US Government-Backed Mortgage System Now Accepts BItcoin, USDC as Loan Collateral

Binance co-founder Changpeng 'CZ' Zhao plans to open his $10 billion investment firm to external investors. YZi Labs chief Ella Zhang told the Financial Times that the firm would "eventually consider turning it into an external-facing fund, adding that the fund would open up to external investors once it's formed teams for AI and biotech.

A $15 million criminal enterprise targeting over 870 South Koreans was busted by Thai authorities, involving romance scams, crypto fraud, and fake lottery offers. The group utilized various tactics, including exploiting unlicensed OTC broker networks in Thailand for crypto conversions and employing chain-hopping techniques to obscure transaction trails.

Keyron Moore, 39, sentenced to 13 years in prison for abduction, torture, and sexual assault in connection with a $1 million Bitcoin demand. A youth co-accused, S.M., awaits sentencing in Oshawa on October 3, with a non-publication order protecting the victim's identity.

Bitcoin experienced significant losses over the weekend, leading to a major liquidation event. Options traders are now showing a bearish bias in anticipation of further downward movement.

CleanSpark has secured a $100 million credit line from Coinbase Prime, backed by its Bitcoin holdings, to support energy expansion, mining growth, and high-performance computing projects. The company's balance sheet strategy allows for non-dilutive funding options.

Bitcoin and the overall crypto market are experiencing a downturn in September, with BTC nearing another red monthly candle. Ethereum is also struggling, with both coins showing weakening momentum and potential for further downside. Dogecoin is the worst-performing top 10 coin, down 10%.

The United States and the United Kingdom have formed a joint task force to enhance ties in the crypto economy and ease restrictions on cross-border capital flows in the digital assets sector. The Transatlantic Taskforce for Markets of the Future will collaborate on digital asset regulation and release policy recommendations by March 2026.

Helius Medical Technologies saw a 16% drop in shares after acquiring 760,190 SOL for $168 million. The company raised $500 million for its Solana treasury through a private placement led by Pantera Capital and Summer Capital.

Strive Asset Management is acquiring Semler Scientific for $1.3 billion, increasing its Bitcoin holdings to 10,900 BTC. Semler's stock price rose 11% on Monday, despite a 35% dip since its initial Bitcoin purchase in February.

Bitcoin and Ethereum ETFs saw $1.9 billion in inflows last week, with iShares Bitcoin Trust and BlackRock's Bitcoin fund attracting the most assets. Despite initial caution, inflows resumed later in the week as markets digested implications for digital assets, bringing year-to-date assets under management to $40.4 billion.