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Hunter Biden's LAPTOP token left nearly 80% of traders underwater within hours after he pitched it as an answer to memecoin grift. Bubblemaps found that 12,151 of 15,206 traders lost money. The token peaked about two minutes after trading began before falling more than 95% over the following half hour.

Trezor warned users Wednesday that hackers breached its third-party email provider and used it to distribute a phishing email. Trezor took down the domain used in the attack and is investigating how hackers accessed its legitimate domain. Casa CEO Nick Neuman said the campaign may extend to BitBox users.

Altcoin perpetual futures open interest exceeded Bitcoin's on September 6, the first such flip since December 2024. Michael Bucella said Bitcoin's rally is driven by spot demand rather than altcoin leverage. Zcash's derivatives open interest reached an all-time high near $2.4 billion during its rally.

OpenAI said an internal model solved the Navier-Stokes problem in 88 hours. The model coordinated roughly 10,000 AI agents and produced a result that still requires broader scrutiny. Former researcher Jacob Coxon warned that people building AI believe it could kill everyone by the end of the decade. Senators Bernie Sanders and Bernie Sanders?

Robinhood CEO Vlad Tenev defended the company’s tokenized stock products in his first televised comments since AMC chief Adam Aron objected to them. Aron accused Robinhood of issuing unregistered tokens tied to AMC stock in violation of U.S. securities law. Aron threatened to involve outside counsel and the SEC.

Bitcoin, Ethereum, XRP and Dogecoin traded flat as traders prepared for key macro events. Coinglass data showed that 79,941 traders were liquidated for $221.57 million in the past 24 hours. SoSoValue data showed net outflows of $46.7 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs recorded net outflows of $24.3 million.

Trezor said attackers breached its third-party email provider and sent customers a phishing email disguised as a critical chip security alert. The incident was the company's third vendor failure in four weeks. Trezor said it took down the campaign's domain and was investigating how attackers reached its legitimate domain. Wallets, keys and recovery backups were reportedly not exposed.

U.S. Treasury Secretary Scott Bessent urged the Senate to advance the Clarity Act. The Senate will vote on the crypto market structure bill next week after an August vote was delayed. Bessent said failing to advance the bill would signal that the United States is unwilling to lead on digital assets.

Arthur Hayes says Bitcoin could be the biggest beneficiary of renewed government intervention in bond markets. Hayes expects persistent bond-market pressure to force policymakers to expand liquidity. He expects Bitcoin to consolidate after rebounding from $63,000 to above $80,000. Hayes sees a possible retest of $70,000 before Bitcoin moves higher.

President Donald Trump said oil prices will not fall until right after the November midterm elections. Trump tied relief at the pump to an Iran war he expects Tehran to abandon once Americans vote. Brent crude climbed 3.78% to $103 on Wednesday. No Iranian official has offered the timetable Trump described.

Steve Witkoff earned nearly $107 million last year from a holding company affiliated with World Liberty Financial, according to financial disclosures obtained by a government watchdog. World Liberty Financial said in May 2025 that Witkoff was divesting himself from the firm. White House spokesperson Anna Kelly said Witkoff has now fully divested from World Liberty Financial. Trump reported earning $526 million from World Liberty cryptocurrency token sales and another $65 million from equity sales in its holding company.

Block has applied to the Office of the Comptroller of the Currency for a U.S. banking charter. The application would establish Builders Bank & Trust, N.A. If approved, the bank would operate under OCC supervision and provide custody and related fiduciary services for bitcoin and stablecoins. Block joins other digital asset firms seeking or receiving conditional approval from the regulator.

DoubleZero added real-time data from Kalshi’s election and politics markets to DoubleZero Edge. The expansion gives institutional and automated traders access to the data ahead of the US midterm elections in November. Betting on the 2026 US midterms reached $133 million as of Aug. 10, according to the Anti-Corruption Data Collective. That surpassed the $92.4 million wagered during the entire 2024 congressional election cycle.

Ripple Chief Legal Officer Stuart Alderoty urged undecided and opposed Senate offices to meet an ordinary American crypto holder before voting on the Clarity Act. Alderoty argued that Congress should hear from 67 million Americans affected by the outcome. Scott Melker said on X that Senate Republicans consider the bill likely to fail when the Senate returns next week.

The author argues that tokenized stock products can provide exposure to shares without giving buyers shareholder rights. The London Stock Exchange is exploring blockchain-based shares that preserve those rights. It separately plans to list xStocks on its LSE 24 venue in 2027, subject to approval.