Author: John Smith

Remixpoint has sold its entire altcoin portfolio for ¥878.8 million, leaving the Japanese listed company with roughly 1,506 Bitcoin as its only cryptocurrency holding. Summary Remixpoint sold all of its ETH, SOL, XRP and DOGE holdings on September 1 for ¥878.8 million. The transactions generated a combined realized profit of ¥117.8 million, which will be booked as business segment revenue in the second quarter. Remixpoint now holds only Bitcoin in its crypto portfolio, with its balance standing at approximately 1,506 BTC. The company plans to consider using the sale proceeds for grid scale battery assets, strengthening its finances and other…

ARK Invest and Glassnode published a joint study on Sept. 1 that found three entities could cross the measured block-production thresholds for both Bitcoin and Ethereum, while Solana required 19. Summary Bitcoin reaches its 51% hash-rate threshold through three mining pools, according to the joint report. Ethereum requires three staking entities to exceed 33%, although pooled delegation complicates direct control assumptions. Solana’s Nakamoto coefficient is 19, but nearly all measured infrastructure operates inside commercial data centers. Bitcoin’s infrastructure is comparatively dispersed, with 63% of measured nodes operating anonymously through Tor networks. Ethereum hosts roughly 49% of execution-layer nodes in clouds,…

X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to enable two-factor authentication and Password reset protection. The email wave coincided with X Money’s expansion to eligible U.S. subscribers. X finds no breach in initial password-reset review X Product Engineering team member Mridul Singhai said Tuesday that the company was examining reports from users who…

Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate increase in 2026. A separate contract places the probability of a September quarter-point hike at 57%. CPI, PPI and employment data could affect the Fed’s Sept. 15–16 decision. Barr supports a Fed rate hike if inflation stays high The Federal Reserve said in Barr’s Sept.…

Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled at $94.65, while U.S. crude closed above $90 per barrel. U.S. strikes targeted Iranian positions after reported attacks near the Strait of Hormuz. Bitcoin price falls below $77,000 The U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at…

Kast has launched a stablecoin-based business platform offering accounts, cards, transfers in more than 20 currencies, and returns of up to 8% APY across over 170 countries. Summary Kast Business combines fiat accounts, stablecoin deposits, virtual cards and local currency payouts. Companies can earn up to 8% APY on idle balances and receive up to 3% cashback. Kast operates as a fintech rather than a bank, using licensed partners for regulated services. The company plans to add between 1,000 and 5,000 active businesses by the end of 2026. Kast said its new KAST Business platform gives companies a single service…

RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. Summary An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral. RedStone said borrow caps tied to executable liquidity could have limited the losses. Cronos has restarted after restoring its chain state to a point before the attack. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s price in the pool it monitored,…

Predict.fun has launched a self-service developer dashboard that lets builders create applications, generate API keys, monitor usage and manage rate limits from one interface. Summary Developers can create Predict.fun applications and generate API keys without opening a manual support request. The dashboard displays API usage and lets developers request higher usage-based rate-limit tiers. Existing API keys can be imported into the portal for centralized management. New applications receive trade burst limits for order creation and cancellation by default. Predict.fun developer dashboard centralizes API access Predict.fun said in a post on X that the new portal gives developers direct control over…

ETF inflows have broken the historical record of $1.66 billion, while XRP prices continue to decline amid market volatility. UE Crypto has launched a new cloud mining smart contract, and its return mechanism has attracted significant attention from XRP holders. Summary On August 31, XRP prices fluctuated between $1.37 and $1.39, declining by 2% over 24 hours. The Senate is scheduled to hold a cloture vote on the CLARITY Act at 2:15 p.m. on September 15. UE Crypto promotes its cloud mining contracts as an alternative for XRP holders seeking returns beyond price appreciation, with daily returns varying depending on…

Bitcoin price traded just below $78,000 on Sept. 1 after retreating from the $81,000 area, as fading trend strength, Federal Reserve rate concerns and nearby liquidation clusters kept the cryptocurrency inside a narrow range. Summary Bitcoin price fell about 1.9% over seven days after encountering resistance near $81,300. The 4-hour ADX dropped to 12.26, indicating weak directional momentum. Liquidation liquidity is concentrated around $81,000–$82,000 and $75,000–$77,000. A daily close above $82,842 would strengthen the case for another leg higher. Bitcoin price consolidates after 25% August rally According to data from crypto.news, Bitcoin (BTC) price was trading near $77,978 at press…