Hayes revealed his new role as Flop Labs CEO and teased a “massive airdrop” from the AI inference protocol in the fourth quarter of 2026. BitMEX co-founder Arthur Hayes said he would lead Flop Labs and updated his X profile to identify himself as the company’s CEO. Flop Labs is developing a proposed network through …
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US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million. US-listed spot Bitcoin exchange-traded funds drew $189.3 million in net inflows on Tuesday, lifting August net inflows to about $951 million. The latest gains followed $297.6 million in net inflows on Monday, …
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The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves. The Financial Accounting Standards Board (FASB) has proposed guidance outlining when companies may classify certain stablecoins as cash equivalents under generally accepted accounting principles in the United States. On Tuesday, the FASB said the …
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The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance. The US Securities and Exchange Commission (SEC) has proposed new rules that could affect the cryptocurrency industry after lawmakers in Congress failed to pass a market structure …
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The non-custodial cross-chain swap engine connects Canton’s institutional tokenized-asset markets with liquidity and trading activity across major public blockchains. Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain. According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks …
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Prediction markets are converging on strong odds the Federal Reserve will leave interest rates unchanged at its September meeting. Traders on Kalshi and Myriad see the central bank holding its target rate range at 3.50%-3.75% when policymakers meet on September 15th-16th. The US-based prediction platform Kalshi prices the no-change outcome at 67%, with a 31% …
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Fundstrat managing partner Tom Lee says Ethereum (ETH) is set to outperform Bitcoin (BTC) substantially in the years ahead, fueled by broader market drivers than in previous cycles. Lee says on X that the tailwinds for ETH are stronger than ever, pointing to Wall Street tokenizing assets on the blockchain and artificial intelligence (AI) integrating …
A mental health provider is agreeing to pay more than $3 million to resolve claims that tracking pixels on its website shared patient data with third parties without consent. According to the settlement portal, LifeStance Health Group says it is agreeing to settle the class action lawsuit that alleged tracking pixels allowed Google and Facebook …
Bitcoin returned to $65,000 for the first time in a week as fresh BTC price volatility accompanied US claims that the Strait of Hormuz was “open and operating.” Bitcoin (BTC) hit $65,000 after Tuesday’s Wall Street open as US stocks rebounded in spite of geopolitical pressure. Key points: Read more Go to Source
Retail investors can apply to buy the 1 billion yen bond without a securities account and receive perks through Toyota’s payment app. Toyota’s finance arm is launching a tokenized bond that retail investors can buy directly through the Japanese carmaker’s mobile payment app, Toyota Wallet. Toyota Finance said Tuesday that applications have opened for the …
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Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. MoonPay has integrated Cash App Pay as a payment option for cryptocurrency purchases, allowing eligible US customers to fund transactions using their Cash App balances. The crypto payments company said in an announcement …
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A Florida hospital is settling a class action lawsuit for $220,000 over allegations that its website tracking tools improperly shared patient data with third parties. The proposed agreement resolves claims that the Mount Sinai Medical Center of Florida potentially exposed protected health information when clients used its website and patient portal due to the tracking, …
Eligible EEA users can trade conventional US shares alongside more than 700 tokenized xStocks through Kraken’s European entity. Kraken has launched trading in more than 7,000 US-listed stocks for customers in the European Economic Area (EEA), expanding its traditional finance offering alongside cryptocurrencies and tokenized equities. The crypto exchange said Tuesday that eligible EEA customers …
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A US banking regulator is granting preliminary conditional approval to World Liberty Financial’s application for a new national trust bank. The Office of the Comptroller of the Currency says it reviewed the application from the President Trump-backed firm to establish the World Liberty Trust Company, National Association bank for stablecoin operations and digital asset custody. The …
Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday. Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals. Key points: Read more Go to Source
