Cryptocurrency

3469 items in section

Anthropic Founders Seek Majority Voting Control Ahead of IPO

Before its anticipated public offering, Anthropic is asking shareholders to approve a new class of shares granting CEO Dario Amodei and his six co-founders 50.1% of voting power on most corporate matters. The move ensures the founding team retains structural control even as they hold a minority of the company’s total equity.

Jumper sets September 29 for JUMP token sale on Legion

Jumper has scheduled its first independent capital raise for the JUMP token, opening a three-day window on the Legion platform starting September 29 at 13:00 UTC. The offering, which concludes on October 2, marks the company's shift toward a decentralized governance model despite strict geographic participation limits.

Circle Foundation Backs UN Stablecoin Payment Pilots

The Circle Foundation has awarded two grants to the United Nations Development Programme and the World Food Programme, aiming to determine whether regulated stablecoins can streamline humanitarian aid and development funding by reducing transaction costs and accelerating delivery in underserved regions.

Crypto investors face tax filing chaos with incomplete 1099-DA forms

One in five US crypto investors who filed for a tax extension received incomplete 1099-DA forms or found that exchange-reported data failed to match their actual trading activity. As the October 15 filing deadline looms, taxpayers are struggling to reconcile missing cost basis data with their own transaction records.

Sequans Communications Exits Bitcoin Strategy to Refocus on Semiconductors

Sequans Communications has liquidated its remaining 314 Bitcoin, effectively ending the company's foray into cryptocurrency treasury management. This final sale marks the conclusion of a year-long financial restructuring process intended to eliminate convertible debt and pivot resources back toward the firm’s core semiconductor business.

Polygon Scales AI Agent Payments to 11 Million Updates Per Second

Polygon has demonstrated a high-speed payment architecture capable of processing 11 million verified updates per second across 25 independent hubs. By shifting agent-driven micro-transactions off-chain and utilizing batched settlement, the system allows autonomous software to pay for tokens, API calls, and data services in real time without network congestion.

Ethena pivots to tokenized equities to diversify USDe backing

Ethena is expanding its delta-neutral basis trading strategy beyond crypto markets, integrating Binance’s tokenized U.S. equities and equity perpetual futures. This shift marks the protocol's most significant move yet to diversify the backing of its USDe stablecoin by tapping into the multi-trillion-dollar traditional equity sector.

Ripple CEO shifts strategy toward a multi-asset payment ecosystem

Ripple CEO Brad Garlinghouse has clarified that XRP is not the universal solution for every cross-border payment, signaling a strategic pivot toward a flexible infrastructure that incorporates stablecoins like USDC, USDT, and the company's own RLUSD alongside fiat currencies to meet diverse business requirements.

Bitwise NEAR ETF Wins Listing Approval as Token Nears $5

NYSE Arca has cleared the path for the Bitwise NEAR ETF to trade under the ticker NRR, a move that punctuates a dramatic 176% surge for the token this year. While the SEC registration process continues, the approval marks a significant milestone for institutional access to the NEAR ecosystem.

Samourai Wallet Co-founder Faces New Prison Transfer

Keonne Rodriguez, the imprisoned co-founder of Samourai Wallet, faces an impending transfer after the drug-treatment program at FCI McKean was unexpectedly deactivated. Rodriguez, who is serving a five-year sentence for operating an unlicensed money-transmitting business, relies on the program for a potential one-year reduction in his prison term.

Toshiba Joins Japan’s Six-Month Stablecoin Testing Program

Toshiba and 25 other organizations have launched a collaborative pilot program to test the practical applications of EJPY, a yen-denominated stablecoin. Running through February 2027, the initiative evaluates how digital assets might streamline domestic payments, cross-border settlements, and Web3 services using the Japan Open Chain infrastructure.

Bitcoin and Ethereum Eye Geopolitical Shifts in Strait of Hormuz

Renewed negotiations between the United States and Iran have sparked fresh market optimism, as a proposed seven-day plan to reopen the critical Strait of Hormuz offers a potential reprieve from the energy-driven inflation and rising Treasury yields that have recently pressured risk assets like Bitcoin and Ethereum.

Magic Eden Faces Security Scare as Thousands of NFTs Move for Zero ETH

Thousands of NFTs vanished from user wallets in a flurry of zero-value transactions, triggering an urgent security warning across the Magic Eden marketplace. While panic spread over a potential contract exploit, a pseudonymous developer stepped forward to claim the activity was actually a coordinated whitehat rescue operation.

Crypto markets face dual pressure from rising bond yields and policy gridlock

The U.S. 10-year Treasury yield surged to 5.2% on September 24, forcing a sharp reassessment of Bitcoin’s recent rally. As oil prices climb and Federal Reserve officials signal further potential interest rate hikes, the digital asset market finds itself caught between resilient ETF demand and a stalled legislative agenda in Washington.

Binance records largest Bitcoin outflow in three years

Investors pulled more than 13,800 BTC from Binance in a single day, marking the exchange's most significant net outflow since 2023. This movement coincides with Bitcoin sustaining a price above $84,000, following a robust 45% rally from its July lows that successfully breached key technical resistance levels.

Tether limits EQIBank exposure to 0.034% amid U.S. forfeiture case

Tether has confirmed it maintains accounts at EQIBank, though the stablecoin issuer insists its exposure to the offshore banking partner remains negligible. The disclosure follows a U.S. government seizure of roughly $84.2 million in assets linked to a payment provider used by the bank, casting uncertainty over the institution’s solvency.

KelpDAO Sues LayerZero Over $292 Million rsETH Bridge Exploit

KelpDAO has launched a lawsuit in British Columbia against LayerZero and co-founder Bryan Pellegrino, seeking to hold the cross-chain infrastructure provider accountable for a massive April exploit. The legal action follows months of public disagreement regarding which party’s security configuration allowed attackers to drain 116,500 rsETH from the protocol.

Researchers propose ZK-proof privacy for Bitcoin without soft forks

Researchers at Alloc Init have unveiled a design for private Bitcoin transfers that avoids the need for consensus-level changes. By leveraging zero-knowledge proofs as a metaprotocol, the system aims to obscure transaction details while relying on the Bitcoin blockchain solely as a neutral layer for data ordering and publication.

Block Integrates Bitcoin Lightning into x402 Payment Standard

Jack Dorsey’s Block has joined the Linux Foundation-governed x402 Foundation, officially integrating Bitcoin Lightning support into the open payment protocol. The move aims to facilitate autonomous commerce by enabling AI agents and web applications to execute low-cost, high-volume transactions directly through standard HTTP requests.

Ondo Finance Denies Sale Reports Amid Ongoing Succession Battle

Ondo Finance has formally rejected allegations that the firm was shopped to potential buyers following the sudden death of founder Nathan Allman in May. While anonymous reports suggested an active search for a buyer, company representatives insist no such outreach has been authorized or initiated during the current leadership dispute.

SEC Commissioner Peirce Proposes Zero-Knowledge Proofs for KYC

SEC Commissioner Hester Peirce has urged financial regulators to pivot away from massive data collection, advocating for the adoption of zero-knowledge proofs to streamline compliance. Speaking at SIFMA’s 2026 Digital Assets Conference, she argued that current identity verification requirements are turning financial infrastructure into a vulnerable surveillance panopticon.

Brazil mandates reporting for $10,000 self-custody crypto transfers

Starting October 1, 2026, the Central Bank of Brazil will require financial institutions to report all virtual asset transfers of at least $10,000 involving self-custody wallets. This mandate, established under Resolution 588, integrates these transactions into the country’s existing anti-money-laundering and counter-terrorist-financing reporting framework.

Bitget Investigates $351M Breach as Withdrawals Remain Suspended

Bitget is scrambling to recover from a massive security breach after unauthorized actors siphoned approximately $351.6 million from the exchange’s hot and warm wallets on September 24, 2026. While the platform has paused all customer withdrawals, CEO Gracy Chen confirmed that private keys remain secure following the backend system compromise.

Fed Unveils Regulatory Framework for Stablecoin Issuers

The Federal Reserve has introduced two proposed rules under the GENIUS Act, targeting the reserve requirements for payment stablecoin issuers and the formal approval process for state member banks seeking to launch stablecoin subsidiaries. The move marks a shift toward standardized oversight for digital asset operations within the traditional banking sector.

Payward Integrates xStocks Into Ledger Hardware Wallets

Payward is bringing its xStocks tokenized equity platform to Ledger hardware wallets, enabling users to manage tokenized shares alongside traditional crypto assets. The partnership aims to merge self-custody security with exchange-grade trading, though the service remains strictly off-limits to investors in the United States.

Strive Estimates $86 Million in New Capital for Bitcoin Purchases

Strive has generated an estimated $85.88 million through the sale of SATA preferred stock between September 21 and September 23. This capital influx, tracked via market data, suggests potential buying power for roughly 1,002 Bitcoin, though the company has yet to confirm specific acquisitions for this period.

Tim Ryan sees legislative path for CLARITY Act in lame-duck session

Former Democratic congressman Tim Ryan believes the stalled Digital Asset Market CLARITY Act could still secure passage this year. Despite the Senate’s failure to reach the 60-vote threshold on September 15, Ryan argues that bipartisan consensus remains achievable if lawmakers resolve specific disputes over ethics, consumer protections, and stablecoin rewards.

Bitcoin’s $85K rally tests the limits of ETF-driven demand

Bitcoin’s climb toward $85,000 has been fueled by over $1.7 billion in U.S. spot ETF inflows, yet the rally now faces a critical inflection point as leveraged futures positions pile onto the market. Analysts are closely watching whether genuine cash buying can sustain prices through the $90,000 threshold.

Paxos Labs Launches PAXGy to Enable Gold Leasing Returns

Paxos Labs has introduced PAXGy, a new token built on its existing PAX Gold offering that allows investors to earn returns on bullion reserves. By deploying these reserves to institutional borrowers, the company aims to provide smaller holders access to traditional gold leasing economics, previously reserved for large-scale banking and industry participants.