Crypto News
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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.
CoinDesk
OpenAI’s Navier-Stokes Claim Sparks Dispute Over Credit for $1M Math Problem
NYU mathematician Tristan Buckmaster accuses OpenAI’s Sébastien Bubeck of claiming credit for a Navier-Stokes proof after learning about unpublished work Buckmaster conducted with Anthropic’s Levent Alpöge.
Decrypt
Hunter Biden launches LAPTOP memecoin aimed at TRUMP holders
Hunter Biden is launching LAPTOP, a Base-based memecoin aimed at TRUMP holders. Nearly one-third of its supply could be burned if specified political and market outcomes occur, including a Democratic win in 2028.
CoinDesk
Coinbase-Backed Crypto Bridge to Shut Down as Business Model Fails
A Coinbase-backed cross-chain project is shutting down after saying bridge fees cannot support always-on infrastructure. A planned burn of 303.3 million ROUTE tokens remains pending, CryptoSlate reported.
CryptoSlate
U.S. Inflation, Coinbase’s Deribit Switch: Crypto Week Ahead
CoinDesk’s week-ahead crypto preview for the week starting Sept. 7 highlights U.S. inflation and Coinbase’s Deribit switch. The supplied report provides no further figures, forecasts, timing, or asset-specific implications.
CoinDesk
Why Bitcoin Forecasting Models Can Mistake Market Noise for Signals
CryptoSlate reviews Bitcoin price models ranging from halving-based scarcity and on-chain metrics to power-law charts and AI systems, focusing on the risk that increasingly complex approaches may memorize historical market noise.
CryptoSlate
Dormant Bitcoin Wallets Move $15.7 Million as Early Holder Returns
At least four Bitcoin wallets dormant for roughly a decade moved a combined $15.7 million from August 29 to September 4. One wallet’s $120 holding grew to about $3 million, while coins sent to Coinbase may signal a sale.
Decrypt
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.
Cointelegraph
FinCEN Links $13B in Crypto Scams to Southeast Asia-Based Criminal Groups
FinCEN reported that transnational criminal organizations operating from compounds in Southeast Asia were largely behind digital asset scams targeting US residents, with the activity linked to about $13 billion in cryptocurrency-related scams.
Cointelegraph
Bitquery scan finds 96,000 fake-address outputs in Bitcoin’s unspent database
Bitquery found 96,000 fake-address outputs in Bitcoin’s unspent database, underscoring how data embedded in unspent outputs can create a different infrastructure burden from repeated OP_RETURN use.
CryptoSlate
Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount
Bitcoin’s correlation with gold has reached a six-year high, Bitcoin Magazine reports, as concerns over currency debasement and confidence in the U.S. dollar shape trading in both assets.
Bitcoin Magazine
Yen Strength Supports Bitcoin as Dollar Weakens
A stronger yen is contributing to broad U.S. dollar weakness and a lower Dollar Index, a backdrop that is currently supporting bitcoin and gold, CoinDesk reports.
CoinDesk