Latest Crypto News & Market Updates

Solana inflation cut clears vote with 67% support

Solanas proposal to double its annual disinflation rate has cleared a governance vote with 67% support, placing the network on course to reduce projected SOL issuance by 18.9 million tokens over six years.　　Summary67% of participating SOL backed the faster disinflation schedule, narrowly exceeding the two-thirds requirement.60.7% of eligible stake participated, comfortably meeting the one-third quorum.SOL inflation would decline twice as fast but retain its existing 1.5% minimum rate.A separate resource-fee proposal failed after receiving 53.9% support.　　Solana inflation proposal narrowly clears required vote　　Solanas official governance dashboard showed that SGP-0002, called Double Disinflation, finished voting with 176.29 million SOL in favor, representing 67% of the participating stake.　　Another 66.19 million SOL, or 25.16%, opposed the proposal, while 20.63 million SOL, or 7.84%, abstained. Voting participation reached 60.7%, representing 433.49 million SOL and exceeding the one-third quorum required under Solanas governance rules.　　Under the Solana governance process, a proposal passes when at least one-third of network stake participates and two-thirds of all participating stake votes in favor. Abstentions count toward both participation and the total used to calculate support, leaving SGP-0002 only slightly above the required 66.67%.　　You might also like:　　Bitwise Solana ETF becomes first to cross $1 billion　　The result provides a stake-weighted mandate to proceed

08-29Industry

Bitwise Solana ETF becomes first to cross $1 billion

Bitwises Solana Staking ETF has surpassed $1 billion in assets less than ten months after its launch, becoming the first individual Solana ETF to reach the level.　　SummaryBSOL held 9.33 million SOL worth approximately $1.018 billion as of Aug. 26.Eric Balchunas said Solana funds have retained most of their $1.7 billion in accumulated inflows.Bitwise reported that 96% of BSOLs assets were staked, with a 5.80% net reward rate.SoSoValue tracked $1.22 billion in cumulative inflows across a narrower group of U.S. spot Solana ETFs.　　Bitwise Solana ETF crosses $1 billion　　Bloomberg senior ETF analyst Eric Balchunas said in an Aug. 27 post on X that the Bitwise Solana Staking ETF had become the first Solana ETF to exceed $1 billion in size.　　Balchunas placed the milestone within a Solana fund category that has attracted about $1.7 billion. According to his assessment, the products have returned very little of that capital through sustained redemptions, even though SOL suffered a steep decline during the first half of 2026.　　Bitwise Solana ETF just cracked the $1b mark. First one to do it. The category has seen $1.7b in cumulative flows w really no outflow stretch despite coming off a nightmare downturn first half of year. Impressive. Chart from @JSeyff

08-28Industry

Metaplanet moves $108M in Bitcoin to Coinbase Prime

Metaplanet has transferred 1,350 Bitcoin worth about $108 million to Coinbase Prime as BTC struggles to establish a firm break above $80,000.　　SummaryMetaplanet moved 1,350 BTC worth about $108 million to Coinbase Prime.The transaction followed a separate 1,000 BTC transfer completed on Aug. 25.A Coinbase Prime deposit can support trading, custody, or collateral activity and does not confirm a sale.Metaplanet officially reports 43,000 BTC, while its tracked wallets contain about 38,650 BTC.　　Metaplanet sends another 1,350 BTC to Coinbase Prime　　Lookonchain reported on Aug. 28 that Metaplanet transferred 1,350 BTC, valued at approximately $108 million, to Coinbase Prime. The on-chain analytics account identified the sending addresses as belonging to the Tokyo-listed Bitcoin treasury company.　　A transfer to Coinbase Prime can place the assets within reach of institutional trading services, which has led some market participants to question whether Metaplanet could sell part of the position. However, the transaction alone does not prove that a disposal has occurred because Coinbase Prime also offers custody, financing, and collateral services.　　Metaplanet had not announced a sale or reduction in its official Bitcoin balance at the time of reporting. Confirmation would require a company disclosure or further on-chain evidence showing that the coins were sold rather than held in

08-28Industry

Polish Olympic chief charged in Zondacrypto probe, justice minister says

Polish prosecutors charged the head of the Polish Olympic Committee in an investigation linked to defunct cryptocurrency exchange Zondacrypto.　　Authorities detained the committee‘s president, Radosław Piesiewicz, in connection with the Zondacrypto probe, Poland’s Justice Minister and Prosecutor General Waldemar Żurek announced in an X post on Thursday.　　Żurek later said prosecutors charged Piesiewicz under two provisions of Polands Penal Code, involving allegations of influence peddling and favoring some creditors over others while facing insolvency.　　According to local news outlet TVP World, the allegations include Piesiewicz recovering all the money he had invested through Zondacrypto while thousands of other customers could not withdraw their funds. The exchange became a general sponsor of the Polish Olympic Committee in October 2025.　　Source: Zondacrypto　　Piesiewiczs detention marks one of the first arrests in the Zondacrypto investigation. The exchange stopped trading in April amid a liquidity crisis, around the same time then-CEO Przemysław Kral said it could not access a wallet holding about 4,500 Bitcoin because it did not have the private keys.　　Kral has reportedly been charged with participating in large-scale fraud and is cooperating with investigators in an effort to receive a reduced sentence.　　Related: Bithumb wins 2 suits over mistaken Bitcoin credits: Report

08-28Industry

Crypto Biz: Bitcoin pumps, Wall Street does the paperwork

Bitcoin‘s return above $80,000 is exposing just how much the crypto industry now runs through traditional capital markets. Michael Saylor’s Strategy needs a receptive market to finance its Bitcoin machine (BTC), Circles outlook increasingly resembles a bet on the growth of dollar-denominated financial infrastructure and Treasury bond buybacks helped provide the backdrop for the latest surge in crypto equities.　　This week‘s Crypto Biz looks at how that relationship is reshaping the companies, balance sheets and networks behind the market’s rebound.　　Bitcoin rally sends crypto stocks soaring　　Bitcoin‘s rally above $80,000 lifted crypto stocks as miners and digital asset treasury companies posted double-digit gains, tracking a broader recovery fueled by the US Treasury’s plan to double certain long-dated bond buybacks.　　Canaan, MARA Holdings and Strive were among the biggest gainers over the past week, while Coinbase and Robinhood also rallied. Bitcoin extended its weekly advance past 23%, while Ether gained nearly 30% to trade above $2,500, according to CoinMarketCap data.　　Support also came from President Trump renewing calls for Congress to pass the CLARITY Act, though the bill remains stalled after lawmakers failed to advance it before the August recess. The bill could establish clearer rules for US crypto markets, while Trump separately revived the prospect

08-28Industry

Bitcoin Traders Watch Fed Chair Warsh for Clues—And Get Nothing

In briefFed Chair Kevin Warsh delivered his first Jackson Hole keynote on his 100th day in the job, formally declaring that forward guidance—verbal hints about future rate moves—has “overstayed its welcome.”Warsh footnoted his own 2022 essay on cryptocurrency and the dollar while arguing that “money” deserves closer Fed attention.The Feds preferred inflation gauge sits at 3.7% annually, nearly double its 2% target.　　Kevin Warsh marked his 100th day as Federal Reserve chair on Friday by doing what hes made a habit of since taking the job: refusing to tell markets what comes next.　　The crypto market reacted in kind by, well, not doing much of anything. Bitcoin is flat today after a record-breaking rally took it briefly above $80,000 this week, while the crypto market as a whole hovers around a $2.7 trillion market cap, down a slight 0.2% today.　　Myriad: What will the Fed do in September？ Click to make your prediction.　　In a keynote titled “In Our Time” at the Kansas City Feds Jackson Hole symposium, Warsh formally declared that forward guidance—the Feds practice, dating to the 2008 financial crisis, of hinting where interest rates are headed—has, in his words, “overstayed its welcome.” For two decades, Fed chairs have used this exact

08-28Industry

BlackRock just pulled in 115% of all Bitcoin ETF inflows in a single day as rival funds bleed cash

BlackRocks iShares Bitcoin Trust (IBIT) pulled in more money than the entire US Bitcoin exchange-traded fund (ETF) market gained on Aug. 27.　　Related Asset Bitcoin #1 BTC · $77,973.83 24-hour change: down 3.16% 24H Down 3.16% 7D Up 0.76% 30D Up 22.43%　　IBIT attracted $277.6 million during the trading session, while US spot Bitcoin ETFs collectively recorded $242.3 million in net inflows, according to Farside Investors data. That means BlackRock‘s fund accounted for roughly 115% of the market’s net result.　　The notable gap came from redemptions elsewhere. Fidelity‘s FBTC lost $83.6 million, and Grayscale’s GBTC shed $27.2 million, producing $110.8 million of combined outflows.　　Related Company BlackRock American global investment management corporation　　Meanwhile, smaller products offset part of that pressure. Bitwise‘s BITB, ARK 21Shares’ ARKB, VanEck‘s HODL, MSBT and Grayscale’s lower-fee BTC fund attracted a combined $75.5 million.　　Related Company Fidelity Financial services company　　Even after those inflows, every fund outside IBIT collectively finished the session with a $35.3 million net outflow.　　Related Company Grayscale A trusted authority on digital currency investing　　BlackRocks dominance extends beyond a single session　　The $242 million overall inflow extended the broader Bitcoin ETF markets positive streak to nine consecutive trading sessions while underlining how the run has depended heavily on BlackRock.　　That dependence extends beyond

08-28Industry

Who is legally liable when an AI agent goes rogue？

Autonomous AI agents can behave in highly unpredictable ways. Give an AI Agent a goal such as passing a test of its capabilities, and it might just decide the best way to score highly is to break containment and hack into a competing company in search of the answer sheet.　　That‘s what happened when Open AI’s GPT-5.6 Sol hacked into Hugging Face last month. Anthropic and Meta subsequently admitted their models had also escaped testing sandboxes to hack third parties too.　　But who is legally liable for agents that have minds of their own？ OpenAI didn‘t intend for the model to go rogue, and issued no instructions for it to do so. If your personal AI agent decides on a course of action that results in harm or financial damage in the real world, can you be held liable if it’s something you could have reasonably foreseen？　　Magazine spoke with Rikka Law Group owner and CEO Charlyn Ho to find out the state of play in this emerging legal field.　　This interview has been edited for clarity and length.　　Magazine:When an AI model hacks an outside company, who is liable. Can Hugging Face sue OpenAI over the incident in July？　　Charlyn Ho:Anyone can sue anyone for

08-28Industry

Chelsea names Circle front of shirt partner in USDC sponsorship deal

Circle has signed a principal partnership with Chelsea Football Club that will put USDC branding on the front of the club‘s men’s, womens and academy shirts beginning with the 2026/27 season.　　SummaryCircle has become Chelsea FCs principal and official front of shirt partner for the 2026/27 season.Circle and USDC branding will appear across Chelsea‘s men’s, womens and academy shirts under the partnership.The branding will make its Premier League debut during Chelsea mens first home match of the season against Brighton.The deal extends Chelseas ties with the crypto industry after its previous sponsorship partnership with crypto exchange BingX.Circle has expanded USDC distribution through banks, payment companies and digital asset platforms during 2026.　　Chelsea FC announced the agreement on Aug. 28, naming Circle Internet Group as its Official Front of Shirt Partner, with the branding scheduled to make its Premier League debut during Chelsea mens first home match of the season against Brighton on Sunday.　　Circle puts USDC on Chelsea shirts　　Under the agreement, Circle and its USDC stablecoin will appear across Chelsea‘s match shirts during the 2026/27 campaign, giving the digital dollar brand exposure through the club’s men‘s, women’s and academy teams.　　Circle, which was founded in 2013, issues USDC and operates financial infrastructure designed around

08-28Industry

Who Is Legally Liable When An AI Agent Goes Rogue？

08-28Industry

...

532534

...

1000