Crypto Industry News & Market Trends

Fake AI trading bot tutorials steal 274.6 ETH from 224 victims

Fake YouTube tutorials promoting AI-powered crypto arbitrage bots have tricked 224 victims into deploying malicious smart contracts that stole 274.6 ETH worth about $517,000.　　SummaryNine similar YouTube videos directed users to compilers controlled by the scam operators.Victims deployed 234 contracts and funded them through transactions they approved themselves.A malicious backend replaced the code shown to users with contracts designed to steal ETH.Stolen funds moved to six collection addresses, with the median victim losing 1 ETH.　　TRM Labs said in a Sep. 14 report that the operation disguised malicious Ethereum contracts as automated trading tools built with Anthropics Claude, allowing the scammers to steal funds without relying on conventional phishing links or suspicious wallet approvals.　　The blockchain intelligence firm traced 234 contracts deployed by victims, although the campaign affected 224 people because some participants created more than one contract. Funds taken through the contracts eventually reached six collection addresses controlled by the operators.　　Based on ETHs value when the transfers occurred, the 274.6 ETH stolen was worth approximately $517,000. TRM calculated a median loss of 1 ETH per incident, showing that the total did not depend on a single large victim.　　You might also like:　　Verus Ethereum Bridge hacked again for $7.54M after May exploit　　Fake AI trading

09-19Industry

Warren Buffett Steps Down as Berkshire Chairman. How Will Stock React？

Warren Buffett stepped down as Berkshire Hathaway chairman on Friday and handed the seat to his son, Howard Buffett. The board named him chairman emeritus, a title that keeps him on the board without running it.　　Greg Abel remains chief executive. He continues to make the day-to-day calls and decide where Berkshires money goes.　　Sponsored　　Sponsored　　Buffett Steps Down as Berkshire Chairman After 56 Years　　Howard Buffett has sat on the board since 1993, longer than his father spent in business before taking over Berkshire at 34. Susan Decker stays lead independent director. Chairman emeritus is an honorary title. It carries no command over the company.　　The elder Buffett, who turned 96 last month, framed the change as a formality in a letter to shareholders.　　“He has been making the decisions that matter for some time now, and I have not had to think twice about any of them,” the announcement stated, citing Warren Buffet, now Berkshire Hathaway chairman emeritus.　　Class A shares closed Thursday at $763,936, down 2.10%. The Class B shares finished at $509.20, a 2.04% drop. That selling ran ahead of the announcement, and in Friday pre-market trade the B shares sat at $509.24, barely moved.　　Berkshire Hathaway Class A Shares (BRK-A) Performance. Source: Yahoo Finance　　BeInCrypto

09-19Industry

CoinShares Says Bitcoin Won't Hit $80,000. Is It Correct？

CoinShares does not expect Bitcoin price (BTC) to break above $80,000 this year. The firm blames a hawkish Federal Reserve and the stalled CLARITY Act, the US bill setting crypto market rules.　　Bitcoin trades near $78,040, about 2% below that level. VanEck expects $100,000 within a year, which turns the forecast into a test of whose macro read holds.　　Why CoinShares Sees Bitcoin Capped Below $80,000　　The Federal Reserve raised rates a quarter point on Wednesday to a range of 3.75% to 4.00%. It was the first increase since 2023. Projections released with the decision also removed expected easing through 2027.　　Sponsored　　Sponsored　　James Butterfill, head of research at CoinShares, set out the firms view in a Friday update. A decisive break above $80,000 is unlikely without better inflation data or a clear shift in policy expectations.　　He tied much of that to Iran. Higher energy prices keep feeding inflation, leaving the Fed little reason to soften.　　Butterfill added that Bitcoin is shielded from the regulatory setback because its legal status is already settled. Ether and altcoins are not, since much of the stablecoin payment infrastructure runs on those networks.　　Bitcoin Price Performance. Source: TradingViewVanEck Sees $100,000 While On-Chain Data Weakens　　VanEcks Matthew Sigel told CNBC on Friday he expects

09-19Industry

Michael Dell's $6.25 Billion Bet on Compounding Wins Over Wall Street and Parents

Michael Dell asked parents to teach their children about compounding and investing rather than about him, weeks after $250 deposits from his foundation began landing in millions of American childrens accounts.　　He was replying to a father who said his kids had received the money. The exchange came in the same week Dell Technologies (DELL) shares climbed 16% and neared $600.　　Sponsored　　Sponsored　　DELL Stock Performance. Source: Yahoo FinanceWhat Michael Dell Told Parents About Compounding　　Users revealed their children had received their $250, urging other parents to ensure their children knew Dells name and story. Dell replied on Thursday.　　“Please teach your kids about investing, compounding, and capitalism, not about me,” Michael Dell responded.　　The money comes from a $6.25 billion pledge Michael and Susan Dell made in December 2025. It covers $250 each for up to 25 million children.　　Deposits go into Trump Accounts, government-backed investment accounts created by a 2025 tax law. Balances sit in low-cost funds that track the US stock market, and children cannot withdraw before they turn 18.　　Dells share goes to children under 11 born before 2025, in ZIP codes where median family income is under $150,000. The first deposits reached accounts at the end of August.　　Sponsored　　Sponsored　　The White House has separately weighed tax

09-19Industry

Katie Price Checks Husband's Crypto Wallet and Finds $3 Instead of $50 Million

Katie Price told Good Morning Britain she has ended her marriage after checking her husbands crypto wallet and finding roughly $3 where Lee Andrews had promised $50 million.　　Andrews, held in a civil jail in the United Arab Emirates over unpaid debts, sent the programme a voicenote from detention. He said she opened the wrong wallet and that the money is real.　　What Katie Price Found in the Crypto Wallet　　Price said a friend who trades crypto opened the wallet on her phone while she was abroad. The balance came to about £2.22, close to $3. She checked again minutes before going on air and said nothing had moved.　　Sponsored　　Sponsored　　Andrews did not dispute that figure. He said the balance sits in a different wallet, offered to send a presenter £10,000 to show he can move funds, and offered to take a lie detector test once released.　　“I hope it actually shows by Wednesday that there is 50 million USDT there, which has been legitimately made,” Andrews said that in the voicenote.　　USDT is Tether, a stablecoin built to trade near one dollar. It is the third largest crypto asset by market value, so 50 million units would be worth about $50 million.　　Other claims have already come

09-19Industry

SEC tokenized stock plan puts investor rights ahead of trading speed

The SEC has opened a five-year pathway for tokenized U.S. stocks that requires each approved token to carry the economic, voting, dividend, and liquidation rights attached to the underlying share.　　SummaryTokenized NMS stocks must provide the same rights as their traditional share equivalents.Synthetic products that offer only price exposure fall outside the SEC exemption.Bitget Wallet COO Alvin Kan said legal ownership matters more than 24-hour trading.The exemption carries symbol and volume limits and remains open to SEC modification.Institutions can run pilots, but the temporary order does not provide lasting legal certainty.　　Bitget Wallet COO Alvin Kan told crypto.news that the legal rights attached to a stock token will matter more to investors than its trading hours, settlement speed, or country of issuance.　　“A token that tracks a stock price is not the same thing as owning the stock. Putting both on a blockchain doesnt erase that difference,” Kan said.　　Under the SEC exemption, a tokenized National Market System stock must grant its holder the same rights and privileges as the matching traditional share. Kan said those protections include an economic interest in the company, dividends, voting power and rights during liquidation.　　Synthetic exposure does not qualify under the exemption. An issuer can also object if

09-19Industry

Zcash Crypto Developers Agree on Nov. 5 NU7 Mainnet Upgrade

Key InsightsZcash crypto (ZEC) developers target Nov. 5 for the NU7 mainnet upgrade, pending a final decision on Oct. 20.Block times could fall from 75 to 25 seconds, making blocks three times faster.Testnet activation is set for Oct. 6, giving developers time to assess NU7 before the mainnet decision.　　Zcash (ZEC) crypto developers reached unanimous agreement on Sept. 17, 2026, to target Nov. 5 for the NU7 mainnet upgrade, setting the stage for a testnet rollout on Oct. 6 and a final mainnet decision on Oct. 20.　　The announcement came in a September 17 post on the Zcash Community Forum by developer Sean Bowe, known as ebfull. Testnet activation is set for October 6.　　The agreement followed recent sentiment collection results and discussions among the Zcash Foundation, Project Tachyon, Valar Group, ZODL, Shielded Labs, and engineering teams. Feedback from proposal proponents and timeline talks between Zakura and Zebra teams helped finalize the plan.　　So, here we explore the recent developments of the Zcash (ZEC) crypto in detail and see how it may impact the cryptos future path ahead.　　Discover more　　Open Trading Account　　News　　Trade Crypto Assets　　Zcash (ZEC) Crypto Upgrade Timeline Locked In　　Code completion is scheduled for September 30. Features must be ready for the testnet upgrade by

09-19Industry

Gold reclaims its footing as Oil retreat blunts Fed shock

Gold (XAU/USD) price extends its gains on Friday, edging up 0.89% as Oil prices eased despite renewed concerns of supply shortages and despite a week that featured a rate hike by the Federal Reserve (Fed), which pushed the yellow metal to a nearly two-month low of $4,235. XAU/USD trades at $4,379 at the time of writing.　　XAU/USD rebounds as softer crude offsets lingering pressure from near-5% yield　　The yellow metal remains bid as risk appetite soured amid growing concerns that the Middle East conflict, which involves the US and Iran exchanging attacks in the Persian Gulf, while the Houthis and Saudi Arabia fight in the Red Sea.　　Last week, the Houthis, an Iran-backed Yemeni group, attacked the Arabian East-West Oil pipeline, forcing its shutdown. This would delay Oil shipments to buyers in Europe, according to a Bloomberg article, which noted that Saudi Aramco has not confirmed the information.　　Despite this, West Texas Intermediate (WTI) continues to trade subdued, capping the Greenbacks advance. The US Dollar Index (DXY), which measures the performance of the buck against six peers, is almost flat at 100.29.　　The US 10-year Treasury yield is up nearly six basis points to 4.996%, boosted mostly by the Federal Reserves 0.25% rate hike on

09-19Industry

FILE Price Prediction: The October Supply Bomb Is Loading — Will $0.90 Hold or Crack First？

James Ding　　Sep 18, 2026 10:43　　FILE is trading at $0.87 with an 8.65% intraday surge, but smart money is showing its hand with a 13% collapse in open interest — the real test arrives October 15, when a 75% supply cut hits and th…　　The 8% Rip Hits a Wall — Here‘s What’s Actually Happening　　FILE printed a sharp 8.65% candle to $0.87 today and the crowd is cheering. Don‘t get distracted by the daily number. Look under the hood and the picture is more complicated. Price is pressing into a cluster of moving averages that have acted as resistance all year, and the candle’s upper wick near the $0.88–$0.90 zone tells you sellers are already there to meet it. The immediate resistance at $0.90 and the strong ceiling at $0.93 (near the upper Bollinger Band at $0.94) represent the exact zone where FILEs August–September rallies have repeatedly stalled.　　What‘s driving the price？ The dominant narrative across crypto markets right now is FILE’s tokenomics event: on October 15, 2026, the six-year linear vesting schedule shared by Protocol Labs and the Filecoin Foundation comes to a complete end. That‘s roughly 183,000 FIL per day in new supply — gone overnight. According to analysis published on

09-19Industry

Market Roundup: Bitcoin (BTC) Soars Past $80K, Nvidia (NVDA) Projects Chip Surge, Treasuries Touch 5%

Quick OverviewBitcoin pushed past the $80,000 threshold with approximately 5.5% gains in one day, shrugging off Federal Reserve rate increases and congressional setbacks on crypto rulesCryptocurrency-linked equities saw strong gains: Strategy jumped 12%, Coinbase climbed 10%, and Robinhood rose 8%Nvidias chief executive indicated potential for chip sales to double from 2026 to 2027Ten-year Treasury yields reached the 5% mark, creating headwinds for equities with nine of eleven S&P 500 sectors decliningCongressional efforts to pass the Clarity Act stalled, leaving digital asset oversight with existing regulatory agencies　　Digital currency markets witnessed significant upward momentum with Bitcoin crossing $80,000, while chip manufacturer Nvidia outlined ambitious growth projections and bond markets saw yields climb to levels that created pressure across equity sectors. Here‘s a breakdown of the week’s major market developments.　　Digital Currency and Related Equities Experience Strong Gains　　Bitcoins price climbed approximately 5.5% within a 24-hour period, reaching around $80,940. This upward movement occurred even as the Federal Reserve implemented a 25-basis-point rate increase, bringing rates to a 3.75%-4.00% range, and as lawmakers failed to advance crucial digital asset legislation.　　Market participants had broadly anticipated the central bank‘s decision, which helped mitigate potential negative sentiment. The cryptocurrency’s strength provided momentum across the digital asset sector, with

09-19Industry

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