Crypto Industry News & Market Trends

Swiss Bitcoin Pay shuts down servers as hacker gains access to customer info

Swiss Bitcoin Pay shut down its entire server infrastructure on Monday after concluding that an intruder had probably reached its internal systems. 　　The firm is warning that customer email addresses, Bitcoin addresses, bank IBANs, transaction histories and hashed passwords may have been exposed. Despite this, the company says no customer money is at risk.　　Why did Swiss Bitcoin Pay take its servers offline？　　Swiss Bitcoin Pay revealed on its official account on X that the team is still working out what it is dealing with after a malicious user reportedly gained access to the firms internal systems. The post stated that the servers were being shut down “as a precaution” during the investigation.　　Discover more　　NEWS　　Currencies & Foreign Exchange　　finance　　Swiss Bitcoin Pay has not said how many customers are affected, how the attacker got in, or whether data was copied out or merely viewed. It has also not given a date for the resumption of its services.　　Swiss Bitcoin Pays non-custodial design functions by letting payments pass straight from customer to merchant. With this system, customer funds are completely walled off from the compromised systems, and no unauthorized Bitcoin movements have been identified.　　However, in a follow-up reply on X, Swiss Bitcoin Pay explained that it does

09-15Industry

Balancer Proposes Shutting Down and Returning Its $9 Million Treasury to BAL Holders

Holders would burn BAL for a pro-rata share of the treasury starting May 2027. Pools move to withdrawals-only on Oct. 30. BALs market cap is $7.7 million.　　Balancer would stop operating and hand its treasury back to token holders under a proposal posted to the protocols governance forum on Monday. The post cancels the buyback token holders approved in April and replaces it with a redemption that burns BAL for treasury assets.　　The treasury is worth more than the token. Balancer‘s managed treasury is at least $9 million at current prices, the proposal says, citing the figure reported by treasury manager kpk. BAL’s market capitalization is $7.71 million, according to CoinGecko. The proposal excludes BAL itself from the distribution, so redeemers would receive the other assets the DAO holds, in kind and pro rata.　　The author is Marcus Hardt, who was added to Balancers Treasury Council and to the Foundation and OpCo director multisigs under BIP-918, the April restructuring. A Snapshot vote is scheduled for Sept. 25 to 29, with a quorum of 5 million BAL. The proposal asks for a winddown budget of $150,000 from Nov. 1 to May 2027, $30,000 from then to a final sweep, and a $220,000 reserve drawn

09-15Industry

Banks and state attorneys general challenge CLARITY Act ahead of vote

Eight banking associations and 17 state attorneys general have challenged parts of the CLARITY Act before a Sep. 15 procedural vote that requires 60 Senate votes.　　Eight banking associations wrote to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer on Sep. 14, requesting changes to the CLARITY Act before the Senate considers whether to advance it.　　Although the associations supported creating lasting rules for digital assets, they argued that the current language could let crypto companies offer stablecoin rewards that function like interest on bank deposits. Their requests center on Section 10404, which covers payments and incentives linked to payment stablecoins.　　The banking letter adds another dispute to the Senate negotiations as lawmakers try to gather the 60 votes needed to proceed. Separately, a coalition led by New York Attorney General Letitia James has warned that federal preemption provisions could restrict state securities enforcement and make it harder to pursue crypto fraud.　　Banks say stablecoin rewards could drain deposits　　Bank deposits fund lending to households, farmers, small businesses, and local communities, the associations said. In their view, stablecoins that offer incentives similar to deposit interest could encourage customers to move money out of regulated banks.　　“Deposits are the foundation of the banking system,”

09-15Industry

AMD Stock Drops Below $500 Despite Bullish Outlook

TLDRAMD stock fell about 5% on Monday, slipping below the $500 level as semiconductor shares weakened.AMD sees its AI-related market opportunity reaching about $2 trillion by 2030.The company expects its data-center business to double in 2027 and reach roughly $70 billion in sales.Supply constraints, insider selling and concerns over technology spending are adding near-term pressure.The $530 level remains a key resistance zone, while support sits near $463.　　AMD stock fell about 5% on Monday, dropping below $500 after last week‘s rally lost momentum. The pullback came as investors reassessed semiconductor shares and the pace of technology spending. The decline followed strong gains tied to comments from CFO Jean Hu about AMD’s long-term growth opportunity.　　Advanced Micro Devices, Inc., AMD　　Insider selling also drew attention during the latest move. Such transactions do not always signal weaker business conditions, but sales near high valuations can make investors more cautious. AMD stock has advanced strongly this year, leaving traders focused on whether earnings growth can support the current valuation. That backdrop has increased attention on valuation, earnings execution, and the timing of growth.　　Discover more　　Access Premium News　　Compare Exchange Rates　　Deploy Cloud Servers　　AMD Targets $2 Trillion AI Market　　AMD estimates that its AI-related market could reach about $2 trillion by

09-15Industry

Three Signals to Watch as Solana Pushes 24/7 Tokenized Stock Trading

Tokenized stocks may give Solana a real-world use case, but network activity alone does not guarantee stronger SOL demand.　　Solana is gaining attention as tokenized stocks bring trading onto the blockchain outside traditional market hours, with CryptoRus pointing to after-hours activity and more than 727,000 holders as signs to watch.　　But the bigger question is whether that usage can spread across Solana‘s network and eventually show up in SOL’s price.　　Solanas After-Hours Stock Market Faces a Token Test　　CryptoRus argues that tokenized equities give crypto a practical use case because markets can keep trading after Wall Street closes. Solana says 63% of tokenized-equity activity on its network came after the closing bell, while the number of holders has passed 727,000.　　That does not, by itself, prove lasting demand for SOL. As the analysis account puts it, “The decision now is whether Solana‘s activity becomes durable network growth, and whether SOL’s chart begins to reflect it.”　　One way to test that broader story is through chain TVL, or the value held across decentralized applications on a network. Solana‘s TVL was up 6.6% to $5.86 billion, compared with Ethereum at $49.97 billion after a 56% increase. BSC, Base, Tron and Bitcoin also posted gains similar to Solana’s, at

09-15Industry

Trump Says He Has Criminal Power Over AI Companies: Should Investors Worry？

President Donald Trump says his administration already holds criminal and regulatory power over AI companies. He made the claim while arguing the industry needs no guardrail beyond himself.　　He posted it minutes after Mondays opening bell, into a market that was already selling AI stocks.　　Sponsored　　Sponsored　　A Boast That Reads Like a Warning　　The message ran on Truth Social and opened with a claim about presidential oversight.　　“The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades! … We already have tremendous CRIMINAL and REGULATORY power over these companies!” Trump said.　　No new power was announced. Federal prosecutors can already charge a company, and regulators already hold authority over the sector.　　What changed is that a president chose to brandish that leverage while defending the same firms. For investors, leverage over the firms holding up the AI trade points the wrong way.　　Why the Claim Did Not Lift AI Stocks　　The Nasdaq Composite fell 0.85% on Monday, while the S” Trump said in the post.　　Beijing rejected the wider framing. Spokesperson Guo Jiakun said fearmongering and vicious competition serve no ones interest.　　BREAKING: China rejects calls from U.S. tech leaders to slow AI development, blasting the warnings as

09-15Industry

Zcash: Will $13.65M whale buying push ZEC price toward $1,500？

Zcash whale accumulation outlook strengthened, with a $13.65 million position complementing aggressive spot-market buying throughout the latest price recovery.　　According to Onchain Lens, one whale accumulated roughly 12.87K ZEC, worth around $13.65 million, from four major exchanges over the past week.　　Notably, the purchases originated from Binance, OKX, Kraken, and Gate, reflecting accumulation across several liquidity platforms. The whale later transferred the 12.86K ZEC into a fresh wallet, completing the broader accumulation sequence.　　Therefore, the activity removed a sizable position outside the exchanges where the whale initially acquired it. Besides, the accumulation also arrived as ZEC attempted to stabilize after its latest price pullback.　　Spot buyers back the whale activity　　Additionally, whale accumulation activity did not stand alone, as the broader spot-market activity supported the accumulation picture.　　The Spot Taker CVD remained taker-buy dominant, providing another demand element alongside the whale accumulation. Generally, this metric usually tracks whether aggressive market buyers or sellers control the executed spot volume over the measured period.　　The buyer dominance implied that the market participants increasingly crossed the spread to acquire ZEC rather than awaiting lower prices. Crucially, such activity broadened the demand picture beyond one whales purchases across the centralized exchanges.　　The whale accumulation reflected large-holder conviction, while Spot Taker CVD on

09-15Industry

ASST Stock Rises 3% as Strive Boosts Bitcoin Holdings to 25,000 BTC

Key InsightsStrive bought another 469 BTC for $36.6 million, taking its Bitcoin holdings to 25,000 BTC and lifting ASST stock about 3%.SATA, whose notional outstanding has surpassed $1 billion, funded the purchase entirely, while Strive raised its amplification ratio to 53.5%.BitcoinTreasuries.NET ranks Strive No. 5 among public Bitcoin holders, saying its 25,000 BTC stash exceeds that of 97.5% of public companies.　　Strive (ASST) announced on Sept. 14, 2026, that it had acquired another 469 Bitcoin, spending $36.6 million at an average price of $77,954.　　According to the companys SEC filings, Strive paid about $79,281 per coin in its prior 1,375 BTC purchase, which raised its total holdings to 24,531 BTC.　　The new purchase pushes that figure to roughly 25,000 BTC. The CEO confirmed the buy was financed entirely by Strives perpetual preferred stock (SATA).　　Strive Funding via SATA Preferred Stock　　Strive said that 100% of the $36.6 million came from proceeds of SATA sales, highlighting strong investor demand for the crypto-backed security.　　Sales of SATA stock supplied about 70% of the capital for last week‘s $109 million bitcoin buy. SATA’s notional outstanding has now approached $1 billion, meaning the company can raise large sums with minimal dilution (SATA trades at its $100 par).　　Strive (ASST) Buys Bitcoin

09-15Industry

Bitcoin ETFs just lost $463 million as the Fed puts BTC at risk of losing $75,000

US spot Bitcoin exchange-traded funds (ETFs) posted $462.7 million in weekly outflows, ending a three-week stretch of heavy investor demand.　　Related Asset Bitcoin #1 BTC · $77,783.90 24-hour change: up 1.46% Loading price history… 24H Up 1.46% 7D Down 2.01% 30D Up 23.61%　　The funds recorded withdrawals across all four trading sessions in the holiday-shortened week, marking their first weekly loss since mid-August.　　SoSoValue data showed net withdrawals of $46.7 million Tuesday, the first trading day after the Labor Day holiday. Outflows accelerated to $120.2 million Wednesday and $282.6 million Thursday before easing to $13.3 million Friday.　　The reversal remains modest compared with the preceding demand. Investors poured roughly $3.8 billion into the products over the previous three weeks as Bitcoin rallied briefly above $80,000, giving the cryptocurrency a steady source of buying during its August breakout.　　That support has now stalled as the macro backdrop grows more difficult.　　Ecoinometrics, a Bitcoin-focused research platform, said the run of negative sessions remains too short to establish a lasting reversal in ETF demand. But an extended streak would make it increasingly difficult for Bitcoin to hold above $75,000.　　Bitcoin ETF Outflows (Source: Ecoinometrics)　　The concern is less about $462.7 million leaving the funds in isolation than what happens if the

09-14Industry

South Korea investors seek two-year crypto tax delay

South Korean investors have secured the 50,000 signatures needed to send a petition seeking another crypto tax delay to the National Assembly for legislative review.　　Summary50,000 signatures have triggered National Assembly review of a petition seeking another crypto tax delay.South Korea currently plans to tax qualifying crypto gains at 22% from January 2027 nationwide.Annual digital asset gains above 2.5 million won will fall within the planned tax regime.Tax authorities plan detailed standards this year before income becomes taxable on January first 2027.The petitions committee referral does not automatically amend the law or postpone its effective date.　　The National Assemblys public petition calls for the scheduled Jan. 1, 2027, start date to be postponed by two years, while finance officials say preparations for the tax remain underway.　　South Korea plans to tax annual income from transferring or lending digital assets at a 20% national rate. A 2% local income tax raises the combined burden to 22%. Each resident receives an annual basic deduction of 2.5 million won, currently worth approximately $1,850.　　You might also like:　　South Korea CBDC plan draws warning over privacy risks　　The petition crossing the signature threshold requires the National Assembly to refer it to the relevant standing committee. Referral does not change the

09-14Industry

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