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Author: John Smith
Bitcoin market sentiment has risen above 89 on an index tracked by CryptoQuant analyst Darkfost, reaching its highest level since March 2024 before easing back. Summary Darkfost’s sentiment measure briefly entered the “extreme greed” range during Bitcoin’s recent rise. The analyst said the reading has since cooled while Bitcoin tries to hold its price. CoinGecko showed Bitcoin near $77,300 after a 24-hour range spanning roughly $76,400 to $79,600. U.S. spot Bitcoin ETFs recorded $462.7 million in net outflows during the Sep. 8–11 trading week. CryptoQuant analyst Darkfost said the last comparable burst of bullish sentiment came in March 2024. His…
A limited number of Greenberg Traurig documents have appeared on the dark web after an unauthorized actor accessed them, the international law firm has said. Summary Greenberg Traurig said an unauthorized actor accessed and posted a limited number of documents. BakerHostetler handled nearly 60 cyber incidents involving law firms in 2025, according to Reuters. Other firms have reported breaches involving client identity and health information. Crypto wallet providers have also reported customer-data leaks and phishing attacks through outside service providers. Reuters reported on Sep. 10 that Greenberg Traurig had confirmed the unauthorized access and dark web posting. The firm described…
Advanced AI has cut the time banks may have to repair software flaws from weeks to minutes, according to a new Bank for International Settlements paper that calls for faster security decisions and patching. Summary The BIS paper says AI can help find software flaws and turn them into working attacks. Its authors warn that scheduled security checks and patching may be too slow. U.S. and overseas authorities are pressing financial firms to improve cyber response and recovery. A July incident involving OpenAI agents and Hugging Face showed how a test could reach real systems The Bank for International Settlements…
In this week’s edition of the weekly recap, a withdrawal of nearly 4,000 BTC forced Liquid Network to suspend transactions before operators began a limited restart. The U.S. CLARITY Act faced fresh doubts ahead of a Sep. 15 Senate vote, while spot Bitcoin ETFs lost $462.7 million over four trading sessions. Summary Liquid Network halted transactions after a withdrawal worth about $320 million; 3,400 BTC was later returned. Senators remained divided over the CLARITY Act before a Sep. 15 procedural vote requiring 60 votes. U.S. spot Bitcoin ETFs lost $462.7 million during the Sep. 8–11 trading week. The DOJ restrained…
Tokenized stock transfers have climbed to $29.5 billion as new products extend market access, but Tessera PE founder Chan Ahn says investors could receive anything from direct share ownership to a contractual claim carrying no shareholder rights. Summary Tokenized stocks can represent direct shares, custodial claims, or synthetic contracts with different legal rights. Company rules, securities laws, and underwriter lock-ups can limit transfers even when tokens move on-chain. Pre-IPO tokens lack the public prices and company disclosures needed for dependable secondary markets. Tokenizing private credit may extend access without making complex AI infrastructure risks easier to value. U.S. investors remain…
The SEC has proposed a 60-day rulemaking process to modernize transfer-agent systems for blockchain records as offshore demand for tokenized stocks grows. Summary SEC rules would permit transfer agents to use blockchain-based systems for securities records. The proposal does not make tokens legal shares or grant holders shareholder rights. Bitget recorded $1.16 billion in tokenized-stock volume from June 2 to July 19. Shared ownership records remain necessary for US and offshore products to become interchangeable. Bitget Research Chief Analyst Ryan Lee told crypto.news that the SEC’s proposal addresses a part of tokenized stock markets that has received less attention than…
Bitcoin Suisse has announced plans to cut up to 60 of its 120 positions in Switzerland and close its Copenhagen development site as part of an international reorganization. Summary Up to 60 of Bitcoin Suisse’s 120 Switzerland-based positions could be eliminated. A staff consultation will run until Sep. 20 before the final reductions are decided. Software development and back-office work will be concentrated in international operating hubs. The Copenhagen IT site will close as the company plans another hub in Vietnam. Bitcoin Suisse puts up to 60 Swiss jobs at risk Reuters reported on Sep. 11 that Bitcoin Suisse had…
Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to each outside relationship while replacing existing guidance. Summary Four federal regulators have opened the proposed guidelines to public comment. The nonbinding framework would replace third-party risk guidance issued in 2023 and 2024. Community banks with less than $30 billion in assets would receive a separate practical guide. Federal Reserve Governor Michael Barr dissented, warning of supervisory gaps and added financial risk. Proposed bank guidelines favor risk-based oversight The Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, and Office…
Robinhood has reported a 61% monthly rise in notional crypto trading volume to $17.5 billion in August, led by activity on its Bitstamp exchange. Summary Crypto trading volume rose from $10.9 billion in July to $17.5 billion in August. Bitstamp processed $10.1 billion, exceeding the $7.4 billion handled through Robinhood’s app. Event contract activity reached 4.7 billion trades, about 15 times its August 2025 level. Total platform assets increased 26% from a year earlier to $384 billion. Robinhood’s August operating data, released Thursday, showed that crypto activity recovered from a quiet July but remained below the level recorded a year…
White House economic adviser Kevin Hassett has disclosed owning between $1 million and $5 million in Coinbase shares while the Trump administration advanced policies affecting the U.S. crypto industry. Summary Hassett reported between $1 million and $5 million in Coinbase stock at the end of 2025. The disclosure does not confirm whether he still owns the shares. Hassett advised Coinbase until January 2025, when he entered the White House. A former SEC ethics lawyer said the investment presented a serious conflict of interest. Coinbase shares remained in Hassett’s disclosed portfolio CNBC, citing Hassett’s latest annual financial disclosure, reported that the…
