🏦 Coinbase Partners with Betrmortgage for Bitcoin-Backed Loans
Coinbase has announced a partnership with Betrmortgage to allow users to secure mortgages using Bitcoin as collateral.
The arrangement enables crypto holders to access real estate financing without liquidating their Bitcoin holdings. No further details on loan terms, eligibility criteria, or supported regions were provided in the announcement.
If confirmed at scale, this marks one of the first direct integrations between a major crypto exchange and a mortgage lender.
🌐 LayerZero to Launch Blockchain Exchange This Fall
LayerZero has announced plans to launch a blockchain-based exchange this fall, marking a significant expansion beyond its core cross-chain messaging infrastructure.
No further details on the exchange's structure, supported assets, or trading mechanics have been disclosed at this stage.
The move signals LayerZero's intent to extend its ecosystem into trading infrastructure, a space where its cross-chain interoperability layer could play a foundational role.
A Solana-based token called Trump Digital Gold (GOLD) collapsed more than 99% shortly after launch, with traders accusing the project of a rug pull.
The token was promoted via a compromised account and rapidly reached a market cap of nearly $60 million before crashing to approximately $600,000 within minutes. The promotion used a fake Trump association to attract buyers before the collapse.
This incident is a reminder of the risks tied to tokens launched through hijacked or unverified social media accounts — always verify project legitimacy before interacting with any new token launch.
📈 BlackRock's IBIT Captures 115% of Bitcoin ETF Inflows in One Day
BlackRock's spot Bitcoin ETF (IBIT) absorbed more than the entire market's net gain in a single trading session, as outflows from competing funds dragged the non-IBIT segment into negative territory overall.
The U.S. spot Bitcoin ETF market posted a net gain of $242.3 million on the day. IBIT's inflows exceeded that total, meaning five other funds that recorded positive flows still could not offset the losses from the rest of the field — pushing combined non-IBIT flows below zero.
The data underscores IBIT's growing dominance in the Bitcoin ETF space, with rival products struggling to retain capital even on days when overall market sentiment is positive.
🟠 Bitcoin Posts Largest Single-Week Dollar Gain on Record
Bitcoin added $14,264 in the seven days ending August 23, a 22.7% rise that brought the price to $77,387 — the biggest single-week dollar gain the asset has ever recorded.
Galaxy Research noted that a key bottom signal it tracks is approaching, though it has not yet triggered.
The milestone underscores how dollar-denominated volatility in Bitcoin has grown alongside its price, with percentage moves that once defined record weeks now translating into historically large nominal figures.
Bitwise reported approximately $100 million in daily inflows across its U.S. crypto exchange-traded products, marking a notable single-day figure for the asset manager.
Solana led the way with $40 million in inflows, with Bitwise's BSOL product setting a new volume record in the process.
The result highlights growing institutional appetite for diversified crypto ETP exposure beyond Bitcoin and Ethereum.
🟠 Bitcoin Completes Its First Quantum-Safe Transaction
A Bitcoin transaction has been secured using a new scheme called QSB (Quantum Safe Bitcoin), designed to protect against Shor's algorithm — the quantum computing method theoretically capable of breaking Bitcoin's current elliptic curve cryptography.
QSB works within Bitcoin's existing legacy rules rather than requiring a protocol upgrade, locking transactions in a way that resists quantum-based attacks. No hard fork or consensus change was needed to execute the transaction.
As quantum computing research advances, the ability to implement protective measures within Bitcoin's current framework — without network-wide changes — is seen as a significant step in long-term cryptographic resilience.