Aave V4 deposits have reached a record $806 million after climbing 30% over seven days, while active loans have increased to $206 million. Summary Aave V4 deposits rose above $800 million within six days of crossing $600 million. Ethereum Core leads the six listed markets with $378 million in deposits. Active EtherFi loans reached $62…
The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances. A bizarre error that mistakenly credited Bithumb customers with roughly 620,000 BTC is now producing victories for the South Korean exchange in court. The Seoul Central District Court has ordered one customer to…
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an…
In MicroStrategy Bitcoin news, MSCI is considering rules that could remove Strategy Inc. from its global equity indexes, potentially adding strain to the financing model behind the company’s Bitcoin holdings. The proposal is not specific to Bitcoin: it focuses on whether companies are primarily engaged in accumulating assets rather than operating businesses, according to Bloomberg….
Trading volume surged nearly 95,000% in 24 hours as traders rushed back into the dormant token, pushing its price up by over 1,600%. Machi Big Brother proposed a $1 million buyout of Friends.Tech on August 27, offering to acquire the stalled project from Racer and Paradigm and relaunch its FRIEND token. The proposal sent…
Radosław Piesiewicz, president of the Polish Olympic Committee, has been arrested and charged with two offenses as prosecutors investigate payments and financial ties connected to the collapsed crypto exchange Zondacrypto. Summary Prosecutors charged Piesiewicz with paid influence and favoring certain creditors over others. Investigators are examining an alleged €40,000 watch and Piesiewicz’s withdrawal of exchange…
In Bitcoin ETF news, Ethereum Staking products are drawing significant attention away from BTC, having become an important feature in crypto exchange-traded products that allow investors to seek blockchain rewards through a brokerage account rather than managing the process directly. 21Shares describes staking as locking up an amount of an asset to verify transactions on…
AI agents would pay for computing power using the token, therefore directly linking its demand to network usage. Arthur Hayes has expanded his thesis for Flop Labs, an AI payment project he announced recently, arguing that AI agents need a form of money that can be exchanged directly for computing power rather than relying…
Truflation has called for the Federal Reserve to cut interest rates after its July forecast came within 0.01 percentage point of the official monthly headline PCE reading and matched the other three published figures. Summary Headline PCE rose 0.2% monthly and remained at 3.7% annually in July. Truflation forecast the published readings five days before…
In Bitcoin news today, a group of cryptography researchers has published a draft specification for SHRINCS, a post-quantum signature scheme for Bitcoin transaction authorization. The draft, authored by conduition, Ethan Heilman, Mikhail Kudinov, Oleksandr Kurbatov, Jonas Nick, and a contributor known as remix7531, describes a hash-based design that combines a compact stateful signing path with…
