The market this morning

Trezor and BitBox warn of phishing emails after breach at a shared provider hits Bitcoin firms

By Crypto Info News

Good morning. Trezor confirmed a breach at its email service and warned users about a fake security alert, according to Decrypt and The Block. The Block reported that the phishing emails came from a legitimate domain, and that the incident follows last month's breach at shipping provider ShipMonk, which exposed personal information of Trezor customers. Decrypt reported the fake alert claimed a hardware flaw could expose users' recovery phrases. Cointelegraph reported that BitBox said multiple Bitcoin companies appeared to have been targeted through a shared newsletter provider, while Trezor confirmed a breach at its email service.

On enforcement, Chainalysis and Cointelegraph reported that OFAC and the DOJ sanctioned Xinbi Guarantee, described by Chainalysis as a multibillion-dollar Chinese-language marketplace connecting criminal networks with money laundering and scams. Cointelegraph reported that U.S. authorities restrained $52 million in crypto, that the Justice Department seized Xinbi's Telegram channels and two wallets, and that investigators were pursuing 47 additional wallets. Separately, Chainalysis reported that purported white-hat hackers exploited the Liquid Network to withdraw $320 million in BTC from the network's reserve.

In Washington, Decrypt reported that crypto advocates and community bankers are targeting lawmakers in their home states ahead of a Sept. 15 procedural vote on the Clarity Act. CoinDesk reported that Coinbase CEO Armstrong told CNBC the industry gets regulatory clarity whether or not the Senate passes the bill.

Cointelegraph reported that Consensys will split into MetaMask and a separate institutional blockchain company, and that DoubleZero added Kalshi election-market data ahead of the U.S. midterms.

Markets were soft. Bitcoin was roughly flat at $78,378, and CoinDesk reported it held the $78,000 level. Ether traded at $2,479.72. CoinDesk reported that Dogecoin led major losses, with BNB and XRP also lower; the snapshot showed BNB at $720.74 and XRP at $1.39.

The day's disputed point: CoinDesk reported the Hunter Biden LAPTOP memecoin fell 98% on launch, while The Block put the drop at 99%. Both reported the team blamed bots and thin liquidity, and CoinDesk cited Nansen data showing early buyers with six-figure losses.