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