Crypto

Blockstream and the hackers are engaging with each other through PGP-signed messages in Bitcoin transactions.

Cardano holds above key EMAs near $0.22 with strengthening momentum. Full technical breakdown of support, resistance, and next targets for ADA. The post ADA Price Momentum Points to Cautious Upside Extension This Week appeared first on Cryptonews.

A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms. The Philippines’ central bank has proposed freezing new payment-system operator registrations for 12 months while imposing tighter controls on payment arrangements involving virtual asset service providers (VASPs).  Under a draft circular, the Bangko Sentral ng Pilipinas (BSP) said it would suspend acceptance and processing of applications for operators of payment systems (OPS) to conduct a “holistic review” of its taxonomy and licensing framework.  Applications submitted before the suspension could continue to be evaluated, but the BSP would not approve or deny any until the pause ends. Entities would be barred from starting activities that require OPS registration unless the regulator authorizes them otherwise.  Read more

All wallet cohorts have shifted into net distribution for the first time since early June, but a potential golden cross offers bulls some hope.

Galaxy said 82% of Bitcoin stolen across all Coldcard attacks remains in the original addresses, with 18% moved in apparent laundering. The exploiter behind the third wave of the Coldcard wallet hack has moved about 45% of their Bitcoin (BTC) haul, routing the funds through THORChain or into CoinJoin transactions, according to Galaxy Research. In a Monday update, Galaxy said the exploiter began moving funds to Ethereum through THORChain on Sept. 2. The latest movements sent Bitcoin into CoinJoin rounds, which combine multiple users’ payments into a single transaction to make funds harder to trace. Galaxy said the third-wave exploiter had created 293 two-of-two multisignature vaults to hold victims’ coins and was moving funds from the largest vaults in descending order of size. Funds from the 11 largest vaults have now been moved. Read more

The attacker has now drained the 11 largest vaults tied to the third wave of Coldcard thefts, Galaxy Research said.

ARB was rejected violently at the $0.20 resistance and it's down by over 13% daily.

SideSwap says bug-created L-BTC passed a valid authorization as bridge nodes paused and reserve reconciliation became the restart test. The post A whitehat hacker is holding $320 million in drained Bitcoin until developers prove they patched a fatal network flaw appeared first on CryptoSlate.

BTC fell on Friday and Treasury yields rose, but the hawkish market reaction looks overdone when compared to the largely steady Fed rate hike odds.

August payrolls came in three times above forecast and pushed September hike odds toward 58%. Equities sold it and crypto has not.

Your look at what's coming in the week starting Sept. 7.

Smaller tokens are making a comeback against the S&P 500, but the setup could unravel if leverage gets out of hand.

The CLARITY Act could link Bitcoin to $25.7T in US banking, but its Senate delay leaves any Coinbase or bank hiring impact hypothetical. The post CLARITY Act Could Open the Door to a New Wave of Bitcoin Banking Jobs appeared first on Cryptonews.

Developers want to voluntarily shut down the network, saying state actors and AI agents have made security too difficult, then redirect ONE emissions into an AI video business.

Fomo generated $1.76 million on Friday, beating Pump.fun’s $1.1 million, though the memecoin launchpad remains ahead over 30 days. Social trading platform Fomo generated more daily revenue than memecoin launchpad Pump.fun on Friday. Fomo generated $1.76 million in daily revenue on Friday, compared with Pump.fun’s $1.1 million, according to DefiLlama data. Pump.fun remains ahead over longer periods. It generated more than $57 million over the past 30 days, compared with $17.6 million for Fomo. Read more

The alleged whitehat hacker said that Liquid must fix its bug and patch every node before returning the withdrawn Bitcoin.

A brand new ZCAT token charges a 3% tax whenever the token moves and uses the proceeds to distribute ZEC to holders, creating an unusual link to one of crypto's hottest assets.

The actors told Blockstream they would return most of the 4,000 BTC after the Elements vulnerability is patched across the network. Bitcoin sidechain Liquid paused operations after actors claiming to be white-hat hackers withdrew about 4,000 Bitcoin worth $320 million from its federation wallet.  On Sunday, Liquid said that bridge nodes were disabled, preventing new transactions, while exchanges had halted or were preparing to halt L-BTC deposits and withdrawals. Blockstream, Liquid’s technology provider, started contacting the actors through signed onchain messages. Subsequent messages show the actors told Blockstream to patch the vulnerability and ensure every node was updated before they would return most of the Bitcoin.  Read more

BTC faces another crucial week after remaining at around $80,000 over the weekend, but several major US economic events cound determine how long it stays there.

Harmony proposed sunsetting its layer-1 blockchain and migrating ONE to Ethereum, weeks after an exploit led to plans to discard 109,000 transactions. Ethereum-compatible layer-1 network Harmony proposed sunsetting its blockchain and migrating its native ONE token to Ethereum, seven years after launching its mainnet.  On Sunday, Harmony proposed taking a final network snapshot, issuing ERC-20 ONE tokens on Ethereum and migrating exchange listings. Validators would be offered options to stop their nodes, continue as governors, or join its new AI-video initiative.  Harmony described the proposal as non-binding and did not specify when the final block would be produced or whether the shutdown would be submitted to the network’s validator-led governance process.  Read more