Sep 10, 2026 · 5 min listen · Last updated September 10, 2026
From storyflo. This is your daily audio brief. It's Dex, September 10th. On-chain and off — the five stories setting today's crypto agenda. Let's get into it. First, from CoinTelegraph. Trezor, BitBox warn users about fake hardware wallet security alerts.
◎Crypto markets · Kraken
Listen · storyflo · crypto
Daily Crypto Brief · September 10th
0:00-4:34
Pick your daily storyteller
Subscribe to match with Theo, Jessica, Chloe, Mason, Brock — your voice, every brief.
Audio pre-rendered by Storyflo · cached + delivered from the edge
Trezor, BitBox warn users about fake hardware wallet security alerts
BitBox said multiple Bitcoin companies appeared to have been targeted through a shared newsletter provider, while Trezor confirmed a breach at its email service. Hardware wallet makers Trezor and BitBox warned users about phishing emails disguised as urgent security notices after suspected compromises involving third-party email services. On Wednesday, Trezor said its email provider had been breached and warned that a message titled “Critical Security Alert: STM32 Entropy Vulnerability” was fraudulent. The company urged recipients not to click any links.
Trader Buys $LAPTOP Dip at $5.97, Loses 87% More as Token Craters
A crypto trader tried to catch Hunter Biden’s LAPTOP, a meme coin built on Base, on the way down. It fell anyway, and he has already lost most of the $170,000 he spent buying the dip. The trader bought 28,448.72 LAPTOP at $5.97 apiece, according to on-chain tracker Lookonchain. That stake is now worth about $21,000, an 87% loss from the purchase price, as it sits at $0.87 per token, according to a wallet tracked by DeBank. LAPTOP launched Wednesday and lost roughly 98% of its value within an hour, according to Quartz. It slid from a peak of $190.81 to as low as $3.70.
Bitcoin sell pressure reaches one-month low as long-term holders slow down profit taking
Bitcoin’s on-chain sell-side risk has fallen to less than half its August peak, easing one measure of potential selling pressure even as a large block of older coins remains held at acquisition prices above the market. Analytics firm Glassnode’s Sept. 9 report, using on-chain observations through Sept. 7, puts its Sell-Side Risk Ratio at 7 basis points per day on a seven-day basis, down from 16 basis points at August’s peak. Long-term holders also accounted for 47% of realized profit, compared with 88% at the August peak.
US sanctions Xinbi scam marketplace, restrains $52M in crypto
The U.S. Justice Department has restrained over $52 million in crypto linked to the Xinbi scam marketplace, seizing two wallets containing around $12 million. They’re also pursuing 47 more wallets tied to a money laundering network. This operation focuses on dismantling the infrastructure behind large-scale scams, with Tether assisting in the investigation.
In a related move, the U.S. Treasury Department sanctioned Xinbi as a significant transnational criminal organization, along with two tech providers, SafeW Technology and Anwen Technology. Xinbi has processed over $24 billion in crypto and fiat since 2022, often linked to illicit activities in Southeast Asia.
These sanctions block Xinbi's U.S. assets and prohibit transactions with the designated entities, following similar actions from the UK.
For listeners who want low-fee crypto exposure, our markets partner Kraken supports Tether — link in show notes.
Malone Lam, a Singaporean citizen and recent Miami resident, pleaded guilty in Washington, D.C., to taking part in an international cybercrime conspiracy that stole and laundered more than $245 million in cryptocurrency. Attorney Jeanine Ferris Pirro announced the plea after Lam appeared before US District Judge Colleen Kollar-Kotelly. $245 Million Crypto Heist According to the official press release, the 22-year-old pleaded guilty to one count of participating in a RICO conspiracy, and the judge scheduled a status hearing for December 8, 2026.
Bitcoin's Spot-Backed Rally Hides an Altcoin Leverage Trap Last Seen in 2025
Altcoin perpetual futures carried more open interest than Bitcoin’s on September 6, the first flip since December 2024. Bitcoin’s rally is still spot‑driven, with short covering easing and call‑option skew rising. Zcash derivatives hit a $2.4 billion peak as the token rallied, and Grayscale’s filing to turn its ZEC trust into a spot ETF adds a new demand angle. Ether and new tokens on Robinhood’s
Hunter Biden launched LAPTOP to cure memecoin grift and created a whole new batch of losers
Hunter Biden’s LAPTOP token left nearly 80% of traders underwater within hours despite being pitched as an answer to memecoin grift. Hunter Biden is the son of former US President Joe Biden. Data from Bubblemaps showed that 12,151 of the token’s 15,206 traders lost money, while only 3,026 were profitable and 29 were at break-even or held positions that could not be priced. Most of the losses were relatively small, with 11,311 wallets down less than $1,000.