Crypto Industry News & Market Trends

Apple's foldable iPhone Ultra headlines a packed fall lineup at September 9 event

Apple affirmed it will hold its annual iPhone event on Wednesday, September 9 at its Cupertino campus.A foldable iPhone and two new Pro models are headlining a fall rollout of more than 15 new devices.　　The invite says “Surprise and shine” and has a 10 a.m. Pacific start. Apple shows the same date and time on its events page.　　Touch ID replaces Face ID on the book-style handset　　The iPhone 18 wont be coming this fall. Apple is holding off until spring 2027 to launch its cheaper models.　　That leaves the iPhone 18 Pro, the iPhone 18 Pro Max, and the foldable iPhone for the September event. All three will be powered by Apples A20 Pro chip, based on a 2-nanometer process.　　Discover more　　Finance　　Subscribing To News　　Choosing Investment Apps　　The Ultra is Apples first new form factor since the iPhone X debuted in 2017. The book-style device spans about 5.5 inches when closed and 7.6 inches when open and is wider than it is tall.　　The phone will lose its telephoto camera and use Touch ID instead of Face ID.　　The only model rumored to get a variable-aperture rear camera upgrade is the iPhone 18 Pro Max. Otherwise, the Pro models are pretty much the same as last years

08-29Industry

Why Disney‘s ’Endgame Encore Is Laser-Focused On Infinity Vision

‘Avengers Endgame: Encore’ features four minutes of additional footage and will be the first film to be shown in theaters bearing Disneys new Infinity Vision branding.　　Marvel　　When Disney announced its Infinity Vision certification brand a few months ago, it was met with some confusion and derision. As a certification program rather than a new format, many found it less than exciting—and a clear response to Spider-Man losing all the IMAX screens to The Odyssey.　　However, as tickets go on sale for Avengers: Endgame Encore, which brings back Marvel‘s most successful movie with four additional minutes added to its runtime, I’ve realized that Infinity Vision could offer cinemagoers something genuinely useful: an easy way to identify theaters with laser projection.　　That matters because projector information has historically been surprisingly difficult to find. While some chains, such as Regal in the U.S., indicate whether a screen has a laser projector, many still do not. Because laser projection is baked into the Infinity Vision standard, the badge should theoretically provide a simple way of knowing what youre getting.　　Discover more　　Financial Markets News　　Finance　　News　　This is especially useful for formats such as 4DX, where it has always been vague as to whether the screen has a suitable projector. This can

08-29Industry

Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin

Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoins as the synthetic dollar looks to recover from its 2026 contraction.　　Related Asset Ethena #45 ENA · $0.16 24-hour change: down 6.56% Price history is not available. 24H Down 6.56% 7D Up 12.16% 30D Up 106.74%　　On Aug. 28, Ethena revealed plans to extend the basis strategy behind USDe into equity perpetual futures, where open interest has surged to about $6.2 billion from less than $1 billion in March. Funding rates in this market have averaged about 14% on Hyperliquid and 17.5% on Binance in recent months.　　By comparison, Bitcoin perpetual funding averaged 2.2% this year through Aug. 11, down from 4.9% in 2025 and 11% in 2024.　　Related Asset Bitcoin BTC · $77,426.70 24-hour change: down 3.31%　　Ethena founder Guy Young said equity and commodity-linked perpetuals have become one of the protocols biggest potential growth markets.　　According to him, real-world asset perpetual volume exceeded half of crypto volume on Hyperliquid last month, while aggregate RWA perpetual volume on Binance reached roughly twice the volume of BTC-USDT, he said.　　Related Asset Hyperliquid HYPE · $79.72 24-hour change: down 6.17%　　Young expects open interest and trading volume in the sector to

08-29Industry

Bullish provides USD.AI $100M facility for GPU loans

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.　　SummaryBullish 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 market-making program.Bullish shares have gained about 45% over the past month.　　Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators purchasing high-performance computing equipment, extending the exchange operators exposure to tokenized assets and AI infrastructure.　　Developed by Permian Labs, USD.AI connects stablecoin liquidity with companies seeking funds to buy GPUs. Instead of evaluating claims against a borrowers entire business, the platform issues non-recourse loans secured by the computing hardware purchased with the financing.　　Bullish Head of Tokenization Thomas Cowan said the company used USD.AIs onchain records when assessing the facility. Bullish had already invested in the platform before agreeing to provide the new debt financing.　　“Our commitment to USD.AI reflects a conviction weve believed since our first investment in the protocol: that credible, well-structured real-world assets belong onchain.”　　You might also like:　　ARK buys Coinbase, Circle, Bullish and Robinhood as stocks rally　　Bullish facility expands USD.AIs GPU loan capacity　　Under

08-29Industry

Bitcoin Rally Stalls, But Long-Term Sentiment Remains Bullish

In briefBitcoin dropped as low as $76,877 on Friday after Fed Chair Kevin Warshs hawkish Jackson Hole keynote, confirming the resistance zone flagged earlier this week.September rate-hike odds jumped to roughly 56% from about 35% a day earlier after Warsh said the Fed still has “work to do” on inflation.Myriad traders are still pricing Bitcoins next major move at 77% for $84,000 versus 23% for $55,000, largely unmoved by Fridays selloff.　　Bitcoin fell as low as $76,877 on Friday, giving up most of a double-digit weekly gain after Fed Chair Kevin Warshs first Jackson Hole keynote warned that inflation isnt cooling fast enough.　　The drop came from an overnight high of $81,455, inside the resistance zone that had already capped several prior breakout attempts this year. That zone held once again.　　Myriad: How high will Bitcoin go？ Click to make your prediction.　　Warsh marked his 100th day in the job by declining to give markets any fresh guidance, but the tone was enough to move prices. In his keynote, Warsh set a standard for himself: the Fed needs to see inflation moving toward its target clearly and at sufficient speed before declaring the job done. Short of that, he said, the central bank still

08-29Industry

Lazarus Group resurfaces with $19.4M Bitcoin move

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 industrys most active hacking operations.　　Lazarus Group moves 244 BTC between wallets　　Lookonchain reported the transfer in an Aug. 28 X post, saying wallets attributed to Lazarus Group had become active again and moved 244.148 BTC about an hour before its alert.　　Bitcoin traded at roughly $79,500 when the analytics account published its estimate, placing the transactions value at $19.42 million. Lookonchain did not identify the receiving address in the text of the post or say whether the Bitcoin moved to an exchange, mixer, or another wallet controlled by the group.　　Without a disclosed destination, the transaction alone does not show that Lazarus sold or attempted to cash out the Bitcoin. Public blockchain records confirm when funds move between addresses, but connecting those addresses to an organization usually depends on labels and analysis supplied by investigators or blockchain intelligence firms.　　The Aug. 28 transaction followed another large Bitcoin movement attributed to the group earlier in the month. On Aug. 12, Lookonchain said Lazarus transferred 262.2 BTC, then valued at approximately $16.64 million, from an identified wallet to a newly created address.　　At the

08-29Industry

Irish drug dealers lost wallet moves $39.56M in Bitcoin

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.　　Collins-linked Bitcoin has moved to Coinbase Prime　　Lookonchain said in an Aug. 28 X post that Bitcoin connected to Collins was “moving again,” with 500 BTC reaching Coinbase Prime. The blockchain tracker valued the transaction at $39.56 million when it reported the transfer.　　At the stated value, each Bitcoin was worth about $79,120. Lookonchain associated the transfer with a group of wallets that once held approximately 6,000 BTC and were thought to be inaccessible after their private keys disappeared.　　The blockchain data identifies movements between labeled addresses, but Lookonchain did not provide evidence that Collins personally controlled the sending wallet or directed the transaction. Irish authorities had already gained access to several wallets in the same group, making it possible that the latest activity involved seized assets under official control.　　Coinbase Prime serves institutions, companies, and government agencies through custody and trade execution services. Although Bitcoin sent to the platform could be sold, the deposit alone does not show whether the coins were liquidated, placed in custody, or moved as

08-29Industry

HyENA shuts down after processing $4B in trades

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.　　SummaryHyENA 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 can redeem their holdings and earned rewards through Upshift at a 1:1 rate.HyENA generated nearly 2.5 million USDe in rewards but will not issue a token.　　HyENA will remove markets over three days　　HyENA said in an Aug. 28 shutdown announcement that it would stop operating after changes in Hyperliquids stablecoin setup reduced the opportunity for USDe-backed margin products.　　The platform will begin delisting markets on Aug. 31 and complete the process on Sept. 2. Rather than closing every contract at once, HyENA will remove one market per hour throughout the scheduled period.　　Users do not have to close their positions manually before each delisting, according to the announcement. Once a market is removed, its mark price will move toward the one-hour weighted average of the relevant oracle price before the remaining positions settle automatically.　　You might also like:　　Hyperliquid Strategies doubles HYPE holdings to 29.3M　　Margin released through that process will return to each traders

08-29Industry

Solana validators approve proposal to accelerate SOL disinflation

Solana validators have approved a proposal to double the networks annual disinflation rate, reducing future SOL issuance.　　According to finalized voting results, the proposal received 67% support, with 25.16% voting against and 7.84% abstaining. Overall participation reached 60.7% of eligible stake.　　The proposal, known as SGP-0002 or Double Disinflation, increases Solana‘s annual disinflation rate from 15% to 30%, while leaving the network’s long-term inflation target of 1.5% unchanged.　　Under the new schedule, Solana is expected to reach its 1.5% terminal inflation rate in about 2.8 years, compared with roughly 5.7 years under the previous schedule, Solana Compass reported. The change would result in an estimated 18.9 million fewer SOL being issued over the next six years, reducing dilution for SOL holders but also lowering staking rewards for validators and delegators.　　SGP-0002 passed with 67% support and 60.7% participation. Source: Solana Governance　　The vote was part of Solanas first binding governance process, which also approved a proposed Solana Constitution while rejecting a separate proposal on resource and inclusion fees.　　Some of the largest participants were divided over SGP-0002. Figment, the largest voter shown in finalized governance data with 17.1 million SOL staked, voted entirely against the measure, while Helius and Jupiter overwhelmingly backed it.　　Kraken was among those

08-29Industry

Avici attack drains over $1M from Solana users

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.　　SummaryThe 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 withdrawals.Avici acknowledged a card balance withdrawal issue but did not confirm the reported loss.AVICI fell 49.4% within 24 hours and touched a record low of $0.2175.　　Avici attacker adds administrators before withdrawals　　According to reports, the suspected attacker had collected 10,005.03 SOL, worth about $1.07 million at 18:58 UTC, along with approximately $11,600 in USDC and USDT. Its analysis was based on Solana transaction logs and RPC data gathered while the attack was still underway.　　The wallet received its initial funding through deBridge at 13:40 UTC, when 1.79 SOL arrived from another network. After remaining inactive for about three hours, the address made its first call involving Avicis programs at 16:49:48 UTC.　　Transaction logs reviewed by the publication showed the same three-step process across affected accounts. First, the wallet called SubmitSignatures through Avici‘s authorization program in a transaction that also used Solana’s Ed25519 signature verification program.　　You might also like:　　CCC exploit drains $117K

08-29Industry

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