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Capital B raised €21 million from Adam Back and TOBAM to fund further bitcoin purchases. The French treasury company currently holds 3,145 BTC, worth more than $245 million at current prices.
Chelsea FC will put Circle’s USDC stablecoin name on the front of its jerseys for the upcoming season, according to Circle. The sponsorship follows a UK FCA warning to football clubs about cryptoasset promotions.
Ripple has recommended removing over 10,000 lines of unused XChainBridge code from XRPL while Lending Protocol V1.1 undergoes an AI-only review through Sherlock’s Audit Engine ahead of a native lending expansion.
Solana’s “Double Disinflation” proposal passed by a razor-thin margin, reducing future SOL issuance. Kraken nearly blocked the measure, while a separate proposal to burn fees failed, according to Decrypt.
Fed Chair Warsh devoted part of his Jackson Hole speech to AI, calling it a “hinge point in history.” Decrypt identified four key takeaways, while no direct link to AKE was provided.
IBIT regained key weekly options expiries in Q3 after a Tier 2 rule overhaul lowered eligibility thresholds to $25 billion in AUM and 5 million monthly options sides, according to CryptoSlate.
Charles Schwab plans to expand Schwab Crypto beyond Bitcoin and Ethereum by adding Solana, Avalanche and Chainlink. Decrypt reports that the brokerage has not yet provided a launch date for the three tokens.
Bullish is providing USD.AI with $100 million in stablecoin liquidity for loans backed by AI computing infrastructure, according to Cointelegraph. Terms including duration, rates and collateral valuation were not disclosed.
Solana’s first network-wide vote narrowly approved a proposal to double disinflation after Kraken- and Galaxy-linked validators switched sides near the finish. The decision is directly relevant to SOL’s token-supply framework.
IREN shares fell as rising costs from its accelerated data-center conversion weighed on the Bitcoin miner. AI cloud revenue surpassed Bitcoin mining revenue for the first time, shifting the company’s revenue mix toward artificial intelligence.
Bitcoin dropped to $78,630 after Fed Chair Kevin Warsh said he had “more work to do” to fight inflation, then rebounded. The cryptocurrency was recently trading at $79,474, according to Bitcoin Magazine.
Bitcoin fell to $78,400 after failing to break decisively above $80,000. Traders assessed Fed Chair Kevin Warsh’s Jackson Hole speech, which remained cautious about US inflation despite softer recent readings.
Fed Chair Warsh’s first Jackson Hole keynote gave Bitcoin traders no indication of the Fed’s September rate decision. With inflation still running hot, markets remain without clear guidance on near-term monetary policy.
Cointelegraph reports that Bitcoin’s rebound to $80,000 is lifting crypto-related stocks. Circle, Strategy and Solana highlight the roles of capital markets, stablecoins and onchain growth in the sector’s recovery.
BitGo plans to acquire NYDIG IF Holdings, NYDIG’s trading arm, for $7 million in cash and approximately $35.5 million in stock, plus a potential $15 million earnout, CoinDesk reported.
Fed Chair Kevin Warsh struck a hawkish tone on inflation at Jackson Hole, saying more work remains. Traders quickly raised their expectations for a September rate hike after the remarks.
