Shipyard winds down IPFS work after Protocol Labs ends funding
The funding loss leaves InterPlanetary File System software without dedicated maintainers and puts the future of key public services in Protocol Labs’ hands.…
Las Vegas businessman convicted in $24 million 'AI supercomputer' crypto Ponzi scheme
Brent Kovar has been found guilty of running a crypto Ponzi scheme, defrauding at least 400 investors out of $24 million. Source:CoinDesk
The debt-fueled AI build-out may already be too big to fail
The Federal Reserve’s pandemic corporate credit facilities have capped downside risks and remain part of its tool kit, says BofA Global Source:MarketWatch
A bitcoin short squeeze for the ages as futures open interest collapses
Falling open interest and subdued funding rates suggest the rally remains structurally healthy. Source:CoinDesk
Thailand moves closer to Bitcoin, Ether ETFs with draft rules
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians. Source:Cointelegraph
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. Source:Cointelegraph
Live updates: Bitcoin ETFs draw a seventh straight day of inflows as the rally holds above $80,000
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a…
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge…
Monad proposes wallet upgrade that could survive lost keys and quantum attacks
The Ethereumcompatible blockchain wants users to be able to replace the keys controlling an account without changing its address, opening the door to passkeys,…
Crypto rally spills into dog and cat memecoins as smaller tokens double in a week
Robinhood Chainbased Cash Cat jumped more than 50% in a day, while several smaller animalthemed tokens have gained between 50% and 130% over the past week.…
Bitcoin traders place $2.9 million bet on a rapid price jump above $82,000
Traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm,…
Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning
BTC is up more than 25% on the week after Treasury’s bondbuyback expansion sparked a rally, while Solana led majors Tuesday as validators vote on proposals to…