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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.
India’s Financial Intelligence Unit issued non-compliance notices to 15 virtual digital asset service providers over anti-money laundering lapses, CoinDesk reported. The source did not identify the platforms or provide details on potential penalties.
Jack Dorsey’s Block is seeking a US trust bank charter for proposed Builders Bank. The institution would offer federally supervised custody for Bitcoin and stablecoins but would not accept deposits or issue loans.
Bitcoin slipped as Treasury yields moved higher after a Treasury buyback announcement, while the Japanese yen extended its rally and briefly strengthened past 153 per U.S. dollar, CoinDesk reported.
XRP ETFs took in nearly $2 million on Tuesday, while bitcoin, ether, solana and hyperliquid funds saw outflows. Grayscale products accounted for all bitcoin and ether outflows, CoinDesk reported.
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.
Anthropic researcher Coxon resigned after saying on X that AI developers seriously believe the technology could kill humanity before the end of the decade. CoinDesk reported the warning, without detailing a company response or market impact.
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.
U.S. agencies have accused Moonshot, the Chinese company behind Kimi, and five other Chinese AI firms of systematically extracting capabilities from American models. Kimi had rattled markets earlier this year, according to CoinDesk.
Malone Lam pleaded guilty in a $245 million cryptocurrency theft conspiracy. US prosecutors said he organized an international network that targeted crypto holders through social engineering and home break-ins.
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 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.
A Sept. 2 New York Fed analysis separates currency allocation from changes in total reserve holdings. As a result, a declining dollar reserve share does not establish that central banks are buying Bitcoin or increasing sovereign BTC demand.
