Crypto Briefs — Sunday, September 13, 2026
Ethereum's institutional push, regulatory compliance shifts, and on-chain positioning changes dominated cryptocurrency markets today. Ethereum backers launched a non-profit to expand Wall Street adoption, while the EU's MiCA regulation showed limited impact on Bitcoin's market dominance despite compliance efforts. Bitcoin's price climbed above $62,000 amid mixed signals—long-term holders resumed accumulation, yet a majority of measured supply remains underwater, and exchange inflows spiked to levels historically associated with volatility. The market also processed developments ranging from layer-two scaling improvements to security incidents and regulatory enforcement actions targeting terrorist financing.
Ethereum Backers Form Non-Profit to Expand Wall Street Adoption
Institutional supporters of Ethereum have established an independent non-profit organization aimed at increasing adoption among Wall Street wealth managers and financial institutions. The move signals a push to integrate Ethereum into mainstream financial services and institutional investment portfolios.
MiCA Rollout Shows Limited Impact on Bitcoin Dominance
Kaiko's analysis finds that the European Union's Markets in Crypto Assets regulation (MiCA) rollout has had minimal effect on Bitcoin's market dominance. The report suggests regulatory frameworks, despite their significance for compliance and market structure, have not materially shifted cryptocurrency allocation dynamics in the measured period.
ENS DAO Sunsets Public Goods Working Group After 4.5 Years
The Ethereum Name Service DAO has ended its Public Goods Working Group after 4.5 years of funding ecosystem projects. The group's final allocation distributed $450,000 in USDC and 72.5 ETH to Ethereum infrastructure initiatives including Vyper, Argot Collective, and Remix Labs before winding down operations.
ShapeShift's Voorhees Defends Venice Token Valuation
Erik Voorhees responded to criticism that Venice's $65 million Series A round underpriced VVV tokens, arguing the deal structure could deliver $131 million in value over a four-year lockup period for 6.5 million tokens. The discrepancy between critics' valuation concerns and Voorhees's defense highlights ongoing debate around token pricing mechanics in early-stage crypto funding rounds.
Rocket Pool Saturn 1 Upgrade Aims to Expand Liquid Staking Capacity
Rocket Pool's Saturn 1 upgrade reshapes incentives for RPL and rETH token holders by expanding protocol scaling capacity and stabilizing rETH's peg to ETH, according to Rocket Pool GM Darren Langley. The upgrade positions RPL staking as an ETH-yield strategy for protocol participants.
Bitcoin Holders in Loss Majority as On-Chain Metrics Shift
Glassnode's Week Onchain report indicates 10.83 million BTC are now underwater, representing 54% of measured supply, versus 9.22 million BTC still profitable. The shift suggests institutional selling pressure coincides with retail accumulation, marking a notable inversion in holder positioning.
Mystery respondent challenges $200B Satoshi Bitcoin lawsuit in New York
A pseudonymous respondent identified as John Doe 33 filed a notice of appearance on June 30 in New York court to challenge a lawsuit seeking control of over $200 billion in dormant Bitcoin from the network's early days, including coins potentially linked to Satoshi Nakamoto. The court filing marks the first known defense against claims to the historically significant holdings.
France's crypto kidnappings highlight data security risks for wealthy holders
France has experienced a surge in kidnappings targeting cryptocurrency holders, exploiting publicly visible wealth and personal data leaks. The trend underscores the need for offline security measures, data privacy controls, and improved law-enforcement coordination to combat what security researchers call "wrench attacks"—crimes where perpetrators coerce victims into transferring digital assets.
Edel DeFi Protocol Suffers $403K Exploit via Tokenized Stock Collateral
DeFi lending protocol Edel disclosed a $403,000 exploit targeting its tokenized stock collateral layer. The team said depositors would face no losses, with Edel absorbing bad debt and restoring affected balances while rebuilding the protocol's oracle architecture for a version two release.
SBI Crypto Shutting Mining Pool With ~2% Bitcoin Hashrate
SBI Crypto announced it will shut down its Bitcoin mining pool, which currently controls approximately 2% of the network's total hashrate. Miners using the pool must redirect their hashrate by a July 31 deadline, after which the pool will cease accepting new contributions.
US Treasury Sanctions 100+ ISIS-K Crypto Addresses Over $1.4M
The US Treasury sanctioned over 100 cryptocurrency addresses linked to ISIS-K that moved $1.4 million, according to CoinDesk reporting on the enforcement action. The terrorist organization allegedly used its media wing to solicit donations via Tron, Monero, and Bitcoin, underscoring stablecoin issuers' expanding role in sanctions compliance and detection.
Grayscale Files to Rename Litecoin Trust as ETF Product
Grayscale has filed to rename its Litecoin Trust as the Grayscale Litecoin Trust ETF. The move could enhance market efficiency and broaden crypto investment options, potentially influencing LTCN pricing as the firm seeks to modernize its litecoin investment vehicle.
Bitwise: STRC Selloff Signals Crypto Cycle Bottom, Not Product Failure
Bitwise attributed recent volatility in its STRC (Bitwise Bitcoin Mini Trust) to late-cycle leverage unwinding rather than fundamental product issues, suggesting the crypto market may be nearing a cycle bottom. The firm projects institutions will become bitcoin's dominant buyers as the Strategy product stabilizes.
FBI Director Patel's Undisclosed MicroStrategy Stock Buy Down 44%
FBI Director Kash Patel failed to disclose a significant stock purchase in MicroStrategy, a bitcoin treasury firm, from November. The position has declined 44% in value since the undisclosed purchase, raising questions about disclosure compliance and potential conflicts of interest.
Securitize Shares Begin Trading on NYSE and Blockchain Networks
Securitize, a tokenization platform backed by BlackRock, has launched share trading on the New York Stock Exchange while simultaneously offering tokenized shares on Solana and Avalanche blockchains. The dual-listing approach represents a convergence of traditional equity markets and blockchain infrastructure for security distribution.
Bitcoin Rallies to $62K as Crypto Shorts Liquidated
Bitcoin climbed above $62,000 following an earlier 21-month low this week, leading a broader cryptocurrency market rebound that triggered liquidations in short positions. Ethereum and XRP also reached weekly highs as the market recovered.
SBI Crypto to Shut Down Bitcoin Mining Pool Operations
SBI Crypto, a subsidiary of Japanese financial conglomerate SBI Holdings, is closing its Bitcoin mining pool operations. The move follows a broader consolidation trend in the mining sector as firms reassess profitability and operational focus.
FBI Director Patel's Undisclosed MSTR Investment Raises Ethics Questions
FBI Director Kash Patel failed to initially disclose a six-figure investment in MicroStrategy (MSTR), a major Bitcoin holder, according to Bitcoin Magazine reporting. The late disclosure has prompted renewed scrutiny over ethics compliance for federal officials with crypto-related holdings.
Wavespace Launches MiCA-Compliant Self-Custodial Bitcoin Debit Card
Wavespace, a Bitcoin-only neobank, has achieved MiCA compliance and launched its wavecard® debit card, which uses Nostr Wallet Connect to enable self-custodial top-ups directly from users' Lightning nodes. The design eliminates custodial preloading risks by allowing automatic funding from personal Lightning wallets rather than requiring users to deposit funds with the card issuer.
Bitcoin Exchange Inflows Spike to 49,000 BTC, Signaling Volatility Ahead
CryptoQuant reported Bitcoin exchange inflows surged to 49,000 BTC on June 30, a rare spike historically associated with increased volatility and downside risk. The spike occurred as Bitcoin rebounded above the $60,000 support level, suggesting potential market turbulence ahead despite the price recovery.
Bitcoin Long-Term Holders Resume Accumulation Phase
Long-term Bitcoin holding wallets have shifted from net distribution to net accumulation, according to on-chain analytics firm Glassnode. The metric indicates that investors with extended time horizons are adding to positions rather than selling, a potential signal of strengthened conviction in the asset's value.
XRP rises on whale activity surge amid cautious retail sentiment
XRP climbed as whale wallet activity and new wallet creation reached three-month highs, though retail traders remained hesitant. Analysts flagged $1.10 as a key resistance level the token must reclaim for the recovery to appear sustainable.
Bitcoin Tops $60K on Warsh Inflation Comments; Solana Rallies
Bitcoin recovered above $60,000 for the first time in over a week after Fed Chair Kevin Warsh signaled that inflation risks had declined. Solana led major altcoins with a weekly gain of roughly 16%, while a semiconductor selloff in Asian markets pressured the AI-linked trades that had redirected capital away from crypto throughout the quarter.
FBI Director Patel Failed to Disclose Six-Figure MSTR Investment
FBI Director Kash Patel purchased a six-figure stake in MicroStrategy (MSTR), a major Bitcoin holder, but failed to file required timely disclosure of the investment, according to reporting by NOTUS. The incident raises questions about compliance with financial disclosure requirements for government officials.
UK Investors Sue Binance and Changpeng Zhao for $200M
UK investors have filed a lawsuit against Binance and former CEO Changpeng Zhao seeking $200 million in damages. Binance stated it will contest the allegations through court proceedings but has not publicly addressed the specific claims underlying the action.
Solana dApps Generated $257M in Q2 Revenue
Solana decentralized applications generated $257 million in revenue during the second quarter, according to available data. The figure underscores Solana's continued position as a leading blockchain by fee-generating activity among layer-one networks.
Open USD Stablecoin Consortium Draws Comparisons to XRP Ledger Design
A new stablecoin consortium involving Visa and Mastercard has reignited discussion about similarities between its reserve-sharing model and the XRP Ledger's early architectural approach. The comparison highlights design choices in how decentralized payment networks manage liquidity and settlement across participants.
XRP Active Addresses Hit 3-Month High Amid Leverage Flush
XRP network activity reached a three-month high in active addresses as derivative market leverage was liquidated. The metric suggests renewed on-chain engagement following a period of elevated leveraged positions unwinding from the market.
Solana Token Launches Reach 80-Day High on Meme Coin Surge
Solana daily token creation climbed to an 80-day high, driven by a resurgence in meme coin launches and high-velocity decentralized finance activity. The metric reflects renewed on-chain activity and user engagement across the Solana ecosystem.
Supreme Court Clears Trump to Fire SEC, CFTC Commissioners
The Supreme Court's 6-3 ruling in Trump v. Slaughter overturned Humphrey's Executor, a 91-year precedent that had shielded independent agency commissioners from at-will removal. The decision has direct implications for SEC and CFTC leadership as the CLARITY Act approaches a floor vote, potentially enabling faster regulatory personnel shifts in crypto oversight.
Supreme Court Overturns Humphrey's Executor, Affects SEC and CFTC Leadership
The Supreme Court's 6-3 ruling in Trump v. Slaughter overturned Humphrey's Executor, a 91-year-old precedent that had protected independent agency commissioners from at-will removal by the president. The decision has direct implications for SEC and CFTC leadership structure as the CLARITY Act moves toward a floor vote.
Cloudflare Launches Stablecoin Payment Gateway via x402 Protocol
Cloudflare opened a waitlist Wednesday for its Monetization Gateway, enabling customers to charge for web pages, datasets, APIs, and MCP tools with settlements in stablecoins over the x402 protocol. The company hired Will Papper, formerly of Syndicate, as product manager for Agent Payments to lead the initiative.
Venice Raises $65M Series A at $1B Valuation Led by Dragonfly
Erik Voorhees' privacy-focused AI platform Venice closed a $65 million Series A round at a $1 billion valuation led by Dragonfly, marking its first institutional funding. The company achieved profitability in Q1 2024 prior to the raise, positioning itself as a privacy-first alternative in the AI sector.
Circle CEO: Open USD must overcome USDC network effect
Circle CEO Jeremy Allaire stated that Open USD, a stablecoin backed by 140 entities, will need to break USDC's established network effect to succeed. Allaire emphasized that competition will ultimately depend on liquidity, integrations, and regulated usage once Open USD launches.
Bitcoin reclaims $60K as MSTR and ASST surge over 10%
Bitcoin price climbed above $60,000 on Wednesday, with Bitcoin treasury stocks Strategy (MSTR) and Strive (ASST) rising more than 10% intraday. The move lifted sentiment in Bitcoin-related equities as the largest cryptocurrency recovered from recent declines.
Bitcoin enters H2 bear market amid ETF, Fed pressure
Bitcoin has declined approximately 33% year-to-date and over 50% from its October 2024 peak above $126,000, trading near September 2024 lows. The asset's support systems from its previous rally are under pressure as it faces a critical $100,000-to-$50,000 range test, with the second half shaped by ETF flows, Federal Reserve policy, and macroeconomic strategy.
Moody's Warns of Quantum Threat to Bitcoin, Urges Crypto Adoption of Resistant Tech
Moody's issued a warning that President Trump's quantum computing executive orders heighten urgency for Bitcoin and digital assets to implement quantum-resistant cryptography. The rating agency flagged quantum computing as a material risk to current cryptographic security standards underlying cryptocurrency networks.
Bitcoin surges above $60K as Fed Chair Warsh avoids rate guidance
Bitcoin climbed above $60,000 following Federal Reserve Chair Kevin Warsh's refusal to signal future interest rate direction during an ECB policy discussion. BTC traded around $60,175 at the time of reporting, with the price movement appearing to correlate with Warsh's ambiguous stance on monetary policy.
Whales accumulate 10M LINK after 17% correction
Large Chainlink (LINK) holders purchased 10 million tokens following a 17% price decline, according to Crypto Briefing. The accumulation pattern is interpreted as signaling sustained confidence in the protocol despite near-term market volatility.
Aster DEX Adds Lisk and Power Ledger Perpetual Futures
Aster DEX has listed perpetual futures contracts for Lisk and Power Ledger tokens with 5x leverage, as part of its expansion strategy. The exchange positions the move as broadening access to diverse crypto assets and increasing market liquidity.
Tether USDT faces EU delisting as MiCA compliance deadline nears
Tether's $186 billion USDT stablecoin will lose access to regulated crypto exchanges across the EU after July 1, 2026, when the bloc's MiCA transition completes and Tether lacks a compliant route to operate. The Markets in Crypto-Assets framework has forced the withdrawal without a clear regulatory pathway for the stablecoin's continued distribution in Europe.
Atlanta Fed GDPNow Q2 forecast drops sharply amid economic slowdown
The Atlanta Federal Reserve's GDPNow model shows a significant decline in its Q2 estimate, reflecting cooling economic momentum. The weakness may pressure the Fed toward monetary easing, which historically benefits risk assets including cryptocurrencies.
SEC Opens 60-Day Comment Period on Novel ETF Rules
The SEC has launched a 60-day public comment period on proposed regulations governing novel ETF products, including those tracking crypto assets, event contracts, and leveraged strategies. The rulemaking could reshape how these emerging asset classes are packaged and offered to investors.
MetaMask Launches Money Account with 4% Yield on mUSD Stablecoin
MetaMask introduced a Money Account feature offering up to 4% variable annual percentage yield on mUSD stablecoin balances, integrated with Mastercard for merchant spending without leaving the wallet. The product combines yield generation with point-of-sale functionality within the MetaMask interface.
XRP ETFs Record $19M Inflow This Week Amid Institutional Interest
XRP exchange-traded funds saw $19 million in inflows this week, continuing a positive trend in institutional adoption. The flows suggest growing acceptance of XRP among institutional investors and could presage price appreciation by 2026.
Analyst Model Suggests Zcash Overvalued vs. Bitcoin Framework
Crypto analyst filbfilb has applied a Bitcoin-based valuation framework to Zcash, concluding that ZEC currently trades above levels justified by its network activity. The model tests whether privacy-focused ZEC can follow Bitcoin's valuation trajectory using on-chain metrics.
BNB Chain Launches BNB Agent Studio AI Infrastructure
BNB Chain has launched BNB Agent Studio, an infrastructure platform for AI agents on its blockchain. The studio is positioned as a development tool for autonomous agents to execute transactions and interact with smart money applications on the BNB network.
Bitcoin Weakness Attributed to AI Capital Shift, HashKey Analyst Says
HashKey analyst Sun argued that recent Bitcoin weakness reflects capital rotation toward artificial intelligence investments rather than declining risk appetite. The analysis suggests investor interest has shifted between asset classes rather than indicating broader market stress or diminishing crypto demand.
Ondo Finance Lists 430 Tokenized Stocks, ETFs on Uniswap
Ondo Finance integrated over 430 tokenized stocks and ETFs onto Uniswap decentralized exchange, expanding access to traditional asset classes on-chain. The offering excludes US persons due to regulatory restrictions.
BNB Chain leads 2026 RWA growth with $3.62B gain
BNB Chain led real-world asset (RWA) growth in 2026 with a $3.62 billion gain, outpacing Solana according to CryptoRank data. Total onchain RWA value surpassed $39 billion, marking continued expansion of tokenized assets across blockchain networks.
Altcoins hit peak inflows as Binance drives investor interest
Altcoins recorded their highest 7-day inflow transactions in months, with Binance leading volume flows, according to Crypto Briefing. The uptick suggests investors are diversifying away from established cryptocurrencies into alternative tokens, marking a potential shift in market sentiment toward higher-risk digital assets.
Jupiter routes majority of DeFi trades to traditional market makers
A CryptoSlate analysis finds that approximately 90% of trades executed through Jupiter, a popular Solana DEX aggregator, are routed to Wall Street market makers rather than executed on-chain. Jupiter functions as a liquidity search engine that connects retail traders to external liquidity providers, obscuring the final execution venue from users who believe their swaps occur directly on decentralized platforms.
UK Company Liquidates 669 BTC Treasury for Shareholder Returns
An unnamed UK company has sold its entire Bitcoin reserve of 669.4867 BTC to distribute proceeds to shareholders, with settlement expected by September 28. The move represents a significant corporate treasury liquidation event in the digital asset space.
Circle acquires Tazapay for $400M to expand USDC in emerging markets
Circle announced a $400 million acquisition of Tazapay, a payments platform with established connections in emerging markets, to accelerate USDC adoption in regions where Tether has maintained dominance. The deal targets stablecoin expansion in emerging markets, described by analysts as the sector's "next battleground," by acquiring infrastructure that would take years to build independently.
WhaleInsider reports $150M in crypto long positions liquidated
WhaleInsider data indicates $150 million in crypto long positions were liquidated over a 24-hour period, according to Crypto Briefing. The liquidations signal increased market volatility and suggest investors may be reassessing crypto asset valuations and confidence levels.
Crypto wallet creators face 24-hour security breach reporting deadline
Qualifying commercial wallet hardware and software providers must now report serious security flaws to regulators within 24 hours as part of a rapid three-stage reporting process. The requirement establishes stricter timelines for disclosure of exploited vulnerabilities in cryptocurrency custody solutions.
Ethereum ETFs Rally to Eight-Month High as Bitcoin Funds See Outflows
Ethereum exchange-traded funds posted strong inflows on Friday as ETH surged to an eight-month high, while Bitcoin ETFs experienced $460 million in outflows over the week. The divergence reflects shifting investor sentiment between the two largest cryptocurrencies during the period.
Crypto Clarity Act faces uncertain Senate vote timeline
The cryptocurrency industry awaits a potential September 15 Senate vote on the Clarity Act, though timing remains unclear with possibilities including delay or reformation. The bill's fate hinges on Congressional scheduling as the Senate reconvenes, leaving stakeholders uncertain whether the vote will proceed as planned.
Circle Mints $1B USDC on Solana, Boosting Stablecoin Liquidity
Circle minted an additional $1 billion in USDC on the Solana network, according to NewsBTC. The issuance increases Solana's total USDC supply in 2026, expanding liquidity for decentralized finance and trading activity on the blockchain.
Coinbase Premium Index Remains Negative, Signals Weak US Bitcoin Demand
The Coinbase Premium Index has remained negative since May 6, indicating softer demand for Bitcoin on the US exchange relative to global trading venues. The metric tracks price differentials between Coinbase and international markets, with negative readings suggesting US buyers are paying less than global peers.
BNB Beacon Chain Completes Phase 3 Migration With Self-Service Recovery
BNB Beacon Chain migration has advanced to Phase 3, transitioning BEP2 and BEP8 token recovery from manual processes to a self-service tool. The shift allows token holders to manage recovery independently, streamlining the transition away from the legacy Beacon Chain infrastructure.
Bitcoin Standard Treasury Delays Cantor SPAC Merger Vote to July 10
Bitcoin Standard Treasury postponed its shareholder vote on a merger with Cantor Equity Partners to July 10, according to SEC filings. The SPAC combination, which would create a publicly listed bitcoin treasury company, had originally been scheduled for an earlier date.
Drift Protocol Rebrands to Velocity DEX Ahead of Relaunch
Drift Protocol, a Solana perpetuals exchange, has rebranded to Velocity DEX and plans to launch a private beta soon as it rebuilds following a $295 million exploit in April. The rebranding marks a strategic shift for the platform as it recovers from the security breach.
Miles Guo Sentenced to 30 Years for $1B Crypto Fraud
Chinese exile Miles Guo received a 30-year federal sentence and was ordered to forfeit $889 million after conviction for operating a scheme that raised over $1 billion partly through the fraudulent Himalaya Coin cryptocurrency. The case marks a major enforcement action against a large-scale crypto fraud operation.
Chainflip loses $736K USDT in TRON exploit, pauses network
Chainflip, a cross-chain liquidity protocol, lost 736,442 USDT after an exploit involving altered TRON memos triggered repeated payouts. The team paused the network in response and announced plans to compensate affected users.
Mexico Seizes 300 GPUs at Suspected Illicit Crypto Farm
Mexican authorities seized 300 graphics processing units at a hidden cryptocurrency mining operation in Puebla while investigating suspected electricity theft and money laundering. The raid highlights ongoing enforcement efforts against unregulated crypto mining operations that consume significant power resources and may be linked to financial crimes.
LDK v0.2.6 patches Lightning bugs risking fund theft
LDK released version 0.2.6 to address critical vulnerabilities in Bitcoin's Lightning Network that exposed nodes to potential fund theft and restart failures. The update patches splice-related fund losses and a payment-handling flaw that could prevent saved channel state from loading on node restart.
World Launches Onchain Prediction Market on Solana
World, a prediction market platform that operated anonymously for over two years under the "Trade Everything" account, has launched on Solana with trading pairs in Phantom's CASH stablecoin. The platform uses Chainlink oracles for outcome resolution rather than human adjudication, according to The Defiant.
MiCA July 1 Deadline Tests EU Crypto User Migration
Europe's Markets in Crypto Assets (MiCA) regulation enters full enforcement on July 1, requiring unauthorized exchanges to cease EU operations. The ESMA issued guidance on June 23 mandating that unauthorized platforms immediately stop onboarding EU clients and opening accounts. Compliance depends partly on app store enforcement and represents the first major test of user migration in Europe's regulated crypto market.
Zcash Miners Report Higher Profitability Than Bitcoin
Zcash miners are experiencing improved profitability relative to Bitcoin miners, driven by recent ZEC price appreciation. The privacy coin's mining economics have improved as ZEC valuations rise, offering a redemption narrative for the sector after prior periods of lower margins.
Entropy32 Plus claims radioactive decay as Bitcoin seed-phrase source
Entropy32 Plus is marketing a device that generates offline Bitcoin seed phrases using radioactive decay as an entropy source, according to Crypto.news. The product remains unvalidated and unaudited, raising questions about the reliability and security of its random-number generation method for cryptographic key material.
MIT Professor: Classic Math Sufficient for Quantum-Safe Blockchains
Muriel Médard, Optimum co-founder and MIT professor, argues that blockchains can achieve quantum resistance through mathematical techniques rather than quantum computing itself. Médard contends that existing cryptographic tools provide adequate quantum-safety without requiring new hardware or quantum machines.
Taiwan crypto law tilts stablecoin rules toward banks
Taiwan's new cryptocurrency regulations do not grant banks exclusive stablecoin issuance rights but impose requirements on reserves, custody, audits, and yield restrictions that favor traditional financial infrastructure. The framework structures regulatory advantage for established banking institutions over decentralized alternatives.
Florida Crypto ATM Law Requires Scam Refunds From Operators
Florida's HB 505 imposes new requirements on cryptocurrency ATM operators, including transaction caps, receipt requirements, and warning labels, while establishing conditional refund obligations for fraud victims. The law shifts financial responsibility for certain scams from consumers to kiosk businesses, testing whether such protections can reduce crypto-related fraud losses.
Aerodrome Leads USDC Transfer Volume, Circle CEO Says
Circle CEO stated that Aerodrome leads in USDC transfer volume, highlighting the DeFi protocol's growing importance in financial infrastructure. The endorsement reflects increasing adoption of decentralized finance platforms, though analysts note potential centralization risks that could affect network stability.
Goliath Ventures CEO pleads guilty in $400M crypto Ponzi scheme
Christopher Delgado, CEO of Goliath Ventures, pleaded guilty in a $400 million cryptocurrency Ponzi scheme that operated from 2023 to 2026. According to the report, Delgado allegedly misappropriated investor funds for personal use including luxury properties and vehicles while operating the fraudulent scheme.
Cantor Says Bitcoin Bear Market Nearing Final Stretch
Investment bank Cantor Fitzgerald predicted in a research note that bitcoin's cycle indicators suggest a market bottom could arrive in the coming months. The bank advised investors to concentrate on blockchain networks demonstrating sustainable value accumulation rather than speculative positioning.
Cosmos Resumes After Outage, Ledger ATOM Access Still Blocked
The Cosmos blockchain resumed operation following an outage, but Ledger wallet users remain unable to view balances, transaction history, or send ATOM tokens through the app. Ledger has directed users to alternative wallets Cosmostation and Keplr for urgent access to their holdings.
Jefferies warns Circle faces USDC headwinds from Open USD
Jefferies issued a warning against buying Circle stock, citing competitive pressure from Open USD, a stablecoin backed by Stripe and Coinbase. The investment bank expressed concern that the new consortium could constrain growth of Circle's USDC stablecoin, which currently dominates the market after USDT.
Hashcats Minting Slowdown Threatens HASH Token Deflationary Model
Minting activity for Hashcats has slowed, reducing the buyback support mechanism for the HASH token. The decline threatens the sustainability of the token's deflationary model and raises questions about its long-term viability.
Robinhood Launches Public Blockchain, Expanding Crypto Offerings
Robinhood has rolled out a public blockchain as part of its broader expansion into cryptocurrency products and services. The move represents the trading platform's continued integration of digital assets with traditional finance infrastructure.
Securitize Exec Pitches Tokenization as DeFi Alternative to Wall Street Stock Lending
Securitize President Brett Redfearn argued that tokenization and decentralized finance could disintermediate stock lending, traditionally controlled by major financial institutions. The comments come ahead of Securitize's planned NYSE listing, positioning tokenization as a way to democratize access for retail investors.
Malicious bots probe exposed Bitcoin payment servers for admin keys
Malicious bots are actively scanning exposed Bitcoin payment server APIs to extract master administrative keys, according to CryptoSlate. The vulnerability is limited to manually exposed APIs, and version 2.4.4 of the affected software closes the standard public path to mitigate the risk.
Analysts Say Circle Stock Sell-Off 'Looks Overdone' Amid USD Launch
Circle's stock (CRCL) fell sharply on Tuesday following news of a competing stablecoin launch, but analysts contend the sell-off appears disproportionate to the actual threat. Circle's CEO addressed concerns about the new USD stablecoin competitor, suggesting the market reaction may have overestimated the competitive risk.
BitMine, Sharplink, Lubin Launch Ethereum Institutional Nonprofit
BitMine, Sharplink, and Joe Lubin have launched Ethereum Institutional, a nonprofit aimed at connecting financial institutions with Ethereum on-chain infrastructure. The organization positions itself as a point of contact for Wall Street firms seeking deeper involvement in the blockchain ecosystem.
American Bitcoin Hits New Low Before 1-for-15 Reverse Stock Split
American Bitcoin, a Trump-backed mining firm, fell to a new low price on Wednesday, one day ahead of executing a 1-for-15 reverse stock split. The stock split consolidation typically signals distress when preceded by prolonged declines.
77 State Banking Groups Push to Ban Balance-Based Stablecoin Rewards
State banking associations are seeking amendments to the CLARITY Act that would prohibit balance-based stablecoin rewards, reflecting a push by traditional banks to restrict stablecoin issuers' competitive advantages. The legislative effort underscores mounting tensions between traditional financial institutions and the stablecoin sector over regulatory treatment.
Schumer convenes Sunday caucus ahead of critical crypto bill Senate vote
Senate Majority Leader Chuck Schumer called a Democratic caucus for Sunday to discuss strategy on a pending crypto bill before a critical Senate vote. The outcome could affect financial regulation and market competition in the crypto sector, with potential implications for innovation.
Bitwise: 67% of wealth managers lack crypto allocation
Bitwise research found that 67% of wealth managers do not allocate to cryptocurrency, potentially undermining their competitive position as client demand and market interest in digital assets increase. The finding suggests a growing gap between institutional investor appetite for crypto exposure and wealth manager adoption of digital-asset strategies.
DeFi Protocols Lost $885M to Attacks Outside Audit Scope
A preprint study affiliated with ack3 found that audited DeFi protocols suffered $885 million in losses from attacks occurring outside the scope of their security audits, representing 72.1% of incidents after excluding two H1 2026 outliers. The research highlights a gap between audit coverage and actual protocol vulnerabilities, with August incidents providing recent operational examples.
Standard Chartered Executes First Live Digital Asset Prime Brokerage Trades
Standard Chartered and LMAX Group completed their first live digital asset prime brokerage trades, with the bank using its own balance sheet to intermediate institutional Bitcoin trades. The execution marks a step forward in bank-backed infrastructure for crypto market participants.
Bitcoin Treasury Firms Shift to Preferred Stock for Financing
Bitcoin-backed preferred shares have expanded into a roughly $13 billion market as a financing tool for treasury firms, according to a report cited by Bitcoin Magazine. Strategy and emerging players like Strive are leading the trend by offering high-yield instruments, signaling a shift in how bitcoin-holding companies access capital.
Long-Dormant Bitcoin Whale Moves 1,260 BTC After 10+ Years
A Bitcoin wallet inactive for over a decade transferred 1,260 BTC, representing a 12,000% gain since acquisition. The movement signals renewed activity among long-term holders and may indicate potential selling pressure or portfolio rebalancing by early Bitcoin investors.
Senator McCormick Pushes Senate Vote on CLARITY Act
Senator McCormick urged the Senate to vote on the CLARITY Act on Tuesday, according to Crypto Briefing. The act could reshape digital asset regulation and provide regulatory clarity for crypto markets nationwide. The timing and outcome of the vote could significantly influence regulatory policy direction.
Bridge Hack Recovers 15 BTC; LPs Face Losses as Pause Continues
A bridge hack resulted in the minting of trillions in counterfeit Bitcoin, with recovery efforts yielding 15 BTC despite a 20% bounty window closing September 13. The native bridge remains paused while final accounting proceeds, leaving liquidity providers without compensation for their losses.
Bloomberg Strategist Warns Bitcoin May Drop to $10,000
A Bloomberg strategist has issued a warning that Bitcoin could fall to $10,000, citing three sell signals and noting that Bitcoin is increasingly moving in tandem with high-risk equity markets rather than acting as an independent safe-haven asset. The analyst suggests Bitcoin's correlation with risky stock-market behavior undermines its "digital gold" narrative.
House Republicans May Drop Crypto Tax Provisions From Legislation
House Ways and Means Committee Republicans are considering removing cryptocurrency tax provisions from pending legislation, according to Crypto Briefing. The potential change could alter how digital asset gains and transactions are taxed, affecting investor compliance and regulatory strategy going forward.
DOJ Seizes Xinbi Scam Marketplace, Restrains $52M in Crypto
The U.S. Department of Justice moved against Xinbi, a transnational criminal organization designated by Treasury, seizing its scam marketplace and restraining $52 million in cryptocurrency holdings. The action represents a coordinated law-enforcement strike targeting the platform's illicit operations.
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