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Showing posts from September, 2026

Mighty Mike and the scam-coded future

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A bizarre drama played out on YouTube this past week, when a channel called Mighty Mike Plays posted a video explaining how nine-year-old “Mighty Mike” apparently got a hold of his father Dave’s company card and spent $118,000 on a YouTube ad campaign. However, the story immediately appeared to have a number of holes, and within a few days there were too many red flags for influencers, who had initially boosted the story’s reach, to ignore. Dave explains how Mike spent $118K on his company card and now he might get fired. Just a kid and his dad Mighty Mike Plays, which Features Roblox and Minecraft videos, was created in June of 2024 but only started posting videos in August of this year. Over the past month, the channel has uploaded 175 long and short form videos — a considerable number for a child of nine. When it suddenly started reaching the front page of YouTube ads, people began to comment that Mike was going to get in trou...

SEC, CFTC and FDIC accelerate U.S. crypto adoption amid CLARITY Act delays

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Although the CLARITY Act – a proposed legislation in the United States aimed at regulating the cryptocurrency industry – stalled in a major Senate vote earlier this week, key federal regulators – including the Securities and Exchange Commission (SEC),  Commodity Futures Trading Commission (CFTC), and Federal Deposit Insurance Corporation (FDIC) – have declared actionable and rule-based initiatives to speed up crypto market adoption in the country. On September 17, 2026, the U.S. SEC announced that it has granted a temporary and conditional exemptive relief to Tokenized Securities Venues (TSV) such as Robinhood Markets, Inc. (Nasdaq: HOOD) and  Coinbase Global Inc. (NASDAQ: COIN). The agency said that these  exemptions are set to expire five years, or September 17, 2031.  “The division stands ready to work with interested parties seeking to operate a TSV and field questions from investors and market participants,” Jamie Selway, Director of the SEC Di...

Trezor’s summer of hacks continues with Brevo email breach

Trezor is facing yet another security dilemma after its third-party email partner Brevo was breached, exposing Trezor users to a series of phishing emails. The wallet maker revealed that hackers were able to access its email domain, which it’s since taken down, and is now launching an investigation.  Scammers warned Trezor newsletter subscribers of a “Critical Security Alert: STM32 Entropy Vulnerability” before trying to convince them to give up their wallet backups.  Our third-party e-mail provider has been breached. Please be aware that the email named ‘Critical Security Alert: STM32 Entropy Vulnerability’ is not coming from us, and it’s a phishing attempt. Do not click on any link. We have taken down the domain, and we are investigating… — Trezor (@Trezor) September 9, 2026 Read more: Trezor says mailing breach leaked 67K more users than first thought Brevo is also the email provider for crypto firms BitBox, CoinTracking, Peach Bitcoin, a...

Bitcoin Hits $82,000 Amid Market-Wide Rally: Why Is Crypto Up?

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The cryptocurrency market is making another upward push with Bitcoin (BTC) briefly reclaiming the $82,000 mark. CoinGecko data shows that BTC’s price has risen by 4% in the last 24 hours and nearly 26% over the last month. BTC seems to be facing some resistance around $82,100. Let’s discuss why Bitcoin (BTC) is up today, and if it can continue its climb to $90,000. Source: CoinGecko Why Is Bitcoin Up Today? Source: Forbes Bitcoin and the larger crypto market has made multiple upward efforts over the last two weeks. Late August saw the first upswing right after President Trump’s White House cryptocurrency event and the US Treasury’s increased bond buy backs. The first development led to increased investor confidence, and the second led to higher liquidity. However, Bitcoin (BTC) and the larger crypto market faced a correction after Federal Reserve Chair Kevin Warsh gave a hawkish speech at the Jackson Hole meeting. Warsh warned of rising inflation, which led to ma...