Crypto News
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Capital B targets 376 BTC treasury addition after $8.8 million Adam Back investment
Capital B aims to add 376 BTC to its treasury after an $8.8 million investment from Adam Back. The Euronext Growth Paris-listed firm issued 13,181,030 shares at €0.58 each, with four warrants per share.
CoinDesk
Layer-1 Network Plans 24-Minute Transaction Pause for Supernova Upgrade
CryptoSlate reports that a layer-1 network will activate its Supernova upgrade on Sept. 10 at round 32157661, requiring a 24-minute transaction pause and targeting a 10x speed increase. Public nodes had not yet shown adoption.
CryptoSlate
Robinhood’s tokenized-asset chain is growing fast, but revenue remains difficult to trace
CryptoSlate says Robinhood’s tokenized-asset chain is growing quickly, but apps captured the headline revenue. Robinhood’s disclosed fee split does not show how that activity connects to its corporate accounts.
CryptoSlate
Dropbox Security Breach: Hackers Access Accounts Through Authentication Flaw
Attackers reportedly used victims’ email addresses to create Lenovo IDs, enabling access to existing Dropbox accounts without passwords. Decrypt reported the authentication-related breach, but provided no details on its scale or data impact.
Decrypt
Bitcoin Rally Faces a Historical Test After Strong Monthly Gain
Bitcoin has delivered one of its best monthly performances in years, but Decrypt says historical chart patterns create a potential obstacle. The rally has challenged the crypto winter trend while leaving the outlook technically complex.
Decrypt
Does the Bitcoin rally mean we haven’t wasted our lives in crypto?
Renewed activity in crypto is reviving debate over Bitcoin’s progress and the industry’s decade-long development. Cointelegraph considers whether crypto’s achievements matter, even though they differ from early believers’ expectations.
Cointelegraph
Singapore Reconsiders Rules for Certain Foreign-Issued Stablecoins
Singapore is considering bringing some jointly issued, cross-border stablecoins into its regulatory framework, revisiting an earlier plan focused only on domestic issuance, Cointelegraph reports.
Cointelegraph
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
Strategy has spent $635 million buying back STRC, yet the perpetual preferred stock trades at $97.34, below its $100 par value. SATA has held $100, helped by its higher dividend rate, according to CoinDesk.
CoinDesk
Bitcoin Treasury’s Entire BTC Reserve Faces a Single 30-Day Reset Test
CryptoSlate reports that a mid-tier Bitcoin treasury committed its entire BTC reserve to a 30-day reset structure. The Aug. 25 unwind was added to principal, while a one-time Sept. 24 test determines whether a $75,000 ceiling applies.
CryptoSlate
Sanders Calls for Law to Halt Flock’s AI Surveillance Expansion
Vermont Senator Bernie Sanders said he plans to pursue legislation targeting Flock’s network of more than 120,000 AI cameras, warning that the system is pushing the United States toward a “surveillance state.”
Decrypt
Polygon Labs urges node operators to upgrade after Austin and Kyoto hardforks
Polygon Labs called for an urgent client upgrade after the Austin and Kyoto hardforks addressed block-stall, peer-crash and validator risks. Nodes using older binaries are now outside the network’s canonical consensus.
CryptoSlate
Bitcoin Cools After ETF-Fueled $3 Billion Surge
Bitcoin’s rally slowed Friday after the Federal Reserve chief said inflation was too high. Bitcoin Magazine linked the earlier advance to roughly $3 billion in speculative flows into exchange-traded investment vehicles tied to the cryptocurrency.
Bitcoin Magazine
Visa Expands South Korea Stablecoin Push Through Upbit Operator Dunamu
Visa is expanding its South Korean stablecoin payments strategy through Dunamu, operator of the country’s largest exchange, Upbit. CoinDesk says the move follows a separate agreement with Shinhan Financial.
CoinDesk
Bithumb wins two lawsuits over Bitcoin credited in $40B error
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.
Cointelegraph