Trezor Encounters Another Security Incident: What Users Should Know
In short Trezor reveals a leak from an email service provider that resulted in users receiving phishing emails Fake alerts claiming STM32 entropy flaws and prompting recipients to click This is the third failure with the Trezor distributor within four weeks
Trump reveals a timeframe for oil prices to fall as Brent hits a May high
In brief Trump says oil prices will fall after the U.S. midterm elections in November Brent touches USD101.63, the highest since May, while Bitcoin remains steady near USD79,000 History suggests wars drive oil prices to fluctuate much more than elections
MicroStrategy says there is only one thing JPMorgan doesn't have
In brief The strategy states that 91% of the balance sheet is supported by permanent capital From the comparison, it is found that JPMorgan uses about 48% of customer deposits to fund its assets Critics point out that a strategy shifts the risk of deposits into volatility in Bitcoin and dividend obligations
Bitcoin chart signals: Has the bear market ended yet?
In brief Bitcoin signals a golden cross, which is a bullish signal that often occurs before a strong upward correction BTC is still below the 50-week moving average, so the overall trend has not yet confirmed a reversal Closing the week above the 50-week average will help traders feel more confident that the bear market is near its end
MetaMask splits from Consensys, but questions remain about the IPO and the token
In short Consensys separates the MetaMask business into an independent consumer company Joe Lubin serves as Chairman and CEO of MetaMask, while Mike Kriak takes on the role at Consensys Both companies have not announced an IPO date or confirmed anything about the MetaMask token, according to rumors Read the original story about MetaMask splitting off from Consensys, but there are still questions about the IPO and the token, by Lockridge Okoth at th.beincrypto.com
Brazil accelerates tokenization with a USD 2 billion lending plan
In short Brazil’s CVM sets up a working group to study tokenized securities and experimental regulatory frameworks Liqi and XDC Network adjust their target for issuing tokenized assets from USD 500 million to USD 2 billion by 2028 Tokenized credit is becoming more popular in Brazil, as banks and regulated issuers increasingly bring real assets onto the blockchain
The XRP ETF continues to draw capital from Wall Street even as Bitcoin and Ethereum fall
In short Only the XRP and Hedera funds in the United States received inflows from 12 crypto ETF groups Bitcoin, Ethereum, and Solana ETFs fell at the same time on July 9 The main funds from 4 groups lost a combined USD 84.6 million in that period Read the original story: The XRP ETF continues to draw capital from Wall Street even as Bitcoin and Ethereum fall, by Kamina Bashir at th.beincrypto.com
Hunter Biden’s LAPTOP coin creates a crypto billionaire and a bag holder of USD 200,000
In brief LAPTOP peaked at USD 199.51 two minutes after launch before dropping 99% One trader turned 100 ETH into USD 1.18 million on the downside A USD 48,000 liquidity pool priced the token at 144 billion USD Read the original story: Hunter Biden’s LAPTOP coin made a crypto billionaire and a bag holder of USD 200,000 by Lockridge Okoth at th.beincrypto.com
U.S. Banks Transfer USD on a Public Blockchain with a Closed Operating System
In brief U.S. banks transfer USD from North America to Europe via Stellar Banks still have the right to seize tokens and reclaim them Spinning a shared coin of 21 banks on Wall Street and issuing their own coin Read the original story: U.S. bank transfers USD on a public blockchain with a closed operating system, by Lockridge Okoth at th.beincrypto.com
Germany’s Bitcoin tax-free era may come to an end — an important date crypto investors need to know
In short Germany plans to impose a 25% tax on crypto gains for coins purchased after 2027 Products purchased before December 31, 2026 will still be eligible for tax exemption when held for one year. Short-term traders will pay less, while long-term holders will pay more.
Tokenized stocks have nearly 3 million holders, but trading volume has dropped by half
In brief The holders of tokenized assets were up to 3.67 million, the highest in September Shares account for 2.96 million of those holders, or about four-fifths The amount of tokenized stock transfers decreased by 51% within one month despite the number of holders increasing
A gaming network turned into a USD245 million crypto theft gang; the leader pleads guilty
In brief Malone Lam pleads guilty to a RICO conspiracy case behind the theft of cryptocurrency worth 245 million USD The team used deception and broke into a home; it wasn’t a wallet code in the theft The stolen money was used to buy a $3.8 million car, a private jet, and a rental home in the Hamptons
Peter Schiff’s confusing investment advice for copper and nickel
In brief Peter Schiff says nickel is better than the Treasury because the metal value is as high as 7.6 cents US law bans melting nickels; violations can result in a maximum fine of USD 10,000 and a five-year prison sentence Holding a position of nickels worth USD 10,000 has a weight of one ton, creating storage problems
Is Sam Altman serious about a room-temperature superconductor, or not? He says, “Let’s see.”
In short OpenAI CEO Sam Altman takes on the superconductor challenge by saying, “Alright, let’s see if it can be done.” This happened after OpenAI claimed its AI agent successfully solved a USD 1 million mathematics problem, but was disputed A satirical rumor says that Anthropic has quietly found a superconductor at room temperature
Your Nvidia deal may go through Fartcoin, according to Solana co-founder guidance
In brief Solana co-founder wants Jupiter to connect through Fartcoin to price Nvidia in the stock market Yakovenko said this option would set NBBO pricing for brokers in the United States Grayscale identifies Solana as ranking among the leading networks for token stocks in the United States
Japan’s Finance Minister Bessent dares traders to bet against a strong yen, insists he is the dealer
In brief Bessent says betting against the yen is betting against the depth of knowledge of Japan’s central bank Those who believe him are betting that the USD versus yen will be below ¥150, with options tracking at ¥140. Japan’s central bank may raise interest rates by 0.25 percentage points on Sept 18, according to a news source.
Anthropic researcher resigns and warns that many AI labs are worried they may cause life-threatening harm
In short Anthropic researcher Jacob Coxon resigns, accusing both laboratories of acting irresponsibly Coxon claims that AI developers are secretly worried that this technology could take everyone’s lives He called for temporarily halting the development of model capabilities