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Cardone Capital adds 1,200 BTC using rental income

Cardone Capital has added about 1,200 BTC and 2,000 multifamily units to its real estate-backed Bitcoin strategy, increasing both assets held across its private investment vehicles. Grant Cardone said in an X post on Aug. 28 that his $5.3 billion…

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SEC moves to exempt EU debt futures under US rules

The U.S. Securities and Exchange Commission has proposed a rule amendment that would exempt European Union debt from futures trading and open a 60-day public comment period. SEC proposal would cover EU debt futures The SEC, in an Aug. 28…

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Kalshi loses Nevada appeal over sports event contracts

A three-judge federal appeals panel has rejected Kalshi’s attempt to block Nevada gaming regulators from enforcing state laws against its sports event contracts. The U.S. Court of Appeals for the Ninth Circuit ruled on Aug. 28 that Kalshi had not…

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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. Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators…

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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 industry’s most active hacking operations. Lazarus Group moves 244 BTC between wallets Lookonchain reported the transfer in…

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Irish drug dealer’s 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…

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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. HyENA will remove markets over three days HyENA said in an Aug. 28 shutdown…

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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. Avici attacker adds administrators before withdrawals According to reports, the suspected…

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Strive’s SATA may fund 1,192 BTC purchases this week

Strive’s SATA preferred stock has generated an estimated amount of funding sufficient to purchase 1,192 Bitcoin this week, according to live market monitoring. SATA has reopened Strive’s Bitcoin funding channel BitcoinTreasuries.NET estimated on Aug. 28 that trading in Strive’s Variable…

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Warsh’s Jackson Hole speech puts rate hike on the table

Federal Reserve Chair Kevin Warsh has put another interest-rate increase on the table after saying inflation remains well above the Fed’s 2% target, sending Bitcoin below $80,000 as traders raised their rate-hike bets. Warsh says inflation must return to 2%…