Author: Fahd Parihar

Chicago Fed President Austan Goolsbee says inflation is the biggest problem for the US, as markets weigh the odds of a potential September rate hike.

Strategy has sold 1,690 BTC for $108.6 million and repurchased $109 million of its STRC preferred stock, while also selling $653 million in MSTR shares to bolster its dollar reserve.

South Korea’s Supreme Court has proposed amendments to the Civil Execution Rules that would let creditors freeze, identify, and liquidate crypto held by debtors, including a seven-day disclosure window for exchanges.

The Clarity Act has been pushed to September after lawmakers missed the August window amid disputes over ethics provisions, stablecoin yields, illicit finance measures, and banking concerns.

Bitcoin briefly crossed $65,000 as bulls defended key levels, while Ethereum eyes a potential breakout and markets look set for a crucial week of CPI and PPI data.

Coldcard’s firmware update in March 2021 accidentally weakened seed generation for multiple wallet models, leading to large, wave-like BTC drains that persisted for years.

Bitcoin rebounds above $64,000 and eyes $65,000 as technicals improve, while progress in US-Iran talks and efforts to reopen the Strait of Hormuz support risk appetite.

Polymarket is reportedly in preliminary talks to raise $1 billion at a valuation above $20 billion, months after closing a $15 billion round and expanding its US exchange.

Strategy sold 1,638 BTC for about $104.7M, reducing its holdings to 842,138 BTC, and used part of the proceeds to repurchase $81.2M in STRC while topping up its USD reserve.

A former FBI supervisory agent allegedly stole nearly $1 million in cryptocurrency and used ChatGPT to plan how to use the funds and relocate to Europe, before being charged and taken into federal custody.