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Meta is testing robots in its data centers while expanding AI infrastructure. The company says it needs more skilled workers, but employees fear automation could reduce or eliminate some existing roles.
CryptoSlate reported that hackers stole nearly $6 million across six chains after a critical Cosmos-related bug was misjudged for four months. The upstream fix reached release branches hours before the incident, while MANTRA said no tokens were recovered.
Solana validators approved a proposal to double the network’s annual disinflation rate from 15% to 30%. The change is expected to reduce future SOL issuance while leaving Solana’s long-term inflation target unchanged.
Evernorth has received SEC clearance ahead of a shareholder vote on a potential Nasdaq listing. Decrypt reports that the company’s XRP holdings are currently worth less than the amount it paid to acquire them.
Austin and other U.S. cities are considering restrictions on AI data centers amid community concerns about their water and electricity demands. A study has also flagged potential water risks linked to the infrastructure.
An AI firm plans to rebuild an $827 million treasury after selling all its Bitcoin to repay debt. CryptoSlate said a proposed preferred raise covers 1.51% of the target before AI allocations and an 18-month dividend reserve.
Bitcoin dropped below $77,000 after Fed Chair Kevin Warsh renewed higher-rate concerns at Jackson Hole. The move helped drive a $488 million crypto liquidation cascade, with Bitcoin down about 4% over 24 hours.
Capital B raised €21 million from Adam Back and TOBAM to fund further bitcoin purchases. The French treasury company currently holds 3,145 BTC, worth more than $245 million at current prices.
Chelsea FC will put Circle’s USDC stablecoin name on the front of its jerseys for the upcoming season, according to Circle. The sponsorship follows a UK FCA warning to football clubs about cryptoasset promotions.
Ripple has recommended removing over 10,000 lines of unused XChainBridge code from XRPL while Lending Protocol V1.1 undergoes an AI-only review through Sherlock’s Audit Engine ahead of a native lending expansion.
Solana’s “Double Disinflation” proposal passed by a razor-thin margin, reducing future SOL issuance. Kraken nearly blocked the measure, while a separate proposal to burn fees failed, according to Decrypt.
Fed Chair Warsh devoted part of his Jackson Hole speech to AI, calling it a “hinge point in history.” Decrypt identified four key takeaways, while no direct link to AKE was provided.
IBIT regained key weekly options expiries in Q3 after a Tier 2 rule overhaul lowered eligibility thresholds to $25 billion in AUM and 5 million monthly options sides, according to CryptoSlate.
Charles Schwab plans to expand Schwab Crypto beyond Bitcoin and Ethereum by adding Solana, Avalanche and Chainlink. Decrypt reports that the brokerage has not yet provided a launch date for the three tokens.
Bullish is providing USD.AI with $100 million in stablecoin liquidity for loans backed by AI computing infrastructure, according to Cointelegraph. Terms including duration, rates and collateral valuation were not disclosed.
Solana’s first network-wide vote narrowly approved a proposal to double disinflation after Kraken- and Galaxy-linked validators switched sides near the finish. The decision is directly relevant to SOL’s token-supply framework.
IREN shares fell as rising costs from its accelerated data-center conversion weighed on the Bitcoin miner. AI cloud revenue surpassed Bitcoin mining revenue for the first time, shifting the company’s revenue mix toward artificial intelligence.
