The hackers behind a data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer data to other criminal groups if the bank refuses to pay, according to the Financial Times.

The group, which calls itself “iamnotavillain,” posted the demand Wednesday alongside a countdown clock, the FT reported. It asked Revolut to send 6,000 XMR, a cryptocurrency designed to obscure transaction details.

At least 680 Revolut customer accounts were affected by the breach, according to the report.

The hackers told the FT they chose their targets using blockchain analysis to find Revolut accounts with significant crypto holdings.

The group sent the FT a 60-second screen recording that appeared to show some of the data it obtained. The video included passports, driving licences, photos used for know-your-customer checks and transaction histories, according to the newspaper.

The breach came after attackers posed as government officials and sent requests for information that passed Revolut’s checks. Revolut handed over customer records before discovering the requests were fraudulent, according to notices previously sent to affected customers.

Bankrupt crypto lender Celsius Network’s estate has sued BitMEX over forced liquidations during the March 2020 Covid crash, seeking the return of 6,360 BTC now worth roughly $495 million.

The complaint was filed Sept. 12 in the U.S. Bankruptcy Court for the Southern District of New York by Blockchain Recovery Investment Consortium, the litigation administrator appointed in the Celsius bankruptcy. Defendants include HDR Global Trading, ABS Global Trading, Shine Effort, 100x Holdings and HDR Global Services — entities spanning Bermuda, the Cayman Islands, England, Hong Kong, the Seychelles and the U.S.

Celsius says it lost 1,325.84 BTC in a single liquidation on March 12, 2020, and is pursuing claims assigned to it by investment fund JST, which lost 5,034.33 BTC the following day. Both held positions that profited only if bitcoin held or rose. The complaint alleges BitMEX controlled both the system deciding when customers were liquidated and the insurance fund that grew from those liquidations.

“BitMEX intentionally designed its platform and liquidation procedures to cause liquidations of collateral and defraud its own customers,” the filing says.

The mayors I’ve met are can-do optimists, free of the cynicism and vitriol that has poisoned much of American politics. Many were political outsiders who felt called to serve. Haris Doukas was a mechanical engineering professor before being elected mayor of Athens, Greece. Patrick Payton, the now-former mayor of Midland, Texas, was a pastor. Each signed up for a relatively unglamorous job that’s part CEO, part building inspector, part mediator—and, on a bad week—part first responder and grief counselor.

In my experience, mayors tend to be deeply committed to their fellow human beings and their livelihoods. Henriette Reker was stabbed in the neck the day before being elected mayor of Cologne, Germany, while still in a coma. Her would-be assassin opposed Germany’s “influx of refugees,” and yet when Russia invaded Ukraine in 2022, a fully recovered Reker didn’t hesitate to welcome more than 100,000 Ukrainians fleeing the war.

Anchorage Digital Bank, the first federally chartered crypto bank in the United States, has expanded its custody offering to include Etherlink-issued assets on the Tezos ecosystem. The update adds custody support for Etherlink’s native tokenized uranium exposure through xU3O8, alongside additional Etherlink tokens such as wrapped Tezos (WXTZ), liquid staking token stXTZ, and major stablecoins.

In an announcement shared with Cointelegraph, Anchorage said its institutional clients can now hold these assets in segregated custody accounts at the federally chartered bank, enabling regulated custody for tokens that settle via an Etherlink network that runs on the Ethereum Virtual Machine (EVM) while relying on Tezos for settlement.

Key takeaways

• Anchorage Digital Bank added custody support for Etherlink assets, including xU3O8, a token backed by physical uranium exposure.
• The custody integration is designed for institutional clients using segregated accounts at the federally chartered bank.
• Supported assets include WXTZ, stXTZ, wrapped Ether (WETH), and stablecoins USDT, USDC, and USDSM.
• Anchorage claims tokenization can reduce transfer and settlement time from weeks to minutes compared with traditional uranium intermediaries.
• xU3O8 custody support is not new—Hex Trust previously integrated Etherlink for xU3O8 custody in August 2025.

Anchorage moves Etherlink custody into segregated bank accounts

The integration targets the institutional custody workflow Anchorage is built around: custody in segregated accounts at a federally chartered institution. According to Anchorage’s announcement, this means clients can hold assets issued on Etherlink—an EVM-compatible layer-2 network—within a regulated custody framework.

Etherlink’s positioning matters for investors because it allows assets to be issued and transacted on an Ethereum-compatible environment while settlement occurs on Tezos. For institutions, that combination can make it easier to support tokenized products that may otherwise require multiple operational layers across different networks.

Anchorage did not frame the move as a broader expansion beyond Etherlink tokens, but the specific selection of assets suggests a focus on both liquidity utilities and “core” market infrastructure tokens: wrapped assets (WXTZ and WETH), liquid staking (stXTZ), and stablecoins (USDT, USDC, and USDSM) alongside xU3O8.

What xU3O8 is, and why tokenized uranium is attracting custody attention

xU3O8 is designed to represent ownership exposure to physical uranium without requiring investors to directly handle or store the underlying commodity. Anchorage’s announcement describes a traditional uranium investment process as involving “specialist intermediaries,” longer settlement periods, and higher minimum investment sizes.

The custody bank argues that tokenization changes the mechanics: it enables transfers and settlement “in minutes rather than weeks,” pointing to faster movement of exposure compared with earlier commodity trading and delivery workflows.

CoinMarketCap data cited in the original announcement places xU3O8’s market capitalization just above $9 million at current price levels. That relatively small market size underscores that uranium exposure via tokens remains a niche product—one that may be more dependent on institutional access and operational support than on mass retail adoption.

The full list of newly supported Etherlink assets

Alongside xU3O8, Anchorage’s Etherlink custody expansion includes the following assets, as reported in the announcement shared with Cointelegraph:

• Wrapped XTZ (WXTZ)
• Liquid staking token stXTZ
• Wrapped Ether (WETH)
• Stablecoins: USDT, USDC, and USDSM

For institutional custody users, the mix is notable. Wrapped and liquid staking tokens can be used for portfolio rebalancing and yield-oriented strategies, while stablecoins are often needed for collateral, treasury management, and operational liquidity. Adding them to the same custody rail as xU3O8 suggests Anchorage is aligning the uranium exposure workflow with the practical day-to-day requirements of professional asset managers and funds.

Custody competition on Etherlink: Hex Trust added xU3O8 earlier

Anchorage’s decision to support xU3O8 is part of a broader trend: other institutional custodians have already moved in the same direction on Etherlink. Earlier, digital asset custodian Hex Trust integrated Etherlink in August 2025 to offer custody for xU3O8 and other Etherlink-issued assets, as noted in earlier coverage by Cointelegraph: Hex Trust integrated Etherlink to offer custody for tokenized uranium.

That earlier integration helps explain why investors watching tokenized real-world assets (RWAs) may see this as incremental but meaningful: multiple custodians are building operational capabilities around the same product rails and the same tokenized commodity exposure. Anchorage’s entry, however, is distinguished by its positioning as a federally chartered crypto bank, which may matter to institutions comparing custody providers’ regulatory status and account structures.

Still, questions remain for market participants. xU3O8’s comparatively small market capitalization suggests limited liquidity relative to mainstream token categories, and the long-term demand for commodity-linked tokens will likely depend on how easily institutions can expand from custody access into consistent trading and portfolio allocation.

As more custodians integrate Etherlink-based assets, traders and institutional allocators should watch whether liquidity for tokens like xU3O8 deepens and whether additional uranium- and commodity-linked products follow onto the same custody infrastructure—especially within regulated, segregated custody accounts.

The benefits of reading in older age

The US House Ways and Means Committee passed the Digital Asset Tax Certainty Act with bipartisan support on Wednesday, advancing legislation aimed at reshaping the federal tax treatment of digital assets.

The bill advanced in a 38-5 vote and covers stablecoins, mining and staking, digital asset lending, transaction fees and other crypto-related activity.

Among its provisions, the bill would establish special tax treatment for qualifying dollar-pegged stablecoins and certain crypto lending agreements, extend wash-sale rules to widely traded digital assets and establish new rules for mining and staking income.

Source: Ways and Means Committee

The legislation would also create a de minimis exemption for certain crypto transaction fees, allowing taxpayers to avoid recognizing gains or losses when digital assets are used to pay qualifying network or transaction fees of $10 or less.

The committee’s approval sends the bill to the full House of Representatives for consideration.

Related: Coinbase faces greater fallout from CLARITY Act setback: Saxo

CLARITY Act failure shifts focus to regulators

The committee vote comes a day after the Senate failed to advance the CLARITY Act, a broader market structure bill that would establish a federal regulatory framework for digital assets and clarify the respective roles of the Securities and Exchange Commission and Commodity Futures Trading Commission.

The cloture motion failed 49–50 on Tuesday, falling short of the 60 votes needed to advance the legislation to debate on the Senate floor.

Senator Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets and a lead sponsor of the legislation, blamed Democrats for the bill’s failure following the vote.

“For over a year, they presented demands and the second we met them, they made new demands and moved the goal posts,” Lummis said in a post on X, adding that Democrats had voted against proposed consumer protections and restrictions on politicians’ personal crypto investments.

With the bill’s failure to advance in the Senate, SEC Chair Paul Atkins signaled Wednesday that the agency would continue moving forward on crypto regulation under its existing authority.

“With or without legislation, we will act decisively within the SEC’s statutory authority to deliver certainty for American investors and for the entrepreneurs shaping our technological future,” Atkins said in a post on X, adding: “Stay tuned.”

Source: Paul Atkins

CFTC Chair Michael Selig echoed Atkins, saying the agency would move ahead using its existing statutory authority despite the Senate vote.

“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” Selig said in a Wednesday post on X, adding that Americans “deserve regulatory clarity, legal certainty, and consumer protections in crypto asset markets.”

Source: Mike Selig

Magazine: Revolut ID thefts highlight KYC’s dangers: Here’s how to fix it

The U.S. Federal Reserve tightened monetary policy for the first time in more than three years on Wednesday.

In a nearly-universally anticipated move, the central bank lifted its benchmark fed funds rate range by 25 basis points to 3.75%-4%.

The vote to hike rates was unanimous, and the “dots” signal an expectation for one more rate hike in 2026.

“Economic activity is expanding at a solid pace,” said the FOMC in its policy statement. “While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient … Inflation remains elevated. Today’s policy action will support a timelier return to the Committee’s 2 percent goal. The Committee will deliver price stability.”

Bitcoin is volatile in the moments following the decision, but currently little changed from prior to the news at $75,700. U.S stocks continue modestly higher and bond yields slightly lower.

Fed Chair Kevin Warsh’s post-meeting press conference begins at 2:30 pm ET.