Bitcoin Rally Takes Strategy From $9.5B Underwater to $4.7B Paper Profit in 7 Days
Michael Saylor’s Strategy swung an unrealized loss of more than $9.5 billion to a paper profit above $4.7 billion in just seven days. The reversal follows Bitcoin’s climb from the low $60,000s to above $80,000 over the same week, turning the largest corporate BTC holder’s balance sheet from red...
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Monad proposes wallet upgrade that could survive lost keys and quantum attacks
The Ethereum-compatible blockchain wants users to be able to replace the keys controlling an account without changing its address, opening the door to passkeys, recovery tools and post-quantum security....
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Gemini enables XRP transfers via XRPL in Singapore
Gemini users in Singapore can now deposit and withdraw XRP through XRPL, expanding the exchange’s support for Ripple-related assets....
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India to launch first tokenized corporate bonds using digital rupee
India has set plans to launch its first tokenized corporate bonds next month through an REC issue of less than 5 billion rupees ($57 million), with the digital rupee set to settle transactions on blockchain-based infrastructure. Reuters reported on Aug.…...
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U.S. expands Iran crypto sanctions over $100M oil payments
OFAC expanded sanctions to Iran’s crypto sector after alleging over $100 million supported IRGC-linked oil sales since 2023....
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AI Agents Move 3.3M USDC Through Solana x402 Payments
AI agents initiated 3.3 million USDC in payments over x402 on Solana within a single week, highlighting a growing machine-to-machine payment use case for stablecoins. The x402 protocol uses the HTTP 402 “Payment Required” status code to enable internet-native payments for APIs, data, and digital resources. According to protocol...
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Pi Network’s August 24 pricing shakeup: the end of subsidized app building
Pi App Studio drops its flat 0.25 PI fee and moves to usage based pricing. Only apps with real users keep the subsidy. This is the network’s first real filter for quality. The change looks small on paper. Pi Network…...
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Block Bits Capital founder convicted in nearly $1M crypto fraud
A federal jury has convicted Block Bits Capital co-founder Japheth Dillman of wire fraud and conspiracy after prosecutors said more than 20 investors lost nearly $1 million in a fraudulent cryptocurrency trading fund. The U.S. Department of Justice said on…...
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HSBC buys at least $3B in Indian government bonds since July
HSBC’s significant investment in Indian bonds highlights increased foreign interest, potentially boosting India’s financial market stability and growth. The post HSBC buys at least $3B in Indian government bonds since July appeared first on Crypto Briefing....
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US expands Iran sanctions, warns nations to cut ties or face exclusion from dollar system
The expanded sanctions could significantly disrupt global trade dynamics, pressuring nations to reassess their economic alliances and reliance on the US dollar. The post US expands Iran sanctions, warns nations to cut ties or face exclusion from dollar system appeared first on Crypto Briefing....
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