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Circle’s USDC will take over Chelsea’s jersey in its first Premier League sponsorship deal. Financial terms were not disclosed, although earlier reports said the club was seeking £65 million annually for the shirt sponsorship.
Bullish is extending a $100 million debt facility to USD.AI to finance loans backed by GPUs used in artificial intelligence infrastructure, CoinDesk reported. USD.AI’s related crypto asset trades under the ticker CHIP.
HMRC’s first breakdown shows 17,600 UK taxpayers declared £1.38 billion in crypto gains. Just 240 crypto millionaires accounted for more than half, with most filers under 55 and 87% men.
About $6.4 billion in Bitcoin options are due to expire in Deribit’s Friday settlement, representing nearly one-fifth of the exchange’s BTC open interest. Max pain is well below Bitcoin’s current trading level.
The Japanese Bitcoin Industry has unveiled Aurora, a Bitcoin and Lightning-focused initiative designed to improve cross-border payments for global fans of Japan’s anime and games market, valued at 2 trillion yen.
Public Citizen estimates investors lost $4.7 billion through Trump-linked crypto ventures, while saying USD1 stablecoin holders have not suffered major losses. The claims draw attention to WLFI, USD1 and TRUMP.
Bitcoin and crypto assets gained with U.S. stocks after Nvidia’s second-quarter earnings beat expectations by about $4 billion. Bitcoin is drawing attention around the $81,000 level as risk assets strengthen.
A memecoin creator linked to nine days of unreleased GTA 6 footage sold his holdings hours before Rockstar’s first official gameplay reveal. The token had reached a $25 million market capitalization.
Mirae Asset founder Park Hyeon-joo outlined plans for a $109 billion crypto business after acquiring Digital X, formerly Korbit. The strategy includes stablecoins, real-world assets and security token offerings.
Unstoppable Domains has dropped plans to bring .crypto and .bitcoin to the standard internet. CoinDesk reports that the abandoned bids would have cost more than $2 million in base fees alone.
Bitfinex Securities has raised $50 million and is preparing a security linked to a Luxembourg-based platform holding a reported $1.6 billion stockpile of high-purity nickel wire, CoinDesk reports.
Bithumb reportedly won two first-instance lawsuits seeking proceeds from users who sold Bitcoin credited during a $40 billion exchange error. The cases concern recovery of funds from the mistaken BTC credits.
