CryptoSlate News

Capital B’s €21M raise could add 270 BTC—but barely changes Bitcoin per diluted share. The bigger risk sits in the warrants: full exercise could push BTC per million diluted shares ~24% below the pre-deal level unless more Bitcoin is added. https://cryptoslate.com/capital-bs-e21-million-bitcoin-raise-comes-with-heavy-warrant-dilution-risk/

📊 DATA: Ethena is moving USDe’s basis strategy into equity perpetuals, where recent funding averaged ~14% on Hyperliquid and 17.5% on Binance versus 2.2% for Bitcoin this year. The catch: USDe still needs ~86% supply growth to unlock proposed ENA buybacks. https://cryptoslate.com/ethena-is-targeting-the-120-trillion-wall-street-stocks-market-to-hunt-yields-5x-higher-than-bitcoin/

🔐 SECURITY: Cosmos Labs says a flaw it first underestimated in April was exploited across six chains before an emergency response reached ~40 networks. Attackers moved about $5.7M through DEXs and centralized venues, while 13 other exposed chains patched or halted before exploitation. https://cryptoslate.com/cosmos-misjudged-a-critical-bug-for-4-months-before-hackers-stole-nearly-6-million-across-6-chains/

Genius Group wants to rebuild an $827M Bitcoin treasury after selling its entire BTC position to repay debt. The catch: its first proposed raise is just $12.5M—only 1.51% of the target—and even that capital will be split across Bitcoin, AI assets and a cash reserve. https://cryptoslate.com/after-selling-all-its-bitcoin-to-pay-off-debt-ai-firm-tries-to-rebuild-827-million-treasury-from-scratch/

📊 DATA: BlackRock’s IBIT regained Monday and Wednesday short-term options expiries on MIAX after a new Tier 2 rule cut eligibility thresholds in half. The catch: this is venue-specific—not a market-wide expansion to daily IBIT expiries. https://cryptoslate.com/blackrocks-bitcoin-etf-regains-key-weekly-options-expiries-after-rule-overhaul/

🗞 Top Crypto News: Fri, Aug 28 (24H) (CryptoSlate) 1️⃣ JPMorgan’s IBIT Bitcoin ETF bet just missed its escape hatch to avoid 6% deduction (Source) 2️⃣ Bitcoin now has a quantum computing escape route, but 7 million BTC may still be exposed (Source) 3️⃣ Investors just moved $7 billion into Bitcoin and gold in five days to escape an accelerating dollar crisis (Source) 4️⃣ It just got 25 times easier to move self-custody Bitcoin directly onto Wall Street, and $5 billion already has (Source) 5️⃣ Bitcoin’s bottom signal is flashing, but six months of data shows a trap waiting for early buyers (Source) — 📈 Biggest Gainers (24H) (Source) DeXe (DEXE) +15.37% Unibase (UB) +14.88% AKEDO (AKE) +10.52%

USDC is going front-and-center on Chelsea’s men’s, women’s and academy shirts for the 2026/27 season. The bigger signal: Circle is pushing stablecoin branding into mainstream sport—but the deal does not yet include USDC payments for tickets, merchandise or club services. https://cryptoslate.com/usdc-gets-promoted-to-the-premier-league-with-chelsea-main-shirt-sponsor-deal/

📊 DATA: BlackRock’s IBIT pulled in $277.6M on Aug. 27—115% of the entire Bitcoin ETF market’s $242.3M net inflow. The catch: every fund outside IBIT collectively lost $35.3M, underscoring how concentrated the current ETF streak has become. https://cryptoslate.com/blackrock-just-pulled-in-115-of-all-bitcoin-etf-inflows-in-a-single-day-as-rival-funds-bleed-cash/

📊 DATA: JPMorgan’s $21.4M IBIT-linked note missed its Aug. 26 early-exit trigger with IBIT 30.2% below the required price. Investors now remain exposed until 2028 unless they find secondary liquidity. Separately, JPMorgan’s next Bitcoin-linked structure proposes a 6% annual index deduction. https://cryptoslate.com/jpmorgans-21-million-ibit-bitcoin-etf-bet-just-missed-its-escape-hatch-the-next-wave-adds-a-6-cost/

Alpha Modus agreed to issue 10.35 new shares for every existing Class A share in exchange for 3,170 BTC—and its stock fell 25%. The catch: the deal hasn’t closed, the Bitcoin isn’t cash, and it won’t automatically solve the company’s near-term liquidity problem. https://cryptoslate.com/a-zero-revenue-public-company-tried-to-copy-michael-saylor-to-avoid-delisting-but-its-stock-immediately-crashed-25/