Author: John Smith

A British investor has recovered 61 bitcoin worth approximately £3.3 million, or about $4.5 million, more than 12 years after losing access to the cryptocurrency. Summary British investor recovered 61 BTC after proving ownership of funds held through collapsed exchange Intersango. His £1,500 investment produced recovered bitcoin valued around £3.3m after more than twelve years inaccessible. CEL Solicitors says it identified over 5,500 BTC potentially connected to other former Intersango customers. Claimants need historic bank statements, emails or exchange records demonstrating their individual bitcoin ownership rights. The law firm has not publicly disclosed the identified wallet address or complete recovery…

Bitwise’s Hyperliquid exchange-traded fund resumed accumulating HYPE on Sept. 4 after four days without a tracked purchase. Summary Arkham tracked Bitwise-linked wallets purchasing approximately $10.5 million in HYPE after four inactive trading days. BHYP’s tracked HYPE purchases reached $166.3 million since launch, according to Arkham’s on-chain address attribution. Friday’s allocation was the fund’s largest tracked purchase since buying $23.2 million on August 27. Bitwise launched BHYP on NYSE Arca in May, providing direct exposure to the HYPE token. The trust uses Anchorage Digital Bank for custody and targets staking 70% of its assets. Wallets linked to the fund acquired approximately…

Solana attracted approximately $348 million in net real-world asset flows over the latest 30-day period, placing it ahead of other tracked blockchain distribution networks. Summary Solana attracted $348 million in net distributed RWA flows during the latest thirty-day measurement period. Network distributed RWA value reached roughly $4.23 billion as tracked holder addresses climbed to 398,644. Solana hosted tokenized products from BlackRock, Franklin Templeton, VanEck, Circle, Ondo and WisdomTree by September. RWA net flows measure asset value changes and transfers rather than blockchain transaction volume alone. Ethereum and Stellar posted smaller thirty-day increases while Avalanche and XRP Ledger declined over period.…

Solana attracted approximately $348 million in net real-world asset flows over the latest 30-day period, placing it ahead of other tracked blockchain distribution networks. Summary Solana attracted $348 million in net distributed RWA flows during the latest thirty-day measurement period. Network distributed RWA value reached roughly $4.23 billion as tracked holder addresses climbed to 398,644. Solana hosted tokenized products from BlackRock, Franklin Templeton, VanEck, Circle, Ondo and WisdomTree by September. RWA net flows measure asset value changes and transfers rather than blockchain transaction volume alone. Ethereum and Stellar posted smaller thirty-day increases while Avalanche and XRP Ledger declined over period.…

Kraken is offering perpetual futures tied to the private-market valuations of OpenAI and Anthropic, giving eligible traders leveraged exposure before either artificial intelligence company completes a public listing. Summary Kraken offers cash-settled Anthropic and OpenAI pre-IPO perpetuals with maximum leverage of five times globally. The contracts provide price exposure without shares, voting rights, dividends or ownership in either company. Kraken excludes customers in U.S., EEA, Canada, Australia and New Zealand from these products entirely. Pricing uses a smoothed synthetic index with mark prices clamped within a 0.25% band continuously. Kraken plans to change pricing if either company completes an IPO,…

Chilean crypto exchange Orionx began permanently closing its operations on Sept. 3 after a forensic audit identified a custody shortfall exceeding $7 million. Summary Orionx began permanently closing after an audit found over $7 million missing from custodial wallets. Customer withdrawals remain suspended while Orionx calculates balances and prepares its planned asset restitution process. Chile’s financial regulator rejected Orionx’s authorization application in June and never supervised the platform’s activities. Orionx filed a criminal complaint against two cofounders who have categorically denied the company’s allegations. Tether led Orionx’s Series A financing in June 2025, fifteen months before the closure announcement. The…

Demand for dollar-backed stablecoins can place downward pressure on national currencies when investors receive direct access through fiat trading pairs, according to research published by the Bank of Korea on Sept. 3. The effect appeared after Binance introduced trading between selected local currencies and stablecoins such as USDT and USDC. Summary Dollar-backed stablecoins transmitted buying pressure into exchange rates after Binance introduced direct fiat pairs globally. Local stablecoin premiums declined between 0.33 and 0.38 percentage points following Binance pair introductions overall. Korea showed higher stablecoin premiums but no measurable exchange-rate response without direct Binance pairing access. Market makers can sell…

Offchain Labs co-founder Steven Goldfeder and Solana co-founder Anatoly Yakovenko exchanged competing views on Sept. 6 over why Robinhood built its blockchain using Arbitrum technology instead of operating applications directly on Solana. Summary Offchain Labs co-founder Steven Goldfeder said Robinhood retains roughly 90% of net chain revenue generated. Solana co-founder Anatoly Yakovenko argued Robinhood could instead monetize users through application-level fees directly itself. Robinhood Chain routes 10% of net protocol revenue to the broader Arbitrum ecosystem under agreements. Eight percentage points go to Arbitrum DAO, while two support its developer guild funding program. Robinhood Chain recorded $6.04 million daily fees,…

NFT sales rose 55.6% to approximately $75.54 million over the past seven days, with BNB Chain overtaking Ethereum after recording more than $32.75 million in sales. Summary NFT sales increased 55.6% to $75.54 million, while transactions fell 14.77% to 650,332. Buyer addresses rose 20.38% to 273,655, and seller addresses increased 18.09% to 291,266. Ethereum sales fell 14.23% to $18.94 million despite an increase in buyer addresses. BNB Chain sales surged 1,042% to $32.75 million, making it the top-ranked network. Courtyard led collections with $6.32 million, while a BRC-20 NFT sold for 10 BTC. According to data from CryptoSlam, captured on…

U.S. spot Bitcoin and Ethereum exchange-traded funds attracted a combined $1.20 billion during the trading week ending Sept. 4, with Bitcoin products accounting for more than 80% of the total. Summary Spot Bitcoin ETFs recorded $986.7 million in weekly net inflows. Ethereum ETFs added $215.3 million, down sharply from the previous week. BlackRock’s Bitcoin funds attracted $691.5 million across the five sessions. The largest combined inflows arrived on Sept. 3 as crypto prices rebounded. Bitcoin ETF inflows approach $1 billion According to data from Farside Investors, U.S. spot Bitcoin ETFs recorded $986.7 million in net inflows between Aug. 31 and…