Coinbase’s $104M US500 trading spike hits an early reality check
Coinbase US500 futures reached a $100 million milestone, giving the exchange an early test of whether a crypto-native trading mechanism can travel into regulated US equity markets. The chart attached to Armstrong’s Aug. 28 post tracked trailing 24-hour…
Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks
Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, Bitcoin developer Luke Dashjr told SHA-2 miners to stop mining ahead of an Aug. 30 test that would replace Bitcoin’s SHA-256d…
The next currency crisis may be harder to contain because of stablecoins, New York Fed report shows
A New York Federal Reserve study found that dollar stablecoins are more likely to flow into wallets tied to countries experiencing currency or banking crises. Wallets linked to countries experiencing some form of financial crisis were 1.8% more likely to…
Bitcoin’s 7 million coin quantum problem just reached the US Treasury
The US Treasury has formally brought digital assets into the financial sector’s preparations for quantum computing threats. On Aug. 24, the US Treasury launched its Quantum-Readiness Task Force, with one of three workstreams dedicated to digital assets…
AI scammers no longer need to hack your wallet if they can convince you to use it for them
Reported losses from deepfake scams in 2026 have already exceeded last year’s total by 263%, according to TRM Labs, highlighting a growing crypto security problem in which attackers increasingly manipulate authorized users rather than break…
Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity
Bitari Inc., a Bitcoin mining host pursuing a planned Bitcoin mining IPO and Nasdaq listing, is asking public buyers to provide nearly all of the consideration shown in its prospectus table while receiving about 10% of the company after the deal. The…
Inside transfer wipes out $1M executive debt as crypto firm offloads payments business without independent valuation
RocketFuel Blockchain transferred substantially all assets used in its payments business to RPay, whose sole director and CEO, Peter M. Jensen, also serves as a RocketFuel director and executive officer. The related-person deal closed Aug. 13 and was…
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production of 15.13 BTC against a June 30 balance sheet. The balance sheet carried $1.21 million of cash and $26.26 million of…
Datavault wants to buy a bank and fund it with $35 million after reporting $1.4 million cash
Datavault AI has agreed to acquire BankWyse, a Wyoming banking institution, while promising funding substantially larger than the cash it reported at the end of June. The mismatch leaves a central question for the proposed deal: How can Datavault finance…