Author: CoinBulletinDaily.com
Genius Group has proposed raising capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio within a $2 billion total-asset target for fiscal 2031. Summary An initial preferred securities offering would seek $12.5 million from income-focused investors. Proceeds would be divided among Bitcoin, AI investments, and an 18-month dividend reserve. Genius Group plans to restart Bitcoin purchases after liquidating its holdings to repay $8.5 million. Final offering terms remain subject to board approval, securities rules, and market conditions. Genius Group turns to preferred capital Genius Group said on Aug. 27 that it…
Tron Address Poisoning Attacker Sits On $9.4M After Draining 15 Wallets In A Month
There’s a specific kind of dread that comes from watching a wallet address on a block explorer just… sit there. Not moving. Not being touched by any exchange freeze, any law enforcement flag, any of the usual friction that at least slows a thief down. Just sitting on $9.4 million, quietly converted and consolidated, while fifteen people somewhere are staring at their transaction history trying to figure out exactly when their money stopped being theirs. That’s the situation unfolding right now around a single Tron wallet, and the mechanics behind it are almost insultingly simple once you understand them.What Happened…
Ripple said on Aug. 25 that its RLUSD stablecoin crossed $2 billion in market capitalization during the previous week, less than two years after its December 2024 launch. Summary RLUSD crossed $2 billion in market value less than two years after its global launch. Nearly $1 billion of RLUSD was issued on XRP Ledger, according to Ripple’s latest update. Ethereum held slightly more RLUSD than XRP Ledger when the stablecoin passed the milestone overall. Standard Custody issues RLUSD under New York oversight and maintains segregated reserve accounts for holders. Ripple publicly reported $1.98 billion in reserves against $1.87 billion circulating…
I used to think of “falling for a scam” as something that happened to other people, the unwary, the unfamiliar, the digitally naive. Then I started digging into who actually loses money to deepfake crypto livestreams, and that assumption fell apart fast. Engineers. Finance professionals. People who could explain blockchain mechanics in their sleep.The uncomfortable truth is that these scams aren’t built to fool people who don’t understand crypto. They’re built to exploit the exact moment when even a smart, cautious person’s guard drops and once you see how deliberately that moment is engineered, it stops looking like a technology…
TLDR: Sign and BNB Chain unveiled a sovereign stablecoin framework for regulated national currencies. The framework splits duties between public blockchains and local financial institutions directly. Kyrgyzstan’s KGST stablecoin already stands as the framework’s first real-world working example. Sign says the model could support a future multi-currency onchain economy across many nations. Sign and BNB Chain released a sovereign stablecoin framework on August 26. The document guides governments toward launching regulated digital currencies tied to national money. It outlines how public blockchains and local institutions can share responsibility for issuance and settlement. The framework points to Kyrgyzstan as an early…
Key TakeawaysJailed bitcoin donor Tomáš Jiříkovský signaled potential police cooperation in his 20-year crypto-laundering case.Jiříkovský faces a 9-year sentence request over a $44 millionbitcoin donation to the Czech Justice Ministry.Former Minister Pavel Blažek faces 6.5 years in prison as court proceedings move forward in Brno. Current Status: Extended Detention The central defendant in one of the Czech Republic’s highest‑profile crypto‑laundering cases, Tomáš Jiříkovský, has for the first time indicated he may cooperate with authorities. The shift came after a custody hearing at the Brno Municipal Court, where Judge Ivana Otrubová ordered that he remain in detention as the case proceeds.…
TLDR: The Strive Bitcoin treasury reached 21,356 BTC after the company bought 1,110 coins for $81.5 million at an average $73,409. Cash increased to $171.9 million during the purchase week, showing Strive continued raising capital while expanding its Bitcoin balance. Class A shares rose by 3.65 million, making Bitcoin growth per diluted share the key measure for assessing treasury execution. Bitcoin reclaimed the 1,130-day moving average above $74,000, although continued support and spot demand remain necessary for confirmation. Strive expanded its Bitcoin position after buying 1,110 BTC for about $81.5 million between August 17 and August 21. The Strive Bitcoin…
$CHUMP has moved fast for a token still just weeks old, and the structure underneath it is unusually clean for something moving this fast.This isn’t a token with a whitepaper full of promises about future utility. What Chump Coin actually is: a Robinhood Chain memecoin dressed up as a fictional presidential administration, complete with “Executive Orders,” a press office called “The Gold House,” and a mascot that’s a chicken in a suit. The whole site is written like a government press release, and the joke is the entire product. That’s not a knock. In a memecoin market where attention is…
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors by concealing potential bankruptcy risks and downplaying SEC scrutiny to proceed. The ruling is procedural. It does not mean Coinbase has been found liable. It does not prove wrongdoing. It means the plaintiffs cleared enough of an early legal hurdle for certain claims to continue.…
Super League Enterprise has raised approximately $2.23 million through its first at-the-market stock offering since announcing a deal that would turn the Nasdaq-listed company into Metaplanet’s U.S. Bitcoin treasury platform. Summary Super League sold 475,598 shares for approximately $2.23 million in gross proceeds. The company has opened another $2.27 million of capacity under the ATM program. Metaplanet plans to contribute 2,100 BTC and $2.5 million to the company. Super League is expected to become Superplanet after the transaction closes. According to an Aug. 21 prospectus amendment filed with the U.S. Securities and Exchange Commission, Super League sold 475,598 common shares…
