Independent, fact-driven coverage of Finance, Macro, Geopolitics & Crypto. Team-curated, market-moving news. An initiative by @solidtradesz
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INTEL: 81% of all Bitcoin in circulation hasnβt moved in at least six months
Data: River
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INTEL: House lawmakers are examining how crypto payments could help small businesses lower costs and speed up payments
A House Small Business subcommittee held a hearing on September 15 covering crypto payments, tax and reporting requirements, security and how merchants could integrate digital assets.
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INTEL: OpenAI says its agents leaked some user images and that it is still investigating the scope of the rogue activity after identifying about two dozen incidents by mid-September.
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INTEL: SEC Commissioner Hester Peirce is set to leave the agency on October 2
Her departure comes as the SEC continues advancing crypto rules around KYC and zero-knowledge proofs that could allow users to prove compliance without exposing underlying personal data.
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INTEL: SEC staff issues new FAQs clarifying how securities laws apply to crypto
SEC staff says token buybacks on functional protocols generally do not involve essential managerial efforts. Liquid staking tokens can qualify as digital commodities or digital tools rather than securities while maintenance, enhancements and system grants generally are not considered essential managerial efforts.
Promoting crypto utility without profit claims generally does not create an investment contract.
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INTEL: Jensen Huang says slowing AI development wonβt make it safer
He argues the answer is better engineering, stronger monitoring and more advanced AI systems that can detect and stop dangerous behavior
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INTEL: Nvidia CEO Jensen Huang says AI is ushering in a βlow IQ eraβ where children may no longer need to learn basic math
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INTEL: Bitget CEO Gracy Chen says $387.5 million was transferred to attacker wallets in the Sept. 24 hack, up from the initial $351.6 million estimate
Withdrawals are being prepared to resume, with a full plan due Sept. 26 at 04:00 UTC
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INTEL: U.S. durable goods orders were flat in August, beating expectations for a 0.3% decline
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INTEL: Strategy is asking shareholders to approve daily dividend payments for STRC, STRF, STRK and STRD
Vote is Oct. 28. Annual dividend rates would stay unchanged
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INTEL: Ethena expands USDeβs basis trade into equity perpetuals through Binance, taking its collateral opportunity from $2.5T in crypto to $150T+ in real-world assets
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INTEL: KelpDAO has sued LayerZero and co-founder Bryan Pellegrino over the rsETH bridge exploit, alleging LayerZero failed to disclose security risks and prevent attackers from compromising its infrastructure
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INTEL: A whitehat reportedly moved 3,832 NFTs worth over $1.5 million to safety after old Magic Eden Ethereum approvals left them exposed to being taken for 0 $ETH
If you ever used Magic Eden on Ethereum, revoke old marketplace approvals immediately
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@blockaid_ traced the issue to Limit Breakβs Payment Processor V2, where old operator approvals can still be used to transfer NFTs for 0 ETH. Canceling listings or a master nonce does not remove that permission
@0xQuit says assets moved to a rescue wallet and are safe and will be returned. He is urging users to revoke Payment Processor V2 on Ethereum and V3 on ApeChain via revoke dot cash
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INTEL: BITGET CEO CONFIRMS THE HACK WITH LOSSES APPROX. $350M AND CLAIMS USER FUNDS ARE SAFE
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INTEL: Bitget hot wallet potentially hacked.
Onchain data shows ~$19.7M in USDT0 leaving a Bitget wallet on Arbitrum, swapped for ~7,111 ETH in six minutes at up to 5% over spot. Cause unclear. Bitget has not commented. Monitoring.
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