Cardano unlocks $1.3T Bitcoin liquidity with BitcoinOS bridge integration Cardano taps BitcoinOS to integrate Bitcoin liquidity into its DeFi ecosystem using zero-knowledge cryptography for secure cross-chain functionality. *Chart depicting Bitcoin’s market capitalization, currently around $1.3 trillion. Source: CoinMarketCap*

Ex-CEO Charged in Australia With Stealing $1.47M From Customer in Failed Bitcoin Deal. Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing $1.47 million intended for bitcoin purchases.

BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue. Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW.

Tesla reveals it didn’t sell any Bitcoin holdings in Q3 According to Tesla's Q3 financial filings, the company's automotive sales declined slightly since Q2 2024, while leases increased slightly. *Tesla Q3 2024 balance sheet. Source: Tesla.*

Crypto academics slam controversial ECB paper blasting Bitcoin The rebuttal critiques several arguments made by an ECB paper earlier this month that argued Bitcoin should be regulated or even banned. *Decline in US dollar purchasing power since 2000. Source: Federal Reserve Bank of St. Louis*

Saylor’s comments on big bank BTC custody are ‘batshit insane’ — Buterin Michael Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, Vitalik Buterin said.

Peter Todd forced into hiding after HBO doc claims he invented Bitcoin Documentary filmmaker Cullen Hoback stands by his allegation Todd is Satoshi Nakamoto despite his denial.

BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.

BlackRock's IBIT investors throw $329M into ETF as Bitcoin dips 3% BlackRock's Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21. *Flows for the US spot Bitcoin ETFs on Oct. 21 (Green). Source: Farside Investors*

Ex-CEO of Mine Digital stole $1.5M from Bitcoiner, regulator alleges The transaction happened just two months before the firm went bust in September 2022, the Australian financial regulator said.

Bitcoiners slam Saylor for throwing weight behind ‘too big to fail’ banks Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse.

Trump Takes Commanding Lead Over Harris on Prediction Markets After McDonald's Appearance. Former President Donald Trump reached a new high on the predictions market Polymarket on Monday rising to 62.6% while his competitor Vice President Kamala Harris now stands with a 37.5% lead.

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MicroStrategy announces third debt offering of 2024, plans to raise $700M The proceeds will be used to pay off $500 million in existing debt and to purchase more Bitcoin. MicroStrategy currently holds 244,800 BTC.

Bukele advisers said BTC adoption was ‘complete PR move’ — TIME reporter. According to a TIME Magazine correspondent, El Salvador President Nayib Bukele used Bitcoin to “change the narrative” on the country’s international perception.

Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG. “Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro. Bitcoin investors should brace themselves for a “seasonal slog” in September, with the month historically providing the worst average returns, says Bitcoin financial services platform NYDIG. *September’s mean monthly losses for Bitcoin since 2011 stand at -5.9%. Source: NYDIG *

Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO. Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of on-chain tools are needed for wider ETF adoption.

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve. Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic struggle.

Scientific paper argues Bitcoin mining can reduce methane emissions According to a United Nations report, Methane gas runoff is “80 times more harmful than CO2 for 20 years after it is released.” A new peer-reviewed scientific paper, titled An integrated landfill gas-to-energy and Bitcoin mining framework, appearing in the Aug. 29 edition of the Journal of Cleaner Production, demonstrated how Bitcoin mining could reduce methane emissions. *A breakdown of the energy chain resulting from LFGTE. Source: Science Direct*

Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits. With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot.