BREAKING
Sep 20Robinhood Wallet Users Bought Dogwifhat With Credit Cards and Earned Cash Back, Because Visa Was Told They Were Buying E-BooksSep 19The Senate Needed 60 Votes to Give Crypto a Rulebook and Got 49. The CFTC Needed Zero, and Just Filed One With the White House.Sep 18The SEC Just Legalized Trading Apple Stock on Uniswap. The $3 Billion of Tokenized Stocks That Already Exist Don't Qualify.Sep 17Two Robinhood Engineers Front-Ran Their Own Company's Token Listings on Hyperliquid. They Made $50K Each. They're Facing 30 Years.Sep 16The Democrats Who Helped Write the CLARITY Act Just Voted to Kill It. 49-50. Crypto's Senate Bill Is Dead for 2026.Sep 15Balancer's CEO Just Asked Token Holders to Vote the Protocol Dead. Its $9M Treasury Is Worth More Than Its Own Token.Sep 14Trump Made $1.4 Billion on Crypto Last Year. Republicans Just Sent Democrats a 'Final Offer' That Makes Him Give Up Control of It.Sep 13Someone Emailed Revolut From a Real Government Domain. Revolut Sent Back Passports and Bitcoin Histories.Sep 12FTX Creditors Got Up to 120% of Their Money Back. SBF Just Told the Supreme Court That's Why He's Innocent.Sep 11They Pointed AI Agents at Bitcoin's Encryption. Eight Weeks Later, Cracking It Got 86% Cheaper.Sep 20Robinhood Wallet Users Bought Dogwifhat With Credit Cards and Earned Cash Back, Because Visa Was Told They Were Buying E-BooksSep 19The Senate Needed 60 Votes to Give Crypto a Rulebook and Got 49. The CFTC Needed Zero, and Just Filed One With the White House.Sep 18The SEC Just Legalized Trading Apple Stock on Uniswap. The $3 Billion of Tokenized Stocks That Already Exist Don't Qualify.Sep 17Two Robinhood Engineers Front-Ran Their Own Company's Token Listings on Hyperliquid. They Made $50K Each. They're Facing 30 Years.Sep 16The Democrats Who Helped Write the CLARITY Act Just Voted to Kill It. 49-50. Crypto's Senate Bill Is Dead for 2026.Sep 15Balancer's CEO Just Asked Token Holders to Vote the Protocol Dead. Its $9M Treasury Is Worth More Than Its Own Token.Sep 14Trump Made $1.4 Billion on Crypto Last Year. Republicans Just Sent Democrats a 'Final Offer' That Makes Him Give Up Control of It.Sep 13Someone Emailed Revolut From a Real Government Domain. Revolut Sent Back Passports and Bitcoin Histories.Sep 12FTX Creditors Got Up to 120% of Their Money Back. SBF Just Told the Supreme Court That's Why He's Innocent.Sep 11They Pointed AI Agents at Bitcoin's Encryption. Eight Weeks Later, Cracking It Got 86% Cheaper.
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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

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.

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