Crypto & Web3

Stack and Story published the most content of the week, covering a range of crypto market and security stories. It reported that 600 BTC from 2010 moved and does not belong to Satoshi, that stablecoins hit a bank-sized bottleneck, that Liquid Network's federation lost 4,000 BTC, that Orionx shut down over a $7M custody gap, and that a Trezor breach grew to 67,000 more US users. It also covered the SEC's ETF fast track splitting the crypto industry, Bitcoin ETFs posting a $3.8B run while remaining red for 2026, a separate $731M day for Bitcoin ETFs tied to a Fed bet, Zcash topping $1,000 as miners squeeze margins, Tether freezing $42M before a warrant existed, Cango's miner pivot posting an $81.6M loss, and Robinhood Chain's DEX volume hitting $1.6B. Separately, Fintech Business Weekly reported on legal filings alleging that Homeland Security and Tether illegally seized stablecoins.

Bankless covered a wide set of stories concentrated on Ethereum and Robinhood Chain activity, including stock tokens drama, a stock-paired meme squeeze followed by a piece arguing the stock-paired memecoin squeeze is a lie, Ethereum achieving a new blob usage record, Bitcoin reclaiming $80,000 amid a dovish Fed signal, Pons reaching new ATHs on Robinhood Chain, a proposed change to Ethereum transactions under EIP-7906, HyperStrat expanding HYPE buying power to $2.5B, Ripe bringing old-school DeFi farming to Robinhood Chain, permissionless prediction markets going live on Hyperliquid, Robinhood Chain becoming crypto's top chain by organic revenue, and Strategy resuming Bitcoin purchases while Bitmine's ETH buying streak continued.

Stablecoin and tokenized-deposit developments were covered across several newsletters. American Banker Fintech reported on international banks planning a stablecoin and OpenPayd entering the US market, as well as Citi's use of Swift blockchain extending tokenized deposits' reach. Banking Dive Newsletter covered stablecoins losing ground to tokenized deposits and reported that Wells, BofA, and Citi back an upcoming stablecoin. Payments Wrap Up reported that Citi, Goldman Sachs, and global banks teamed up on a stablecoin venture, and separately that Shinhan and Visa teamed up to build South Korea's stablecoin infrastructure. Andrew's Angles covered ten things the BIS has taught about stablecoins. Linas's Newsletter touched on 21 banks building a stablecoin to keep $6T in deposits, alongside Anthropic's launch of Claude Commerce Agents and X Money losing its 6% APY in New York. Fintech