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Bitcoin infrastructure project VerifiedX has begun raising $15 million to build institutional Bitcoin infrastructure, Wu Blockchain reported. The company selected Cantor Fitzgerald as its investment banking partner. VerifiedX said it has secured initial institutional capital, but it did not disclose the amount raised so far or the participating investors. The funds will be used to support infrastructure for institutional Bitcoin distribution, custody integration, exchange listings and lending.

Minara AI announced the launch of Minara Harness, a financial AI agent that supports 24-hour research and automated trading across all asset classes. The platform conducts global financial market research, generates reports, develops quantitative strategies, and executes automated trades within parameters set by users. It also automatically generates code from natural-language trading strategies and completes backtesting.

South Korean exchange Bithumb announced the designation of HEMI for its delisting watchlist after confirming a security incident in which some tokens were abnormally drained through a vulnerability in the smart contract used by the operating entity to distribute initial reward claims.

Multicoin Capital is estimated to have sold a cumulative 1.725 million HYPE worth $133 million since July 28, according to ai_9684xtpa. Multicoin Capital currently holds HYPE worth $60.29 million.

A whale that had been accumulating BTC in batches since 2022 has sold a total of $24.1 million worth of WBTC on Binance since Aug. 10, according to ai_9684xtpa. The same whale is also estimated to have sold an additional 30.1 WBTC worth $2.37 million nine hours ago.

Layer-1 blockchain Linera said on X it will begin a refund process after failing to meet the target for its LNRA token community sale. A total of 617 participants from 69 countries committed 848,271 USDC in the round, falling short of the minimum target of 1.5 million USDC. The project said it will soon update the sale website to support refund requests, and the funds will be returned to the same wallets used for the original participation.

Ethereum layer-two project Scroll (SCR) plans to transition from a public blockchain to a private network tailored for artificial intelligence applications. The transition is expected to take around nine months. After the shift, SCR’s supply and tokenomics structure will remain unchanged. SCR will move to the Ethereum mainnet to improve accessibility and liquidity, while retaining its role as Scroll’s governance token.

The Polkadot community has submitted governance proposal 1944 to create dotUSD, a native decentralized stablecoin, and introduce it as a key asset in the Polkadot ecosystem. A vote on the proposal is now under way. According to the proposal, dotUSD would use an overcollateralized model, allowing users to mint dotUSD by depositing DOT, while tools including a stability pool would be introduced to maintain its peg to the U.S. dollar.

Strategy has doubled its preferred stock buyback program to $2 billion, CryptoSlate reported. The decision came after larger purchases over the past seven weeks nearly exhausted the previous $1 billion limit. According to STRC.live, STRC began trading at around $97 to $98 on Sept. 8, about 2% below its stated value of $100.

U.S. real estate investor Grant Cardone has put his private jet up for sale for 1,025 BTC, Cointelegraph reported.

An anonymous whale with an address starting with 0xcfe2 opened a roughly $39.44 million 20x BTC long position on Hyperliquid, according to Lookonchain.

A whale that sold its entire holding of 56,000 ETH last month for a $19.02 million profit has bought 179.8 BTC for the first time in eight months, AmberCN reported. The purchase was worth $14.2 million. The wallet is still accumulating BTC and holds 74.32 million USDC that could be used for additional purchases.

Velodrome, an OP Mainnet-based DEX, announced it will merge its community with Aerodrome, a Base-based DEX. Velodrome’s Discord channel will be streamlined to retain only essential channels, while all community activity will move to Aerodrome’s existing Discord server.

Crypto market maker Jump Trading has traded nearly $150 billion on Hyperliquid since December 2025, according to Wu Blockchain. The firm traded through one main account and 16 sub-accounts, with cumulative volume accounting for 7.8% of Hyperliquid’s total perpetual futures volume and 18.9% of xyz market volume. The accounts currently hold total assets of $63.6 million, while open positions stand at $145 million.

An anonymous whale whose wallet starts with 0xEe0A deposited a total of 232,610 HYPE worth $19.67 million into Bybit and Gate over the past two weeks, according to Lookonchain. Such exchange deposits are typically interpreted as intended for selling.

CoinMarketCap’s Altcoin Season Index rose nine points from yesterday to 51. The index is calculated by comparing the price performance of Bitcoin with that of the top 100 cryptocurrencies by market capitalization, excluding stablecoins and wrapped coins. A reading is considered altcoin season when 75% of the top 100 coins outperform Bitcoin over the past 90 days, while the opposite is considered Bitcoin season. The closer the index is to 100, the more it indicates altcoin season.

Hunter Biden, the son of former U.S. President Joe Biden, addressed the purpose behind the LAPTOP memecoin launch for the first time on X, saying he had turned a symbol used to destroy him into one of recovery and resurgence. He said that if others had weaponized the laptop, he had turned it into a token. Biden said 20% of the total token supply will be airdropped to the community, including some users who lost money investing in Donald Trump’s TRUMP token. He added that 30% will either be permanently burned or donated to charities depending on whether predetermined real-world conditions are met, while a separate 50 million LAPTOP has also been allocated for charitable purposes. Biden said no one should expect him or anyone else to increase the token’s value. The LAPTOP token is set for an official launch on the Base network today. The laptop issue involving Hunter Biden emerged as a political scandal ahead of the 2020 U.S. presidential election and has continued to be referenced in U.S. politics and the cryptocurrency market as a prominent political meme.

Kakao Pay has completed a proof of concept for technology to build a digital asset wallet for stablecoins and other assets, The Today reported. The project focused on expanding its existing Kakao Pay Money wallet, used by 43 million people, into an integrated digital asset wallet capable of storing blockchain-based onchain assets. The company also verified technology needed for digital asset transfers, payments and settlement in a high-traffic environment, and built a user interface.

CoinMarketCap’s in-house crypto fear and greed index came in at 72, down one point from yesterday, with the market remaining in greed territory. The index is designed so values closer to zero indicate extreme fear, while readings closer to 100 signal extreme optimism. CoinMarketCap calculates the gauge based on the price moves of the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators including the put/call ratio, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.

Ten South Korean banks, including KB Kookmin Bank, Shinhan Bank and Woori Bank, have begun working-level consultations on Pangea, a South Korea-Europe stablecoin remittance project, Money Today reported. Pangea is a proof-of-concept project aimed at developing a stablecoin-based remittance model involving Unica, a South Korean banking consortium, and Kivallis, a European banking community. Cross-border remittances have traditionally taken several days as they had to pass through SWIFT and other intermediary institutions, while the use of stablecoins is expected to streamline the process.

Galaxy Digital deposited 95,270 HYPE, worth about $8.11 million, to Bybit and OKX over the past four hours, according to Onchain Lens. Exchange deposits are typically seen as a sign of potential selling.

Amar Kuchinad, CEO of cryptocurrency custody firm Copper, has stepped down, CoinDesk reported. Copper’s search for a buyer has now stretched into a fourth month. Cantor Fitzgerald was selected to oversee the sale, with an asking price of $500 million. But actual acquisition offers were running at around $200 million, according to a report last month, far below the more than $2 billion valuation Copper had once received.

U.S. spot Bitcoin ETFs still show roughly $1 billion in net outflows for the year despite recent large inflows, Cryptopolitan reported. Data as of Sept. 8 showed major Bitcoin ETFs including BlackRock’s IBIT and Fidelity’s FBTC had seen sustained net outflows for a considerable period, though recent strong inflows recouped most of those losses. The inflows were concentrated over a short period. Net inflows reached about $3.8 billion during the three weeks through early September, including $730.9 million on Sept. 3 alone. For the week through Sept. 5, net inflows totaled $986.9 million, narrowing cumulative net outflows since the start of the year to under $1 billion.

A South Korean parliamentary budget office report estimated that if won-denominated stablecoins replace existing credit card payments, annual cost savings could range from 370 billion won ($273 million) to 5.15 trillion won ($3.8 billion), Edaily reported. According to the report on stablecoins' impact on financial markets and policy implications, the office attributed the potential savings to a blockchain-based direct payment structure. The office added, however, that wider stablecoin use in payments could weigh on the existing financial industry. Lower merchant fees could reduce card companies' earnings, while a shift of funds into stablecoins could shrink bank deposits and weaken financial intermediation, according to the report.

Stellar stablecoin transfer volume rose 50% over 30 days to $8.92 billion, Cointelegraph reported. Over the same period, stablecoin supply fell 11.7% to $387.9 million.