President Trump is dismissing warnings about artificial intelligence (AI) endangering humanity as overblown and a hoax while resisting fresh calls for government oversight of the technology. The remarks came amid growing industry and political concerns about unchecked AI development, reports The Hill. Trump tells reporters that the concerns over AI are being overblown. “We can …
Yearly archives: 2026
ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address
An MEV bot known as “Yoink” front-ran an attacker attempting to exploit a custom Safe module, capturing the stolen rsETH before Kelp temporarily froze the receiving address. An attacker exploited a custom module connected to an Ethereum Safe wallet in an attempt to extract roughly $7.7 million in rsETH, only to have the funds intercepted …
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USDT payments feature in Polish energy giant’s failed $230M oil deal: FT
Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023. The world’s largest stablecoin by market cap, Tether’s USDt, was reportedly used in a failed Venezuelan oil trade that cost Poland’s largest energy giant $230 million in late 2023, according to the Financial …
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Ethereum Holders Pull Back Supply as BitMine Nears 5% Target
TLDR Ethereum exchange supply has fallen 73% from its June 2020 peak, dropping to 6.06 million ETH. More ETH is moving into staking, ETFs, corporate treasuries, and long-term custody. BitMine now holds 5.96 million ETH, equal to about 4.9% of Ethereum’s total supply. Ethereum ETFs recorded nearly $197 million in net inflows last week, followed …
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BingX Evolves into a Multi-Asset Trading Platform, Connecting Users to Global Opportunities
September 15th, 2026 – PANAMA CITY, Panama BingX today announced its strategic evolution into a multi-asset trading platform and will further its strategy through “Connect Markets. Unlock Opportunities. “, bringing crypto and traditional markets together through an integrated trading experience. The move reflects BingX’s ambition to help traders identify emerging market opportunities, understand the forces …
Swiss Bitcoin Payment Platform Takes Servers Offline After Suspected Internal Breach
A Swiss Bitcoin (BTC) payment firm has taken its servers offline as a precaution after a malicious user likely reached internal systems and may have seen customer data. Neuchâtel-based Swiss Bitcoin Pay, which processes on-chain and Lightning payments for merchants, shut the platform down while it investigates. In an X post, the company says attackers …
US House crypto tax package omits mining, staking reward deferral
The 114-page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing reward-tax timing unchanged. The US House Ways and Means Committee will consider a 114-page crypto tax package on Wednesday that leaves out a provision that would have allowed miners and stakers to defer taxation of rewards until the …
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Bitmine Nears 5% Ethereum Supply Target With Latest ETH Purchase
TLDR Bitmine Immersion Technologies raised its Ethereum holdings to 5.96 million ETH, worth close to $15 billion. The company now owns about 4.9% of Ethereum’s total supply and is 98% of the way to its 5% target. Bitmine has staked over 5 million ETH through its MAVAN platform, projecting $334 million in yearly staking income. …
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Altcoins gained 21% and still lost ground to Bitcoin. What would finally turn the tables?
Glassnode reported that altcoin market capitalization climbed 21% over the past month, while altcoins’ share of the combined Bitcoin-and-altcoin market fell 0.9 percentage points over 90 days, based on data as of Sept. 7. Capital has moved up the entire crypto ladder together, with Bitcoin absorbing most of the gain while higher-beta tokens held their …
The US Bitcoin reserve faces a crucial bipartisan test Wednesday
The American Reserve Modernization Act (ARMA) would put the federal government’s Bitcoin reserve into law for the first time. But ahead of its first House committee vote on Sept. 16, the bill has attracted just one Democratic cosponsor, and he does not sit on the committee considering it. That goes against Congress’s broader crypto push. …
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Bitcoin self-custody creates a massive cost-basis blind spot on your 2026 crypto tax forms
A Bitcoin investor can withdraw coins from an exchange, return them to the same account, and still fall outside mandatory cost-basis reporting when those coins are sold. For the 2026 US reporting year, the broker can still be required to report sale proceeds, while reporting the acquisition cost remains voluntary. Cost basis, the acquisition cost …
Proposed stablecoin rules might guarantee your dollar while making you wait a week to spend it
When a stablecoin holder receives spendable bank dollars before the issuer redeems the token, a buyer or conversion provider has funded the early exit. If that party keeps the token, it must wait until resale or redemption to get its cash back. The Office of the Comptroller of the Currency’s proposed redemption framework could give …
Goldman, JPMorgan, BofA, Morgan Stanley and More Expect a Fed Hike Tomorrow
More than a dozen banks are expecting the Federal Reserve to raise rates by 25 basis points on Sept. 16. The List UBS, HSBC, Barclays, Citigroup, Wells Fargo, Morgan Stanley, Goldman Sachs, Bank of America and JPMorgan Chase all expect the Federal Reserve to lift rates by 25 basis points (bps) this week. Both JPMorgan …
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Russia Classifies Crypto as Major Risk to Monetary Sovereignty
The Bank of Russia’s latest draft policy document classifies cryptocurrencies and stablecoins as major financial market risks, citing threats to monetary sovereignty, potential complete losses for investors, and their role in enabling shadow markets. Central Bank Identifies Major Crypto Risks The Bank of Russia has categorized cryptocurrencies and stablecoins as major financial market risks in …
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$206M in XRP Just Left an Uphold Wallet. Here’s What Happened Next
A single 145,634,500 XRP transfer worth about $206 million emptied a labeled Uphold wallet on Sept. 14, but onchain records point to an internal custody reshuffle rather than a whale exit. The Alert That Started It Onchain trackers flagged the move as 145,634,500 XRP (valued at $206,551,114) being sent from one wallet to another within …
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