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Bitcoin and Ethereum Face a Quantum-Readiness Race as U.S. Supports $300M Hardware Effort
Bitcoin and Ethereum’s quantum-security planning is converging with a U.S.-backed $300 million hardware push. CoinDesk says the current threat is not immediate, but both timelines increasingly point toward 2029.
Euro Stablecoins Face a 300-to-1 Onchain Gap With the Dollar
The euro’s onchain presence remains far below the dollar’s, with euro-pegged stablecoins totaling €711 million and less than 1% of supply. RockawayX’s Ryan Connor points to missing DeFi infrastructure and emerging MiCA-regulated rails.
VerifiedX Opens $15 Million Round for Institutional Bitcoin Infrastructure
VerifiedX launched a $15 million financing round for institutional Bitcoin infrastructure. Cantor Fitzgerald is advising on the transaction, with proceeds intended for BitGo custody, exchange listings and Bitcoin lending programs.
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.
OpenAI Claims AI Agents Solved a $1 Million Mathematics Problem
OpenAI says 10,000 AI agents helped produce a proposed solution to one of the seven Millennium Prize Problems. Mathematicians are now debating how independently the internal model generated the work and whether it can be verified.
Singaporean man pleads guilty to leading $245 million crypto fraud ring
Malone Lam, a 22-year-old Miami resident from Singapore, pleaded guilty to leading a ring accused of stealing 4,100 bitcoin worth $245 million through online scams and home invasions, CoinDesk reported.
Strive’s Bitcoin Purchase Raises Annual Dividend Obligation by $12 Million
Strive issued nearly one million preferred shares to buy Bitcoin, adding $12 million to its dividend obligations. At a 13% rate, SATA payouts imply annual costs of about $130 million, with static cash coverage near 19 months.
Hunter Biden Defends LAPTOP Token Ahead of Wednesday Launch
Hunter Biden defended the LAPTOP token ahead of its Wednesday launch, saying it represents “resilience, redemption and recovery” and will distribute coins to nearly one million wallets that lost money on TRUMP.
Strategy expands STRC repurchase authorization to $2 billion
Strategy doubled its STRC preferred-share repurchase authorization to $2 billion after seven weeks of increasingly large purchases. The shares remained below their $100 stated value as Michael Saylor’s Sept. 8 recovery benchmark arrived.
Metaplanet’s Bitcoin expansion puts executive share plan under scrutiny
Metaplanet shareholders are seeking to cancel roughly 273 million potential shares added to an executive options pool that grew from 46 million to 319 million as the company issued equity to finance Bitcoin purchases.
XRP Ledger Logs Millions of AI Micro-Payments With Limited XRP Buying
CryptoSlate reports millions of AI-agent micro-payments on the XRP Ledger, but limited XRP buying. A September 8 dashboard also recorded 4,125 RLUSD settled, showing payment counts alone do not prove substantial XRP demand.
Strive Adds 1,375 Bitcoin as Preferred Stock Nears $1 Billion
Strive, the Vivek Ramaswamy-founded asset manager, bought 1,375 BTC worth $109 million last week. It was the company’s third consecutive week of growth above 5%, while preferred stock approaches $1 billion.
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.
Circle to Acquire Tazapay in $400 Million Cross-Border Payments Deal
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.