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South Korean exchanges Upbit and Bithumb will end trading support for Storj (STORJ), JasmyCoin (JASMY) and ThunderCore (TT) on Sept. 14 after warning-designation reviews found the issues unresolved. Upbit will keep withdrawals open until Oct. 14. ThunderCore disputes the concerns, and Storj Labs remains active despite its Chapter 11 filing.
AI Analysis
The article reports imminent delistings on major South Korean exchanges, which is directly negative for the listed tokens and can pressure short-term trading. It also notes withdrawals remain available for a limited period, but the main event is the loss of trading support.
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The Smarter Web Company has not named who will inherit Jesse Myers’ implementation, analytics and investor-facing duties while directors retain overall strategy and risk authority.
he Smarter Web Company, which reported holding 2,712 BTC earlier this month, said Jesse Myers, Head of Bitcoin Strategy, will leave on Sept. 1 while its Bitcoin Treasury Policy remains unchanged under board oversight.
The Aug. 25 notice did not give a reason for Myers’ departure, name a successor or say how his responsibilities would be reassigned. Those unanswered questions matter because Myers held a documented operational role in the company’s Bitcoin strategy.
In January, Smarter Web identified Myers as part of the senior executive team responsible for day-to-day management of the group. His remit included implementing the treasury strategy, improving Bitcoin per share, managing its data and analytics repository, and producing investor materials and relations work.
The board, however, retains overall authority for management, strategy and risk. Smarter Web said directors regularly review the Bitcoin Treasury Policy and monitor the company’s market value relative to its Bitcoin holdings when considering capital deployment.
Smarter Web does not self-custody its Bitcoin. It uses a group of institutional providers and said allocations are reviewed under its treasury-governance and risk-management framework. That limits direct key-person custody risk, but it does not identify who now owns internal analysis, capital-allocation support and execution coordination.
Financing decisions have already affected the treasury. On July 23, Smarter Web sold 177.8909127 BTC to repay $11.7 million under a financing instrument called Smarter Convert, eliminating 7,718,551 potential shares. The separate Coinbase facility remained drawn in the Aug. 3 update.
The next governance signal is therefore not whether the policy survives; Smarter Web has said it does. It is whether the company names a successor or explains how Myers’ implementation and analytics duties will be divided while the board retains final accountability.
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The possible charge excludes statutory interest, while the miner's current cash and protest deadline remain undisclosed.
rypto miner Sphere 3D said it could face approximately $2.2 million in supplemental US tariffs, before interest, on Bitcoin miners purchased in 2022 by a subsidiary it now owns.
The company said in an Aug. 24 filing that US Customs and Border Protection treated the equipment as Chinese-origin goods.
The filing stated seller-provided import documents included a certificate of origin and a certificate of manufacture certifying the miners were not of Chinese origin. It called CBP's allegation meritless, said it plans to protest, and said the amount payable remains uncertain.
The filing does not disclose CBP's origin analysis, the subsidiary or seller involved, the miner models or entries, the country Sphere 3D claims, the procedural trigger, or the certificates themselves. It also does not quantify statutory interest or say whether Sphere 3D has accrued, paid, or bonded any amount.
Sphere 3D's June 30 balance sheet, its first after completing the Cathedra Bitcoin combination, showed over $2.8 million in cash, $0.2 million in working capital, and roughly $5.9 million in current liabilities. The company also held 20.5 BTC valued at nearly $1.2 million.
The possible $2.2 million charge before interest equaled about 77% of that cash balance and roughly 11 times the reported working capital. The company subsequently received $1.7 million of additional proceeds through its at-the-market equity program.
The June 30 filing also showed over $9 million in first-half operating cash use, nearly $5.3 million in proceeds from Bitcoin sales, and over $2.4 million in net financing proceeds. Management said recurring losses and negative operating cash flow created substantial doubt about the company's ability to continue without more funding.
Sphere 3D said it plans to protest the tariff claim. Federal customs rules generally give importers 180 days after the relevant liquidation, reliquidation, or other protestable CBP decision. The public record does not show its specific deadline because the company did not disclose the notice or its procedural trigger.
No public evidence connects those shipments, that vendor, or those models to the 2026 dispute.
The company also remains Sphere 3D and continues to trade as ANY. Its approved name change to DarkHorse Technologies and proposed DRK ticker remain pending.
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Falcon Finance’s USDf is an overcollateralized synthetic stablecoin designed to hold its peg to the U.S. dollar through diversified crypto reserves and institutional-grade decentralized finance ( DeFi) strategies.
Unlike conventional fiat-backed tokens, USDf relies on crypto assets—including stablecoins such as USDT and USDC alongside volatile tokens like BTC and ETH—as collateral.
USDf minting requires overcollateralization: stablecoins are accepted at a 1:1 ratio, while volatile tokens demand higher deposits (for example, $150 in ETH to create 100 USDf) to absorb market price swings.
To maintain its $1 peg, falcon usd (USDf) also deploys arbitrage and delta-neutral trading. When the token dips below $1, buyers are incentivized; when it climbs above, users are motivated to mint and sell—automated mechanisms that restore balance.
At the close of March, USDf’s market capitalization was $85 million. Over the past 146 days, its supply has expanded by 1,355.29%. Roughly 91% of USDf circulates on the Ethereum blockchain, with the remaining share issued on Binance Smart Chain.
Documentation explains that holders can stake USDf to receive sUSDf, an appreciating ERC-4626 token. Yields are generated from market-neutral strategies such as funding-rate arbitrage (44% of returns) and cross-exchange arbitrage (34%), offering up to 11.8% APY.
Locking sUSDf for three to twelve months can raise returns to 15%. The protocol enforces a collateral ratio between 115% and 116%, with reserves audited quarterly and monitored in real time using Chainlink Proof of Reserve. As of Aug. 18, 2025, USDf’s market capitalization stood at $1.24 billion.
Growth drivers include partnerships such as Bitgo, integration with tokenized treasuries, and deployment on trading platforms like Uniswap and Curve. Supply exceeded $1 billion just three months after its April 2025 debut. USDf sits among a wave of fresh contenders climbing into the top ten stablecoin ranks, alongside Sky’s USDS, Blackrock’s BUIDL, World Liberty Financial’s USD1, and Ethena’s USDtb.
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The Genlayer Foundation is leading the 27-firm consortium that makes AI-based payments, escrow and dispute resolution interoperable.
group of crypto and Web3 firms that includes OKX, MetaMask, Matter Labs and Genlayer have formed the “Internet Court” to reach dispute resolutions between AI agents.
These days, AI agents negotiate and pay one another without humans in the loop, but as with human-to-human transactions, agent-to-agent transactions will run into contractual disagreements.
The problem is that agentic systems have no way to settle these disputes, and traditional courts are not built to handle such cases. Hence the need for the 27-firm-backed protocol, led by the Genlayer Foundation, which makes AI-based payments, escrow and dispute resolution interoperable, according to a press release.
Agentic commerce is not prepared for the potential fallout when agents disagree at machine speed, according to David Riudor, CEO and co-founder of the GenLayer Foundation. “Internet Court is the shared place agents can turn to when a deal goes wrong. Machine-speed money needs machine-speed adjudication,” he said.
A key problem the dispute protocol solves is interoperability between a variety of AI commerce systems. Agentic commerce is certainly charging ahead but the infrastructure underpinning this new economy is still highly fragmented
There’s a wave of emerging protocols and standards, from Coinbase's x402 for payments to ERC-8004 for agent identity and Google’s A2A for agent interoperability. Each system solves one layer of the stack and leaves the rest for the agents to figure out, said Albert Castellana, co-founder and CEO of GenLayer Labs.
Internet Court makes them work together,” Castellana said. “With our founding members, we’re turning a fragmented space into a single open skill that any agent can use to make financial commitments hold up, even when they're contested.”
GenLayer is using the MetaMask Smart Accounts Kit, including ERC-7710 delegations and its x402 Facilitator, as part of Internet Court, added Ryan McPeck, Smart Accounts Lead at MetaMask.
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A historical village hall which is currently being refurbished has been badly damaged in a break-in.
Burglars broke water pipes and flooded part of the century-old East Boldre Village Hall in the New Forest, its management team said.
The vandalism, including damage to wires and cables, will have a "serious impact" on the renovation project, the team added.
Hampshire police said items including tools were stolen some time between 17:00 BST on 15 April and 08:30 on 16 April.
Trustees raised more than £450,000 for the refurbishment, which began at the start of February.
In a Facebook post, they said: "The wanton vandalism damaged the recently installed fire alarm cables and electrical wiring and water pipes were damaged resulting in a flood.
This is a serious setback for the works programme in terms of time and cost."
The village hall, built in 1918 as an RAF concert hall, is the last remaining building from the World War One Beaulieu Airfields, according to the charity that runs it.
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