Cryptocurrency

3519 items in section

Adam Aron challenges Robinhood over stock token backing claims

AMC Entertainment CEO Adam Aron has publicly challenged Robinhood’s claim that its stock tokens are backed one-for-one by underlying equity, questioning whether the company lends those reserve shares to short sellers. The inquiry follows an ongoing dispute between Aron and Robinhood executives over the nature of these tokenized derivatives.

Coinbase Wallet launches simplified Pulse Mode for perpetual futures

Coinbase has introduced Pulse Mode, a streamlined interface for mobile perpetual futures trading, inside its recently rebranded Coinbase Wallet application. CEO Brian Armstrong unveiled the feature on September 12, positioning the tool as a way for eligible users to manage leveraged long and short positions directly from their mobile devices.

Solana Co-founder Questions Motives Behind AI Pacing Proposals

Solana co-founder Anatoly Yakovenko has cast doubt on the push to slow artificial intelligence development, dismissing the high-profile support from industry leaders as a play for financial gain. His four-word critique, “Profitability at $1 trillion mcap,” suggests that current calls for safety measures may mask underlying competitive strategies.

Ripple Targets Corporate Treasury Market for RLUSD Stablecoin

Ripple is positioning its $2.4 billion RLUSD stablecoin as a core settlement tool for corporate treasurers, targeting a $13 trillion annual transaction base. While the figure represents the existing volume of Ripple Treasury’s 1,200 institutional clients, the company views this ecosystem as a primary pipeline for future on-chain financial operations.

BNB Chain Leads 2026 RWA Growth With $3.62B Increase

BNB Chain has outpaced its peers in real-world asset (RWA) value growth, adding $3.62 billion during 2026 according to data from CryptoRank. While the figure positions the network ahead of Solana and Stellar in year-to-date expansion, the ranking tracks absolute dollar gains rather than total network share or asset volume.

Reform UK’s £72 Million Donation Faces Legislative Scrutiny

A £72 million influx into Reform UK’s coffers from two cryptocurrency billionaires is facing a potential legal reckoning. As the government moves to cap overseas-elector donations at £100,000 annually, the party’s massive windfall may become subject to retrospective legislation currently winding through Parliament.

Chainflip Halts Operations After TRON Exploit Drains 736,442 USDT

Cross-chain protocol Chainflip has suspended its network following a security breach that allowed an attacker to siphon 736,442 USDT via manipulated transaction memos. The exploit targeted the platform's TRON integration, resulting in six unauthorized payouts before developers intervened to halt the system and contain the damage.

Nationalist leaders gather in Cardiff to challenge U.K. status quo

The first ministers of Scotland, Wales and Northern Ireland convene in Cardiff on September 14 to forge a collaborative front on economic, energy and European policy. While the summit brings together leaders advocating for self-determination, the participants face vastly different legal hurdles and political mandates for their respective independence goals.

Mexican Authorities Raid Illegal Crypto Farm in Puebla

Mexican security forces have seized roughly 300 graphics processing units from a remote, industrial-scale cryptocurrency mining operation in the mountainous municipality of Tlaola. Investigators are now probing whether the facility, which relied on satellite internet and specialized electrical infrastructure, was illegally siphoning power from a nearby hydroelectric dam to launder illicit funds.

Binance Expands TradFi Access With New ETF Wealth Management

Binance has debuted an ETF Wealth Management service, offering eligible users a gateway to 11 U.S.-listed funds focused on Treasury securities and investment-grade bonds. The move deepens the exchange’s integration with traditional financial markets, allowing investors to hold actual ETF shares rather than tokenized representations.

DIY Bitcoin Wallet Generator Turns Radioactive Decay Into Entropy

A new open-source hardware project, Entropy32 Plus, uses the unpredictable timing of radioactive decay to generate Bitcoin recovery phrases. By converting Geiger counter pulses into digital bits, the device aims to move beyond software-based randomness, though its developer warns that the experimental tool lacks formal security validation.

Goldman Sachs Pivots to Fed Rate Hike Forecast After CPI Data

Goldman Sachs has abandoned its stance that the Federal Reserve would hold rates steady, now projecting a 25-basis-point increase during the September 15–16 meeting. The shift follows August consumer price data that, while showing a dip in annual core inflation, failed to quell market expectations for a tighter monetary policy.

House Ways and Means Committee Eyes Digital Asset Tax Overhaul

House tax writers are reportedly preparing for a September 16 markup session to weigh two legislative proposals that would reshape federal taxation for crypto miners, stakers, and traders. While the committee has yet to publish an official agenda, the potential measures target income deferral and anti-abuse restrictions.

Nu Enters U.S. Market With Dual Banking and Stablecoin Strategy

Latin American digital banking giant Nu has initiated a two-pronged expansion into the U.S. market, launching a domestic banking platform via Lead Bank alongside a global account that converts customer deposits into USDC and EURC stablecoins, as the company seeks to scale its international footprint beyond its established regional base.

Robinhood CEO Defends Tokenized Stocks Against Issuer Veto

Robinhood CEO Vlad Tenev has challenged the notion that public companies hold veto power over third-party stock tokens, arguing that issuer consent should hinge on the legal rights created by a financial product rather than its reliance on blockchain technology.

Senate Democrats weigh final GOP offer on CLARITY Act

Senate Democrats are reviewing a 635-page Republican proposal for the CLARITY Act ahead of a pivotal procedural vote scheduled for September 15. To bypass a filibuster and open formal debate on the digital asset legislation, the GOP requires at least seven Democratic senators to cross the aisle.

Symbiosis Recovers 15 BTC After Bridge Exploit

Following a security breach on September 11 that saw billions in synthetic tokens minted, cross-chain protocol Symbiosis has successfully recovered approximately 15 BTC. The incident, which targeted the project’s Bitcoin Bridge, forced a temporary suspension of native routes while the team works to compensate affected liquidity providers.

Metaplanet expands Bitcoin reach with $1M Hong Kong subsidiary

Tokyo-listed Metaplanet is establishing a wholly owned subsidiary in Hong Kong to manage Bitcoin-linked investment strategies and monitor market positions during Asian trading hours. The move, backed by $1 million in initial capital, serves as the latest pillar in the company’s Project Nova financial services infrastructure.

Last-minute CLARITY Act revision targets XRP legal status

Senate Republicans introduced a 19-page addition to the CLARITY Act just hours before a key cloture vote, inserting a definition of "ancillary assets" that would classify XRP as a digital commodity in secondary markets, regardless of the supply concentration held by its originator, Ripple.

UK Financial Conduct Authority Eyes Tokenized Gold Regulatory Relief

The UK Financial Conduct Authority is evaluating whether to exempt tokenized gold products from existing fund regulations, a move aimed at streamlining how physical bullion is used as collateral within London’s wholesale financial markets as regulators scramble to modernize digital infrastructure for institutional trade.

Satsuma Clears Final Legal Hurdle for £30.7 Million Bitcoin Pay-out

The High Court of Justice has authorized the cancellation of 11.2 billion B shares, clearing the path for Satsuma Technology to distribute £30.7 million to shareholders. This judicial approval follows the company's full liquidation of its Bitcoin treasury, marking a definitive end to its brief tenure as a publicly listed crypto asset firm.

Japanese Finance Firms Roll Out AI Translation and QR Payment Upgrades

Thirty-six international payment services now integrate with PayPay’s merchant network, while Sumitomo Mitsui Banking Corporation has launched an internal AI-powered interpreter. These distinct deployments highlight a broader industry push to streamline services for overseas visitors through digital infrastructure and real-time linguistic tools.

South Korea opposition party demands strict privacy laws for CBDC

Jang Dong-hyeok, leader of the People Power Party, has publicly declared his opposition to the rollout of a central bank digital currency without comprehensive legal safeguards. He argues that current pilot programs must first address critical concerns regarding transaction surveillance, programmable spending limits, and the preservation of individual financial choices.

Hong Kong retiree loses HK$13 million in sophisticated crypto scam

A Hong Kong man in his 70s has been defrauded of more than HK$13 million after being lured by a fake cryptocurrency platform. The victim, contacted via WhatsApp by an individual posing as a Singaporean investment expert, was systematically drained of his savings through a fraudulent trading application.

XRP Ledger Hits Throughput Record of 3,254 Transactions in One Block

The XRP Ledger recorded a single-ledger high of 3,254 transactions on September 14, a surge driven primarily by a flurry of one-drop XRP payments. Validator operator Vet identified the activity, suggesting the burst was likely a stress test of the network’s adaptive throughput capacity rather than organic commercial volume.

Brazil’s Crypto Market Braces for Massive Regulatory Consolidation

Fewer than 10% of cryptocurrency firms operating in Brazil are expected to seek formal Central Bank authorization before the October 30 deadline. With capital requirements reaching up to R$37.2 million and rigorous compliance mandates, the industry faces a period of rapid contraction that favors established players over smaller ventures.

Sam Altman Rules Out 2026 OpenAI IPO

OpenAI CEO Sam Altman has officially dismissed the possibility of a public offering in 2026, citing the need to prioritize AI safety and alignment over market entry. The company remains privately held, with no established timeline for a future stock market debut despite ongoing industry speculation regarding its valuation.

South Korean Investors Push for Fourth Delay of Crypto Tax

South Korean investors have secured 50,000 signatures on a public petition demanding a two-year extension of the nation’s upcoming digital asset tax. The move forces the National Assembly to review the measure, though the government remains committed to implementing the 22% levy on crypto gains starting January 1, 2027.

Pixelmon Abandons Gaming Development After Failed Publisher Audit

Pixelmon has halted all game development and dissolved its gaming division after a three-week test by external publishers failed to yield results strong enough to secure a commercial future. Management concluded that two years of stagnation left the project in an untenable position, forcing a shift away from interactive titles.

Broadridge Brings Crypto and Tokenized Assets to U.S. Wealth Firms

Broadridge Financial Solutions has launched its digital asset platform for U.S. wealth managers, enabling firms to integrate cryptocurrencies and tokenized securities directly into existing brokerage and recordkeeping systems. The expansion, supported by Anchorage Digital and Galaxy, aims to streamline trading and compliance without requiring separate operational environments for digital assets.