Debasement Trade Will Benefit Bitcoin, Says Grayscale

The debasement trade is back — and will benefit bitcoin. 

That’s according to asset manager Grayscale’s crypto research team, who wrote in a note this week that the U.S. government debasing its currency would lead to cash hitting digital assets. 

“Unchecked government debt growth undermines the credibility of fiat currencies and drives investors to seek out alternative stores of value like physical gold and certain cryptocurrencies,” the note by the firm’s head of research, Zach Pandl, read, adding that primarily bitcoin would benefit. 

US public debt has reached over $40 trillion. The Treasury is buying back bonds to ease rising borrowing costs, but core…

Read more on BitcoinMagazine

Bitcoin’s Moment Has Come For The Far East: Metaplanet CEO

Bitcoin’s time has come in Asia — especially with a changing regulatory landscape — and its people and companies should take advantage. 

That was the message Metaplanet CEO Simon Gerovich gave at this year’s Bitcoin Asia conference, where on Friday he spoke of how his company went from failing to the third biggest bitcoin treasury in the world. 

Bitcoin Asia kicked off on Thursday in Hong Kong, bringing the biggest names in the space to Hong Kong to talk about everything from treasury companies to building apps from scratch. 

JUST IN: 🇯🇵 Japanese public company Metaplanet CEO says the bottom for Bitcoin’s price is in 👀

“The buyers arriving now aren’t going…

Read more on BitcoinMagazine

Capital B Raises €21M From Adam Back And TOBAM

Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company, has raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM — money it says could buy 270 more bitcoin and push its stack to roughly 3,415 BTC.

The company said Friday that a total of 36,219,070 shares were sold at €0.58 each as part of the deal, a 6.45% discount to Wednesday’s closing price.

Capital B said the net proceeds are expected to reach about €19.9 million after fees and transaction costs.

JUST IN: 🇫🇷 French company Capital B announces a €21.0 million capital raise to “accelerate…

Read more on BitcoinMagazine

Bitcoin Shrugs Off Fed Chair’s Inflation Comments

Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. 

The leading cryptocurrency was recently trading for $79,474 after dropping as low as $78,630 before quickly rising again. 

Bitcoin has typically done well in a low interest rate environment but the Federal Reserve has been reluctant to lower borrowing costs due to sticky inflation in the world’s biggest economy. 

“But on the price-stability side of our mandate, the numbers are more concerning,” Warsh said after talking about employment. 

He added: “We must be confident that…

Read more on BitcoinMagazine

Pakistan Built Its Crypto Regulatory Regime Using Just 8% Of Its Budget, Minister Bilal Bin Saqib Reveals At Bitcoin Asia

Pakistan has launched its virtual asset regulatory regime in less than six months while using just 8% of the budget allocated to build it, according to Bilal Bin Saqib, the country’s Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA).

Speaking at Bitcoin Asia in Hong Kong on August 28, Saqib said approximately $200,000 was used to build and operationalize the new regulatory framework, leaving roughly 92% of the approved budget unspent.

“We used only 8% of our approved budget to get this done,” Saqib announced. “Government should not measure success by how much money it spends. It should measure success by how much it delivers.”

Pakistan…

Read more on BitcoinMagazine

Genius Group Sets $2B Dual AI And Bitcoin Treasury Target

Genius Group has announced a new plan to buy bitcoin — just months after selling its entire stash. 

The NYSE-listed AI-powered education company said in a Thursday statement that it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, with total company assets targeted at $2 billion by fiscal year 2031. 

Just in April, Genius Group sold its entire bitcoin reserves to repay $8.5 million in debt. The sale came as a number of digital asset treasuries were struggling due to a drop in crypto prices. 

“Every dollar of preferred capital deployed into our bitcoin and AI Treasury that generates returns above the preferred dividend rate flows…

Read more on BitcoinMagazine

Japanese Bitcoin Industry Unveils ‘Aurora’

Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems.

Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not be serviced before. 

The pitch is simple: anime, manga, games, and other Japanese content have a massive global following, but the payment rails supporting that content haven’t kept pace. 

香港で開催中のbitcoinasiaに当社取締役の加藤( @btc_dakara )…

Read more on BitcoinMagazine

Bitcoin’s First Quantum-Safe Transaction Just Happened

Should fund managers dealing in Bitcoin be worried about the threat of quantum computing? 

The short answer is yes — but there’s time to prepare and solutions are already being found.

One of them? Post-quantum Bitcoin transactions on the mainnet. And the first one happened this week thanks to the Starknet Foundation. 

JUST IN: The first post-quantum resistant Bitcoin transaction was mined today.

“It required no soft forks. It required no hard forks. It required no core protocol upgrades. And it’s live today.” pic.twitter.com/YyZbHhm8HI

— Bitcoin Magazine (@BitcoinMagazine) August 27, 2026

Speaking at Bitcoin Asia in Hong Kong on Thursday, Damian Chen, VP of growth…

Read more on BitcoinMagazine

Binance’s CZ Says $1M Bitcoin Is Coming

Binance founder Changpeng “CZ” Zhao has said that Bitcoin will hit $1 million dollars per coin sooner than we think — and eventually surpass gold’s market value. 

Speaking at this year’s Bitcoin Asia on Thursday, the crypto entrepreneur also said that Bitcoin is “dangerous” for countries that don’t use it. 

Bitcoin Asia kicked off on Thursday in Hong Kong, bringing the biggest names in the space to Hong Kong to talk about everything from treasury companies to building apps from scratch. 

JUST IN: Former Binance CEO CZ says “I think for Bitcoin to hit $1,000,000 would be a good thing. And it’ll happen.”

“I don’t think we need 25 years. I think it’s gonna happen much…

Read more on BitcoinMagazine

Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is The New Bitcoin Custody Baseline

In the wake of Coldcard’s catastrophic entropy bug, self-custody advocates and experts have begun recommending a new standard, multi-vendor multisignature wallets, an approach that looks to minimize —among other threats— dependency on any single hardware wallet manufacturer.

The Coldcard entropy bug that went undiscovered since at least 2021 has taught a hard lesson to the Bitcoin self-custody advocates and users. No matter how legitimate or competent a wallet provider might seem, how well recommended and reputable, a major bug may be possible. As a result, Bitcoiners are questioning old recommendations and assumptions, including many declaring the ‘death of single sig’ the…

Read more on BitcoinMagazine