George Santos Bet on Whether He’d Show Up to the State of the Union—Kalshi Just Banned Him for Life
The exchange found the former congressman placed large trades on his own State of the Union attendance, then made false statements to move prices, profiting nearly $18,000.
Bitcoin gains 24% as CryptoSlate price prediction model maps a volatile September
Bitcoin traded near $77,700 today, Aug. 31, putting the largest crypto asset up about 23.5% over 30 days. CryptoSlate’s market signal registered a bullish 68 out of 100 after a late-week pullback. The score measures trailing market conditions.…
XRP ETFs Extend Inflow Streak to 9 Days, Pulling In $1.6 Billion Since Launch
Spot XRP funds have drawn inflows for nine straight days, reaching $1.6 billion in cumulative net inflows even as the token’s price cools.
Russia’s Sberbank Sees $46 Billion in Crypto Trading, Plans Ethereum and USDT-Backed Loans
Deputy Chairman Anatoly Popov told state media that trading could hit 4 trillion rubles in its first year, as the bank prepares to broaden crypto-backed lending once regulators sign off.
Ex-White House Teleprompter Operator Fined for Prediction Market Insider Trading
Gabriel Perez used his access to Trump’s speeches before delivery to bet on “presidential mention market” contracts, profiting more than $107,500 before the CFTC caught up with him.
Polygon Quietly Patched Security Flaws in Two Hard Forks Before Disclosing Them
The Austin and Kyoto hard forks, deployed quietly on the Bor and Heimdall clients before public disclosure, closed denial-of-service and consensus-hardening flaws that Polygon says were never exploited.
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…