Bitcoin ETFs Snap Nine-Day Inflow Streak as Ethereum Funds Extend Their Run
Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.
CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC
Circle’s wrapped Bitcoin product entered the market with unusually strong institutional credentials and almost no visible scale. The company paired cirBTC with segregated reserves, a federally supervised custodian, direct minting and redemption for…
Strategy’s Bitcoin Is $2.8 Billion in Profit—Is Saylor Teeing Up a Buy?
A Bitcoin rally to around $79,000 lifted the company’s 840,447 BTC roughly $2.8 billion above its cost basis, as Saylor’s “We’re Back” post fueled speculation that Strategy may resume buying.
US treasury relies on stablecoins to fund short-term debt, but they can’t fix its $28B long-bond problem
Stablecoin demand is becoming consequential in the U.S. government debt market, but the maturity of that demand matters more than the headline total. Washington now has two debt-market stories running at once. The federal framework for permitted payment…
Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
BitGo’s NYDIG deal transfers its institutional trading business to the digital-asset custody and trading infrastructure provider, while NYDIG says it is concentrating resources on power, Bitcoin mining and high-performance-computing data centers.…
One mid-tier Bitcoin treasury just gambled its entire BTC reserve on a single 30-day reset price
PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involving 307 BTC. The executed schedule records the unwind cost as added principal rather than cash or USDC. The company’s Aug. 28…
Veteran Bitcoin developer Luke Dashjr exits OCEAN pool – Will hash power follow him to new pool?
OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and three leadership roles at the Bitcoin mining pool. Dashjr resigned as chairman, chief technology officer and director,…
After Their AI Models Hacked Real Companies, AI Labs Call for Stronger Cyber Defenses
More than 100 AI, security, finance, and technology organizations want governments and industry to prepare for attacks powered by increasingly capable models.
Deribit moved 90% of client assets to Coinbase, then killed its daily proof-of-reserves check
Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings. Regulator-required reserve, reconciliation and audit…
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IREN’s AI cloud revenue. The company’s fiscal 2026 results, filed Aug. 27, show Bitcoin mining generated $578.2 million…