Jembatan kripto kehilangan hampir semua 200.000 XRP dalam 97 menit
Memahami Ripple, XRP, dan XRPL (3:17) Seorang penyerang menguras hampir 200.000 XRP dari jembatan lintas-rantai Coreum dalam rentang waktu cepat 97 menit pada 9 Agustus, dengan memanfaatkan celah dalam cara jembatan tersebut mengonfirmasi setoran, bukan karena adanya kelemahan apa pun pada XRP Ledger itu sendiri. Jembatan lintas-rantai menghubungkan dua blockchain yang berbeda, memungkinkan pengguna memindahkan aset antarjaringan yang tidak dapat saling berkomunikasi secara langsung. Jembatan Coreum memungkinkan pengguna mengunci XRP di XRP Ledger dan menerima jumlah token yang setara di jaringan Coreum.
‘People are putting money behind the outcome’ — Polygon CEO on Polymarket (4:35) Italy's heat waves have put the country's "cheese banks" at risk, which store wheels as collateral to grant loans, Euro News reported on Aug. 11. Italy has the largest variety of cheeses of any nation in the world, with over 2,500 traditional varieties. The Mediterranean country's economy is also deeply tied to its cheese industry. Related: Major gold holder gives customers weeks before platform shutdown The country has a long tradition of "cheese banks," the climate-controlled vaults in the Emilia-Romagna region where enormous quantities of Parmigiano Reggiano cheese are kept as collateral for farm loans. Parmigiano Reggiano or Parmesan is a hard and granular cheese produced from cow's milk and aged at least 12 months. The variety is named after the Italian provinces of Parma and Reggio Emilia where it is produced. Parmigiano is the Italian adjective for the city and province of Parma and Reggiano is the adjective for the province of Reggio Emilia. The logo of Parmigiano Reggiano is pictured on a wheel of cheese at the Casearia Castelli, member of Lactalis Group, at the Caseificio Tricolore in Reggio Emilia, Northern Italy, on April 19, 2023. Getty Images Blockchain technology digitizes cheese loan process Credito Emiliano is an Italian bank well-known for storing wheels of Parmigiano Reggiano cheese as collateral for loans since 1953. Its subsidiary, Magazzini Generali delle Tagliate, matures the cheese in Reggio Emilia and Modena, holding more than half a million wheels worth well over €300 million. Cheese producers can secure 60%-80% of a wheel's value upfront when they collateralize it. The industry is also using blockchain technology to digitize the loan process, the Euro News report said. Blockchain technology is a decentralized digital ledger that stores data across a network of computers. Information is grouped into blocks and linked together in a chronological chain. Once recorded, the data cannot be changed without the network consensus, making it safe from tampering. Thanks to this technology, farmers can even pledge wheels onchain while the cheese stays in their own stores. However, "cheese banks," which store wheels in vaults as collateral, are still prevalent. Related: What is blockchain? Explained Italy's extreme heat puts 'cheese banks' at risk But the extreme heat in the region this summer is making it risky to keep the inventory at the right temperature, the report said. Daily power consumption at the cheese vaults rose roughly 30% at the peak of this summer, which forced the bank to upgrade cooling and other systems. As wheels sometimes mature for three years, every hot summer compounds the cost long before the cheese can be sold, as per the report. This year's summer is turning out to be one of the hottest in the country's recorded history. Here is how things get worse. As the temperature hits 40°C, cows rest more and eat less, due to which milk yields reduce by as much as 10%. "Extreme heat impacts milk's quality and quantity," said the Parmigiano Reggiano Consortium's president Nicola Bertinelli. Trending on TheStreet Roundtable: BlackRock reveals what Bitcoin investors feel right now Billionaire sues ex-employee over alleged theft Russia will let investors trade three major cryptocurrencies Polymarket traders bet on temperature Launched in 2020, Polymarket is the world’s largest prediction market. It is built on Polygon, the Ethereum-based layer-2 blockchain network. The prediction market lets traders predict events like future Bitcoin (BTC) prices, election results, temperature, etc., by paying with cryptocurrency. Users can deposit Circle's USDC stablecoin, a type of digital dollar, and trade shares that represent the likelihood of specific future outcomes. As Italy put all 27 of its major cities on the highest heat alert last week, Polymarket traders are betting on the highest temperature in Milan. Milan is not only Italy's economic capital, it is also a global fashion capital and an international tourist destination. Tourists flocking to the city seek famed Italian cheeses, and the delicacies are a major part of the food tours. As the tourist city, like other parts of the country, sees its temperature soaring, authorities have warned people to avoid direct sunlight between peak daytime hours, to stay indoors where possible, and to drink at least 1.5 liters of water a day. Tourists could also rethink their Milan plans due to the heatwave. Highest temperature in Milan on August 13, Source: Polymarket Amidst these conditions, Polymarket traders are betting on the highest temperature in Milan on Aug. 13. 41% of the Polymarket traders think the city's temperature will go as high as 35°C, 37% of them think 34°C, and 16% of them are betting it will be as high as 36°C. Less than 1% of the traders think Milan's temperature on Aug. 13 will reach 39°C or higher. As per the World Meteorological Organization, Milan's temperature stood at 34°C at the time of writing on Aug. 11. Milan, Italy temperature, WMO Weather-related markets face criticism However, such weather-related markets have also faced criticism. For instance, some U.S. senators recently urged a ban on wildfire-related bets in the wake of Oregon wildfires because they incentivize traders to commit arson or act mischievous to make sure their bets are successful. "When tragedy unfolds, people turn to the news for commentary and they come to Polymarket for information," A Polymarket spokesperson then told TheStreet Roundtable. "While we are not blind to the risks, removing these markets does not prevent a tragedy but makes the most accurate information less accessible to the people who need it most.” As reported earlier, a trader betting on Paris temperature in April was found to be manipulating a sensor device to ensure they win the related market. So, Polymarket trades are highly sensitive and aren't immune to unfair practices. Related: U.S. senators seek ban on wildfire betting
Peringatan AI Elon Musk tentang dolar mulai terbukti
Bagaimana Elon Musk menjadi penting untuk kripto (2:59) Elon Musk membuat pernyataan pada April bahwa sebagian besar orang beralih ke kebijakan AI dan meneruskan aktivitas. Membacanya lagi pada Agustus, ketika Bitcoin diperdagangkan mendekati $64.000 dan AI menghapus pekerjaan dengan tingkat 27.000 pemotongan per kuartal, semuanya terlihat berbeda. "Jika AI dan robot meningkatkan output," tulis Musk di X, "maka Anda harus menerbitkan dolar kepada masyarakat atau akan terjadi disinflasi besar-besaran." Inti argumennya sederhana: otomatisasi bisa memperluas produksi sedemikian rupa sehingga harga jatuh kecuali daya beli dibagikan untuk menyesuaikan dengan pasokan baru.
Pemegang emas utama memberi pelanggan waktu berminggu-minggu sebelum platform ditutup
Di balik Tether: Bagaimana penerbit USDT bekerja dan mengapa dipertanyakan (4:10) Tether memberi pengguna terakhir dari platform pinjaman yang didukung emasnya waktu berminggu-minggu untuk menarik aset mereka sebelum platform tersebut ditutup untuk selamanya. Perusahaan ini paling dikenal karena USDT, stablecoin terbesar di dunia, yaitu token digital yang dirancang untuk diperdagangkan pada nilai tetap, dalam hal ini satu dolar AS. Terkait: Pemegang emas populer menutup eksperimen berbasis dolar Patokan tersebut dijaga oleh portofolio cadangan yang besar. Per Tether dalam laporan atestasi kuartal kedua tahun 2026, yang ditinjau oleh kantor akuntan BDO, cadangan berjumlah sekitar $187,8 miliar dan sebagian besar disimpan dalam surat utang pemerintah AS (U.S. Treasury bills) serta setara kas (sekitar 80%), disertai sekitar $18,8 miliar dalam emas, sekitar $7 miliar dalam Bitcoin, serta kumpulan pinjaman terjamin dan investasi lainnya yang lebih kecil.
Penambang Bitcoin menjaminkan 18.750 BTC untuk $600M, ini artinya
MoneyGram menghadirkan layanan dari uang tunai ke kripto (3:32) MARA Holdings Inc. (sebelumnya dikenal sebagai Marathon Digital Holdings) baru saja melakukan salah satu langkah pembiayaan Bitcoin korporat yang paling signifikan di tahun 2026. Penambang yang tercatat di publik mengamankan fasilitas pinjaman gabungan sebesar $750 juta melalui dua pinjaman berjangka yang ditutup pada 4 Agustus, menurut pengajuan SEC triwulanan perusahaan, dengan jaminan sepenuhnya berupa 18.750 BTC senilai sekitar $1,2 miliar pada harga saat ini. Namun, hanya $600 juta yang mewakili pinjaman baru. Coinbase Credit menyediakan fasilitas sebesar $450 juta, terdiri dari $300 juta pendanaan segar dan pembiayaan ulang jalur kredit MARA yang sudah ada sebesar $150 juta. Two Prime Lending secara terpisah memberikan pinjaman berjangka senilai $300 juta yang ditarik penuh.
Memahami Ripple, XRP, dan XRPL (3:17) Bank Nasional Kanada, bank komersial terbesar keenam di Kanada, mengungkapkan dalam pengajuan 13F kepada Komisi Sekuritas dan Bursa AS (SEC) bahwa ia memiliki eksposur XRP melalui ETF dalam portofolionya. Bank tersebut juga memegang Bitcoin (BTC), Ethereum (ETH), dan Solana (SOL) melalui ETF serta saham kripto populer di portofolionya. Terkait: ETF besar lainnya mengungkapkan penjualan XRP dalam jumlah masif XRP Dengan kapitalisasi pasar sebesar $63 miliar, XRP adalah mata uang kripto terbesar keenam.
Bounty Bitcoin senilai $190.000 diperebutkan dan sang pencuri diundang untuk mengambilnya
Peretasan kripto menguras $3,4B hanya dalam satu tahun (3:33) BTCPay Server, perangkat lunak gratis yang bisa dihosting sendiri dan digunakan banyak pedagang untuk menerima Bitcoin, mengungkap pada 7 Agustus bahwa ada kerentanan kritis yang sedang dieksploitasi secara aktif terhadap server langsung — dan bahwa beberapa pengguna sudah kehilangan dana. Proyek tersebut mengatakan kerentanan ini memungkinkan penyerang memperoleh kredensial admin macaroon LND dari instance yang terdampak dan mendapatkan akses ke dompet Jaringan Lightning yang terhubung. Dalam istilah sederhana, celah ini memberikan penyerang 'kunci' ke node Lightning di balik server pembayaran seorang pedagang, sehingga mereka dapat memindahkan uang. Bug ini memengaruhi setiap versi sebelum 2.4.2, dan korban yang terkonfirmasi termasuk pembuat dompet perangkat keras Passport, Foundation, serta publikasi Citadel21, yang nodenya disapu sebelum peringatan publik ditayangkan. BTCPay belum menyatakan berapa banyak yang dicuri atau berapa banyak server yang terkena.
KAST names Stripe veteran Connor Fitzgerald to lead its U.S. business
What is a stablecoin? Explained (3:33) KAST, a financial platform built on stablecoin technology, has appointed Connor Fitzgerald as its U.S. general manager, tapping a payments-industry veteran to drive its expansion in the world's largest financial market. KAST is a company that lets people and businesses send, receive, and convert money across borders using stablecoins, digital tokens pegged to a currency like the U.S. dollar, rather than traditional banking networks. Founded in July 2024 by former Circle executive Raagulan Pathy, it offers dollar-denominated accounts and payments across more than 170 countries. Related: Cantor Fitzgerald doubles down on crypto stock What Fitzgerald will take on In the new role, Fitzgerald will lead KAST's U.S. operations, scaling its core platform, launching a business-focused product called KAST Business, building a local team, and bringing new consumer and business offerings to the market. The company said it has grown to about 250 full-time employees across engineering, product, and compliance, reached more than one million users, and is processing roughly $5 billion in annualized transaction volume. "We're excited to have Connor as part of our exceptional KAST team to scale in the world's biggest financial market," said Pathy, KAST's founder and CEO, adding that Fitzgerald knows how to drive growth across fintech. Trending on TheStreet Roundtable: BlackRock reveals what Bitcoin investors feel right now Bad news for the economy just became great news for Bitcoin Cathie Wood has strong words about Cloudflare's earnings call A résumé built in payments and crypto Fitzgerald joins from Bridge, now part of Stripe, where he was head of partnerships for cards and helped build its global stablecoin card program from scratch, expanding it to more than 100 markets. Earlier, he led business development and product strategy at Coinstar and was an early employee at the fintech app Dave, helping scale it through its 2022 public listing. Fitzgerald said stablecoins require rebuilding finance "from first principles," and that KAST stood out for investing early in hard areas like licensing and compliance, real infrastructure, and greater ownership of the underlying rails. The hire follows KAST's $80 million Series A round, which the company said is funding expansion across North America, Latin America, and the Middle East. KAST also noted that global stablecoin volume hit a record $33 trillion in 2025, exceeding Visa and Mastercard combined, citing Bloomberg and Artemis Analytics.
Rusia akan mengizinkan investor memperdagangkan tiga mata uang kripto utama
Cara Berdagang Kripto (4:26) Minggu lalu, Presiden Rusia Vladimir Putin menandatangani undang-undang untuk memberikan regulasi komprehensif mata uang kripto di negara tersebut untuk pertama kalinya. Setelah mengangguk, bank sentral negara tersebut mengusulkan perdagangan pertukaran untuk tiga mata uang kripto, yaitu Bitcoin (BTC), Ethereum (ETH), dan stablecoin Tether USDT. Terkait: Putin mengambil langkah langka saat Rusia mengklaim target keuangan baru Ukraina Apa arti undang-undang terbaru bagi pedagang kripto Rusia Undang-undang bersejarah yang ditandatangani Putin pada 4 Agustus memungkinkan investor ritel (non-kualifikasi) untuk membeli kripto yang paling likuid dengan batas 300.000 rubel ($3.700) per tahun per perantara, tetapi tidak memberlakukan pembatasan seperti itu bagi investor yang berkualifikasi.
Perusahaan yang didukung Peter Thiel menghadapi pemeriksaan realitas Q2 sebelum laporan laba
Data Lowongan Kerja yang hilang membuat pasar terpaku (1:57) Bullish, bursa kripto berfokus institusional yang didukung oleh investor miliarder Peter Thiel, menghadapi laporan laba kuartal keduanya dengan Wall Street melihat potensi kenaikan yang signifikan meski kuartal yang sulit bagi bisnis perdagangan kripto. Perusahaan dijadwalkan merilis hasilnya sebelum pasar AS dibuka pada 13 Agustus, tepat satu tahun setelah debut sahamnya yang memukau di bursa. Analis Wall Street memperkirakan Bullish akan melaporkan laba disesuaikan sebesar $0,09 per saham dan sekitar $87,4 juta dalam pendapatan, berdasarkan data Yahoo Finance.
Apakah Bitcoin benar-benar bisa anjlok ke $20.000? Analis memperingatkan untuk waspada di 2027
Startup Kripto Menawarkan Pinjaman Tanpa Bunga yang Tidak Bisa Dilikuidasi (6:25) Kebanyakan analis yang membahas Bitcoin saat ini berbicara tentang titik terbawah dan pemulihan. Alessio Rastani berbicara tentang apa yang terjadi setelah pantulan, dan gambaran yang dia lukiskan jauh lebih suram daripada konsensus. Pedagang veteran dan analis pasar itu percaya Bitcoin akan mengalami reli jangka pendek hingga menengah dalam tiga sampai enam bulan ke depan. Namun, menurutnya, setelah itu semuanya menjadi sulit. Pantulan dulu, lalu penurunan sebenarnya Kerangka Rastani memisahkan apa yang terjadi sekarang dari apa yang dia harapkan pada tahun 2027.
Analis memprediksi reli 55% untuk saham yang melonjak berkat kesepakatan Anthropic senilai $9B
Dijelaskan: Apa itu penambangan Bitcoin? (6:23) Riot Platforms (Nasdaq: RIOT), perusahaan infrastruktur data yang terkenal dengan operasi penambangan Bitcoin (BTC) dan kecerdasan buatan (AI), menandatangani sewa 20 tahun dengan lab AI terkemuka pada 10 Agustus. Bloomberg mengidentifikasi lab AI tersebut sebagai Anthropic. Riot mengumumkan sewa pusat data dengan Anthropic untuk kapasitas IT kritis sebesar 191 MW di kampus Rockdale. Kesepakatan tersebut diperkirakan akan menghasilkan sekitar $9,1 miliar pendapatan kontrak total selama masa awal 20 tahun, kata perusahaan tersebut.
MoneyGram menghadirkan layanan uang tunai-ke-kripto ke Solana
Solana menjadi 'Nasdaq onchain,' kata eksekutif Solana Foundation (2:25) MoneyGram telah meluncurkan layanan kripto on- dan off-ramp di Solana, memungkinkan orang di jaringan untuk berpindah antara aset digital dan uang tunai fisik melalui jaringan global perusahaan layanan pembayaran tersebut. MoneyGram adalah perusahaan layanan pembayaran dengan lebih dari 85 tahun pengalaman, melayani lebih dari 60 juta pelanggan melalui hampir setengah juta lokasi ritel di seluruh dunia. Produknya, MoneyGram Ramps, adalah alat yang memungkinkan aplikasi menghubungkan pengguna ke layanan konversi uang-ke-kripto dan kripto-ke-uang tunai, di mana 'ramp' adalah jembatan antara uang tradisional dan aset digital.
BlackRock mengungkap apa yang dirasakan investor Bitcoin saat ini
Dengan ETF Bitcoin BlackRock, Dewasa Sudah Tiba (0:57) Kepala aset digital BlackRock, Robert Mitchnick, tampil untuk sebuah wawancara di Bloomberg pada 10 Agustus, di mana ia menyampaikan kata-kata yang kuat mengenai sentimen yang tengah berlaku di kalangan investor Bitcoin saat ini. BlackRock meluncurkan iShares Bitcoin Trust (IBIT), ETF Bitcoin spot-nya di Amerika Serikat, pada Januari 2024. Sejak saat itu, dana tersebut tetap mempertahankan posisinya sebagai ETF Bitcoin terbesar meski mengalami naik-turunnya. Menurut SoSoValue, IBIT memiliki aset bersih senilai $48,51 miliar per 7 Agustus.
Miliarder menggugat mantan karyawan atas dugaan pencurian
“Kripto harus mendapatkan kepercayaan”: CEO Crystal Intelligence tentang penipuan dan keamanan (5:25) Russell Wilson adalah pendiri miliarder CoinSpot, salah satu bursa perdagangan cryptocurrency terbesar di Australia. Didirikan pada 2013, CoinSpot melaporkan laba bersih sebesar $270 juta pada tahun fiskal 2025. Pada 10 Agustus, sebuah outlet media lokal melaporkan bahwa ia telah menggugat mantan karyawan atas dugaan pencurian sekitar $500.000 dari bursa. Terkait: Investor kripto ditemukan tewas di luar apartemennya Dokumen pengadilan yang diajukan oleh perusahaan induk CoinSpot, Casey Block Services, menyatakan bahwa anggota tim dukungan pelanggan Iresh Pawan Perera memindahkan $478.932 dari perusahaan ke rekening bank pribadinya melalui 76 transaksi dalam dua tahun hingga Maret.
Pasokan stablecoin Solana telah tumbuh 11x dalam tiga tahun
Presiden Solana Policy Institute tentang aturan stablecoin (3:13) Solana telah menjadi salah satu rumah paling ramai untuk stablecoin, dengan nilai token-token ini di jaringan yang meningkat tajam selama tiga tahun terakhir. Solana adalah blockchain yang dibangun untuk transaksi yang cepat dan berbiaya rendah, kualitas yang membuatnya sangat cocok untuk stablecoin, token digital yang nilainya dipatok terhadap mata uang seperti dolar AS dan digunakan untuk memindahkan uang atau berdagang tanpa fluktuasi kripto lain. Menurut data dari perusahaan analitik Artemis, total pasokan stablecoin di Solana tumbuh dari sekitar $1,5 miliar tiga tahun lalu menjadi sekitar $16,7 miliar saat ini.
Billionaire reveals the exact number you need for true financial freedom
Book Review: Changpeng Zhao's 'Freedom of Money' (2:34) How much money does a person actually need? Changpeng Zhao, the crypto billionaire better known as CZ, has a number in mind, and it is a lot smaller than his own fortune. In a May 9 interview on the show Crypto Banter with host Ran Neuner, Zhao argued that wealth stops buying happiness far earlier than most people assume. "You don't need that much money to have a decent life," he said, "and also having luxury watches doesn't make you happy." Related: Mark Zuckerberg's grand AI vision hits a brutal reality check The number that counts as 'enough' Pressed on where "enough" begins, Zhao put a figure on it. "I think USD 10 million is enough for financial freedom if you live a normal life," he said. Above that, he argued, the benefits fade fast: a jump from $10 million to $20 million might still make a small difference, but "beyond 50 million? Zero difference." He set $100 million as the ceiling where money stops mattering entirely. "If you have 100 million dollars and you say, 'oh, I am not happy, 200 million dollars would make me happier,' that is just craziness," he said. Why chasing more backfires Zhao's larger point was that treating money as the source of happiness is a trap. "I don't think you should make it your goal to enjoy your money," he told Neuner, "and then you're working for the money. And then your money controls you." Trending on TheStreet Roundtable: Kevin O'Leary bets millions on rare sports cards over gold and crypto Top economist says Bitcoin has one flaw gold will never have Ondo's USDY crosses $2.1B market cap in 3 years The billionaire offered himself as proof. Asked what his wealth actually buys him that he enjoys, Zhao pointed to a collection of camera gadgets he rarely touches. "I use them once, I put them away, but it doesn't make me happy," he said, adding that once someone has enough, "you shouldn't rely on having more money to make you happy. That doesn't work." Changpeng Zhao, famously known as CZ, attends the 'CZ meets Italy' at Palazzo Brancaccio on May 10, 2022, in Rome, Italy. Antonio Masiello/Getty Images His personal style backs up the philosophy. Despite his fortune, Zhao is known for dressing simply, usually in Binance-branded hoodies and T-shirts rather than the luxury trappings his wealth could easily afford. What matters more, he said, is family and health. The advice is striking coming from its source. Zhao founded Binance in 2017 and built it into the world's largest cryptocurrency exchange, and Forbes pegs his real-time net worth at $109.7 billion as of August 10, the 17th-largest fortune in the world, and by his own math, more than 1,000 times what a person needs. Related: Elon Musk warns America will 1,000% go bankrupt and fail as a country
Bad news for the economy just became great news for Bitcoin
Missing Jobs data sends markets reeling (1:57) Friday's US jobs report landed like a surprise. Economists surveyed by Bloomberg had forecast 80,000 new jobs created in July. The actual number was negative 23,000, meaning the economy shed jobs rather than added them. According to the U.S. Bureau of Labor Statistics, the unemployment rate ticked down to 4.1 percent, though that decline was driven partly by a shrinking labour force rather than stronger hiring. Within minutes of the release, Bitcoin cleared $65,000, a level that had resisted it for weeks, and touched an August high of $65,300. To anyone watching both headlines simultaneously, the move made no obvious sense. The economy lost jobs. Bitcoin went up. Here is exactly why those two things are connected. The Fed is the link The Federal Reserve sets interest rates. When the economy is strong, jobs growing, inflation elevated, the Fed raises rates or holds them high to cool things down. When the economy weakens, jobs falling, hiring stalling, the Fed has less justification to keep rates high and more reason to cut them. Related: If you invested $1,000 in gold, Bitcoin and $TRUMP on Inauguration Day, here is what each is worth today Higher rates make borrowing expensive, strengthen the dollar, and pull money toward safer assets like Treasury bonds, away from risk assets like Bitcoin. Lower rates do the opposite. They weaken the dollar, make bonds less attractive, and push capital toward higher-return assets. Friday's jobs number, negative 23,000 against an expectation of positive 80,000, is a significant miss. It makes a September rate hike significantly harder to justify. Following the report, futures markets moved to price in roughly a 56 percent chance the Fed pauses at its September 16 meeting, up from roughly 35 percent the previous day. That single shift in rate expectations was enough to send Bitcoin through the resistance level it had been unable to break for weeks. Why Bitcoin specifically Bitcoin is increasingly traded as a macro asset, not just a crypto one. Large institutional holders, ETF managers, and hedge funds treat it as part of a broader risk-on, risk-off framework alongside equities, gold, and emerging market currencies. Trending on TheStreet Roundtable: Cathie Wood trims Ethereum exposure on 11th anniversary U.S. Treasury attacks Iran's Hormuz 'extortion' network JPMorgan issues blunt warning on crypto's future When the macro environment shifts toward lower rates and a weaker dollar, money moves into Bitcoin alongside those other assets. Bitcoin’s 24-hour trading volume reached approximately $21.2 billion heading into the Aug. 7 weekend, significantly above its recent daily average. The surge suggests Friday’s move was backed by stronger market participation rather than being driven solely by retail activity. The number to watch now Bitcoin is trading at approximately $64,940 today, holding most of Friday's gains. The September 16 Fed meeting is now the single most important date on the crypto calendar. If the jobs report weakness persists into August data, due before that meeting, the case for a Fed pause strengthens further and Bitcoin's path toward $70,000 becomes cleaner. Bad jobs data is good for Bitcoin. Not because the economy suffering is good for anyone. But because the Fed's response to that suffering is what drives the trade. Related: Bitcoin has never broken this line in 15 years, it is on it right now
Mayflower touts 'value machine' to strip risk from crypto lending
Crypto Startup Pitches Interest-Free Loans That Can't Be Liquidated (6:25) Every loan in history has come with an interest rate, a due date, and someone who can take your collateral. "When you say credit or debt, it's a loaded term and people assume certain things," Colin Sinclair, chief business officer at Mayflower said to TheStreet Roundtable. "You're gonna have to repay somebody by this point in time. Until you repay them, there's gonna be interest payments. And if the value of your collateral goes down, they're gonna liquidate you so they don't lose money." None of that is malice, it's what lending between humans requires. His answer is to remove the human. The Assured Value Machine, or AVM, is what he calls "the core innovation of our whole stack." "It charges a one-time borrow fee. There's buy, sell and borrow fees, but there is no ongoing interest," he said. Related: Explained: What is a smart contract? A vending machine with a floor "Think of it like a vending machine," Sinclair said. "I put my dollars in, I get my token out." Every dollar that buys in stays inside the machine, creating a bonding curve that is itself the entire market for the token. "Now it has a full view of the supply. So using math, some calculus and code, it can establish a floor price. If everyone who just bought their tokens decided to turn and sell, the last one sold would still fetch that floor price," he said. Because the machine knows the minimum every token can be redeemed for, it can lend against that minimum with no fear of a shortfall. "There's no need for a liquidation engine. It doesn't even have one. This is trustless. You could leave and go to Mexico and spend your money on the beach, and your tokens are locked until you repay that debt. But if you don't repay that debt, everything else functions as normal," Sinclair said. "Think of it like a perpetual loan where no other holder of those tokens cares or relies on anyone else to be a good steward of that debt." It's worth being precise about what the borrower gives up. The loan is capped at the floor value, which sits below market price, and the tokens stay locked until repayment. In practice, "obligation-free credit" resembles a partial redemption with an option to buy back in. The obligation hasn't vanished so much as been prepaid in collateral. More news: U.S. senators seek ban on wildfire betting Ondo Perps hits $7 billion in volume weeks after launch Shark Tank's Kevin O'Leary reveals one asset that could outperform gold 'Tell that to the guy who bought Nakamoto' To explain what the AVM actually fixes, Sinclair pointed to one of crypto’s biggest trades in 2025: digital asset treasuries. More specifically, he pointed to Nakamoto ($NAKA), the Bitcoin treasury formed through a merger with KindlyMD. Nakamoto’s stock has fallen roughly 95% from its May 2025 peak, and its market cap sits at around 25-30% of the value of its Bitcoin holdings. Many would use this extraordinarily low multiple of net asset value (mNAV) to argue that NAKA was undervalued and a good investment. Sinclair doesn’t see any reason to think that. "There's zero actual connection between the NAV and what the shares are worth," Sinclair said. "Tell that to the guy who bought Nakamoto 40% below." The AVM, he argues, is what a treasury company would look like if the discount were impossible. "Think of it like an on-chain reserve, a digital asset treasury, where it cannot trade below the NAV. It can trade above it, and there's an area of volatility above this floor price. But that floor price is a hard stop. Math and code doesn't care what anyone thinks or says," he said. "If you think you could sell one of these AVM assets below the floor, that would be the equivalent of saying: watch this, I'm going to take my calculator and type in 4 plus 4 and it's not going to equal 8. Good luck with that.”
Troll mengacak-acak acara investor terbesar milik SpaceX
SpaceX (Nasdaq: SPCX) melakukan debutnya di pasar publik pada 12 Juni 2026, setelah menetapkan harga saham di $135 dalam apa yang menjadi penawaran umum perdana (IPO) terbesar dalam sejarah. Saham melonjak hingga setinggi $225.64 pada sesi pertama mereka sebelum ditutup pada $184. Kurang dari dua bulan kemudian, perusahaan luar angkasa milik Elon Musk menyampaikan laporan hasil kuartal pertamanya sebagai perusahaan publik. SpaceX melaporkan pendapatan Q2 sebesar $7.81 miliar pada 4 Agustus, naik 92% dari tahun sebelumnya, sementara kerugian bersihnya menyempit menjadi $541 juta dari sekitar $1 miliar. EBITDA yang disesuaikan melonjak 191% menjadi $3.5 miliar.