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Bitcoin made sharp moves within its local range as US Treasury Secretary Scott Bessent addressed US bond yields. Yields were approaching a new 20-year high during the volatile monthly close, Cointelegraph reported.
Russia’s Sberbank estimates $46.4 billion in crypto trading volume during the first year of the country’s market buildout. Bitcoin is expected to be popular as Russia accelerates crypto regulation.
Bitmine now controls 4.9% of Ethereum’s supply after adding 53,500 ETH, Cointelegraph reported. The purchase marks 65 consecutive weeks of accumulation despite a prolonged crypto downturn and $5.1 billion in paper losses.
Kalshi has permanently banned former congressman George Santos for manipulation, CoinDesk reports. It is the prediction-market platform’s first lifetime ban for a former member of Congress as the industry seeks to address misconduct.
Strive bought 1,800 Bitcoin for $143 million, lifting its holdings to 23,156 BTC and making it the fifth-largest publicly traded corporate Bitcoin holder as crypto markets recover.
Russia’s regulated cryptocurrency exchanges could process more than $46 billion in trading volume during their first year after legalization, based on an estimate from the country’s largest bank, Cointelegraph reported.
CryptoSlate reported that the SEC’s proposed $75 million crypto pathway differs from Congress’s unfinished ancillary-asset framework in eligibility, enforceable investor rights and how overlapping rules would apply.
NYSE owner ICE is partnering with tZERO and taking a stake in the firm as it develops an affiliated market for tokenized stocks. The deal provides transfer-agent and settlement infrastructure for the initiative.
Bitcoin Magazine features a conversation with artist Rupture ahead of his BMAG-presented New York solo exhibition, running September 2–8 at 46 Hester Street and exploring preservation, decay and collecting.
South Korea plans free AI access for every citizen, with three consortia sharing up to 512 state-supplied Nvidia B200 chips. Beta testing is scheduled for September, and the service is expected to offer unlimited tokens.
Two DeFi lenders lost more than $84 million over four days in attacks using variations of a price-manipulation strategy previously targeted by US regulators. Tectonic on Cronos accounted for roughly $75 million, according to GoPlus.
A Bitcoin veteran reportedly sent 20 BTC to a custodian, retrieved the coins, and then deliberately burned them. Cointelegraph says the motivation behind the destruction, worth about $1 million, remains unknown.
Ireland’s new tax-advantaged investment accounts will permit listed stocks, bonds and ETFs but exclude cryptocurrencies. Providers will handle tax reporting to make compliance easier for investors, CoinDesk reported.
Japan’s Financial Services Agency requested a fiscal 2027 tax reform to exempt trust-type stablecoins from mandatory tax filings. Cointelegraph said the regulator expects the change to support their use as transaction tools.
