U.S. forces struck Iranian rocket launchers near the Strait of Hormuz on Sunday after reportedly spotting preparations for another mining operation, abruptly ending a roughly monthlong lull in direct attacks between Washington and Tehran. Sunday’s Aug. 30 strikes put military risk squarely back over one of the world’s most critical energy corridors after more than …
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Bitcoin derivatives traders are dragging a hefty book into September, with futures open interest at $54.82 billion while the spot price sits at $78,425 at 7 p.m. Eastern time on Aug. 30. Alongside this, options positioning tells a sharper story. Currently, calls dominate outstanding contracts, September expirations are heavily populated, and max-pain levels are mostly …
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Crypto.com CEO Kris Marszalek said the company’s app and exchange were unaffected by the Tectonic breach and continued operating normally. Cronos halted its blockchain after an exploit targeting decentralized lending protocol Tectonic involved an estimated $75 million, most of which remains on the Cronos network at the time of writing. On Sunday, Cronos said it …
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Google Maps has relabeled the smallest of the Great Lakes as Lake America for all users inside the U.S. after President Trump signed an executive order on the matter. The shift occurred amid rising trade frictions with Canada that feature fresh U.S. tariffs on roughly $28 billion worth of Canadian imports. Users in the United …
President Trump is urging the Federal Communications Commission to investigate what he describes as fake polls by news outlets and to rebuke NBC moderator Kristen Welker for her reporting on his candidate endorsements. Trump issued the demands through multiple Truth Social posts. Trump criticizes Welker for stating his endorsements produced mixed results, asserting instead that …
An aspiring rapper is among three people charged in a federal case alleging they stole more than $8.1 million through a scheme involving U.S. Treasury checks and other checks belonging to individuals and businesses. Ada William Obayuwana, 31, also known as “ColdheartedAC” and “AC,” of Quartz Hill, was arrested alongside Albert Tai Vu, 28, of …
Bitcoin moves toward a post quantum future, Solana validators agree to curb rampant inflation and the bull case from Bernstein is for Bitcoin to peak at $500K this cycle. Despite considerable skepticism among Bitcoiners about how close the quantum threat to Bitcoin is, two stories this week highlighted the progress being made toward upgrading the …
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Michael Saylor’s “We’re Back” post hints Strategy may resume Bitcoin buying after a two-month pause to strengthen its balance sheet. Strategy’s Michael Saylor said “We’re Back” in his latest signal on X (formerly Twitter) of the company’s likely return to Bitcoin buying. For market watchers, the post could be a strong psychological signal as Saylor …
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“Central bank reserves remain superior to stablecoins as the ultimate settlement asset,” European Central Bank Executive Board member Isabel Schnabel told attendees at the Jackson Hole Economic Policy Symposium. Schnabel’s Pitch Isabel Schnabel didn’t mince her words, stating unequivocally that stablecoins lack “the independent capacity to expand liquidity rapidly during periods of financial stress,” a …
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US equities are displaying remarkable resilience and steady upward momentum despite surrounding uncertainties. The S&P 500 (SPX) completes 22 consecutive sessions without a drop of 1% or more, reports The Kobeissi Letter. “The strength of this market is unprecedented.” Volatility remains tightly contained with the VIX closing at or below 16 for 18 straight days. …
A leading financial services firm is expanding its cryptocurrency trading service to include three additional digital assets that have gained significant investor interest. Charles Schwab says it will add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to Schwab Crypto accounts in the coming months. The platform, which began rolling out to clients in May 2026, …
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A major clothing retailer has had millions of customer records exposed on the dark web following unsuccessful ransom talks with cybercriminals. The breach exposed information from roughly 12.9 million accounts, reports TechRadar. Attackers from the ShinyHunters group added Carhartt to their data leak site after negotiations broke down over a $3.3 million demand. The company …
A former accountant has been sentenced to jail and must make restitution payments after embezzling hundreds of thousands of dollars from her employer. Utah resident and 25-year-old Laurel Llewellyn Gifford used her role as a senior regional accountant at a Salt Lake City asset management company to carry out roughly 100 unauthorized transfers totaling about …
Trump-linked Real Trump Coins said it never authorized GOLD or any digital token as questions persisted over its X account, associated domains and the concentrated token supply. Real Trump Coins has denied launching, promoting or authorizing the Trump Digital GOLD token that briefly appeared across its online presence before collapsing, blaming the promotion on “third-party …
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US-listed Bitcoin exchange-traded funds (ETFs) lost $201.9 million Friday, ending a nine-day inflow streak as Ethereum, XRP and Solana funds kept attracting cash. The reversal came as Bitcoin fell about 3.2% to $77,696 on Aug. 28. Meanwhile, Ethereum, XRP and Solana ETFs attracted a combined $145 million in net inflows. The split shows Friday’s weakness …
