Latest Crypto News & Market Updates

Liquid Network recovers 3,400 BTC after bridge exploit

Liquid Network has recovered 3,400 BTC worth about $269.2 million from the self-described white-hat hackers behind a 4,000 BTC withdrawal, although nearly $47 million remains outstanding.　　Liquid Network has recovered 85% of the withdrawn Bitcoin　　On-chain data shows that the actors returned 3,400 BTC, worth about $268.2 million when confirmed, to the Liquid Federation wallet in Bitcoin block 965,950. The transfer recovered about 85% of the withdrawn funds, while 598.5 BTC worth roughly $47 million remained in the actors address. Blockstream had previously told the group through a signed transaction message that its bridge nodes were patched and the funds were “safe to return.”　　Around 598.5 BTC, valued at roughly $47 million, remained in the withdrawal-linked address after the larger transfer. The actors have not publicly explained why they retained the remaining coins or stated whether another repayment will follow.　　Sunday‘s incident began when a customer sent 4,000 Liquid Bitcoin, or L-BTC, to SideSwap’s peg-out service. SideSwap allows users to move value from the Liquid sidechain back to the Bitcoin network through an authorized withdrawal process.　　The actors later identified themselves as “whitehats” in a message attached to a Bitcoin transaction. White-hat hackers generally find and report security weaknesses so developers can repair them, often

09-08Industry

Jason Statham‘s ’Mutiny Arrives On Streaming This Week

Jason Statham in “Mutiny.”　　Lionsgate/Dan Smith　　Jason Stathams new action thriller Mutiny arrives on streaming this week after the film quickly ran out of gas at the domestic box office.　　Directed by Jean-François Richet (Plane), Mutiny opened in theaters on Aug. 21. Statham (A Working Man) stars in the film as Cole Reed, a former London SCO19 Specialist Firearms officer and former Marine commando who works private security for Tibu Campallo (Ramon Tikaram), a Thai shipping tycoon.　　ForbesHorror Comedy ‘Buddy’ Tops Opening Numbers In 2nd Weekend At Box OfficeBy Tim Lammers　　When Tibu is murdered, Cole is framed for his murder. As such, he sets out on a mission to avenge Tibus death that lands him on a ship on international waters, where he discovers darker secrets than he anticipated.　　Discover more　　News　　Explore Paranormal Gear　　financial　　Rated R. Mutiny also stars Annabelle Wallis, Roland Møller and Adrian Lester.　　Mutiny got off to a rough start in its first weekend at the box office Aug. 21-23, as it earned $7.7 million from 2,703 North American theaters for a No. 6 finish domestically. Mutinys business dropped 64% for a $2.7 million take from the same number of venues on its second weekend Aug. 28-31, and skidded another 68% in its third weekend

09-08Industry

Oil Prices Near $100, Hit Multi-Week Highs On Fresh U.S.-Iran Tensions

An Arleigh Burke-class guided-missile destroyer – USS Rafael Peralta – of the U.S. Navys 5th Fleet (right) next to an oil tanker in the Middle East. (File photo: U.S. Navy via Getty Images)　　Getty Images　　Global oil prices hit multi-week highs and neared the $100 per barrel mark on Monday, following an escalation of tensions between U.S. and Iran.　　At the close of trading in London, the Brent front-month crude oil futures contract traded at $97.05 per barrel, up 0.8% or $0.78 and threatening to hit the $100-level last seen late-July. The U.S. West Texas Intermediate front-month contract was also up 1.27% or $1.16 to $92.64 at 14:28 EDT.　　Thats after the U.S. Central Command [“CENTCOM”] said on Saturday it had struck and destroyed three Iranian oil tankers “in response to attempted missile attacks on naval vessels.”　　In a statement, it noted that a U.S. aircraft carrier and guided-missile destroyer successfully evaded multiple unprovoked Iranian attacks. No American personnel were harmed.　　“Following Irans failed attacks, CENTCOM permanently disabled its crude oil carriers M/T Downy off the coast of Kharg Island and M/T Stark 1 near Jask. American forces also completely destroyed the unladen crude oil carrier M/T Kylo (also known as the ”Noxen“) in the Gulf

09-08Industry

Ethereum Foundation names 2 ‘must ship’ EIPs for Hegotá upgrade

The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the forks scope.　　The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly 60 researchers and engineers across the Foundation‘s Protocol cluster. It marks the first time the Foundation’s Protocol cluster has published a unified view of proposed EIPs rather than separate opinions from individual teams.　　The two must-ship proposals are EIP-7805, known as FOCIL, and EIP-8141, or Frame Transactions, which the Foundation designated as the consensus and execution-layer headliners for Hegotá.　　FOCIL is designed to give users a path to have eligible transactions included without relying on centralized block builders, strengthening Ethereums resistance to transaction censorship.　　Frame Transactions would introduce native account abstraction and create a path toward post-quantum authentication. Together with two companion proposals, the change could also provide protocol-level building blocks for privacy applications.　　The “must ship” designation means the two proposals effectively define the upgrade. If either is at risk, the Foundation said Hegotás schedule should adjust before the proposal is dropped.　　FOCIL tops Hegotá consensus-layer rankings. Source: Ethereum Foundation　　Related: Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH　　Hegotá scope still being

09-08Industry

Brazilian Banks Expand Crypto Offerings as Regulation Takes Hold

In briefBrazils crypto market hit a record R$505.5 billion ($98.7 billion) in 2025, up more than fivefold from R$94.9 billion in 2020, according to Receita Federal data.Itaú now offers 15 cryptoassets and Nubank lists 28, while Banco do Brasil says its bitcoin and Ethereum service has moved more than R$11 million ($2.1 million) since January.Central Bank filings reviewed by Folha show zero proprietary crypto holdings at Brazilian banks as of March 2026, even as client-facing crypto shelves keep growing.　　Itaú, Brazils largest bank by assets under management, now sells clients 15 different crypto assets through its investment app, including Bitcoin, Ethereum, and the dollar-pegged stablecoin USDC.　　Nubank, Brazil‘s largest fintech, lists 28. Banco do Brasil, Brazil’s most lucrative public bank, which started letting customers buy Bitcoin and Ethereum directly in January, told Folha de S.Paulo the service has already moved more than $11 million reals ($2.1 million) in transactions.　　Myriad: Which company will IPO next？ Click to make your prediction.　　None of that money touches the banks own balance sheets. Central Bank filings dated March 2026 and reviewed by Folha show zero holdings of virtual assets on the books of Brazilian banks, even though institutions can custody and process crypto on clients behalf.　　The shelf-stocking

09-08Industry

Moonwell bad-debt plan: USDC recovery questions remain

Lending protocol Moonwell‘s proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs’ projection. Its Sept. 4 recovery update leaves access to USDC and a return to borrowing as separate hurdles.　　Moonwell said in the update that governance proposal MIP-X66 had entered its vote collection period. The package combines changes to market risk settings, interest-rate models and the use of protocol reserves to recapitalize the USDC market.　　The Sept. 4 announcement described what would happen after execution, without confirming reserve transfers or setting a supplier repayment timetable. MIP-X66s subsequent execution status and actual USDC transfers remain unverified.　　Moonwell relayed its risk advisers estimate that the proposed rate changes across seven Base markets would reduce monthly interest on outstanding bad debt from about $338,785 to $50,273, assuming balances and utilization remain unchanged.　　The projected saving is $288,512 a month, or roughly 85%. Governance delegate PGov cited the same dollar reduction in supporting MIP-X66.　　Those figures measure slower growth in debt already on the books. They do not measure cash recovered, principal forgiven or money returned to suppliers. Even under the projection, about $50,273 in monthly interest would continue accruing.　　The reserve component addresses a different problem. It proposes withdrawing

09-08Industry

Tokenized Stocks See Explosive Growth as SPY, Google, and Robinhood Lead Rally

Three tokenized stocks generated $7.1 billion in DEX volume, accounting for nearly 45% of the categorys total activity.　　Tokenized versions of SPY, Google, and Robinhoods own stock led a burst of on-chain trading activity over the past month, with Token Terminal data showing SPY on Robinhood Chain up by more than 1,300% in 30 days to an over $17 million market cap.　　The moves point to fast-growing retail and platform interest in tokenized equities across several blockchains and issuers, even as trading volume in the category stays concentrated in a handful of tokens.　　SPY, rGOOGL, and HOODb Lead a Month of Rapid Growth　　Token Terminal posted the data on September 7, showing SPY‘s Robinhood Chain deployment gained the most ground of any tokenized stock over the past 30 days, jumping 1,314% to a $17.4 million market cap. Reality’s rGOOGL on Arbitrum followed with a 530.9% increase to $18.8 million, while Binance bStocks HOODb rose 428.7% to $5.7 million.　　The gains were not limited to the three largest movers. Binance bStocks‘ MSTRb reached $53.8 million after rising 334.6%, making it the largest asset by market capitalization among the top five listed by Token Terminal. Robinhood’s NVDA climbed 284.4% to $15.2 million.　　Other Robinhood assets also posted large

09-08Industry

DeFi lender proposes bad-debt fix, but user USDC funds remain locked

Lending protocol Moonwells proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs projection. Its Sept. 4 recovery update leaves access to USDC and a return to borrowing as separate hurdles.　　Related Asset USDC USDC · Stablecoin　　Moonwell said in the update that governance proposal MIP-X66 had entered its vote collection period. The package combines changes to market risk settings, interest-rate models and the use of protocol reserves to recapitalize the USDC market.　　The Sept. 4 announcement described what would happen after execution, without confirming reserve transfers or setting a supplier repayment timetable. MIP-X66s subsequent execution status and actual USDC transfers remain unverified.　　Moonwell relayed its risk advisers estimate that the proposed rate changes across seven Base markets would reduce monthly interest on outstanding bad debt from about $338,785 to $50,273, assuming balances and utilization remain unchanged.　　The projected saving is $288,512 a month, or roughly 85%. Governance delegate PGov cited the same dollar reduction in supporting MIP-X66.　　Those figures measure slower growth in debt already on the books. They do not measure cash recovered, principal forgiven or money returned to suppliers. Even under the projection, about $50,273 in monthly interest would continue accruing.　　The reserve component addresses a

09-08Industry

Cardano News: DeFi TVL Breaks Record as IOG Unveils Key Tech Development Stack

Key Insights:Cardano news highlights DeFi TVL at $65.33 million, close to its $64.53 million stablecoin market cap.ADA sees fresh attention as IOG reports progress on Hydra, Leios, node testing, and tracing.IOGs latest work shows Cardano is taking a different approach to scaling, node performance, and off-chain activity　　Cardano news is drawing fresh attention as its Decentralized Finance (DeFi) total value locked (TVL) reaches $65.33 million. That‘s close to the network’s $64.53 million stablecoin market cap. Those figures come as IOG reports fresh work across Cardanos node, Hydra, Leios, and tracing systems, giving users more to watch.　　Cardano News: DeFi TVL Nears Stablecoin Market Cap　　Cardano crypto activity is getting fresh attention after its DeFi TVL reached $65.33 million, while the networks stablecoin market cap stood at $64.53 million. Dr. Cuadrado highlighted the small gap between the two measures.　　That gap matters because stablecoins can provide liquidity for trading, lending, and other DeFi activity. In this case, the stablecoin market is now almost as large as the value locked across Cardano DeFi.　　Cardano DeFi TVL Update | Source: Dr. Cuadrado　　Still, the numbers give a useful view of liquidity on the network. The post also argued that the figures show capital entering the ecosystem.　　For Cardano crypto users,

09-08Industry

IRS Affirms Crypto is Property, Not Currency: How Does This Affect Users？

The IRS has affirmed that cryptocurrency is property for tax purposes.Crypto assets will be taxed in specific ways, depending on how they are used.Proposed U.S. legislation could end tax deferral benefits for crypto miners and stakers.　　Cryptocurrency users face specific consequences following the IRS‘ affirmation of its position on the crypto tax regime, as contained in the latest Congressional Research Service (CRS) report released on September 2. The agency’s position aligns with the June 2026 US Tax Court ruling in Paschall v. Commissioner, which classified crypto as property and not currency.　　This classification implies that digital assets will not enjoy the “foreign currency” tax exemptions that apply to traditional cash transactions, but that is only the tip of the iceberg. Classifying cryptocurrency as property rather than currency affects how users mine, spend, sell, swap, and stake digital assets.　　How Does the IRS Tax Regime Affect Crypto Users？　　The IRS classification determines the applicable tax regime for digital asset income. Therefore, staking rewards and mining payouts come to the fore when analyzing how the affirmed classification affects cryptocurrency users.　　Under this structure, the IRS would treat staking rewards and mining payouts as ordinary income, which begins when users receive the crypto in their wallets. Considering the

09-08Industry

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