Crypto News
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Revolut Customers’ Identity Data Reportedly Exposed in Extortion Threat
Cointelegraph reports that attackers published Revolut customers’ identity documents and selfies and threatened to release more data daily unless the fintech pays. The report does not provide details on the ransom or customer count.
Cointelegraph
Fed Rate Hike Debate Shifts Toward Wall Street Concerns
Goldman Sachs has dropped its forecast that the Federal Reserve will hold rates next week, becoming the last major bank to do so. CoinDesk frames the debate as increasingly focused on Wall Street rather than inflation.
CoinDesk
North Korea Reportedly Uses Foreign IT Workers to Enter US Companies
Cointelegraph reports that North Korea is using IT workers from third countries to pass interviews for jobs at US companies. North Korean operatives allegedly take over those positions after the workers secure employment.
Cointelegraph
Banks Develop Tokenized Deposits to Keep Customer Funds on Their Platforms
Wall Street is developing tokenized deposits to help businesses manage cash held across accounts and jurisdictions. CryptoSlate says the initiative could also encourage customers to keep more funds within participating banking networks.
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
Bitwise Plans to Close Dogecoin ETF Before First Anniversary
Bitwise’s BWOW Dogecoin ETF is scheduled to stop trading on October 14, before its first anniversary. Cash payments to remaining shareholders are expected on October 22, according to Decrypt.
Decrypt
August Core CPI Rises 0.3% Faster Than Forecast, Raising Fed Rate-Hike Risk
August core CPI rose 0.3%, faster than forecast, heightening concern that inflation remains too persistent and raising the possibility of a Federal Reserve rate hike. The report carries added significance after Kevin Warsh’s recent warning.
CoinDesk
Bitcoin Surrenders Early Gains as Markets Price in Multiple Rate Hikes
Bitcoin reversed its early advance as markets priced in multiple rate hikes after August core CPI rose 0.3% monthly. Annual core inflation was 2.4%, matching forecasts and reaching its slowest pace since early 2021.
CoinDesk
Bitcoin Pulls Back Despite Fresh Golden Cross Signal
Bitcoin has pulled back following another golden cross. CoinDesk reports that the signal may support the longer-term outlook, while historical patterns indicate much of the upside often arrives before the crossover appears.
CoinDesk
Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC
Blockstream will not pay a ransom for nearly 600 BTC held by Liquid hackers, according to Cointelegraph. It said it would work with law enforcement, exchanges and forensic specialists to recover the Bitcoin if it is not returned.
Cointelegraph
Bitcoin slips under $77,000 as broad crypto losses deepen
Bitcoin dropped below $77,000 and is down more than 5% this week, while 95 of the CoinDesk 100 declined in 24 hours. Zcash led losses as traders bet on a Federal Reserve rate hike.
CoinDesk
Ripple Adds AI Agents to Its $1 Billion Corporate Treasury Initiative
Ripple is adding AI agents to a $1 billion corporate treasury initiative. The software can monitor cash, risk and forecasts and suggest financial actions, but human approval remains required for every decision.
CoinDesk