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Whitehat Holds $320 Million in Bitcoin Pending Proof of SideSwap Fix
A whitehat hacker is holding roughly $320 million in drained Bitcoin until developers show that SideSwap’s critical flaw is patched. The bridge-created L-BTC reportedly passed valid authorization while nodes were paused.
Bitcoin Slips as Treasury Yields Rise, but Fed Hike Odds Stay Largely Steady
Bitcoin fell and Treasury yields rose after Friday’s jobs report, but CoinDesk said expectations for a Federal Reserve rate hike remained largely steady, making the market’s hawkish reaction appear overstated.
U.S. Inflation, Coinbase’s Deribit Switch: Crypto Week Ahead
CoinDesk’s week-ahead crypto preview for the week starting Sept. 7 highlights U.S. inflation and Coinbase’s Deribit switch. The supplied report provides no further figures, forecasts, timing, or asset-specific implications.
Bitcoin sidechain Liquid pauses after purported white hats withdraw 4,000 BTC
Liquid, a Bitcoin sidechain, paused after purported “white hats” withdrew 4,000 BTC, valued at about $320 million. The actors told Blockstream they would return most of the funds after an Elements vulnerability is patched.
Harmony proposes ending layer 1 and moving ONE to Ethereum
Harmony proposed shutting down its layer-1 blockchain and migrating ONE to Ethereum, weeks after an exploit led to plans to discard 109,000 transactions. The proposal’s timeline and implementation details were not disclosed.
Liquid Network halts transactions after $320 million bitcoin exploit
Liquid Network, an exchange settlement layer, halted all transactions after a security exploit involving $320 million worth of bitcoin. The attackers claimed to be the “good guys,” according to CoinDesk.
White-hat hackers reportedly take 4,000 BTC from Liquid as Bitcoin ETFs post 2026 inflow high
Cointelegraph reports that purported white-hat hackers took 4,000 BTC from the Liquid sidechain in a major breach. Separately, Bitcoin ETFs recorded their strongest three-week inflow period of 2026.
Liquid Network Reports Withdrawal of About 4,000 Bitcoin from Federation Reserves
Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet backing L-BTC. Bridge nodes were disabled and the sidechain paused, Bitcoin Magazine reported.
Three DeFi projects face possible exclusion from future Arbitrum DAO programs
Good Entry, Limitless and APX Finance could face separate off-chain votes over exclusion from future Arbitrum DAO programs. CryptoSlate said any combined figure is not a single repayable balance or evidence of a joint obligation.
Bitcoin Rally Begins as Treasury Plans Larger Long-Term Bond Buybacks
Bitcoin’s latest rally began after the Treasury announced that, from Sept. 9, it would raise the maximum size of certain buyback operations for 10- to 30-year government bonds from $2 billion to $4 billion.
New Jersey petition brings Kalshi dispute closer to Supreme Court review
New Jersey has petitioned the U.S. Supreme Court to review its case against Kalshi, CoinDesk reported. The filing moves the prediction-markets dispute closer to the high court, though justices have not indicated whether they will hear it.
Bitmine May Exceed 5% Ethereum Target Through Reward Retention
A CryptoSlate-cited two-year model says Bitmine could exceed its 5% Ethereum goal without further purchases, but would need to retain about 74% of rewards with flat supply and 96.5% if supply grows 0.5% annually.