Author: John Smith

Bitfinex Securities has listed five tokenized products tied to four publicly traded Bitcoin treasury companies and Strategy’s STRC preferred stock. Summary Five notes provide economic exposure to Strategy, Metaplanet, H100, Capital B, and STRC. ORO (II) issued the products with the underlying shares held by regulated custodians. Trading pairs include the U.S. dollar, USDT, and Bitcoin on the Liquid Network. Bitfinex Securities says its listed tokenized assets now exceed $500 million. Bitfinex Securities said in a Sept. 1 announcement shared with crypto.news that the five products are the first tokenized Bitcoin treasury securities admitted to secondary trading on a regulated…

Base has launched a Creator Grant Program offering independent creators up to $4,000 to produce content about the Ethereum layer 2 network, its ecosystem and builders. Summary Base is offering independent creators grants of up to $4,000 to produce content about its ecosystem and builders. Writers, streamers, recurring show hosts, video creators and educators producing content in their own languages can apply. Selected creators can receive access to Base builders and potential coverage through the network’s regional accounts. Emerging creators can qualify for separate Creator of the Week bounties worth up to $500. The program follows Base’s move away from…

Twenty One Capital CEO Raphael Zagury said Bitcoin is experiencing its first “hashrate bear market” as network computing power remains below its late 2025 record and listed mining companies redirect infrastructure investment toward artificial intelligence. Summary Raphael Zagury called Bitcoin’s prolonged computing power decline its first ever hashrate bear market publicly. Bitcoin hashrate fell roughly 22% to 24% from its late 2025 peak, presentation materials showed. Zagury said artificial intelligence creates a competing use for miners’ power capacity and infrastructure today worldwide. Public miners increasingly pursue AI computing, though several companies continue operating substantial Bitcoin mining fleets. Lower network hashrate…

Robinhood CEO Vlad Tenev renewed speculation about the company’s memecoin strategy on Sept. 1 by responding to an X post proposing “Memecoins on Robinhood.” Summary Tenev replied with an ear emoji to a post proposing memecoins on Robinhood for users. Robinhood has not announced any new memecoin listing, launch date, or expanded product offering publicly. Robinhood already offers Dogecoin, Shiba Inu, Pepe, Bonk and Dogwifhat to eligible American customers today. Robinhood Chain launched in July as an Ethereum Layer 2 designed primarily for tokenized assets. Arkham attributed Robinhood Chain’s recent fee surge largely to speculative decentralized exchange trading activity growth.…

ARK Invest and Glassnode published a joint study on Sept. 1 that found three entities could cross the measured block-production thresholds for both Bitcoin and Ethereum, while Solana required 19. Summary Bitcoin reaches its 51% hash-rate threshold through three mining pools, according to the joint report. Ethereum requires three staking entities to exceed 33%, although pooled delegation complicates direct control assumptions. Solana’s Nakamoto coefficient is 19, but nearly all measured infrastructure operates inside commercial data centers. Bitcoin’s infrastructure is comparatively dispersed, with 63% of measured nodes operating anonymously through Tor networks. Ethereum hosts roughly 49% of execution-layer nodes in clouds,…

Kast has launched a stablecoin-based business platform offering accounts, cards, transfers in more than 20 currencies, and returns of up to 8% APY across over 170 countries. Summary Kast Business combines fiat accounts, stablecoin deposits, virtual cards and local currency payouts. Companies can earn up to 8% APY on idle balances and receive up to 3% cashback. Kast operates as a fintech rather than a bank, using licensed partners for regulated services. The company plans to add between 1,000 and 5,000 active businesses by the end of 2026. Kast said its new KAST Business platform gives companies a single service…

Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate increase in 2026. A separate contract places the probability of a September quarter-point hike at 57%. CPI, PPI and employment data could affect the Fed’s Sept. 15–16 decision. Barr supports a Fed rate hike if inflation stays high The Federal Reserve said in Barr’s Sept.…

Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled at $94.65, while U.S. crude closed above $90 per barrel. U.S. strikes targeted Iranian positions after reported attacks near the Strait of Hormuz. Bitcoin price falls below $77,000 The U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at…

X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to enable two-factor authentication and Password reset protection. The email wave coincided with X Money’s expansion to eligible U.S. subscribers. X finds no breach in initial password-reset review X Product Engineering team member Mridul Singhai said Tuesday that the company was examining reports from users who…

RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. Summary An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral. RedStone said borrow caps tied to executable liquidity could have limited the losses. Cronos has restarted after restoring its chain state to a point before the attack. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s price in the pool it monitored,…