She bought 1 Bitcoin (bitcoin:native), at $500, and a SIM swap took it all. By the time she checked her Coinbase balance, it read zero. We sat down with Mark Kreitzman (GM at @efani) to break down how SIM swaps actually work, and why crypto holders are the highest-value targets in the game. 🧵 Full episode in comments. This clip is 50 seconds... It'll stay with you longer.

LATEST: 🇺🇸 The SEC just clarified how U.S. securities laws apply to crypto. The key shift: • A token can separate from the investment contract used to sell it • Staking receipt tokens aren’t automatically securities • Functionality & decentralization matter • Developers can maintain functional networks without automatically triggering Howey • Token buybacks aren’t automatically securities transactions • Secondary trading doesn’t automatically make exchanges promoters The focus is increasingly on what the token represents, what was promised, and who controls the network. These are NOT new SEC rules.

LATEST: Bill Gates warns AI could cause “a billion deaths,” while NVIDIA CEO Jensen Huang says we’re entering a “low IQ era” where children may no longer need to learn basic math.

JUST IN: Bitget CEO Gracy Chen says the exchange has confirmed $387.5M in assets were stolen, with a withdrawal resumption plan due by 4:00 AM UTC on September 26.

JUST IN: 🇺🇸 The 10-year U.S Treasury yield hits a fresh 19-year high at 5.2297%.

JUST IN: Binance-owned CoinMarketCap acquires crypto derivatives data platform CoinGlass, adding open interest, funding rates, liquidations and options data to its market-data offering.

LATEST: @Strategy has proposed daily dividend accruals for $STRF, $STRC, $STRK and $STRD, with payments made the next business day.

This week’s on-chain leaders: 🔹 TVL: @ethereum - $53.49B 🔹 Fees (7D): @CantonNetwork - $11.21M 🔹 TPS: @solana - 1,874 tx/s 🔹 Active Users: @trondao - 3.48M Ethereum led liquidity, Canton topped fees, Solana dominated real-time throughput, while Tron remained #1 in daily active addresses.

Meta just unveiled Muse Charm, a keychain-sized standalone AI device. It packs an OLED screen, cameras, microphones, speakers, fingerprint authentication and built-in 5G - all centered around Meta’s Muse AI agent. It became the surprise highlight of Meta Connect 2026. Read more at our Cryptopolitan Newsletter. Subscribe to our free daily newsletter - alpha delivered straight to your inbox. bit.ly/48COdBl

BULLISH: @jpmorgan says @Bitcoin's move above its $85,000 production cost should ease pressure on miners and reduce the risk of forced bitcoin:native selling.

📬 Global Country Roundup 🇦🇺 Australia warned UN over AI security risks 🇺🇸 New York sued Polymarket over event contracts 🇺🇸 Washington sought early access to frontier AI models 🇺🇦 Ukraine deployed OpenAI Daybreak for cyber defense 🇬🇧 UK banks settled first tokenized interbank deposits 🇦🇺 Australia said an OpenAI agent breached Medicare portal 🇻🇪 Venezuela’s crypto activity surged 107% to $39.1B 🇹🇷 Türkiye cleared FATF review but stayed under watch 🇨🇦 Canada’s Big Six built tokenized deposit rails 🇷🇺 Russia counted 20M crypto users holding $44B 🇺🇸 California enacted seven data center laws 🇮🇪 Ireland fined Google €403M over location tracking

BREAKING: U.S. authorities have frozen roughly $84 MILLION in accounts tied to Capstone, a payments firm accused of illegally moving funds for Tether and Bitfinex, per FT. @tether and @bitfinex said they had no knowledge of Capstone’s alleged misconduct.

MASSIVE GROWTH: @MorganStanley and @OliverWyman project tokenized assets could surge from roughly $40 BILLION today to $2.3 TRILLION by 2030. Wall Street’s tokenization era is accelerating.

UPDATE: @bitget says withdrawals remain temporarily suspended as cybersecurity firms Mandiant and SlowMist investigate the security incident.

BULLISH: Former @CFTC Chairman @giancarloMKTS says rising U.S. debt and Fed rate hikes are strengthening Bitcoin’s case as “digital gold,” speaking with @BitcoinMagazine.

LATEST: French chipmaker @Sequans has fully exited its @Bitcoin treasury strategy, selling its final 314 bitcoin:native. The company previously held more than 3,200 BTC at its peak.

Singapore's Web3 sector pulled in $742M in investments last year, 64% of all the country's FinTech funding. That capital gravity is exactly what BackersStage is tapping into with; The Founder × VC Summit, running during Token2049 week, backed by @BackersStage. 📍 Singapore 🇸🇬 Day 1 — Demo Day | Oct 6 Day 2 — Happy Hour | Oct 9 Cohosted by @awscloud. Cryptopolitan is a media partner. Banks, funds and institutions representing $1T+ in AUM will be in the room. Register.

JUST IN: Bitget CEO Gracy Chen says user funds are SAFE after a $351.6M hot wallet exploit, with the full loss covered by its $464M+ User Protection Fund.

BREAKING: Bitget’s native token ethereum:0x54d2252757e1672eead234d27b1270728ff90581 drops ~9% in an hour following reports of a CEX hack, with no official statement from Bitget yet.