BIS Tests XRP Ledger to Anchor Official Statistics On-Chain in Proof-of-Concept Paper

A BIS working paper tested the XRP Ledger as a proof-of-concept for verifying official statistics on-chain. Heres what it found.  A Bank for International Settlements (BIS) working paper tests the XRP Ledger (XRPL) as a proof-of-concept for verifying official statistics on-chain, recording cryptographic fingerprints of public datasets that publish in three to five seconds and verify in one to two.  The Working Paper No 1374 essentially asks how statistical agencies can give users an independent way to check the origin and integrity of published data without changing their existing dissemination systems.  International organizations (the BIS among them) rely on the SDMX standard to exchange official statistics, and the prototype binds each SDMX dataset to its source by hashing it and writing a single summary value to the ledger.  Though only the fingerprints reach the chain, never the underlying numbers, so confidential data stays off-ledger, and the method extends to formats such as XBRL. The BIS has tested public blockchains before, including Project Mariana, which trialed wholesale central bank digital currency settlement on a public chain with the central banks of France, Singapore, and Switzerland.  The system normalizes each file with Canonical XML 1.1, hashes it with SHA3-512 at the whole-file and per-series level, and collapses

09-06انڈسٹری

U.S. Strikes Three Iranian Oil Tankers After Missile Attacks

The U.S. military struck three Iranian oil tankers on Sept. 5 after Iran fired missiles toward two American warships. CENTCOM said its forces disabled two carriers near Kharg Island and Jask. American forces also destroyed another tanker in the Gulf of Oman.  The strikes followed what CENTCOM described as multiple Iranian attacks against a U.S. aircraft carrier and guided-missile destroyer. However, the American ships evaded the missiles, and no U.S. personnel suffered injuries.  U.S. Targets Irans Oil Network  CENTCOM said the tankers form part of a multibillion-dollar network supporting the IRGC and regional proxies. Moreover, the command warned that Irans exposed oil fleet could face further strikes.  Related: Bitcoin Price Prediction: Can BTC Push to $84,000 Before the Fed Meets Again?  “Let the message to the IRGC be clear: If you shoot at two of our ships, we will impose an even higher economic cost —taking out three of yours,” Adm. Brad Cooper said.  Additionally, fighting has intensified since the 60-day ceasefire expired last month. As a result, attacks have spread across Gulf states, including the UAE, Bahrain, Kuwait and Jordan.  Oil Routes Face Growing Risks  The attacks also put the Strait of Hormuz back in focus. Traders are watching for any disruption that could tighten oil supplies

09-06انڈسٹری

Fake Ministry Letter: 19% VAT on Crypto Purchases

If a letter reaches you demanding, in the name of the Federal Ministry of Finance, 19 percent VAT on your purchase of cryptocurrency, the answer is short: no such claim exists in German tax law, and the ministry does not send it. The Federal Ministry of Finance has listed this exact letter as a forgery on its warning page since September 1, 2026. Pay nothing, do not reply, click no link.  The case still deserves more than three sentences, because this wave is better built than the usual bulk emails. The perpetrators cite real transactions, they use official terminology, and they hit a nerve: since the start of 2026, trading platforms have been reporting user data to the tax authorities, and many investors are expecting mail from the authorities anyway. That expectation is exactly what the scam exploits.  Fake finance ministry letters on crypto VAT: what the ministry reported on September 1  On the page warnings from the Federal Ministry of Finance, as of September 1, 2026, the case is set out in spare words. In a forged letter, the ministry supposedly confirms that a company selling cryptocurrency, meaning a crypto exchange or a crypto broker, is authorised to collect 19 percent VAT

09-06انڈسٹری

Bitcoin Quantum Risk: Check Your Addresses

If you hold your own Bitcoin, the most important question in the quantum debate is not a question about the future. It is one you can answer today on a block explorer: has your address ever revealed its public key? That single fact decides whether a future quantum computer could attack your coins at all. Addresses that have never sent anything do not show their key. Addresses you have spent from show it permanently.  The occasion for this article is a paper that, at first glance, has nothing to do with cryptocurrencies. On September 3, 2026, the G7 Cybersecurity Working Group, chaired by France, published the joint statement “Preparing for the Post-Quantum Era: A Call to Action”. The message: do not wait for the first capable quantum machine, but take stock of your own encryption now and start migrating. For you as a holder of Bitcoin, that is not an abstract matter for government agencies. The first European milestone for the switch expires at the end of this year, and the question of which of your addresses are exposed is a question of custody.  This article answers three things: what on a blockchain would actually be vulnerable, how you can check your

09-06انڈسٹری

Ripple CEO Says US Crypto Capital Goal Is Now 'Within Reach'

Key TakeawaysRipple CEO says Americas crypto capital goal is within reach.CFTC chairman says financial innovation is being built on American soil.The CLARITY Act remains the next major test in Congress.  Garlinghouse Renews US Crypto Leadership Call  Ripple CEO Brad Garlinghouse renewed his support for President Donald Trumps digital asset agenda on Sept. 3, revisiting an Aug. 19 White House meeting attended by financial and technology executives. In a post on X, Garlinghouse stated:  “Proud to be in the room. Making America the crypto capital of the world is within reach – lets finish the job”  The Ripple executive shared a new post from Commodity Futures Trading Commission (CFTC) Chairman Michael S. Selig that credited Trump with bringing leading innovators into the White House last month. Selig remarked that under Trump‘s leadership, “we’re ensuring that the new frontier of finance is built on American soil.”  Seligs latest post echoed a broader policy case he had made during the Aug. 19 White House meeting. In those remarks, the CFTC chairman connected regulatory clarity with investment, employment, and domestic technological development. He also said the United States must write the rules governing the next generation of financial markets rather than allow other countries to set them.  Discover more  Brokerages &

09-06انڈسٹری

Elon Musk was baited into a $80M memecoin trap – Heres how

The crypto market is increasingly becoming uncontrollable in scams, with social engineering being one of the avenues. Recently, Elon Musk was baited into promoting a scam memecoin token, SLINK, linked to his company, Neuralink.  The memecoin token, Shivolink [SLINK], surged past $80 million in a few hours before crashing by over 95%. Here is how the events unfolded:  How Elon Musk was social engineered to promote SLINK  The X account of Shivon Zilis, a Neuralink executive who is also the mother of Elon Musks four children, was compromised. The hacker then made a post that did not make it obvious that it is a crypto project.  The post was an effective way to use social engineering to get Elon to react. However, Ryan Tanaka, a podcaster about Neuralink, said that someone hacked Shivons X account. He wrote,  This post below is very likely compromised.  But after Elon replied to the Neuralink post with an emoji, Ryan admitted he was wrong, which suggested Elon backed the project. As a result, the memecoin rallied aggressively.  Source: X  However, this sudden rally did not last, as the aftermath proved it was a pump-and-dump scheme.  The post on Shivon‘s account was deleted, leading to the coin crashing below $1 million in market cap.

09-06انڈسٹری

Bitcoin Gold Correlation Climbs to 0.50 as Nasdaq Link Hits Yearly Low

TLDR:Bitcoins 90-day correlation with gold reached +0.50, more than doubling from early 2026 levels.Bitcoins Nasdaq 100 correlation fell to about 0.30, marking its lowest level in one year.The correlation surge accelerated after Treasury debt buybacks doubled to at least $4 billion.Gold and Bitcoin are drawing attention as scarce assets amid currency and fiscal concerns.  Bitcoin and gold are moving closer together as investors shift toward scarce assets amid growing fiscal and currency concerns. The 90-day correlation between Bitcoin and gold has reached +0.50, more than doubling since the start of 2026.  At the same time, Bitcoins correlation with the Nasdaq 100 has fallen to about 0.30, marking a one-year low. The divergence signals a sharp change in how BTC has traded alongside traditional markets this year.  Bitcoin Gold Correlation Reaches +0.50  The Kobeissi Letter reported that Bitcoins 90-day correlation with gold now stands at +0.50. The figure nearly matches the record reached during the 2020 pandemic.  Bitcoin and gold are increasingly moving together:  The 90-day correlation between Bitcoin and gold prices is up to +0.50, almost matching the all-time high set during the 2020 pandemic.  This figure has more than doubled since the start of the year.  By comparison, following the…  The current reading has more than doubled from

09-06انڈسٹری

LeBron James Teases New Partnership With Prediction-Market

LeBron James has teased a partnership with Polymarket after visiting the prediction-market companys headquarters.  The Philadelphia 76ers forward shared a 14-second video on X and Instagram on Saturday. He captioned the clip, “Welcome to Polymarket HQ. Coming soon,” while identifying it as a partnership with Polymarket.  The video provides few details about the deal. It remains unclear whether James will appear in Polymarket advertising or take on a broader role. Polymarket reposted the video and thanked James for visiting its headquarters.  James Free Agency Drew Heavy Trading  The teaser follows James recent free-agency decision, which generated about $273 million in prediction-market trading. Traders largely failed to anticipate his move to Philadelphia.  Related: Connecticut AG Warns Against Offshore DeFi Platforms After Resident Loses $200K  The decision highlighted the uncertainty surrounding major sports events and the growing attention prediction markets attract.  Polymarket Faces Regulatory Scrutiny  James post also faced criticism from some fans, who accused him of promoting gambling.  Polymarket is also facing legal pressure over its sports contracts. About 20 states have brought cases involving Polymarket, Kalshi, or both. The states claim some of these contracts amount to illegal sports betting. The companies disagree and argue that their contracts fall under federal financial-market rules.  Related: Ripple Signs Multi-Year Partnership With Florida

09-06انڈسٹری

Strategy Joins SpaceX, Google, Intel as Top US Equity Issuers

Key TakeawaysPhong Les chart ranks Strategy fourth with $20.9 billion issued.SpaceX leads with $86.3 billion, followed by Alphabet and Intel.Strategy uses equity sales to fund bitcoin and manage liquidity.  Strategy Reaches the Top Four  Strategy Inc. (Nasdaq: MSTR) joined some of America‘s largest technology companies near the top of the equity capital market after issuing $20.9 billion this year, according to a chart CEO Phong Le posted Sept. 3 on X. The ranking reinforces the company’s goal of using bitcoin, digital credit, and equity to expand its balance sheet. The graphic cited ECM Analytics, Dealogic, Capital IQ, and company filings among its sources.  Le‘s chart placed SpaceX first at $86.3 billion, Alphabet, Google’s parent company, second at $25.7 billion, and Intel third at $23 billion. SpaceX separately reported that its June initial public offering generated about $85.7 billion in net proceeds after underwriting commissions and offering costs, accounting for nearly all of its charted total.  Discover more  NEWS  News  Distributed & Cloud Computing  How Strategy Raised and Used the Capital  Strategys position reflects repeated sales of MSTR common shares and several preferred stocks rather than one large offering. Its latest Form 8-K filed with the Securities and Exchange Commission showed $602.8 million in net MSTR proceeds from Aug. 24

09-06انڈسٹری

RedSonic Vault Exploit Drains 9.25 ETH in Ethereum Flash Loan Attack

TLDR:RedSonic Vault lost 9.25 ETH after an attacker exploited a dual-asset pricing flaw entirely.A permissionless registerErc20 function let the attacker add a second, conflicting stETH share class.The attacker flash-loaned 1,139 WETH from Balancer and needed zero starting capital of their own.ExVulSec traced the full exploit, including the Curve swap and the final loan repayment step.  A flash loan attacker drained 9.25 ETH from Ethereums RedSonic Vault in a single transaction. Blockchain security firm ExVulSec identified the exploit and published a full technical breakdown.  The attacker manipulated a permissionless asset-registration function to double count the same underlying collateral. On-chain records show the entire operation executed inside one self-contained transaction.  How the RedSonic Vault Exploit Unfolded  The attacker flash-loaned 1,139 WETH from Balancer to fund the entire operation. No upfront capital of their own was required.  RedSonic‘s vault prices its rsvETH shares through a function called getTotalAssetBalance. For the Lido position, that function reads the vault’s raw stETH balance directly.  That design choice became the exploits foundation. Share prices tied directly to a raw balance can shift if that balance changes unexpectedly. No corresponding shares need to be minted or burned.  Discover more  Engineering & Technology  Currencies & Foreign Exchange  Digital Currencies  The vaults registerErc20 function carried no access restrictions, according to ExVulSec.

09-06انڈسٹری
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