Topic: #cryptocurrency
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Bitget Resumes Bitcoin Withdrawals After $387.5M Breach Disclosure
Bitget restarted Bitcoin withdrawals four days after a $387.5 million breach, with CEO Gracy Chen disclosing that attackers exploited third-party vulnerabilities to steal internal credentials. The exchange's cold wallets and user balances remained unaffected.
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Jason Calacanis Calls Meme Coins a 'Giant Scam,' Warns Investors
Tech investor and entrepreneur Jason Calacanis has branded meme coins a "giant scam" and warned investors to avoid them unless prepared to lose their entire investment. He's also distanced himself from all meme coin projects.
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Stellar (XLM) Surpasses Bitcoin Cash (BCH) in Market Cap Rankings
Stellar (XLM) has overtaken Bitcoin Cash (BCH) in cryptocurrency market capitalization, ranking 16th with $7.55 billion as XLM rallies 13% in 24 hours following a technical breakout and Protocol 28 mainnet upgrade.
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Binance lists Hyperliquid's HYPE token for spot trading
Binance has listed HYPE, the native token of Layer-1 trading protocol Hyperliquid, for spot trading. The listing follows perpetual futures contracts available since May 2025, though the token's rapid appreciation and large airdrop distribution present volatility risks for new investors.
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Cardano integrates x402 SDK for ADA-based API payments
Cardano Foundation engineers merged Cardano support into the x402 protocol repository, enabling AI agents and applications to pay for API calls directly in ADA through HTTP requests without accounts or intermediaries.
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Hyperliquid tops 2026 revenue rankings with $429M, burns tokens at scale
Hyperliquid, a decentralized perpetual futures exchange, generated $429 million in revenue between January and September 2026, leading all crypto projects. The platform routes 99% of eligible trading fees into a buyback mechanism that has removed 48.7 million HYPE tokens from circulation.
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DCENT App Wallet users urged to update after abnormal XRP transfers detected
DCENT has urged App Wallet users to update to version 10.0.0 and move assets to a secure wallet after detecting abnormal transfers affecting XRP Ledger and other networks. An XRPL intelligence account identified 6,160 potential victim addresses and 9.3 million XRP stolen.
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Orlen loses $400M in Venezuelan oil scheme routed through crypto
Poland's state oil refiner Orlen lost approximately $400 million in a failed crude purchase from Venezuela, with money converted to cryptocurrency and routed through Dubai intermediaries. Three former executives face charges of negligent supervision.
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Ripple Prime expansion reinforces XRP's role in institutional strategy
Ripple's $1.25 billion acquisition of Hidden Road and launch of Ripple Prime positions the company as a global prime broker, but the expansion into institutional financial services doesn't diminish the role XRP plays in Ripple's broader strategy.
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Sality botnet disrupted, but EggJagger clipboard malware persists on infected devices
A Justice Department operation on Aug. 31 cut off the Sality botnet's ability to deploy fresh malware to 33,000+ infected machines, but CrowdStrike warns that already-installed address-swapping software continues to redirect cryptocurrency payments to attacker-controlled wallets.
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Dogecoin Cofounder Reacts as September Market Selloff Liquidates $361M
September opened with risk assets trading in the red. Dogecoin cofounder Billy Markus posted a sardonic X comment about the selloff, which has liquidated $361 million in crypto positions in 24 hours and pushed DOGE out of the top 10 by market cap.
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Bank Leumi launches direct crypto trading with Galaxy Digital
Israel's largest bank, Bank Leumi, announced a partnership with Galaxy Digital to offer Bitcoin, Ethereum, and Solana trading to its customers, launching in early 2027 and becoming the first bank in the country to provide direct digital asset services.
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Arizona, Pennsylvania, Illinois halt data center tax incentives over energy concerns
Three major US states have reversed or paused data center tax incentives, citing strain on energy grids and fairness concerns as hyperscalers expand operations nationwide.
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XRP ETFs Post $15M Weekly Inflows as Bitcoin, Solana See Outflows
XRP spot ETFs attracted $15 million in net inflows last week, bucking broader crypto weakness. Bitcoin ETFs saw $0.6 million in outflows and Solana funds lost $17 million, signaling selective investor demand across digital assets.
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Senate Faces Week-Long Window to Advance Digital Asset Clarity Act
The Senate heads into recess in one week with the Digital Asset Market Clarity Act still unresolved. An ethics provision stalemate between lawmakers and the White House is the primary blocker, though a procedural vote this week could position the bill for passage in September.
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U.S. Treasury Sanctions Iran Bitcoin Insurance Scheme for Strait of Hormuz
The Treasury Department designated two Iranian firms behind a maritime insurance operation that accepted bitcoin and other digital assets, describing the arrangement as extortion tied to IRGC-backed shipping controls.
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HYPE Token Down 24% as Institutional Deposits to Exchanges Accelerate
Hyperliquid's native token HYPE has lost approximately 24% over the last month, coinciding with large institutional deposits to centralized exchanges and deteriorating technical indicators including an RSI approaching oversold territory.
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SparkKitty malware infiltrates App Store and Google Play, targets crypto wallets
Security researchers have detailed how SparkKitty malware, first discovered in June 2025, spread through Apple and Google's official app stores by disguising itself as legitimate cryptocurrency and messaging apps, then scanned device photos for wallet recovery phrases.
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Bitcoin Quantum Threat Not Immediate, Coinbase CEO Says
Coinbase CEO Brian Armstrong said quantum computing doesn't pose an immediate threat to Bitcoin, but warned the industry must begin preparing now for eventual quantum-resistant security upgrades through a newly launched Bitcoin Security Consortium.
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Dogecoin Co-Founder: Crypto Bear Market Could Last 3-4 Years
Dogecoin co-founder Billy Markus said the current crypto downturn is boring rather than panic-inducing, and suggested consolidation could last three to four years based on historical cycles.
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Airbnb CEO Brian Chesky's X Account Hacked, Posts Crypto Thread
Brian Chesky's X account was compromised earlier this week and used to publish a lengthy thread praising real-world asset tokenization. Chesky responded with a lighthearted remark, though some social media users questioned whether the account had actually been hacked.
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US jobless claims fall to 208K, complicating Fed rate-cut case
Initial jobless claims dropped to 208,000 from 216,000, with continuing claims easing to 1.8 million. The stronger labor market reading reduces the likelihood of near-term Federal Reserve rate cuts, adding pressure to risk assets including cryptocurrency.
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BNB Chain Completes 36th Quarterly Burn, Destroying $932M in Tokens
BNB Chain completed its 36th quarterly token burn, sending 1,615,827.795 BNB to dead wallets worth $931.7 million. The burn reduces total supply toward a target of 100 million BNB via an auto-burn system adjusted quarterly by price and block generation.
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UK Fraud Review Urges Judge Training on Crypto Laundering and AI Scams
A government-backed review recommends judges and magistrates be trained to handle a surge in cryptocurrency money laundering and AI-enabled fraud cases, warning that courts lack equipment and expertise for cases of unprecedented scale.