CryptoSlate

Malone Lam pleaded guilty to helping run a crypto theft ring that stole and laundered more than $245M.
One victim alone lost over 4,100 BTC. Prosecutors say the money funded private jets, $500K nightclub nights, supercars and six-figure watches.

🗞 Top Crypto Gainers & Losers: Wed, Sep 9 (24H)
📈 Biggest Gainers
STONK (stonkfun. xyz) STONK +49.15%
Raydium (RAY) +27.36%
AIOZ Network (AIOZ) +17.73%
📉 Biggest Losers

Hunter Biden’s Laptop (LAPTOP) -94.62%
AKEDO (AKE) -22.31%
Pons (PONS) -14.50%

Lido added 386,000 ETH in H1, yet its staking market share fell from 23.93% to 21.18%.
It captured just 5.7% of Ethereum’s net staking growth as institutional capital favored other routes.

Bitcoin is holding above $78K despite Brent above $100 and the 10-year Treasury yield near 4.8%.
New leveraged positions lean long, leaving traders exposed to liquidations if Friday’s CPI sends prices lower.

Canaan posted a $97.6M quarterly loss as revenue missed guidance and mining-machine sales weakened.
More than half its 1,915.5 BTC was pledged for loans at June 30. In August, it sold 54 BTC and 3,952 ETH for $13.9M, using part of the cash to buy back shares.

Borrowing against Bitcoin can avoid a sale, but the BTC often has to be wrapped first.
That means the borrower keeps price exposure while adding new dependencies: a custodian holding the real BTC, the wrapper staying redeemable and the lending protocol avoiding liquidation.

Luxor estimates 235 EH/s of Bitcoin mining capacity is sitting idle—about 20% of the installed total.
If enough of it comes back online as margins improve, difficulty rises and hashprice gets squeezed again. A hashrate rebound can make the recovery less profitable.

The yen hit its strongest level since February while Bitcoin held near $78.5K.
With ¥360T ($2.35T) in cross-border yen borrowing, further BOJ tightening could force investors to unwind funded positions and sell risk assets. BTC hasn’t cracked yet.

Federal trust charters can give crypto firms a firmer legal footing for custody, but they don’t remove Washington from the equation.
The risk just changes shape: less deposit-run exposure, more dependence on OCC supervision, charter conditions and outside banks for cash.

Bitcoin and the S&P 500 posted a −0.62 correlation between their price paths over 260 observations. Their percentage returns were still positively correlated at +0.40.
Bitcoin fell on 76 of 115 dates when stocks declined.

₿ PREDICTION MARKET: Bitcoin’s path through year-end is priced for volatility, not a clean direction.
Below $75K leads the prediction market at 76.5%, while both downside and upside thresholds can still hit.

Some Core Lightning Docker images reported v26.06.7 even though the security fixes were missing.
Four tags were affected between Aug. 28 and Sept. 1. Operators who upgraded during that window should verify the image digest and re-pull any mismatched image.

Strive added 921,511 SATA shares in a week while buying 1,375 BTC, pushing its annualized preferred dividend bill up by nearly $12M to about $130M.
Cash rose too, but cash-only dividend coverage barely moved: 18.67 months to 18.71.

Strategy doubled its STRC buyback authorization to $2B after spending $811.5M trying to pull the preferred back to $100.
Last week, it bought no Bitcoin and sold no MSTR. Instead, it directed $176.3M into STRC repurchases.

Metaplanet’s executive options pool grew from 46M to 319.5M potential shares as Bitcoin fundraising expanded the share count.
Shareholders want ~273M of that increase canceled. CEO Simon Gerovich has already exercised 64M shares at ¥10 each; they’re locked until 2031.

The dollar’s share of global reserves fell from 64% to 56% over the past decade. That does not mean central banks bought Bitcoin.
New York Fed research shows reserve growth and portfolio weighting can reduce the dollar’s global share even when central banks do not cut their dollar holdings.

Strategy’s $250 Bitcoin-themed Air Jordans sold out within four days of launch. The company did not disclose how many pairs it offered.
Strategy holds 845,050 BTC, or 4.02% of Bitcoin’s fixed supply. It is now selling that Bitcoin identity directly to consumers.