A historic Philadelphia savings institution is closing after regulators stepped in to safeguard its customers. The Federal Deposit Insurance Corp. (FDIC) says it was appointed receiver when the Pennsylvania Department of Banking and Securities closed Tioga-Franklin Savings Bank on August 21, 2026. The single-branch bank held $68 million in assets and $67 million in deposits …
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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.” California lawmakers passed a bill restricting public officials’ involvement with memecoins, citing concerns around conflicts of interest and “pay-to-play arrangements.” The California Senate passed Assembly Bill 2409 in a 40-0 vote …
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The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million. French Bitcoin treasury company Capital B announced that it raised €21.0 million ($24.5 million) through private share placement. According to an Aug. 28 announcmeent, the fundraise was conducted at €0.58 per ABSA — …
Bitcoin profitability data produced a bear-market reversal signal that was also present at the start of 2023. According to some metrics, Bitcoin (BTC) has ended its bear market as a composite BTC price indicator flips bullish for the first time since October 2025. Key points: Read more Go to Source
Polish Olympic Committee President Radosław Piesiewicz has been detained as part of a criminal investigation into the collapse of cryptocurrency platform Zondacrypto. Olympic Leader Facing Fraud Probe Radosław Piesiewicz, the president of the Polish Olympic Committee (PKOl), has been detained in connection with a growing criminal investigation into Zondacrypto, a collapsed cryptocurrency firm that previously …
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A federal judge tore up the Pentagon’s “supply chain risk” label on Anthropic late Thursday, ruling that the Trump administration illegally punished the artificial intelligence (AI) firm for refusing to let the military weaponize its Claude models. A Blunt Rebuke From the Bench U.S. District Judge Rita Lin of the Northern District of California handed …
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The Central Bank of Brazil is advancing the implementation of a crypto threat system for banks and national crypto exchanges. The system, already developed, would help institutions identify, process, respond to, and mitigate cyberattacks using cryptocurrency as an exit rail. Central Bank of Brazil to Implement Crypto Threat System As crypto rises in popularity in …
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Bitcoin has stalled around $80,000 for much of this week, and Arthur Hayes believes that pause alone is enough to break Strategy’s decade-old bitcoin playbook. The BitMEX co-founder argues Michael Saylor is now boxed into three uncomfortable choices, and none of them are free. The Premium Problem For years, Strategy Inc. (Nasdaq: MSTR) traded like …
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From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide nearly a percentage point, along with roughly 55 exahash per second (EH/s) of computational power. At the same time, other nation-states that dominate mining, like China and Russia, captured more of …
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California is sitting on $15.485 billion in unclaimed property, spanning more than 84 million individual properties that the State Controller’s Office says are waiting to be returned to nearly 39 million Californians. Texas is holding about $10.5 billion and Ohio about $4.8 billion, and estimates suggest 1 in 10 Americans has missing money from sources …
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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. The native token of the synthetic dollar protocol Ethena (ENA) registered double-digit gains after the Ethena Foundation unveiled four ecosystem changes, including a proposal for revenue-funded token …
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BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities. BitGo has acquired the institutional trading business of Bitcoin infrastructure company NYDIG, adding derivatives and financing capabilities as it expands services for institutional crypto clients. BitGo said it completed the acquisition of NYDIG’s institutional trading …
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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. The in-house security team at open-source wallet provider OneKey said it successfully reproduced an exploit targeting an outdated version of Ledger’s on-device Ethereum application …
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A Jacksonville woman is taking legal action against Florida-based VyStar Credit Union after suffering major losses from an impersonation scam that drained her accounts. The proposed lawsuit was filed in U.S. District Court in Jacksonville, Florida and covers about $42,000 in alleged losses from unauthorized account access and transactions, reports News4JAX. Unknown persons accessed her …
Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review. Visa and Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, have formed a strategic partnership to explore stablecoin payments, cross-border remittances and artificial intelligence-powered commerce. The companies will combine Dunamu’s digital asset technology with …
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