Crypto and blockchain companies disclosed $184.1 million across eight funding rounds between Aug. 22 and Aug. 28, led by RQD* Clearing’s $74 million growth investment. Summary Eight crypto and blockchain projects disclosed a combined $184.1 million in new financing. RQD* Clearing secured a $74 million minority growth investment led by Bain Capital. Fasset raised $68
Cardone Capital has added about 1,200 BTC and 2,000 multifamily units to its real estate-backed Bitcoin strategy, increasing both assets held across its private investment vehicles. Summary Cardone Capital has added about 1,200 BTC and roughly 2,000 multifamily units. Rental income from selected properties funds recurring Bitcoin purchases through a dollar-cost averaging plan. Grant Cardone
Tokenized gold has moved deeper into crypto lending after Aave’s XAUT-backed debt reached a $25 million ceiling and Arch Lending added loans against the two largest gold tokens. Summary Aave’s $25 million XAUT debt ceiling was fully used before additional capacity filled within 24 hours. Arch’s Himanshu Sahay said investors increasingly want to use tokenized
HyENA has announced plans to close every market between Aug. 31 and Sept. 2 after processing more than $4 billion in trades for over 12,000 users. Summary HyENA will remove one market each hour from Aug. 31 through Sept. 2. Open positions will settle automatically, while margin will return to users’ spot balances. HLPe depositors
A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins has transferred 500 BTC worth about $39.56 million to Coinbase Prime after the coins were reportedly inaccessible because their private keys had been lost. Summary 500 BTC, worth approximately $39.56 million, was sent to Coinbase Prime. The transfer came from a group of wallets
North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industry’s most active hacking operations. Summary Lazarus Group transferred 244.148 BTC worth about $19.42 million, according to Lookonchain. The transaction’s destination and connection to any earlier theft remain undisclosed. Another Lazarus-linked wallet
Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Summary Bullish will supply $100 million in stablecoin liquidity for GPU-backed loans. USD.AI offers non-recourse financing secured solely by computing hardware. Bullish plans to list sUSDai and support trading through a
An ongoing attack against Solana-based crypto card platform Avici has reportedly drained more than $1 million from user collateral accounts while sending its AVICI token to an all-time low. Summary The suspected attacker held 10,005 SOL and about $11,600 in stablecoins at one checkpoint. On-chain records showed repeated calls that added an administrator before collateral
Former U.S. Defense Secretary Mark Esper has urged the Senate to pass the CLARITY Act before its Sept. 15 procedural vote, arguing that delayed crypto rules could weaken U.S. financial and national security. Summary Mark Esper said regulated U.S. crypto markets would improve oversight of digital asset transactions. The Senate’s Sept. 15 cloture vote requires
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