Mexico seizes 300 GPUs at suspected illicit crypto farm

Mexican authorities have seized roughly 300 GPUs from a suspected illicit crypto mining farm in Puebla while investigating possible electricity theft and money laundering.  Reuters reported on Sept. 12 that investigators discovered the operation in the mountainous municipality of Tlaola, near infrastructure connected to a hydroelectric system.  The equipment included approximately 80 medium-voltage terminals, eight satellite antennas and a pedestal transformer. Authorities described the site as the fourth comparable mining operation found in the region since early 2025.  No agency has publicly identified the cryptocurrency being mined. Investigators have not named an organized crime group, disclosed related wallet addresses or announced any arrests.  Stolen Power and Crypto Mining Emerge as New Tools for Latin American Cartels  Reuters reported that Mexican authorities uncovered a suspected illicit crypto mining operation in the mountainous Tlaola area of Puebla state, seizing 300 GPUs, 80 medium-voltage terminals and eight… pic.twitter.com/V29vDCjFkG  — Wu Blockchain (@WuBlockchain) September 13, 2026  Mexico crypto mining raid uncovered industrial equipment  Personnel from Mexico‘s Attorney General’s Office, the Mexican Navy and Pueblas Public Security Secretariat participated in securing the property, according to a local report published after the operation.  Authorities found around 300 specialized computers operating inside the building. The medium-voltage connections and transformer indicate that the facility had access to

09-13Industry

Bitcoins slide below $77,000 sets up a Monday tech test as AI leaders sound warning

Bitcoin traded below $77,000 on Sunday as a weak week extended into the weekend, leaving traders facing fresh AI uncertainty and an approaching Federal Reserve meeting.  Related Asset Bitcoin #1 BTC · $77,077.17 24-hour change: down 0.44% 24H Down 0.44% 7D Down 3.18% 30D Up 23.06%  Bitcoin traded at $76,695 near press time, down 0.80% over 24 hours and 4.08% over seven days. The retreat puts the cryptocurrency back near a price area it visited before the weekend, with a Federal Reserve meeting also approaching.  The price area is also familiar. CryptoSlate‘s Sept. 11 coverage reported an intraday low of $76,676 on Sept. 10, ahead of the Saturday AI statements. That chronology makes the weekend’s move an extension of existing weakness rather than the beginning of a sell-off that can be attributed entirely to the new warnings.  The scale and timing of the move matter. Bitcoin was still up 22.34% over 30 days, putting the latest losses within a broader monthly recovery.  Reported 24-hour trading volume was about $13.44 billion, down 49.98%. That describes how much trading occurred; it does not measure available buy orders or show which news prompted investors to sell. The price decline and lower turnover are separate measurements: neither reveals a

09-13Industry

Canary in Cardiff: Three leaders test the U.K. union

The pro-independence leaders of Scotland, Wales and Northern Ireland have scheduled a Cardiff summit for Sept. 14 to discuss cooperation on four policy areas, including self-determination.  SummaryThree pro-independence first ministers plan Monday talks covering self-determination, economic policy, energy, and European relations.The Telegraph reports leaders will sign an agreement, but officials have not published its text.Welsh First Minister Rhun ap Iorwerth rejected claims that the summit seeks Britains immediate breakup.Scotland cannot hold an independence referendum unilaterally because constitutional matters remain reserved to Westminster authorities.Northern Irelands statutory referendum route depends on a judgment by Britains Northern Ireland secretary alone.  The Telegraph reported on Sept. 13 that Scottish First Minister John Swinney, Welsh First Minister Rhun ap Iorwerth and Northern Ireland First Minister Michelle ONeill would sign a joint declaration or memorandum of understanding.  Mary Lou McDonald, Sinn Féin‘s president and leader of the opposition in Ireland’s Dáil, is expected to join the meeting at St Davids Hotel in Cardiff Bay. A press conference is planned after the talks.  The reported agreement covers the economy, energy, relations with Europe and national self-determination. Its full text had not been published by the devolved governments or the participating parties as of Sept. 13.  Ap Iorwerth has rejected the claim that

09-13Industry

Bitcoins oil risk stretches into 2027 as IEA cuts supply outlook again

The International Energy Agency has cut its 2026 oil supply forecast and now expects full Gulf supply recovery in 2027, complicating the prospect of energy-driven relief in borrowing costs for Bitcoin investors.  Related Asset Bitcoin #1 BTC · $77,211.07 24-hour change: down 0.29% 24H Down 0.29% 7D Down 3.00% 30D Up 23.17%  Its Sept. 11 report projects average global supply of 100.7 million barrels a day this year, down from 102 million in the Aug. 12 outlook. The downward revision is 1.3 million barrels a day.  Demand is weakening too. The IEA forecasts global oil consumption will fall by 2.5 million barrels a day in 2026 compared with 2025. It puts that contraction at about 940,000 barrels a day deeper than it expected in August.  Less consumption could ease pressure on scarce supplies. Yet the agency estimates global observed inventories fell by 95 million barrels in August, indicating that weaker use has not removed physical tightness.  There is some relief in flows: the IEA says increased volumes bypassing the Strait of Hormuz and military-escorted shipments through it helped narrow crude export losses. But Gulf refined-product and liquefied petroleum gas exports in August remained nearly 60% below February. Recovery is uneven, and the 2027 timetable remains

09-13Industry

Chainflip loses 736,442 USDT in TRON exploit

Chainflip has lost 736,442.17 USDT through six unauthorized payouts after an attacker exploited its handling of TRON transaction memos.  Chainflip said in a Sept. 13 incident update that the attack targeted its TRON USDT integration during the early hours of Sept. 12. The cross-chain protocol paused operations while its developers investigated the transactions and prepared a fix.  One legitimate user swap worth 115,654.41 USDT remains unpaid. Chainflip said the funds are still held in its vault and can be released after the network restarts. The protocol reported that no other funds were affected.  The loss figure and attack sequence represent Chainflips current findings. No independent security assessment confirming the full account had been published as of Sept. 13.  An update on yesterdays exploit affecting Tron USDT.  736,442.17 USDT was taken. All other funds are unaffected and secure, and impacted users will be made whole.  The network stays paused while we finalise the fix and the restart plan.  Full update: https://t.co/LTWSqLBOn3  — CHAINFLIP (@Chainflip) September 13, 2026  Chainflips TRON USDT integration paid deposits twice  Chainflip uses transaction memos to read swap instructions attached to TRON transfers. On most other supported blockchains, the protocol receives instructions through dedicated contract functions.  According to the incident report, the attacker found a way to attach a

09-13Industry

Bitcoin's Price Looks Shaky at $76K, but the Trend Says Otherwise

Bitcoin‘s price is sitting between $76,400 to $76,700 per unit on Sunday morning, which sounds pretty uneventful until you look under the hood. Short-term momentum has gone sour, BTC has been turned away twice from roughly $82,300-$82,800, and several averages immediately overhead are now working against it. Yet zoom out far enough and almost the opposite picture appears. Bitcoin’s price is still trading above nearly every major longer-term moving average. The bears have the short game. The bulls still own much of the long one.  Key TakeawaysBitcoin‘s price sits near $76,400 to $76,700 over the last hour after Sept. 12’s wild $79,837-to-$76,040 swing.The daily charts 11 oscillators lean bearish, but 9 of 15 moving averages remain bullish.Bitcoins price needs to reach roughly $78,500 per coin, and losing $76,000 would put lower support in play.  1-Hour Chart Outlook  That makes the 1-hour chart a good place to see just how messy things have become. On Sept. 12, bitcoins price shot all the way to $79,837 before getting hammered down to $76,040, a $3,797 trip from top to bottom.  Since that shakeout, the fireworks have mostly stopped. BTC has spent its time squeezed between roughly $76,600 and $77,300, with the latest trades around $76,817-$76,819, and Sunday

09-13Industry

Chainlink: Grayscale & Bitwise scoop 1.4M tokens, yet LINK slips

Institutional demand around Chainlink strengthened as institutions expanded their $LINK holdings while broader accumulation absorbed available supply.  Grayscale extended its accumulation activity after its $GLNK ETF received another 203,810 $LINK worth $2.38 million from Coinbase Prime.  Over 18 days, the Grayscale ETF received around 1.05 million $LINK, valued at approximately $12.12 million. These persistent purchases reinforced the institutional demand narrative despite $LINKs recent price retracement.  Additionally, Bitwise confirmed the accumulation trend after also purchasing another 163,664 $LINK, worth roughly $1.91 million. Also, the institution remained a consistent buyer during the previous two weeks.  The institutions total holdings hit 3.964 million $LINK, with an average acquisition price of roughly $9.96.  Therefore, this implies that the accumulation extended beyond a single institutional vehicle, reflecting a broader sustained interest.  Reserve growth adds another demand layer  The Chainlinks strategic reserve added another 91,100 $LINK, valued at roughly $1.06 million. The purchase increased the 30-day accumulation reserve to 511,000 $LINK, worth approximately $5.52 million.  The acquisition brought the total reserve holdings to 5.86 million $LINK, worth nearly $67.24 million. Therefore, this reserve accumulation provided another source of recurring $LINK absorption alongside the institutional purchases.  Furthermore, the ETF activity also strengthened the broader demand outlook. Reportedly, Chainlink ETFs attracted $4.27 million in investor capital during

09-13Exchange

Why 90% of your DeFi trades are quietly being routed back to Wall Street market makers

Open Jupiter, tell it you want to swap SOL for USDC, check the price, and press the button. From the users point of view, there is not much more to it.  Related Asset Solana #7 SOL · $99.66 24-hour change: down 2.19% 24H Down 2.19% 7D Down 6.12% 30D Up 32.43%  So its only natural to assume that Jupiter is where the trade happens. In reality, Jupiter is closer to a search engine for liquidity. Its software looks across different places willing to take the other side of the trade, compares what they are offering, and sends the order toward the best route it can find. Its current system can choose among ordinary decentralized exchanges, proprietary automated market makers, or propAMMs, and a request-for-quote network where professional market makers compete to quote a price.  The user sees one interface and one price, while underneath it several very different kinds of markets can be competing for the same order.  Related Company Jupiter Solana-based decentralized exchange  So the person selling you USDC might not be another user or a public pool funded by thousands of strangers. It could be a professional trading operation using its own money and pricing software, with no consumer-facing exchange and no pool

09-13Industry

Reform UKs £72M donations face new legal test

Reform UK has received £72 million, approximately $97 million, from crypto billionaires Christopher Harborne and Ben Delo through two matching donations announced within 24 hours.  The Guardian reported on Sept. 12 that Harborne gave £36 million to Nigel Farages party one day after Delo announced an equal contribution. Each gift matched the largest individual political donation recorded in the U.K., according to the newspaper.  Harborne is an investor in stablecoin issuer Tether and cryptocurrency exchange Bitfinex. Delo co-founded BitMEX, one of the earliest major cryptocurrency derivatives exchanges.  Neither donor said the latest money was transferred in cryptocurrency. Reports covering the contributions did not identify their payment method, making the donors industry connections separate from the proposed ban on political donations paid with crypto assets.  Reforms £72 million donations from two crypto-billionaires could be illegal after ministers make new law retrospective – my report for @ObserverUK https://t.co/DZthlcntvi  — Rachel Sylvester (@RSylvester1) September 13, 2026  Reform UK says both £36 million donations are legal  Reform UK maintains that it checked the donors and accepted both contributions under existing political-finance rules. A party spokesperson said the donations “comply strictly with Electoral Commission rules and UK law.”  Harborne said he expected “nothing” in return, including a policy change or peerage. Farage said

09-13Industry

Tom Lee Says Crypto Will Be “Really Bullish” For the Next 12 Months

Tom Lee says the next 12 months will be “really bullish” for crypto. The Wall Street strategist has reason to hope he is right, because the company he chairs sits about $5 billion underwater.  Lee runs research at Fundstrat Global Advisors and chairs BitMine Immersion Technologies, which holds 5.93 million ether.  Sponsored  Sponsored  The Worst is Over for Crypto Markets?  His first argument is that the pain already happened. On October 10 last year, a threat of 100% tariffs on China set off the largest liquidation crypto has seen. More than $19 billion in leveraged bets vanished in a day.  The borrowed money went with it, Lee says. He reads the bottom of cryptos four-year cycle, a rhythm many traders use to time the market, as next month.  Prices have not caught up. Bitcoin (BTC) trades near $77,315, roughly 39% below its record above $126,000, set days before that crash. Ether has added 3.2% in 24 hours to about $2,533.  Bitcoin and Ethereum Price Performance. Source: TradingView  “I think its going to be a really bullish period for crypto for the next 12 months,” Lee told Wealthion.  Sponsored  Sponsored  A $20 Trillion Bet on Wall Street  The bigger idea is tokenization. That means moving stocks, bonds and funds onto blockchains instead of the

09-13Industry
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