Bitcoin Holds, Wall Street Stalls as Oil Shock Revives Fed Hike Bets
Bitcoin is defending its golden zone support while the S&P 500 grinds inside its tightest range yet, both waiting on Friday’s inflation report before the Fed’s September 16 rate call.
Visa Taps Onchain Lending to Finance Stablecoin Card Programs
The payment processor giant is pairing payment settlement data with blockchain lending tools to help fintechs and stablecoin-linked card programs access working capital.
Strive Buys $109 Million in Bitcoin, Pushes Preferred Stock Toward $1 Billion
The Vivek Ramaswamy-founded asset manager added 1,375 BTC last week, its third straight week of 5%-plus growth.
Tether-backed crypto exchange freezes withdrawals after $7 million leaves custody
Tether-backed Orionx is shutting down with customer withdrawals frozen after more than $7 million left its custody. The Chilean crypto exchange said a forensic audit found that customer assets had been transferred to wallets outside its control,…
A seven-year-old blockchain is permanently abandoning its own network to seek refuge on Ethereum
Harmony is proposing to shut down the blockchain it controversially restored through a rollback less than three weeks ago. The Sept. 6 plan would end Harmony’s independent network, move ONE to Ethereum, and preserve the token through a snapshot and…
Strong jobs just triggered a hawkish UBS reversal that could pressure Bitcoin through December
UBS’s new forecast of two Federal Reserve rate hikes this year extends Bitcoin’s potential macro headwind through December. The issue reaches beyond September’s decision: investors may have to weigh the cost of holding a non-yielding…
Your LG TV Might Still Be Listening to You—Even When It Looks Like It’s Off
A Gamers Nexus investigation found LG sets scanning every device on a home network and capturing microphone audio with the screen off, four months after LG promised Texas regulators it had cleaned up its tracking.
OpenAI Chief Scientist Warns AI Labs May Need to Slow Down
Jakub Pachocki is calling for mandatory safety standards as OpenAI finds it harder to monitor advanced AI models’ reasoning.
Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network
Ethereum arbitrage generated about $5.24 in builder receipts for every $1 burned in a 30-day sample reported by blockchain data provider Bitquery. Its allocation puts 49.3% of measured surplus toward block assembly, 9.4% toward burned fees and 41.3% with…
Brazilian Banks Expand Crypto Offerings as Regulation Takes Hold
Itaú, Nubank, and Banco do Brasil now sell more than a dozen tokens each to retail clients, even as none of them touch crypto with their own balance sheet.