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Trump Crypto Ventures Leave Investors Facing $4.7 Billion in

Investors in crypto ventures linked to President Donald Trump and his family are facing at least $4.7 billion in losses, according to reports, while Trump reported at least $1.4 billion in crypto-related income for 2025.　　The TRUMP memecoin accounts for the biggest share, with investors estimated to be about $3.2 billion underwater. About 1.6 million Solana wallets that bought the token are holding unrealized losses, meaning they have not necessarily sold their holdings.　　Trump Crypto Losses Grow　　Investors have also lost about $1 billion on World Liberty Financial‘s WLFI token, according to reports, while Trump Media & Technology Group’s Bitcoin holdings showed roughly $450 million in unrealized losses.　　Related: TRUMP Price Prediction: Does World Liberty‘s Bank Deal Change TRUMP’s Outlook？　　The losses come as the Trump family expands its crypto business. World Liberty Financial is moving ahead with a planned crypto bank, backed in part by foreign investors. A group linked to Abu Dhabi Sheikh Tahnoon bin Zayed Al Nahyan has committed about $500 million and is set to hold a 49% stake in the banks holding company, according to reports.　　Lawmakers Raise Conflict Concerns　　The foreign investment has drawn scrutiny from Democratic lawmakers over potential conflicts of interest. Senator Elizabeth Warren called the bank approval “self-dealing.”　　Senator

14 گھنٹے پہلےانڈسٹری

Avici token crashes as hackers drain nearly $1 million from Solana neobank

Avici, a neobank built on the Solana blockchain, is investigating a security breach that emptied user funds on August 28. Anything from $600,000 to more than $1 million may have been lost, per initial reports. 　　Avicis AVICI token lost roughly 39% of its value in a single day following the hack.　　Discover more　　Currencies & Foreign Exchange　　Exchange Traded Funds　　FINANCE　　How much was lost in the Avici hack？　　Avici, a Solana-based neobank that offers banking-style services like spendable card balances backed by crypto, confirmed that there was an “issue affecting card balance withdrawals,” but has not stated how much was lost or if users will be repaid.　　AVICI, the native token of the neobank, crashed following news of the security breach.　　The breach was discovered through a post from @SolanaFloor on X. According to reports, the hacker first ran a function called SubmitSignatures on Avici‘s authorization program, then they called AddCollateralAdmin on Avici’s collateral program, and finally they ran WithdrawCollateralAsset to take the funds out.　　The attackers wallet held about 10,005 SOL, worth around $1.07 million at the time, plus about $11,600 in stablecoins. A blockchain analyst named STACC created a real-time tracker that found 125 different user accounts were affected. The amounts taken ranged from about $9

14 گھنٹے پہلےانڈسٹری

Solana Neobank Avici Hacked for $650,000. Token Crashes 40%

An attacker drained over $653,000 from card collateral vaults at Avici, a Solana neobank whose own documentation promised that only a users wallet could ever move that money.　　The token Avici (AVICI) has since fallen by about 40% to $0.24. The sum taken equals close to a fifth of its entire market value.　　AVICI Price Performance. Source: CoingeckoWhat the Avici Exploit Broke　　Avici sells a Visa credit card backed by USDC. Users lock the stablecoin in a smart contract, and spending draws it down. Third National issues the card, not Avici.　　“Only user‘s wallet can withdraw funds from escrow contract after deducting the spends,” the company’s documentation states, indicating who holds the keys.　　On Friday, the vaults emptied anyway, with a live tracker counting $653,548 pulled out as of this writing　　Discover more　　Trading Foreign Currencies Online　　NEWS　　FINANCE　　Avici Attack. Source: Live Tracker　　Self-custody set out who could not take the money. It did not remove every privileged path written into the program itself. That gap is where the funds went.　　On-chain researchers say the attacker submitted a crafted signature bundle, made itself an admin on the escrow accounts, then withdrew. Avici has not confirmed that method.　　more info on the ongoing　　Follow us on X to get the latest news as it

14 گھنٹے پہلےانڈسٹری

Tusk Pushes Crypto Law Re-Vote After Zondacrypto Scandal

Key TakeawaysZondacrypto collapsed in a $94M scandal, prompting PM Tusk to call a re-vote on vetoed crypto rules.Repeated presidential vetoes left Poland in regulatory limbo and unable to enforce EU MiCA standards.Exchanges cannot register in Poland as Tusk accuses politicians of taking bribes from the failed exchange.　　Poland To Revote Crypto-Asset Market Act After Zondacrypto Scandal　　Polish authorities are reevaluating the need to have clear regulations to protect citizens from cryptocurrency fraud.　　On Friday, during a council of ministers meeting to draft the 2027 budget, Tusk commented on the current situation of the Zondacrypto exchange, which has evolved to become one of the largest crypto-linked corruption cases in the country.　　Tusk lamented that the budget preparation was overshadowed by the Zondacrypto bankruptcy and the recent detention of Polish Olympic Committee President Radosław Piesiewicz in a corruption probe.　　Discover more　　Financial Markets News　　Exchange Traded Funds　　Brokerages & Day Trading　　“This is not some ordinary bribe, some one politician. It looks like a well-organized system in which names known from other situations appear,”Tusk declared, highlighting the gravity of the development.　　Tusk said that after this, he would ask the Speaker of the Sejm to organize a re-vote on the Crypto-Asset Market Act, which was vetoed by President Karol Nawrocki a third

14 گھنٹے پہلےانڈسٹری

Apple's foldable iPhone Ultra headlines a packed fall lineup at September 9 event

Apple affirmed it will hold its annual iPhone event on Wednesday, September 9 at its Cupertino campus.A foldable iPhone and two new Pro models are headlining a fall rollout of more than 15 new devices.　　The invite says “Surprise and shine” and has a 10 a.m. Pacific start. Apple shows the same date and time on its events page.　　Touch ID replaces Face ID on the book-style handset　　The iPhone 18 wont be coming this fall. Apple is holding off until spring 2027 to launch its cheaper models.　　That leaves the iPhone 18 Pro, the iPhone 18 Pro Max, and the foldable iPhone for the September event. All three will be powered by Apples A20 Pro chip, based on a 2-nanometer process.　　Discover more　　Finance　　Subscribing To News　　Choosing Investment Apps　　The Ultra is Apples first new form factor since the iPhone X debuted in 2017. The book-style device spans about 5.5 inches when closed and 7.6 inches when open and is wider than it is tall.　　The phone will lose its telephoto camera and use Touch ID instead of Face ID.　　The only model rumored to get a variable-aperture rear camera upgrade is the iPhone 18 Pro Max. Otherwise, the Pro models are pretty much the same as last years

15 گھنٹے پہلےانڈسٹری

Why Disney‘s ’Endgame Encore Is Laser-Focused On Infinity Vision

‘Avengers Endgame: Encore’ features four minutes of additional footage and will be the first film to be shown in theaters bearing Disneys new Infinity Vision branding.　　Marvel　　When Disney announced its Infinity Vision certification brand a few months ago, it was met with some confusion and derision. As a certification program rather than a new format, many found it less than exciting—and a clear response to Spider-Man losing all the IMAX screens to The Odyssey.　　However, as tickets go on sale for Avengers: Endgame Encore, which brings back Marvel‘s most successful movie with four additional minutes added to its runtime, I’ve realized that Infinity Vision could offer cinemagoers something genuinely useful: an easy way to identify theaters with laser projection.　　That matters because projector information has historically been surprisingly difficult to find. While some chains, such as Regal in the U.S., indicate whether a screen has a laser projector, many still do not. Because laser projection is baked into the Infinity Vision standard, the badge should theoretically provide a simple way of knowing what youre getting.　　Discover more　　Financial Markets News　　Finance　　News　　This is especially useful for formats such as 4DX, where it has always been vague as to whether the screen has a suitable projector. This can

15 گھنٹے پہلےانڈسٹری

Ethena is targeting the $120 trillion Wall Street stock market to hunt yields 5x higher than Bitcoin

Ethena is expanding USDe into equity perpetual-basis trades, targeting funding yields more than five times higher than Bitcoins as the synthetic dollar looks to recover from its 2026 contraction.　　Related Asset Ethena #45 ENA · $0.16 24-hour change: down 6.56% Price history is not available. 24H Down 6.56% 7D Up 12.16% 30D Up 106.74%　　On Aug. 28, Ethena revealed plans to extend the basis strategy behind USDe into equity perpetual futures, where open interest has surged to about $6.2 billion from less than $1 billion in March. Funding rates in this market have averaged about 14% on Hyperliquid and 17.5% on Binance in recent months.　　By comparison, Bitcoin perpetual funding averaged 2.2% this year through Aug. 11, down from 4.9% in 2025 and 11% in 2024.　　Related Asset Bitcoin BTC · $77,426.70 24-hour change: down 3.31%　　Ethena founder Guy Young said equity and commodity-linked perpetuals have become one of the protocols biggest potential growth markets.　　According to him, real-world asset perpetual volume exceeded half of crypto volume on Hyperliquid last month, while aggregate RWA perpetual volume on Binance reached roughly twice the volume of BTC-USDT, he said.　　Related Asset Hyperliquid HYPE · $79.72 24-hour change: down 6.17%　　Young expects open interest and trading volume in the sector to

15 گھنٹے پہلےانڈسٹری

Bullish provides USD.AI $100M facility for GPU loans

Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure.　　SummaryBullish will supply $100 million in stablecoin liquidity for GPU-backed loans.USD.AI offers non-recourse financing secured solely by computing hardware.Bullish plans to list sUSDai and support trading through a market-making program.Bullish shares have gained about 45% over the past month.　　Bullish said in a Friday announcement that the facility will give USD.AI capital to finance operators purchasing high-performance computing equipment, extending the exchange operators exposure to tokenized assets and AI infrastructure.　　Developed by Permian Labs, USD.AI connects stablecoin liquidity with companies seeking funds to buy GPUs. Instead of evaluating claims against a borrowers entire business, the platform issues non-recourse loans secured by the computing hardware purchased with the financing.　　Bullish Head of Tokenization Thomas Cowan said the company used USD.AIs onchain records when assessing the facility. Bullish had already invested in the platform before agreeing to provide the new debt financing.　　“Our commitment to USD.AI reflects a conviction weve believed since our first investment in the protocol: that credible, well-structured real-world assets belong onchain.”　　You might also like:　　ARK buys Coinbase, Circle, Bullish and Robinhood as stocks rally　　Bullish facility expands USD.AIs GPU loan capacity　　Under

15 گھنٹے پہلےانڈسٹری

Bitcoin Rally Stalls, But Long-Term Sentiment Remains Bullish

In briefBitcoin dropped as low as $76,877 on Friday after Fed Chair Kevin Warshs hawkish Jackson Hole keynote, confirming the resistance zone flagged earlier this week.September rate-hike odds jumped to roughly 56% from about 35% a day earlier after Warsh said the Fed still has “work to do” on inflation.Myriad traders are still pricing Bitcoins next major move at 77% for $84,000 versus 23% for $55,000, largely unmoved by Fridays selloff.　　Bitcoin fell as low as $76,877 on Friday, giving up most of a double-digit weekly gain after Fed Chair Kevin Warshs first Jackson Hole keynote warned that inflation isnt cooling fast enough.　　The drop came from an overnight high of $81,455, inside the resistance zone that had already capped several prior breakout attempts this year. That zone held once again.　　Myriad: How high will Bitcoin go？ Click to make your prediction.　　Warsh marked his 100th day in the job by declining to give markets any fresh guidance, but the tone was enough to move prices. In his keynote, Warsh set a standard for himself: the Fed needs to see inflation moving toward its target clearly and at sufficient speed before declaring the job done. Short of that, he said, the central bank still

15 گھنٹے پہلےانڈسٹری

Lazarus Group resurfaces with $19.4M Bitcoin move

North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industrys most active hacking operations.　　Lazarus Group moves 244 BTC between wallets　　Lookonchain reported the transfer in an Aug. 28 X post, saying wallets attributed to Lazarus Group had become active again and moved 244.148 BTC about an hour before its alert.　　Bitcoin traded at roughly $79,500 when the analytics account published its estimate, placing the transactions value at $19.42 million. Lookonchain did not identify the receiving address in the text of the post or say whether the Bitcoin moved to an exchange, mixer, or another wallet controlled by the group.　　Without a disclosed destination, the transaction alone does not show that Lazarus sold or attempted to cash out the Bitcoin. Public blockchain records confirm when funds move between addresses, but connecting those addresses to an organization usually depends on labels and analysis supplied by investigators or blockchain intelligence firms.　　The Aug. 28 transaction followed another large Bitcoin movement attributed to the group earlier in the month. On Aug. 12, Lookonchain said Lazarus transferred 262.2 BTC, then valued at approximately $16.64 million, from an identified wallet to a newly created address.　　At the

15 گھنٹے پہلےانڈسٹری

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