Cryptocurrency

3523 items in section

Fidelity: August Bitcoin rally offers no guarantee of bear market exit

Bitcoin’s sharp August surge, which saw prices climb over 25% in a single week, remains an ambiguous signal for long-term investors. Fidelity warns that despite the recent recovery in digital assets, the rally could represent a temporary fluctuation within a persistent bear market rather than a definitive trend reversal.

Sanders and Casar propose permanent ban on superintelligent AI

Senator Bernie Sanders and Representative Greg Casar have unveiled the Ban Artificial Superintelligence Act, a legislative proposal that would criminalize the development of AI systems matching or exceeding human cognitive performance. The bill introduces severe penalties, including 20-year prison terms and the potential dissolution of non-compliant companies.

BitMEX Co-Founder Ben Delo Becomes Reform UK’s Primary Backer

BitMEX co-founder Ben Delo provided £4 million to Reform UK during the second quarter of 2026, accounting for roughly 75% of the party’s total funding. These contributions arrive as the party outpaces both Labour and the Conservatives in private donations, fueling ongoing scrutiny regarding the origins of its financial support.

Paxos Brings Native USDG Stablecoin to Mantle Network

The Global Dollar Network has integrated USDG onto the Mantle layer-2 blockchain, enabling native minting of the stablecoin without third-party bridges. This expansion allows the Ethereum-based network to utilize Paxos-issued assets for institutional settlement and decentralized finance applications while joining a coalition of over 150 industry partners.

Coinbase Moves to Bring Stock Perpetual Futures to the US

Coinbase has formally signaled its intent to offer single-stock perpetual contracts in the United States, filing notice registrations with the Securities and Exchange Commission on Sept. 1 to expand its regulated derivatives footprint beyond the crypto-native products currently available to American investors.

Senator Lummis pushes Wyoming-style crypto framework for national law

Senator Cynthia Lummis is positioning the CLARITY Act as a national blueprint for digital asset regulation, arguing that Wyoming’s existing legal framework offers a proven model for the United States. With a pivotal Senate cloture vote scheduled for September 15, the bill seeks to establish clear federal guidelines for the industry.

Binance Refutes System Error Claims in $5M AKE Liquidation Dispute

A cryptocurrency trader is accusing Binance of a system failure after over 30 funding-rate arbitrage positions were liquidated on September 3, resulting in losses exceeding 5 million USDT. The exchange maintains its systems performed as designed, attributing the rapid liquidations to extreme market volatility in the AKEUSDT contract.

Revolut secures conditional US bank charter for 2027 launch

Fintech giant Revolut has cleared a critical hurdle in its pursuit of a U.S. national bank charter, receiving conditional approval from the Office of the Comptroller of the Currency. The company plans to anchor its operations in Stamford, Connecticut, with a $95 million capital injection and a 2027 launch target.

Bybit Integrates Mesh to Streamline Direct Crypto Payments

Bybit has partnered with the infrastructure firm Mesh to allow its 80 million users to spend or transfer assets directly from their exchange accounts. By embedding Bybit Pay into the Mesh network, the integration eliminates the need for manual withdrawals or separate wallet transfers when making purchases on merchant platforms.

Uniswap Founder Eyes Global Finance With Tokenized Asset Pools

Automated market makers could bridge the gap between decentralized finance and traditional capital markets, according to Uniswap founder Hayden Adams. His argument centers on correlated asset pools, which recently demonstrated their viability by processing $33 million in volume across 10 tokenized stock-SPY pairs over just 12 days.

Polymarket Expands Into Perpetual Futures With 20x Leverage

Polymarket has launched a perpetual futures service for international users, offering up to 20x leverage across 10 distinct markets including cryptocurrencies, gold, oil, and U.S. equity indices. This expansion marks a strategic shift for the platform, moving beyond its traditional event-based prediction contracts into high-frequency derivatives trading.

House calendar crunch threatens CLARITY Act timeline

House Republican leadership has canceled eight legislative days in late September, effectively forcing the chamber to depart Washington on September 17. This sudden shift in the voting calendar creates a narrow window for the CLARITY Act, leaving little room for the Senate to pass any amendments before the midterm elections.

Waller signals Fed pause hinges on August inflation data

Market expectations for a September interest rate hike have cooled to 38% on Polymarket following remarks from Federal Reserve Governor Christopher Waller. His conditional support for maintaining the current 3.50% to 3.75% range rests entirely on whether upcoming August inflation reports show continued progress toward the central bank’s 2% target.

The Privacy Paradox: Wall Street Embraces Coins That Exchanges Reject

Privacy-focused cryptocurrencies are finding a home in regulated investment portfolios even as centralized exchanges pull them from public listings. While Grayscale’s new Zcash ETF offers traditional investors exposure to the asset, the underlying coins face mounting pressure from global regulators and a shrinking footprint on major trading platforms.

Hyperliquid Expands HIP-3 with Permissioned Market Controls

Hyperliquid has launched a testnet upgrade for its HIP-3 protocol, allowing independent market operators to implement on-chain allowlists. By enabling deployers to restrict access to perpetual futures markets, the platform seeks to accommodate institutional requirements and specific regulatory frameworks without centralizing control within the core development team.

Argentina Equips Prosecutors to Seize Crypto Assets

Argentina’s Public Prosecutor’s Office has launched a specialized training program for staff to master the tracing and seizure of virtual assets. As cryptocurrency integration grows, judicial authorities are adapting to complex blockchain investigations involving multi-wallet transfers, cross-chain protocols, and major financial fraud probes.

XRP Spot ETFs Attract $170M as Market Eyes Regulatory Shifts

Spot XRP exchange-traded funds secured $170 million in inflows over an 11-day streak, signaling persistent institutional appetite despite a broader market cooling. While XRP prices retreated from late August highs of $1.70 to settle near $1.36, the influx of capital underscores a robust foundation of support for the digital asset.

Hyperliquid outcome market volume triples following permissionless rollout

Hyperliquid saw its daily trading volume surge nearly threefold within 72 hours after opening its HIP-4 outcome-market infrastructure to third-party developers on August 29. The jump from a $545,000 August average to $1.97 million on August 31 highlights a rapid, incentive-driven expansion of the protocol's event-contract capabilities.

Ukraine Dismantles Sophisticated Crypto Investment Scam

Ukrainian authorities have dismantled a criminal network operating fake crypto investment platforms that defrauded victims across more than 20 countries. At its peak, the operation generated up to $1 million in monthly turnover, utilizing elaborate social engineering and malicious software to drain digital wallets.

Coldcard Hacker Taps THORChain to Launder Stolen Bitcoin

A hacker behind the third wave of Coldcard wallet thefts has begun liquidating stolen Bitcoin, moving roughly 10% of the illicit hoard into Ether via the THORChain decentralized exchange. This activity marks the first on-chain movement of funds linked to any of the three major attack waves identified by Galaxy Research.

Echo Base Forms Creditor Committee as BitMart Rescue Offer Stalls

A group of BitMart claimholders has organized under the firm Echo Base to challenge the exchange’s handling of frozen assets. The committee emerged on September 2, citing a complete lack of response from BitMart management regarding a proposed $10 million capital injection intended to stabilize a court-supervised restructuring process.

Taiwan prepares to launch stablecoin regulatory framework in 2027

Taiwan’s Financial Supervisory Commission is finalizing nine secondary regulations to implement its Virtual Asset Service Act, with formal stablecoin guidelines expected by the first quarter of 2027. The move signals a shift toward oversight that integrates digital assets into the nation’s core financial and semiconductor supply chain infrastructure.

Wyoming Integrates Chainlink to Automate FRNT Stablecoin Transparency

The Wyoming Stable Token Commission has integrated Chainlink Proof of Reserve to publish near-real-time data on the state-issued Frontier Stable Token (FRNT). By moving reserve verification onchain, the commission aims to exceed federal disclosure standards, shifting from monthly reporting to a model of continuous, automated asset transparency.

Standard Chartered Launches Institutional Crypto Trading in Dubai

Standard Chartered has expanded its institutional Bitcoin and Ether spot trading services to the United Arab Emirates, marking the first time a Global Systemically Important Bank has provided such capabilities within the Dubai International Financial Centre. The move leverages existing foreign exchange interfaces to integrate digital assets into traditional workflows.

XRP Sparks Investor Curiosity at Bitwise Wealth Management Event

XRP generated more inquiries than any other cryptocurrency during a recent Bitwise presentation for roughly 400 wealth managers. While the engagement highlights a shift in professional curiosity, the data reflects event-specific sentiment rather than a broad institutional shift toward immediate portfolio allocations.

Term Labs Recovers Fixed-Rate Positions Following $8.5M Governance Hack

Term Labs has successfully migrated all fixed-rate loan positions previously held in vaults compromised during an $8.5 million governance exploit. The final position was secured on August 25, though the protocol’s Meta Vaults and the affected strategies remain offline while investigations into the breach continue.

Binance Alpha adds PONS and FLORK as fees soar to $5.95 million

Binance Alpha integrated Pons (PONS) and FLORK (FLORK) on September 2, 2026, enabling market and limit-order trading for both assets. The listing spurred significant price volatility and speculative interest, with PONS reaching a record high of $0.52 and FLORK posting triple-digit gains within the platform's early-stage trading environment.

Australia Sets September 30 Deadline for Crypto Licensing

Crypto businesses operating in Australia have until September 30 to secure financial licences or face potential civil and criminal penalties. The Australian Securities and Investments Commission issued this final warning to firms currently relying on temporary enforcement relief, signalling an end to the grace period for digital asset services.

Ledger Faces $500M Class Action Over Security and Data Failures

Hardware wallet manufacturer Ledger is facing a proposed class action lawsuit in New York seeking at least $500 million in damages. The filing alleges that systemic security lapses and poor data management exposed thousands of customers to sophisticated impersonation schemes and the theft of nearly $2 million in cryptocurrency.

USDT0 Launches on Stellar to Bridge Cross-Chain Liquidity

Stellar expanded its payment-focused ecosystem on September 2 by integrating USDT0, a cross-chain stablecoin product designed to provide access to Tether-backed liquidity. By leveraging LayerZero’s interoperability standards, the network aims to bypass fragmented token pools and enable seamless asset transfers between Stellar and over two dozen other blockchains.