Bitcoin Ethereum Quantum Attack Risk Halved
A recent paper indicates that human and AI agents have improved the quantum attack estimate on Bitcoin and Ethereum by 50%, impacting crypto’s quantum security landscape. #Update #Crypto $BTC $ETH
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Bybit Launches European Super-App for Trading
@Bybit has secured an electronic money institution license in Austria and is set to obtain a MiFID license, expanding its offerings in Europe. #Update #Crypto $BTC $ETH
AI Investment Race Sparks Systemic Risks
Pablo Hernandez warns that the AI capital expenditure arms race, fueled by opaque debt, could lead to systemic risks similar to past economic bubbles. #Update #Crypto
Treasury Yields Surge as Bessent Doubles Bond Buybacks
Long-term Treasury yields rise despite a $6 billion buyback amid ongoing debt concerns and increasing oil prices, impacting global bond markets. #Update #Finance
Kraken Parent Company Payward Valued at $21B
@Nasdaq invests $100 million in @Kraken parent company Payward, valuing it at $21 billion, to enhance tokenized, voting-enabled equities for crypto exchange users. #Update #Crypto $BTC
Grain-Backed Loans Launch Onchain with $2 Billion
@Arya.ag is leveraging Avalanche technology to tokenize $2 billion in grain deposits, enhancing verification for agricultural loans. #Update #Crypto $AVAX
Bitcoin ETFs Face Second Straight Outflow
Bitcoin funds experienced a $120 million outflow, more than doubling Tuesday’s losses, while $ETH, $XRP, and $SOL saw inflows. #Update #Crypto $BTC
Bitcoin Futures Launch for U.S. Institutions
The Singapore Exchange (SGX) announces that U.S. institutions can now trade its bitcoin and ether perpetual futures, enhancing access to Asian liquidity. #Update #Crypto $BTC $ETH
Crypto Thrives Post Clarity Act Vote
Coinbase CEO Brian Armstrong stated that the crypto industry will achieve regulatory clarity regardless of the Senate’s vote on the Clarity Act set for September 15. #Update #Crypto $BTC
Tether Launches $400 Million Private Credit Fund
@Tether is launching a $400 million fund with Fasanara to enhance private credit lending opportunities and stablecoin payment infrastructure. #Update #Crypto $USDT
Stock Tokens Clash: Robinhood CEO Responds
@Robinhood CEO Vlad Tenev criticized AMC CEO over stock tokens, asserting public companies shouldn’t control third-party securities tied to their shares. #Update #Crypto $AMC
Treasury Bans Xinbi Guarantee Cyber Scam Hub
U.S. Treasury sanctions Chinese-language platform Xinbi for facilitating crypto transactions linked to criminal networks, marking a significant enforcement action in the crypto space. #Breaking #Legal $USDT
MetaMask Launches as Independent Firm
@Consensys Software Inc. will rebrand as MetaMask, with Ethereum co-founder Joe Lubin as chairman and CEO, while details on an IPO remain undisclosed. #Update #Crypto
Bitcoin and Ethereum Race for $300 Million Quantum Leap
Bitcoin and Ethereum are racing against quantum computing advancements as the U.S. invests $300 million in hardware, with migration plans targeting a 2029 timeline. #Update #Crypto $BTC $ETH