Ethena looks beyond crypto to squeeze yield from booming equity perpetuals
The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.
Crypto
SBI buys 20% stake in Indonesia’s Ajaib for $270 million to expand yen stablecoin in Southeast Asia
The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.
Morning Minute: Solana Jumps with Network Inflation Set to Drop
Two majors proposals are set to pass, its leading DATs are back, and Schwab is offering SOL to its clients—quite the setup for Solana.
California Senate passes bill to ban memecoin issuance by public officials
The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “pay-to-play arrangements.”
Bitcoin is outperforming stocks and correlating with gold just when it matters most
Your day-ahead look for Aug. 28, 2026
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.
UK Police Seize $1.4M in Bitcoin Traced to Shuttered Darknet Markets
The 20.21 BTC was linked to marketplaces running between 2016 and 2019, and the man who held it died before it was forfeited.
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
Bitcoin profitability data produced a bear-market reversal signal that was also present at the start of 2023.
Circle’s USDC takes over Chelsea’s jersey in Premier League first sponsorship deal
Financials were not disclosed, though reports from earlier this year suggested Chelsea was targeting 65 million pounds a year ($88.3 million) for the sponsorship berth.
Bullish backs USD.AI with $100 million in financing to drive GPU-backed loans
Cryptocurrency platform Bullish is extending a $100 million debt facility to USD.AI to finance GPU-backed loans for artificial intelligence infrastructure.
240 Crypto Millionaires Booked Over Half of Britain’s Taxable Crypto Gains
HMRC’s first breakdown shows 17,600 people declared £1.38 billion, most of them under 55 and 87% of them men.
Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate
BTC briefly touched $81,455 overnight, its highest since May 15 as Nasdaq futures slipped and gold extended gains heading into the weekend.
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
Following a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea’s largest exchange.
Judge Rules Trump Administration Illegally Retaliated Against Anthropic Over AI Red Lines
Rita Lin vacated the supply chain designation and issued a permanent injunction, refusing the government even a seven-day stay.
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA buybacks.
BitGo buys NYDIG trading arm to deepen institutional crypto push
BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.
Kraken users briefly locked out after a flood of sanctioned crypto transactions
The activity, appearing to spread sanctioned funds to trigger account restrictions, occurred between Aug. 17 and Aug. 24.
Live updates: Markets turn cautious before Warsh speech as bitcoin loses overnight gains
Treasury yields rise across the U.S. and Europe as investors brace for a hawkish tone
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.
OneKey reproduces transaction replacement attack on outdated Ledger Ethereum app
OneKey said it reproduced an exploit against an older version of the Ledger app in its lab environment, which Ledger fixed in its Ethereum app 1.22.2, with no user funds lost.
Visa works with Upbit parent on stablecoin payments, AI commerce
Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review.
Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold
Warsh’s Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and long-term yields.
Solana’s faster disinflation plan leads vote as $800K burn proposal trails
All three proposals have cleared quorum, but a plan to slow new SOL creation is only narrowly passing while a separate vote to sharply increase token burns remains below the two-thirds support needed.
The Sandbox pledges 1:1 repayment after $700K bridge exploit
Eligible holders on Base and BNB Chain will receive Ethereum-based SAND from the project’s treasury, with claims expected to open within two weeks.
Bitcoin is trading at a premium on Coinbase after a long time. Here’s what it means
The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000.
Bitcoin holds $80,000, solana leads majors higher before Warsh’s Jackson Hole debut
Every major but HYPE gained over 24 hours, capping a week that added 9% to bitcoin and 20% to solana.
An XRP treasury company backed by Ripple is a shareholder vote away from Nasdaq
The SEC cleared the paperwork for Evernorth’s merger with a shell company, setting up a Sept. 30 vote and a listing under the ticker XRPN.
Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ
Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank.
Bitcoin Completes First Experimental Quantum-Safe Transaction, Starkware Says
The transaction used Bitcoin’s existing rules to protect funds from a future quantum attack without requiring a network upgrade.
Google’s Android 17 Turns On New Privacy Feature—But Your Browsing Isn’t Fully Hidden
Google’s new privacy standard scrambles the one field of a web request that still travels in the clear: the name of the site being opened.