Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. Source:CoinDesk
CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.…
BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees
Sheldon Lee said a Chineselanguage X account making the claims was hacked. Users want wallets, assets and liabilities disclosed. Source:CoinDesk
Apple’s stock could rise 30% if it strikes an Nvidia deal for AI, this analyst says
A Rothschild analyst suggests Apple could improve upon its ‘subpar’ AI efforts by deploying Nvidia’s opensource models. Source:MarketWatch
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after…
Micron, Sandisk and other chip stocks climb as investors get more confident about AI spending
AI companies are seeing improved financial performance, according to reports, and memorychip companies may be able to better fend off Chinese competition with…
Most investors are making the same costly mistake — and it has nothing to do with picking the wrong stocks
Studies showing younger investors believe gambling is a reasonable path to wealth creation, and not all that different from investing, “concerns me deeply,”…
Strategy raises $334M through stock sales but buys no Bitcoin
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion. Source:Cointelegraph
Harmony plans rollback, wiping 109,000 transactions after ONE exploit
Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate rollback dispute after an exploit.…
No change in bitcoin holdings as Strategy boosted dollar reserve, bought back more STRC last week
Led by Executive Chairman Michael Saylor, the company raised $333.7 million via the sale of common stock. Source:CoinDesk
Israel’s largest crypto broker Bits of Gold hit by data breach affecting 200,000 customers
Funds and digital assets were not touched, but names, bank account details, and national ID numbers may have been exposed in what the company says was a wider…
Bitcoin options remain expensive despite summer calm. Here's why it matters
Bitcoin’s implied volatility is near a seasonal floor, but options continue to price substantially more movement than the market is delivering. Source:CoinDesk