Bitcoin

Bitcoin Magazine Lummis Blasts Democrats Ahead of Clarity Act Vote — But Adds Bill Can Get Passed Republican Senator Cynthia Lummis has again slammed Democrats over the long-awaited crypto Clarity Act. Writing on X on Tuesday, the pro-crypto lawmaker responded to an article from Semafor that reported Republican senators saying the bill was likely to fail when the senate returns next week. Lawmakers were hoping a crucial vote on the long-awaited crypto market structure bill would go ahead in August before their five-week recess. But it was delayed and the Senate will now vote on it next week. JUST IN: U.S. Senate will hold a procedural cloture vote on the Clarity Act one week from today. Senator Cynthia Lummis says if they fail to pass it next week, "we will not get another realistic shot at this before the end of the decade" Pass it pic.twitter.com/BIejUDw0Tu — Bitcoin Magazine (@BitcoinMagazine) September 8, 2026 “If this bill fails it won’t be because of ethics, it will be because Democrats didn’t join Republicans in embracing a bipartisan bill that protected consumers, cements America’s leadership in digital assets, and empowered law enforcement to clamp down on illicit finance,” wrote Lummis. She said that Democrats were continuing to “demand changes” that could allow future regulators to “kill the crypto industry.” “If we can bridge those gaps I’m confident we can pass Clarity, but they require further compromise from Democrats, not the White House,” added Lummis. Lummis previously said that if the Clarity Act dies, it will be because of the Democrats. Lummis and other pro-crypto lawmakers have blasted politicians who they think are deliberately holding back the bill. The Clarity Act drafts a framework to formally divide oversight between regulators, distinguishing which digital assets are securities, commodities or stablecoins. Though passed by the House of Representatives last July, it has been stalled this year, mostly because the banking lobby clashed with crypto companies over paying customers stablecoin yield. A new draft tackling the issue of ethics started circulating in July, banning government officials from promoting or making money from crypto — something Democrats have criticized the Trump family for doing. Despite the changes, a group of Democrats said the bill fell short and wanted amendments. President Donald Trump has urged lawmakers to get the legislation over the line. In August, he said that in order for the U.S. to remain the “undisputed leader in Bitcoin and crypto,” they had to pass the “very, very powerful legislation.” This post Lummis Blasts Democrats Ahead of Clarity Act Vote — But Adds Bill Can Get Passed first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine CoinCorner Launches Lloyd’s-Insured Multisig Bitcoin Vault with AnchorWatch British bitcoin exchange CoinCorner has debuted a multisig BTC custody service that splits control of customer keys between the Isle of Man exchange and its US partner AnchorWatch — with holdings insured by Lloyd’s of London. The service charges 1.5% a year and is pitched at owners who want cold-storage security without managing hardware themselves, the Isle of Man-based company announced Tuesday. Its new service comes following the Coldcard wallet hack — where bitcoin holders using a single signature wallet lost funds after hackers were able to exploit the popular products due to a firmware bug in the devices that lead to a weak seed generation. About $115 million was lost in the theft. “Vault offers a simple non-technical setup for customers, and partnering with AnchorWatch means we can offer fully insured, multi-signature custody with the simplicity our customers expect from CoinCorner,” CoinCorner CEO Danny Scott said in a statement. Customers can open a Vault and deposit whatever amount they choose, but the bitcoin doesn’t move into the insured wallet immediately, CoinCorner said. Rather, transfers typically happen on the first working day of the following month, and holdings are verifiable on-chain via a wallet address CoinCorner provides. Top-ups are allowed anytime, the companies said, Customers define their own identity verification rules before funds can move. CoinCorner added that it is the first service of its kind globally. Multisig has long been the security-conscious Bitcoin holder’s answer to single-key risk but has also been dismissed as too fiddly for anyone but the technically committed: setting one up traditionally means assembling several hardware devices, generating and backing up multiple private keys and keeping track of which key sits where. CoinCorner and AnchorWatch are aiming to simplify things. Vault handles key distribution on the customer’s behalf, leaving them with the security properties of multisig without the setup that has kept most people away from it. This post CoinCorner Launches Lloyd’s-Insured Multisig Bitcoin Vault with AnchorWatch first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Capital B Buys 376 Bitcoins in Its Biggest Purchase of 2026 European bitcoin treasury Capital B has announced a BTC buy, snapping up 376 coins — one week after it said Blockstream boss Adam Back was investing in the company. The Euronext Growth-listed company said Tuesday that it now owns 3,521 bitcoins — worth over $277 million at today’s prices — making it the 25th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries data. Capital B’s buy was for €25.3 million (over $29 million), according to its announcement. Capital B confirms the acquisition of 376 BTC for €25.3 million, the holding of a total of 3,521 BTC, and a BTC Yield of 2.17% YTD Full Release (EN): https://t.co/PQDwqfWX9a Full Release (FR): https://t.co/SrVf8lvp8Q BTC Strategy (EN): https://t.co/P5j3GA76kt — Capital B (@_ALCPB) September 7, 2026 Just last week, the company said that top bitcoiner Adam Back, who heads up bitcoin infrastructure company Blockstream, had invested €7.6 million ($8.8 million) in Capital B to help with its buys. The firm in August said it had raised €21 million ($24 million) in a private placement backed by Back and asset manager TOBAM. The bitcoin treasury’s stock was trading 2% lower on Tuesday. Capital B built most of its bitcoin position through fundraising rounds during the first half of 2026. In May, it snapped up 192 coins for €13 million after completing three capital raises. The company, which calls itself “Europe’s first Bitcoin treasury company,” is trying to build a bigger bitcoin position as other treasuries look to raise funds and accelerate their buys. Capital B says on its website that it wants to eventually hold 210,000 bitcoins. “Our objective is simple: accumulate 1% of Bitcoin’s total supply by 2033,” it reads. Digital asset treasuries became big in 2025 as more publicly traded companies tried to follow in the footsteps of Nasdaq-listed Strategy (formerly MicroStrategy), which started buying bitcoin in 2025. Hundreds of publicly traded companies started buying bitcoin — with many buying other cryptocurrencies — to boost their stock prices. But since the price of bitcoin started dropping, a number of them are now under water or have had to sell their holdings. Strategy, the largest corporate holder of the asset, has this year slowed down its bitcoin buys and instead pivoted to building a stronger cash balance and buying back its stock as the price of its shares has tumbled. This post Capital B Buys 376 Bitcoins in Its Biggest Purchase of 2026 first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Castle Opens Its Bitcoin Savings Stack to Individuals Castle, the company behind an automated bitcoin financial stack for businesses, has said it is opening its platform to individuals, bringing its high-yield product to personal accounts along with a first for the category: the option to take dividend income in bitcoin at whatever ratio the customer picks. The yield comes from STRC, Strategy‘s perpetual preferred stock, which Castle added earlier this year and which currently pays a 12% annual dividend on a semi-monthly schedule. Holders can take 100% of that payout in cash, 100% in bitcoin, or anything in between, according to a Tuesday statement. Most Castle customers land in the middle, the company said, covering operating expenses with cash while the remainder compounds into bitcoin automatically at every payout. “Investors have long faced a choice between earning steady yield and holding bitcoin. Castle eliminates that trade-off,” co-founder and CTO João Almeida said. “By enabling a portion of dividend income to be automatically converted into bitcoin, so customers get both cash flow and long-term upside.” The broader pitch is consolidation: Castle puts operating cash, fixed income, and bitcoin accumulation on one platform, cutting out the shuffle between a bank, an onramp, and a brokerage. The system is built automation-first: users define a strategy once and the platform executes it. Until now, Castle served business entities exclusively — restaurants, gyms, churches, accounting firms, e-commerce shops, auto dealers, SaaS companies, real estate, and non-profits among them. The push into personal accounts came from those same customers. “Feedback we heard over and over from business owners was: ‘I love this stack — when can I use it personally?'” co-founder and CEO Stephen Cole said. “Today we’re answering that. The same automated bitcoin-powered financial stack that runs their company’s balance sheet can now run their personal finances.” Castle was founded by Cole and Almeida and is backed by Boost VC and Winklevoss Capital. More information about the company’s product can be found here. This post Castle Opens Its Bitcoin Savings Stack to Individuals first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Strategy Halted Its Bitcoin Buys Again Last Week Bitcoin treasury Strategy has halted stacking sats — again. Just one week after resuming its bitcoin buying following a 10-week hiatus, the Nasdaq-listed company has put its BTC purchases on hold again. Instead, the firm continued buying back its stock, repurchasing $176 million of STRC and increasing the size of its digital credit securities repurchase program from $1 billion to $2 billion, according to a Tuesday regulatory filing and announcement from founder and chairman Michael Saylor. Strategy has repurchased $176M of $STRC and increased the size of its Digital Credit Securities Repurchase Program from $1.0B to $2.0B. As of 9/7/26, we hold 845,050 $BTC and $6.5B of USD Assets. $MSTR https://t.co/mxqv9QCRat — Michael Saylor (@saylor) September 8, 2026 The company still holds 845,050 bitcoins worth over $66 billion at today’s prices and $6.5 billion in dollar reserves. The bitcoins were bought at an average price of $63.73 billion, according to Tuesday’s filing. Strategy shares (NASDAQ: MSTR) were trading more than 3% lower Tuesday morning in New York. The company paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings. Strategy has defended its bitcoin sales, with CEO Phong Le saying that the company now has a “bullet-proof balance sheet” because of the move, and that it was the “right trade at the time” to sell when it did. In the company’s quarterly earnings in July, Strategy posted a $8.22 billion loss. But Le reassured investors that the firm’s current paper loss was nothing to worry about. “We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. It first bought the cryptocurrency to protect its shareholders from inflation. Since then, it has aggressively bought the asset and pivoted to being a bitcoin treasury. Investors can now buy its shares to get heightened exposure to the cryptocurrency, or get paid a yield via its digital credit products. This post Strategy Halted Its Bitcoin Buys Again Last Week first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine How One Executive Recruitment Firm Is Using M&A to Turn Earnings Into Bitcoin Connecting Excellence Group (XCE) has signed binding Heads of Terms for its first proposed recruitment acquisition, targeting a specialist UK and U.S. recruitment business that generated £1.79 million in revenue and £431,000 in EBITDA over the last 12 months. The target also holds 8.216 Bitcoin. The deal has not yet closed and remains subject to further due diligence, funding and a definitive purchase agreement. [Read XCE’s full announcement.] Beyond the headline, the structure of the deal offers an interesting look at how an operating company can use M&A as part of a broader Bitcoin strategy. XCE (AQSE: XCE | OTCQB: XCELF) wants to acquire profitable recruitment businesses, retain much of the earnings they generate, and expand the pool of internally generated capital available for growth and Bitcoin. There is also a notable symmetry between buyer and target. XCE’s existing operating business, Spencer Riley, grew revenue 20.6% over its latest 12-month period. The acquisition target grew revenue 21.5% over the same period. XCE is not simply looking to add scale. It is attempting to acquire growing, profitable businesses and bring them into a listed group with Bitcoin on its balance sheet. Acquiring Earnings Power XCE expects to pay £575,000 in initial cash consideration at completion. Approximately £425,000 would settle amounts owed to the target companies by the vendors and return to the group, resulting in an estimated net cash outflow of roughly £150,000 before transaction costs. Another £60,000 cash payment is due in 2028, while much of the remaining consideration is deferred and tied to EBITDA performance through fiscal 2029. XCE expects to retain approximately 75% to 85% of the acquired business’s cumulative EBITDA during the earn-out period. Compare that with the business being acquired: £1.79 million in trailing revenue, £1.27 million in gross profit and £431,000 in EBITDA, with revenue growing 21.5% year over year. The objective isn’t simply to buy more revenue. XCE is attempting to acquire additional earnings power while preserving as much capital as possible. If the business continues performing after completion, those earnings become another source of capital available for reinvestment, additional acquisitions and Bitcoin. That is where M&A starts to become part of the Bitcoin strategy. Acquiring the Balance Sheet, Too The model can extend beyond revenue and earnings. When an acquisition target holds cash reserves, XCE can structure a transaction to acquire that reserve from the seller and then change how that capital is held once it sits inside the group. In practice, that could mean raising capital to acquire £1 million of existing cash reserves and subsequently converting that reserve to Bitcoin. The result is different from simply raising £1 million and spending it on Bitcoin. XCE is acquiring the operating business around the reserve as well: its revenue, earnings and future cash-generating capacity. This proposed deal provides a direct example of the same principle, except the target has already made the conversion. It holds 8.216 BTC. Under the proposed terms, XCE would purchase that Bitcoin at market value with no premium. The cash paid would be matched by Bitcoin of equivalent value moving onto XCE’s balance sheet. So the Bitcoin isn’t being acquired for free with the operating business. XCE is effectively exchanging cash for an equivalent amount of Bitcoin while separately acquiring the underlying earnings stream. If completed, however, the transaction would expand both sides of XCE at once: another growing, profitable operating business and another 8.216 BTC on its balance sheet. That combination is central to the model. An acquisition can potentially add revenue, EBITDA and balance-sheet assets at the same time. A Decentralized Acquisition Compounder How XCE intends to operate the businesses after acquisition is another important part of the strategy. The company is targeting profitable, owner-managed specialist recruitment businesses, but it does not intend to absorb them into a single centralized operating brand. Acquired companies retain their existing brands, management teams and operating independence while joining a publicly listed group backed by a Bitcoin balance sheet. That makes XCE’s model closer to a decentralized acquisition compounder. Rather than attempting to create value primarily through integration and cost cutting, the strategy is designed to let individual businesses continue operating with autonomy while XCE provides permanent ownership, access to the listed group and centralized capital allocation. XCE’s existing business gives some context for the type of growth it is looking to add. Spencer Riley generated approximately £1.84 million in revenue during the 12 months ended June 30, up 20.6% from the prior year. The proposed acquisition target grew at a similar rate, with revenue rising 21.5%. If XCE can continue acquiring businesses with similar economics, the group can potentially compound by adding new earnings streams without dismantling the businesses producing them. Those earnings then feed into a common capital allocation framework in which Bitcoin is one potential destination. Building More Than One Source of Capital XCE isn’t relying on operating earnings alone to grow its Bitcoin position. The company reported 72.94 BTC as of September 1, up from 9.27 BTC at its December 2025 IPO. Capital markets activity has contributed to that growth. Most recently, longtime investor Adam Back subscribed for new XCE shares through the transfer of 10 BTC to the company, increasing its Bitcoin holdings by 15.9%. M&A introduces another source of potential capital alongside those transactions: earnings and balance-sheet assets acquired with the operating businesses themselves. Put together, the model looks something like this: Acquire profitable businesses → retain their autonomy and earnings power → grow group cash generation → allocate capital across further acquisitions and Bitcoin → repeat. External capital can provide immediate purchasing power, as the Adam Back transaction demonstrates. Acquired reserves can add balance-sheet capital. Profitable operating businesses can continue generating capital as long as they perform. XCE is attempting to combine all three. The Operating Economics Come First Bitcoin does not make a poor acquisition a good one. XCE still has to acquire quality businesses at sensible prices, preserve their earnings power and allocate the resulting capital effectively. But the strategy illustrates how Bitcoin can fit inside a traditional operating company without becoming disconnected from the business underneath it. The decentralized structure is important here. XCE does not need every acquired company to become a “Bitcoin business.” The recruitment companies can continue serving their customers, operating under their existing brands and generating earnings. Bitcoin sits at the group level as part of the broader capital allocation strategy. That creates a different way to think about Bitcoin on a corporate balance sheet. The company can raise outside capital. It can acquire existing reserves and change how they are held. It can acquire profitable businesses and retain the cash they generate. Management can then allocate capital between operations, additional acquisitions, other corporate needs and Bitcoin. That is how XCE is using M&A to turn earnings into Bitcoin. Not by automatically converting every pound of profit into BTC, but by building a decentralized group of profitable businesses capable of producing more earnings and making Bitcoin one destination for the capital they generate. For operators, that may be the more interesting question: not simply how to find more capital to buy Bitcoin, but how to build a business capable of generating more capital in the first place. Disclaimer: This content was prepared on behalf of Bitcoin For Corporations for informational purposes only. It reflects the author’s own analysis and opinion and should not be relied upon as investment advice. Nothing in this article constitutes an offer, invitation, or solicitation to purchase, sell, or subscribe for any security or financial product. This post How One Executive Recruitment Firm Is Using M&A to Turn Earnings Into Bitcoin first appeared on Bitcoin Magazine and is written by Nick Ward. 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Bitcoin Magazine Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC The “White hat” party that withdrew nearly 4,000 bitcoin from the Liquid Network federation wallet on Sunday returned 3,400 BTC to the wallet on Monday. About 598 BTC, or 15% of the consolidated pile, stayed at the same holder address as an implied bounty fee worth 48 million dollars. The return transaction (bc49a46d), confirmed at 16:09 UTC on September 7. It returned exactly 3,400 BTC to the labeled Liquid peg script address and sent the 598.5 BTC change back to the “White hat” hacker address as change. The transfer followed a day of messages written into Bitcoin blocks. The White hats first published transaction on chain with a message in the OP_RETURN arbitrary data field “contact us on chain”; the message came from the address holding the 4000 BTC taken from the Liquid Network. A Blockstream-linked address answered with “Please contact security@blockstream.com”. Later notes from that sender carried Electrum-encrypted payloads and PGP signatures that can be verified against Blockstream’s published security key. In block 965869, the White hats asked in the clear text whether sending “most” back to the federation script was acceptable. The 1,000-sat output on that transaction was only a message carrier. Soon after, the White hats wrote “Please fix the bug first. The chain is under risk at latest commit right now. Make sure every node is patched. Then we will transfer the money back safely after confirming the fix.” followed by an encrypted blurb of text to Blockstream’s PGP key. In the same block, a clear-signed reply from the Blockstream sender said “Yes, thank you.” Hours later, the same Blockstream posted another clear-text note: “Bridge nodes are patched, safe to return the funds”. Minutes after the 3,400 BTC landed. The white hats sent back 85% of the funds, keeping 15% as an implied finder’s fee. The choice was celebrated by some on X as ‘better than keeping 100%’ while others were a bit shocked at the amount. While 15% might sound reasonable, the total sum is so large that it nears $50 million at today’s prices. Blockstream was clearly not happy about the finder’s fee, as four encrypted messages followed onchain a few hours later, likely after the main fires had been put out at the office and the lawyers had a chance to have a say in the matter. An hour later, one more encrypted message was posted from Blockstream. The White hats replied with two encrypted messages. Blockstream replied once an hour later. Then the White hats published a simple yet meaningful “ ” sad face emoji. This emoji does a lot of work. It suggests that negotiations did not go well over reducing the size of the bounty. Blockstream wizards are clearly ‘big mad’ about the size of that finder’s fee. What exactly was said in those encrypted messages is not known and Blockstream has made no public statements on the matter. But we can only assume the saga is not over. The full chat can be easily followed on this vibe-coded site (by yours truly). A couple of other researchers are keeping tabs on the conversation and on-chain data, such as Sjors’s GitHub gist and Alex Thorn from Galaxy Research. Liquid’s Sunday statement is still the network’s last official account post: purported whitehats withdrew about 4,000 BTC through the SideSwap peg-out path, the PAK itself was not compromised, other issued assets were unaffected, and the sidechain was paused. Liquid and Blockstream had not posted a new statement on the 3,400 BTC return as of this writing. SideSwap had said the L-BTC in the original peg-out “came from an Elements bug.” This post Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC first appeared on Bitcoin Magazine and is written by Juan Galt. Переглянути повний текст

Bitcoin Magazine Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves The Liquid Network said Sunday that purported white-hat hackers withdrew about 4,000 bitcoin, worth about $320 million, from the federation wallet that backs L-BTC. Bridge nodes were disabled, and the sidechain was paused. Other issued assets, including USDT, DePix and RWAs, were unaffected, the official account said on X. The Liquid Network is a federated sidechain of Bitcoin, founded by Adam Back’s Blockstream. The Liquid chain issues a variety of assets such as LBTC, which it backs with BTC on the Bitcoin main chain, held in a large multisig of 15 corporate and known members. 11 of the 15 members need to sign a valid multi-signature transaction to move coins from the treasury. Before the hack, the treasury held over 4200 BTC; after the hack, Blockstream’s proof of reserves page reports a little over 207 BTC left. The hackers withdrew 4,019.4 BTC from the reserve address in a peg-out transaction using the SideSwap Peg-out Authorization Key. SideWap is a bridge exchange and a member of the Liquid Federation. While details on the mechanism of the hack are not confirmed yet, it appears an inflation bug on the LBTC side chain was exploited by the hackers to create over 4,000 LBTC that did not exist before, and cash them out for on-chain bitcoin from the federation. Because the transaction appeared as valid, given the consensus bug, the federation members’ HSM security servers signed the BTC withdrawal transaction, worth roughly 320 million at the time. The hacker moved the funds to an address ending in 6gyqjlte, from which they quickly signed a new transaction with a message on the OP_RETURN arbitrary data field saying “we are whitehats. contact us on chain.” Those coins were still at that address at the time of writing. A small mainnet transaction to the hacker address followed by an OP_RETURN saying “Please contact security@blockstream.com”, presumably from a Blockstream public address, though that remains unconfirmed. A later OP_RETURN spend from the hacker address carried “Please contact us on Signal @m671aw.70.” Because this transaction includes an input from the address holding the 4000 BTC hacked, the message must come from the hacker. In response to the breach, exchanges were told to pause L-BTC deposits and withdrawals. Bridge nodes on the Liquid Network have been paused, limiting access to the side chain, which continues to produce blocks. JAN3 CEO Samson Mow said Aqua’s Liquid features were affected and that on-chain bitcoin still worked. Other wallets in the industry that use the Liquid Network are expected to be affected. Users holding LBTC now effectively have their savings at risk, since the underlying BTC is currently not redeemable. Given the private nature of the Liquid chain, user onchain analytics are scarce and not much public information is known about how much LBTC is held by retail users versus corporations of Blockstream itself. Nevertheless, should the funds not be returned, it would be a heavy blow to the Liquid Network’s user base. Users of LBTC don’t have many options but to wait for conversations with the hackers to resolve. Given the size of the hack, it would be difficult for the hackers to get away with stealing all that bitcoin, though perhaps not impossible. What may happen is that the hackers ask for a finder’s fee and return the majority of the funds. This post Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves first appeared on Bitcoin Magazine and is written by Juan Galt. Переглянути повний текст

Bitcoin Magazine Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading British financial services firm Hargreaves Lansdown is letting retail investors buy bitcoin — nearly one year after it said the cryptocurrency was “not an asset class.” The Bristol, UK-based investment firm’s website said it was offering bitcoin and other crypto exchange-traded notes to investors. ETNs are investment funds which trade on stock exchanges and track the prices of digital assets. It comes after the firm, which manages nearly £173 billion (over $233 billion) in assets, last year warned customers about buying bitcoin. NEW: U.K.'s largest investment platform Hargreaves Lansdown is now offering Bitcoin products to 2 million clients! pic.twitter.com/GgdeHK8vyM — Bitcoin Magazine (@BitcoinMagazine) September 4, 2026 “While longer-term returns of Bitcoin have been positive, Bitcoin has experienced several periods of extreme losses and is a highly volatile investment — much riskier than stocks or bonds,” the firm said at the time. “The HL Investment view is that Bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income and shouldn’t be relied upon to help clients meet their financial goals.” Now, a number of ETNs tracking the price of bitcoin and other cryptocurrencies are available. The firm warns users that “crypto ETNs are considered high-risk and may be volatile.” U.S. regulator the Securities and Exchange Commission in 2024 approved bitcoin exchange-traded funds for investors after a decade of saying no to the products. The funds had the most successful debut in the history of ETFs as investors previously unable to buy exposure to the asset class rushed in to buy the products. Run by top asset managers and banks like BlackRock, Fidelity, and Morgan Stanley, the investment vehicles now collectively manage over $100 billion in assets. This post Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Trezor Breach Worse Than Reported: Another 67,000 US Customers Exposed Hardware wallet manufacturer Trezor has said that a data breach first announced last month is worse than originally reported. The Prague, Czech Republic-based company said Friday that an additional 67,000 U.S. customers had their names, emails, phone numbers, shipping addresses and order numbers leaked. The leaked data came from orders made between November 2019 and August 2021, according to Trezor. Trezor first announced in August that data from 11,742 customers from the U.S., UK, Sweden, Colombia, Brazil, Italy, and Portugal had been exposed — with names, emails, phone numbers and shipping addresses leaked. Two days ago, we received an update from our shipping provider, ShipMonk. We're deeply saddened to share the news that the recent data breach affects more customers than originally thought. Another 67,000 customers from the US who ordered between November 2019 and August 2021… https://t.co/yDQvTlAA2S — Trezor (@Trezor) September 4, 2026 Another 1,947 customers just had their names, cities and emails exposed in the breach. In Friday’s announcement, Trezor said that its third-party fulfillment partner, ShipMonk, had falsely reassured the company about deleting customer data. “Throughout our entire relationship with ShipMonk, we repeatedly requested and received written assurance confirming the deletion of the data, in line with our contract, data policy, and past communications,” Trezor wrote. “We are very disappointed that, despite receiving this confirmation, the data was not deleted in their systems.” Neither Trezor nor ShipMonk immediately responded to Bitcoin Magazine’s questions. Trezor first announced in August that the data had been leaked because ShipMonk experienced “unauthorized access to their systems containing customer data.” The company added that it had directly emailed all customers involved in the breach. Trezor’s parent company, SatoshiLabs, told Bitcoin Magazine last month that it was investigating the incident. Trezor is one of the most popular Bitcoin hardware wallet solutions, and also has support for storing other cryptocurrencies. Bitcoiners’ personal data has been targeted by cybercriminals in the past: back in 2020, an unauthorized party accessed popular hardware manufacturer Ledger’s e-commerce and marketing database, leaking over 1 million email addresses and the personal contact data of nearly 10,000 customers. At the start of this year, customers reported receiving emails from Global-e, Ledger’s payment partner, that a data breach at its cloud systems leaked sensitive customer data. This post Trezor Breach Worse Than Reported: Another 67,000 US Customers Exposed first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF El Salvador has not used public funds to accumulate bitcoin since the International Monetary Fund’s last review of its loan program, the fund said Thursday. In a report Thursday, the body said that the Central American country had instead received bitcoin from private donations, citing documentation from the government. It added that “no further Bitcoin accumulation beyond the documented donations is expected.” El Salvador made headlines in 2021 when it became the first country in the world to make bitcoin legal tender. Salvadoran president Nayib Bukele in 2022 said the country would buy one bitcoin per day but it was never clear where the money was coming from — or if he was actually buying at all. Gradually, then suddenly… https://t.co/hmdMLRZioh — Nayib Bukele (@nayibbukele) September 3, 2026 “Documentation has been provided verifying that Bitcoin accumulation since the first review reflects private donations and that no public resources were used,” the IMF release said. “Understandings were also reached on steps to modernize the legal, regulatory, and supervisory framework for digital assets and to further strengthen the governance and risk-management arrangements for public-sector crypto-asset holdings. Going forward, no further bitcoin accumulation beyond the documented donations is expected.” The report added that public participation in the government-sponsored bitcoin wallet has been largely wound down, with majority ownership and operational control handed to a private operator. El Salvador in 2021 debuted a state-sponsored wallet called Chivo for its citizens as part of its plan to increase bitcoin adoption in the country. “IMF staff thank the Salvadoran authorities for the constructive discussions and excellent collaboration,” the report added. The IMF El Salvador entered a $1.4 billion loan agreement at the end of December but the fund asked for the country to scale back certain aspects of its bitcoin strategy. Institutions like the World Bank and the IMF have long criticized President Bukele’s Bitcoin law, which also asked businesses to accept the cryptocurrency if they had the technological means to do so. President Bukele in 2024 admitted that Salvadorans weren’t using the cryptocurrency to buy things as expected, but always boasted that the government was still stacking sats. Since launching a crime crackdown to tackle the country’s notorious crime gangs, murder rates in El Salvador have plunged. The country was once the most dangerous place in the Americas but President Bukele is now trying to turn it into a tech hub. Crypto companies like Tether have since relocated to its capital, San Salvador. This post El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Bitcoin Dips Below $80,000 on Strong US Jobs Report Bitcoin slid Friday after a better-than-expected labor report showed that the U.S. job market accelerated in August. The leading cryptocurrency was recently trading for close to $79,764 after dropping as low as $78,706 earlier in the morning in New York. It’s currently down over 1% over a 24-hour period. On Thursday, the coin soared above $82,000. The Federal Reserve is typically more likely to raise interest rates when the labor market is strong, because more people employed means more spending, and more spending can push inflation up. Federal Reserve Chair Kevin Warsh last week gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. Bitcoin has typically done well in a low-interest rate environment. Traders currently view a U.S. Federal Reserve interest rate hike at the upcoming September 15–16 policy meeting as roughly a 50% to 60% probability. But U.S. President Donald Trump on Friday demanded the Federal Reserve slash interest rates. Writing on his social media platform Truth Social, Trump said: “Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!” He added: “We should have the LOWEST RATE of any country in the World, like ‘the old days.'” Bitcoin has decoupled from stocks recently as investors have renewed concerns around dollar debasement. The cryptocurrency started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever. The much-talked about debasement trade is back in the spotlight, and bitcoin has been trading in lockstep with gold, according to analysts. The so-called debasement trade is when investors buy an asset as a way to hedge against a currency losing value. News dropped last month that U.S. public debt exceeded $40 trillion for the first time too. Excessive debt also undermines confidence in the dollar, making assets like bitcoin and gold attractive. This post Bitcoin Dips Below $80,000 on Strong US Jobs Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine National Sheriffs’ Association Drops Opposition to Clarity Act The National Sheriffs’ Association this week dropped its opposition to the crypto Clarity Act, after having previously warned that the proposed bill could help criminals. Writing Thursday to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, the association said it was changing its stance to neutral given how complex the issue is. A number of lawmakers were hoping to vote on the Clarity Act in August. After a delay, a vote will now go ahead this month. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. “Given the complexity of the legislation and the number of important details that remain under consideration, the NSA is changing its position on the Clarity Act to neutral,” the letter from NSA President Sheriff Troy Wellman and Executive Director Justin Smith read. JUST IN: Major U.S. law enforcement organization National Sheriffs’ Association no longer opposes The Clarity Act “We believe the most appropriate course is to step back and allow the legislative process to proceed to establish a…much needed regulatory framework.” pic.twitter.com/NBpKlrUsUj — Bitcoin Magazine (@BitcoinMagazine) September 4, 2026 “At this time, we believe the most appropriate course is to step back and allow the legislative process to proceed to establish a clear, effective, and much needed regulatory framework.” The NSA had previously warned that the bill could create regulatory and anti-money laundering loopholes by exempting certain crypto developers and infrastructure providers from money transmitter rules. Despite being passed in the house of representatives last year with strong bipartisan support, the Clarity Act has been in a deadlock for much of 2026. The banking lobby raised concerns over stablecoin yield and some lawmakers have said improvements need to be made surrounding ethics. An updated bill of the Clarity Act was introduced in July that addressed some of these concerns — banning government officials and their families from issuing or promoting crypto. Pro-crypto senator Cynthia Lummis wrote on Friday that the “bipartisan bill” gives “law enforcement real tools to fight the illicit finance crimes hurting hard working Americans.” Major financial institutions, lawmakers and companies have said they support the latest draft of the new bill, but some Republicans have accused Democratic lawmakers of deliberately playing politics and holding the bill back. This post National Sheriffs’ Association Drops Opposition to Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Bitcoin Bear Market May Not Yet Be Over, Says Fidelity Bitcoin may be rallying but that doesn’t mean the bear market is over. Not yet, anyway. A new report from asset manager Fidelity said that while bitcoin was behaving like it did in previous cycles, it could still hit a bottom in November. Bitcoin started rallying in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The asset’s price recently stood at close to $81,639, up nearly 30% over a 30-day period. Some have since argued that bitcoin is out of its bear market. The coin touched a record high in October last year, hitting $126,080. “Given bitcoin’s recent performance, the bottom could already have occurred in July,” Chris Kuiper, Vice President of Research at Fidelity Digital Assets, wrote. “It could also drop again to make another new low in November or later,” he continued, adding that bitcoin cycles have historically not been precisely four years long, so they “aren’t reliable for timing the market.” Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000. But that all changed in August after the Treasury Department’s announcement, which has since brought the so-called debasement trade back in the picture again. To get an idea of where bitcoin moves next, Kuiper argued that investors should pay attention to what happens with the crypto Clarity Act. Proponents argue it could provide “greater regulatory certainty and support continued innovation in the U.S. digital asset ecosystem,” he wrote. President Donald Trump in August urged lawmakers to get the long-awaited crypto market structure bill over the line, helping spur bitcoin’s run. The president called the draft “very, very powerful” after meeting with crypto industry bigwigs at the White House. The digital asset industry has long called for clear rules on how regulators should treat bitcoin, stablecoins and other cryptocurrencies. Lawmakers will vote on the bill this month. This post Bitcoin Bear Market May Not Yet Be Over, Says Fidelity first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement. That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the macro picture.” Bitcoin started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever. JUST IN: Bitcoin's correlation with gold hit a six-year high, according to Bitwise "The last time it was this high was 2020, after the Covid stimulus." pic.twitter.com/fHtQUlR9Ol — Bitcoin Magazine (@BitcoinMagazine) September 3, 2026 “The last time the bitcoin-gold correlation was that high was in 2020, following the rounds of fiscal and monetary stimulus during the Covid crisis,” Bitwise’s European Head of Research, André Dragosch, wrote. He added that bitcoin’s correlation with the stock market dropped to a one-year low, “implying some kind of decoupling between hard assets and the stock market.” Bitcoin has been pushed as “digital gold” for years but has sometimes traded with tech stocks as a “risk-on” asset. But the so-called debasement trade — when investors buy an asset as a way to hedge against a currency losing value — was a much-talked about investment strategy last year and appears to be back. The reason is down to the government intervening in markets, Dragosch argued. When the Treasury said it would try to rein in long-term borrowing costs, the dollar’s value slid and sent investors flooding back to gold — and bitcoin. The Treasury the same week also said the U.S. public debt exceeded $40 trillion for the first time. Excessive debt also undermines confidence in the dollar. “Investors are no longer asking whether to hedge currency debasement with gold or bitcoin. They’re simply hedging with both,” the report added. “Bitcoin spent its first fifteen years being priced as a risk asset. If this correlation trend with gold holds, the next fifteen may look very different.” The leading cryptocurrency again rallied this week, and was recently trading for close to $81,438 after jumping nearly 6% over a 24-hour period. This post Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote U.S. congressman French Hill expressed the importance of bipartisan support to get the long-awaited crypto market structure bill, the Clarity Act, over the line before the midterms. The lawmaker told Fox Business Thursday that Democrats and Republicans have come to “narrow their differences in getting the bill drafted. Pro-crypto lawmakers were hoping the Clarity Act passed before Congress departed for August recess. After a delay, a vote will now go ahead on September 15. WATCH: Chairman @RepFrenchHill on the importance of passing the Clarity Act: "…we passed the CLARITY Act in the House last summer with 78 Democratic votes. It is time for the Senate to join us and pass the CLARITY Act. Members on both sides of the aisle in the Senate have… pic.twitter.com/GMva1XOTDK — Financial Services GOP (@FinancialCmte) September 3, 2026 “Can Democrats work with Republicans and make sure America leads the world in distributed ledger technology and financial services?” Hill said. “This one remaining significant issue is the ethics provision, and that is best solved by passing the legislation because everybody — no matter what family they belong to, the Trumps or not — would then be under a regulatory framework fully scrutinized by the United States government in commodity and securities and banking regulators,” he added. The Clarity Act was first introduced by Hill, the House Financial Services Chairman, last year. Crypto companies have long called for clear regulations for the industry. The Clarity Act drafts a framework to formally divide oversight between regulators, distinguishing which digital assets are securities, commodities or stablecoins. The House of Representatives passed the bill last July but it has been stalled this year, mostly because the banking lobby clashed with crypto companies over paying customers stablecoin yield. A new draft tackling the issue of ethics started circulating in July. It bans government officials from promoting or making money from crypto — something Democrats have criticized the Trump family for doing. A group of Democrats said the bill fell short and wanted amendments. Some were accused of deliberately holding it back by Republicans like Cynthia Lummis. Some have praised the bipartisan work that has already gone into the bill, namely Coinbase, America’s biggest crypto exchange. The company’s Chief Policy Officer, Faryar Shirzad, said in July that while some Democratic lawmakers were holding back the long-awaited legislation, younger Democrats wanted to pass it. President Donald Trump in August said that in order for the U.S. to remain the “undisputed leader in Bitcoin and crypto,” lawmakers had to pass the “very, very powerful legislation.” This post French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Kraken and SoFi Link Crypto Trading To Banking Rails Payward, the parent company of crypto exchange Kraken, and fintech company SoFi Technologies on Thursday announced a deal to route SoFi customers’ crypto orders through Kraken’s institutional trading platform and list SoFi’s stablecoin on the exchange. Under the agreement, SoFi will send its digital asset order flow to Kraken Prime, Kraken’s prime brokerage arm, which launched in 2025. Rather than filling trades against a single order book, Kraken Prime uses smart order routing to compare prices and depth across multiple venues and execute where the fill is best. SoFi said customers will see no change to the app itself. Payward is also joining the SoFi Exchange Network, the bank’s real-time settlement system, and will list SoFiUSD — SoFi’s bank-issued stablecoin — on Kraken. Kraken Prime’s institutional and business clients will in turn gain access to SoFi’s business banking services and round-the-clock fiat settlement. The companies said qualified custody services would follow later. SoFi holds a national bank charter and has 15.8 million members. The partnership is the latest in a series of tie-ups between Kraken and established financial firms, following arrangements with Deutsche Börse on foreign exchange and derivatives infrastructure, Nasdaq on a tokenized equities gateway, and Franklin Templeton on tokenizing exchange-traded funds. The news comes after SoFi, a purely digital lender, last year became the first nationally chartered bank in the United States to launch crypto services for retail customers. SoFiUSD is coming to Kraken. Soon you'll hold, buy & sell SoFiUSD right in your Kraken account, through @Payward's partnership with @SoFi. SoFi members get better prices, with @KrakenPrimeHQ pulling liquidity from across the market. Full details: https://t.co/Mue5nJ4Ryj pic.twitter.com/He53EzjrWd — Kraken (@krakenfx) September 3, 2026 The company’s new SoFi crypto platform allows members to buy, sell and hold bitcoin directly within their bank accounts. Kraken — like other crypto exchanges — is pushing into the traditional finance world, allowing users to trade stocks, bonds and other assets. The company has sold its app as a “primary account for everything.” This post Kraken and SoFi Link Crypto Trading To Banking Rails first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Bitcoin Rallies Over $82,000 — And Brings BTC-Related Stocks With It Bitcoin surged on Thursday — but industry-related stocks rose even quicker as a rally that started weeks ago again picked up steam. The price of the biggest cryptocurrency hit as high as $81,282 on Thursday morning in New York, a nearly 3% increase over a 24-hour period. Over the past 30 days, the bitcoin price has surged over 23% following both positive regulatory news and announcements from the U.S. Treasury Department regarding debt buybacks. JUST IN: $80,139 Bitcoin pic.twitter.com/2hCpC00rrg — Bitcoin Magazine (@BitcoinMagazine) September 3, 2026 But other major crypto company stocks rose quicker. Bitcoin treasury Strategy (NASDAQ: MSTR) was trading more than 13% higher on Thursday. The company on Monday resumed bitcoin buys after a 10-week pause to reshuffle its cash balance sheet. America’s biggest crypto exchange, Coinbase, also saw its stock shoot up. Nasdaq-listed COIN was trading 11% higher in the same time period. Elsewhere, bitcoin mining companies had a boost too. Top public companies in the space — including the Nasdaq-listed HIVE Digital, MARA, and CleanSpark — all were up on Thursday. HIVE Digital led the pack with a 13% jump, while MARA Holdings was up more than 10% on the day. Clean energy bitcoin miner CleanSpark jumped by 9%; IREN, which is slowly phasing out its mining operations to focus on AI-compute, was up by 4%. Bitcoin had a phenomenal run in August — its third best such month in its history — after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The announcement, aimed to tame surging yields not seen in nearly 20 years, hurt the dollar but has benefited non-yielding assets like bitcoin and gold. Soon after, President Donald Trump urged lawmakers to get the long-awaited crypto Clarity Act over the line — digital asset legislation the industry has long called for. Investors rushed back into bitcoin exchange-traded funds as a result, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. Bitcoin had spent a lot of the year trading below $80,000 per coin, with June and July mostly below $65,000. The coin hit a new record of $126,080 in October. It is now nearly 40% below that number. This post Bitcoin Rallies Over $82,000 — And Brings BTC-Related Stocks With It first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates Multinational bank Standard Chartered announced Thursday that it had debuted bitcoin spot trading for institutional clients in the United ‌Arab Emirates. The bank said that eligible institutional clients would be able to use the service — the first of its kind in the country. Standard Chartered in 2024 launched digital asset custody services in the UAE, months before it debuted spot crypto trading in other countries. JUST IN: Standard Chartered Bank becomes first Global Systemically Important Bank to launch institutional Bitcoin trading in the UAE pic.twitter.com/yeOMtcO7bo — Bitcoin Magazine (@BitcoinMagazine) September 3, 2026 “The UAE has developed a clear digital assets regulatory framework that supports institutional participation and innovation,” Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan at Standard Chartered, said. He added: “By combining execution with secure custody, governance and the connectivity of a global bank, we are providing clients with a more integrated way to participate in digital asset markets.” Standard Chartered in 2025 set up a trading desk for bitcoin and other cryptocurrencies in London, making it one of the first global banks to enter spot cryptocurrency trading. The crypto desk became part of the forex trading operation. The bank the same year debuted a blockchain unit called Libeara to help institutions tokenize traditional assets. Standard Chartered has lately said that bitcoin’s price should continue to surge this year. Writing in an August note to investors, the bank’s Global Head of Digital Assets Research, Geoffrey Kendrick, said that a $100,000 price forecast by year-end was too low. “Once investors remember how quickly prices can accelerate to the topside, and we get past the 6 October date (12 months after the all-time high) an overshoot towards the all-time high (USD126k) before year-end may be possible,” he said, adding that bitcoin’s bear market so far has been the shallowest on record. This post Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine ‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world.” Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to help the crypto industry. Pro-crypto lawmakers had hoped to pass the Clarity Act before Congress broke for August recess, but the vote slipped to September. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or stablecoins. JUST IN: SEC Chairman Paul Atkins says "The Regulation Crypto Assets proposal is our most historic step yet to cement America as the Crypto Capital of the World" pic.twitter.com/lcHtWcslgO — Bitcoin Magazine (@BitcoinMagazine) September 2, 2026 “The Clarity Act will be voted on in the Senate on the 15th of September,” Atkins said. “I anticipate and hope that it will be passed by the Senate and sent ultimately to the President’s desk for a signature.” He added: “We’re changing the past approaches to try to update [rules], modernize them in the age of blockchain and crypto assets.” Despite a vote on the Clarity Act being delayed, regulators like the SEC and Commodity Futures Trading Commission have said they will still proceed with trying to shape crypto policy. Last week, the SEC sent a proposal to the White House aiming to “clarify the framework for the custody of crypto assets” for investment advisers and companies. Despite being passed by the House of Representatives last year, the Clarity Act has been in a deadlock for most of this year after the banking lobby clashed with lawmakers and crypto businesses over whether platforms like Coinbase should be able to pay customers yield. Some lawmakers have sought to change wording in the bill regarding ethics, and a new bill started circulating in July. The draft bans government officials from promoting and making money from crypto. But other Democratic lawmakers said it still fell short; a number of pro-crypto Republicans accused Democrats of deliberately playing politics and delaying the bill. This post ‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin Mexican billionaire Ricardo Salinas is at it again. This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin. Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his followers to opt out and start protecting their savings. When you work, you trade your time (your life) for money. But when governments create money at will and dilute its value, they steal the time you sacrificed to earn it. Fiat inflation is a hidden tax. Don’t be fooled: learn, protect your savings, and defend your freedom, buy… pic.twitter.com/1l8ZtoFCaA — Don Ricardo Salinas Pliego (@RicardoBSalinas) August 31, 2026 “Bitcoin changes one fundamental rule: no one can print more just because they want to,” Salinas said in a video on X on Monday. “While you have to work to earn more money, the system can simply create more of it. Don’t be fooled: learn, protect your savings, and defend your freedom, buy bitcoin and hold it.” It’s not the first time Salinas has told his followers to be aware of government monetary policy. The billionaire posts on X almost daily to millions of followers, and criticizing central bank money creation is one of his recurring themes, appearing in tweets, interviews, conference keynotes, and video messages. In recent years, the entrepreneur has stepped up his criticisms of governments — and his praises of bitcoin. Earlier this year admitted he had increased his allocation in the asset from 10% to 70% of his portfolio. Salinas’ bitcoin enthusiasm all stems from central bank monetary policy. Speaking at Bitcoin 2022, Salinas described traditional money as “the fiat fraud.” “What they are doing is printing money out of thin air, and then making fake purchases,” he said of the Federal Reserve. The business magnate has also talked about his success in “orange pilling” his friends and family. “I convinced my wife to mortgage the house that she has and take a loan to buy bitcoin,” he once boasted in an interview. This post Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index A lot of people have heard of Bitcoin but even among those who hold it, knowledge is shallow. Though for those holding the leading cryptocurrency, it appears to be solving a problem: getting around failing banking rails or inflation. That’s according to new findings from the U.S. Ivy League research university Cornell, which spoke to nearly 26,000 around the globe about Bitcoin. In its new Bitcoin Adoption Index report, the top college found that El Salvador, Venezuela and Nigeria were the countries that had the highest number of people who had ever owned bitcoin. “Ranked by the share of all respondents who have ever owned bitcoin, the leaders are not wealthy financial centers — they are economies where the national currency has been unstable and everyday access to dollars or reliable banking is hard,” the report read. “In each, bitcoin functions less as a speculative bet and more as a practical workaround.” Still, Cornell found that actually being able to explain the fundamentals of the protocol was difficult for most — including how many bitcoins would ever be minted in existence. In fact, 58% of those surveyed said they didn’t know the supply was capped at 21 million coins. But technicalities aside, the cryptocurrency has still proved helpful to people wanting to use it, the report found. One Venezuelan — who wasn’t named — told interviewers that Bitcoin was “faster, cleaner, and much less risky” than other methods of getting dollars in the country. While another Salvadoran was quoted saying: “When nobody controls [bitcoin], it means we all have control of it.” And a Nigerian interviewee reportedly told Cornell researchers: “I’ve been to six African countries and whenever I go there, I don’t fear it because I know I can spend my bitcoin.” Bitcoin adoption started growing in Venezuela ahead of other countries years ago, when hyperinflation crippled the economy and strict government currency controls meant getting dollars became difficult. El Salvador made bitcoin legal tender — along with the dollar — in 2021. The country’s leader admitted that getting its citizens to use the cryptocurrency was difficult but the Central American nation still says it buys the asset for its government coffers. In Nigeria, which has had some of the highest transaction volumes in the world, saving in bitcoin has been used by some to get around the collapse of the naira. Cornell University’s research was fielded by Morning Consult in partnership with the Tech Policy Institute in Cornell University’s Jeb E. Brooks School of Public Policy, the Cornell Bitcoin Club, the Human Rights Foundation and the Reynolds Foundation. Researchers interviewed 25,880 people in 25 countries between December 16, 2024 to March 10, 2025, asking 125 individual questions. This post When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy Top bitcoiner Adam Back has invested €7.6 million ($8.8 million) in Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company. The company said Wednesday that the investment will be used to buy more bitcoin. Adam Back is the CEO of bitcoin infrastructure company Blockstream, and one of the biggest and well-known figures in the space Capital B’s announcement comes after the company last week said it had raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM. Capital B announces a €21.0 million capital raise with global institutional investors, including strategic investors Adam Back and TOBAM, to accelerate its Bitcoin Treasury Company strategy Full Press Release (EN): https://t.co/XQGT44ma4d Full Press Release (FR):… — Capital B (@_ALCPB) August 28, 2026 “The proceeds of the Private Placement will be used primarily to strengthen Capital B’s balance sheet through the accumulation of bitcoin as a long-term reserve asset,” the company said in a statement. “This capital increase is a key step in implementing the company’s Bitcoin Treasury Company strategy, focused on increasing the number of bitcoin per share on a fully diluted basis over time.” It added that the placement would fund it buying 376 additional bitcoins, taking its potential holdings to 3,521 coins from its current stash of 3,145. Capital B is the 26th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its coffers — worth $242 million at today’s bitcoin price of $76,959. Capital B built much of that position through fundraising rounds during the first half of 2026. In May, it acquired 192 coins for €13 million after completing three capital raises. Capital B’s is trying to build a bigger bitcoin position as other treasuries look to raise funds and accelerate their buys. NYSE-listed AI-powered education company Genius Group last week said it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, after the company sold its entire bitcoin reserves to repay $8.5 million in debt. The Bitcoin treasury model has taken a hit since last year when the price of the leading cryptocurrency took a hit. A number of companies in the space have had to liquidate their holdings — including the biggest corporate holder of bitcoin, Nasdaq-listed Strategy. This post Capital B Raises €7.6M From Adam Back to Fund Another Bitcoin Buy first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст

Bitcoin Magazine The Quantum Issue: Letter From The Editor Quantum this, quantum that…who put a stupid cat on-chain!? Ahem. Alright, let’s be serious. The threat that a viable, actually functioning, quantum computer would pose to Bitcoin if it were to be built is very serious. It is the concrete example of an existential threat, in every sense of the word. One of the bedrock foundations that Bitcoin rests upon is the assumption of a functioning cryptographic system that can be used to produce unforgeable signatures, i.e. that if you follow that system’s protocol properly when signing things, there is no way that anyone but a bitcoin’s rightful owner could produce a signature needed to spend it unless the rightful owner failed to secure their private key from theft. Quantum computers toss that right out the window. There goes the integrity of the entire mechanism that is used for owners of bitcoin to authenticate their ownership for the protocol to process their legitimately authorized transactions, and ONLY their legitimately authorized transactions. There’s no way for anyone to actually own anything in the context of the Bitcoin protocol if that assumption breaks. Bitcoin breaks if that assumption breaks. Thankfully, there are many different cryptographic systems that exist, and not all of them rest on assumptions that a quantum computer breaks. That’s the good news. The bad news is that its all a set of tradeoffs, none of them are ideal, and there are going to be some hard choices that have to be made. But there are solutions to just about every one of the problems that a viable quantum computer would create…except the problem of choosing which solutions to use. So in light of that, here is The Quantum Issue. This issue is a lot more structured than most past issues, and that is to ensure that it guides a reader through the entirety of the problem space and solution space without assuming any prior understanding (this is a very deep and technical subject). The first set of articles goes through the general issue of quantum computing itself, how it differs from classical computing, why that matters, how likely it is one is developed soon, etc. The second set examines Bitcoin’s exposure. How is it exposed? How badly is it exposed? How can that degree of exposure change? The third set examines concrete (or developed enough to not be too hard to get to a concrete place) solutions to securing your bitcoin in a quantum safe way, and handling a network wide migration to those solutions. Don’t miss your chance to own The Quantum Issue — featuring articles written by many influential figures in the space working on the necessary pieces for a post-quantum Bitcoin! This piece is the Letter from the Editor featured in the latest Print edition of Bitcoin Magazine, The Quantum Issue. We’re sharing it here as an early look at the ideas explored throughout the full issue. This post The Quantum Issue: Letter From The Editor first appeared on Bitcoin Magazine and is written by Shinobi. Переглянути повний текст

Bitcoin Magazine Strategy CEO Defends Bitcoin Sale as the ‘Right Trade’ The CEO of bitcoin treasury Strategy brushed off concerns investors may have about the company selling some of its stash, instead telling reporters that the move was to strengthen its balance sheet. Speaking to Bloomberg on Tuesday, Phong Le said that the company now has a “bullet-proof balance sheet” and it was the “right trade at the time” to sell bitcoin when it did. Strategy, the largest corporate holder of bitcoin, restarted its buying the cryptocurrency on Monday after a 10-week pause. After halting its buys in June, it instead sold small amounts of its bitcoin and built two cash reserves. “We don’t really make decisions specifically on bitcoin’s price,” Le said. He added: “We’re a net accumulator, and so I don’t sit around and say, ‘Well, when am I going to sell Bitcoin next?’ It comes down to a bit of a capital management mathematical equation of when we would do it.” “I don’t foresee us selling bitcoin as we enter into what I consider a pretty heavy bull market.” Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. It first bought the cryptocurrency to protect its shareholders from inflation but has since aggressively bought the asset and pivoted to being a bitcoin treasury. It is now the largest corporate holder of the cryptocurrency, with 845,050 bitcoins worth $65.1 billion at today’s prices. Investors can buy Strategy’s Nasdaq-listed stock (MSTR) to get heightened exposure to bitcoin’s performance. This year, Strategy has bought back some of its preferred stock, STRC, which is trading at a discount, and increasing its dollar cushion. In the company’s quarterly earnings in July, Strategy posted a $8.22 billion loss. But Le said the firm’s current paper loss wasn’t important for the time being, and that next year, its stock would soar again. “We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. Strategy stock (NASDAQ: MSTR) was trading 2% lower on Wednesday. Year-to-date, the stock is down 22%. This post Strategy CEO Defends Bitcoin Sale as the ‘Right Trade’ first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст