Strategy Adds 950 Bitcoin as BTC Extends Rally Above $85,250

Strategy has returned to Bitcoin buying with a 950 BTC purchase as the cryptocurrency briefly climbed above $85,000, extending a broader market rebound fueled by ETF demand, short covering and improving risk appetite. The company acquired the Bitcoin between September 14 and September 20 for $75.7 million at an average price of $79,670 per coin. The purchase lifted Strategy's holdings to 846,000 BTC, acquired for approximately $63.8 billion at an average cost of $75,416. The purchase marks Strategy's first weekly…

Blink Wallet Restores Services After Attacker Drains Custodial Accounts

Bitcoin payments app Blink Wallet restored services on September 19 after an attacker gained unauthorized access to a limited number of custodial accounts and withdrew funds, prompting the company to temporarily shut down its platform. Blink initially paused services while investigating the incident, saying the large majority of funds remained secure. Its non-custodial wallets were unaffected. The interruption came days after separate security warnings involving DCENT Wallet and Core Lightning, adding another wallet-related incident to a busy September for Bitcoin…

House Committee Advances Strategic Bitcoin Reserve Bill in 28-21 Vote

The House Financial Services Committee advanced legislation that would place federally owned Bitcoin under a statutory Treasury reserve, approving the American Reserve Modernization Act by 28-21 on September 16. H.R. 8957, introduced by Republican Rep. Nick Begich with Democratic co-lead Jared Golden, would establish a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within the Treasury. The committee adopted a substitute amendment before reporting the bill favorably, moving the Bitcoin reserve proposal beyond its initial committee stage. Treasury Would…

DCENT Urges App Wallet Users to Move Funds as Core Lightning Issues Security Alert

DCENT Wallet has urged users of its software-based app wallet to move their assets after detecting abnormal asset transfers, while Core Lightning issued a separate warning over a potential issue involving experimental features that may put user funds at risk. South Korea-based IoTrust, which develops DCENT, said it has launched an emergency investigation into the wallet activity. Users holding assets in the DCENT app wallet were told to transfer them to a secure hardware wallet or another trusted address as…

Deutsche Bank to Launch Crypto Custody for Institutional Clients

Deutsche Bank is preparing to launch a regulated digital asset custody service for institutional and corporate clients in Europe, with its first customers expected to go live this year once the applicable regulatory process is completed. The service will initially support Bitcoin, Ether and selected stablecoins, including USDC, EURC and EURAU. Deutsche Bank also plans to add tokenized financial instruments as the product develops. Clients will be able to hold and transfer digital assets through the bank, with Deutsche Bank…

Crypto Funds Draw $1.3B for Sixth Straight Week as IBIT Leads Six-Week Run

Crypto investment funds attracted another $1.3 billion last week, extending their run of positive weekly flows to six consecutive weeks and lifting cumulative inflows across the period to roughly $6.8 billion. The latest intake followed approximately $3.3 billion in the previous week and pushed the four-week average to about $1.5 billion per week, its strongest level since November 2025. The sequence marks a sharp reversal from the heavy redemptions that pressured digital-asset products earlier this year. BlackRock’s iShares Bitcoin Trust…

Osmosis Pauses Alloyed BTC After Nomic Double-Spend Exploit

Osmosis has suspended deposits, withdrawals, minting and redemptions for Alloyed BTC after a vulnerability on Nomic allowed an attacker to double-spend nBTC and send unbacked vouchers into Osmosis. The Nomic security failure affected 39.84 nBTC held inside Alloyed BTC, representing roughly 36% of the asset’s backing. Osmosis and the Inter-Blockchain Communication protocol were not compromised, with the vulnerability isolated to Nomic’s custom forwarding mechanism. Emergency Upgrade Freezes 22.65 BTC Osmosis’ management subDAO halted Nomic and Alloyed BTC inflows and outflows…

Iran Turns to Bitcoin and USDT for Trade as U.S. Sanctions Tighten

Iranian businesses are increasingly using Bitcoin and Tether’s USDT to settle cross-border trade as the country loosens foreign-exchange controls and seeks alternative payment routes outside the global banking system. The Central Bank of Iran has quietly allowed exporters to receive cryptocurrency payments and settle transactions through domestic crypto exchanges, according to Iranian businesses, regime insiders and industry participants interviewed by the Financial Times. The central bank has not publicly formalized the change and declined to comment on the policy. Exporters…

Mexican Musician Jonathan Meléndez Killed in Suspected Bitcoin Cold-Wallet Robbery

Mexican musician Jonathan Meléndez, his pregnant wife, their three-year-old daughter and a household worker were killed in an alleged robbery targeting a cold wallet that the attackers believed contained millions of dollars in Bitcoin. Estado de México prosecutors arrested Diego Sebastián “N” and Gerardo “N” over the September 1 killings in Atizapán de Zaragoza. Meléndez’s six-year-old son survived the attack, while the family’s dog was also killed. Suspects Allegedly Searched for Bitcoin Cold Wallet Investigators allege that Diego Sebastián had…

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