Bitcoin Red Team founder turns to Chinese AI: ‘It absolutely guts me’

A Bitcoin security researcher says he has been forced to go back to using open-source Chinese AI models after finding himself restricted from analyzing further codebases by OpenAI, highlighting a growing concern that the most capable AI tools arent being made available to defenders.  In an X post on Tuesday, AnchorWatch CEO Rob Hamilton said he had begun integrating OpenAIs Trust & Cyber capabilities into his Bitcoin Red Team work on Saturday, only to find his access restricted the following morning.  “It absolutely guts me as a patriotic American to have to do this, but I will be going back to using Chinese open source models to conduct my research to protect Bitcoin infrastructure,” he added.  Bitcoin Red Team, a group of volunteers, has been using AI tools and human review to scan hundreds of open-source Bitcoin-related repositories for vulnerabilities, with efforts accelerating days after the Coldcard hardware wallet hack, which has seen over $100 million in Bitcoin stolen.  Last month, crypto executives told Cointelegraph that many of cryptos biggest players are still waiting to gain access to powerful new AI models to strengthen their code from attacks, with only a select few having been able to get it.  “I am now prevented from being

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Judge stays CFTCs case against US soldier over prediction market bets

A federal judge ordered that a civil case initiated by the US Commodity Futures Trading Commission (CFTC) be stayed pending the outcome of a criminal case against a US soldier who is alleged to have used nonpublic information to profit from a Polymarket event contract on the removal of Venezuelan President Nicolás Maduro.  In a Monday ruling in the US District Court for the Southern District of New York, District Judge Andrew Carter granted a motion filed by prosecutors in July to stay the CFTCs civil case “pending the outcome of the criminal proceeding.”  The cases against Gannon Ken Van Dyke, a US Army Special Forces Master Sergeant, involve allegations of making more than $400,000 on Polymarket event contracts tied to Maduros removal. According to the US Justice Department, Van Dyke was involved in the operation to oust Maduro in January, leading to allegations he used nonpublic information to profit on prediction markets.  The criminal and civil cases, both filed in April, could have significant implications for lawmakers and government officials using prediction markets. The US soldier has already filed a motion to dismiss the criminal indictment on different legal theories, including that the CFTCs enforcement of event contracts as “swaps” on prediction

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Luke Dashjr removed as Bitcoin Improvement Proposal editor

Bitcoin developer Luke Dashjr has been removed as an editor of Bitcoin Improvement Proposals following a dispute over his role in BIP 110.  Bitcoin developer Mark Erhardt opened the pull request on Sunday after recommending Dashjrs removal on the Bitcoin Developer mailing list.  Erhardt said Dashjr had been “heavily involved” in creating and implementing BIP 110 and alleged that he unfairly favored the proposal while serving as an editor, including by attempting to assign it a BIP number before mailing-list discussion and quickly merging an update to it.  Bitcoin developer Jon Atack said he had verified that Dashjr no longer had editor or administrator privileges in the BIPs repository following the mailing-list discussion. Atack then merged the pull request, removing Dashjr from the list of BIP editors.  “This is just an abuse of power by Core,” Dashjr said. “They have no authority to do so.”  BIP 110 sought to temporarily restrict the amount of arbitrary data that could be embedded in Bitcoin transactions. The proposal triggered a minority chain split after nodes enforcing it rejected blocks from miners that did not signal support, but the fork quickly stalled with little hashpower support.

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Payments platform Decta explores stablecoin-enabled treasury settlement

Payments platform Decta will use USDC to settle its own funds internationally, bringing stablecoins into its back-end treasury operations.  Decta said Tuesday that it will use OpenPayd, a financial infrastructure company, to convert company funds into USDC for international settlement, according to an announcement shared with Cointelegraph.  “This is a proprietary treasury use case rather than a customer-facing payments flow,” Lux Thiagarajah, chief commercial officer at OpenPayd, told Cointelegraph.  “Decta transfers its own funds into OpenPayd‘s regulated infrastructure, where they are converted into USDC via OpenPayd’s over-the-counter capabilities to support international operational settlements,” he added.  The integration shows how stablecoins are moving into traditional payments infrastructure as a tool for internal treasury and liquidity management, without making stablecoins part of its customer-facing payment services.  Stablecoins move into payments firms treasury operations  Decta said the integration will help it move funds between its entities internationally, manage liquidity and streamline treasury operations.  Scott Dawson, CEO of Decta UK, said the company wants technology to make its financial operations faster, simpler and more resilient while maintaining its existing controls and regulatory discipline.  Founded in 2015 in London, Decta is a payments platform that provides payment processing, acquiring, card issuing, banking and other financial infrastructure to businesses. The company operates across 32

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Bitcoin Miner Riot Secures Massive Deal With Anthropic

Riot Platforms has managed to get a massive long-term contract with artificial-intelligence company Anthropic.  Anthropic has agreed to lease 191 megawatts of capacity at Riots Rockdale, Texas, campus under a 20-year agreement, according to a recent report by Bloomberg.  Riot said the contract is expected to generate about $9.1 billion in revenue. The agreement also contains two five-year extension options that could lift the total value to as much as $16.1 billion.  Riots Rockdale has 700 megawatts of grid interconnection capacity. The mining behemoths broader portfolio includes about 1.7 gigawatts of fully approved power capacity.  The Anthropic agreement follows Riots earlier partnership with Advanced Micro Devices, which helped establish its data-center business. AMD initially agreed to lease 25 megawatts at Rockdale before exercising an option to double its contracted capacity to 50 megawatts. Riot reported $33.2 million in data-center revenue in the first quarter.  Selling billions worth of Bitcoin  Riot has been persistently selling BTC throughout the year. In the first quarter of 2026 alone, the company sold 3,778 BTC for approximately $289.5 million, at an average net price of $76,626 per Bitcoin.  The amount sold was more than twice the 1,473 BTC Riot mined during the quarter.  Shiba Inu News  That wasnt Riots first major liquidation. In December

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BTCPay offers $190,000 bounty after bitcoin payment servers drained in exploit

SummaryBTCPay Server is offering a bounty of 10% of any recovered stolen bitcoin, up to 3 BTC, to anyone with information leading to the funds return, including the attacker.The theft stemmed from a vulnerability that let attackers obtain LND Lightning node credentials and drain connected wallets, affecting merchants including Foundation and Citadel21.BTCPay has enlisted exchanges, blockchain analytics firms and law enforcement to help trace the funds, while urging merchants to report losses and keep most holdings in cold storage.The flaw was identified by researchers tied to the volunteer Bitcoin Red Team, which is using AI tools to scan bitcoin projects for bugs, and BTCPay is compensating them with BTC donations.  Node provider BTCPay Server said Tuesday it is funding a bounty for the return of bitcoin stolen from merchants last week, offering 10% of whatever is recovered up to a maximum of 3 BTC, worth roughly $190,000 at current prices.  The offer is open to anyone with useful information, including the attacker. The project asked people to write to its security address and said secure channels are available on request.  If several reports lead to a recovery, the bounty will be split with the victims according to how much each lost and how

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The Billionaire Who Fell Naked from the 30th Floor: A Profile of the Crypto Tycoon’s Mysterious Deat

At 4:30 a.m. on August 7, 2026, beneath the Jade Park apartment building in Asunción, Paraguay, the body of a naked man was found lying quietly on the ground, covered with a black plastic bag. He had fallen from the 30th floor. The apartment door on the 30th floor was left open, and the interior was found in complete disarray.  The 29-year-old Brazilian girlfriend, who lived on the 27th floor, told police officers who arrived to collect evidence:  “I dont know anything.”  The deceased was Harry Chun Tak Yeh, whose Chinese name was Ye Junde. He was an early Bitcoin OG who entered the market in 2013, when Bitcoin was still around $60. He was the founder of Quantum Fintech Group and the operator behind Tomb Finance. He once claimed to manage $2.4 billion in assets and pushed Tomb Finance to a peak market capitalization of $1.6 billion.  Then, the project went to zero — and so did the man.  This was not the first case, and it certainly will not be the last.  Today, we take a look at the “spectacular deaths” of major figures in the crypto industry over the past decade. We rank them based on levels of mystery, personal wrongdoing, and impact.

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The Billionaire Who Fell Naked from the 30th Floor: A Profile of the Crypto Tycoon’s Mysterious Deat

At 4:30 a.m. on August 7, 2026, beneath the Jade Park apartment building in Asunción, Paraguay, the body of a naked man was found lying quietly on the ground, covered with a black plastic bag. He had fallen from the 30th floor. The apartment door on the 30th floor was left open, and the interior was found in complete disarray.  The 29-year-old Brazilian girlfriend, who lived on the 27th floor, told police officers who arrived to collect evidence:  “I dont know anything.”  The deceased was Harry Chun Tak Yeh, whose Chinese name was Ye Junde. He was an early Bitcoin OG who entered the market in 2013, when Bitcoin was still around $60. He was the founder of Quantum Fintech Group and the operator behind Tomb Finance. He once claimed to manage $2.4 billion in assets and pushed Tomb Finance to a peak market capitalization of $1.6 billion.  Then, the project went to zero — and so did the man.  This was not the first case, and it certainly will not be the last.  Today, we take a look at the “spectacular deaths” of major figures in the crypto industry over the past decade. We rank them based on levels of mystery, personal wrongdoing, and impact.

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CLARITY Act gets White House push before Sept. 15 vote

White House crypto adviser Patrick Witt said on Aug. 11 that the Trump administration remains committed to getting the CLARITY Act through Congress in September.  In a post, Witt said the administration is “fully committed to getting the Clarity Act across the finish line in September.” His statement came after Senate Majority Leader John Thune filed cloture on the motion to proceed to H.R. 3633.  Witt said negotiations with Democrats would continue through the vote. He also blamed Democratic delays for leaving the U.S. behind in digital assets and weakening efforts against crypto crime. That is the administrations position, rather than a settled account of why the bill stalled. A Reuters report found that some Republicans also have concerns involving stablecoin rewards, community bank deposits and money laundering protections.  CLARITY Act now faces a Sept. 15 procedural test  The Senate Daily Press schedule says lawmakers return for regular business on Sept. 14. The cloture motion covering H.R. 3633 will then ripen at 2:15 p.m. ET on Sept. 15. The vote concerns whether the Senate proceeds with consideration of the legislation. It is not a final passage vote.  The measure needs 60 votes to clear the cloture threshold. As crypto.news reported in earlier September vote coverage,

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TRON USDT transfers hit $2.1T as U.S. access expands

TRON processed $2.1 trillion in USDT transfers during the second quarter of 2026 as its stablecoin market reached a record $89.2 billion, according to Messaris Aug. 10 report.  SummaryTRON processed $2.1 trillion in USDT transfers during Q2 as stablecoin supply reached record levels.USDT supply ended Q2 at $87.9 billion, giving TRON the largest circulating balance among blockchains.Network fees rose 15.9% quarterly to $699.4 million, reversing declines after the 2025 fee cut.Bitnomial launched regulated U.S. TRX futures in July after introducing spot trading during the quarter.Canary amended its staked TRX ETF filing in July, targeting Cboe BZX under ticker TRXS.  USDT accounted for $87.9 billion, or 98.5% of stablecoins on the network, putting TRON ahead of Ethereums $78.7 billion USDT balance at quarter end.  TRONs stablecoin footprint continued to expand in Q2.  Stablecoin market cap reached a record $89.2B, while the network processed $2.1T in USDT transfers during the quarter and ended Q2 as the largest host chain for circulating USDT.  Read the full State of TRON Q2 2026 report…  — TRON DAO (@trondao) August 10, 2026  The quarter also brought a broader U.S. route into TRX. Binance.US restored spot trading, Bitnomial added TRX to its regulated U.S. markets and Canary Capital continued work on a proposed staked

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