The crypto market,
briefed in 60 seconds.

Liquid Network halts after $320M bitcoin exploit — Settlement layer used by exchanges suspends all transactions after security breach; hackers claim to be "good guys".

Bitcoin network used by exchanges hit by $320 million exploit. Hackers claim they're the 'good guys' — Liquid Network halted transactions after losing $320 million in bitcoin in a security exploit; hackers claim they are the good guys.

Live updates: Bitcoin holds $79,000 as hike odds climb, zcash runs 45% in a week — Bitcoin holds $79,000 as September Fed hike odds near 58%, while Zcash jumps 45% in seven days.

Prediction markets inch closer to the Supreme Court: State of Crypto — New Jersey petitioned for a writ of certiorari in Kalshi's case against it last week, sending the issue to the Supreme Court.

U.S. inflation, Coinbase’s Deribit switch: Crypto Week Ahead — Week starting September 7 features U.S. inflation data and Coinbase’s transition to Deribit trading systems.

Better and Coinbase’s bitcoin-backed mortgages can reuse borrowers’ collateral — Better Mortgage can reuse pledged bitcoin, and borrowers cannot recover crypto until the main conventional mortgage is fully repaid or refinanced.

Oil up, bitcoin down as U.S. strikes Iranian crude carriers — Bitcoin trades lower by nearly 1% as escalating U.S.-Iran hostilities push oil higher.