ECB Advances Digital Euro Preparation Phase
The European Central Bank’s report on the digital euro preparation phase highlights offline functionality, privacy mechanisms, and holding limits but lacks final issuance approval. #Update #Crypto
VPNs Banned Utah Leads Age Verification
Utah’s SB 73 mandates age verification for adult content websites, targeting VPN usage to bypass checks, with fines up to $2,500 per violation. #Update #Legal
Bitcoin ETF Battle Grayscale vs Jane Street
Grayscale and CCI support confidential crypto ETF filings to prevent copycats, while A16z and others push for faster SEC reviews without reducing scrutiny. #Update #Crypto
Tether Surges $1.3B Profit Q2
Tether reports $1.3B Q2 profit with $5.2B in excess reserves, reinforcing its position as the largest dollar stablecoin in crypto. #Update #Crypto $USDT
Bitcoin Ethereum ETNs Launch for UK Investors
Hargreaves Lansdown offers nine bitcoin and ether ETNs from Blackrock and others to eligible UK investors, expanding retail crypto access with eligibility checks. #Update #Crypto $BTC
Bitcoin Miner Secures $1.2B AI Deal
Hyperscale Data ceased Bitcoin mining at its Michigan center to accommodate an AI contract potentially worth $1.2 billion over 20 years, transitioning focus to AI infrastructure. #Update #Crypto $BTC
CFTC Dismisses CME Crypto Futures Lawsuit
The US Commodity Futures Trading Commission (CFTC) has filed to dismiss the Chicago Mercantile Exchange’s lawsuit over crypto perpetual futures, claiming CME lacks standing and financial injury. #Update #Legal $BTC
SEC Approves WisdomTree Bitcoin Options
The SEC approved a Cboe Options Exchange rule amendment for options on the WisdomTree Bitcoin Fund, enhancing institutional trading tools without new spot ETF approval. #Update #Crypto $BTC
Robinhood Chain Token Surges 18000 Percent
PONS surged 31.82% to $0.5978, becoming Robinhood Chain’s largest token by market cap, and was added to Binance Alpha on September 2. #Update #Crypto
Chainlink Integrates 600 Banks Onchain
Chainlink integrates with Bottomline to connect 600+ banks to blockchain, targeting $16 trillion annual transactions. LINK price rises 6.4% amid crypto rally. #Update #Crypto $LINK
AI Development Ban Bernie Sanders Bill
Sen. Bernie Sanders and Rep. Greg Casar propose banning artificial superintelligence and pausing advanced AI development, while @OpenAI unveils GPT-6 Astra, potentially qualifying as AGI. #Breaking #AI
USDC Backing Surpasses Circulating Supply
Circle’s latest USDC reserve attestation by Deloitte shows reserves at $34.5B, exceeding circulating supply, backed by U.S. Treasury bills and repo agreements. #Update #Crypto $USDC
USDG Stablecoin Joins Mantle Global Network
@Paxos’ stablecoin $USDG has launched natively on @Mantle, joining the Global Dollar Network. $USDG, with a market cap of $3.18B, will enhance DeFi applications within Mantle’s ecosystem. #Update #Crypto $USDG
OpenAI Launches GPT-6 Astra Nears AGI
OpenAI released GPT-6 Astra, marking a “generational leap” towards AGI with advanced autonomous cybersecurity capabilities. It scored 100% on ExploitBench and found zero-day vulnerabilities. #Update #Tech