The Firo hard fork was 153 blocks away from activation early Friday, leaving wallet users and network operators only hours to install software that repairs an August vulnerability in the privacy coin’s Spark transaction system. The chain reached block 1,370,847 at 1:45:47 a.m. UTC on Sept. 4. The fork activates at block 1,371,000, which Firo …
Monthly archives: September 2026
Bitcoin faces a two-week Fed trap as inflation rewrite threatens to upend rate cuts
Bitcoin’s next Federal Reserve test is split across two dates. The Federal Open Market Committee will decide policy on Sept. 16 after seeing August payrolls, producer prices and consumer prices. Official August personal consumption expenditures inflation, along with a Bureau of Economic Analysis annual update that will revise the PCE series, is not scheduled until …
Is ‘This Time Is Different’ Really Different for Bitcoin Price?
As the almost 18-year-old bitcoin market is notorious for recycling the same claims that haven’t come true yet, once again, there’s not much difference in the “this time is different” claims, as the observed change simply fits the long-term pattern. Since mid-August, analysts have started talking about the differences in this bitcoin (BTC) cycle more …
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AEREDIUM Targets Single-Key Risk as Crypto Hacks Jump 67%
The cryptocurrency sector recorded 50 major hacks in August 2026, though total financial losses dropped 49.5% to $136.3 million. Security analysts and industry leaders emphasize that many major DeFi breaches stem from a single point of failure. Crypto Exploits Surge in August as Financial Losses Drop The cryptocurrency sector saw a sharp rise in security …
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Connecticut AG Issues Crypto Alert After Investor Loses $200K
Connecticut’s attorney general warned consumers about offshore DeFi trading platforms after a resident deposited $200,000 through an apparent deception and could not recover the funds. The alert also highlighted leverage, synthetic assets, and limited recourse. Connecticut Links $200,000 Loss to Unregulated DeFi Exchange A Connecticut resident cannot recover $200,000 deposited into an unregulated decentralized finance …
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US and UK Form First-of-Its-Kind Alliance Against Crypto Scams
The United States and United Kingdom formed a first-of-its-kind enforcement alliance targeting overseas cryptocurrency scam centers blamed for nearly $10 billion in annual American losses. The agreement establishes parallel investigations, information sharing, jurisdictional coordination, and case prioritization. US and UK Agencies Coordinate Scam Center Cases Federal prosecutors and British authorities established a joint framework on …
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XRP Branding Hits Florida Field in Reported $5M Annual Ripple Deal
Florida Athletics signed a multiyear agreement with Ripple that will place the XRP logo on the field at Ben Hill Griffin Stadium. The sponsorship will reportedly generate $5 million annually while extending Ripple’s cryptocurrency branding and education campaign across the university. XRP Branding Arrives at Florida Field Florida Athletics, the University of Florida’s intercollegiate sports …
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Strategy: Bitcoin Would Have to Fall 83% for STRC to Hit 1x BTC Rating
Based on Strategy’s model, bitcoin would need to fall 83% before STRC reaches a 1x BTC Rating. The company maps its preferred securities against separate bitcoin price thresholds under an internal calculation. Why Strategy Published the Bitcoin Floor Chart Strategy Inc. (Nasdaq: MSTR) used the Sept. 1 chart to address a central risk created by …
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Washington State Seeks $1.03M Fine, Ban for Crypto Kiosk Firm
Washington regulators are seeking to revoke Coinflip’s license and impose a $1.03 million fine over alleged crypto kiosk compliance failures. The charges also demand consumer refunds and industry bans for the company and its CEO. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed …
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CoinRabbit Wins “Best Crypto Lending Platform 2026” Award from International Business Magazine
September 4th, 2026 – Toronto, Canada CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine, highlighting a lending product that has issued more than $1.45 billion in loans since 2020. About the International Business Magazine Award The International Business Magazine Awards recognize companies and executives making a significant impact across global …
Surprise nonfarm payrolls print sends Bitcoin back below 80K
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month. Key points: According to data released on Friday, the US economy added 162,000 nonfarm payroll jobs in August, significantly outperforming economists’ consensus expectations of roughly 56,000 jobs. In …
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Pineapple Financial puts $1B in mortgage records on Injective
The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchain-based records. Pineapple Financial has moved more than $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications, as part of a broader effort to migrate its historical loan portfolio …
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FinCEN ties $13B in crypto scams to non-US operations
The agency reported that “transnational criminal organizations” based in compounds in Southeast Asia were largely behind digital asset scams targeting US residents. An analysis from the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) identified $12.7 billion in crypto transactions “perpetrated by overseas scam centers.” According to a FinCEN report released on Thursday, …
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Sheriffs Go Neutral on CLARITY Act, Easing Pressure on Senate Vote
The National Sheriffs’ Association withdrew its opposition to the CLARITY Act ahead of a scheduled Senate vote. The shift removes a prominent law enforcement objection but does not amount to an endorsement of the crypto market structure bill. Sheriffs’ Association Moves From Opposition to Neutral The National Sheriffs’ Association (NSA) changed its position on the …
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Bitcoin Price Rally Collapse Wipes Out $295M in Long Positions
Bitcoin erased its 24-hour gains after peaking at $82,281, plunging below $78,700 before stabilizing near $79,500. Its market cap fell from $1.62 trillion to $1.57 trillion. Market Reversal Erases Gains Bitcoin erased nearly all its recent gains Friday in a sharp sell-off, sparked by stronger-than-expected U.S. jobs data that experts warn diminishes the odds of …
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