Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks. Source:CoinDesk
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield…
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Should you Venmo your tuition? Here’s what to know as colleges add new payment options.
Some universities will begin accepting the nontraditional payment method as consumers seek flexible spending options. Source:MarketWatch
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million. Source:Cointelegraph
Solana leads bitcoin and ether higher while Korean chip stocks slide 7%
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.…
FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain
The noncustodial crosschain swap engine connects Canton’s institutional tokenizedasset markets with liquidity and trading activity across major public…
Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch
The $613 billion asset manager will subadvise a highyield fund tokenized across Ethereum, Solana, Avalanche and Sui. Source:Cointelegraph
Why the Trump-backed crypto venture is distancing itself from Hong Kong AI aggregator WorldClaw
WLFI says the AI platform is independent and uses USD1 as a payment rail, but would not say whether it has equity, financing, revenuesharing or other economic…
Cash App's crypto support expands beyond bitcoin and USDC via MoonPay
Eligible Cash App users will be able to use their balances to purchase digital assets offered by MoonPay, which include ether, solana and stablecoin USDT.…
Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on
Sending ETH to a brandnew address will cost more than sending to an existing one, and software built around a flat fee will get the sum wrong. Source:CoinDesk
XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 crossborder payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD…