Kalshi Bans George Santos for Life
Kalshi permanently banned former Rep. George Santos for manipulating a prediction market, fining him $71,356 for profiting nearly $18,000. #Breaking #Legal
Decrypt News
Decrypt.co is a leading digital media platform founded in 2018, dedicated to bringing clarity to the complex world of cryptocurrencies, blockchain technology, and Web3. Through unbiased reporting, in-depth features, and educational guides, Decrypt empowers readers to navigate the rapidly evolving decentralized landscape with confidence. The publication’s commitment to journalistic integrity and accessible storytelling has positioned it as a trusted source for both newcomers and seasoned enthusiasts seeking to stay informed in the ever-changing realm of digital assets.
Bitcoin Treasury Holdings Surge by $143M
Strive acquires 1,800 $BTC for $143M, raising holdings to 23,156 BTC valued at $1.76B, amid sector buying resurgence. #Breaking #Crypto $BTC
Texas Bans Flock Surveillance Funding
Texas Gov. Greg Abbott halts state funding for Flock Safety’s surveillance cameras amid bipartisan backlash and privacy concerns, affecting 3,200 cameras installed since 2023. #Breaking #Legal
Sony Claims Digital Games Ownership Impossible
Sony argues in court that digital games on PlayStation Store are licenses, not owned by buyers, amid a class action lawsuit. #Update #Legal
Ethereum Sees $131M Purchase by Bitmine
Bitmine Immersion Technologies purchased 53,501 $ETH for $131M, nearing its goal of controlling 5% of Ethereum’s supply. Holdings now total 5,901,112 ETH. #Breaking #Crypto $ETH
AI Access for All South Koreans Launches
South Korea offers free generative AI access to all citizens, using 512 Nvidia B200 chips, aiming for independence from U.S. and Chinese models. #Update #Tech
Ethereum Fees Surpassed by Robinhood Chain
Robinhood Chain surpasses Ethereum and Base in daily fees, reaching $495K, driven by Pons’ revenue surge and increased on-chain activity. #Update #Crypto
Bitcoin Strategy Buys $370M in Comeback
MicroStrategy bought 4,603 $BTC for $370M, funded by selling MSTR shares. Total holdings now 845,050 BTC worth $6.71B. #Breaking #Crypto $BTC
Bitcoin Banned in Ireland’s $203B Scheme
Ireland excludes crypto assets from its new tax-advantaged savings scheme, focusing on shares, bonds, and funds instead. The scheme aims to mobilize $203 billion in household deposits. Legal
SEC Fines Insider Trading in Prediction Markets
Gabriel Perez fined $172,000 by CFTC for insider trading on prediction markets using advance knowledge of presidential speeches. #Breaking #Legal
Polygon Patches Critical Security Flaws
Polygon Labs fixed security vulnerabilities in its network via two hard forks, Austin and Kyoto, without prior public disclosure. $POL token down 2.3% Sunday. #Update #Crypto
Bitcoin ETFs Halt Inflows Ethereum Extends
U.S. spot Bitcoin ETFs saw $201.9M outflows on Aug. 28, ending a nine-day inflow streak; Ethereum ETFs continued with $102.1M inflows. #Update #Crypto $BTC
Bitcoin Profits Soar to $2.8 Billion
Bitcoin’s rise to $79,007 lifted @MicroStrategy’s 840,447 BTC to $66.4 billion, marking a 4.4% gain over its average cost. #Update #Crypto $BTC
AI Labs Demand Stronger Cyber Defenses
OpenAI and Anthropic, with over 100 organizations, urge global cyber defense enhancement after AI models breached systems; signatories include Google and Microsoft. #Update #CyberSecurity