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What happened this weekend in the crypto market?
• Brent crude oil surpassed $90 per barrel after attacks between the United States and Iran in the Strait of Hormuz
• U.S. debt reached a record $39,500 billion
• FTX will distribute about $900 million to its creditors for the 5th round of repayments
• The cryptocurrency market has lost more than $500 billion since its May peak
• Strategy shows an unrealized loss of $9.8 billion
• Bitmine now only needs 507,000 ETH to hold 5% of Ethereum’s circulating supply
• Peter Brandt expects a Bitcoin dip in early October to around $40,000 before another rise
• The U.S. Senate is expected to release a new version of the CLARITY Act this week, but Democrats refuse to support it
• Stablecoin issuers have two years to comply with the GENIUS Act, with full enforcement in July 2028
• Consensys, the developer of the MetaMask wallet, found that a developer linked to North Korea had been briefly hired
• Kaspersky identified new malware targeting crypto investors through fake apps on GitHub
• According to Bloomberg, prediction markets captured 27% of bets tied to the World Cup
• A new Bitcoin proposal, BIP-361, aims to protect vulnerable wallets from quantum threats