BlockBeats reported on Sept. 1 that, according to monitoring data from TradingBeats, formerly known as Hyperinsight, the team behind the TRUMP token transferred 11.01 million TRUMP from the Bitgo custody platform about two hours earlier. The tokens were valued at roughly $26.65 million at the time cited in the alert. The update was presented as a monitored on-chain movement and did not include additional details on the destination address or the purpose of the transfer. The report identified TradingBeats as the source of the tracking data and framed the event as a recent custody outflow involving the TRUMP token team.

Intesa Sanpaolo, Italy’s largest bank, disclosed in its second-quarter Form 13F that it cut BlackRock iShares Bitcoin Trust holdings by roughly 94%, from 646,809 shares to 40,723 shares. The remaining IBIT stake was valued at $1.36 million on June 30. The bank also closed 99% of its IBIT call options and opened a new put position covering 500,000 shares. It kept a $67.6 million position in ARK 21Shares Bitcoin ETF and left its Grayscale XRP Trust shares unchanged. On ethereum, Intesa Sanpaolo tripled its BlackRock iShares Staked Ethereum Trust ETF position to 349,600 shares, worth $7.1 million, a fund that forwards roughly 3%-4% of annual staking rewards. The bank nearly doubled Bitgo Holdings to 323,000 shares, reduced Coinbase by 32%, Circle by 10%, and Robinhood by 43%, and built a new SpaceX position of 5.66 million shares valued at $966 million. The details come from the bank’s second-quarter 13F filing and were reported by News Bitcoin.

A long-running firmware flaw in Coldcard hardware wallets has been linked to one of the biggest Bitcoin thefts of the year, with roughly 1,366 BTC stolen as of Aug. 3, according to the Coldcard Sweep Watch dashboard. The bug, traced to a code migration in March 2021, caused affected devices to fall back from a hardware true random number generator to a weaker software pseudo-random scheme when creating wallet seeds. That made some seeds predictable enough to be brute-forced offline, allowing attackers to derive wallet addresses and drain funds without touching the device, sending phishing links, or installing malware. Galaxy Research said the campaign unfolded in three waves on July 30, July 31 and Aug. 1, with a suspected fourth wave still underway. The firm also said the first attack started about 30 hours before Coldcard’s public warning. Coinkite said users who added at least 50 private dice rolls during seed generation or used a strong passphrase faced much lower risk, and that Satscard, Opendime and Tapsigner were not affected. The incident has since spilled into broader market and custody discussions, with on-chain transfer activity rising, Bitcoin slipping from around $65,000 to near $63,000, and industry figures split over whether self-custody, multisig setups, ETFs or institutional custody now offer the safer path.

The TRUMP team recently transferred about $16.91 million worth of TRUMP tokens to three Fireblocks Custody addresses, according to monitoring cited by Techub News from @arkham. The addresses had previously received TRUMP tokens as well, and earlier flows from those wallets were sent on to Bitgo. On-chain records show that the historical transaction pattern tied to this batch of addresses may be related to token unlock distribution. No additional timing details or wallet-level breakdowns were disclosed in the source note. The update was published as a short market-moving item under Techub’s whale movement category.

Sui Foundation and Mysten Labs said on July 22 that they have launched the testnet for Hashi, a Bitcoin collateral protocol designed to let BTC support on-chain lending and credit markets without being wrapped into synthetic tokens or moved through a cross-chain bridge. Under the setup described by the teams, Bitcoin remains on the Bitcoin network, while deposits are secured through a 2-of-2 multisignature structure that requires signatures from both Hashi MPC validators and an independent Guardian Layer. Loan terms and collateral positions are recorded on-chain so lenders can review the backing behind each position. More than 25 institutional partners are already testing Hashi’s lending and credit applications, including Bitgo, Cumberland, FalconX, Ledger, Blockdaemon, Bullish, and Sui ecosystem lending platforms Navi and Scallop. Wave Digital Assets has also committed to advancing a three-year tokenization plan for a Bitcoin yield bond on Sui after Hashi reaches mainnet. No mainnet launch date has been announced.

Kenya's Credit Bank PLC partners with Anzens to pilot USDA stablecoin, targeting cross-border fees at 1.5% with minute-level settlement. If approved, it would be the first licensed commercial bank in an emerging market to directly mint and distribute a stablecoin.

Ondo Finance filed a no-action letter request with the SEC on April 13, seeking approval to record and administer securities entitlements in tokenized form on Ethereum Mainnet without altering existing legal and custody structures.

With more than 50 million U.S. adults holding crypto, estate planning is shifting toward custody, access rights, and documentation. The key issue is no longer whether digital assets count as property, but whether heirs can actually reach them.