Crypto News
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Symbiosis reports recovery of 15 BTC and offers 20% bounty after bridge hack
Symbiosis says it recovered 15 BTC after a bridge hack and is offering a 20% bounty for information leading to further asset recovery. The hacker reportedly refused to return the stolen funds for the same white-hat bounty.
Cointelegraph
US Spot Bitcoin ETFs Record $462.7 Million in Weekly Outflows
US spot Bitcoin ETFs saw $462.7 million in net outflows during a holiday-shortened week, ending three consecutive weeks of strong demand. Withdrawals were recorded in all four trading sessions, including $46.7 million on Tuesday.
CryptoSlate
Bitcoin Holds Above $77,000 as AI Safety Debate Pressures Tech Stocks
Bitcoin rose above $77,000 as AI safety concerns pressured technology shares. Rising oil prices added to broader market pressure, according to CoinDesk.
CoinDesk
Fake Bitcoin Minting Leaves Bridge Paused and Liquidity Providers Unpaid
CryptoSlate reports that hackers minted trillions of fake Bitcoin, while 15 BTC was recovered. The native bridge remains paused, liquidity providers are unpaid, and final accounting continues as a 20% bounty window closes September 13.
CryptoSlate
Revolut Exposed Passports and Bitcoin Histories After Fake Government Request
Revolut exposed passports and complete crypto transaction histories belonging to a limited number of users after fulfilling a fraudulent request sent from a government agency’s own email domain, Decrypt reported.
Decrypt
Bitcoin Treasury Shares Can Rise in BTC Exposure Without Lifting Shareholder Value
CryptoSlate highlights the dilution risk in Bitcoin treasury companies: holdings may grow, but shareholder value can lag because of new share issuance, company expenses, lender obligations, and management financing decisions.
CryptoSlate
Revolut Exposes Bitcoin Activity and Customer Identity Data in Fake Government Request
Revolut exposed Bitcoin-related activity, passports, selfies and home addresses after accepting a fraudulent government request as legitimate. CoinDesk reported that no customer funds were lost in the incident.
CoinDesk
Blockstream rejects Liquid hacker’s $50 million Bitcoin bounty demand
Blockstream is refusing the Liquid attacker’s demand for nearly 600 BTC, or about $50 million, after a Sept. 6 exploit created roughly 4,000 unbacked L-BTC and enabled the withdrawal of about 3,996 real BTC.
CryptoSlate
Metaplanet CEO gives up $220 million in stock rights as company reassesses Bitcoin strategy
Metaplanet has reset its Series 10 stock acquisition rights, eliminating more than $220 million in warrant value and related compensation after concluding that later Bitcoin purchases created less value per share.
CryptoSlate
L-BTC Trading Resumes With Reserves Covering 85.15% of Supply
L-BTC resumed trading after a Sept. 10 onchain snapshot showed reserves covering 85.15% of supply. Federation peg-outs remained suspended, while live market depth had not been measured, CryptoSlate reported.
CryptoSlate