Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares

Bitcoin treasury firm Strategy (MSTR) had raised $108.6 million last week through the sale of 1,690 bitcoin and an additional $653.1 million from the sale of 6.59 million shares of common stock, according to a Monday filing. The company used the bitcoin sale proceeds to repurchase 1,152,020 shares of its…

Vertical Aerospace secures ~$100M to support Valo certification and commercialisation (EVTL:NYSE)

Vertical Aerospace (EVTL) on Monday announced financing commitments of around $100M from existing and new investors to support continued progress toward the certification and commercialisation of its Valo aircraft platform. Mudrick Capital Management will invest $40M through the combination of a Source link

Crypto hackers drained $8 million from Coinsbuy using a clever cross-chain trick

Crypto exchange Coinsbuy lost more than $8 million in a coordinated attack across TRON and Ethereum on Aug. 9, according to onchain data reviewed by blockchain security researchers. The attacker began with a 5 USDT transaction before draining eight TRON wallets of 6.04 million of the dollar-pegged stablecoin in about…

Kalshi will use Nasdaq market surveillance technology in new partnership – report (NDAQ:NASDAQ)

Kalshi (KALSHI) will integrate Nasdaq’s (NDAQ) market surveillance tool as it aims to further strengthen monitoring and oversight of trading activity on its prediction markets platform, according to a media report on Monday. The multiyear pact comes as regulators and Source link

Crypto opens the week in the green as Strait of Hormuz deal murmurs boost bitcoin

The crypto market opened the week on a positive note, with bitcoin BTC$64,978.83 up 0.54% since midnight UTC at $65,209 and ether ETH$1,916.58 gaining 0.86% to $1,925 as sentiment stabilized following a turbulent July. The move was correlated with Nasdaq 100 index futures, which rose by 0.45% since midnight, buoyed…

Hedge funds abandon structural shorts to bet on a bitcoin rally

Hedge funds trading bitcoin BTC$64,991.72 futures on the Chicago Mercantile Exchange have turned net long, according to Ki Young Ju, CEO of blockchain data analytics firm CryptoQuant. The rare positioning shift suggests professional traders are increasingly betting on bitcoin prices rising. “Hedge funds on CME have flipped net long on…

How Israeli startup Irregular was linked to rogue AI hacks at OpenAI, Anthropic and Meta: report

OpenAI (OPENAI), Anthropic (ANTHRO), and Meta (META) all reported recent security test anomalies involving their AI models, with each firm attributing the issues to test environments hosted by Israeli startup Irregular. Based in Tel Aviv, Irregular is a niche player in Source link

Inside stablecoin firm BVNK’s journey to a $1.8B acquisition by Mastercard

“They came to us highly recommended by an alumni CEO that we had already backed,” Rist told CoinDesk in an interview. “So, there was a lot of trust there, and this CEO said, ‘You got to meet these guys’. They were serial entrepreneurs coming out of South Africa. They’d never…