Blockstream refuses ransom for stolen Liquid Network funds
Summary: Blockstream stated it will not pay a ransom to recover approximately 598 Bitcoin still held by hackers who withdrew assets from the Liquid Network sidechain.
Latest News
Bitwise to liquidate Dogecoin ETF less than a year after launch
Summary: Bitwise will close its Dogecoin ETF, BWOW, in October due to low assets and product optimization, ending trading on NYSE Arca by Oct. 14.
Chinese robotics startup JoyIn accuses OpenAI of model distillation
Summary: JoyIn CEO Guo Renjie claims OpenAI directly distilled its AI framework and design, announcing a lawsuit amid broader US-China tech tensions.
SEC, NYSE, NASD Outline Y2K Readiness for Securities Industry
Summary: Regulators and industry groups confirmed that securities systems are Year 2000 compliant to ensure uninterrupted market operations.
SEC Chairman Levitt to Host Investor Town Meeting in Des Moines
Summary: SEC Chairman Arthur Levitt and Iowa officials will hold a free investor education event in Des Moines on November 21, expected to draw more than 800 attendees.
Apple’s iPhone Duo Faces Price Scrutiny in China Foldable Market
Summary: Apple’s first folding phone, priced at 15,999 yuan in China, encounters consumer hesitation amid intense competition from domestic rivals offering lower-cost alternatives.
Senate GOP Releases Revised Clarity Act Ahead of Sept 15 Vote
Summary: Senate Republicans released a revised Clarity Act requiring non-decentralized crypto protocols to register with the CFTC ahead of a procedural vote.
Trezor reports Brevo breach exposing 347,000 customers to phishing
Summary: Hardware wallet maker Trezor disclosed that an unauthorized actor accessed its third-party email provider Brevo, sending malicious phishing emails to 347,000 customers.
AI Agents Cut Quantum Attack Cost on Bitcoin by 86%
Summary: Researchers using AI agents reduced a quantum attack resource benchmark for Bitcoin and Ethereum cryptography by 86% through the ECDSA.Fail competition.
ESMA warns crypto ties could amplify risks to traditional finance
Summary: The European Securities and Markets Authority warned that growing links between crypto markets and traditional finance, particularly through tokenized equities and prediction markets, could increase systemic risk.
Updated Crypto Clarity Act Draft Circulates Ahead of Senate Vote
Summary: Senate Republicans circulated an updated draft of the Crypto Clarity Act featuring new DeFi registration rules and credit union provisions, setting the stage for a floor vote on September 15.
US agencies raise asset cap for 18-month bank exam cycle
Summary: Federal regulators issued an interim final rule increasing the total asset threshold to $6 billion for community banks eligible for an extended 18-month on-site examination cycle.
BIS: AI Cuts Bank Vulnerability Fix Window to Minutes
Summary: A Bank for International Settlements paper warns that frontier AI has narrowed the window between vulnerability discovery and exploitation from weeks to minutes.
Coinbase Rebrands Base App to Wallet for Multichain Trading
Summary: Coinbase is rebranding its Base App back to Coinbase Wallet on September 8, shifting focus from social features to multichain trading across networks like Solana and Hyperliquid.
UK House of Lords mandates digital asset strategy, defying Labour
Summary: The UK House of Lords voted 194–138 to require a government digital asset strategy within 12 months, overriding the Labour government's opposition during the Financial Services and Markets Bill review.
AI Bots Cloning Tech CEOs Debate AGI Risks and Sign Joint Statement
Summary: Kun Chen used Grok Bot templates to create AI personas of Altman, Musk, Amodei, and Zuckerberg, who debated AGI risks before signing a joint statement on safety.
MoneyGram launches Visa stablecoin card in Colombia
Summary: MoneyGram introduced a Visa-branded stablecoin debit card in Colombia, partnering with Rain to expand blockchain-based remittance services following Western Union's similar launch.
Liquid Network resumes block production after $320M exploit
Summary: Liquid Network resumed block production without transactions following a $320 million Bitcoin withdrawal, while peg operations remain suspended during recovery.
Coinbase CEO Armstrong: Bitcoin Bottom In, Clarity Act to Pass
Summary: Coinbase CEO Brian Armstrong stated on CNBC that bitcoin’s bottom is in and predicted the Clarity Act will pass next week.
Nasdaq Invests $100M in Kraken Parent Payward to Build Tokenization Infrastructure
Summary: Nasdaq is investing $100 million in Payward, the parent company of crypto exchange Kraken, to help build infrastructure for tokenized stocks.