🧩 Balancer considers shutdown following $130M hack
Balancer, one of DeFi's most established decentralized exchanges, is weighing a potential shutdown after struggling to recover revenue in the wake of a major security breach.
The protocol was hit by a $130M hack in November 2025 and has since failed to restore sufficient revenue to sustain operations, prompting the team to consider closing down entirely.
Balancer has been a cornerstone of DeFi infrastructure since its early days, making a potential shutdown a significant development for the broader decentralized exchange ecosystem.
🟠 Bitcoin Reserve Bill Heads to House Committee Vote
The House Financial Services Committee is scheduled to vote on the American Reserve Modernization Act (ARMA) of 2026 (H.R. 8957) on Wednesday, September 16 at 10:00 a.m. ET.
The bipartisan bill was introduced by Republican Rep. Nick Begich and Democratic co-sponsor Rep. Jared Golden. ARMA would establish a U.S. Bitcoin reserve, marking one of the most significant legislative steps toward formal federal Bitcoin holdings if advanced out of committee.
⚖️ Senate crypto market structure bill faces make-or-break vote Tuesday
The U.S. Senate is set for a pivotal vote on Tuesday on a crypto market structure bill, scheduled by Majority Leader John Thune (R-SD), with the crypto industry pushing hard for its passage.
The vote is being described as a defining moment for the legislation, which aims to establish regulatory clarity for digital assets. The bill's fate in the Senate will determine whether it advances or stalls.
No further procedural or legislative details were provided in available reporting.
🐸 Hunter Biden LAPTOP token collapses 98% after launch
This week's crypto recap spans memecoins, a major theft guilty plea, and sanctions evasion.
Pump.fun launched a feature pairing memecoins with tokenized stocks, while the Hunter Biden-themed LAPTOP token crashed 98% shortly after its debut. A cybercrime network entered guilty pleas over a $245 million crypto heist. Exchange Liquid continued efforts to recover from a 4,000 BTC exploit. Separately, reports indicate Iran is increasingly relying on Bitcoin and USDT to circumvent international sanctions.
Spot XRP ETFs have set a new all-time high in cumulative inflows, reaching $1.7 billion as a nine-week streak of consecutive weekly inflows continues.
The sustained demand marks one of the strongest sustained inflow runs for any crypto ETF product, reflecting growing institutional appetite for XRP exposure through regulated vehicles.