Arthur Hayes Says Bessent Is Repeating Yellen’s Mistakes
Arthur Hayes says Scott Bessent is becoming Janet Yellen through Treasury liquidity. Arthur Hayes mentioned “Same Same But Different” with a night at Pacha. Scott, his “Buffalo Bill,” runs into Yellen. Yellen mocks him because his buyback increase calmed yields for only one session. Arthur Hayes noted that Scott sounded different from Yellen, yet both reach for liquidity when Washington keeps spending, and Treasury yields push higher. Arthur wrote: “I saw that. Don’t let the haters get you down. The crypto community is with you. You had no choice; we love you. Keep it up! Don’t stop printing money because if the markets go down, there will be no free shit for all the rich people and everyone else in America who believes that if they believe hard enough in capitalism, they will get rich too. If there isn’t any free shit, then AOC is going to raise our taxes, oy vey.” Arthur Hayes discusses the similarities Arthur Hayes noted that starting in late 2023, Yellen sold more Treasury bills and fewer longer bonds. Bills mature within one year, so money-market funds treat them like cash. Those funds could use the Fed’s Reverse Repo Program (RRP), which pays rates near the federal funds rate. Treasury bills had to offer more yield because congressional funding fights can delay repayment. The RRP held about $2.5 trillion. More bill supply pushed yields enough to pull money-market cash out of the Fed. By January 20, 2025, when Scott took office, $100 billion remained. Arthur Hayes counts the $2.4 trillion drop as liquidity released into markets. Bitcoin and the Nasdaq 100 rose, while the 10-year yield backed away from 5%. Arthur wrote: “If you don’t understand why Bitcoin and risk assets pumped even as the Fed held rates at the highest level since 2008 and simultaneously shrank its balance sheet, then you will miss the next bull market that just began. This is the reason academics coined the term Activist Treasury Issuance (ATI) to describe the sorcery Bad Gurl Yellen wielded.” The 5% level matters because 10-year Treasuries feed into mortgages, corporate bonds and consumer credit. Arthur says both secretaries want financing costs below that point. The issue for Scott is federal debt issuance, and for Treasury, it is cheap funding. Bills can easily be marketed due to the desire of investors to get short-term, dollar-denominated instruments. Cryptocurrencies are linked with this trend via the USDT issued by Tether and the USDC by Circle Internet Group (NYSE: CRCL). According to Arthur Hayes, the Federal Reserve can facilitate the demand through the reserves management program by making bank reserves as well as purchasing bills. He further states that the process is controlled by John Williams from the Federal Reserve of New York. Scott can sell off bills and then purchase back long-term securities using the proceeds. On August 19, Scott added $20 billion to planned long-end buybacks. Ten-year yields fell, and Bitcoin rallied for two days, but yields soon moved above their pre-announcement level. Arthur Hayes says $20 billion is tiny against roughly $40 trillion of federal debt. Scott also backed wider FIMA use, letting foreign holders, including Japan, borrow Fed-created dollars against Treasuries instead of selling them. “The best case for Bitcoin would be for Scott to announce a BOJ-style bond market manipulation where he informs the market he will conduct unlimited buy-backs of 10-year plus tenors if the yield is >5%. Initially, 10-year bonds would pump, and yields dump as the market showed Scott some fucking respect. But as with all uneconomical market manipulation schemes, the market will test Scott and see if he is ready to back up his words with a dollar bazooka,” Arthur Hayes said. Arthur Hayes believes that small-scale buybacks will take place unless the stress level rises to become severe, and uses the MOVE Index level above 130 as one of the indicators. The Treasury could also empty its Treasury General Account of around $1 trillion for buying purposes. Arthur Hayes expects Bitcoin to keep rising but also sees violent pullbacks. He says non-full-time traders should avoid leverage and hold their crypto exposure while watching Scott’s liquidity moves. The post Arthur Hayes says Bessent is repeating Yellen’s mistakes first appeared on Coinfea.
XRP Spot ETF Saw Inflows Exceeding $1.56 Billion, With Prices Surging 70%. How Can Holders Earn $...
US spot XRP ETF have recently seen a significant resurgence, with cumulative net inflows surpassing $1.55 billion—a new all-time high. Meanwhile, the price of XRP has rebounded sharply after a mid-August correction that saw it dip below $1.00, climbing as high as $1.70 and reigniting market interest. Latest data shows that XRP spot ETF recorded net inflows of approximately $39.78 million last week, marking the best weekly performance since May. Notably, the single-day net inflow on August 21 reached $18.38 million, the highest level since May 14. This renewed capital flow indicates that institutional investor demand for XRP exposure is recovering. As ETF inflows continue and XRP prices rebound, concerns about potential price drops have led more investors to consider a practical question: beyond simply waiting for price appreciation, are there more diversified ways to capture long-term returns from digital assets? Against this backdrop, an increasing number of investors are turning to the EX DeFi cloud mining platform, seeking to explore additional revenue streams through cloud mining and yield aggregation mechanisms without having to sell their digital assets. XRP ETF Inflows Finally See a Significant Rebound Previously, XRP ETF inflows had been relatively sluggish; there were no inflows on seven of the first eleven trading days in August. However, capital began returning to the XRP spot ETF market on August 18, with a net inflow of $5.81 million recorded that day. Inflows subsequently accelerated. On August 20, XRP spot ETFs saw a single-day net inflow of approximately $13.24 million, rising further to $18.38 million on August 21, bringing the total weekly net inflow to $39.78 million. With the continued entry of new capital, the cumulative net inflow for XRP spot ETFs since their launch has risen to approximately $1.56 billion. This shift has largely coincided with the rebound in XRP’s price. After holding support near the $1.00 mark, XRP surged rapidly—rising by approximately 70% in just a few days to peak at $1.70—before pulling back to around $1.50 due to profit-taking. This trend highlights the return of ETF capital as a key factor in the recent XRP market. What signals do the continued inflows into XRP ETFs send? Recent capital flow data indicates a significant improvement in demand for XRP ETFs. Last week, nearly $40 million in new capital flowed into spot XRP ETFs, marking the strongest weekly performance since May. Concurrently, XRP’s price, spot trading volume, and market participation have all rebounded, signaling renewed market interest in the asset. For long-term investors, sustained ETF inflows signify that XRP is attracting a more diversified capital base. Should institutional demand for allocation continue to rise alongside further improvements in the regulatory environment, market interest in XRP could increase even further. However, given the substantial short-term gains and the formation of a clear resistance zone between $1.65 and $1.70, the asset’s ability to break through this level remains a key point to watch. EX DeFi Cloud Mining Platform: An Optimal Choice for Investors Amidst XRP’s rapid price rebound and the resurgence of ETF inflows, some investors are reconsidering how to utilize their digital assets for the long term. EX DeFi has launched a sustainable energy-based cloud mining service, offering users a way to participate without the need to purchase specialized mining hardware. Users can select computing power contracts tailored to their needs, while the platform handles management, daily operations, and earnings settlements. Compared to traditional mining, cloud mining reduces the burden on users regarding hardware procurement, electricity consumption, equipment maintenance, and day-to-day operations. For users who hold XRP long-term and wish to explore additional avenues for generating returns from digital assets, this model offers a compelling alternative for participating in the digital asset ecosystem. About EX DeFi Headquartered in the UK, EX DeFi operates in compliance with European regulatory frameworks—such as MiCA and MiFID II—and is committed to continuously enhancing platform transparency, operational standards, and user protection mechanisms. The platform employs a multi-layered security architecture, featuring: Annual financial and security compliance audits by PwC; Digital asset custody insurance from Lloyd’s of London; Cloudflare enterprise-grade network protection and McAfee® security systems; Multi-layer encryption, AI-driven risk management, and 2FA authentication. EX DeFi currently supports a wide range of mainstream digital assets—including XRP, BTC, ETH, USDT, USDC, DOGE, LTC, and SOL—offering users flexible service options. Affiliate Program Users can earn referral rewards by inviting friends to join the platform, with potential rewards reaching up to $50,000. Participate in cloud mining in just 4 steps: 1. Register an account Sign up on the EX DeFi platform using your email address; new users receive a $17 trial bonus. 2. Deposit digital assets Deposit XRP or other supported digital assets into your account (minimum deposit: $100). 3. Select a mining package Choose a cloud mining plan that suits your budget and preferred contract duration. 4. Start earning returns Once the contract is activated, the system automatically allocates computing power and settles earnings. Users can choose to withdraw their earnings or continue participating based on their needs. Popular High-Yield Contract Plans BTC (Beginner Trial Contract): Investment $100, Duration: 2 days, Daily Return: $4, Total Profit: $100 + $8 DOGE (Goldshell Mini-Doge Pro): Investment $500, Duration: 6 days, Daily Return: $6.5, Total Profit: $500 + $39 BTC (Canaan-Avalon-A1466): Investment $1,000, Duration: 10 days, Daily Return: $13.4, Total Profit: $1,000 + $134 LTC (Bitmain Antminer L7): Investment $5,000, Duration: 20 days, Daily Return: $73.5, Total Profit: $5,000 + $1,470 Click here to visit the official EX DeFi website and view contract details. Summary Cumulative net inflows into XRP spot ETFs have surpassed $1.56 billion. Notably, last week saw net inflows of $39.78 million—the best weekly performance since May—indicating renewed institutional interest in XRP. As the price of XRP rebounds rapidly from around $1.00 to approximately $1.50, investors are looking beyond mere price appreciation and exploring diversified yield-generating models for digital assets, such as cloud mining. For investors bullish on XRP in the long term, generating stable passive income via the EX DeFi cloud mining platform represents a compelling opportunity worth serious consideration. For more details, please visit: https://exdefi.com/ Official Email: info@exdefi.com The post XRP spot ETF saw inflows exceeding $1.56 billion, with prices surging 70%. How can holders earn $5,500 per day? first appeared on Coinfea.
Digital Sovereignty Alliance Concludes Digital Asset Case Study Course At St. Andrew’s Episcopal ...
Washington, D.C., August 24, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education surrounding emerging technologies, today announced the completion of its inaugural Digital Asset Case Study Course at St. Andrew’s Episcopal School. Developed by DSA in collaboration with Professor Charles C.Y. Wang, Tandon Family Professor of Business Administration at Harvard Business School, and Giveback Backpack, the four-session program introduced high school students to real-world questions at the intersection of technology, markets, governance, and public policy. The program concluded on Saturday, August 22, with a case study class on Axie Infinity and Sky Mavis co-founder Jeff Zirlin. Students examined the company’s business model and evolution while considering broader questions surrounding digital ownership, community-driven economies, leadership, and the challenges confronting businesses operating at the frontier of Web3. Professor Wang, a leading scholar in accounting, digital assets, and capital markets, brought the case method into the high school classroom, giving students an opportunity to examine complex decisions through discussion, analysis, and debate. Rather than delivering traditional lectures, he challenged students to take positions, defend their reasoning, question one another’s assumptions, and work through the ambiguity inherent in real business decisions. The four-session program explored digital assets, capital markets, trust, leadership, and the future of business in a Web3 world. Students examined cases involving Alibaba, Coinbase, and Wells Fargo, gaining exposure to different questions surrounding technology, finance, governance, leadership, and emerging business models. Over the course of the program, students progressed from analyzing individual companies to considering broader questions about how technology can reshape markets, institutions, and business models. The case-based format gave students the opportunity to approach these questions not simply as observers, but as active participants in the discussion. “Students learn best when they have the chance to apply ideas to the real world,” said Adrian Wall, Managing Director of DSA. “This program gave students the opportunity to move beyond learning about digital assets in the abstract. That is the lasting value of this program: equipping the next generation to engage critically and confidently with technologies that will increasingly influence business, public policy, and society.” With the completion of the four-session program, DSA introduced students to a practical framework for thinking about some of the defining business and technology questions of the digital economy. The initiative is part of DSA’s broader educational mission to equip young people with the critical-thinking skills needed to understand emerging technologies and engage thoughtfully with the opportunities and challenges they present. About Digital Sovereignty Alliance The Digital Sovereignty Alliance (DSA) is a nonprofit social welfare organization committed to advocating for public policies that support ethical innovation in decentralized technologies, blockchain, cryptocurrency, Web3, and artificial intelligence. DSA conducts research, organizes educational events, and promotes policies that prioritize public welfare and digital sovereignty. Media contact Maghan Lusk PR@dsaf.org The post Digital Sovereignty Alliance Concludes Digital Asset Case Study Course at St. Andrew’s Episcopal School first appeared on Coinfea.
Binance Blockchain Week Heads to Bangkok As Exchange Advances Financial Superapp Pitch
Binance Blockchain Week 2026 returns to Asia, landing in Bangkok at the Queen Sirikit National Convention Center on November 28 and 29. Co-CEOs Richard Teng and Yi He headline a roster that also includes Eowyn Chen, Catherine Chen, and APAC head SB Seker. Thailand’s growing receptiveness is a contributing factor for its choice as host, with digital assets added under the Derivatives Act and capital gains tax waived on licensed platform trades until the end of 2029. Binance has announced that its flagship event, Binance Blockchain Week 2026, is coming back to Asia, with all roads leading to Bankgok, Thailand. The organizers say that the event will be held between November 28 and 29 at the Queen Sirikit National Convention Center. Last year, the event was held in Dubai, United Arab Emirates, between December 4 and 5 and saw the debates between CZ and Bitcoin skeptic Peter Schiff go viral. Binance co-CEO Richard Teng, Brad Garlinghouse, the CEO of Ripple, and Michael Saylor of Strategy were among the speakers at the event, with Saylor making a case for Bitcoin in his speech. There were also conversations that touched on institutional adoption, the place of regulation and AI and crypto, which have been a recurring theme in 2026. Binance Blockchain Week has been held across various cities across Europe and Asia, with Istanbul, Paris, and Singapore hosting the event in the past. What is Binance doing in Bangkok, and who will be there? According to Binance, the event is the pinnacle of more than 1,500 events the company has run worldwide. The organizers are expecting thousands of builders, institutional investors, fintech leaders, and policymakers over the two days. The speakers confirmed so far include Teng, his co-CEO, Yi He, along with Eowyn Chen, Binance interim chief marketing officer. Other speakers on the roster are SB Seker, head of APAC, Binance; Catherine Chen, head of Binance VIP and Institutional; and Thomas Gregory, the company’s vice president of payments and fiat. Early bird tickets are on sale for $19. Why Thailand, and why this moment? Thailand put some laws in place to distinguish digital assets and put some restrictions in place; however, it is getting more receptive to digital assets based on recent developments. In February, the country’s cabinet approved a Finance Ministry proposal to expand the assets permitted under the Derivatives Act to include digital assets. Thailand’s Securities and Exchange Commission (SEC) said that change would strengthen recognition of crypto as an investment class. Some analysts believe that the reform could eventually allow futures, options, and other structured contracts tied to digital assets. Separate ETF rules tied to that framework are expected to take effect in the third quarter of the year. Blockchain analytics platform Elliptic described Thailand’s 2026 to 2028 strategic plan as placing digital assets at the center of its capital market strategy. This is eight years after the country’s original licensing decree created a supervised environment for exchanges and custodians. The Finance Ministry has also waived capital gains tax on digital assets traded through licensed platforms until the end of 2029. In the announcement, SB Seker said, “The most interesting thing happening in Asia isn’t just the scale of adoption, it’s that we’re seeing workable models for how crypto operates under clear regulation.” Seker added, “Different jurisdictions are moving at different speeds, testing different approaches, and BBW Bangkok 2026 provides a venue to examine what supports consumer protection, market integrity, and infrastructure that works at scale.” What does the EVOLVE theme reveal about where Binance is taking the business? The event’s agenda points to Bitcoin’s institutional footprint, stablecoins as payment rails, tokenized stocks, AI integration, and cross-border payments, among others, themes that track products Binance has already shipped this year. This also includes gold and silver options that were recently launched in July through its Abu Dhabi-regulated Nest Exchange. Exchanges reportedly processed $1.32 trillion in perpetual futures tied to traditional assets in the first five months of 2026, up from $104.21 billion for all of 2025, and Binance holds the largest share of that volume at 35.9%, according to CoinGecko data. “This event will showcase how Binance is evolving from a trading platform into a financial superapp connecting both worlds,” Teng said. Yi He added that the company’s next wave of adoption, which it calls Road to 3 Billion, depends on products that deliver utility in daily life, whether in cross-border payments, tokenized securities or digital portfolios. She added, “At BBW Bangkok 2026, we’ll examine the trends driving adoption and explore what the industry needs to do to make digital assets more accessible, trusted, and relevant to a broader audience—while delivering the sophistication institutional players demand.” The post Binance Blockchain Week heads to Bangkok as exchange advances financial superapp pitch first appeared on Coinfea.
Term Labs確認,通過Term Finance運營的多個借貸金庫遭受治理攻擊,約有850萬美元被抽走。 攻擊者僅憑價值幾美元的代幣就獲得了關鍵的治理影響力。金庫用戶尚未將其份額轉換。 Term Finance提供去中心化、固定利率的貸款,並以ETH作爲抵押。其開發者表示,固定且可預測的借貸成本,以及其來自前Citibank和摩根士丹利量化專業人士的經驗。 該公司表示,多個金庫受到了影響,儘管總體影響仍在評估中。早期證據表明,攻擊者遵循治理規則,而不是利用惡意代碼。
Arthur Hayes Rejects Fake FLOP Tokens As Official Airdrop Remains Months Away
Arthur Hayes said on August 22 that Flop Labs has not launched a token, presale, or memecoin, rejecting assets using the FLOP name. Any FLOP token trading now is not connected to the project. Hayes said he would announce the airdrop “in a few months.” The project remains a paper concept, with a “massive airdrop” scheduled for the fourth quarter of 2026. Network genesis is targeted for early 2027. Hayes returned to lead Flop Labs Hayes announced four days before the warning his return as Flop Labs’ chief executive. He described FLOP as “food for your AI agent,” presenting it as a currency for autonomous software. AI agents would use FLOP to purchase computing power, inference services, and memory storage. Miners would provide computing resources for AI tasks, earning block rewards and transaction fees. Validators would confirm that tasks were completed correctly and store memories for AI agents. Hayes has described FLOP as the missing payment system for the “agentic economy.” In June, he identified debt linked to data center construction as the AI risk. He estimated that $1.5 trillion had been borrowed for AI infrastructure since November 2022. Past trading activity draws scrutiny The warning about unauthorized FLOP tokens comes as Hayes faces questions about his trading record. In June, his family office, Maelstrom, was accused of transferring $1.92 million in CARDS tokens to a market maker shortly after he publicly promoted the project. On-chain investigator ZachXBT had documented Hayes closing positions in HYPE, NEAR, Zcash, and Worldcoin within two weeks of endorsing those tokens. Hayes answered the criticism by saying he “sold to a willing seller at a price.” Hayes has repeatedly promised a “100% fair” FLOP launch without a presale or venture capital allocation. However, Flop Labs has not published a whitepaper, tokenomics schedule, contract address, blockchain selection, test network, or verification materials supporting that commitment. Project documents remain unavailable The absence of public documentation has increased scrutiny of the fair-launch proposal, particularly because rewards are expected to flow toward key opinion leaders. The planned sequence is unusual because the airdrop is scheduled before the underlying network’s targeted launch. When questioned about the missing whitepaper, Hayes said the team was “still speaking with interested parties.” He added that informational graphics would begin appearing, starting with details about tokenomics. For now, Hayes has emphasized that no legitimate FLOP token is publicly available. Investors cannot verify the proposed asset through a contract, audit, whitepaper, or functioning network. The authentic airdrop remains planned for late 2026, while the network is expected to begin operating in early 2027. Separately, Maelstrom has announced plans to shut down by September. BitMEX plans to close its exchange on September 23, 2026. The post Arthur Hayes Rejects Fake FLOP Tokens as Official Airdrop Remains Months Away first appeared on Coinfea.
印度已命令谷歌關閉數百個在Firebase上的賬戶——這是這家科技巨頭的應用構建平臺——原因是多款假冒銀行應用和網絡釣魚網站被追溯到該服務。 印度的網絡犯罪協調中心(I4C)在8月向谷歌至少發送了三份通知,稱至少有57個網站和數據庫都在使用Firebase。這些通知聲稱,這些鏈接被用作傳播惡意軟件以及從受害者設備中竊取財務數據的工具。在這57個網站和數據庫中,有7個是網絡釣魚頁面,旨在高度仿冒印度主要銀行的登錄界面,包括印度國家銀行(State Bank of India)、ICICI銀行和Axis銀行。
韓國立法者提出了一項法案,擬允許金融情報單位(FIU)追查未註冊的加密貨幣運營商,並將其移交給檢察機關。韓國警方已放棄了FIU移交給他們的幾乎所有案件。 該項措施週四由人民力量黨(People Power Party)議員尹泰泳(Eom Tae-young)及另外九人提出。它通過插入一項新的規定,即第15-4條,對《報告和使用特定金融交易信息法》進行了修訂。根據韓國立法追蹤門戶網站,該法案於8月21日被提交至國民議會的政治事務委員會,該委員會負責監督金融服務委員會。該法案仍需經歷委員會審議和全體會議表決。表述在過程中可能會發生變化,而由個別議員提交的法案往往在議會任期屆滿時因未能通過而夭折。