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Canaan Sells Entire 3,952 ETH Holdings

Odaily News: Canaan Inc. released its unaudited operational data update for the period ended August 31, 2026, disclosing that in late August it sold its entire 3,952 ETH holdings at an average price of approximately $2,400 per ETH, and sold 54 BTC at an average price of approximately $79,000 per BTC. The company used part of the proceeds to repurchase approximately 13.6 million American Depositary Shares ('ADS'), bringing the total number of ADS repurchased since the beginning of the year to approximately 16.4 million. (PRNewswire)

Liquid Network hit by major exploit, Bitcoin News publishes security incident newsletter

Odaily News: According to Bitcoin News monitoring, its latest newsletter reviewed multiple security incidents over the past eight weeks involving projects that Bitcoin users rely on in their daily activities, with a focus on the latest major exploit targeting Liquid Network.

QCP: Market Has Priced In a 25 Basis Point Fed Rate Hike, Focus Shifts to Policy Guidance

QCP released a report on September 14 stating that the market has largely priced in expectations of a 25 basis point rate hike by the Federal Reserve this week, with attention shifting to the language of the rate hike announcement and signals regarding the future rate path. U.S. August CPI rose 0.4% month-over-month and 3.4% year-over-year, while core CPI rose 0.3% month-over-month, with the year-over-year growth rate of core CPI declining from 2.5% to 2.4%.Bitcoin briefly fell to $76,700 following the release of the CPI data, before recovering to around $77,600; Ethereum remained near $2,500. Spot Bitcoin ETFs saw net outflows of $463 million last week, with net outflows slowing to $13.2 million on Friday; spot Ethereum ETFs saw net inflows of $197 million, with single-day net inflows of $216 million on Friday.

Trader loshmi bought STONK at a $1 million market cap, earning $327,400 in 30 days

Odaily News: Trader loshmi stated that he closed all positions on September 13, realizing $327,400 in profits from 30 days of public trading. He said he began buying when STONK had a market cap of approximately $1 million over a month ago and continued to add to his position as the price declined.Stonkfun is a Solana token launch platform that went live on August 3, allowing creators to pair new tokens with tokenized stocks. STONK is the platform's native token.loshmi disclosed that his portfolio once rose from $5,000 to over $25,000 before falling back to $4,000; during this period, he also lost over $6,000 due to a hack. He cited fatigue from intensifying competition in recent market trading as the reason for closing his positions. (Bitcoin.com News)

STRATEGY is valued at approximately $7.2 million, with trades executed via tokenized MSTR stock

Odaily News: The Meme coin STRATEGY is valued at approximately $7.2 million on Robinhood Chain, with its main liquidity pool paired against tokenized MSTR stock. The token launched on September 4 and is not an equity certificate for Strategy stock.As of September 14, STRATEGY was priced at approximately $0.0078, with liquidity of about $808,600 and 24-hour trading volume of about $691,000. Supporters claim that the value of MSTR Stock Tokens in the pool exceeded $362,000 within 10 days. (Bitcoin.com News)

Russia Rolls Out Digital Ruble Nationwide, Adds 87,000 Accounts and Processes Over 50,000 Transactions in 10 Days

Odaily reports: Elvira Nabiullina, Governor of the Bank of Russia, stated that the digital ruble went live nationwide on September 1, with nearly 87,000 new accounts added over the past 10 days and over 50,000 related transactions completed.She noted that a small number of banks experienced technical issues when opening accounts and executing certain transactions. The banks involved have since resolved the problems, with no widespread outages or large volume of complaints reported. The Bank of Russia is working to reduce the number of steps required for account opening and transactions while maintaining security standards.The digital ruble completed its nationwide rollout following real-user testing that began in 2023, and users can choose whether to use it at their own discretion. Starting September 1, 12 major Russian banks and retailers with annual revenue exceeding 120 million rubles (approximately $1.42 million) are required to accept digital ruble payments, with more businesses to be gradually onboarded by 2028. (Bitcoin.com News)

Chuck Schumer Convenes Senate Democratic Caucus to Discuss Fate of CLARITY Act

Odaily News: U.S. Senate Majority Leader Chuck Schumer has convened the Senate Democratic caucus for a Sunday evening meeting to discuss the new text of the CLARITY Act that Republican senators circulated on Thursday. The text contains more than 100 amendments reportedly proposed by Democrats.The Senate will vote on Tuesday on whether to advance the bill through cloture, or to abandon the effort altogether. Democrats remain divided internally over ethics provisions, and community banks also oppose the stablecoin yield-related rules. Most Democratic senators are expected to vote against it.U.S. President Donald Trump discussed new wording on the ethics provisions with advisers on Friday, as Democrats demand that public officials divest their existing crypto assets. If all 53 Republican senators support the bill, it would need at least 7 Democratic senators to agree to proceed to debate on Tuesday; some Republican senators also oppose the current stablecoin yield provisions. (Bitcoin.com News)

Hacker Exploits Symbiosis Bitcoin Bridge Vulnerability to Mint ~$46.1 Billion in Face Value syBTC, Cashes Out Only $336,000

Odaily News: On-chain security platform Blockaid has discovered a vulnerability in the Bitcoin bridge of cross-chain protocol Symbiosis. The attacker minted approximately 2^62 syBTC to a newly created externally owned account, with a face value of roughly $46.1 billion calculated at 8 decimal places, and sold approximately 4.39 WBTC on Uniswap V4 on Ethereum, realizing a cash-out of about $336,000.Symbiosis stated that the attack occurred at around 4:28 AM on September 11. The team has paused the BTC route, while other routes remain operational and unaffected. The team has recovered approximately 15 BTC and deposited them into a multisig wallet controlled by the team. They have also offered the attacker a 20% white-hat bounty, with a deadline of September 13.In recent weeks, Liquid Network, Nomic, and Symbiosis have all experienced security incidents involving the inflation of supply through the minting of tokens without real asset backing. As of September 13, Symbiosis has not yet publicly released a BridgeV2 technical post-mortem, the final loss amount, or confirmation of whether the attacker has accepted the bounty. (Bitcoin.com News)

US Department of Justice Has Frozen Approximately $938 Million in Fraud-Related Crypto, With About $52 Million Added in a Single Day

Odaily News: In an operation targeting the Telegram crypto escrow trading platform Xinbi Guarantee, the U.S. Department of Justice's Scam Center Strike Force restricted the handling of approximately $52 million in fraud-related cryptocurrency in a single day, bringing the cumulative total to approximately $938 million. Previously, the cumulative amount frozen, seized, or recovered had already exceeded $580 million.The U.S. Department of the Treasury stated that since its founding around 2022, Xinbi Guarantee has processed over $24 billion in transactions, involving digital assets and fiat currency, primarily serving Southeast Asian transactions. North Korean hackers and sanctioned entities are alleged to have used the platform, including entities under Jin Bei Group and Prince Group.A U.S. federal court approved the seizure on September 7 of the Telegram channel operated by Xinbi Guarantee. Law enforcement authorities also seized two payment wallets totaling approximately $12 million and applied to freeze another 47 cryptocurrency wallets suspected of being used for money laundering or associated with fraud-related service providers.The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) added Xinbi Guarantee and its two supporting companies, Safew Technology and Anwen Technology, to its sanctions list on September 9. The U.S. Department of Justice also dispatched investigators to Madagascar to assist local law enforcement in cracking down on 13 scam compounds operated by Chinese nationals and to process over 3,200 electronic devices. (Bitcoin.com News)

Grayscale Says U.S. Crypto Regulation Can Advance Without CLARITY Act

Odaily News: Zach Pandl, Head of Research at digital asset management firm Grayscale, said in an analysis on September 10 that even if Congress fails to pass the CLARITY Act this year, U.S. crypto regulation can still advance in areas such as stablecoins, token issuance, tokenized securities, and perpetual futures.U.S. President Donald Trump signed the GENIUS Act on July 18, 2025, establishing a regulatory framework for the issuance of payment stablecoins. The law requires issuers to hold full reserves and publicly disclose the composition of reserves on a monthly basis, and prohibits misleading claims that tokens are federally insured, backed by the U.S. government, or legal tender.The U.S. Securities and Exchange Commission (SEC) has proposed Regulation Crypto Assets, which would allow qualifying projects to raise no more than $5 million over four years, or no more than $75 million in any 12-month period. The related exemptions and investment contract safe harbor remain in the proposal stage, with the public comment period closing on October 20.The near-term procedural milestone for the CLARITY Act is a cloture vote on the motion to proceed scheduled for September 15. This procedural vote requires 60 votes to pass and is not a final vote. Grayscale said the bill would still help clarify the division of regulatory authority between the SEC and the Commodity Futures Trading Commission (CFTC), but its failure to pass would not halt regulatory measures already underway. (Bitcoin.com News)

Electrum Releases 4.8.2 Security Update to Fix Lightning Wallet Backup Issue

Bitcoin wallet Electrum has released version 4.8.2, fixing multiple security issues, including an issue where some Lightning wallet backups were missing the keys required to recover on-chain funds after a remote force close, along with strengthened HTLC validation and Android QR scanner protection.

Strategy Releases Bitcoin Investment Guide: BTC Is Transitioning from a Speculative Asset to a Foundational Asset of Digital Capital Markets

Strategy has released the latest edition of its "Bitcoin Investor Guide," in which the report notes that as institutional access and market infrastructure gradually mature, Bitcoin is evolving from an early speculative asset into a foundational asset of digital capital markets. Its long-term value is built on scarcity, open access, global liquidity, and independent verification, and it may absorb some of the monetary premium currently attached to gold, real estate, equities, bonds, and art.As of September 4, BTC was priced at approximately $79,809, about 23.3% above its 200-week moving average of $64,715; its return over the past year was approximately -28.3%, with a 10-year annualized return of about 62.8%. During the same period, Bitcoin's 30-day average trading volume was approximately $28.3 billion, open interest stood at roughly $96 billion, U.S. spot Bitcoin ETFs collectively held about 1.27 million BTC, and total network hashrate was approximately 935 EH/s.On the risk side, Strategy cautions that Bitcoin remains a highly volatile asset and carries no principal repayment guarantee; different holding methods such as self-custody, third-party custody, ETPs, and derivatives each carry operational, legal, and counterparty risks. Strategy also discloses that the company itself holds a large amount of Bitcoin and has a financial interest tied to BTC's price.

Zcash mining rewards per solo machine are about 2x Bitcoin's, with roughly 4x higher reward per unit of electricity

Odaily News: Crypto asset management firm Grayscale estimates that Zcash mining rigs generate daily mining rewards roughly 2x those of Bitcoin mining rigs, and about 4x on a per-unit-of-electricity basis. Zcash mining activity has grown to more than 2.5x its level at the start of the year.Zach Pandl, head of research at Grayscale, said that at current valuations, Zcash mining profitability is relatively high, as token price gains have driven up mining rewards and encouraged more hash rate to join. Grayscale believes that more hash rate can support network security.The comparison uses the Bitmain S23 Hydro and Bitmain Z15 Pro as samples, assuming an electricity price of $0.05 per kilowatt-hour, full-load operation, and excluding transaction fees. Pool fees, cooling, other operating expenses, and equipment costs are not included in the calculation, and actual profitability is still affected by these factors.Bitcoin miners' total daily rewards are about $35 million, higher than Zcash's roughly $2 million. Grayscale's Zcash investment product assets under management surpassed $500 million on September 8 and recorded more than $70 million in cumulative external inflows. (Bitcoin.com News)

Electrum Releases Version 4.8.2, Fixing Critical Backup Issue for Lightning Wallets and Strengthening Security

Odaily Reports: Bitcoin News posted on X platform that Electrum has released version 4.8.2, introducing multiple security fixes and strengthening the security of its Bitcoin wallet codebase. The fixes are based on reports from researchers including Bitcoin Red Team, Calle, l0rinc, haoxucu, and m0wer. This version fixes a critical backup issue affecting certain Lightning wallets that use non-deterministic keys and anchor channels. Previously, affected wallets' channel backups and full wallet backups may have been missing the keys required to move funds on-chain after requesting a remote force close. Affected users will receive a warning when starting Electrum and should export new backups, as old backups cannot correctly recover funds in this scenario. This version also strengthens Lightning HTLC verification, rejects previously accepted malformed xpub/xprv keys, expands codebase security hardening, and prevents the Android QR code scanner from reading screenshots. This is Electrum's third security-focused release since July, following versions 4.8.0 and 4.8.1.

Canadian Financial Regulator Rules Tokenized Deposits Have Same Legal Status as Traditional Deposits

Odaily News: The Office of the Superintendent of Financial Institutions (OSFI) is Canada's banking regulator. The agency stated on Thursday that tokenized deposits are not legally distinct from traditional deposits, noting that the underlying technology used by a financial product or service does not determine its legal nature.OSFI stated that financial institutions may conduct tokenized deposit business under existing financial regulatory laws without the need for additional regulations. Financial institutions and third parties conducting related activities on their behalf must ensure that their operations comply with applicable laws and regulations.OSFI requires financial institutions to communicate with their responsible OSFI supervisors in advance before launching new products or services, and recommends seeking legal advice prior to launch. The agency oversees nearly 350 financial institutions and 1,200 pension plans. (Bitcoin.com News)

Bitcoin Suisse Plans to Relocate Half of Swiss Jobs Overseas

Swiss crypto company Bitcoin Suisse plans to relocate approximately 60 Swiss-based positions to low-cost overseas regions to support its international expansion strategy.

Anchorage Digital Partners with Frgmnt to Open fUSD and sfUSD Stablecoin Infrastructure to Institutions

Odaily News: Stablecoin protocol Frgmnt has partnered with digital asset custody and infrastructure company Anchorage Digital to open fUSD and sfUSD infrastructure to institutional clients. Clients can hold, mint, stake, and redeem the related protocol assets within Anchorage Digital's existing custody environment without needing to establish separate custody arrangements.Frgmnt issues two related assets on Base, with fUSD minted from USDC and deployed to designated onchain lending markets; users can stake fUSD to receive sfUSD and earn rewards generated by the protocol's strategies. Related holdings and performance metrics can be monitored through Frgmnt's analytics tools, Dune, and DefiLlama.Anchorage Digital operates Anchorage Digital Bank, the first federally chartered crypto bank in the United States, providing custody, staking, trading, and settlement services to institutional clients. Frgmnt stated that protocol deposits will be opened in capped batches, with the next round of deposits planned for September. (Bitcoin.com News)

The Smarter Web Company Plans to Launch the UK's First Bitcoin-Backed Preferred Shares, IPO Could Raise $20 Million to $34 Million

Odaily News: The Smarter Web Company has announced plans to launch the UK's first Bitcoin-backed preferred shares, subject to shareholder approval. The company expects to raise $20 million to $34 million through a potential IPO, to be used for increasing its Bitcoin holdings and acquiring cash-flow-generating operating businesses.

SlowMist Discloses Liquid Vulnerability Details: Attacker Minted 3,998.5 L-BTC Without Collateral, Approximately 598.5 BTC Still Not Returned

SlowMist has disclosed that the Liquid Network was attacked on September 6 via a Rangeproof verification cache key collision vulnerability. The attacker minted approximately 3,998.5 L-BTC without collateral — with no corresponding BTC peg-in — and then within minutes converted them to BTC on the Bitcoin mainnet via peg-out. After the incident, approximately 3,400 BTC was returned to the Liquid Federation peg wallet, but approximately 598.5 BTC remains under the attacker's control.SlowMist noted that the root cause of the vulnerability lies in the fact that the Rangeproof verification cache key in Elements did not include length prefixes when concatenating multiple variable-length fields, allowing different parameter combinations to potentially generate the same cache key. The attacker triggered a cache collision by constructing transactions, causing nodes to hit a "verification passed" cached result, thereby bypassing secp256k1_rangeproof_verify and the minimum amount check, ultimately accepting outputs not backed by real assets and completing the L-BTC minting. SlowMist stated that it has traced the fund flows on the Bitcoin side and completed its analysis of the incident.

Metaplanet Cancels Over $220 Million in Warrants, Eliminating 41% of Related Shares

Odaily News: Metaplanet CEO Simon Gerovich published a letter to shareholders stating that the board of directors has decided to adjust the Series 10 stock subscription rights. This adjustment cancels 41% of the related shares, resets the conversion ratio to 1:410, which is the level prior to the September 2025 international offering, and writes off over $220 million in warrant value.With the cancellation of the warrants, the company's fully diluted share count decreases accordingly, and the fully diluted Bitcoin holdings per share increase by approximately 8.8%.Under the new terms, unvested warrants will become exercisable in tranches in 2029, 2030, and 2031. The originally planned 20% employee incentive pool warrants will no longer be transferred and will be cancelled as well. The company stated that it will work with global compensation consultants to design a new incentive plan to attract new employees.