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Crypto Headlines: Vitalik Buterin, AI Transactions, and National Debt

⚡ Ethereum co-founder Vitalik Buterin denies selling $ETH for profit since 2018. He said that the proceeds have supported various projects within the Ethereum ecosystem or broader charities including biomedical R&D.

Coinbase CEO Brian Armstrong announced that they recently witnessed their first AI-to-AI crypto transaction. In this case, one AI bought AI tokens—essentially just units of text (words)—from another AI. The real significance lies in the fact that they were able to use crypto to make the transaction happen.

🚨🚨 🇺🇸 US National Debt just hit $35.27 TRILLION - record high.

$104,568 debt per US citizen

🤓 Financial Times: In 2023, Telegram's financial losses were partially offset by the growth in the value of digital assets that the company held on its balance sheet

The company's digital assets were valued at almost $400 million.

Also, according to the balance sheet, in 2024, Telegram sold TON for more than $244 million.

🇧🇷 Brazil has officially blocked 𝕏 (Twitter) due to Elon Musk's refusal to appoint a company representative in the country.

👀 Anyone caught using a VPN to access the social network will be fined up to $8,874 per day.

Elon Musk says he is the person who wants Tesla to bring back the ability to pay for goods with Dogecoin 😁

💰3 years ago, Vitalik Buterin held 325K $ETH ($1.46B at $4,500/ETH).

Now, he holds 240K $ETH ($592M), reducing his holdings by 85K $ETH ($209M).

📊 Crypto Net Inflow : Aug 30th

💰 BTC ETFs : -$175.6M 📉

💰 ETH ETFs : $0.0M 📊

On August 30, #Ethereum Spot #ETFs experienced a unique occurrence where both the total net inflow and net outflow were recorded as $0.00.

#cryptonews
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