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Hunter Biden’s LAPTOP Token Plunges 98% After $1.6 Billion Debut
LAPTOP surged to about $190 before dropping below $4 within minutes of launching on Base. CoinDesk said the token’s $1.6 billion debut was followed by a 98% loss, while market makers received tokens a week earlier.
U.S. Bank advances USBDC stablecoin plans with live cross-border payment test
U.S. Bank completed a live cross-border payment transaction while exploring its USBDC stablecoin for treasury payments, liquidity management and collateral. CoinDesk reported that the test represents another step toward a possible stablecoin launch.
Shrinking Dollar Reserve Share Does Not Prove Central Bank Bitcoin Buying
A Sept. 2 New York Fed analysis separates currency allocation from changes in total reserve holdings. As a result, a declining dollar reserve share does not establish that central banks are buying Bitcoin or increasing sovereign BTC demand.
Bitmine Adds $70 Million in Ethereum, Reaches 5.93 Million ETH
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.
Ethereum Sets 2029 Target for Quantum-Resistant Security
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.
Ethereum Supply Debate Puts Staking Returns Against ETH Value
EF Protocol is seeking a wider debate on Ethereum issuance. The discussion weighs preserving validator income through unchanged staking rewards against potential dilution for holders who keep their ETH unstaked.
Ethereum’s 2029 Quantum Deadline Is Influencing Its Next Development Priorities
Ethereum’s 2029 quantum-security deadline is influencing upgrade discussions. EF Protocol priorities keep shorter slots and node efficiencies conditional, while a proposal could delay mandatory execution proofs by one fork, CryptoSlate reports.
Proposed LAPTOP Memecoin Draws Backlash From Crypto Traders
A proposed LAPTOP memecoin associated with Hunter Biden has drawn backlash from crypto traders. Kraken deleted a promotional post, while a media group named in the token’s distribution distanced itself from the project.
Vitalik Buterin Sees 60% Chance of Cryptography Breakthrough That Could Challenge Wall Street Middlemen
Vitalik Buterin estimates a 60% chance of a cryptography breakthrough involving three primitives. At least one, probably SNARKs, could arrive by decade-end and potentially weaken traditional Wall Street intermediaries.
White-hat hackers reportedly take 4,000 BTC from Liquid as Bitcoin ETFs post 2026 inflow high
Cointelegraph reports that purported white-hat hackers took 4,000 BTC from the Liquid sidechain in a major breach. Separately, Bitcoin ETFs recorded their strongest three-week inflow period of 2026.