The artificial intelligence (AI) giant Anthropic is still private, but crypto traders are assigning the Claude maker an implied valuation of about $2.12 trillion through synthetic perpetual contracts that do not represent company shares. The juggernaut OpenAI has witnessed its synthetic perp contracts push the firm’s inferred worth to $1.58 trillion. On Sept. 9, Defillama’s …
Continue reading “No Anthropic Stock Exists, but Crypto Traders Just Priced It at $2T”
Illinois’ 0.2% digital asset tax could cost crypto firms millions and expose them to felony charges for compliance errors, two trade groups warn. They want enforcement blocked before the Jan. 1, 2027 launch produces irreversible costs and customer losses. Crypto Groups Race to Stop Tax Before Illinois Users Pay Illinois crypto users could soon owe …
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Visa’s stablecoin settlement volume has climbed above a $20 billion annualized run rate, up more than 15-fold from a year ago. The growth is forcing card issuers, lenders and banks to rethink how they finance settlement in an always-on crypto market. Visa Stablecoin Cards Expand to 160+ Programs Worldwide Visa’s stablecoin business is starting to …
Continue reading “Visa Stablecoin Settlement Tops $20 Billion as Card Volume Surges”
According to reports, cryptocurrency use in Iran is not fringe but a working trade-settlement rail. Tehran is quietly moving funds across these digital rails using bitcoin (BTC) and tether (USDT) to undermine financial sanctions. Digital Assets Take on a Bigger Role in Iran’s Trade On Wednesday, the Financial Times (FT) reported that Iran’s central bank …
Continue reading “Cut off From Global Finance, Iran Turns to Bitcoin and Tether”
Circle is acquiring Tazapay in a $400 million all-stock deal that would bring more than $25 billion in annual payment volume into its orbit. With 60% of Tazapay’s transactions already involving stablecoins, the acquisition could materially expand USDC’s reach across Asia, Africa and other fast-growing markets. Circle Pushes USDC Into 100+ Markets With Tazapay Acquisition …
Continue reading “Circle Targets $25B Payments Flow for USDC With $400M Tazapay Deal”
U.S. crypto ETFs reopened after the Labor Day break with broad selling pressure, as bitcoin, ether, solana, and HYPE funds all posted net outflows. XRP ETFs were the only major category to finish Tuesday in positive territory, drawing $1.55 million. Crypto ETFs Open Short Week With Multiple Selloffs The first session after the Labor Day …
Continue reading “Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M”
On Wednesday, Consensys Software Inc. announced plans to split into two independent companies, with consumer wallet platform Metamask breaking away from Consensys, which will remain focused on protocols and institutional infrastructure. Metamask Breaks Away as Lubin Takes the Helm Consensys Executive Chairman Joe Lubin said the company spent more than a decade helping build the …
Continue reading “Metamask Breaks Free From Consensys as 2027 IPO Buzz Heats Up”
Despite a $6 billion long-term debt buyback by the U.S. Treasury, bitcoin experienced a volatile yet ultimately flat trading session, swinging between $78,095 and $79,650 before settling near $78,600. Volatile Trading and Middle East Conflict Bitcoin experienced another volatile trading period as it swung from just over $78,700 to $79,600, even as reports suggested that …
Continue reading “Bitcoin Price Steadies at $78K Despite $6B Treasury Action”
A Kansas resident has admitted to using counterfeit passport cards to impersonate account holders and take more than $30,000 from banks in northern Maine. Rachael Kennedy, 37, targeted institutions in Penobscot and Aroostook counties, reports Fox Bangor. In October of 2025 she posed as customers and withdrew $30,400 from home equity lines of credit. Police chased her …
Bitcoin (BTC) is holding firm above key levels despite strong US payrolls data that boosted Federal Reserve rate-hike odds. Wintermute says August payrolls printed 162,000 against a 53,000 consensus, lifting September hike odds near 60%. Bitcoin reached $82,400 before pulling back but still closed last week above $80,000, up 3.45%. The crypto market maker also …
The expansion gives institutional and automated traders real-time access to Kalshi’s political markets as election betting activity continues to grow. DoubleZero, a network for high-speed data distribution, has added real-time data from Kalshi’s election and politics markets as prediction market trading picks up ahead of the US midterm elections in November. The expansion adds Kalshi’s …
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The restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations. Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations. According to Wednesday’s announcement, the separation is expected to be completed by the end …
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The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business. Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion following an expansion of its Series C funding round led by Blockchain Capital. The company did not disclose the size …
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The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. U.S. Bank, the fifth-largest commercial bank in the United States, has completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain. The pilot moved funds between U.S. Bank entities in North America and Europe, …
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TLDR: MetaMask surpassed 100 million downloads across 190 countries as its consumer finance business expanded. Consensys will retain Linea, Besu and Teku while sharpening its focus on institutional Ethereum infrastructure. MetaMask users keep the same apps, assets, keys and access, with no migration or wallet changes required. Citi sees tokenized financial assets reaching $5.5 trillion …
Continue reading “MetaMask Outgrows ConsenSys: Why Ethereum’s Biggest Wallet Is Going Independent”
