BIS chief warns AI capex arms race relies on opaque debt, posing systemic risks
Pablo Hernandez cited historical railway and dot-com bubbles to caution that spending driven by hype over actual profits risks broad economic corrections.
Bitcoin trades near $78,000 as memecoins, small caps lead a broad crypto retreat
Bitcoin fell 2% over 24 hours to $78,111 as 95 of the 100 CoinDesk 100 constituents declined, with most of the damage done overnight.
Indian agri warehouse giant is putting $2 billion in grain-backed loans onchain
Arya.ag is using Avalanche technology to tokenize grain deposits to help lenders verify crops backing agricultural loans.
Dogecoin sinks 5% to lead majors’ losses, with bitcoin holding $78,000 level
Dogecoin led the losses, BNB fell about 4% and XRP 3%, with oil pushing Treasury yields to their highest since late 2023.
SGX’s bitcoin and ether perpetual futures are now open to U.S. institutions
The Singapore Exchange says U.S. institutions can now trade its bitcoin and ether perpetual futures, a milestone that bridges U.S. trading desks with Asian...
Hunter Biden’s LAPTOP blames bots after 98% crash as traders rack up six-figure losses
The team said thin liquidity and automated traders distorted the launch, while Nansen data showed some early buyers sitting on six-figure losses after the...
Crypto wins regardless of Clarity Act vote, Coinbase’s Armstrong says
Coinbase CEO tells CNBC the crypto industry gets regulatory clarity whether or not the Senate passes the bill on Sept. 15.
Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter
Bitcoin Magazine Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter Bitcoin-focused Block Inc. has become the latest company to apply...
Iran Continues Using Bitcoin To Keep Economy Stable: Report
Bitcoin Magazine Iran Continues Using Bitcoin To Keep Economy Stable: Report Iran is continuing to use bitcoin as a way to skirt around sanctions...