Exchanges
Latest news, analysis, and updates on Exchanges from A47 News.
11 stories in Crypto · Updated live
Liquid Network suffers $320 million exploit due to cache bug
On September 6, 2026, an unknown actor exploited a range-proof verification cache bug in the Liquid Network, minting approximately 4,000 unbacked L-BTC and draining 95% of the federation's Bitcoin reserves. The immediate trigger was a flaw in the Elements codebase that had been patched but not deployed, allowing the attacker to manipulate the system. This incident raises long-term concerns about the security of federated sidechains and could lead to increased scrutiny and regulatory measures in the crypto industry.
Robinhood Partners with Crypto.com and OG.com to Expand Prediction Markets
On September 8, 2026, Robinhood Markets announced a multiyear partnership involving minority equity stakes in Crypto.com and its prediction markets spinout OG.com. This strategic move is triggered by the record growth in event contract revenue as the U.S. professional football season begins and midterm elections approach. The long-term implication is that Robinhood is diversifying its prediction markets infrastructure, potentially reshaping competitive dynamics in the sector.
Coinbase CEO Predicts Inevitable U.S. Crypto Regulatory Clarity Ahead of Senate Vote
On September 10, 2026, Coinbase CEO Brian Armstrong announced that the U.S. cryptocurrency industry would achieve federal regulatory clarity regardless of the Senate's upcoming vote on the Digital Asset Market CLARITY Act. This assertion comes as negotiations on ethics provisions are nearing resolution and amid ongoing SEC and CFTC rulemaking efforts. The long-term implication suggests that the U.S. will establish a clearer regulatory framework for digital assets, potentially influencing global crypto markets and operations.
Grayscale Zcash ETF Surpasses $500 Million AUM Amid Bitcoin Volatility
The Grayscale Zcash ETF achieved over $500 million in assets under management just two weeks after its launch on August 25, 2026, coinciding with Bitcoin's decline below $79,000. This surge in Zcash ETF interest is driven by institutional inflows seeking regulated exposure to privacy-focused cryptocurrencies amidst macroeconomic pressures, including anticipated Federal Reserve rate hikes. The long-term implication suggests a potential shift in investor sentiment towards altcoins and regulated crypto products as a hedge against Bitcoin's volatility.
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Sam Bankman-Fried Appeals Supreme Court for Overturn of Fraud Conviction
Sam Bankman-Fried has filed a petition with the U.S. Supreme Court to challenge his 2023 fraud conviction and the associated $11.02 billion forfeiture. This legal move comes after the Second Circuit upheld his conviction in June 2026, leaving him with limited options for appeal. The outcome of this petition could set a significant precedent for future cryptocurrency fraud cases and the legal treatment of digital asset misappropriation.
Trezor Confirms Phishing Campaign Targeting Customers After Brevo Email Breach
On September 9, 2026, Trezor reported a security incident involving its third-party email provider Brevo, which allowed scammers to send 347,000 phishing emails to its subscribers. The breach was triggered by unauthorized access to Brevo accounts, enabling the distribution of malicious messages that impersonated Trezor. This incident highlights ongoing vulnerabilities in third-party vendor relationships within the cryptocurrency sector, prompting Trezor to reevaluate its partnerships and warn customers of potential future phishing attempts.
Bitwise Liquidates Dogecoin ETF BWOW Due to Low Investor Uptake
Bitwise Asset Management announced the liquidation of its Dogecoin ETF BWOW on September 10, 2026, following a significant decline in assets under management. The immediate cause for this decision is attributed to poor investor demand, with the fund's assets falling below $1 million since its launch less than a year ago. This liquidation reflects ongoing challenges in the cryptocurrency ETF market, particularly for niche products like Dogecoin, which may lead to further consolidation in the sector.
Coinbase CEO Predicts Inevitable U.S. Crypto Regulatory Clarity Ahead of Senate Vote
On September 10, 2026, Coinbase CEO Brian Armstrong announced that the U.S. cryptocurrency industry would achieve federal regulatory clarity regardless of the Senate's upcoming vote on the Digital Asset Market CLARITY Act. This assertion comes as negotiations on ethics provisions are nearing resolution and amid ongoing SEC and CFTC rulemaking efforts. The long-term implication suggests that the U.S. will establish a clearer regulatory framework for digital assets, potentially influencing global crypto markets and operations.