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Circle explores ‘reversible’ USDC transactions in break from crypto ethos

Circle, the world’s second-largest stablecoin issuer, is reportedly examining reversible transactions to help recover funds in cases of fraud and hacks, which appears to be counter to one of crypto’s founding principles: that transactions are final and beyond centralized control.
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Australian fitness firm tanks 21% on Solana treasury gamble

Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana for around $10 million.
The Nasdaq-listed company closed Wednesday’s trading session at $6.65, only making a mere increase of 0.15% and closed the after-hours session at $6.66,
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Market maker GSR files for ETF to track crypto treasury firms

Wall Street could soon be getting a new exchange-traded fund that bundles up crypto treasury companies, alongside four other funds from crypto trading and market-making firm GSR.
The company is looking to launch the GSR Digital Asset Treasury Companies ETF, according to a regulatory filing on
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Nansen unveils AI agent for crypto traders, targets autonomous trading in Q4

Crypto intelligence platform Nansen is rolling out an artificial intelligence agent designed to make onchain cryptocurrency trading more intuitive, in a move it says could shift more value back to public blockchains such as Ethereum.
The company announced Thursday that it is launching Nansen AI, a
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Ether supply on exchanges hits 9-year low amid ‘Wall Street glow up’

The amount of Ethereum held on centralized crypto exchanges has fallen to its lowest level since 2016 amid an increase in institutional accumulation.
The amount of Ether (ETH) on exchanges has been falling since mid-2020. Over the last two years, ETH supply on exchanges has been slashed by half
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Australia drafts law to tighten oversight of crypto exchanges

Australia is aiming to tighten regulations around crypto service providers, with draft legislation that would extend finance sector laws to crypto exchanges.
Assistant Treasurer Daniel Mulino told a crypto conference on Thursday local time that the legislation is “the cornerstone of our digital
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Bitcoin upgrade is splitting developers and purists

Bitcoin Core’s next major upgrade has reignited old tensions in the community, pitting developers who want a neutral, fee-driven network against purists who see non-financial data as spam.
Bitcoin Core v30, expected in October, will remove the 80-byte cap on OP\_RETURN, the part of a transaction
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Bitcoin Bollinger Bands tighter than ever as trader eyes $107K ‘max pain’

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Crypto’s real boom is happening in Argentina, Nigeria, and the Philippines

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