- UseTheBitcoin.com Newsletter
- Posts
- Today's Top Crypto Headlines:
Today's Top Crypto Headlines:
Fed Hosts Crypto Conference | Venus Protocol Recovers $13.5M | NFL All Day Expands | Wintermute Urges SEC Clarity and more...
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Fed Hosts Crypto Conference: The Federal Reserve will host a payments innovation conference on Oct. 21, focusing on stablecoins and tokenization.
Venus Recovers $13.5M: Venus Protocol recovered $13.5M from a phishing attack tied to Lazarus Group through an emergency governance vote.
NFL All Day Expands: Dapper Labs’ NFL All Day platform is rolling out digital autographs, team partnerships, and in-stadium NFT giveaways to boost fan engagement.
💡Feature of the Day - Wintermute Urges SEC Clarity: Wintermute pressed the SEC to exclude network tokens like Bitcoin and Ether from securities laws, arguing they function as technical inputs, not securities.
All this and more in today’s headlines!
Discover the measurable impacts of AI agents for customer support
How Did Papaya Slash Support Costs Without Adding Headcount?
When Papaya saw support tickets surge, they faced a tough choice: hire more agents or risk slower service. Instead, they found a third option—one that scaled their support without scaling their team.
The secret? An AI-powered support agent from Maven AGI that started resolving customer inquiries on day one.
With Maven AGI, Papaya now handles 90% of inquiries automatically - cutting costs in half while improving response times and customer satisfaction. No more rigid decision trees. No more endless manual upkeep. Just fast, accurate answers at scale.
The best part? Their human team is free to focus on the complex, high-value issues that matter most.
👉 Curious how they did it? Read the full case study to learn how Papaya transformed their customer support
📰 News Highlights:
The U.S. Federal Reserve will host a payments innovation conference on October 21, focusing on stablecoins and tokenization.
announces it will host a conference on payments innovation on Tuesday, October 21:
— Federal Reserve (@federalreserve)
3:01 PM • Sep 3, 2025
The event follows the passage of the GENIUS Act, which requires stablecoin issuers to maintain full reserves and provide public asset disclosures.
GENIUS Act requires stablecoins to maintain 100% backing in liquid, safe assets — US dollars, short-term Treasuries, repos, or insured demand deposits. In principle, this mirrors a currency board: full reserve coverage and strict convertibility at par
— Linda Yueh (@lindayueh)
2:18 PM • Aug 29, 2025
By organizing the conference, the Fed signals a shift from skepticism to exploration, engaging industry experts to shape future regulations and modernize U.S. financial infrastructure.
🚨 President Donald J. Trump relieves Federal Reserve Governor Lisa Cook of her position
— Rapid Response 47 (@RapidResponse47)
12:03 AM • Aug 26, 2025
The conference takes place against a politically charged backdrop, as former President Donald Trump seeks to remove Fed Governor Lisa Cook, sparking concerns about central bank independence.
What is about to be forced into the open, now that Trump is attempting to fire someone who works for a privately-owned banking entity?
If they admit he can fire one, he can fire them all, they are all part of the same corrupt system.
Just as it's a façade that we have fair
— Brian Cates - Political Columnist & Pundit (@drawandstrike)
3:21 AM • Aug 26, 2025
Economists warn that weakening governance standards could undermine trust in the Fed, increase political risk, and push borrowing costs higher.
The Federal Reserve was designed to be insulated from short-term politics. Trump’s push to fire Lisa Cook — & gain control of the Fed — is an attack on that independence.
History is clear: when politicians hijack central banks, inflation spikes, costs rise, & working people
— Groundwork Collaborative (@Groundwork)
7:07 PM • Sep 3, 2025
🎁Freebie:
Download your free ebook now and take the first step toward mastering CRYPTO IN UNDER 60 MINS!
Venus Protocol, a decentralized lending platform, successfully recovered $13.5 million stolen from a user in a phishing attack attributed to North Korea’s Lazarus Group.
Hey gus, I am the victim of the recent phishing attack on Venus. What could have been a total disaster turned into a battle we actually won — thanks to an incredible group of teams. 🙏
Here’s my gratitude thread 🧵
— Kuan Sun (@KuanSun1990)
2:12 AM • Sep 4, 2025
The recovery was made possible through an emergency governance vote that authorized forced liquidation of the attacker’s wallet, showcasing the power of decentralized decision-making.
Today, a user suffered a devastating phishing attack, and @VenusProtocol has responded swiftly and responsibly by proposing an Emergency Vote — a commendable step to ensure Venus resumes safely while working to recover the user’s stolen funds.
Here is the vote details:
— PeckShield Inc. (@peckshield)
3:58 PM • Sep 2, 2025
The victim praised the swift collaboration between Venus and its security partners, calling it a rare success in the fight against sophisticated crypto crimes.
x.com/i/article/1963…
— Venus Protocol (@VenusProtocol)
2:44 PM • Sep 3, 2025
The attack used a malicious Zoom client to trick the victim into delegating account access, enabling hackers to drain stablecoins and wrapped tokens.
Kudos to @VenusProtocol! The lost funds have now been recovered by force-liquidating the exploiter's position.
Here is the related tx: bscscan.com/tx/0xee9928b8d…
— PeckShield Inc. (@peckshield)
12:10 AM • Sep 3, 2025
Unlike a typical smart contract exploit, this was a social engineering scheme. Security partners HExagate and Hypernative detected the breach quickly, allowing Venus to act within 12 hours.
NFL All Day, the officially licensed NFT platform built by Dapper Labs, is enhancing fan engagement with autographed collectibles and in-stadium giveaways.
This Thursday: history in the making 🏆
💫 First-ever Rookie Moments
🖊️ Ultra-rare Signed Rookie Grails (only 50 exist)Last week’s drop sold out fast with over 4,000 orders
🗓️ RSVP opens Thursday at 5 PM ET...don’t miss your chance.— NFL ALL DAY (@NFLALLDAY)
11:58 PM • Sep 2, 2025
The new collectibles feature verified digital autographs paired with player highlights, including stars like top draft pick Cam Ward and Heisman Trophy winner Travis Hunter.
🥳 Celebrate the 2025 Season Kickoff!
Collect 2025 rookies this week and you could score $2,025 in site balance 🤯🔥
Don’t miss your shot to start the year with a win 🏆
allday.football/Rookie-MP— NFL ALL DAY (@NFLALLDAY)
9:04 PM • Sep 3, 2025
The platform is also partnering with four NFL teams—the Patriots, Bengals, Jaguars, and Texans—to distribute free digital collectibles at games, aiming to expand its reach.
🥳 Celebrate the 2025 season kicking off with Rookie Debut packs!
💫 First-ever Rookie Moments
🖊️ Ultra-rare /50 Signed Rookie Grails💯 Previous Rookie Debut drops sold out fast with high demand. Don’t miss your shot TODAY at 5 PM ET.
— NFL ALL DAY (@NFLALLDAY)
2:30 PM • Sep 4, 2025
Beyond memorabilia, NFL All Day is launching new free-to-play games such as Playbook, One and Done, and Pick’Em, allowing fans to test their football knowledge and earn rewards like digital packs, credits, or exclusive experiences.
💡 Feature of the Day:
Trading firm Wintermute has urged the U.S. Securities and Exchange Commission (SEC) to exclude network tokens from securities laws, warning that misclassification could harm innovation and drive blockchain activity offshore.
Today, Wintermute submitted feedback to the SEC's Crypto Task Force on tokenized securities
We set out recommendations in three areas we see as critical for liquidity providers to support the adoption of tokenized securities ↓
— Wintermute (@wintermute_t)
5:01 PM • Sep 3, 2025
The firm argued that network tokens, such as Bitcoin and Ether, function as essential technical inputs for decentralized networks rather than as financial securities.
1. We recommend the SEC confirm that registered dealers can trade tokenized securities for their own account, self-custody tokenized securities with key management and wallet software, and settle onchain, including with stablecoins and other non-security assets, under
— Wintermute (@wintermute_t)
5:01 PM • Sep 3, 2025
Classifying them as securities could burden trading with regulatory compliance and reduce market liquidity.
3. We also ask for clarification on the jurisdiction of the SEC
We request that the SEC clarify that network tokens are not securities, which make up most of the market for crypto assets, as it has done for other types of crypto assets
In addition, we seek clarification to
— Wintermute (@wintermute_t)
5:01 PM • Sep 3, 2025
Wintermute emphasized that network tokens are more akin to commodities or collectibles, which can be bought for investment without being regulated as securities.
Clear guidance across these areas will keep U.S. markets competitive, encourage continued dialogue with regulators, and create optimal conditions for adoption and innovation to thrive
Read our full submission: wintermute.com/uncategorised/…
— Wintermute (@wintermute_t)
5:01 PM • Sep 3, 2025
The firm welcomed the SEC’s willingness to exclude stablecoins, memecoins, and staking from securities classification and called for similar clarity for network tokens.
Clearer rules, it argued, would foster innovation, maintain U.S. competitiveness, and encourage collaboration between regulators and the crypto industry.
😂 Crypto Meme of the Day:

Meme of the day provided by @Alec_Santos
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com