Bad news hits, but coins rise: the most awkward part of this wave is the analysts—while the ones doing the lifting are the busiest
In our trading group, three days ago it was still called “Full Exit and Quit the Circle Group.” Today it was changed to “Let’s go!” The one who changed the name was a guy who, last week, posted a hardware wallet on Xianyu. He hadn’t even managed to sell it yet when the market turned first. He immediately took the listing down overnight and told the buyer it was a collectible and wouldn’t be sold. The buyer replied with three words: “I get you.” In this round of market action, a lot of things got carried out. The first person carried out was the one whose understanding of the market was put to the test. First, let’s see what happened: last week had two things—both, according to the script, should have sent the coins crashing lower. First, in the east—there was a bill out of the west that would lay down rules for the crypto circle; the vote didn’t pass, missing by only a few votes. Second, they announced a rate hike, the first one in more than three years. In textbook terms, risk assets dropped to their knees on the spot.
Sovereign Cloud Goes Live: The First Nation Appears
On September 20, the DFINITY Foundation held an X Space online event themed “Internet Computer for Nations.” It lasted about an hour, with around 2,000 people online at the same time.
The guest lineup covered all the key roles in this space: Dr. Sohail Munir, Chairman of Pakistan’s National Digital Management Agency; Ali Theyab Al-Zuhairi, Head of Digital Economy at the United Nations Development Programme (UNDP); Pierre Samaties, Chief Business Officer of the DFINITY Foundation; and Matt Grogan, Co-founder of OpenChat.
The core breakthrough in one sentence: Pakistan has become the first country in the world to run a Sovereign Cloud Engine. Data remains entirely in local data centers, and government applications are built and deployed directly on this proprietary infrastructure via Caffeine.ai.
What’s already up and running is a nationwide public opinion complaint platform built with Caffeine, which is now expanding to more government departments.
Another highlight is the sovereign messaging app: built by the OpenChat team, iOS and Android test versions are already live. Chairman Munir uses it every day. Technically, a single container can support million-level users. In the next phase, plans include a full suite of national services such as digital identity (PakID), payments, super apps, and more—gradually shifting toward delivering public services through chat and AI agents.
The bigger picture is the UNDP–DFINITY collaboration—exporting this sovereign digital technology to more countries and organizations. Pakistan’s experience will be open-sourced and shared, and UNDP’s engine is already under testing.
With a first national-level example, the key data and applications of a country are now running on infrastructure that is fully sovereign. If you missed the live stream, you can replay the audio recording on X.
Liquidium vs Ledn: Bitcoin Collateral Loans Comparison (2026)
Liquidium offers wallet-based Bitcoin collateral loans with a floating interest rate, flexible repayment options, and no fixed maturity date. Ledn offers fiat or stablecoin loans with a fixed interest rate, centralized custody, identity verification, and a standard term of 12 months. Liquidium is suited for borrowers who prioritize on-chain flexibility first; Ledn is suited for those who want bank-style payments and a more traditional lending experience. Both Liquidium and Ledn allow users to borrow without selling Bitcoin in advance. Liquidium provides stablecoin lending through an on-chain lending pool, with a floating interest rate and no fixed maturity date. Ledn offers a centralized lending service that supports fiat or stablecoin repayments, with a standard term of 12 months.
Wu Shuo learned that Slow Mist’s Chief Information Security Officer, 23pds, issued a security alert urging iOS users to upgrade their systems as soon as possible. He noted that black-and-gray industries have already achieved end-to-end exploitation, stealing private keys and mnemonic phrases from iOS devices.
The full attack chain includes: using social engineering or watering-hole attacks to lure users into visiting malicious web pages in Safari; exploiting WebKit/JavaScriptCore (JSC) memory corruption to obtain read/write permissions at the JS layer; then bypassing Pointer Authentication Codes (PAC) defenses to gain native calling capabilities; escaping the WebContent sandbox and escalating privileges to obtain root access; thereby stealing Keychain (keychain) data and encrypted wallet app data.
The attack stems from the previously leaked “DarkSword” iOS end-to-end exploit toolkit. Since the materials have been leaked, it has been reused by black-and-gray industries, posing a serious threat to the security of self-custody mobile wallets.
0xFrancis (@xiao_zcloak):
ICP should be the only public chain in the entire Web3 industry that is completely immune to this type of attack. The immutable front end in smart contracts and the Passkey wallet play a big role.
Also, with Near’s recent surge driven by privacy narratives and “chain signatures,” multi-chain assets have exploded in value—yet only a few people know that this is a small trick ICP has been producing and implementing years ago.
So the technology is just too advanced—it’s really not useful…
Memoir of DFINITY Foundation founder Dominic Williams: A tale of early, painful experience
The reason I so deeply understand the true importance of implementing fully decentralized computation is that there’s a rather special experience behind it—one that’s worth telling. So please, let me take you through it slowly. As early as 2015, I was already involved in the early days of the cryptocurrency space, but I continued to run my previously founded “Fight My Monster”—a venture-backed MMO (massively multiplayer online) game and social networking platform with 3 million users that is financially self-sustaining. Although I’ve found a long-term career home in the field of decentralized computing, I can’t fail to live up to the player community that has continued to support this game.
Essay Customization Workshop · September 15, 2026 The crypto market has been lively again these past few days. Bitcoin back above 78,000; altcoins start acting up, memes begin pumping again, and people in the group start sharing screenshots. You know what’s in the screenshots: an upward-curving line paired with “I told you so.” But if you look closely, you’ll notice a pattern—the people posting screenshots never screenshot their total assets. First, let’s address the most unflattering thing about this latest rally. It’s not that “many people want to buy” drove it higher—it's that “some people have no choice but to buy.” What the on-chain post-analyses call it is short-squeeze: those who bet on the drop get forced to close their positions, and closing means buying back—so the price goes up.
Three years on, and I’m still that same community that gives you an 85% discount “smuggling in” to the top blockchain scene!
Hey handsome and beautiful Web3 people, the big-shot masters of “dual training” in AI and blockchain, and those wealthy folks who are still watching from the sidelines but are itching to get in—: Attention! Attention! This is not a drill! The - 2026 Shanghai International Week of Blockchain · The 12th Blockchain Global Summit, scheduled as reliably as your birthday (even more dependable than your idol’s concert), will make a glorious return this golden autumn September (specifically on the 23rd)! Why do I say “again”? Because, as your long-time “sweetheart” — the IC Chinese Community — this is already our third year in a row clinging onto the mighty support of the Wanxiang Blockchain Lab, becoming an officially partnered community partner!