BREAKING
Oct 12Coldcard's Own X Account Told Users to Move Their Bitcoin. Coldcard Can't Find a Single Login●Oct 11For 11 Years, a Few Hundred XRP Could Have Printed XRP Past the 100 Billion Cap. Ripple's Engineers Patched It Without Telling Anyone Why●Oct 10Ledger Just Told Buyers Not to Set Up the Wallet They Paid For. Analysts Say $86M Is Already Gone●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 3Someone Stole Less Than $1,000 From MetaMask's Validators. MetaMask Is Pulling $1.4 Billion of ETH Out of Staking Because of It●Oct 2The SEC Just Told Fund Managers They Can Hold Your Crypto Keys Themselves. The Catch: Every Quarter They Have to Write Down That Nobody Else Will●Oct 12Coldcard's Own X Account Told Users to Move Their Bitcoin. Coldcard Can't Find a Single Login●Oct 11For 11 Years, a Few Hundred XRP Could Have Printed XRP Past the 100 Billion Cap. Ripple's Engineers Patched It Without Telling Anyone Why●Oct 10Ledger Just Told Buyers Not to Set Up the Wallet They Paid For. Analysts Say $86M Is Already Gone●Oct 9Cantor Fitzgerald's Tether Stake Went From $600M to $10B. Now a Senator Wants to See the Receipts●Oct 7OKX Pleaded Guilty to Running an Illegal Money Business in the US. Now Circle, Ripple and Standard Chartered Are Buying In●Oct 6Treasury Wanted a Token Swap or a Fresh Wallet Address Counted as 'Mixing.' It Just Dropped the Rule●Oct 5Someone Just Drained $6 Million From a Vault on Base. Nobody Will Say Whose Vault It Was●Oct 4Blast Pulled In $2 Billion Before It Even Had a Chain. Now It's Switching the Chain Off Because It Can't Cover the Bills●Oct 3Someone Stole Less Than $1,000 From MetaMask's Validators. MetaMask Is Pulling $1.4 Billion of ETH Out of Staking Because of It●Oct 2The SEC Just Told Fund Managers They Can Hold Your Crypto Keys Themselves. The Catch: Every Quarter They Have to Write Down That Nobody Else Will●
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The Weekly Grind (Sep 7–Sep 14): FTX Creditors Get 120% Back, AI Slashes Bitcoin Crack Costs

The Weekly Grind (Sep 7–Sep 14): FTX Creditors Get 120% Back, AI Slashes Bitcoin Crack Costs

September 14, 2026 · 2 min read · 284 words

Weekly Grind (Sep 7–Sep 14)

This week in crypto was a whirlwind of unexpected returns and technological leaps. FTX creditors got more than they bargained for, while AI research slashed the costs of cracking Bitcoin’s encryption, raising eyebrows across the sector.

The Big Stories

  • FTX Creditors Recoup 120%: In a surprising turn, FTX creditors received up to 120% of their money back. Sam Bankman-Fried is using this as part of his Supreme Court defense, claiming FTX was merely ‘temporarily illiquid’. Read more.

  • AI Cuts Bitcoin Crack Costs by 86%: A team from Ethereum Foundation and others reduced the cost of cracking Bitcoin’s encryption by 86% using AI agents. The implications for crypto security are massive. Read more.

  • Consensys Rebrands as MetaMask: Consensys has rebranded itself, giving the name ‘Consensys’ to a new company and leaving the future of its IPO uncertain. Read more.

  • Revolut’s Security Breach: Revolut mistakenly handed over sensitive customer data, including Bitcoin histories, due to a fraudulent email from a real government domain. Read more.

By the Numbers

  • $1.4 billion: Trump’s crypto earnings last year.
  • 120%: FTX creditors’ repayment rate.
  • 86%: Reduction in Bitcoin crack costs.
  • $3.8 billion: Losses on $TRUMP token.
  • 988,905: Wallets affected by $TRUMP token losses.

What This Means for Crypto Jobs

The AI-driven breakthrough in Bitcoin security highlights a growing demand for AI specialists within crypto. Meanwhile, customer trust issues at Revolut may spur hiring in compliance and security roles. Consensys’ restructuring could lead to shifts in job opportunities, particularly in Web3 sectors. On the flip side, the legal and regulatory battles surrounding FTX might see a slowdown in hiring, especially in roles tied to financial compliance and legal advisory.

Find your next crypto role at cryptogrind.com.

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