$1.2B Wiped out: Bitcoin Squeeze Returns Strategy to Profit

Bitcoin surpassed $79,000, boosting market cap past $1.55 trillion and pushing the broader crypto market to $2.65 trillion amid growing fears over $40 trillion in U.S. national debt.   Short Sellers Squeezed as Liquidations Top $1B Bitcoin breached $79,000 Friday morning, pushing its dollar gains since Aug. 17 past $15,000. The cryptocurrency’s relentless ascent comes …

Pennsylvania Catholic Priest Accused of Embezzling $740,000+ From Churches and His Elderly Mother: Report

Authorities in Pennsylvania have filed charges against a former priest for allegedly misappropriating hundreds of thousands of dollars from churches and an elderly relative in the state’s western region. The 69-year-old cleric named Gregory Allen Madeya, who previously served at several Catholic parishes in Western Pennsylvania, now faces numerous felony counts of theft and financial …

U.S. Debt Hits $40,000,000,000,000 for the First Time Ever as President Trump Dismisses Bond Market Worries

President Donald Trump is dismissing worries about bond market volatility amid the U.S. debt milestone. Total U.S. public debt outstanding reached $40.047 trillion on Tuesday, marking the first time it has crossed the $40 trillion mark, reports Reuters. The Treasury Department said the total includes $32.266 trillion in securities held by the public and $7.782 …

Bitcoin ETFs draw $608M as Ether ETFs see largest inflow since October

Bitcoin ETF inflows pushed August’s total to a 2026 high of $2.07 billion as Bitcoin traded above $75,000 and Ether climbed to $2,357. US spot Bitcoin exchange-traded funds (ETFs) drew $608.3 million in net inflows on Thursday, lifting weekly inflows above $1.6 billion, while spot Ether ETFs logged their largest single-day intake since October. The …

BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash

Nasdaq-listed Ethereum infrastructure company BTCS swapped ETH into USDT to pay down Aave loans in the second quarter and ended June 30 with $317,113 in cash and stablecoins. It also held about $88.1 million in other current digital-asset categories, making the issue less a lack of assets than how much of the balance sheet was …

Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation

Fortitude Mining, Digital Currency Group’s Zcash-focused miner, bought a 9.4% stake in Nasdaq-listed HeartSciences for about $1 million, giving its proposed merger partner cash for operating expenses while shareholder approval remains pending. The Aug. 12 private placement covered 411,522 HeartSciences common shares at $2.43 each. A beneficial ownership filing put Fortitude’s exact cash outlay at …

Ethereum’s next upgrade turns a 2-second block bottleneck into a roughly 9-second window

Ethereum node operators now have an active public network for rehearsing Glamsterdam’s coordinated execution- and consensus-client upgrade. Platåberget has an open, permissionless validator set, turning the upgrade into a practical test of whether client pairs, validators, builders, and supporting infrastructure continue to work together. The ethPandaOps-maintained network launched Aug. 13 and is expected to remain …

Datavault wants to buy a bank and fund it with $35 million after reporting $1.4 million cash

Datavault AI has agreed to acquire BankWyse, a Wyoming banking institution, while promising funding substantially larger than the cash it reported at the end of June. The mismatch leaves a central question for the proposed deal: How can Datavault finance the purchase and capitalize the bank without another layer of debt or dilution? The agreement …

This Bitcoin miner just signed a $350 million AI deal, but it needs $185 million to make it work

HIVE Digital Technologies’ $350 million AI cloud contract depends on a $185 million GPU buildout that must be completed in the fourth quarter before most of the revenue can begin. The five-year agreement, signed by HIVE’s BUZZ High Performance Computing unit with an unnamed investment-grade enterprise customer, is expected to generate about $70 million in …

Solana’s 50,000 SOL security contest did not cover a clock attack disclosed months earlier

At USENIX Security on Aug. 12, researchers presented a Solana Proof-of-History clock attack they had disclosed privately to Solana developers in December 2025. Anza’s 50,000 SOL Alpenglow competition closed seven days later, and its rules appear to place the attack outside the scope. The paper describes a protocol-valid way for a scheduled leader to stretch …

Tether-backed Antalpha’s loan TVL declined $696 million as its gold bet returned a $22 million loss

Antalpha’s facilitated loan book shrank by $696 million in the second quarter as losses on tokenized gold holdings at its subsidiary, Aurelion, pushed the digital asset financing group into the red. According to the firm’s filing with the US Securities and Exchange Commission (SEC), its total loan book fell 34% to $1.35 billion as of …

Two ETH Whales Offload $63 Million as Selling Pressure Builds

Onchain trackers flagged two large ether sell-offs within hours of each other on August 21, as a popular whale known as ‘7 Siblings’ and a separate wallet dumped a combined $63 million in ETH and staked ETH. A 14,000 ETH Sale Blockchain analytics platform Lookonchain reported that the whale entity known as 7 Siblings sold …

After 100 Hours of 3D Printing, a Student Built a Modular Arm for His Sister

More than 100 hours of 3D printing went into a modular prosthetic arm that Vitaliy Bondarchuk, an engineering student at Bob Jones University, built for his 7-year-old sister, Bella. Designed with interchangeable attachments for everyday tasks and improved comfort, the device is already part of her daily routine and targets a gap in affordable pediatric …

Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework

The Hungarian parliament voted to repeal the provisions that required a validation check for crypto asset conversions to be legal. The move also removes crypto-related offenses imposing penalties of up to eight years of imprisonment from the national criminal code. Hungary Decriminalizes Crypto Assets’ Offenses in Line With MiCA Implementation Hungary is repealing draconian-style regulations …

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