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U.S. federal law enforcement agencies and cybersecurity firm CrowdStrike have dismantled the Sality botnet, which covertly changed users’ cryptocurrency wallet addresses to steal funds, CoinDesk reported. Sality had been active since 2003 and was used over the past eight years to intercept crypto transfers. At the center of the attack was clipboard-monitoring malware known as “Egregor.” When users copied a Bitcoin or Ethereum wallet address, the malware detected it and replaced it with an attacker-controlled address. If victims failed to notice the switch and pasted the altered address into a transaction, the funds were sent to the attackers. CrowdStrike estimated at least 12.1 million rubles, or about $150,000, was stolen over eight years. The firm added that the value of the attackers’ holdings rose with crypto prices, reaching as much as $1.35 million in early 2025 as a large share of the stolen assets was apparently kept rather than sold.

Wyoming will use Chainlink (LINK) to verify on-chain, in near real time, the reserves backing FRNT, its official stable token, The Block reported. According to the Wyoming Stable Token Commission, the move will make it possible to verify FRNT’s reserve assets on-chain on a near real-time basis. The commission plans to continuously disclose the status of the reserves by combining independent external verification with automated on-chain checks.

Coinbase announced support for cryptocurrency derivatives trading for eligible investors in Canada. The products will be offered through Coinbase Financial Markets. Coinbase said it has become the first exchange to directly offer crypto-based futures products in Canada.

NYSE-listed e-commerce company DDC Enterprise said in its first-half earnings report that its BTC holdings rose 145% to 2,899 from 1,181 at the end of last year. The company posted a net loss of $38.4 million for the first half, including $34.3 million in unrealized valuation losses on its BTC holdings.

Socios.com, the sports token platform under Chiliz (CHZ), said it plans to work with tokenization platform Securitize on a project to tokenize equity stakes in professional sports teams. The two companies plan to work with teams, existing owners and institutional investors to issue minority stakes in pro sports clubs as "Socios Equity Token" products. Socios.com will handle club partnerships and fan-facing services, while Securitize will oversee tokenized securities issuance, investor onboarding, ownership management and trading restrictions.

Sui announced on X support for Crabata, a regulated stablecoin infrastructure platform in Latin America. Crabata has secured 5 million users across the region and offers global accounts that can be integrated with stablecoin transfers, payments and services. Through Sui, Crabata’s regulated stablecoin payment infrastructure in Latin America has expanded to the Sui network.

Shares of Nakamoto, led by CEO David Bailey, a Bitcoin adviser to President Donald Trump, have fallen about 99% from their peak, Bloomberg reported. The company raised about $760 million last year to build a Bitcoin reserve and announced plans in May 2025 to go public through a merger, but the stock later plunged. Bloomberg linked the drop to a broader decline in shares of listed companies holding large amounts of Bitcoin, while Bailey said he is now focused on proving Nakamoto has a sustainable business model beyond its Bitcoin holdings.

Solana Foundation Chair Lily Liu said a long-term token asset supercycle is taking shape as capital, assets and ownership shift to blockchain-based internet infrastructure. In a contributed article, Liu said tokenization is not simply the process of moving traditional assets onto a blockchain, but a fundamental change in how assets are issued and held, how funding is raised, and how trading is conducted in a 24-hour market. Liu said the shift is being driven by stablecoins, the securitization of financial institutions' assets, and advances in blockchain infrastructure. Stablecoins have already demonstrated the potential for global on-chain fund transfers, while blockchain networks are approaching the speed and cost levels needed for real-world economic activity, Liu added. Liu also said almost any asset with clear ownership could now be tokenized, broadening distribution and creating new opportunities for fundraising and trading. Over the past year, Solana's tokenized real-world asset, or RWA, trading volume reached hundreds of billions of dollars, while U.S. Treasuries, stocks and private credit were tokenized, according to Liu. Over the same period, stablecoin transfer volume topped $4.7 trillion, Liu said. Tokenization could also expand investment access by lowering barriers tied to geography, minimum investment thresholds and investor qualifications, while increasing opportunities to use held assets as collateral or generate yield, Liu said.

BTC and XRP may be forming a so-called 'Bart Simpson pattern,' in which prices surge, move sideways, and then quickly give back gains, CoinDesk reported. BTC rose from $64,420 on Aug. 19 to around $80,700 on Aug. 25 before slipping to about $76,500. Frank Hepworth, founder of Newmarket Trading, said BTC failed to break above the key resistance level at $81,000 and could fall to $70,000, with downside open to $58,000 if selling pressure strengthens. XRP also jumped from $1 to $1.52 before declining to around $1.32, and Hepworth said it could retreat to between $0.55 and $1.21 if BTC enters a correction.

U.S. Treasury Secretary Scott Bessent warned the cryptocurrency sector could also become a target of new sanctions as Washington engages with parties linked to support for Iran. The United States plans to systematically exclude improper actors in connection with the Iran issue, and is also advising relevant parties to distance themselves from related transactions and cooperation involving Iran and Russia and not support those regimes.

Hong Kong digital asset firm HashKey Group has joined the Depository Trust & Clearing Corporation’s digital asset tokenization working group as the first Asian digital asset company to do so, Crypto Briefing reported. The group includes more than 100 global financial institutions, including JPMorgan and Goldman Sachs, and is working to establish standards for the issuance, settlement and custody of tokenized real-world assets. DTCC completed its first tokenized transaction in a live operating environment in July and plans to launch a standardized tokenization service in October.

Whale Alert reported that 203,300,497 USDC has been transferred from Coinbase Institutional to an unknown wallet. The transaction is valued at about $203 million.

Crypto market maker Wintermute said the cryptocurrency market has rebounded recently, but fresh capital is still needed for a full-fledged new bull market, and real-world assets could fill that role. Wintermute said venture capital and ICOs in 2017-2018, stablecoins in 2020-2021, and ETFs and corporate crypto reserve holders in 2024-2025 all accelerated bull markets. The firm added that tokenized real-world assets, or RWA, could become the next major liquidity channel. It said the value of on-chain asset tokens has doubled over the past year to more than $300 billion and kept expanding even during periods of declining stablecoin supply. According to Wintermute, the initial funds used to buy RWA came from capital previously allocated to traditional assets such as Apple shares and U.S. Treasuries. Once that capital moves onto blockchain rails, however, barriers to shifting into BTC, altcoins and DeFi could fall sharply, the firm said. As regulatory frameworks become clearer and tokenized Treasuries and funds begin to be used as collateral across multiple platforms and in DeFi, RWA could drive a slower but longer-lasting market cycle, Wintermute added.

Bhutan’s royal government transferred 400 BTC, worth about $30.62 million, to a newly created address, according to Lookonchain. The purpose of the transfer was not identified.

Bitcoin miner Hyperscale Data halted Bitcoin mining at its Michigan data center on Sept. 1, Crypto Briefing reported. The company plans to use the power for higher-margin operations and has signed a master services agreement through its subsidiary Alliance Cloud Services to convert the Michigan facility into an AI data center.

Thailand’s Securities and Exchange Commission has finalized a crypto travel rule that will require digital asset businesses to verify sender and recipient information, according to Crypto Briefing. Under the rule, all digital asset operators in Thailand must collect, transmit, and verify information tied to cryptocurrency deposits and withdrawals. The regulation will take effect on Feb. 27, 2027, giving the industry about 18 months to prepare.

U.S. Commerce Secretary Howard Lutnick said markets will stabilize and the bond market will drive interest rates lower. Lutnick expressed optimism about the bond market outlook, saying rates will stabilize and begin to decline within the next six months, adding, "our very favorable position."

Global financial infrastructure platform OpenPayd has moved to expand its U.S. business after completing its merger with MSB USA, CryptoPotato reported. Through the integration, OpenPayd secured money transmitter licenses in 43 U.S. states, strengthening its regulatory footing to broaden local financial services.

On-chain analyst Axel Adler Jr. said BTC’s composite investor sentiment index fell to 70.05 on Sept. 2 from 88.11 on Aug. 24 but remained in extreme greed territory. Over the same period, BTC slipped slightly to $77,640 from $78,680, suggesting strong investor sentiment did not translate into further price gains. Adler said elevated sentiment alone is not a bearish signal, but when prices fail to rise despite excessive optimism, the market may become more vulnerable to downside pressure if buying weakens.

Grayscale, Andreessen Horowitz and the Crypto Council for Innovation have urged the U.S. SEC not to regulate new types of exchange-traded products under a one-size-fits-all framework and instead review them on a case-by-case basis, Cointelegraph reported. They argued crypto-based products should not be classified simply as "new products" in ways that trigger additional regulation or delay launches, and also opposed automatically subjecting products holding non-securities assets to the Investment Company Act. Instead, they proposed improving the approval process by setting clearer review timelines and introducing procedures such as private pre-filing consultations.

CryptoQuant contributor Darkfost said buying momentum in the BTC futures market is weakening. Darkfost said the 30-day average net taker volume recently plunged to $97.8 billion from $213.7 billion, while the taker buy/sell ratio, which had risen to 1.21 on Aug. 19, shifted to seller dominance starting Aug. 30. The analyst added optimism seen when BTC broke above $65,000 has faded and short positions are increasing, indicating market conditions appear to be deteriorating in the near term.

Crypto-related stocks were broadly lower in U.S. premarket trading, with Circle (CRCL) down 2.48%, Strategy (MSTR) down 2.08%, and Coinbase (COIN) down 1.83%.

LD Capital founder Jack Yi said on X that BTC had recently failed to break through the $81,000 resistance level, and Yi expects a pullback to $75,500-$76,000 before it rises again to test the next resistance level at $86,000.

Bitcoin rose about 25% in August, marking its strongest August performance since 2017, but investor sentiment did not strengthen at the same pace as prices, according to on-chain analytics firm Santiment. Santiment said Bitcoin surged from around $64,700 on Aug. 18 to about $78,300 on Aug. 21. Even so, the average sentiment balance, a gauge of investor sentiment, stood at just +32 from Aug. 19 to 31, lower than the +72 recorded in July when Bitcoin had traded sideways at around $63,000. Santiment said the Coldcard hack in early August appears to have weighed on sentiment. The indicator fell to -540 on Aug. 1 in the wake of the incident and recovered to around zero only near Aug. 19, when the rally began. Santiment added that no signs of overheating emerged even after the uptrend started. During the rally, the daily peak in sentiment balance was +73, versus +183 in July during the extended sideways market. Bitcoin has entered an uptrend, Santiment said, but investor sentiment has yet to catch up.

Blockchain-based lending platform Figure said it has completed its $717 million acquisition of U.S. real estate lender Kiavi. The deal brings Kiavi’s lending technology and operating platform into Figure’s blockchain-based lending marketplace. Kiavi is expected to add more than $7 billion in annual new loan volume to Figure Connect, the company’s lending platform, and supply more than $100 million in loans each month to its on-chain lending platform, Democratized Prime.