This Week in Bitcoin

The legacy system is breaking down as Bitcoin infrastructure builds up. From bond-market stress to Liquid’s 4,000 BTC crisis, the weakest links are showing. Episode Links 🎉 Boost from the Web 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling ⚡ Strike - Ultra-low fees, high trading limits, and easy loans. Show Notes Liquid Network Exploit Drains 4,000 BTC From Federation Reserves Liquid Network Hit by $320 Million Exploit Liquid Rangeproof Bug: Nobody Broke the Math Liquid Network Incident Technical Report Elements Fixes Rangeproof Cache Validation Bug Liquid Incident Working Theory Block Applies to Establish Builders Bank Block Seeks Bank Charter to Custody Bitcoin Bitcoin’s Overlooked Promise: Freedom Dan Morehead Says Bitcoin Will Massively Outperform Gold Failed Bond-Market Move Lights a Fire Under Bitcoin Dan Morehead Calls Bessent’s Bond Buyback a Mistake The 60/40 Portfolio and a Changing Monetary System Bond-Market Stress Spooks Investors Global Investors Sound the Alarm on Debt What Would a Fiscal Crisis Look Like? Warsh and Bessent Clash Over the Fed and Bond Market

A structural shift is taking hold across markets, institutions, and Bitcoin. And this week, it suddenly felt a lot more permanent. Episode Links 🎉 Boost from the Web 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling ⚡ Strike - Ultra-low fees, high trading limits, and easy loans. Show Notes OCEAN and Luke Dashjr Joint Statement Crypto Misses the Macro Trade Bitcoin, Gold and Fed Liquidity The AI Mid-Cycle Slowdown Bitcoin to Hit $82,000 in September: Kalshi Capital B Raises €7.6M From Adam Back To Another Bitcoin Buy 9/11 Families File Claim Over US Bitcoin Holdings Trump's Crypto Push and Bessent's Treasury Moves Bessent Bets on Stablecoins for Treasury Demand PACTs: Protecting Bitcoin From a Quantum Sunset All Property Becomes Cryptography From Fiat Information to Cryptoinformation De-Dollarization Is Really De-Fiatization The Global Shift From Dollars to Gold The Case for Bitcoin at $1.3 Million Bitcoin's First Quantum-Safe Transaction What Bitcoin's First Quantum-Safe Transaction Means A Treasury Showdown With the Bond Market

As the AI trade cools and Washington leans harder on the bond market, Bitcoin and hard assets are reminding investors that credibility is the one thing you can’t print. Episode Links 🎉 Boost from the Web 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling ⚡ Strike - Ultra-low fees, high trading limits, and easy loans. Show Notes Bessent’s Treasury Buybacks Could Exceed $4 Billion Druckenmiller Slams Bessent’s Bond Buybacks Druckenmiller Calls Treasury Bond Buying a Mistake Citi Economist Says Bessent’s Bond Plan Won’t Work Citi: US Fiscal Position Is Absolutely Out of Control Dollar Debasement Talk Returns Bessent’s Buyback Revives the Debasement Thesis Bessent’s Bond Rescue Worked Better for Bitcoin Bessent Kicks Bitcoin’s Debasement Trade Into Another Gear Bitcoin Posts Best Week in Three Years Bitcoin and Gold: It’s Difficult to Be Bearish Should Investors Be Bullish on Bitcoin’s Latest Surge? Coinbase Institutional Weekly Market Commentary BlackRock IBIT SEC Filing Bitcoin Halving and Supply Lightning Labs Taproot Assets v0.8 Bitcoin, ETFs and the Crypto Short Squeeze Major Rotation Hits the Bull Market The Biggest Tech Trend We’ve Ever Seen Scott Bessent Plants the Seeds for a Crack-Up US Treasury Fiscal Data Treasury Disrupts Iran’s Strait of Hormuz Financial Network Treasury Broadens Sanctions Against Iran Bessent Expands Iran Sanctions Against Chinese Firms Treasury Launches Operation Economic Outcast Bessent Warns Countries to Cut Financial Ties With Iran Treasury’s New Approach to Iranian Sanctions Evasion The Double-Edged Sword of Dollar Sanctions Coin Stories with Natalie Brunell

Washington reaches for Hamiltonian economics, the bond market pushes back, and Bitcoin rips for exactly the reasons Bitcoiners warned about. Episode Links 🎉 Boost from the Web 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling ⚡ Strike - Ultra-low fees, high trading limits, and easy loans. Show Notes BIP-110 Post Mortem Luke Dashjr Proposes BLAKE2b Bitcoin Hard Fork Monetary Nodes: A Spam-Free Bitcoin Without a Fork Lyn Alden on Bitcoin Fee-Based Security Bitcoin ETF Inflows Hit $137 Million Treasury Doubles Long-Term Bond Buybacks Treasury Steps In as Long-Bond Yields Surge Critical Takes on Treasury's Bond Buyback Intervention Why Bessent Is Playing With the Treasury Market US Debt Forces Investors to Demand Higher Returns Global Bond Rout Puts Governments on Notice 30-Year Treasury Yield Hits Highest Since 2007 Foreign Holdings of US Treasuries Fall Dollar Drops After Treasury Expands Bond Buybacks Gold Surges as Treasury Buybacks Hit Yields and Dollar Fed Minutes Show Growing Inflation Concerns Oil and Debt Fears Drive Global Borrowing Costs Higher Oil Above $90 Revives US Inflation Fears Soft US Data Keeps Pressure on the Dollar Metaplanet Commits 2,100 BTC to US Treasury Venture BlackRock Reaffirms Bitcoin Investment Case Citi Plans Bitcoin Custody Alongside Stocks and Bonds Large Holders Pour $2.75 Billion Into Bitcoin Bitwise Sees Bitcoin Substantially Higher by Year-End JD Vance and the Dollar's Reserve Currency Role JD Vance Is Right Can the Dollar Maintain Its Exorbitant Privilege? Electrum 4.8.1 Released With Security Fixes BitBox Warns Users About Severe Vulnerability BitBox 08.2026 Dixence Update Hunting Down the Coldcard Hacker Zeus Security Incident Post-Mortem DOJ Developer Exemptions World Gold Council CEO Says Bitcoin Will Go to Zero CNBC on the CLARITY Act and White House Meeting Bitwise Says Crypto Can Grow Without the CLARITY Act

Why BIP 110 failed, what its three block fork revealed about Bitcoin consensus, and the push for a proof of work change, plus weakening jobs and NVIDIA’s new AI asset class that could become an even bigger liquidity vacuum for Bitcoin. Episode Links 🎉 Boost from the Web 🇺🇸 Buy Sats on River - The best way to stack in the US 🇨🇦 The Bitcoin Well - An amazing automatic self-custody Bitcoin platform 💳 The Bitcoin Company - Spending your Bitcoin Via Lightning 🏦 Fold Card - Pay bills Stack Sats 💵 SALT Lending - Get access to your BTC Value w/out Selling ⚡ Strike - Ultra-low fees, high trading limits, and easy loans. Show Notes Absolutely. I removed the duplicates, stripped tracking/query cruft where possible, tightened the titles, and grouped the Bitcoin/security stories first, followed by macro/jobs and then the miscellaneous research links. ZEUS Goes Offline After Cybersecurity Incident BTCPay Server 2.4.2 Security Advisory COLDCARD Entropy Failure: Technical Autopsy COLDCARD Attackers Begin Laundering Stolen Bitcoin Bitcoin Red Team Expands Ecosystem Security Audit Bitcoin Red Team Reports Thousands of Findings Blockstream Announces Swaps Floresta 2026 Node Roadmap Libbitcoin Is Coming Anthropic Signs $9.1 Billion Deal With Bitcoin Miner Riot BIP-110 Fork Stalls After Mining Two Blocks BIP-110 Attracts Just 0.15% of Bitcoin Hashpower OCEAN Says BIP-110 Is on Track to Fail What Is the BIP-110 Upgrade? Bitcoin Is Not Changed by Proof of Node Mechanic on Why Not Changing Proof of Work Was a Mistake Bitcoin Cash Precedent for BIP-110 A Critical BIP-110 Take Motion to Remove Luke Dashjr From BIP Editors Pull Request to Remove Luke Dashjr From BIP Editors BIP-110 Code Review Takeaways Bitcoin Cash Bitcoin Cash Block-Time Discussion Strategy Says Selling Bitcoin Demonstrated Treasury Resilience Strategy Q1 2026 Earnings Transcript Strategy’s Bitcoin Treasury Model Senate Crypto Bill Faces Another Setback U.S. Economy Lost 23,000 Jobs in July July Jobs Report Market Reaction Private Payrolls Added Just 44,000 Jobs in July July Payrolls Preview: Job Growth Expected to Stay Weak Stocks Jump After Surprise Jobs Decline Weak Jobs Report Pushes Rate-Hike Odds Lower Incarcerated Person Access to News Media Constraints and Opportunities in Interview Transcription Music: The Jetsons By: Joe Martin