Blockent Report

🚨 FEUD: OpenAI will cut off SpaceX-owned Cursor, escalating its feud with Elon Musk. @BlockentReport

🚨BREAKING: $201,810,000 fled Bitcoin ETFs in a single day after Warsh's speech. US spot Bitcoin ETFs posted the outflow on Friday as Bitcoin dumped to $77,580, per SoSoValue. One day earlier, the same funds took in $242 MILLION. @BlockentReport

🔥 OPINION: BIS chief says stablecoins aren’t credible for payments at scale, backing tokenized bank deposits instead. @BlockentReport

📊 BTC: This is Bitcoin's best August since 2017. @BlockentReport

🚨 HUGE: Grok Bot can make purchases across the internet now on users’ behalf through a Stripe integration. Grok can now buy products online for its users, with Stripe handling the payment credentials. Grok never sees actual card number; instead, Link generates a unique virtual card number for each purchase, with users required to approve transactions on their phone. @BlockentReport

‼️ BULLISH: $13 TRILLION Charles Schwab is quietly becoming a crypto exchange. In the four months since launching Schwab Crypto, the brokerage has: - Rolled out direct Bitcoin and Ethereum trading - Announced $SOL, $AVAX and $LINK listings - Launched 24/7 futures on Bitcoin, Ethereum, Solana and $XRP - Promised crypto transfers in and out of accounts Next up is reportedly a service for financial advisors by mid-2027, opening another $5.7 TRILLION in managed assets to crypto. One-third of Schwab's new clients are Gen Z. @BlockentReport

🚨 BREAKING: Ethereum core developers schedule EIP-8141 account abstraction for the Hegotá upgrade. EIP-8141 has moved from “Considered” to “Scheduled,” signaling that Account Abstraction is now expected to ship with Hegotá. The move comes as EIP-8130 emerges as a competing design and is set to launch on Base in September, raising concerns about fragmented standards across Ethereum L1 and L2s. Developers are now working toward a shared transaction standard that preserves L1 flexibility while allowing L2s to optimize for performance and DoS resistance, with the goal of making accounts interoperable across Ethereum’s ecosystem. @BlockentReport

🚨 UPDATE: Trump-linked Real Trump Coins promoted GOLD before team-linked wallets dumped $330,000 worth, sending the token crashing 99%. @BlockentReport

👀 MYSTERY: Did Kevin Warsh’s carefully worded “hike” references FOOL the algos? An unusually specific sequence in Fed Chair Warsh’s remarks is raising eyebrows. In the first few minutes of his JacksonHole speech, Warsh used the word “hike” three times while discussing hiking trails, without referring to interest-rate hikes. He also avoided the phrase “forward guidance,” instead describing his speech outline as a “trail map.” Warsh ended one sentence with “hike” before beginning the next thought with “interest rates”, a combination that appears to have coincided with gold and silver gaining by nearly 1% before erasing $730 BILLION in combined value in mere minutes. Some algos may have misread the hiking references as rate-hike guidance, triggering automated trades while effectively interpreting a discussion about hiking trails as monetary-policy guidance. @BlockentReport

🚨 UPDATE: OpenAI is ending its partnership with Cursor following its acquisition by SpaceX. OpenAI says it made the decision because it “cannot be confident that SpaceX will use our technology within our terms of service,” citing its experience with Elon Musk’s companies allegedly violating contracts. Cursor’s direct access to OpenAI models will end on November 12. @BlockentReport

🔥 INSIGHT: Ciaran Lyons asks Hayes where he sees the best crypto risk-reward. Hayes’ answer: Ethereum. He thinks ETH could deliver a 3–5X move quickly, while Hyperliquid no longer offers the same upside relative to expectations. #tradesecrets @BlockentReport

🚨 ALERT: Trump-linked account appears to have been HACKED to promote a “Trump Digital Gold” rug pull. A post promoting $GOLD appeared on ‘realtrumpcoins1,’ an account followed by the official Trump account and linked as a merchandise partner to the Trump Organization. $Gold then EXPLODED to nearly $60M in market cap before the post was deleted, sending the token from $60M to just $600K in a single candle, flagged by lookonchain The team made $1Million+ in fees and sold its entire 82.5% token bundle, locking in another $317K in profit. @BlockentReport

🚨 NEW: Smuggled North Korean smartphone reveals the regime monitors virtually everything users type and watch. A 2023 Hyang 701 smartphone obtained from North Korea appears to run a heavily restricted Android-like system connected only to the country’s closed intranet, per WSJ The device reportedly includes keystroke monitoring, undeletable screenshots of user activity, and automatic censorship that rewrites terms such as “South Korea.” What looks like an ordinary smartphone is effectively a surveillance and censorship device. @BlockentReport

🔥 ETFS: The ETH ETFs have now seen 10 straight days on net inflows while BTC just broke its own streak after Friday's net outflow of $201M. @BlockentReport

🔥STUNNING: Institutions poured $580 MILLION into crypto ETFs, and less than 24 hours later Warsh nuked the entire market. Thursday's inflows: $BTC: $242 MILLION $ETH: $234 MILLION $SOL: $61 MILLION $HYPE: $24 MILLION ripple:native: $18 MILLION The buyers had only just returned after a summer of outflows peaking above $800 MILLION per day. Then Warsh's hawkish Jackson Hole speech turned every major coin red, with Bitcoin down 3%, Ethereum 2.8%, Solana 4.5% and XRP nearly 5%. What's your take? @BlockentReport

▶️ UPDATE: Avici will refund every user hit in the card drain in full. The company confirms the incident drained $500,859 from 1,685 users, below early on-chain estimates of $1 MILLION. The vulnerability came from a Solana card contract used by Avici's card-issuing partner Rain, and has now been patched across all programs. Avici's self-custodial wallets were never affected, and the company has filed a report with the FBI. @BlockentReport

BREAKING: 🇺🇸🇻🇪 Trump announces "the biggest oil deal in world history" with Venezuela. The president says the US has secured majority control of more than 65 BILLION barrels of Venezuelan oil "at no cost to the American Taxpayer." Trump says the deal more than DOUBLES American oil reserves and will "substantially lower Gas Prices" for Americans. @BlockentReport

JUST IN: 🇺🇸🇻🇪 President Trump says US entered "the biggest oil deal" in history with Venezuela that will double American oil reserves. @BlockentReport

⚠️ALERT: Crypto neobank Avici is being drained in an apparent ongoing attack. More than $1 MILLION has left card collateral accounts on the Solana-based platform, per on-chain data, with the attacker's wallet funded through the deBridge cross-chain bridge. Avici says it is "aware of an issue affecting card balance withdrawals" but has not confirmed a loss or called it an exploit. The $AVICI token has crashed 49% to a record low, while fake Avici phishing sites have reportedly stolen another $600,000 from users. @BlockentReport

JUST IN: 🇺🇸Trump weighs chip tariffs that would tax the AI buildout itself. The administration is considering sweeping semiconductor tariffs reaching beyond chips to laptops, gaming consoles and the servers powering AI data centers, per Politico. The US already charges a 25% tariff on certain AI chips, and Trump has previously floated rates of "approximately 100%." @BlockentReport