Strategy has made its first bitcoin purchase in two months, acquiring 4,603 BTC for $369.7 million at an average price of $80,318 per coin, according to a Monday morning press release from the company. The purchase lifts Strategy’s total holdings to 845,050 BTC and ends a buying pause. The mechanics of the deal are straightforward.
X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to
The U.S. Securities and Exchange Commission issued an agenda for its 24-trading roundtable and proposed a new transfer-agent rule with blockchain implications. Source link
Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate
Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled
Bitcoin slid on Tuesday after investors went into “risk-off” mode following escalating attacks between the U.S. and Iran. The largest cryptocurrency had initially shrugged off President Donald Trump’s threats to the Middle Eastern nation, as well as the first strikes. But things heated up on Tuesday, and bitcoin’s price slid. It was recently down more
The U.S. Securities and Exchange Commission has proposed its first major transfer-agent rule overhaul in more than four decades as blockchain recordkeeping, tokenized securities and automated systems enter regulated U.S. markets. Summary The SEC proposal would update registration, recordkeeping, transfer processing, and asset-safeguarding requirements. Onchain transfer agents would face controls covering digital records, cybersecurity risks,
A group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing to launch a dollar stablecoin for business payments across borders. The firms say they will form a new company in the second half of 2026 and aim to have the token live in the first
Vietnam is moving closer to a regulated crypto market after five companies passed an initial exchange assessment, although no applicant has received a license yet. The pilot program requires heavy capital, institutional ownership, Level 4 security standards, and anti-money laundering controls before any exchange can operate. New administrative penalties take effect September 1, while domestic
RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. Summary An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral.
