JPMorgan exploring crypto-backed loans amid stablecoin push: FT

JPMorgan is exploring crypto-backed loans for Bitcoin and Ether, signaling a shift in banking attitudes. CEO Jamie Dimon has softened his anti-crypto stance amid stablecoin interest.
Jito Labs Launches BAM To Bring ‘Liquid Internet Markets’ on Solana
Jito Labs introduces BAM, a next-gen block-building system for Solana, enhancing transaction privacy and reducing MEV. It aims to improve tokenized equity trading with institutional-grade features.
Strategy’s Bitcoin-backed Stretch stock could lure capital from $7T traditional funds

Strategy introduces Bitcoin-backed STRC preferred shares with 9% initial yield, targeting $7T money market funds. The product offers flexible redemption and aims to redirect traditional capital into crypto.
Cryptojacking Resurfaces As Monero Miner Malware Hits 3,500+ Sites: Report – Decrypt

Over 3,500 websites have been infected with a stealthy Monero mining malware that hijacks visitors’ browsers. The low-profile script avoids detection by limiting CPU usage and reusing past attack infrastructure.
Balancing Privacy Rights With Regulatory Demands in Blockchain
The article explores the tension between blockchain’s inherent privacy features and increasing regulatory demands, examining how decentralized networks protect user anonymity while facing government scrutiny.
SpaceX Moves $155M in BTC: Will Musk’s Company Sell? – Coinspeaker

SpaceX moved 1,308 BTC ($155M) to an unknown address, potentially signaling a selloff. The company still holds 6,977 BTC ($826M). Bitcoin price dipped 1.3% amid the transaction.
JPMorgan Reportedly Explores Lending Against Clients’ Cryptocurrency Holdings – News Bytes Bitcoin News

JPMorgan is considering offering loans backed by clients’ cryptocurrency holdings, signaling a notable shift in its approach to digital assets despite past criticisms.
Pump Fun generates $10.2 million weekly in fees but PUMP remains below ICO launch price

Despite generating $10.2M weekly fees, PUMP trades below ICO price due to early investor sell-offs and weak post-ICO momentum, lagging behind rival BONK in market cap.
Goldman Sachs Spots Ominous Economic Signal Brewing in China, Creating Headwinds for 2025 Growth: Report – The Daily Hodl

Goldman Sachs warns of sluggish wage growth in China, hitting a record low of 3.9% in Q2 2024, which may hinder 2025 economic growth and consumer spending.
Strategy launches Bitcoin stock pegged at $100 to increase treasury

Strategy launches a $100-pegged Bitcoin stock to raise funds for BTC acquisitions, offering variable dividends to maintain share price stability and attract investors.