US Chicago PMI crashes to 47.1, missing forecast by over 10 points The unexpected PMI drop signals potential economic instability, challenging growth forecasts and complicating Federal Reserve policy decisions.
🍳 COOKING BNB — Daily Digest · Aug 28 · 13:00 UTC · 22:00 KST 3 hours of crypto, markets & AI. Curated with care. 🥘
🔥 THE CENTERPIECE Circle gives legacy USDC apps 95 days before old cross-chain transfer routes stop working Burn limits start falling Oct. 31 before contracts pause Dec. 1, while Noble and Sui remain the only V1-only routes. 🍽 Read at CryptoSlate · echoed by 1 more outlet
₿ CRYPTO
🟠 SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia — CoinDesk +1 🟠 Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO — Cointelegraph +1 🟠 SEC Sues 38 Entities for Allegedly Falsifying Filing Information to Pose as U.S. Investment Advisers — PANews 🟠 Capital B completes €21 million financing, plans to increase holdings by 270 bitcoins — PANews
🇰🇷 KOREA KITCHEN
🇰🇷 Solana issuance reduction approved, swap trading support announced — TokenPost 🇰🇷 Bitcoin options market stirs as BTC recovers to $80k — Bloomingbit 🇰🇷 Upbit trading volume down 69.9%, XRP dominates — TokenPost 🇰🇷 AsiabroadBand recommends GoldAxis wallet migration — TokenPost
📈 MACRO
🌐 Japan spent record $96.5 billion to support yen over past month, ministry data shows — Reuters +1 🌐 How a plan to fix a $326 billion hole on bank balance sheets could underpin a Warsh and Bessent Treasury twist — MarketWatch …
SEC Sues 38 Entities for Allegedly Falsifying Filing Information to Pose as U.S. Investment Advisers PANews reported on August 28 that the U.S. SEC sued 38 entities, accusing them of making material false statements in Form ADV filings submitted between 2025 and 2026 to create the image of legitimate U.S.
A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25% The company plans 51.6 million new shares against fewer than 5 million outstanding, while any Nasdaq cure remains conditional.
🌍 TOP STORIES • Judge rules Trump administration illegally retaliated against Anthropic. — BBC Business +2 • BitGo acquires NYDIG trading arm to expand institutional crypto services. — Cointelegraph +1 • Visa partners with Dunamu on stablecoin payments across South Korea. — CoinDesk +1
₿ CRYPTO • Ethena extends USDe backing to equity perpetuals with $6B open interest. — Crypto Briefing +1 • Circle grants legacy USDC apps 95 days before halting old cross-chain routes. — CryptoSlate +1 • Bitcoin bear market declared over as price metric mirrors 2023 recovery. — Cointelegraph +1 • Bullish finances USD.AI with $100 million for GPU-backed lending protocol. — CoinDesk +1
📈 MARKETS • SBI invests $270 million for 20% stake in Indonesia's Ajaib fintech. — CoinDesk +1 • Grayscale reports Bitcoin-gold correlation rises to 50% amid currency weakness. — PANews +1 • SEC crypto custody rewrite enters White House review for final approval. — The Defiant
🤖 AI • Matt Lucas and Hugh Bonneville urge lawmakers to regulate AI voice cloning. — BBC Business +1 • Meta executive departs for OpenAI amid growing India scrutiny of social media. — TechCrunch AI
Ledger says the viral “hack” was already patched, but two real bugs still needed fixing Version 1.22.3 now closes a 257-operation blind spot and a limited swap approval substitution.
🍳 COOKING BNB — Daily Digest · Aug 28 · 11:00 UTC · 20:00 KST 3 hours of crypto, markets & AI. Curated with care. 🥘
🔥 THE CENTERPIECE Japan’s foreign exchange intervention hits record 15.4 trillion yen in a single month Japan's record currency intervention highlights the unsustainable reliance on foreign reserves, risking economic stability and global market impacts. 🍽 Read at Crypto Briefing · echoed by 1 more outlet
₿ CRYPTO
🟠 Circle strikes Chelsea front-of-shirt sponsorship deal featuring USDC — The Block 🟠 Sanctum surpasses Jupiter Exchange as top protocol on Solana by TVL — Crypto Briefing 🟠 Crypto advisors used SEC certificates that were never issued — Protos 🟠 Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate — CoinDesk
🇰🇷 KOREA KITCHEN
🇰🇷 Ethereum whale buys $13.55M worth tokens in 30 minutes — Bloomingbit 🇰🇷 BlackRock ETF inflow of $3.161B observed — TokenPost 🇰🇷 Dogecoin forms bullish flag pattern, potential 30% rise above $0.09 — Bloomingbit 🇰🇷 Solana below $105, up 1.05% in 24 hours — TokenPost
📈 MACRO
🌐 Auto & Transport Roundup: Market Talk — WSJ Markets🔒 🌐 U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare — CNBC 🌐 Financial Services Roundup: Market Talk — WSJ Markets🔒
Official Pokémon X account hacked for 30 minutes to push fake $POKEMON memecoin The hack underscores the vulnerability of major brands to digital scams, highlighting the growing distrust between mainstream entities and crypto ventures.