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Pineapple Financial Plans to Put $1B in Mortgage Records on Injective
Pineapple Financial plans to put $1 billion in mortgage records on Injective and eventually bring more than $10 billion in historical loans onchain, converting thousands of files into blockchain-based records.
National Sheriffs’ Association Withdraws Opposition to Clarity Act
The National Sheriffs’ Association has ended its opposition to the Clarity Act, Bitcoin Magazine reported. The organization previously opposed the bill, but the source gave no reason for the change or market-impact details.
Bitcoin ETFs post biggest inflow day since January at $731 million
Bitcoin ETFs attracted $731 million on Thursday, their largest daily inflow since January. Every fund rose almost 6%, while combined net assets topped $103 billion for the first time. BlackRock’s IBIT took well over half of the inflows.
OpenAI Commits $1 Billion to Cyber Defense After Astra Zero-Day Breakthrough
OpenAI is putting $1 billion behind cyber defense and subsidizing access to its Daybreak platform after saying Astra can find previously unknown software flaws and turn them into working attacks.
French Hill Sees Bipartisan Route for Clarity Act Before September Vote
French Hill said Democrats and Republicans have narrowed their differences over the Clarity Act, raising the prospect of bipartisan progress before a September vote, Bitcoin Magazine reported.
Hyperliquid Treasury Company Raises Token-Buying Target to $2.5 Billion as Share Capacity Shrinks
A Hyperliquid treasury company has raised at least $763.7 million and lifted its token-buying strategy to $2.5 billion. Filings leave up to $236.3 million before discounted share sales hit a Nasdaq cap.
Bitcoin’s next $80,000 breakout has $47 billion more profitable supply to absorb
Glassnode data shows 68% of Bitcoin’s circulating supply is profitable near $77,381, up from 65% in May. The increase represents roughly 600,000 BTC, valued at about $47 billion, that could be sold at a gain.