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@TRM_Labs has doubled its valuation to $2 billion after expanding its Series C funding, with annual recurring revenue quadrupling over three years. The company provides blockchain intelligence tools used by over 600 agencies globally. #Update #Crypto $TRM
@USBank successfully completed a cross-border payment using its USBDC stablecoin on the Stellar blockchain, validating its Digital Asset Platform and exploring further digital asset applications. #Update #Crypto $USDC
Bitcoin ($BTC) struggles below $80,000 amid macro headwinds as US-Iran tensions push oil prices above $100; Japanese yen strengthens against the dollar, impacting risk assets. #Update #Crypto $BTC
Bitcoin ($BTC) remains below $80,000, down 0.4% as geopolitical tensions push Brent crude above $100; US Treasury Secretary hints at further yen interventions amid record short positioning. #Update #Crypto $BTC
@CryptoCouncil and @BlockchainAssn seek to block Illinois’ 0.2% crypto transaction tax before its January 2027 implementation, claiming it violates constitutional rights and imposes undue costs on firms. #Update #Legal $BTC $ETH
@CryptoCouncil and @BlockchainAssn seek to block Illinois’ 0.2% crypto transaction tax set for January 2027, citing constitutional violations and potential harm to digital asset firms. #Update #Legal $BTC $ETH
@Tether and Fasanara Capital have launched a $400M private credit fund, StableFund, targeting $3B from institutional investors for asset-backed lending using $USDT in over 60 countries. #Update #Crypto $USDT
The German Federal Ministry of Finance proposed a 25% flat tax on cryptocurrency trading profits starting in 2028, affecting assets acquired after January 1, 2027, with grandfathering protections for earlier purchases. #Update #Crypto $BTC $ETH
10 major unsolved crypto mysteries include the identity of Satoshi Nakamoto, the fate of Mt. Gox’s missing BTC, and the disappearance of Ruja Ignatova, with many questions remaining unanswered. #Update #Crypto
@BitMart appointed Alvarez & Marsal as financial adviser, missing its Sept. 9 roadmap deadline; user feedback portal launching within five days amid ongoing scrutiny over asset management. #Update #Crypto $USDT
Italy’s central bank, Banca d’Italia, mandates sanctions screening for cryptocurrency transfers by crypto asset service providers to combat illicit flows amid rising usage by sanctioned entities. #Update #Crypto $BTC
US Senate to vote on the Digital Asset Market Clarity (CLARITY) Act Tuesday; failure could delay regulatory clarity for crypto until 2030 amid shifting political landscape. #Update #Crypto $BTC
@Metaplanet faces shareholder backlash over stock dilution from its 10th Series executive option pool, which expanded to 319.5 million shares; CEO Simon Gerovich promises governance review. #Update #Crypto $BTC
@Metaplanet faces shareholder backlash over a 10th Series executive stock pool expansion, raising concerns of dilution. CEO Simon Gerovich pledges to review governance policies amid criticism. #Update #Crypto $BTC
