GoKawiil
Tech News
Bitcoin, XRP and crypto-linked stocks including Coinbase traded lower in premarket sessions as investors awaited a Senate vote on the Clarity Act, legislation that would establish regulatory rules for digital assets. Market sentiment across the sector has turned cautious ahead of the outcome.
Revolut disclosed that it inadvertently sent personal and financial data of some customers to a threat actor who impersonated a government agency using an authenticated domain. The leaked data reportedly includes identity documents, selfies, account statements, IBAN numbers, and transaction histories, including Bitcoin transactions. Revolut says the breach affects a limited but undisclosed number of accounts and that customer funds remain unaffected.
Oleksii Oleksiyovych Lytvynenko, 44, was sentenced to four years in prison for participating in the Conti ransomware conspiracy as an intruder and malware developer. He pleaded guilty to conspiracy to commit wire fraud, admitting he controlled stolen data from 12 victim companies, sent extortion notes, and coded a loader tool used to launch attacks between 2020 and 2022. He was arrested in Ireland in 2023 and extradited to the U.S. to face charges.
Following an August incident where a burst water line at an Athlon BT-operated Bitcoin-mining facility in El Reno, Oklahoma spilled nearly four million gallons of water, a subsequent fire marshal inspection uncovered a string of serious safety violations. Investigators found flammable liquids stored near combustible materials, poorly maintained fire extinguishers, damaged electrical wiring, an empty emergency lockbox, and code-violating vegetation, prompting the city to issue the facility a failing safety grade.
A hacker exploited a bug in Blockstream's Liquid Network settlement system to withdraw roughly 4,000 bitcoins worth about $340 million. The attacker, described as a 'white hat,' returned around 3,400 bitcoins after Blockstream patched the flaw, but retained about 600 bitcoins worth roughly $47 million. Liquid Network has suspended operations while it implements further security fixes before resuming.
Blockstream's Liquid Bitcoin sidechain confirmed that hackers withdrew about 4,000 BTC—roughly 95% of its federation wallet, worth roughly $320 million—on September 6. The attackers embedded an on-chain message calling themselves 'whitehats,' asking Liquid to patch the vulnerability before they return the funds, and Liquid has since suspended transactions while shifting communication to an encrypted channel.
Liquid Network, a Bitcoin-based payments and settlement platform, disclosed on Sunday that roughly 4,000 of the 4,200 bitcoin held in its Federation wallet were withdrawn without authorization, totaling about $320 million. The network described the perpetrators as "purported white-hat hackers" and warned that user wallets on the platform would be affected by the breach.
A Bitcoin mining data center in El Reno, Oklahoma, owned by Athlon Blockchain LLC, has been condemned after leaking roughly 3 million gallons of water, prompting closures of schools, businesses, and city and county offices. The facility had reportedly continued construction and operations despite a 2023 city Stop Work Order tied to fire and safety code violations and expired permits.
Strategy, the company led by Michael Saylor that holds large bitcoin reserves on its balance sheet, has recovered financially after facing warnings this summer that it was heading toward a crisis. Analysts had raised concerns about a potential downward spiral tied to its bitcoin-heavy strategy, but the company has since returned to positive territory.
Gal Gadot has joined the cast of director Doug Liman's 'Bitcoin,' a biographical thriller also starring Casey Affleck and Pete Davidson, which has faced criticism over reports that producers may use AI to alter performances and capture actors on a 'markerless' digital stage instead of real locations. Gadot publicly defended her involvement on a podcast, saying she spent six months with lawyers ensuring AI wasn't used on her own performance, while arguing that resisting the technology entirely isn't realistic.
Bitcoin's price climbed this week alongside growing attention to U.S. Treasury debt buyback programs and an expansion of American sanctions policy. Investors appear to be reacting to signs of strain within the dollar-based financial system, pushing more capital toward crypto as a hedge.
Companies that built vast data centers of specialized computers to mine Bitcoin are redirecting that infrastructure toward AI workloads. The shift follows a decline in Bitcoin's value since its October 2025 peak, which has squeezed mining profits. Several of these firms are now striking deals with AI companies like Anthropic, which need massive computing capacity for their models.