NEWS
Bitcoin Rally Stalls, But Long-Term Sentiment Remains Bullish
In brief Bitcoin dropped as low as $76,877 on Friday after Fed Chair Kevin Warsh’s hawkish Jackson Hole keynote, confirming the resistance zone flagged earlier…
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Meta Tests Robots to Handle Data Center Work
In brief Meta is testing robots that can swap cables, restart servers, and inspect equipment. Some workers fear the machines will reduce staffing or shift…
NEWS
Solana Governance Approves Faster Reduction in SOL Issuance
Solana validators have approved a proposal to double the network’s annual disinflation rate, reducing future SOL issuance. According to finalized voting results, the proposal received…
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XRP Treasury Company Gets One Step Closer to Listing on Nasdaq
In brief The SEC declared effective Evernorth’s Form S-4 registration statement on August 27, clearing Armada Acquisition Corp. II to schedule a shareholder vote on…
NEWS
US Cities Eye AI Data Center Limits as Study Flags Water Risks
In brief Cities in Texas, North Carolina, Kentucky, and New Jersey have pursued bans or moratoriums on data centers. Power plants serving data centers in…
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Chelsea FC Gets a Stablecoin Sponsor after UK FCA Warning to Clubs
Circle, the issuer behind the USDC stablecoin, will be the latest sponsor for the Chelsea Football Club just months after the UK’s financial watchdog warned…
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Solana Will Now Print Less SOL as Disinflation Vote Passes in Dramatic Fashion
In brief Solana closed its first binding on-chain governance vote, passing SGP-0002 to double the network’s disinflation rate from 15% to 30%, hitting the 1.5%…
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Fed Chair Warsh Calls AI a ‘Hinge Point in History’—4 Key Things He Said
In brief Fed Chair Kevin Warsh dedicated a full section of his Jackson Hole keynote to artificial intelligence, calling the current moment a “hinge point…
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Charles Schwab Expands Crypto Trading Beyond Bitcoin and Ethereum
In brief Schwab plans to add Solana, Avalanche, and Chainlink trading “in the coming months.” Schwab Crypto began rolling out with Bitcoin and Ethereum in…
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Bullish Backs USD.AI with $100M for AI Infrastructure Loans
Institutional crypto exchange operator Bullish has provided USD.AI with a $100 million stablecoin-based debt facility to finance loans secured by GPU infrastructure, the companies announced…
