Latest Crypto News & Market Updates

ChatGPT, Claude and Grok Outages Leave Users Asking How to Work Without AI

In briefChatGPT, Claude, and Grok experienced outages Thursday morning.Users said losing access to the AI tools disrupted their writing, research, and coding.OpenAI, Anthropic, and xAI restored their affected services by Thursday afternoon.　　ChatGPT, Claude, and Grok experienced service disruptions Thursday morning, preventing some users from accessing the AI platforms or generating responses.　　OpenAI, Anthropic, and xAI acknowledged problems affecting their services, though it is unclear if the incidents were connected.　　Myriad: When will OpenAI release GPT-6？ Click to make your prediction.　　On X, users said the outages had disrupted their work, leaving them without AI tools they used for writing, research, coding, and other daily tasks.　　“Claude, Grok and ChatGPT. How can anyone get any work done？” chemist and science communicator Simon Maechling wrote on X.　　“ChatGPT is down, and I am immediately 50 IQ points dumber,” AI tool developer Every CEO Dan Shipper joked.　　OpenAI drew the most complaints, with reports on Downdetector peaking at approximately 38,000. Among users who identified a specific problem, 80% selected ChatGPT, 8% Codex, and 7% the app.　　The company began investigating elevated errors affecting ChatGPT and Codex at 10:43 a.m. EST. OpenAI said it applied a mitigation at 11:17 a.m. and was monitoring the recovery.　　“A routing error starting around 7:43 am

09-04Industry

Hyperliquid treasury company increases token buying strategy to $2.5 billion as shares run out

Hyperliquid Strategies, a Nasdaq-listed company using equity sales to build a treasury of Hyperliquids HYPE token, has expanded its committed-equity facility with Chardan Capital Markets to $2.5 billion from $1 billion.　　Related Asset Hyperliquid #9 HYPE · $84.15 24-hour change: up 2.97% 24H Up 2.97% 7D Down 2.13% 30D Up 51.44%　　The immediate runway before a new dilution constraint applies is far smaller than the headline commitment. Hyperliquid Strategies annual report disclosed $646.6 million of gross facility proceeds through June 30, followed by another $117.1 million raised through facility shares after quarter-end. Together, those figures show at least $763.7 million of proceeds, leaving no more than about $236.3 million before aggregate sales reach $1 billion. Any later sales would reduce that headroom, and the September 1 filing did not provide an updated utilization total.　　Once aggregate facility sales pass $1 billion, the issue price becomes decisive. Under the operative amendment, Hyperliquid Strategies cannot complete a sale if doing so would take the aggregate number of facility shares issued at prices below $12.02 above 42,641,847. That exchange cap equals 19.99% of the companys pre-amendment voting power or outstanding common shares. Issuance above the cap requires stockholder approval unless that approval is not required under

09-04Industry

Why is XRP Price Up 10% Today？

$XRP is trading at $1.46, up 10% over the past 24 hours, as the broader crypto market rallies with Bitcoin surging above $80,000. Bitcoin is now up $23,000 since its July 1 low, according to The Kobeissi Letter, with the momentum spilling over into altcoins including $XRP.　　Adding to the risk-on mood, the Wall Street Journal reported that President Trump is privately weighing whether to formally declare the Iran war over, and reportedly favors the idea. The news comes even as Iran launched a surprise attack on US assets in Kuwait, with no prior US strike, and Washington has yet to respond to Iranian attacks the night before that hit seven US bases across five countries.　　A US official cited concerns over surging oil prices and interceptor stockpiles now nearly depleted. Easing war fears appear to be feeding into todays broader crypto rally.　　Technically, $XRP broke out from a $1.36 consolidation zone to hit $1.42 and above, with cumulative volume delta data showing buyer pressure reversing sharply from a $4.0 million deficit toward just $1.0 million, pointing to heavy spot and futures accumulation.　　Coinbase‘s institutional order flow showed high-volume trades executing throughout the climb from $1.38 to $1.42. Analyst ChartNerd flagged the 50-week EMA

09-04Exchange

BitMEX co-founder contributed 75% of Reform UKs donations in Q2 2026

Records from the UK‘s Electoral Commission showed that BitMEX co-founder Ben Delo’s contributions to the countrys Reform party made up about three-quarters of the $7.3 million it received in the second quarter of 2026.　　As of Thursday, the Electoral Commission showed that Delo had made two separate contributions to Reform UK of 1 million and 3 million pounds — about $1.3 million and $4 million, respectively — in April. While the political party also received significant contributions from entities and individuals between April and June 2026, Delos donation amounted to 74% of all funds reported in the second quarter.Source: UK Electoral Commission　　Nigel Farage, leader of Reform UK, is currently under investigation after receiving millions of dollars worth of donations and gifts from two figures tied to the crypto industry: Christopher Harborne and George Cottrell. The UK lawmaker resigned his position as a member of parliament in July amid the crypto scandal, triggering a controversial by-election that Farage won 63% of the vote, ahead of satirical candidate Count Binface.　　The contributions tied to the crypto industry have raised questions from many lawmakers about the influence of digital assets on UK politics. In July, Labour MPs were reportedly considering that a moratorium on crypto

09-04Industry

Revolut hit by Washington crypto boom illusion, exposing massive two-tier banking system

Revolut filed with the OCC and FDIC on March 4 to establish Revolut Bank US, an insured national bank that would take deposits, issue credit cards, make loans, and connect directly to Fedwire and ACH.　　Related Company Revolut Banking and payments app　　Nearly six months later, that application remains pending, while federal regulators have spent the same stretch conditionally approving or converting bank charters for Circle, Ripple, Coinbase, Paxos, BitGo and several other crypto firms.　　Revolut has not been denied, though its application sits under review, and comparing it directly to those crypto approvals misses what each company asked Washington for.　　Related Company Circle Global crypto finance company　　A national bank wants more　　Revoluts application describes a full-service digital national bank supporting deposit accounts, card products, consumer and commercial lending, cross-border payments, and investment and trading services, built to reduce the companys reliance on partner banks.　　Related Company Ripple Financial technology and enterprise blockchain company　　The company says it serves more than 70 million customers across 40 markets and carries a $75 billion valuation, reached in a November 2025 secondary offering.　　That puts the application through every layer of traditional bank review at once. Regulators must weigh capital and liquidity adequate to survive stress, credit underwriting and loss reserves

09-04Industry

A Too Big to Fail' Bank Is Now Delivering Actual Bitcoin and Ethereum to Institutions

Standard Chartered will now hand institutional clients real Bitcoin (BTC) and Ether (ETH) in the United Arab Emirates. Those clients receive the coins themselves, not a derivative that only tracks the price.　　The bank announced the desk on Thursday through its Dubai arm. Only 29 lenders worldwide carry the too big to fail label. Just one of them now delivers coins.　　Standard Chartereds Bitcoin Desk Sits Inside a Too Big to Fail Bank　　The Financial Stability Board names those 29 banks every year. Its 2025 list puts Standard Chartered in the lowest risk bucket, carrying a 1% capital surcharge.　　Sponsored　　Sponsored　　JPMorgan sits three tiers above it. Citigroup and HSBC sit two. Standard Chartered says no rival G-SIB offers the same deliverable spot service.　　The smallest of the systemic banks moved first, not the biggest. Deliverable may be the key word here, seeing as the client ends up holding Bitcoin. This means someone at the bank must move real coins and guard them.　　The appeal is the fee stream. The bank earns on the spread, the settlement and the custody, rather than losing that revenue to crypto exchanges.　　Why Dubai Got This Before New York　　Standard Chartered built the Dubai stack in pieces. Custody came first, in September 2024, with

09-04Industry

Bitcoin Blasts Past $81,000 as Trump Weighs Ending Iran War

Bitcoin (BTC) reclaimed $81,000 on Thursday as reports suggest the Iran war could be over. Reportedly, Donald Trumps inner circle is advising the president to declare the war officially over, as pressure over midterm elections grows. 　　Meanwhile, Fed Governor Christopher Waller signaled he could back a September rate hold, further exacerbating the Bitcoin rally.　　Bitcoin Price Breaks Out Massive Rally. Source: CoinGecko　　Sponsored　　Sponsored　　Bitcoin Rallies as Iran War Talk Shifts　　The Wall Street Journal reported the private talks on Thursday. Trump reportedly thinks economic pressure alone will force Tehran to concede.　　However, senior aides warned that more escalation could cost Republicans the November midterm elections.　　BREAKING: President Trump is having private discussions with senior aides about potentially declaring the Iran War over, per WSJ.　　Aides are reportedly advising President Trump that an escalation of the war beyond recent strikes could cost Republicans the midterm elections.　　— The Kobeissi Letter (@KobeissiLetter) September 3, 2026　　Bitcoin has traded this war closely, sliding below $77,000 on Tuesday after Trump confirmed fresh strikes near the Strait of Hormuz. So Thursdays bounce fits the pattern.　　The oil market, however, read the same day very differently. Brent crude rose toward $98 a barrel. That is a six-week high, not a peace trade.　　Sponsored　　Sponsored　　Bitcoin and Brent Crude Price

09-04Industry

WikiBit Exchange Exit Scam Risk Report #16 — Hibt: MSB “Sticker Compliance” + 3 Million Users, How Did a “Data Giant” Become a Withdrawal Black Hole?

Introduction: A “Split-Personality” Exchange With Impressive Data and Extremely Difficult Withdrawals　　In the previous 15 editions, we investigated a series of exchanges ranging from HashKey to OrangeX. For the 16th edition, we are looking at one of the most “split-personality” platforms in the crypto industry — Hibt.　　Its resume sounds almost like a crypto “humblebrag” masterpiece:“Registered in Canada in 2021”“Headquartered in Dubai, with operations across Japan, South Korea, and other regions”“Holding Canadian and U.S. MSB registrations”“470+ cryptocurrencies and 500+ trading pairs”“Ranked among the global top 50 exchanges on CoinMarketCap, with over $1 billion in 24-hour spot trading volume”“90% of assets stored in cold wallets”“200+ professional employees”“Serving more than 3 million users worldwide”　　At first glance, this sounds like a platform with the configuration of a top-10 global exchange.　　But on the other side:WikiBit rating: 6.06/10, labeled “No Effective Regulation”Trustpilot rating: 2.2/5, with users openly calling it a “SCAM”Some users report that withdrawal applications have remained under review for more than two months, with funds never returned　　So how did a “data giant” claiming billions in trading volume become a “withdrawal black hole” in users eyes？　　Today, we break it down layer by layer.1. Regulatory Compliance: An MSB Is a “Sticker,” Not a Real License　　Hibts “Compliance Package”

09-03Deep Dive

WikiBit Exchange Exit Scam Risk Ranking #15: OrangeX — Can Two “Compliance Stickers” (Czech VASP + US MSB) Cover Up a Screen Full of “SCAM” Allegations?

Introduction: An Exchange with “Schrödingers Compliance”　　In the previous 14 editions, we investigated a series of exchanges ranging from HashKey to Echobit. In this 15th edition, we take a deep dive into what appears to be a “compliance packaging expert” — OrangeX.　　On paper, OrangeX has an impressive résumé:“Czech VASP license + US MSB registration”“Completed $30 million in funding” ($10 million Series A + $20 million Series B)“Top 50 ranked on CoinMarketCap”“Over $1.5 billion in 24-hour trading volume”“Publicly verifiable Proof of Reserves (PoR)”　　Sounds like a rising star in the regulated crypto industry, right？　　But on the other side:The Seychelles Financial Services Authority (FSA) issued a public warning on October 15, 2025, stating that OrangeX “is not currently authorized” and “has not submitted any application”;Trustpilot gives OrangeX only 1.4/5, with users repeatedly calling it a “SCAM EXCHANGE”;WikiBits risk assessment shows “no confirmed regulation” and “questionable regulatory status”;Users have reported account freezes, blocked withdrawals, and being forced to sign agreements waiving their rights.　　So how can an exchange claiming to hold a “Czech VASP + US MSB dual compliance structure” be publicly questioned by the Seychelles FSA？　　Today, we will break it down layer by layer.1. Regulatory Compliance: Two “Compliance Stickers” Shattered by a Seychelles FSA Warning　　The

09-03Deep Dive

August's Crypto Market Winners Explode as September Danger Looms

While leading crypto assets like bitcoin, ethereum, solana, and several other top 20 contenders saw gains, massive spikes came from a slew of digital assets. The largest gain was a meme coin known as non-playable coin ($NPC), which is trading for $0.01650 and rising 206% over the last 30 days. The native cryptocurrency of the Helium Network, helium (HNT), surged by 188.70% in the same timeframe.　　$NPC, $PROM, $DOG, and $PUMP Join Augusts Breakout Pack　　In third place over the 30-day window, the coin associated with the Prometeus Network, prom ($PROM), was also a triple-digit gainer with a rise of 154.09%. This month saw the rise of another meme coin, issued on the Bitcoin blockchain, dog ($DOG), as it rose 96.65%. The meme coin launchpad platform Pump.funs native coin $PUMP jumped 96.15%, and the layer two (L2) coin stacks (STX) managed to rise 88.05%.　　$NPC/USD market via Kraken on Sept. 2, 2026. Image source: Tradingview.　　Alongside this action, Curve DAO the decentralized autonomous organization (DAO) that governs Curve Finance, saw its native coin CRV spike by 75.48%. This was followed by the digital asset mina protocol (MINA), which logged a 75.48% gain. Rounding out the top ten performers, crypto assets such as convex finance

09-03Exchange

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