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2026/09/04

FTC Sues Amazon Over Alleged $20B Ad Overcharges, Backed by 22 States

The Federal Trade Commission just dropped one of the largest advertising fraud cases in US history, accusing Amazon of quietly rigging its digital ad auctions to squeeze more than $20 billion out of advertisers. The suit, filed in US District Court for the Western District of Washington, arrives wit

Polaris Completes a $1M Angel Round Led by the Ethereum Foundation and Fusion

Huo Xing Finance reports that the permissionless on-chain yield protocol Polaris has completed a $1 million angel round, with participation from institutions including the Ethereum Foundation, Fusion (under IPOR), Altitude, Liquity, LI.FI, and over 30 founders and contributors such as Anthony Sassan

Trezor Expands Data Breach Disclosure to 67,000 More US Customers via ShipMonk

Hardware wallet maker says the expanded breach traces back to a third-party fulfillment partner, not its own systems.Trezor, one of the largest makers of hardware cryptocurrency wallets, has notified customers of a fresh wave of exposure tied to a data breach. The company said about 67,000 additiona

Ripple Partners with the University of Florida for a Multi-Year Sponsorship Agreement

ME News reports that on September 4 (UTC+8), the University of Florida announced a multi-year sponsorship partnership with Ripple. The XRP brand logo will debut at the University of Florida’s home game against Florida Atlantic University this Saturday. According to sources familiar with the deal, th

Crypto Trader Turns $1,491 into $1.2M in 7 Hours with AMC Meme Coin

Crypto trader Rohun Vora, founder of the Solana (SOL)-based Non-Fungible Tokens (NFTs) DeGods and y00ts, has turned $1,491 into $1.2 million in less than half a day. On September 4, 2026, at 5:00 AM, Vora spent $1,491 to purchase 11 million tokens of A Meme Coin (AMC), when it had a market capitaliz

Senator Katie Britt Pushes to Turn Trump's Data Center Pledge into Federal Law

Senator Katie Britt wants Congress to stop treating a handshake deal like it’s a binding contract. In a September 4 interview, the Alabama Republican called on lawmakers to turn President Trump’s Ratepayer Protection Pledge, a voluntary commitment from tech giants to cover the full costs of their da

Robinhood Chain Restores Block Production After 4-14 Minute Outage on September 4

Robinhood Chain is back online. The company’s Ethereum Layer 2 network suffered a block production outage on September 4, 2026, freezing transaction processing for somewhere between 4 and 14 minutes before operations returned to normal.No funds were lost. No unauthorized transfers occurred. But for

Stablecoin Issuers' Revenue Tied to Treasury Yields

Stablecoin issuers care about Treasury yields because much of the money backing USDT and USDC sits in short-term U.S. government debt. Higher yields increase the interest earned on those reserves, while Fed rate cuts reduce revenue per dollar held. For large issuers such as Tether and Circle, even a

U.S. National Sheriff's Association Changes Position on Clarity Act to Neutral

ChainCatcher report: On Thursday, the National Sheriffs' Association (NSA) sent a letter to Senate leadership, announcing a shift in its position on the Digital Asset Market Clarity Act from opposition to neutrality. In the letter addressed to Senate Majority Leader John Thune and Minority Leader Ch

Robinhood co-founder supports stock tokens; MEME token rises over 30%.

BlockBeats news, September 4: Robinhood co-founder Vlad Tenev tweeted in support of stock tokens.Affected by this, MEME regained its upward momentum and surged sharply in the short term. According to GMGN market data, its market cap is now $120 million, with a short-term rebound exceeding 30%.

Volkswagen Board Approves 50,000 Job Cuts as Part of 2030 Restructuring Plan

Volkswagen just got the green light to become a much leaner company. The automaker’s supervisory board unanimously approved CEO Oliver Blume’s “Future Plan 2030” on September 3, authorizing roughly 50,000 additional job cuts and a dramatic simplification of the sprawling German industrial empire.The

GPT-6 Astra Achieves Near-Perfect Score on ARC-AGI-3, Sparking Debate on AGI

GPT-6 Astra’s near-100% score on the ARC-AGI-3 test has drawn attention. The model achieves this by generating efficient "symbolic world models," abstracting the real world into logical symbols and causal code, autonomously creating a DSL algebraic system to encode environmental rules in unfamiliar

U.S. National Sheriffs' Association Shifts to Neutral on Clarity Act

The National Sheriffs' Association reversed its opposition to the Digital Asset Market Clarity Act on Thursday, writing to Senate leadership that it was changing its position to neutral, given how complex the legislation was and the number of important details that remain under consideration."We bel

U.S. August Nonfarm Payrolls to Be Released Today; Stronger-than-Expected Data May Weigh on Markets

CoinMarketCap reports:The U.S. August Non-Farm Payrolls report will be released today, with markets expecting an addition of 55,000 non-farm jobs and an unemployment rate of 4.1%. This data is a key indicator ahead of the Fed’s September rate decision and may influence the short-term price movements

Bitcoin Volatility Hits 1.5th Percentile as Fidelity Warns of 'Coiled Spring' Setup

Bitcoin’s realized volatility has collapsed to a level so low that only about 1.5% of all trading days since the asset’s creation have been quieter. Fidelity Digital Assets flagged the reading as a “coiled spring,” borrowing the physics metaphor that traders love: the tighter the compression, the mo

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