Strive bought 469 BTC between Sept. 8 and Sept. 11 for $36.6 million at an average price of $77,954, bringing its total Bitcoin holdings to 25,000 BTC worth about $1.95 billion. The purchase was funded entirely through its SATA preferred stock, and the company said its amplification ratio rose to 53.5%.
Chainflip said an attacker exploited its TRON USDT integration’s handling of transaction memos, leading to six unauthorized payouts totaling 736,442.17 USDT over about 90 minutes. The protocol paused operations, fixed the issue, and said affected users will be made whole. One additional swap worth 115,654.41 USDT remains unpaid but secure in the vault until the network restarts, expected no earlier than Monday.
North Korea is reportedly using remote workers from third countries such as Iran and Lebanon to help pass job interviews, infiltrate US companies, and earn income to support its weapons programs. The effort is tied to insider threats, data exfiltration, sensitive information theft, and crypto theft, with some workers allegedly recruited on LinkedIn and paid in cryptocurrency as interview proxies.
Daniele Sesta said he deployed Equilibra, a custom automated market maker with adaptive fees, concentrated depth, and optional auto-repeg, on Robinhood Chain and linked it to HeyAnon’s ANON token. The announcement sent ANON up more than 220% in 24 hours to $0.6967, while the article also mentions Robinhood Chain’s broader DeFi rollout and ANON trading across multiple chains and exchanges.
Bitcoin Red Team says it warned Blockstream about the vulnerability later used in the Liquid exploit, while Blockstream disputes ignoring the warnings and blames a flawed AI-related bug fix. Liquid has restored transaction processing, but peg-outs remain disabled and nearly 600 BTC are still missing.
Sam Bankman-Fried has petitioned the U.S. Supreme Court to review his seven-count fraud conviction, 25-year prison sentence, and roughly $11 billion forfeiture order after the Second Circuit upheld the judgment. His appeal argues the trial court wrongly admitted evidence of customer losses, limited defense evidence about FTX assets and possible repayment, and imposed an excessive fine through the forfeiture order.
Brevo said an authorization failure in its login system let an attacker access 138 client accounts and send phishing emails. The fraudulent messages reached large crypto-related mailing lists, including about 347,000 Trezor newsletter subscribers, and also affected BitBox and CoinTracking. The companies said only limited subscriber data was stored with Brevo, and Brevo said the access should have been confined to one organization but spread across others because of the boundary failure.
Bitcoin’s outlook improved after September spot ETF inflows, stronger altcoin performance, and a PPI reading that kept attention on Friday’s CPI release. A 21Shares strategist said the setup could support BTC moving back above $80,000 and potentially toward $100,000 in a strong fourth quarter if inflation data and risk appetite remain favorable.
XRP Healthcare is ceasing operations and coordinating delistings of its XRPH and XRPHAI tokens after a prolonged bear market, an unsuccessful public listing attempt, and a wallet exploit that drained 4,011 wallets and about $452,000. Later analysis said flawed application code generated weak seed phrases and transmitted seed phrases over the network, while former Ripple developers called the collapse foreseeable.
US authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor network. The Justice Department seized wallets and Telegram channels used by the marketplace, and the Treasury sanctioned Xinbi, SafeW Technology, and Anwen Technology for supporting scam and money-laundering operations across Southeast Asia. Officials said Xinbi has processed more than $24 billion since around 2022, and Tether assisted in the investigation.
Visa’s stablecoin settlement volume has reached a $20 billion annualized run rate, supported by more than 160 live stablecoin-linked card programs and nearly 200% year-over-year payment growth. The article says rapid expansion is straining issuer and lender working capital, and notes Visa and Credit Coop are using an onchain stablecoin-denominated revolving credit facility that has financed over $2.5 billion in volume, cut borrowing costs by up to 30%, and had zero defaults.
Zcash has rallied to around $1,220 amid accelerating institutional interest and strong demand for Grayscale’s ZEC ETF, which has exceeded $500 million in assets under management. The move follows a technical breakout above long-term resistance, with traders watching $1,435 and $1,500 as upside levels while rising open interest increases liquidation risk.
Blockstream is in a dispute with self-described white hats behind the Liquid Network exploit. The group demanded a 10% bug bounty, kept 598.5 BTC, previously returned 3,400 BTC, and warned it may cause further losses or publish the private key if unpaid.
BitMart appointed Alvarez & Marsal to review its finances, stakeholder claims and withdrawal arrangements after suspending trading. The exchange said it will launch a user feedback portal within five business days and release a broader action plan within three weeks, but it has not provided audited asset figures, recovery estimates, or a firm withdrawal timetable.
Cronos’ post-mortem says manipulated collateral values triggered about $120.4 million in borrowing activity during the Tectonic exploit. After the rollback, about $111.2 million was reversed, but $9.19 million left Cronos before validators halted the chain. Tectonic detected the activity at 12:49 UTC on Aug. 30, and block production resumed at 23:49:01 UTC after balances were restored.