Frens Market Feeds

Robinhood Chain Generates 17,171 ETH ($42.58M) in Revenue in 70 Days According to Arkham data, Robinhood Chain has generated approximately 17,171 ETH (about $42.58 million) in cumulative revenue since launching 70 days ago, averaging roughly $608,000 per day. About 90% of the revenue went to Robinhood Chain itself, equivalent to approximately 15,454 ETH (about $38.32 million), while the remaining 10%, or approximately 1,716 ETH (about $4.26 million), went to its technology provider Arbitrum. — link

Tether Freezes About $39.3M USDT Across 10 TRON Addresses Linked to Xinbi Guarantee MistTrack reported that Tether froze approximately 39.27 million USDT across 10 TRON addresses that MistTrack identified as linked to the Telegram-based escrow platform Xinbi Guarantee. MistTrack said the action follows earlier freezes involving Huione-linked funds and may represent another crackdown on illicit Telegram-based escrow platforms. — link

BitMine ETH Holdings Reach 5.93M, Representing 4.9% of Total Supply BitMine, the largest Ethereum treasury company, said it held 5,929,198 ETH as of Sep. 7, worth about $14.79 billion at $2,495 per ETH and representing roughly 4.9% of Ethereum’s 122 million total supply. The company acquired an additional 28,086 ETH last week and said it has bought ETH every week since launching its treasury strategy on June 30, 2025. BitMine also holds 211 BTC and about $593 million in cash and marketable securities, bringing total crypto, cash, marketable securities and other investments to about $15.7 billion. As of Sep. 7, it had staked 5,067,309 ETH, or about 85% of its ETH holdings, with current annualized staking revenue projected at roughly $330 million. — link

Strategy Makes No BTC Purchases or ATM Share Sales, Expands Securities Buyback Program to $2B Strategy disclosed in an SEC 8-K filing that it did not sell any shares under its at-the-market offering program and did not purchase or sell any bitcoin between Aug. 31 and Sep. 7. As of Sep. 7, the company held approximately 845,050 BTC, acquired for an aggregate purchase price of about $63.73 billion at an average cost of roughly $75,412 per bitcoin. Strategy also increased the authorized size of its Digital Credit Securities Repurchase Program from $1 billion to $2 billion and repurchased 1,810,885 shares of STRC preferred stock for about $176.3 million during the period. As of Sep. 7, its USD Reserve and USD Cash balances stood at approximately $5.10 billion and $1.44 billion, respectively. — link

Upbit to List HEMI and USELESS in BTC and USDT Markets South Korea’s largest crypto exchange Upbit announced that it will add trading support for Hemi (HEMI) and Useless (USELESS), with both tokens available in BTC and USDT trading pairs. Hemi is a modular Layer 2 network connecting Bitcoin and Ethereum, with HEMI serving as its native token, while USELESS is a Solana-based meme coin. — link

F2Pool Co-Founder Says Zcash Rally Is Narrative-Driven, Fundamentals Don’t Match Market Rank F2Pool co-founder Chun Wang said Zcash’s recent gains have been driven largely by “narrative buying,” arguing that a higher market capitalization does not mean its fundamentals justify its current ranking. He said Zcash has long faced questions over token distribution, governance and security, and that its privacy narrative alone is not enough to put it on par with networks such as Solana and Hyperliquid, which he said have clearer real-world usage demand. — link

Highlight Clip: Arthur Hayes: Does Bitcoin Need the CLARITY Act to Go Up? Arthur Hayes: Does Bitcoin Need the CLARITY Act to Go Up? In an August 2026 video interview with Altcoin Daily, BitMEX co-founder Arthur Hayes said he doesn't hate the CLARITY Act — but it's a moat-building tool for projects that spend more on lawyers, and it's terrible for real creativity and builders of useful products in US crypto. Bitcoin never needed the CLARITY Act since 2009; what it needs is Bessent expanding Treasury buybacks overnight or the Fed printing money to help Japan swap Treasuries for cash. The biggest rally in recent history came because the market finally realized the US debt problem is real and yield curve control is coming. His advice to Trump: just veto it. — link

Korea’s Top Two Crypto Exchanges Upbit, Bithumb to List Cluster Protocol’s CP South Korea’s two largest crypto exchanges are adding Cluster Protocol (CP): Upbit will list CP against KRW, BTC and USDT, while Bithumb will open CP/KRW trading at around 3:30 p.m. KST on Sept. 8. Cluster Protocol is an AI infrastructure network that connects models, data, GPU compute and AI agents, with on-chain payments used to settle resource usage. — link

Tether CEO: Expanding the Dollar Network While Buying Bitcoin and Gold Tether CEO: Expanding the Dollar Network While Buying Bitcoin and Gold In an August 30, 2026 video interview with The Wolf Of All Streets, Tether CEO Paolo Ardoino said Tether is long the dollar network, distributing dollars globally through USDT and holding massive Treasuries, while using its profits to aggressively buy Bitcoin and gold as a hedge against fiat debasement. Bitcoin is the mother of all digital assets and a natural inflation hedge, he said, and Tether also invests in land to survive the worst case scenario. He conceded that most of the world's decision makers are above 60 and that Bitcoin lacks gold's 5,000 years of proof, which is why central banks buy gold every single day; Bitcoin is more understood by a younger generation and still needs a generational change to be broadly accepted. — link

Ethereum Foundation Grades 62 Hegotá EIPs, Targets Quantum-Resistant L1 by 2029 The Ethereum Foundation’s Protocol Cluster published its Hegotá upgrade assessment and roadmap, grading 62 proposed EIPs. EIP-7805 (FOCIL, an anti-censorship proposal) and EIP-8141 (Frame Transactions, a core account abstraction proposal) were placed in the S tier as “must ship,” while 15 proposals were rated A tier as “expected to ship” and 28 were rejected. The Protocol Cluster also outlined research priorities through 2029, targeting quantum resistance across Ethereum L1’s execution, consensus, and data layers by December 2029, with fast finality, post-quantum security, privacy, state, and zkEVM identified as five cross-upgrade research areas. — link

Former U.S. President Joe Biden’s Son Hunter Biden to Launch $LAPTOP Meme Coin According to The Wall Street Journal, Hunter Biden, the son of former U.S. President Joe Biden, plans to launch a meme coin called LAPTOP on Coinbase’s Base network on September 9, with a total supply of 1 billion tokens. About 30% of the supply will go to the founding team, while 20% is allocated to investors who lost money on the Trump-linked $TRUMP token. Another 20% is earmarked for charity and operations, while up to 30% could be burned based on predetermined events, including a Democratic victory in the 2028 presidential election. — link

Privacy Is Crypto’s Only Sector Above the 2025 High, Led by ZEC’s 2,496% Rally According to Glassnode, privacy is the only major crypto sector trading above its level at Bitcoin’s October 2025 high, up 213% while every other sector remains below that mark. The sector’s market cap has grown from $7.1 billion a year ago to $33.6 billion, led by ZEC, which has surged 2,496% and risen from 82nd to 7th by market cap. ZEC now accounts for about 62% of the sector, though Glassnode noted the rally is broader: excluding ZEC, the cap-weighted privacy basket is still up 85% over the past year. — link

Bitcoin-Gold Correlation Hits Nine-Year High as Nasdaq Link Falls to One-Year Low According to Protos, Bitcoin’s 90-day correlation with gold has risen to 0.56, its highest level since most data providers began tracking the metric in 2017 and above the previous peak of around 0.50 in November 2020. Meanwhile, its 90-day correlation with the Nasdaq 100 has fallen to roughly 0.30, a one-year low. On a 30-day basis, BTC’s correlation with gold has climbed to 0.72, versus just 0.22 with the Nasdaq Composite, reinforcing the renewed “digital gold” narrative amid August’s debasement trade. — link

Singaporean Suspect in $240M Bitcoin Theft Set to Plead Guilty After $569K Nightclub Spend According to AP, 22-year-old Singaporean Malone Lam is set to appear at a plea agreement hearing Tuesday over his alleged role in a 2024 social-engineering scheme that stole more than $240 million worth of Bitcoin. Prosecutors say Lam and his associates spent the proceeds on luxury cars, private jets and mansions, with Lam spending more than $569,000 in a single night at a Los Angeles nightclub. If he pleads guilty, he would become the 11th defendant to do so among 18 people charged in the case; prosecutors previously estimated a sentencing-guideline range of at least 14 years. — link

DBS and Citi Complete First Weekend Cross-Border USD Payment Using Tokenized Deposits on Swift Ledger DBS and Citi completed a cross-border USD payment between Singapore and the U.S. over the weekend using tokenized deposits via Swift’s blockchain-based Digital Ledger. The September 5 transaction took minutes to complete and demonstrated 24/7 cross-border payment capability outside traditional banking hours. Swift’s ledger synchronizes interbank payment commitments while settlement remains off-ledger through existing banking infrastructure. — link

Philippines Proposes 12-Month Freeze on New Payment Operators, Tightens Crypto Payment Controls The Bangko Sentral ng Pilipinas has proposed a 12-month suspension on new Operator of Payment System registrations while it reviews the country’s licensing framework. The draft would also require regulated institutions serving virtual asset businesses through merchant acquiring arrangements to apply enhanced due diligence, monitoring, and transaction and settlement limits. If finalized, the rules would take effect 15 days after publication. — link

Highlight Clip: Strategy CEO: Will Continue Buying Bitcoin Even If BTC Surpasses Its All-Time High Strategy CEO: Will Continue Buying Bitcoin Even If BTC Surpasses Its All-Time High On September 2, 2026, Strategy CEO Phong Le said in an interview that the company remains a net buyer of Bitcoin. Even if the price reaches $80,000, $90,000, or $100,000, or even surpasses $130,000 to set a new all-time high, Strategy will continue buying. The company previously sold around 7,000 Bitcoin, representing less than 1% of its holdings, mainly to fund preferred stock dividends and share repurchases. Phong Le said Strategy follows a two-way capital strategy, maintaining the flexibility to buy and sell Bitcoin as well as raise capital through stock financing. — link

Bankless Co-Founder David Hoffman’s Altcoin Picks Surge as LIT Gains 369% and ZEC Rises 110% DeFi researcher Ignas said that LIT and ZEC were among the best-performing assets after Bankless co-founder David Hoffman publicly sold ETH in May and rotated into LIT, ZEC, NEAR, and VVV. Since around the time of Hoffman’s ETH sale, LIT, ZEC, and NEAR have gained approximately 369%, 110%, and 54%, respectively, while ETH rose about 8% and VVV fell about 6%. — link

CryptoQuant Analyst: Bitcoin Sees Sharpest Deleveraging Phase Since 2023 CryptoQuant analyst Darkfost said Bitcoin has recently experienced its sharpest deleveraging phase since 2023, with Binance’s open interest briefly falling below its 180-day average. Binance’s current open interest stands at approximately $9.6 billion, above the 180-day average of $8.3 billion and accounting for about 37% of Bitcoin’s total open interest. The current cycle has seen one of the largest liquidation events in Bitcoin’s history. Darkfost said traders appear to have returned and are fueling BTC’s rebound, while warning that excessive leverage could trigger another severe deleveraging episode. — link

Highlight Clip: CZ: Bitcoin May Flip Gold in the Next Bull Run CZ: Bitcoin May Flip Gold in the Next Bull Run In a Bitcoin Asia fireside chat published by Bitcoin Magazine on Aug. 28, 2026, Binance founder CZ said that if Bitcoin gradually becomes a strategic reserve asset for countries, its ultimate importance will likely surpass gold's. The real resistance today is not the asset itself, he argued, but the mature valuation, custody and reserve systems countries have already built around gold, and for large economies completing such a switch typically takes many years. Bitcoin nonetheless holds the stronger long-term advantage over gold, CZ said, with a single low-probability exception: a stronger digital asset emerging to replace it before Bitcoin closes the gap, which he sees as unlikely for now. — link