It’s the first week of bitcoin purchases for the Michael Saylor-led company in about two months. www.coindesk.com
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Finance
Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise
by shayaanby shayaanBitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data from …
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Markets
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
by shayaanby shayaanCryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure. www.coindesk.com
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Regulation
Crypto startups have 54 days left to shape the SEC’s proposed $75 million fundraising cap
by shayaanby shayaanA US Securities and Exchange Commission proposal to create two crypto fundraising exemptions had drawn 31 posted public comments as of Aug. …
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Markets
SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia
by shayaanby shayaanThe Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network. www.coindesk.com
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The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of …
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Markets
Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges
by shayaanby shayaanSix decade-old wallets moved $40 million this month, but Galaxy’s data shows dormant coin activity at its lowest since 2022 and 2026 …
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Aave’s live onchain dashboard listed V4 user deposits at $806 million. Deposits jumped by 30% over seven days and reached a new …
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Markets
Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets
by shayaanby shayaanBain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure. …
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Uniswap, the largest decentralized exchange (DEX) by trading volume, recorded 28.9 million swaps last week, the highest weekly total in its history, …