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NYPD memos sent to Homeland Security warn that Meta’s smart glasses could be used for covert filming inside jails and police facilities, Decrypt reports. The documents highlight potential privacy and surveillance concerns around the devices.
Amar Kuchinad has left cryptocurrency custody firm Copper after serving as CEO since 2024, according to two people familiar with the matter. His departure comes as the company’s search for a buyer enters its fourth month.
Bitmine has added $70 million in Ethereum, taking its holdings to approximately 5.93 million ETH. The company says its position equals roughly 4.9% of Ethereum’s supply, with most tokens staked for rewards.
Circle has agreed to buy cross-border payments firm Tazapay for $400 million, CoinDesk reported. The deal could provide regulated last-mile infrastructure linking stablecoins with traditional local banking systems.
CrowdStrike says its Aug. 31 disruption blocked new malware payloads, but malware already installed can still replace copied crypto payment addresses, leaving users exposed to redirected transactions.
Strive’s SATA is nearing a $1 billion market capitalization as its 13% annualized dividend and resilience around par support fundraising. CoinDesk reports that SATA is outperforming Strategy’s STRC, which continues to underperform.
Visa wants blockchain lenders to use VisaNet data to extend credit to stablecoin issuers. Its stablecoin settlement volume has surpassed a $20 billion annualized run rate, up 15 times year over year.
Cloud customers drove about 74% of a Bitcoin miner’s August production increase, while BTC holdings recovered only part of July’s decline after the company spent millions on compute capacity.
Ethereum is prioritizing quantum resistance and targeting 2029 for protection against a potential quantum computer capable of breaking today’s cryptography. The Ethereum Foundation says future upgrades will be evaluated against that deadline.
Two Prime CEO Alexander Blume says Bitcoin’s rebound may have more room as volatility shorts unwind. Subdued funding rates and ongoing call selling suggest the move is not being driven by excessive speculation.
Bitmine has purchased another $69 million in ETH, while Tom DeMark expects Ethereum’s price uptrend to resume soon. At its current buying pace, Tom Lee’s treasury firm could reach its accumulation goal in about seven weeks.
Decrypt says “the trenches” had their biggest week since TRUMP, while questioning whether the surge signals a local top or more onchain upside. The item relates to JST, TRUMP and STAR.
