Governance
Macro
Treasury buys $5.2 billion of bonds as Bitcoin ETF flows stay negative
The operation supported older bonds, but rising real yields showed why market plumbing had yet to ease Bitcoin’s funding backdrop.
Derivatives
Bitcoin’s $2.24 billion Friday options expiry teased a reversal then fell to $76k again
BTC rose across three venues after Deribit settled, then finished below its starting level.
Scams
Attackers exploit fake STM32 vulnerability alert to target Trezor and BitBox holders
Trezor confirms an email-provider breach and says its wallets remain safe, while BitBox investigates a likely newsletter-provider compromise.
Stablecoins
Aave’s proposed interest rate hike threatens to crush Ethena’s most popular yield loop
The proposed curve change adds 13 to 89 basis points across a $323.8 million debt snapshot for USDe positions.
Tokenization
Binance traders just put a $2.1 trillion valuation on Anthropic before its IPO terms are even set
Anthropic's leveraged contract uses a one-billion-share denominator that can change before IPO terms create an external anchor.
AI
HIVE is making $1M a day, and almost all of it comes from Bitcoin mining not AI
HIVE's preliminary figures for Aug. 21 through Sept. 10 show GPU-cloud revenue at about $100,000 a day, while Swedish reuse remains under evaluation.
Analysis
MetaMask and Consensys split exposes the gap between Ethereum adoption and ETH demand
The wallet and infrastructure businesses are set to operate independently, while Monad products and private networks complicate the link to ETH demand.
Lending
Visa is quietly routing $2.5 billion in credit through smart contracts, and no one knows who carries the risk
Private Visa files size the loans, smart contracts collect repayment, and undisclosed terms determine who takes the first loss.
Regulation
India moves to block 15 crypto apps, leaving users facing sudden account lockout
App and URL takedown notices raise disruption risks, but completed blocks and withdrawal limits remain unconfirmed.
Stablecoins
Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills
USDT spreads dollar claims and Treasury funding demand while Tether keeps reserve ownership, portfolio control and gains above face value.
Hacks
Osmosis freezes 22.65 BTC after a double-spend exploit exposes a massive hole in allBTC backing
Even full recovery of the frozen Bitcoin balance would leave roughly 17.19 BTC for the community pool to replace.
Macro
Treasury’s $6 billion bond intervention creates a stealth test for Bitcoin’s next move
The Sept. 10 operation triples the prior limit, but accepted purchases and funding conditions will matter more than capacity alone.
