While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset. Bitmine Immersion Technologies, the largest corporate Ether holder, announced another purchase of the second-biggest crypto, bringing the company closer to management’s goal of accumulating 5% of the total supply. Bitmine acquired 28,086 Ether (ETH) last week, according to a Tuesday announcement, which is currently worth about $69.5 million. The purchase brings Bitmine’s total holdings to 5.93 million Ether acquired at an average price of $2,495 per ETH. Bitmine reported $15.7 billion in total assets, including $593 million in marketable securities, cash, other crypto holdings and 5.1 million in staked ETH, which is expected to generate…
Bitcoin believers see it as an almost certain long-term investment, but retirement demands a different approach. How much crypto exposure is too much for your retirement account? You stack sats. You farm yield, and you’d rather sell your car than part with your BTC. But does that mean you should bank your golden years on Bitcoin? Many retirement industry professional such as MIT finance professor Jonathan Parker say there is a sweet spot level for crypto exposure in a diversified retirement portfolio: Parker, whose research spans portfolio choice, personal finance, retirement finance and Bitcoin, is unusually blunt about where the cryptocurrency belongs. But it’s a view shared by the average citizen.
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys. Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock. Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to a Tuesday filing with the US Securities and Exchange Commission. The company also doubled the size of its Digital Credit Securities Repurchase Program to $2 billion. With no new purchases, Strategy’s holdings sit at 845,050 Bitcoin (BTC), acquired for a total of $63.6 billion, at an average purchase price of $75,412 apiece.
Two suspects face a Wednesday hearing over four killings allegedly linked to a crypto wallet believed to hold millions of dollars in Bitcoin. Two suspects in the killing of four people in Mexico allegedly sought a cold wallet they believed held millions of dollars in Bitcoin, news outlet La Jornada reported on Saturday, citing an update from the Attorney General’s Office of the State of Mexico (FGJEM). Diego Sebastián and Gerardo, whose surnames were withheld, are scheduled for a court hearing on Wednesday, where a judge will determine whether there is sufficient evidence for criminal proceedings against them to continue, reported Diario de México on Sunday. The FGJEM announced the arrests of the two suspects in a Sept. 2 X post.
Tazapay processes $25 billion in annualized volume and offers payout rails across 100-plus markets, extending Circle’s USDC payments reach. Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a deal expected to close in 2027. The transaction will also require customary closing conditions and approval from the Monetary Authority of Singapore, Circle said in a Tuesday announcement. Tazapay has more than $25 billion in annualized payment volume and serves more than 60 banking and fintech partners with local payout rails covering more than 100 markets. The company said in August 2025 that annualized payment volume was $10 billion.
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Uzbekistan has launched a pilot to test payments with a som-pegged stablecoin backed by government securities. On Monday, the National Agency for Prospective Projects (NAPP) said it had registered Humo Digital as a participant in a special regime jointly overseen with the central bank. The pilot will test the issuance, circulation and redemption of HUMO, with each token pegged to one Uzbek som. NAPP said more than 20 merchants are prepared to test HUMO payments for goods and services.
Ledger and Trezor said researchers have a responsibility to publish their findings if vendors fail to fix bugs within an agreed disclosure window. Hardware wallet makers Ledger and Trezor called for more responsible disclosure of security vulnerabilities. In a Monday post on X, Ledger chief technology officer Charles Guillemet said artificial intelligence has made bugs easier to find and exploit. However, some researchers are publishing their findings before fixes are available, a practice he called “attention farming with someone else’s risk.” Guillemet urged researchers to report bugs privately and agree on a timeline for fixes before publishing details. He cited 90 days as a common default, with flexibility depending on the severity of the flaw and the work needed to fix it.
Growing demand for tokenized stock trading may drive the Robinhood chain’s annual fees to $160 million by 2028, predicted analysts from Bernstein. Trading platform Robinhood’s blockchain network is expected to generate as much as $160 million in annual fees by 2028, Bernstein analysts forecast in a Tuesday report shared with Cointelegraph. The analysts cited growing demand for tokenized stock trading on the network, which grew to account for about 27% of the chain’s total trading volume, while native memecoin pairs trading decreased to 36% of network activity, down from 100% at launch on July 1. Bernstein said the growing demand for tokenized stocks on the Robinhood chain is driven by automated market-making pools on Uniswap that pair memecoins with stock tokens and create “reflexive deman…
Unrealized gains by whale speculators hit their highest levels on record last week, per data going back to 2016. Bitcoin (BTC) whales have more reason to sell than at any time in Bitcoin’s recent history as their unrealized profits hit records. Key points:
Cronos’s post-mortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred off-network before validators intervened. Layer-1 blockchain Cronos said $9.19 million left its blockchain before validators halted the network during the Tectonic exploit, providing an official accounting of funds that were not reversed by its rollback. In Tuesday’s post-mortem report, Cronos said manipulated collateral values generated about $120.4 million in borrowing activity. Restoring the network to its pre-exploit state reversed about $111.2 million, leaving 7.6% of the affected funds outside of the network. The disclosure confirms the scale of the incident after earlier estimates placed the amount affected at about $75 million. It also puts the amount transferred off Cronos…
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss franc-based stablecoin. Nine Swiss companies have begun sandbox tests of CHFD, a Swiss franc stablecoin, for programmable payments and digital asset settlement. The pilot will examine whether programmable payments can reduce fraud on online marketplaces, support fair access to event tickets and make public payments more efficient, according to a Tuesday press release shared with Cointelegraph. Financial market operator SIX and payment app TWINT are new participants in the initiative, which launched in April.
AUSTRAC said its yearlong sweep included canceled, suspended and unrenewed registrations, while its action against GetCoins helped disrupt organized investment scams. Australia’s financial intelligence regulator said it canceled, suspended or refused to renew 45 crypto and remittance registrations over the past year as it intensified scrutiny of high-risk payment businesses. On Monday, the Australian Transaction Reports and Analysis Centre (AUSTRAC) said the actions targeted providers that were inactive, insolvent or lacked the capacity to operate. It also cited failures to report material changes, incorrect registrations and cases presenting significant money laundering or terrorism financing risks. AUSTRAC CEO Brendan Thomas said businesses whose registrations were canceled can no long…
The actors returned 85% of the Bitcoin withdrawn from Liquid’s federation wallet following the security incident. Purported white-hat hackers returned 3,400 Bitcoin worth about $270 million to the Liquid Federation wallet after withdrawing roughly $320 million from the Bitcoin sidechain’s reserves. On Monday, JAN3 CEO and former Blockstream executive Samson Mow said the return followed confirmation from Blockstream that the affected bridge nodes had been patched. He said about 598 BTC remains outstanding and that Blockstream continues to engage with the actors. The return follows a Sunday security incident in which hackers withdrew about 4,000 BTC from the wallet’s roughly 4,200 BTC. Onchain records show that exactly 3,400 BTC was transferred back to the federation’s wallet address.
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a directive from the FCA. The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether the regulator would loosen a ban for retail investors, in place since 2019. According to a Friday report from The Times, the FCA is weighing lifting a ban on prediction market platforms like Polymarket and Kalshi for UK-based retail investors. Because prediction markets offer binary options on event contracts, such as for sports, politics and the weather, they fall under an April 2019 ban imposed by the FCA, in which companies were “prohibited from selling, marketing or distribut…
Ethereum’s Hegotá upgrade will center on FOCIL and Frame Transactions as developers weigh dozens of other proposed changes for inclusion. The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the fork’s scope. The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly 60 researchers and engineers across the Foundation’s Protocol cluster. It marks the first time the Foundation’s Protocol cluster has published a unified view of proposed EIPs rather than separate opinions from individual teams. The two must-ship proposals are EIP-7805, known as FOCIL, and EIP-8141, or Frame Transactions, which the Foundation designated as the…
Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin. Hunter Biden, son of former US President Joe Biden, announced that he plans to launch a memecoin based on the reports of his infamous laptop, which has been subject to intense media scrutiny. In a Monday announcement on X, Hunter Biden posted the memecoin’s ticker symbol, $LAPTOP, signaling a Wednesday launch. The Wall Street Journal reported that Biden would send 20% of the one-billion token supply to substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin, Official Trump (TRUMP), whose value has dropped by about 97% since reaching an all-time high price in January 2025.…
Polish prosecutors charged Romana Ż. with organized crime and misappropriation offenses involving $2.1 million in Zondacrypto user funds. Polish prosecutors investigating cryptocurrency exchange Zondacrypto, have formally charged an individual, identified as Romana Ż., with participating in an organized criminal group and allegedly misappropriating 7.8 million zlotys ($2.1 million) in user funds.
Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus. Crypto fund flows are becoming increasingly sensitive to changes in the US interest-rate outlook, with CoinShares arguing that Federal Reserve policy remains a key barrier to Bitcoin (BTC) breaking above $80,000 despite continued investor demand for crypto. In his latest market update, CoinShares head of research James Butterfil argued that “Bitcoin is trading like gold again, but the Fed still sets the ceiling” at around $80,000. That sensitivity was evident after Fed Chair Kevin Warsh’s speech at Jackson Hole. Warsh said progress on inflation had been modest and that price pressures were not easing quickly enough to give the central bank’s po…
Capital B’s latest Bitcoin purchase was its largest in nearly a year, pushing the French company ahead of H100 Group among publicly traded BTC holders. French Bitcoin treasury company Capital B has acquired 376 Bitcoin (BTC) for 25.3 million euros ($29.5 million), bringing its total holdings to 3,521 BTC. The purchase was funded after Capital B completed roughly 30.1 million euros ($35 million) in capital raises, including a private placement backed by investors Adam Back and TOBAM, according to a Monday announcement. The company bought the Bitcoin at an average price of 67,182 euros apiece, with Swissquote Bank Europe executing the purchase and Taurus providing custody.
Bitcoin price fell 2% in low-liquidity conditions as the US Labor Day holiday saw $80,000 once again slip from bulls’ grasp. Bitcoin (BTC) drifted lower on Monday as a low-liquidity environment erased the weekend’s gains above $80,000. Key points:
