🟠 Bitcoin drops below $80,000 on strong US jobs data
Bitcoin fell under the $80,000 level after US payroll data showed a 162,000 jobs gain, reigniting concerns that the Federal Reserve may keep rates elevated for longer.
The stronger-than-expected employment figure lifted Treasury yields and the dollar — both headwinds for risk assets including crypto. The initial selloff was uneven across the market, with the decline not holding uniformly across assets.
Rate expectations remain a key macro driver for Bitcoin, as tighter monetary policy tends to pressure speculative assets by raising the opportunity cost of holding them.
🔐 Hacker replayed one auth message 1,490 times in crypto exploit
A postmortem released Aug. 30 details how an attacker exploited a replay vulnerability to trigger repeated crypto payout loops using a single authorization message reused 1,490 times.
The flaw stemmed from mismatched serial-number checks that failed to invalidate previously used authorization messages, allowing the attacker to cycle through payouts repeatedly. A 105-minute gap in incident response allowed the exploit to run unchecked before it was contained.
Replay attacks — where valid signed messages are resubmitted to trigger unintended actions — remain a persistent threat in crypto infrastructure, particularly where nonce or serial-number validation is improperly implemented.
📈 U.S. Crypto ETFs Pull in $2.07 Billion in Weekly Inflows
U.S. spot crypto ETFs recorded $2.07 billion in combined net inflows for the week of Aug. 24–28, marking one of the strongest broad-based performances across multiple asset categories.
Bitcoin ETFs led with $924.48 million, followed by Ethereum at $824.42 million, Solana at $153.87 million, and XRP at $110.49 million. BlackRock's IBIT and ETHA were the top-performing individual funds. XRP ETFs posted their strongest weekly result of 2026, while HYPE exchange-traded funds also contributed to the record multi-asset showing.
The week marked the first time Bitcoin, Ethereum, Solana, XRP, and HYPE ETFs collectively posted strong inflows simultaneously, reflecting broadening institutional demand beyond Bitcoin alone.
Bitcoin climbed above $82,000 on Thursday, with the rally extending into equities tied to the crypto sector.
BTC-related stocks moved higher alongside the price recovery, reflecting the broader market lift that typically accompanies significant Bitcoin price moves.
⚖️ Senate CLARITY Act vote seen as key for crypto legal certainty
Advocacy group Stand With Crypto has highlighted the significance of the upcoming Senate vote on the CLARITY Act, describing it as a pivotal moment for digital asset markets in the United States.
The group argues the legislation would provide legal clarity for the crypto industry and improve consumer protections for everyday Americans. The CLARITY Act is aimed at establishing a clearer regulatory framework for digital assets, an issue the industry has long pushed Congress to address.
The Senate vote is being closely watched by crypto advocates and market participants as one of the most consequential pieces of U.S. crypto legislation currently advancing through Congress.
🟣 Solana's GOLD token crashes 99% in suspected rug pull
A Solana-based token called GOLD, promoted by an X account followed by Donald Trump, surged to a nearly $60 million market cap before collapsing to around $600,000 within minutes.
On-chain analyst EmberCN reported that wallets controlling 82.45% of the token's supply sold their holdings for approximately $1.01 million. The account behind the launch — realtrumpcoins — dumped a 224.5 million-token stake for a $312,000 profit within hours of launch. Fifteen wallets were flagged by on-chain investigators as part of the operation.
Traders have accused the project of a rug pull, with analysts noting the promotional account used to push the launch appears to have been compromised. The incident follows a familiar pattern of short-lived Solana meme tokens tied to political branding that spike on social attention before insiders exit.