Bitcoin traders bet borrowed money on a rally as oil surges ahead of Fridays inflation test

Bitcoin is holding above $78,000 as Brent crude breached $100 and rising Treasury yields revived inflation fears.  Related Asset Bitcoin #1 BTC · $78,598.14 24-hour change: down 0.31% 24H Down 0.31% 7D Up 1.78% 30D Up 22.39%  Data from CryptoSlate showed the flagship cryptocurrency trading around $78,451 at press time, with little sign of the pressure spreading across bond and energy markets after an escalation in the Middle East pushed Brent above the threshold for the first time since July 24.  Brent touched $100.19 before easing slightly, extending a roughly 25% advance since early August as attacks on shipping and energy infrastructure raised fresh concerns about supplies through the Strait of Hormuz and Red Sea. The US 10-year Treasury yield climbed toward 4.81% as investors weighed the inflationary consequences of another surge in energy costs.  Mohamed El-Erian, the chief economic advisor at Allianz, said Brents move above $100 has sharpened focus on the economic, political and social consequences of higher US gasoline prices. He also pointed to the accompanying rise in bond yields.  That combination has historically been difficult for Bitcoin. Higher oil prices can reinforce inflation, reduce the Federal Reserves room to ease and push real yields higher, increasing the relative appeal of interest-bearing

09-09انڈسٹری

XRP ETFs Keep Drawing Wall Street Money as Bitcoin, Ethereum Bleed

US-listed XRP ETFs saw $1.55 million in inflows on September 8, the largest among 12 spot crypto fund groups. Only Hedera (HBAR) products joined them, with $431,180.  Four groups lost money, and six recorded no flow at all. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) had not all fallen on the same day since July 9.  Sponsored  Sponsored  Bitcoin, Ethereum, and Solana Bled Together for the First Time Since July  BTC funds lost $46.65 million, the heaviest loss in the group. Ethereum products followed with $24.29 million. Solana products shed a slimmer $667,719.  Those three had not fallen together in the previous 41 sessions. Hyperliquid (HYPE) funds lost $12.96 million, erasing the $10.52 million they collected on September 4.  Those four accounted for every dollar that left, $84.56 million in total, according to SoSoValue records.  US Spot Crypto ETF Net Flows Across 12 Groups, September 8, 2026. Source: SoSoValue/BeInCrypto  Follow us on X to get the latest news as it happens  For XRP, Franklins XRPZ fund absorbed the entire $1.55 million inflow. The Bitwise, Canary, 21Shares, and Grayscale products all printed zeros.  Sponsored  Sponsored  The Avalanche (AVAX), BNB (BNB), Dogecoin (DOGE), Polkadot (DOGE), Chainlink (LINK), and Litecoin (LINK) funds all printed zeros. Momentum had already drained from the altcoin groups the previous week.  Monthly

09-09انڈسٹری

Gaming Contacts Became a $245 Million Crypto Theft Ring, Leader Pleads Guilty

Malone Lam pleaded guilty on Tuesday to a racketeering conspiracy that drained more than $245 million in cryptocurrency.  The 22-year-old Singaporean citizen led a group that talked its way past people rather than past software. Prosecutors say the enterprise ran from October 2023 through at least May 2025.  Sponsored  Sponsored  Malone Lam Guilty Plea Caps a Two-Year Theft Spree  According to the court documents, Lam was the ringleader of the international cybercrime conspiracy. He organized the enterprise, identified the targets, and coordinated the roles of the other conspirators. Lam used the aliases “Anne Hathaway,” “$$$” and “King Greavy.”  The scheme was developed through connections made on online gaming platforms. Its members operated from California, Connecticut, New York, Florida, and abroad.  Follow us on X to get the latest news as it happens  ???????????? Malone Lam pleads guilty over $245M Bitcoin social engineering heist  The 22-year-old Singaporean admitted his role in the operation that stole more than 4,100 BTC from a single Washington, D.C. victim in August 2024.  Members of the group impersonated Google and Gemini… pic.twitter.com/zg91LDPsnw  — Dark Web Informer (@DarkWebInformer) September 8, 2026  The group used social engineering and occasionally broke into homes to obtain the information that let it drain victims wallets.  The case began with a September 2024 indictment over

09-09انڈسٹری

Binance EU MiCA licensing gap: 45% market share despite missed deadline

Months after the European Union‘s hard deadline for crypto licensing passed, Binance is still opening accounts and processing trades for customers across the bloc, according to a Bloomberg report. The gap between what regulators intended and what the world’s largest crypto exchange is actually doing has turned Binance EU MiCA licensingcompliance into one of the more awkward test cases for Europes new crypto rulebook.  Key takeawaysBinance missed the EUs MiCA licensing deadline on July 1, 2026, after withdrawing its Greek application on June 24, 2026.The exchange keeps serving EU users through the reverse solicitationexemption and by routing some trades through an Abu Dhabi entity.ESMA has contacted Binance directly, seeking confirmation that it is genuinely winding down EU business rather than continuing it under a different label.Binance still controlled more than 45%of global spot trading volume in late August, despite lacking MiCA authorization.Frances ACPR flagged anti-money-laundering gaps at Binance, which is now pursuing a MiCA license through the AMF; about 2 millionFrench users lost trading access on July 1.  Binance Misses EU MiCA Licensing Deadline but Continues Operations  Binance did not secure the authorization it needed to keep operating across the EU when the transition period under the Markets in Crypto-Assets regulation closed on

09-09

WikiBit Exchange Exit Risk List #21: WEEX: 8 Years in Business, a 1,000 BTC Fund, La Liga Sponsorship — So Why Are Users Still Complaining, “They Only Let Me Withdraw After I Delete My Posts”?

Introduction: A Veteran Exchange with an Almost Schizophrenic Reputation  In the previous 20 editions, we investigated a series of crypto exchanges, from HashKey to Bitunix. For the 21st edition, were taking a look at a particularly “schizophrenic” veteran exchange — WEEX .  On paper, its résumé looks impressive:  “Founded in 2018,” “8 years of operations,” “more than 10 million users across 170+ countries,” “Top 10 in derivatives on CoinGecko,” “approximately $15 billion in daily futures trading volume,” “official partner of La Liga,” “a 1,000 BTC User Protection Fund,” “102% USDT reserves, 115% ETH reserves, and 122% BTC reserves,” and “four licenses/registrations in the United States, Canada, El Salvador, and Saint Vincent and the Grenadines.”  Sounds like the perfect profile of a long-established, stable, major exchange, right?  But on the other side of the story, the picture looks very different.  In March 2025, the U.S. state of Georgia issued a cease-and-desist order against it for operating a money transmission business without a license. WEEX is not MiCA-compliant, and it does not appear on the ESMA CASP register. WikiBit rates it as having “regulatory abnormalities,” with the regulator-reported status listed as revoked.  Trustpilot suspended WEEX‘s rating over suspected review manipulation, while users in the review section have complained about

09-09گہرا غوطہ

Mexico quadruple homicide tied to alleged Bitcoin robbery attempt

Two suspects in the killing of four people in Mexico allegedly sought a cold wallet they believed held millions of dollars in Bitcoin, news outlet La Jornada reported on Saturday, citing an update from the Attorney Generals Office of the State of Mexico (FGJEM).  Diego Sebastián and Gerardo, whose surnames were withheld, are scheduled for a court hearing on Wednesday, where a judge will determine whether there is sufficient evidence for criminal proceedings against them to continue, reported Diario de México on Sunday.  The FGJEM announced the arrests of the two suspects in a Sept. 2 X post.  According to La Jornada, prosecutors accuse the two men of killing Jonathan Meléndez, keyboardist for rock band Camilo Séptimo, his pregnant wife, his daughter and an employee in their home in the municipality of Atizapán de Zaragoza. The familys golden retriever was also killed.  The FGJEM said the suspects could face 25 to 70 years in prison per homicide victim if convicted, according to La Jornada.  One suspect was a business associate of one of the victims and allegedly used the relationship to enter the home, Mexicos security secretary, Omar García Harfuch, said in a Sept. 2 X post.  Physical attacks target crypto holders  Crypto wrench attacks involve violence

09-08انڈسٹری

Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares

Michael Saylors Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock.  Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to a Tuesday filing with the US Securities and Exchange Commission.  The company also doubled the size of its Digital Credit Securities Repurchase Program to $2 billion. With no new purchases, Strategys holdings sit at 845,050 Bitcoin (BTC), acquired for a total of $63.6 billion, at an average purchase price of $75,412 apiece.  Last week, Strategy made its first BTC buy since mid June, with a $370 million purchase.  While STRC‘s share price was largely flat in premarket activity on Tuesday, trading at $97.70, or a 2.3% discount from its intended $100 par value, the company’s Nasdaq-traded MSTR common stock was down more than 3% at last look, according to Yahoo Finance.  STRC is one of Strategy‘s main vehicles to fund its Bitcoin accumulation. Trading below par limits Strategy’s ability to raise funds through STRC sales and may force the company to further increase its dividend rate.  Strategy unveiled a capital framework on June 29 to allow Bitcoin sales to fund dividends and increased the annual

09-08انڈسٹری

Circle to acquire Tazapay to expand USDC cross-border payments

Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a deal expected to close in 2027.  The transaction will also require customary closing conditions and approval from the Monetary Authority of Singapore, Circle said in a Tuesday announcement.  Tazapay has more than $25 billion in annualized payment volume and serves more than 60 banking and fintech partners with local payout rails covering more than 100 markets. The company said in August 2025 that annualized payment volume was $10 billion.  Circle previously invested in Tazapay, including in the startups August 2025 Series B round that brought the total amount raised to $57.9 million, according to Traxcn data. XRP-issuer Ripple was also an investor in that round.  Stablecoins account for about 60% of Tazapays transaction volume, according to Circle. The company said the acquisition will expand its ability to route payments to and from Asia-Pacific and emerging markets.  “This acquisition will increase Circles capability to originate and terminate payments globally, near-instant and 24/7, which is a meaningful step toward making USDC the default payment rail for cross-border commerce,” said Irfan Ganchi, senior vice president of payments at Circle.  Tazapay has been a design partner for the Circle Payments Network since 2025. Circle said Tazapay customers should

09-08انڈسٹری

Ledger CTO urges AI bug hunter responsibility, warns against ‘attention farming’

Hardware wallet makers Ledger and Trezor called for more responsible disclosure of security vulnerabilities.  In a Monday post on X, Ledger chief technology officer Charles Guillemet said artificial intelligence has made bugs easier to find and exploit. However, some researchers are publishing their findings before fixes are available, a practice he called “attention farming with someone elses risk.”  Guillemet urged researchers to report bugs privately and agree on a timeline for fixes before publishing details. He cited 90 days as a common default, with flexibility depending on the severity of the flaw and the work needed to fix it.  “Ninety days is a commitment on the vendor, not just on the researcher,” Jan Komárek, Trezors head of security, told Cointelegraph.  “Researchers: come to us first, agree a timeline, then publish in full, and if we fail to ship a fix in that window, publish anyway,” he said.  Hardware wallet security has come under scrutiny after Coldcard thefts exceeded $100 million and a data breach at Trezor‘s shipping provider exposed tens of thousands of customers’ personal information.

09-08انڈسٹری

Uzbekistan begins government bond-backed stablecoin payment pilot

Uzbekistan has launched a pilot to test payments with a som-pegged stablecoin backed by government securities.  On Monday, the National Agency for Prospective Projects (NAPP) said it had registered Humo Digital as a participant in a special regime jointly overseen with the central bank. The pilot will test the issuance, circulation and redemption of HUMO, with each token pegged to one Uzbek som.  NAPP said more than 20 merchants are prepared to test HUMO payments for goods and services.  The project will also integrate participating banks payment-processing and blockchain infrastructure. Asterium, a licensed crypto exchange, will serve as a project partner.  According to the Central Bank of Uzbekistan, the initial trial will run for 12 months, with the project‘s total duration capped at three years. Regulators will assess the adequacy and safeguarding of the token’s collateral, cybersecurity, consumer safeguards, anti-money laundering controls and risks to financial and price stability.  The pilot follows a framework approved in November 2025. At the time, Uzbekistan said it was planning to permit stablecoin payment trials under a sandbox, alongside provisions for tokenized shares and bonds.

09-08انڈسٹری
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