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Bitcoin Drops 3.8% to $76,900 as Trump Confirms Iran Strikes

Hashdex Adds Hyperliquid to Nasdaq CME Crypto Index ETF, HYPE Climbs to $83

Alkemya Metacore Raises $50M in Tokenized Equity Backed by Class 1 Nickel Wire

Robinhood Wallet and Fomo Code Memecoin Purchases as Digital Media to Bypass Card Network Rules

Aster and World Liberty Financial Launch USD1 RWA Boost Phase 1

Crypto Treasury Companies Hit $340B Market Cap as Altcoin DATs Outperform

Morgan Stanley Upgrades Robinhood to Buy, Sets $150 Target

Firelight Raises $8M to Expand DeFi Insurance Beyond XRP
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Firelight Raises $8M to Expand DeFi Insurance Beyond XRP

Hut 8 Texas Power Site Powers Anthropic's $35B AI Infrastructure Deal

Kast Raises $80M for Stablecoin Enterprise Platform, Targets 5,000 Businesses by Year-End
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Markets

Fairshake Scales Back Massachusetts Primary Spending, Signals Strategic Shift
Fairshake, the crypto industry's largest PAC, spent $189,000 on Massachusetts primary ads for Rep. Jake Auchincloss, a modest figure compared to its 2024 outlays. The pullback suggests a more surgical approach to 2026 races, concentrating resources on genuinely competitive contests.

Bitcoin Drops 3.8% to $76,900 as Trump Confirms Iran Strikes
$3,100 wiped from Bitcoin's price in less than 72 hours as geopolitical escalation reverses a sharp Treasury-driven rally. Bitcoin slid to $76,900 after touching $80,000 on August 29.

Hashdex Adds Hyperliquid to Nasdaq CME Crypto Index ETF, HYPE Climbs to $83
Hashdex has added Hyperliquid to its Nasdaq CME Crypto Index ETF, giving the decentralized derivatives exchange token formal access to institutional and retail investors through a regulated SEC-registered product. HYPE rose 1.29% to $83 following the announcement.

Alkemya Metacore Raises $50M in Tokenized Equity Backed by Class 1 Nickel Wire
Alkemya Metacore SCSp has closed a $50 million pre-launch capital raise structured as tokenized equity, with Class 1 nickel wire serving as collateral. The deal fits within a broader wave of real-world asset tokenization that has accelerated since 2023.
Regulation

Robinhood Wallet and Fomo Code Memecoin Purchases as Digital Media to Bypass Card Network Rules
Robinhood Wallet and Fomo are processing memecoin purchases as digital media transactions to bypass card network crypto restrictions and enable credit card rewards. Chase has begun inquiring about the practice, signaling potential regulatory scrutiny.

South Korea Arrests Four in Crypto Terror Financing Case Involving Syrian Group
South Korean authorities have arrested four individuals for allegedly channeling cryptocurrency to a Syrian terrorist organization, marking a first for Korean law enforcement in pairing digital payments with physical asset smuggling.

Ireland Bars Crypto From โฌ197B State Savings Scheme Launching in 2026
Ireland has officially excluded cryptocurrency from its new state savings scheme, which targets approximately โฌ197 billion in domestic deposits and opens to savers in 2026. The scheme will offer tax-advantaged accounts covering shares, bonds, funds, ETFs, and insurance products.

Hyperliquid Eyes US Market Entry Through Payward's Regulated Bitnomial Platform
Hyperliquid is pursuing its first official US market entry by routing decentralized perpetual futures through Payward's CFTC-regulated Bitnomial platform. Payward has submitted the proposed structure to the CFTC for review.
DeFi

Ethena Adds Equities and Commodities to USDe Basis Trade, Closes HIP-3 Market on Hyperliquid
Ethena is broadening the collateral strategy underpinning its USDe stablecoin to include equity perpetuals and commodities, while simultaneously shutting down its HIP-3 market on Hyperliquid and overhauling ENA tokenomics in what the protocol is framing as a push to reignite growth.

Bullish Commits $100M to USD.AI for GPU-Backed Loan Products
Bullish has committed $100 million in financing to USD.AI, a lending platform using GPU hardware as collateral for digital asset loans. The deal marks a major institutional bet on computational assets as a DeFi lending primitive, following broader adoption of real-world asset lending.

Virtu and Tradeweb Complete First Onchain Repo Trade Using Marshall Islands Digital Bond
Virtu Financial and Tradeweb have executed what appears to be the first onchain repurchase agreement using a sovereign digital bond as collateral, completing the full transaction cycle in under 10 minutes on the Canton Network.

Aave V4 Deposits Hit $806M After 30% Weekly Surge, But V3 Still Dominates at $31B
Aave V4 deposits surged to $806 million following a 30% weekly gain, with EtherFi Cash accumulating $257 million as the second-largest market. The growth occurred without major external catalysts, suggesting organic adoption as V4 enters early scaling phase.
Technology

Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%
Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.

Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown
A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
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