Strategy Skips Bitcoin Buy to Repurchase $176M STRC

Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock. Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to a Tuesday filing with the US Securities and Exchange Commission. The company also doubled…

Bitcoin Faces a Support Battle at $78,300 as Middle East Woes Pressure Risk Assets

Bitcoin (BTC) dipped below $78,000 at Tuesday’s Wall Street open as risk assets fell on renewed Middle East tensions. Key points: Bitcoin briefly dropped under $78,000 for the first time since Sept. 3, following downside pressure on US equities. WTI crude oil hit three-month highs near $95 per barrel on renewed military strikes in the…

Copper CEO Amar Kuchinad departs as search for a buyer enters a fourth month

Kuchinad, the CEO of cryptocurrency custody firm Copper since 2024, has left the company, according to two people familiar with the matter. Source link

Cronos confirms $9.2M slipped away before Tectonic exploit rollback

Cronos’s post-mortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred off-network before validators intervened. Source link

Bitmine Buys 28k ETH, Completes 97% of Treasury Accumulation Goal

Bitmine Immersion Technologies, the largest corporate Ether holder, announced another purchase of the second-biggest crypto, bringing the company closer to management’s goal of accumulating 5% of the total supply. Bitmine acquired 28,086 Ether (ETH) last week, according to a Tuesday announcement, which is currently worth about $69.5 million. The purchase brings Bitmine’s total holdings to…

Is Bitcoin Too Volatile To Risk Your Retirement On?

You stack sats. You farm yield, and you’d rather sell your car than part with your BTC. But does that mean you should bank your golden years on Bitcoin? Many retirement industry professional such as MIT finance professor Jonathan Parker say there is a sweet spot level for crypto exposure in a diversified retirement portfolio:…

Uzbekistan begins government bond-backed stablecoin payment pilot

Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Source link

Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

South Korea’s budget office warned that stablecoin adoption could reduce banks’ roles as credit intermediaries and potentially destabilize token pegs during mass redemptions. Source link

Australia Tightens Crypto Oversight With 45 Registration Actions

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. Source link

Liquid Recovers 85% of Bitcoin Withdrawn in Exploit

Purported white-hat hackers returned 3,400 Bitcoin worth about $270 million to the Liquid Federation wallet after withdrawing roughly $320 million from the Bitcoin sidechain’s reserves.  On Monday, JAN3 CEO and former Blockstream executive Samson Mow said the return followed confirmation from Blockstream that the affected bridge nodes had been patched. He said about 598 BTC…