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Fed Chair Kevin Warsh struck a hawkish tone on inflation at Jackson Hole, saying more work remains. Traders quickly raised their expectations for a September rate hike after the remarks.
Cointelegraph explores who may face legal liability if a personal AI agent acts unexpectedly and causes real-world harm or financial damage, an open question with potential relevance for technology and digital-asset markets.
Polish Olympic Committee president Radosław Piesiewicz faces charges in a prosecutorial investigation into his ties to collapsed cryptocurrency exchange Zondacrypto, Poland’s justice minister said, according to Cointelegraph.
The Clarity Act has slipped to September, but banks continue building crypto-related infrastructure. A CoinDesk opinion piece says prolonged regulatory uncertainty benefits closed platforms and delays a broader market structure.
Ethena, issuer of the $4 billion USDe token, expects real-world asset perpetuals to become a larger part of its backing than crypto derivatives within 12 to 24 months, as equity perpetuals gain momentum.
SBI is buying a 20% stake in Indonesian online brokerage Ajaib for $270 million. The Japanese financial group plans to use the investment to expand a yen stablecoin and build a blockchain-based cross-border settlement network in Southeast Asia.
Solana is in focus as two major network proposals near passage, inflation is set to decline, leading DATs return, and Charles Schwab offers SOL to clients, according to Decrypt.
California’s Senate passed a bill seeking to block listings of memecoins issued by federal public officials for state residents. Cointelegraph said the proposal cites conflicts of interest and potential “pay-to-play arrangements.”
CoinDesk says Bitcoin is outperforming stocks while correlating more closely with gold. The Aug. 28 market note highlights BTC’s changing cross-asset behavior, with spot gold as the key comparison.
French Bitcoin treasury firm Capital B raised $24.5 million in a private placement backed by Adam Back and TOBAM. Warrant exercises could provide up to another $158 million amid cryptocurrency market uncertainty.
UK police seized 20.21 BTC worth about $1.4 million that was linked to darknet marketplaces active from 2016 to 2019. The Bitcoin’s holder died before the cryptocurrency was forfeited, Decrypt reported.
Bitcoin profitability data has generated a reversal signal previously seen at the start of its 2023 recovery. The CryptoQuant CEO says the pattern suggests Bitcoin’s bear market may be over.
Circle’s USDC will take over Chelsea’s jersey in its first Premier League sponsorship deal. Financial terms were not disclosed, although earlier reports said the club was seeking £65 million annually for the shirt sponsorship.
Bullish is extending a $100 million debt facility to USD.AI to finance loans backed by GPUs used in artificial intelligence infrastructure, CoinDesk reported. USD.AI’s related crypto asset trades under the ticker CHIP.
HMRC’s first breakdown shows 17,600 UK taxpayers declared £1.38 billion in crypto gains. Just 240 crypto millionaires accounted for more than half, with most filers under 55 and 87% men.
Bitcoin briefly touched $81,455, its highest level since May 15, before pulling back as altcoins consolidated. The move coincided with weaker Nasdaq futures and further gains in gold ahead of the weekend.
Visa is expanding its South Korean stablecoin payments strategy through Dunamu, operator of the country’s largest exchange, Upbit. CoinDesk says the move follows a separate agreement with Shinhan Financial.
Judge Rita Lin vacated the Trump administration’s supply chain designation against Anthropic and issued a permanent injunction, rejecting the government’s request for even a seven-day stay in the AI dispute.
