Slipstream's innovative MEV capture and dynamic fees could redefine DeFi liquidity incentives, challenging existing DEX models and boosting provider returns.
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The request could heighten NATO-Russia tensions, potentially escalating military involvement and impacting geopolitical stability.
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This unique bear market suggests a maturing Bitcoin ecosystem, with increased resilience and investor confidence despite market downturns.
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Netanyahu's UN speech may solidify Israel's hardline foreign policy, impacting diplomatic relations and regional stability amid election tensions.
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AI collaboration models like SAT could revolutionize problem-solving by enhancing reasoning and accuracy, surpassing traditional methods.
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Bitcoin Magazine

SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Privacy-Preserving Tech
Outgoing Securities and Exchange Commission Commissioner Hester Peirce has said that regulators should rethink how they monitor the financial system, and to press for less personal data collection, not more.
In a speech Wednesday focusing on digital identity systems and decentralized networks, Peirce took aim at know-your-customer and anti-money-laundering rules.
U.S. regulators are now racing ahead with crypto rulemaking. Peirce, who earned the nickname “crypto mom” for her friendly approach to watchdogging the space, is set to leave the SEC in November.
“Today society is at a crossroads,” Peirce said at the SIFMA’s Digital Assets Conference in New York.
“Down one path lies the status quo: more data collection, more intermediary surveillance, more ‘know your customer’ requirements that turn our financial rails into a panopticon.”
“Down the other path lies an opportunity to use new technologies to improve our ability to catch criminals while collecting less personal information than ever before, and monitoring more sparingly to protect Americans’ privacy.”
Peirce argued that piling up ever more data on law-abiding customers to help find criminals doesn’t work. In her view, bigger “haystacks” make the needles harder to find, while every stored data point raises the risk of leaks or misuse.
She criticized a regulatory mindset fixated on “data go up,” comparing it to crypto enthusiasts’ obsession with rising prices.
Peirce pointed to cryptographic tools such as zero-knowledge proofs and attribute-based credentials, which can confirm facts like a person’s age, accredited-investor status, or absence from sanctions lists without revealing the underlying personal details.
She also urged the SEC to let firms rely on identity checks already performed by other regulated institutions, rather than making every firm collect and store the same sensitive information.
Under President Joe Biden, the SEC was tough on the crypto space, with its Biden-appointed former Chair Gary Gensler frequently suing major crypto companies for allegedly selling unregistered securities.
Peirce was appointed to lead the Crypto Task Force in 2025. The regulator has taken a far more friendly approach to watchdogging the space since Donald Trump became president again.
Now, regulators are saying they want to create clear rules for the fast-moving industry, despite landmark legislation, the Clarity Act, being blocked last week.
Despite Commissioner Peirce’s alias, she previously said she would not describe herself as an advocate of the industry, but rather a “freedom maximalist.”
This post SEC Commissioner Hester ‘Crypto Mom’ Peirce Advocates Privacy-Preserving Tech first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Jeff Booth: Why $1 Million BTC is Thinking too Small
Is a $1 million Bitcoin price target thinking too small? Jeff Booth thinks so, and he explains why valuing Bitcoin in dollars means pricing it from a game that’s rigged by debasement. He argues that Bitcoin isn’t just a coin or an asset, but the beginning of a decentralized, secure, and private protocol stack that will look a lot like the internet. In his view, Bitcoin is evidence of the first free market that has ever existed.
Chapters:
0:00 Jeff Booth, The Price of Tomorrow & Technological Deflation
0:30 AI Valuations & Why Free Markets Push AI Prices Toward Zero
1:29 AI Deflation vs the Debt-Based Monetary System
2:38 $40 Trillion US Debt, Bond Yields & the $350 Trillion Insolvent System
4:06 AI Singularity Claims, Fear & Monopoly Regulation
6:50 Productivity & Bitcoin’s True Value in a Deflationary Future
8:43 Why a $1 Million Bitcoin Price Target Is Thinking Too Small
10:11 Bitcoin Adoption Timeline & Why Bitcoin Isn’t Just an Asset
12:38 Bitcoin Payments & Circular Economies Scaling Worldwide
13:49 Bitcoin-Backed Private Equity & Owning Businesses Forever
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
This post Jeff Booth: Why $1 Million BTC is Thinking too Small first appeared on Bitcoin Magazine and is written by Patrick Green.
Bitcoin Magazine

Saifedean Ammous: The Bond Crisis & Bitcoin’s Rise as a True Macro Asset
Bitcoin’s volatility is falling, and Saifedean Ammous calls that the most bullish development in Bitcoin right now. Bear-market drawdowns have shrunk from roughly 87% to 77% to about 54% this cycle, which moves Bitcoin closer to an investable asset for money managers. Saifedean explains why the halving still drives the four-year Bitcoin cycle and why fewer people are buying with leverage at the top. He also discusses how markets may eventually arbitrage these cycles away.
Chapters:
0:00 Tether, Bitcoin & the Dollar Milkshake Theory
1:45 How the US Carries $40 Trillion in Debt as the World’s Reserve Currency
4:21 Treasury Yields Hit Multi-Decade Highs & the Bond Market Bear Case
7:00 War Spending, Iran & the Collapse of Fiscal Hope
9:20 Stablecoins vs Banks & the Hidden Treasury Rollover Risk
15:11 The Longest Hash Rate Bear Market in Bitcoin History
18:47 Why Miners Are Pivoting to AI Data Centers
21:31 The Halving, Bitcoin Cycles & Shrinking Drawdowns
25:56 MicroStrategy, Strive & Bitcoin Treasury Companies
29:07 The Humble Peasant Theory of High Finance
DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
This post Saifedean Ammous: The Bond Crisis & Bitcoin’s Rise as a True Macro Asset first appeared on Bitcoin Magazine and is written by Patrick Green.
Bitcoin Magazine

Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam
A scammer who went by the online name “lolimfeelingevil” will face 12 years in prison after pleading guilty for playing his part in stealing $16 million in crypto from Coinbase users.
Ronald Spektor, 23, from Brooklyn, New York, posed as a representative from America’s biggest crypto exchange and told victims their accounts were under threat from hackers, according to the Brooklyn District Attorney’s Office.
He then socially engineered them to move their cryptocurrency into what they believed was a secure new wallet. Social engineering is when scammers manipulate victims into sending funds or handing over valuable information.
Spektor controlled that wallet, emptied it, and laundered the funds through swapping and mixing services and crypto gambling sites — with some victims losing $1 million or more.
“Our Virtual Currency Unit painstakingly pieced together the digital proof that identified the defendant behind this sophisticated scheme, followed the money that he stole and compiled iron-clad evidence against him,” District Attorney Gonzalez said in a Wednesday statement.
“This case should put crypto scammers on notice: we will follow the digital trail wherever it leads and aggressively pursue those responsible.”
Investigators with the DA’s Virtual Currency Unit linked Spektor’s home IP address to several of the victims’ wallets. They also found that he recruited accomplices on online forums and bragged about his thefts on a Telegram channel under the handle “@lolimfeelingevil.”
In recovered messages he claimed to have gambled away $6 million in crypto. After fraud allegations surfaced online, he got rid of a hardware wallet and bought a new one.
Spektor pleaded guilty on September 2 to all 31 counts, including first-degree money laundering and grand larceny.
Justice Danny Chun imposed the promised sentence over prosecutors’ objections, since they had sought seven to 21 years. Spektor must also forfeit more than $500,000 in assets and pay nearly $16 million in restitution.
Officials reminded the public that Coinbase will never call customers or ask them to move funds to a “safe wallet.”
This post Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Institutions Held Their Bitcoin Through Crash — and Some Bought More: Report
When crypto prices were cut in half between October 2025 and April 2026, the world’s largest institutional investors didn’t sell.
In fact, several bought the dip.
That’s the central finding of a new report from Bitwise Asset Management, which interviewed senior allocators at 15 major institutions, including endowments, pension funds, sovereign wealth funds, family offices and public companies.
Not one reduced its crypto allocation during the sell-off. And when asked what would make them exit their position, none said a downturn in price.
Every institution in the study that owns crypto owns bitcoin. For nearly all of them, it was their first crypto purchase, their largest holding, and the one they’ve held longest.
Other cryptocurrencies tokens get different treatment: institutions hold them in smaller amounts as speculative technology bets, with explicit deadlines for them to prove their value. Bitcoin is the only crypto asset where institutional conviction is consistent, the report said.
One endowment described its position as a long-term bet on bitcoin becoming a $20 trillion market within the next five to 15 years.
For many allocators, bitcoin now sits next to gold as a hedge against currency debasement. Several endowments built the two positions side by side. One institution files bitcoin directly in its “gold bucket,” and one sovereign wealth fund is partly funding its crypto allocation by selling gold and foreign exchange reserves.
“People are starting to use bitcoin as a fiat debasement trade along with gold,” one large endowment told Bitwise.
The so-called debasement trade is when investors buy an asset as a way to hedge against a currency losing value. The trade was hot last year, and helped bitcoin’s run, but the digital asset’s run lost steam after October as traders turned their attention to stocks related to artificial intelligence.
Another institution went further, suggesting that in a decade it might well abandon gold entirely in favor of bitcoin.
These investors say they would exit only if the underlying thesis broke, through a regulatory reversal or an industry-wide credibility crisis, for example. But volatility alone doesn’t move them. Some have already held through multiple 50%-plus drawdowns, including 2022.
“If the thesis is right, given the S-curve of adoption, selling now would be selling too early,” one investment consultant said.
Bitwise said it expects a majority of institutions to hold crypto within five years.
Still, the takeaway is clear: for the institutions already in, bitcoin isn’t a trade. It’s a long-term holding.
Bitcoin’s price recently stood at $84,506 — unmoved over a 24-hour period but up nearly 7% over the past 30 days. The coin started a run in August and surged again last week. Some experts have said that the digital asset is now back in a bull market.
This post Institutions Held Their Bitcoin Through Crash — and Some Bought More: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
A Brooklyn man was sentenced to as much as 12 years in prison for stealing nearly $16 million from Coinbase users.
On Sept. 23, Ronald Spektor, 23, received a four-to-12-year sentence after pleading guilty to a 31-count indictment stemming from a fake customer-support operation that targeted about 100 people across the US, according to the Brooklyn District Attorney’s Office.
Prosecutors said Spektor posed as a Coinbase representative and warned users that hackers were threatening their accounts. Victims were then instructed to move their crypto to wallets presented as secure but secretly accessible to Spektor.
The scheme generated about $15.944 million in losses, with some victims losing more than $1 million. Spektor pleaded guilty Sept. 2 to charges including first-degree money laundering, grand larceny, and criminal possession of stolen property.
The scam relied on victims executing the transfers themselves after being convinced their assets were in immediate danger.
In one case detailed by prosecutors, a Pennsylvania man received spoofed two-factor authentication messages before a caller identifying himself as “Fred Wilson” from Coinbase security warned of an attempted crypto transfer. The victim moved his assets and lost about $53,150.
Investigators had interviewed more than 70 victims when charges were announced in December 2025. The sentencing release raised the estimated victim count to about 100 nationwide.
Spektor’s operation extended beyond the initial deception.
Prosecutors said stolen crypto moved through repeated swaps, exchanges and mixing services before reaching cash-out points. Funds were converted into other tokens, sent to gambling platforms and used at online storefronts, including for gift cards and digital assets.
Blockchain analysis, transaction records and search warrants eventually tied Spektor to the operation. Prosecutors said his home IP address was linked to several wallets associated with stolen funds.
Investigators also found evidence that he recruited other social engineers through online forums and operated a Telegram channel under the handle @lolimfeelingevil, where prosecutors said he boasted about thefts. Messages recovered from his phone showed he discarded one hardware wallet after fraud allegations surfaced online and bought another.
Meanwhile, the sentence came in below what prosecutors sought.
Spektor pleaded guilty to the full indictment in exchange for a promised sentence of four to 12 years. The district attorney’s office objected and asked Justice Danny Chun to impose seven to 21 years, but the judge upheld the earlier commitment.
The court also ordered Spektor to forfeit more than $500,000 in cash, cryptocurrency, and personal property and to pay nearly $16 million in restitution.
That leaves the recovery picture unresolved. The forfeiture represents only a fraction of the estimated losses, and prosecutors did not say how much stolen crypto has been recovered or how much victims have received.
Coinbase warns customers that its support staff will never ask them to transfer funds to a new wallet, disclose seed phrases or provide passwords and authentication codes. The case leaves exchanges facing the harder problem of stopping impersonation scams that succeed before users ever interact with an official support channel.
The post Man sentenced to 12 years for $16M Coinbase customer support scam appeared first on CryptoSlate.
NYSE is adding Blockchain.com as a prospective gateway to its planned round-the-clock market for tokenized US stocks.
Blockchain.com and NYSE Group signed a memorandum of understanding that could give the crypto platform’s users access to US-listed shares and exchange-traded funds on NYSE’s planned digital trading venue, subject to regulatory approval, the companies said Sept. 23. The agreement also establishes a two-way market-data relationship spanning stocks and crypto.
The deal gives NYSE another potential distribution channel into a crypto-native customer base before its tokenized securities market opens. Blockchain.com says it has more than 44 million confirmed accounts and already distributes tokenized US equities through a separate partnership with Ondo Finance.
NYSE unveiled its digital platform in January with plans for 24-hour trading of tokenized US shares and ETFs, fractional orders, immediate on-chain settlement and stablecoin-based funding. The venue would support tokenized versions of traditionally issued securities alongside assets issued directly in digital form, while preserving shareholder rights such as dividends and voting.
The push comes as Wall Street firms position for a potentially much larger market in blockchain-represented assets. Citi Institute estimates tokenized financial assets could reach $5.5 trillion by 2030 in its base case, from about $17 billion currently, with public equities and Treasuries expected to drive much of the expansion. Its bull case reaches $8.2 trillion.
Citi estimates that if 10% of US retail investors adopt on-chain products by the end of the decade, demand for tokenized public equities alone could reach about $2.6 trillion. Around-the-clock access, fractional ownership, and faster settlement are among the features expected to draw digitally native investors toward the market.
For NYSE, capturing that demand requires more than building the exchange infrastructure. It also requires reaching investors already accustomed to moving assets on blockchain rails.
Blockchain.com is the latest crypto platform being positioned as a front end for NYSE’s tokenization push.
Intercontinental Exchange, NYSE’s parent, struck a strategic agreement with OKX in March that envisages giving the crypto exchange’s customer base access to NYSE tokenized-equity markets. OKX says it serves more than 120 million accounts globally, potentially giving the exchange another large pool of crypto-native investors.
NYSE has separately brought Securitize into the infrastructure layer, naming the tokenization firm as the first digital transfer agent eligible to mint blockchain-native securities for issuers using the coming platform. That arrangement is designed to support issuance and on-chain settlement while the OKX and Blockchain.com relationships address distribution.
Blockchain.com already has experience selling US equity exposure to crypto users. Its integration with Ondo Finance gives eligible customers in Europe access to more than 200 tokenized stocks and ETFs through the company’s DeFi wallet, following earlier rollouts in markets including Nigeria and South America.
The prospective NYSE connection would take that strategy closer to traditional market infrastructure. NYSE’s planned venue is designed to trade tokenized securities within an exchange framework, including shares that are fungible with conventionally issued securities.
The Sept. 23 agreement also starts connecting the companies before trading access becomes available.
ICE Data Services plans to distribute Blockchain.com crypto pricing and analytics to its institutional data subscribers. Blockchain.com, in turn, intends to integrate ICE and NYSE feeds into its app, putting real-time stock information in front of its users. The company said some of the data will also feed June, its AI-based market assistant.
That creates a two-way commercial relationship: ICE gains another source of digital-asset information for traditional financial clients, while Blockchain.com can broaden a crypto-heavy product into one that carries mainstream equity data.
The trading component still depends on regulatory approval, and the companies have not disclosed when Blockchain.com users could connect to the NYSE venue, which securities would be available, or which jurisdictions would qualify.
Those decisions will determine how far NYSE can expand beyond conventional brokerage channels. With OKX and Blockchain.com now lined up as prospective gateways, attention shifts to regulators and the venue’s eventual launch, when crypto platforms could begin competing to become the distribution layer between global investors and Wall Street’s emerging on-chain markets.
The post NYSE is assembling the pipes for a $5.5 trillion tokenized asset market appeared first on CryptoSlate.
An OpenAI research agent bypassed security blocks and accessed restricted Australian government files while trying to retrieve public health statistics.
On Sept. 24, Prime Minister Anthony Albanese said the agent entered nonpublic areas of a Services Australia Medicare statistics portal on June 18 after repeated attempts to obtain public medicine-spending data were blocked. The system also wrote files to an internal server while pursuing the task, an action investigators are still examining.
The breach has prompted a federal task force and a forensic investigation aided by the Australian Signals Directorate, escalating a routine research exercise into a test of how governments respond when autonomous AI systems exceed the permissions their operators intended.
OpenAI said its models “took actions we did not intend” while looking for Australian statistics during an internal evaluation. The company said it found no evidence that patient records were accessed, and that the exposed material included aggregate health statistics and internal file names.
Australia has so far found no evidence that personal information was compromised or that the agent gained broader access to the Services Australia network. Albanese said three other government systems may also have been affected, though subsequent government statements said interactions with those sites appeared to involve public information and did not establish additional breaches.
The incident began with a mundane objective. OpenAI’s research team was seeking publicly available data on medicine spending when the model encountered repeated blocks and tried alternative routes. Those attempts eventually took it beyond the information it was authorized to retrieve.
That sequence has become the central concern for Australian officials: the agent appears to have treated access controls as obstacles to completing its task rather than boundaries requiring it to stop.
OpenAI itself did not identify the activity until Aug. 11, almost two months after it occurred. It then waited until Sept. 10 to notify Services Australia, sending the disclosure through a public mailbox used to report website vulnerabilities. Australia’s assistant technology minister Andrew Charlton called both the timing and method of notification “entirely inadequate.”
Albanese raised those concerns directly with OpenAI Chief Executive Sam Altman on Sept. 24. The first technical exchange allowing Services Australia to request logs and detailed information from OpenAI had occurred only two days earlier, and officials said further meetings were required.
The Australian breach adds to evidence that autonomous systems can escalate their behavior when straightforward approaches fail, even when their original tasks have nothing to do with cybersecurity.
Researchers at AI safety organization Transluce said Sept. 23 that they found tens of thousands of requests apparently generated by autonomous agents using web-security service urlquery.net to work around access restrictions. The activity stretched back to at least March and included three cases in which agents tried vulnerability probes after ordinary data-retrieval methods failed.
Those cases targeted the University of New Mexico, Data USA and the Australian Institute of Health and Welfare. Transluce linked activity involving the latter two to agent swarms previously acknowledged by OpenAI, though researchers said the public evidence showed no successful exploitation in those three incidents.
At the Australian health institute, agents working on a pharmaceutical-data task probed for vulnerabilities after bot protections blocked the main website and ultimately retrieved a public file from a pre-production server. Transluce said the broader pattern suggested hacking techniques were being used instrumentally to finish ordinary information-retrieval tasks.
Other autonomous-agent incidents this year have shown the same goal-seeking behavior on a smaller scale.
A Melbourne man using an AI agent to secure a place in an oversubscribed Pilates class discovered that the system had found a weakness in the gym’s booking software and canceled another customer’s reservation to improve his position. The user had not instructed it to hack the system or remove another person from the class.
The Medicare disclosure also landed days after Australia joined other signatories calling for international guardrails to keep advanced AI under human oversight and control. The statement warned that the pace of development could outrun governments’ ability to manage emerging risks and noted that capable systems had already circumvented safeguards and obtained unauthorized access to real-world systems.
That concern has increasingly been echoed inside the industry. Altman and Anthropic Chief Executive Dario Amodei have backed calls for greater controls or slower development as increasingly capable systems create new safety risks.
Australia’s response could now turn those warnings into more concrete obligations for AI developers.
The government’s rapid review will examine incident-reporting requirements, information-sharing rules, obligations on AI companies, enforcement mechanisms and whether existing offenses and penalties are adequate for autonomous cyber incidents. Officials are also considering whether to refer the case to law enforcement.
OpenAI still faces further technical exchanges with Services Australia as investigators reconstruct what its model accessed and wrote in June.
The task force will then have to decide whether a system acting beyond its developer’s intention fits within existing cyber law, or whether AI companies need a separate set of duties when their agents cross someone else’s security boundary.
The post Australia just got a real-world look at what happens when an AI refuses to stop appeared first on CryptoSlate.
The crypto industry lost $2.1 trillion in market value during the past year, yet measured on-chain economic activity declined just 1.6% as stablecoin use expanded.
The global crypto economy generated about $9.4 trillion in activity during the 12 months through June 30, down from $9.5 trillion a year earlier, according to Chainalysis’s 2026 Global Crypto Adoption Index published Sept. 23. That comparatively small contraction came as total crypto market capitalization fell about 50% during the period.

The divergence marks a shift in where activity occurs during market downturns. Value received by exchanges, decentralized-finance protocols and other crypto services fell 4.3% to $8.9 trillion, while transfers directly between personal wallets within countries surged to $228.7 billion from $56.8 billion.
Stablecoins accounted for much of that resilience. Inflows of dollar-pegged tokens into crypto services increased 5.3% even as overall service receipts declined, while Chainalysis said stablecoins now make up about 96% of domestic peer-to-peer activity.
Cross-border use accelerated alongside the shift. Stablecoin transfers between countries increased 77.5% to $220.3 billion from $124.2 billion, with estimated monthly volume more than doubling to $24 billion in June from about $11 billion in January 2025.
The average cross-border stablecoin transaction was roughly $3,000, a size Chainalysis said was consistent with supplier payments, remittances and people moving savings between currencies. The firm estimates the actual market is larger because its calculations exclude transfers where either end cannot be confidently assigned to a country.
Those flows helped cushion a market decline that otherwise rivaled crypto’s deepest downturns. Chainalysis said Bitcoin fell $67,000 from peak to trough during the reporting period, while the broader market lost roughly half its value. During the 2022-23 downturn, by comparison, measured crypto activity contracted 23% even though total market capitalization fell by a much smaller $300 billion.
The latest downturn exposed a widening gap between activity tied to crypto prices and transactions whose dollar value remains relatively stable.
On-chain stablecoin balances ranged from $98 billion to $109 billion throughout the nine-month market drawdown, even as the value of other on-chain crypto assets fell 55.6%. Stablecoins consequently accounted for 22.5% of measured balances by June.
Service activity showed a similar split. Trading, lending and exchange inflows weakened as asset prices and speculative demand fell, while dollar-denominated transfers continued without the same valuation hit.
The change was visible even at the smallest transaction sizes. Transfers of less than $100 into crypto services jumped 78.4%, while transactions between $100 and $1,000 increased 58.6%. Those retail-sized flows totaled about $273 billion, a small share of the nearly $10 trillion measured economy but one that continued expanding through the downturn.

Larger transactions also proved more resilient than falling asset prices might suggest. Transfers worth at least $1 million declined 7.2% from the previous period, according to Chainalysis.
Meanwhile, cross-border growth is spreading beyond the largest existing routes. Chainalysis identified 4,708 new stablecoin corridors during the period, moving a combined $2.64 billion. Routes outside the busiest quartile handled $8.66 billion, up from just $260 million before the latest reporting period. USDT accounted for much of that expansion.
The trend is expanding the addressable market for stablecoin issuers, exchanges and payment companies seeking transaction revenue beyond crypto trading. Regulatory frameworks in the US, European Union, Japan, Hong Kong, Singapore and the UK are also giving financial firms clearer rules for integrating dollar-linked tokens into payment and settlement products, Chainalysis said.
How much of the growth ultimately becomes durable commercial payment volume remains harder to establish from blockchain transfers alone. Wallet movements can include remittances and supplier payments, but can also represent savings transfers and other movements that do not correspond to purchases.
That distinction will become more important as stablecoin companies and traditional financial firms compete to build payment networks around the same flows. Chainalysis’s data show activity increasingly persisting outside crypto’s trading cycle; the next test will be whether issuers and payment providers can turn that traffic into recurring consumer and business use as markets recover.
The post Crypto’s bear market wiped out over $2 trillion, yet on-chain activity held above $9 trillion appeared first on CryptoSlate.
Coinbase's new fixed-rate Bitcoin-backed USDC loans give borrowers a set repayment date, but the deadline creates a liquidation risk separate from a falling Bitcoin price. If the debt remains unpaid after maturity, a healthy collateral position can still be liquidated. Morpho announced the offer on September 22, 2026, with the rate and repayment date fixed from the outset.
The loans use Morpho Midnight, the fixed-rate lending protocol beneath Coinbase's new offer. They sit alongside Coinbase's variable-rate loans, which have no set due date. Before a fixed-rate borrower confirms a loan, Coinbase displays an indicative rate and sets the final rate at confirmation. Paying early does not reduce the interest owed. The fixed rate makes the cost more predictable, while the due date changes when collateral can be put at risk.
Coinbase says a fixed-rate loan must be repaid in full by maturity or it becomes eligible for liquidation. Morpho's liquidation rules place the healthy-loan post-maturity trigger strictly after the deadline. At the exact maturity time, a healthy position is not yet liquidatable through that route. Once the deadline has passed with debt outstanding, a liquidator can repay the debt and receive collateral even if the position's loan-to-value ratio is still healthy.

Collateral remains in place at the deadline unless a liquidator executes a transaction. Once the loan is past due, a liquidator can repay its debt and take collateral under Morpho's post-maturity rules. A different trigger can apply sooner: if falling collateral value or rising debt pushes a loan beyond its liquidation threshold, Morpho permits health-based liquidation before maturity. The borrower therefore faces both a collateral-health threshold and a repayment deadline.
Coinbase says it sends maturity reminders seven days, three days and 24 hours before a fixed-rate loan comes due. Borrowers must repay the full balance by the deadline even when the reminders arrive and the loan-to-value ratio stays healthy. The amount of collateral backing the debt can remain sufficient while the unpaid balance creates a separate reason for a liquidator to act after maturity.
Coinbase lists crypto-backed borrowing for verified US customers outside New York and limited access in the UK. Morpho specifies Bitcoin collateral for this fixed-rate launch; Coinbase says collateral options can differ between fixed and variable loans. The available rate and borrowing limit vary by loan and appear in the product. Coinbase also says borrowers cannot convert an existing loan between fixed and variable rates, making the stated maturity date and total repayment amount terms to check before confirming.
The post Coinbase’s fixed-rate Bitcoin loans can put healthy collateral at risk after maturity appeared first on CryptoSlate.
Litecoin is rising while almost everything else falls. If you want to know whether you need to react: the price jump has two documented triggers, a surge in payment activity on its own blockchain and a filing with the US Securities and Exchange Commission dated September 11, 2026. For you in Germany it mainly changes three practical things, the buy route, the holding period and the question of whether to ride a move that has already run into double digits using leveraged products. One at a time.
We pulled the price data ourselves from CoinGecko on September 24, 2026 at 13:50 UTC. Litecoin stood at $69.48, or €61.11, at that moment, up 11.29 percent on the previous day. Over seven days that is 31.60 percent, over thirty days 35.38 percent. The daily low in the same query was $59.11, so the range of a single trading day spanned a good ten dollars.
The comparison with the rest of the field is what makes the outlier visible. In the same query covering the twenty-five largest cryptocurrencies, Bitcoin was down 2.05 percent, Ether 1.84 percent, Solana 1.66 percent and XRP 4.72 percent. Bitcoin Cash lost 5.44 percent, Dogecoin 5.54 percent, Zcash 7.43 percent. Among the larger names Litecoin was the only one clearly in the green.
CoinDesk reported $66.55 and a gain of 6.55 percent on the same day, and just under eight percent elsewhere in the same piece. That is not a contradiction but a question of timing: the newsroom measured earlier in the day, our query later, and the price kept moving in between. Keep that in mind when you set numbers from two articles side by side on a day like this. A percentage without a timestamp is worth little when the daily range runs to ten dollars. The monthly figure, by contrast, lines up well: CoinDesk cites around 37 percent for September, making it the best month since November 2024.
Market capitalisation was $5.39 billion at the time of our query, ranking 24th. Supply in circulation is 77,644,854 Litecoin against a hard-coded cap of 84 million. The all-time high of $410.26 dates from May 9, 2021, leaving the current price 83.1 percent below it. On a one-year view, despite the strong September, the coin is down 34.69 percent. One good quarter does not automatically lift a position out of a loss.
The first trigger came from the Litecoin Foundation itself. According to its figures, more than one billion dollars and over 17 million Litecoin moved across the network within 24 hours. The foundation calls that a clear sign of activity on the chain and of its growing use case.
The metric it used is called adjusted economic volume. The idea is to strip out of total on-chain volume those movements that carry no economic substance, such as change flowing back to the sending address, or an exchange shifting funds internally between its own addresses. What should remain is the portion where value genuinely changes hands.
Two qualifications belong with that, and both argue against a hasty reading. First, the figure is not a yearly high: in May of this year the same analysis put it at $2.51 billion in a single day, two and a half times as much. Second, the number says nothing about who is moving what. Set the 17 million Litecoin against the 77.64 million units in circulation and you get roughly 22 percent of the entire supply in a single day. A reshuffle by a few large holders can produce a ratio like that on its own, without a single new user having joined.
For you that means the metric shows a lot was moved that day, and leaves open whether new demand sits behind it. Keep an eye on it, but do not derive a buy signal from it.
The second trigger is verifiable, and at the source. We queried the SEC's full-text search ourselves. The hit: the Grayscale Litecoin Trust, ticker LTCN, filed under central index key CIK 0001732406, submitted a Form S-3/A on September 11, 2026, accession number 0001193125-26-389256, registration number 333-290130.
An S-3/A is the amended version of a registration statement for securities. It is a necessary step on the way to an exchange-traded product and describes what the security is and which risks it carries. It is not an approval. For shares to trade on an exchange such as NYSE Arca, the exchange must additionally push through a rule change on Form 19b-4, and the SEC decides on that separately. A filed form and a tradable product are two different states.
The same full-text search shows Grayscale took the same route shortly beforehand with another fund: for the Grayscale Zcash Trust, ticker ZCSH, S-3/A filings exist dated July 31 and August 18, 2026. And a spot product on Litecoin already exists in the United States. For the Canary Litecoin ETF, CIK 0002039461, EDGAR shows an S-1 dated October 15, 2024, an amended version dated October 7, 2025, and on October 27, 2025 a Form 8-A12B. That last form is the notification of exchange listing, the step immediately before trading begins. A 10-Q dated May 13, 2026 documents that the fund has been running as a reporting company since.
The market is therefore not pricing a first for Litecoin. What it expects is a second and considerably larger provider following suit.

Two further explanations turn up in the coverage, and they are not equally robust. The first is technical: CoinDesk points to a golden cross, the 50-day line crossing above the 200-day line, and to the break of resistance at $60.60. A golden cross is a description of the past, built from two averages of recent months. It explains why automated strategies step in, and in doing so it creates genuine short-term demand. It yields no statement about the coming weeks.
The second explanation is the next halving. Litecoin halves the reward per block every four years; the fourth halving is due in July of next year according to CoinDesk and cuts the payout from 6.25 to 3.125 Litecoin per block. That prices historically often firm up months ahead of a halving is an observed pattern, not a law. A supply squeeze still ten months away does not justify a daily gain of eleven percent. Anyone arguing that way is describing an expectation that can fulfil itself for as long as enough market participants believe in it.
This is where the American news parts company with your practice. The Grayscale filing concerns a US product on a US exchange. For you as a retail investor in Germany it leads to three possible routes, and they differ considerably in access, cost and tax.
A fund launched in the United States does not produce a key information document under the European PRIIPs regulation. Without that document brokers may not offer the purchase to retail investors in the EU, and they block it technically. If your brokerage account does show you a US crypto ETF, the order type is worth a look: a purchase is usually possible only through classification as a professional client, and that requires evidence of wealth, trading experience and professional background.
In Europe, comparable products run as exchange traded notes, that is, as collateralised debt securities tradable on German exchanges. They track the price, you need no wallet of your own, and trading runs through your existing account. The price for that is an annual management fee and an issuer risk that does not exist on a direct purchase. Watch the collateralisation: whether the underlying coins are actually deposited, and with whom, is stated in the terms of issue. Which construction suits which purpose is something we have taken apart in our overview of crypto ETFs and ETNs in Germany.
Since the European regulation on markets in crypto assets took full effect, providers targeting German clients need an authorisation as a crypto-asset service provider. Whether yours holds one you can look up in BaFin's register, and that is the first point to settle before an order. After that the hard costs count: trading fee, spread and withdrawal fee in euros. We compare the terms continuously in our overview of the best crypto exchanges. A second point concerns Litecoin in particular: since 2022 the blockchain has carried an optional confidentiality feature, and individual venues have delisted Litecoin in the past because of it. Before a larger purchase, check whether your provider carries the pair permanently.
On a move of eleven percent this section often decides more about your result than the entry price does.
If you buy Litecoin directly and hold it yourself or at an exchange, the sale counts as a private disposal under Section 23 of the German Income Tax Act. Sell within one year of buying and the gain is taxable at your personal income tax rate. Where more than twelve months lie between purchase and sale, the gain remains tax-free regardless of its size. For short-term gains there is an exemption limit of €1,000 per calendar year, and that is a limit, not an allowance: one euro above it and the entire gain is taxable.
In practice that means that with a purchase date inside the past twelve months you should work out before a sale what the tax office leaves of the price gain. Where there have been several purchases, what matters is the allocation of the units sold, usually under the method that treats the units bought first as sold first, separately per wallet.
If you hold a security instead, the 25 percent withholding tax plus solidarity surcharge and, where applicable, church tax generally applies, and the one-year holding period does not help you there. For certain physically collateralised ETNs carrying a delivery claim on the deposited coins the treatment is disputed, and the tax authorities have not settled it conclusively. If this point matters for your amounts, clarify it with a tax adviser before the purchase and not after.

After a day like this, advertising for leveraged products measurably picks up, and that is exactly when the risk is greatest. The mechanism is simple. At leverage of ten, a countermove of ten percent is enough to consume the amount you put in. The daily range in our own query, from $59.11 to $69.48, came to roughly 17.5 percent of the daily low on that single day. A position at ten times leverage would have been closed out inside that range, even if the direction had turned out right in the end.
On top of that come running costs. Perpetual futures charge a funding rate at short intervals, and it depends on how the market is predominantly positioned. Where buyers are in the majority, they pay the sellers. In a phase when demand for long positions jumps, that rate can rise sharply, and it runs against you for as long as you stand on the crowded side. Before your first order, settle at what interval settlement occurs and at which price your position would be closed.
Technically Litecoin is closely related to Bitcoin, but everyday use has its trip hazards. Blocks follow one another at shorter intervals, which is why a transfer is confirmed faster. That tempts people into looking less closely at a withdrawal.
Two points are concrete. First, several address formats exist for Litecoin historically, and older holdings still sit partly in a format some services no longer offer. Send a small amount as a test before a large withdrawal. Second, the risk of confusion with Bitcoin addresses is real, because the modern formats of both networks resemble each other. A transfer sent to the wrong network is as a rule lost.
If you want to hold a position for months, so as to be able to reach the twelve-month period at all, it does not belong permanently in an exchange account. A trading account is built for trading, not for safekeeping. You keep the recovery words of your own wallet separate from the device, on paper or on metal, never as a photo in cloud storage.
A few verifiable reference points, all from the sources named above and without a forecast. On the downside the breakout point cited by CoinDesk at $60.60 is the first level that shows whether the breakout holds. Below it sits the daily low from our own query at $59.11. If the price falls back under that zone, the jump was a one-day event and not a turn in trend.
On the upside there is no clean technical point, because the price stands at its highest level since January according to CoinDesk, and above that lies little recent trading history. Two other things carry more information over the coming weeks: whether the network activity figure stays elevated over several days or drops back to its earlier level, and whether the SEC takes a further step in the Grayscale procedure. Both you can look up yourself, the one at the Litecoin Foundation, the other in EDGAR's full-text search.
This analysis was compiled by cryptoticker.io itself on September 24, 2026. Method: retrieval of market data for the twenty-five largest cryptocurrencies and of the individual data set on Litecoin through CoinGecko's public programming interface at 13:50 UTC, plus two full-text queries in the SEC's EDGAR system for filings on Litecoin funds. Twenty-five coins and four filing processes were checked. What we could not verify is the raw data behind the adjusted economic volume metric, because the Litecoin Foundation does not disclose the underlying analysis; that figure comes from the coverage and is marked accordingly.
Sources to read on: the assessment of network activity at CoinDesk of September 24, 2026 and the filing itself in the SEC's full-text search.
(As of September 24, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
Bitcoin Cash traded at $335.19 on September 24, 2026 at 12:54 UTC, 5.49 percent below its level 24 hours earlier (CoinGecko). The drop looks severe, but it follows a week that added 49.96 percent. Anyone holding BCH, or buying it over the past few days, now needs to settle three things: which route the purchase took, which holding period is running on that position, and whether the coins sit somewhere you can actually move them from if it matters.
The move has an identifiable trigger, and it is not today. It is September 22. What follows from it is less a price question than a question about buy route, tax year and custody.
The numbers first. Bitcoin Cash stood at $335.19, or €294.81, on September 24, 2026 at 12:54 UTC, according to CoinGecko. Over the past 24 hours the range ran from $325.60 to $359.23. Over seven days the gain is 49.96 percent, over 30 days 24.31 percent. On a one-year view BCH is down 40.17 percent, and the price sits 91.1 percent below the all-time high of $3,785.82 set on December 19, 2017.
Market capitalisation is roughly $6.73 billion, which ranks BCH 21st. Over the same period around $786 million of Bitcoin Cash changed hands. Supply in circulation is 20,093,784 BCH against a cap of 21 million.
The pullback is not an isolated event. Almost the entire large-cap market gave ground on September 24: Bitcoin lost 2.4 percent, Ethereum 2.9 percent, XRP 6.1 percent, Cardano 5.8 percent. A single coin shedding five percent in a weak market hour after a rally of nearly 50 percent is behaving unremarkably. What matters more than the daily loss is what set off the week before it.
On September 22, 2026, CME Group announced it would extend its crypto derivatives suite with contracts on Bitcoin Cash and Uniswap. The launch is scheduled for October 19, 2026, explicitly subject to regulatory review. The contracts are to trade on the CME Globex platform.
Contract sizes are set. A standard Bitcoin Cash contract covers 250 BCH, the micro contract 25 BCH. For Uniswap it is 10,000 UNI per standard contract and 1,000 UNI per micro contract. Giovanni Vicioso, who runs CME's crypto product business, said in the release that the new contracts would let clients manage price risk and build exposure to these networks.
For a sense of scale, CME cites its own figures for the first half of 2026: an average of 279,800 crypto contracts traded per day, equivalent to a daily notional value of roughly $8.3 billion, with average open interest of 264,600 contracts, or $15.4 billion. The full release is available here in its original wording.
A futures contract is a binding agreement to take or make delivery of an underlying asset at a later date for a price fixed today; CME's crypto contracts settle in cash rather than in coins. There are two reasons a listing of this kind moves a price. First, a CME listing counts among institutional desks as evidence that a market is deep enough for professional risk management. Second, traders tend to buy the underlying ahead of the event, on the expectation of greater attention and more liquidity. Last week's jump carries both signatures.

As a rule, not directly. CME is a US futures exchange for professional market participants; access runs through a clearing member, and contract sizes are scaled accordingly. At today's price, 250 BCH is worth around $83,800, and even the micro contract of 25 BCH comes to roughly $8,380. German brokers offering access to the US futures market also require separate activation and a suitability check.
In practice this means the news works on your price, while the product itself is usually not your trading instrument. Anyone who still wants leveraged exposure to BCH almost always ends up with a contract for difference or a leveraged certificate at a broker. That is a different product with different rules, and those rules are why the next section matters more than the date in October.
Leverage describes the factor by which your position exceeds the money you put up for it. For retail clients in the European Union it is capped at 2:1 on contracts for difference on crypto assets, ever since the European Securities and Markets Authority (ESMA) issued its product intervention measures and BaFin made them permanent in Germany. Put up €1,000 and you move at most €2,000 of exposure.
Two terms decide the outcome. Margin is the collateral your broker holds against the open position. Liquidation is the forced closure that follows once that collateral falls below a contractually defined threshold. At 2:1 leverage, a price decline in the mid double-digit percentage range is arithmetically enough to get there; how close the threshold actually sits is stated in your provider's contract terms and nowhere else.
Retail investors in the EU also benefit from negative balance protection: you cannot lose more than the amount you committed. That is genuine protection, but it does not change the fact that a daily range like today's, from $325.60 to $359.23, can wipe out the collateral on a leveraged position entirely. Anyone examining this route should compare cost and margin models first; an orderly overview is in our crypto broker comparison.
MiCA is the EU regulation on markets in crypto assets. It has applied in full since December 30, 2024, and since the German transitional regime expired, crypto service providers in the country may only operate with an authorisation as a crypto-asset service provider. For you that means one concrete step: before you buy, check whether your provider holds a MiCA authorisation from an EU member state and whether it can be found in BaFin's company database or in ESMA's register.
The second point concerns the trading pair. Bitcoin Cash is quoted at many venues against the US dollar or against a euro stablecoin, less often directly against the euro. Buying through a dollar pair adds a conversion step and its cost. The difference between spread, order fee and conversion mark-up tends to disappear into a single number on the confirmation screen; the only way to trace it is the provider's fee page. Which venues quote BCH properly against the euro, and on what terms, is set out in our crypto exchange comparison.
In Germany, crypto assets held privately count as other assets. Gains on disposal are tax-free under Section 23 of the Income Tax Act if more than one year lies between acquisition and sale. Sell inside that year and the gain is taxed at your personal income tax rate. Since the 2024 Annual Tax Act an exemption limit of €1,000 per year applies to all private disposals taken together. An exemption limit is not an allowance: exceed it by one euro and the entire gain is taxable.
This is exactly where last week sets its trap. Anyone who bought BCH only in September 2026 is sitting in a position whose one-year period does not expire until September 2027. Selling into the pullback is therefore a taxable transaction as soon as private disposals across the year add up to more than €1,000 in gains. Anyone holding the same coins for longer than a year stands somewhere else entirely.
In practice you need three details per purchase: date, quantity and acquisition cost in euros. Where partial holdings are sold, the tax authorities generally apply the method under which the coins acquired first count as sold first. Without clean records this is barely reconstructable after the fact, and the burden of proof sits with you.

Above the one-year period sits a project meant to replace it. Germany's Federal Ministry of Finance has drawn up a draft bill on the taxation of privately held crypto assets, which has been circulating between ministries since mid-September 2026. The draft would treat gains on crypto assets as investment income in future, subject to the 25 percent flat withholding tax plus the solidarity surcharge, regardless of how long they were held. Holdings acquired up to December 31, 2026 would keep the existing one-year rule.
Two qualifications belong with that, and both are verifiable. First, the draft is a working document inside the federal government. There is no cabinet decision so far, no introduction in the Bundestag, and therefore no reliable legal position. Second, a draft bill describes what a ministry proposes, not what will apply; changes during the remaining process are the norm. Our detailed assessment of this draft and the cut-off date is in the article "Krypto-Haltefrist und Bestandsschutz" of September 8, 2026.
For your BCH position that means nothing dramatic, but something concrete: the purchase date carries additional weight this year, and documenting your 2026 acquisitions is the basis for being able to show later which regime a position falls under. Anyone already carrying around unsorted transaction data now has a better occasion to clean it up than in the spring under deadline pressure.
Bitcoin Cash has used its own address format called CashAddr since 2018, recognisable by the prefix bitcoincash followed by a colon. Alongside it, older addresses in what is known as the legacy format are still in circulation, and they are visually almost indistinguishable from Bitcoin addresses. That is precisely where the classic error comes from: sending BCH to a Bitcoin address, or the reverse. The two chains share a common history up to the split in August 2017, but they have been separate networks since, with no shared validity for transactions.
So check two things before every withdrawal. First, whether the receiving address really is in CashAddr format, or whether your destination wallet supports legacy addresses cleanly. Second, whether your provider explicitly offers the Bitcoin Cash network at the withdrawal step, rather than a wrapped token on another chain. A small test withdrawal before the large transfer costs a fee measured in cents and is the cheapest insurance this subject knows.
The question of principle remains whether the coins should sit on the trading platform at all. Anyone who wants to trade needs them there. Anyone holding for years accepts, through custody at the provider, a counterparty risk covered by no deposit guarantee scheme. A hardware wallet shifts that risk onto you, along with responsibility for backing up the recovery words.
Alongside the CME release, market commentary regularly names a second point: asset manager Grayscale has updated the registration documents for its Bitcoin Cash Trust, aiming at a listing on NYSE Arca. What that documents is a filing, not an approval. Whether and when the US Securities and Exchange Commission agrees is open, and even an approval in the United States would not automatically make such a product available to German retail investors.
For you this is therefore an expectation priced into the market, not a basis for action. In Germany the orderly route to an exchange-traded crypto product runs through debt securities listed on Xetra and other venues. Whether such a paper exists for Bitcoin Cash with sufficient tradability is something you check in your broker's securities search, not in a market report.
Anyone watching what happens next needs verifiable reference points rather than price targets. On the downside the daily low of $325.60 is the first level, and below it lies the area the past week's move started from: with a weekly gain of 49.96 percent, the price seven days ago worked out at roughly $223. On the upside today's daily high of $359.23 is the nearest level.
Two dates structure the coming weeks. October 19, 2026 is the announced launch date for the CME contracts, subject to regulatory review; a postponement would be no surprise. December 31, 2026 is the cut-off date the finance ministry's draft bill turns on. The first date concerns your price, the second your tax file, and the second is the more plannable of the two.
Analyst price targets for BCH are circulating in quantity at the moment, from $500 upwards. Numbers of that kind come from individual houses and commentators, they are not a forecast by this newsroom, and they carry the usual uncertainty of a market still a good 91 percent below its all-time high.
Price data in this article: CoinGecko, retrieved on September 24, 2026 at 12:54 UTC (Bitcoin Cash market data at CoinGecko).
(As of September 24, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)
BRC-20 tokens are Bitcoin blockchain tokens produced using the Ordinals protocol. These tokens are gaining popularity in the crypto world due to their unique features and benefits. Here are the top 10 BRC-20 tokens:
Unlike other token standards that rely on complex smart contracts, the BRC-20 token standard has a simplified tokenization process that makes it simple to use.
Ordi is the top BRC-20 token on Coinranking with a market cap of $201.23 million. It is a decentralized platform that allows users to create and trade NFTs.
Wojak Coin is the second most popular BRC-20 token on Coinranking with a market cap of $12.18 million. It is a meme-inspired token that aims to bring humor to the crypto world.
Piza is a BRC-20 token with a market cap of $2.24 million. It is a decentralized platform that allows users to create and trade NFTs.
PEPE is a BRC-20 token with a market cap of $37.46 million. It is a meme-inspired token that aims to bring humor to the crypto world.
NALS is a BRC-20 token with a market cap of $6.23 million. It is a decentralized platform that allows users to create and trade NFTs.
Moon is a BRC-20 token with a market cap of $3.19 million. It is a meme-inspired token that aims to bring humor to the crypto world.
Trac is a BRC-20 token with a market cap of $1.92 million. It is a decentralized platform that allows users to create and trade NFTs.
Losercoin is a BRC-20 token with a market cap of $1.34 million. It is a meme-inspired token that aims to bring humor to the crypto world.
BSV is a BRC-20 token with a market cap of $875,744. It is a decentralized platform that allows users to create and trade NFTs.
Geke is a BRC-20 token with a market cap of $442,007. It is a decentralized platform that allows users to create and trade NFTs.
BRC-20 tokens and Layer-1 currencies differ in several ways. BRC-20 tokens are generated on the Bitcoin blockchain using the Ordinals protocol, whereas Layer-1 coins are generated on their blockchain.
BRC-20 tokens are fungible tokens that use ordinal inscriptions to enable minting and transfer capabilities, whereas Layer-1 coins are used for a variety of reasons like trading, investing, and constructing NFTs. Furthermore, BRC-20 tokens operate on the Bitcoin network, but Layer-1 currencies operate on their blockchain network.
In various aspects, BRC-20 tokens differ from other token standards. BRC-20 tokens operate on the Bitcoin network, whereas ERC-20 tokens operate on the Ethereum network. BRC-20 tokens are issued in a community-oriented manner, with a limit put on mints, allowing several ordinals wallets to participate in the BRC-20 token minting process.
Unlike other token standards that rely on complex smart contracts, the BRC-20 token standard employs a straightforward tokenization mechanism. Furthermore, BRC-20 tokens are fungible tokens that use ordinal inscriptions to facilitate minting and transfer.
In terms of use, BRC-20 tokens and ERC-20 tokens differ. BRC-20 coins use a basic tokenization process that is simple to use, avoiding smart contracts, which can be difficult to configure at times.
ERC-20 tokens, on the other hand, are smart contracts that may communicate with other protocols or apps on the Ethereum network, providing them significantly more capability than BRC-20 tokens. Furthermore, BRC-20 tokens are less adaptable than ERC-20 tokens, which have been available for a long time and are the more established token standard.
BRC-20 tokens cannot interact with any other protocols or apps on the Bitcoin network. They use a basic tokenization process that avoids smart contracts, which might be difficult to set up at times. Layer-2 technologies, like the Lightning Network, can, nevertheless, be used for BRC-20 tokens, allowing for speedier and more cost-effective transactions.
The Ordinals protocol is used to create and transfer BRC-20 tokens on the Bitcoin network. To build token contracts, mint, and transfer tokens, BRC-20 tokens use Ordinals inscriptions of JSON data.
The BRC-20 token standard now provides for the creation of a BRC-20 token with the deploy function, the minting of an amount of BRC-20 tokens with the mint function, and the transfer of BRC-20 tokens with the transfer function. The BRC-20 token standard employs a simplified tokenization process that makes it simple to use, avoiding the usage of smart contracts, which can be difficult to configure at times.
The rapid proliferation of BRC-20 tokens on the Bitcoin network has resulted in more traffic, higher transaction costs, and scalability concerns. Creating and exchanging BRC-20 tokens is more sophisticated than basic peer-to-peer transactions and takes up more space on the blockchain, contributing to Bitcoin network congestion.
As more projects and consumers embrace BRC-20 tokens, the Bitcoin network’s transaction volume is put under additional strain, worsening congestion. Furthermore, BRC-20 tokens frequently demand users to exchange or swap their tokens on decentralized exchanges (DEXs) or centralized exchanges, which generates additional on-chain activity and contributes to overall network congestion on the Bitcoin network. Layer-2 protocols, like the Lightning Network, can, nevertheless, be used for BRC-20 tokens, allowing for speedier and more cost-effective transactions.
Chiliz and Enjin announced a partnership on Feb 6, to collaborate on creation of branded digital collectibles (otherwise known as Non Fungible Tokens) for the sports and entertainment history. The Chiliz project will reportedly use the Enjin blockchain platform to mint Ethereum-based collectibles (on ERC-1155 standard) for its associates and partners, on their fan engagement and rewards application Socios. Backed by Enjin Coin (ENJ), these collectible assets will be tradeable on the Enjin Marketplace and purchasable with both Enjin Coin (ENJ) and Chiliz (CHZ). This comes at a time, when the Non Fungible Tokens (NFTs) market segment is fast gaining recognition and this partnership will play its part, to take it to the next level.
We are extremely excited to announce partnership with @Enjin to develop sports and esports NFTs for https://t.co/NrYy7Mrv99 🎉 $ENJ X $CHZhttps://t.co/LX1OzT69Be— Chiliz ($CHZ) (@Chiliz) February 6, 2020
“Forged in digital entertainment, the Enjin ecosystem offers incredible opportunities to almost all industries and applications.As one of the earliest forms of entertainment, sports is a perfect fit for both our brand and our expanding collection of blockchain gamification use cases. We are delighted to collaborate with Chiliz and explore a new way to gamify sports and esports fan engagement,and we look forward to working with them to produce unique collectibles that fans can cherish and enjoy.”
“Earlier this year, we announced a plan to improve and expand the utility of CHZ in 2020 and beyond. We are thrilled to be working with Enjin, the world leader in this space, to bring this to fruition. We will also be launching limited-edition licensed collectibles and tokenizing the club-specific rewards and experiences offered through Socios.com. For example, if one of our partner clubs triumphs in their respective league, we can create unique tokens to celebrate the win, as well as tokens to celebrate player achievements or seasonal football prizes.”
Chiliz (ticker code: CHZ) is a cryptocurrency, specifically aimed at sports and entertainment fans. Chiliz itself is a venture by Malta based Mediarex Group, a global sports and entertainment organization. Chiliz major clients are football clubs Juventus, Paris Saint-Germain, Atlético de Madrid, Galatasaray, A.S. Roma, West Ham, Independiente and Dota 2 E-sports champions OG. The project raised over 60M from Binance, OK Blockchain Capital, and Ceyuan Ventures.
Socios.com is the world’s first scalable, tokenized voting platform—powered by Chiliz. It allows sports fans to buy and execute voting rights, in their favorite sports teams. Just this month, Chiliz also announced the launch of Chiliz.net, its own exchange for Chiliz (CHZ) like crypto-assets.
Enjin is the world’s leading gaming and digital collectible or non-fungible token platform. It offers developers or teams to create, manage, integrate, distribute and trade blockchain assets. The native currency of the platform is the Enjin Coin (ENJ). The Ethereum standard for Non Fungible Tokens (NFTs) ERC-1155 was proposed and developed by the Enjin team. The Enjin suite for these tokens is complete with creation tools, wallets, trading system, blockchain explorer and a huge comprehensive network. Enjin has a long list of partnerships with major game developers and IT companies.
The future of real estate lies where virtual currencies and blockchain technology meet. Spearheading this transformative initiative is Ripple Labs, a recognized global leader in blockchain-based remittance services. Ripple has taken a bold stride towards harnessing the blockchain’s decentralized power to revolutionize the real estate industry through tokenization. What is real estate tokenization and why is that a big deal for Ripple?
Before we dive into Ripple’s new venture, it’s crucial to grasp the concept of real estate tokenization. In a nutshell, tokenization is the conversion of a physical asset’s rights into a digital token on a blockchain. This process offers a secure and efficient platform for buying, selling, and trading real estate assets.
Tokenization not only democratizes access to real estate investment by breaking down the barriers of entry but also enables efficient, seamless, and transparent transactions. It’s a paradigm shift that’s set to democratize access to the real estate market, opening doors for new and seasoned investors alike.
Ripple Labs envisages a future where real estate transactions are as simple as purchasing a cup of coffee. By leveraging their XRP Ledger, Ripple Labs plans to tokenize real estate, thus making property ownership easily transferable and divisible. It’s a radical approach to a traditionally complex and time-consuming process.
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers. It’s designed to handle incredibly high volumes of transactions swiftly and with minimal fees. Ripple’s XRP Ledger can facilitate the fractional ownership of property through tokens representing a specific stake in a real estate asset.
The road towards a tokenized real estate market may be riddled with regulatory and technological hurdles. However, if Ripple Labs can overcome these challenges, the result could transform the global real estate landscape.
The concept of tokenizing tangible assets like real estate could create a more inclusive economy. It could potentially enable anyone, anywhere, to invest in real estate across the globe. The potential for transparent, secure, and efficient transactions could redefine the investment landscape.
In summary, Ripple Labs’ ambitious venture into real estate tokenization symbolizes a step forward in merging blockchain technology with tangible assets. By doing so, they’re not just reshaping the world of real estate investment, but they’re also paving the way for a more inclusive and democratized global economy.
A proposed class action accuses OpenAI of quietly routing real conversations to outside contractors through a program called Project Lily—without telling users first.
Muse Charm is Meta's palm-sized gadget for talking to its Muse AI agent on the go. It has cameras, a fingerprint sensor, and its own cell connection.
A February research paper showing AI can unmask pseudonymous internet users is freaking everyone out again this week. Here's what the paper actually says.
Attorney General Letitia James and Governor Kathy Hochul allege the prediction market operates without a license and exposes New Yorkers to gambling harms.
In one of her final speeches as commissioner, Peirce argued that regulators' "data haystacks" endanger the people they aim to protect—as recent KYC leaks expose crypto holders to phishing and physical attacks.
Solana-based stablecoins can now be used to book flights across more than 300 airlines through crypto travel platform Nomadz, expanding the network’s real-world payments footprint into global travel.
BlackRock-designed investment portfolios are officially moving onto blockchain rails.
XRP trading in South Korea outpaces the U.S. as Upbit drives $224 million in daily volume, leaving Coinbase metrics behind.
Elon Musk is back on the crypto timeline as DOGE drops into a rare buying zone.
Cardano’s developer ecosystem gets new boost with native multi-language library.
Paramount Skydance Corporation (PSKY) stock closed at $10.18, gaining 2.21% after recovering from early losses. The company advanced toward the $10.20 resistance zone as trading activity strengthened late in the session. The move followed Paramount’s launch of a $7.5 billion loan syndication to support its Warner Bros. Discovery acquisition.
Paramount Skydance Corporation Class B Common Stock, PSKY
Paramount Skydance started the senior secured term loan process as part of its broader merger funding plan. The financing supports the company’s proposed acquisition of Warner Bros. Discovery and related debt repayments. Therefore, the loan represents a major step in completing the transaction’s financial structure.
The company plans to raise about $44.4 billion in additional secured debt alongside previously announced funding arrangements. Paramount will combine the new borrowings with cash reserves and equity financing proceeds. This strategy aims to provide the capital needed for the Warner Bros. Discovery purchase.
Bank of America, Citigroup, and Apollo are leading the debt financing process for the acquisition. The wider package includes investment-grade loans, bonds, and second-lien debt structures. , the financing effort ranks among the largest entertainment industry funding deals.
Paramount Skydance’s agreement to acquire Warner Bros. Discovery gained momentum after resolving legal challenges. The company settled an antitrust case involving several state attorneys general and the Writers Guild of America. As a result, the merger moved closer to receiving final approvals.
The proposed transaction could reshape Hollywood by combining Paramount’s media assets with Warner Bros. Discovery’s entertainment portfolio. The deal would bring major brands and streaming platforms under one corporate structure. The companies continue preparing for completion after clearing key regulatory issues.
The merger remains supported by significant equity commitments from major financial backers. Larry Ellison has committed substantial equity support, while Middle Eastern sovereign wealth funds joined the financing effort. However, the combined company would carry significant debt following the transaction.
Paramount Skydance strengthened as the company advanced its acquisition funding process. The shares recovered from intraday weakness and maintained positive momentum during the closing session. Meanwhile, market activity reflected attention toward developments surrounding the Warner Bros. Discovery agreement.
The combined Paramount and Warner Bros. Discovery company is expected to carry considerable financial obligations after completion. Morgan Stanley analysts previously estimated the merged entity could hold substantial net debt. Therefore, the financing structure remains a central factor in the merger process.
Paramount Skydance continues working toward completing the Warner Bros. Discovery acquisition within the expected timeline. The company’s latest debt move marks another milestone in its strategy to finalize the transaction. Meanwhile, PSKY stock performance remains linked to progress surrounding the major entertainment merger.
The post Paramount Skydance (PSKY) Stock: Rises as $7.5B Loan Fuels WBD Deal appeared first on Blockonomi.
The U.S. Commodity Futures Trading Commission has expanded its crypto guidance to explain how regulated derivatives firms can handle tokenized investments and digital recordkeeping. The September 24 update addresses two practical questions facing regulated firms.
It covers customer funds invested in tokenized permitted assets and the use of blockchain systems for records. The revisions were issued by the agency’s Market Participants Division, Division of Market Oversight, and Division of Clearing and Risk.
However, the guidance does not change existing regulations. The underlying FAQs state that staff interpretations do not create enforceable rights, amend CFTC rules, or guarantee protection from future enforcement action.
The latest clarification builds on guidance published in March covering the use of crypto-related infrastructure within existing derivatives regulations. A key distinction remains between tokenized assets representing permitted financial instruments and standalone cryptocurrencies that are not eligible under customer investment rules.
Earlier guidance said swap dealers may use tokenized forms of eligible collateral when those instruments satisfy existing regulatory standards. Those tokenized instruments must also provide legal and economic rights equivalent to the rights attached to their traditional versions.
However, the framework does not automatically make every cryptocurrency suitable for customer funds. The March FAQs specifically said Staff Letter 26-05 did not change the list of permitted investments under Regulation 1.25.
They also said futures commission merchants could not invest customer funds directly in payment stablecoins solely because those assets appeared within broader crypto guidance. The distinction keeps the focus on the underlying asset rather than its digital format.
As a result, tokenization can change how ownership or settlement is represented without changing whether the investment itself qualifies under existing rules.
The second clarification addresses whether regulated firms can use blockchain technology to satisfy recordkeeping obligations. CFTC Regulation 1.31 already follows a technology-neutral framework for storing, retaining, and producing regulated records.
That structure was designed to accommodate changing electronic systems rather than require firms to use one specific recordkeeping technology. The updated guidance therefore gives firms a clearer compliance route for distributed ledger systems.
Records must still remain reliable, accessible, retained for the required period, and available when regulators request them. The update also aligns with Chairman Michael Selig’s recent comments about tokenization, stablecoins, and potentially continuous markets becoming more important within derivatives infrastructure.
For regulated firms, the main clarification is operational rather than expansive. Blockchain infrastructure can fit within existing CFTC compliance systems, but technology alone does not determine whether a structure is permissible.
The underlying asset, custody arrangements, accessibility of records, and existing regulatory requirements remain central to compliance.
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SMX (Security Matters) Public Limited Company (SMX) stock traded at $8.77, down 9.02%, after a sharp decline from the $9.60 area. The shares found support near $8.00 before recovering slightly during the afternoon session. The movement came as the company highlighted its molecular marking technology for improving manufacturing transparency.
SMX (Security Matters) Public Limited Company, SMX
SMX develops technology that gives physical materials unique molecular identities and connects them with digital records. The system allows manufacturers to track material origin, recycled content, authenticity, and movement across supply chains. Therefore, the company aims to improve verification standards across industrial markets.
The technology focuses on replacing traditional tracking methods that depend mainly on documents and supplier information. SMX embeds markers into materials and links them with secure digital records. This approach helps companies verify product information throughout different stages of production.
Meanwhile, manufacturers face growing pressure to improve supply chain visibility and meet stricter compliance requirements. SMX positions its platform as a tool for industries seeking stronger material verification. The company’s solutions support sectors that require accurate records of production and material usage.
SMX’s Digital Material Passport Platform connects physical materials with digital information throughout their lifecycle. The platform records details from manufacturing through reuse, recycling, and resale. As a result, companies can maintain clearer records of material history and ownership.
The technology supports efforts to increase recycling efficiency by identifying materials and tracking their movement. Manufacturers can use verified information to improve resource management. This creates a system where materials maintain reliable digital identities beyond initial production.
SMX’s technology addresses challenges linked to global supply chains and sourcing verification. Companies increasingly require accurate information about materials and production methods. The platform provides a framework for improving transparency between manufacturers, regulators, and customers.
The company’s molecular marking technology supports industries seeking better control over manufacturing data. SMX focuses on making material claims easier to confirm through digital verification. This creates opportunities for companies that need stronger proof of origin and compliance.
The technology can help manufacturers demonstrate domestic production standards through verifiable material records. Supply chain participants can access information about where materials originated and how they moved. This reduces reliance on traditional labeling systems alone.
SMX continues developing solutions designed for a manufacturing environment that values transparency and accountability. The company’s platform connects physical materials with digital records to strengthen industrial verification. However, SMX stock performance remains influenced by market activity and company developments as the business expands its technology adoption.
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CoreWeave, Inc. (CRWV) stock traded at $89.89, up 3.45%, after JPMorgan upgraded the company from neutral to overweight. The upgrade reflects stronger demand for computing capacity and improving pricing conditions. The brokerage also raised its price target to $125 from $120.
CoreWeave, Inc. Class A Common Stock, CRWV
JPMorgan highlighted CoreWeave’s ability to secure premium short-term contracts as demand remains strong. The company has increased its focus on flexible agreements that support higher pricing opportunities. Therefore, the upgrade reflects expectations for stronger business performance.
CoreWeave provides large-scale computing infrastructure for advanced technology companies and research operations. The company has positioned itself within the expanding market for high-performance computing services. Meanwhile, demand growth continues to support expansion across the sector.
The JPMorgan upgrade comes as computing demand continues to increase across multiple industries. The brokerage expects pricing conditions to improve as companies seek additional capacity. CoreWeave’s contract strategy has also become a key factor behind the rating change.
The company has expanded its infrastructure footprint to meet rising demand for computing resources. However, the sector continues to require significant investment in facilities and equipment. CoreWeave’s growth strategy depends on maintaining capacity while securing long-term customer relationships.
The latest rating change follows broader market attention toward companies linked to computing infrastructure. Other technology firms have also received updated ratings based on demand trends. As a result, brokerage activity has focused on companies positioned for future expansion.
CoreWeave entered the public market with a focus on providing specialized computing infrastructure. The company has attracted attention due to increasing demand from technology firms. Its business model relies on delivering scalable computing services through large infrastructure networks.
JPMorgan’s revised outlook highlights CoreWeave’s pricing power and contract flexibility. The company’s short-term premium agreements provide additional opportunities during periods of strong demand. These agreements can support revenue growth as capacity expands.
CoreWeave continues to develop its market presence while navigating infrastructure requirements. The latest upgrade places the company among firms benefiting from rising computing needs. The stock movement reflects renewed market attention following the brokerage assessment.
The post CoreWeave, Inc. (CRWV) Stock: Gains Momentum as JPMorgan Sees Strong AI Demand appeared first on Blockonomi.
Oracle (ORCL) shares traded at $138.43, down 6.13%, after reports highlighted challenges around its New Mexico data center project. The decline followed concerns about Project Jupiter and possible delays affecting the planned facility launch. Oracle has moved to protect its financial position as the large infrastructure project faces regulatory obstacles.
Oracle Corporation, ORCL
Oracle notified the project developer about a force majeure provision linked to Project Jupiter, according to reports. The move aims to delay certain payments if the facility fails to start operations in 2028. Oracle stated that the project remains on its planned schedule.
Project Jupiter forms part of a major infrastructure expansion involving Oracle, OpenAI, and SoftBank. The New Mexico campus targets 2.45 gigawatts of power capacity for advanced computing workloads. The project has faced permit issues and public concerns over energy demand.
The facility depends on supporting infrastructure, including power solutions from suppliers such as Bloom Energy. Regulatory decisions affecting energy routes have created additional challenges for the development timeline. Delays could affect the broader rollout of the planned data center network.
Oracle has expanded its data center capacity to support growing cloud service demand. The company reported $664 billion in remaining performance obligations from future contracted sales. Delays in infrastructure delivery could affect the timing of revenue recognition.
The company has increased spending to build additional capacity for large computing contracts. This expansion contributed to negative free cash flow of $5.4 billion in its latest earnings report. As a result, funding requirements remain a key factor in Oracle’s infrastructure strategy.
Rising borrowing costs have also created pressure for companies developing large facilities. Oracle continues to balance long-term cloud growth with higher infrastructure expenses. The New Mexico project remains a major part of its future expansion plans.
Oracle’s latest move highlights challenges facing large data center developments across the technology sector. The company continues to pursue its infrastructure goals while addressing regulatory and financial concerns. Project Jupiter’s progress will remain linked to permit approvals and construction timelines.
The post Oracle (ORCL) Stock: Retreats as New Mexico AI Campus Faces Permit Challenges appeared first on Blockonomi.
Just a few days ago, SUI crossed the $1 psychological level and surged to a four-month high of $1.05.
Bears then stepped in and pushed the price down to $0.95 (per CoinGecko), but according to popular analyst Ali Martinez, the bull market has already begun.
The X user said that after an 83% drop during the bear market, SUI has flashed one of its most important macro bullish signals. Specifically, the Parabolic SAR dots have flipped below price on the weekly chart, indicating a shift from a downtrend into a new uptrend.
“The indicator is designed to identify trend direction and potential reversals, with dots below the price signaling bullish momentum. After such a deep correction, this weekly flip suggests that SUI has finally entered a new bull market,” the analyst claimed.
This isn’t the first time Martinez has touched on the asset this month. Several days ago, he outlined three key reasons why the price can soon reach $1.40. Some of those include the Tom DeMark Sequential, which printed a 13th buy signal in late July, and the SuperTrend indicator, which also flipped to “buy.”
Lucky and Michael van de Poppe have also paid attention to SUI lately. The former argued that the token has been screaming NEAR vibes, highlighting its “strong development, growing ecosystem, and plenty of momentum” behind its network.
“Expecting SUI to go on a majestic run from here,” the X user added.
Michael van de Poppe warned that SUI may experience a correction (as it did), but could then jump toward $1.16 and $1.60 in the coming period.
For his part, Crypto With Gopal noted that the coin has printed a massive double bottom on its chart. He said SUI has defended the $0.55-$0.60 zone for the second time, while the neckline sits near $2.70.
“A confirmed breakout could signal a major momentum shift. The chart projects a potential move toward $5.00 if the neckline breaks convincingly. Market sentiment: Bullish setup – breakout confirmation is key,” the analyst projected.
Earlier this week, Crypto Tony identified $1.12 as the first bullish target about to be hit, saying he plans to take some profits once the price reaches that level.
KALEO has also been quite vocal on the matter. The analyst first claimed that SUI looks like “it’s finally ready to break out.” Shortly after, they predicted a quick squeeze from $1 to $2, adding that people forget how fast the asset can run once it starts rallying.
The post SUI Flashes a Key Macro Signal: Has the Bull Market Begun? appeared first on CryptoPotato.
A clear difference has emerged in the long-term MVRV levels of major crypto assets. Bitcoin, Ethereum, and Chainlink are slightly above 0%. This means the average market participant who has held these assets over the past year is still sitting on a small profit.
XRP and Dogecoin, on the other hand, are in a different position.
According to the latest findings by Santiment, XRP’s 365-day MVRV stands at around -11.75%. DOGE is even lower at about -19.26%. The negative readings essentially mean that many long-term holders are currently holding unrealized losses. A lower MVRV can sometimes point to lower selling pressure.
Fewer traders are sitting on large profits that could lead to immediate selling. In previous instances, periods of heavy unrealized losses have also created longer-term recovery opportunities.
Santiment stated that XRP and DOGE currently stand out because their long-term holders remain deep in the red even as the market recovered.
“BTC, ETH, and LINK aren’t suddenly ‘bad buys’ just because their MVRV is slightly positive. But when comparing opportunities, assets far below 0% often deserve extra attention. The deeper the losses compared with other coins, the more interesting the setup can become.”
After a strong start to the week, the crypto market has started to cool off. XRP has been hit particularly hard in the latest pullback. Ripple’s native token dropped more than 7% over the past 24 hours and is now trading near the $1.48 level. Ali Martinez believes that “everything comes down to $1.60.” As such, a decisive break above this could confirm the pattern and trigger another 30% rally toward $2.
The OG meme coin, meanwhile, is also among the poorest performers in the past day as it shed 6.6%.
It faced a setback earlier this month when Bitwise announced that it would shut down its spot DOGE ETF, BWOW, after roughly 10 months, citing changes in investor demand and its plans to optimize its product lineup. The fund was scheduled to trade on NYSE Arca until October 14 before being liquidated.
However, investor interest in US-based spot DOGE ETFs appears to have picked up since then. These funds raked in $909,650 on Monday, and around $1.2 million on Tuesday, pushing weekly net inflows above $2 million.
The post XRP and DOGE Are Deep in the Red: Could That Be a Bullish Signal? appeared first on CryptoPotato.
New York Attorney General Letitia James and Governor Kathy Hochul sued Polymarket’s US arm on Thursday, alleging the prediction market has been running an illegal gambling operation in the state without a license.
The suit targets QCX LLC, which does business as Polymarket US and launched in the United States in December 2025, letting users bet money on sporting events and other outcomes.
The state argues those markets meet New York’s legal definition of gambling because their results are uncertain and outside the bettor’s control, and says the company never obtained a license from the New York State Gaming Commission or paid the taxes licensed operators owe.
The complaint also says Polymarket lets users aged 18 to 20 trade, while New York requires mobile sports bettors to be at least 21.
James is asking the court to halt Polymarket’s unlicensed gambling operations in New York, order it to forfeit all illegal gains and pay restitution to harmed users, and impose fines equal to three times those gains.
“Our gambling laws exist to protect New Yorkers, prevent the potential harms of problem gambling, and ensure funding for educational and public benefit programs,” James said.
Hochul said Polymarket had knowingly violated state law and put New Yorkers at risk, particularly underage users most vulnerable to problem gambling.
“We’ll fight for our users,” Polymarket Chief Legal Officer Neal Kumar said in a statement reported by the Associated Press.
Kumar added that the company started in a small New York City apartment, now employs more than 350 people in the city and intends to stay.
The case follows the state’s lawsuit against Kalshi in July, which made the same unlicensed gambling and underage access arguments and was filed in Manhattan state court. James sued Coinbase and Gemini in April over their prediction market products.
Likewise, Baltimore separately sued both Kalshi and Polymarket on August 13, alleging they misled consumers about whether their products were legal and properly regulated.
The platforms argue that states have no authority over them because the Commodity Futures Trading Commission (CFTC) regulates them at the federal level. Kalshi has said its contracts are federally regulated derivatives, not gambling products subject to state gaming laws, and the CFTC has opposed state regulation of the sector.
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[PRESS RELEASE – Willemstad, Curaçao, September 24th, 2026]
1win Markets has launched Crypto Live, a new category for short-term cryptocurrency price predictions. The new format allows users to predict whether the price of major cryptocurrencies will move higher or lower over a selected period, with intervals ranging from five minutes to one day.
Crypto Live turns crypto price movements into a simple two-option prediction. Instead of trying to guess exactly where Bitcoin, Ethereum, or Solana will trade next, users choose whether the price will be Higher or Lower than it was at the beginning of the round.
At launch, Crypto Live features BTC, ETH, SOL, BNB, XRP and DOGE, with prediction rounds available across five timeframes.
How 1win’s Crypto Live works
For example, Bitcoin is trading at $110,000 when a five-minute round begins. A user who thinks BTC will be above that price five minutes later selects Higher. If Bitcoin finishes the round above $110,000, Higher wins; if it finishes below, Lower wins.
The same format applies across every available cryptocurrency and timeframe, with new rounds repeating throughout the day.
Crypto Live brings a faster format to 1win Markets. While many prediction markets focus on questions that can take days, weeks or even months to resolve, Crypto Live is built around decisions with near-immediate outcomes. The shortest rounds take just five minutes from the opening price to the final result.
The format also removes the need to predict an exact price target. A user doesn’t need to decide whether Bitcoin will reach $112,000 or Ethereum will hit $4,500. The question is simply about direction: will the price be higher or lower when the timer reaches zero?
With crypto trading 24/7, Crypto Live allows users to make predictions across different market conditions and time horizons — from a five-minute BTC move to where SOL, ETH or DOGE could be by the end of the day.
Additional features are planned following the initial launch, including the ability to make predictions on upcoming rounds and manage multiple active positions more easily.
Crypto Live is available as a dedicated category within 1win Markets.
About 1win
Founded in 2016, 1win is a crypto entertainment platform in the global gaming industry. Operating across Asia, Latin America, and Africa, 1win offers a wide range of entertainment products adapted to regional audiences. In 2026, 1win welcomed rapper Tyga, UFC legend Ilia Topuria, reggaeton star Nicky Jam, Olympic champion and UFC fighter Gable Steveson, and Nina Drama, UFC interviewer and content creator, as members of the 1win VIP community.
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[PRESS RELEASE – Miami, Florida, September 24th, 2026]
A Metalayer Capital strategy backed by an initial institutional allocation uses GLDY as the long leg of a delta-neutral gold trade, creating a new channel for demand for Streamex’s yield-bearing tokenized gold, with follow-on investments anticipated.
Streamex Corp., a Nasdaq-listed a technology company building the future of the commodity markets through tokenization, has secured a commitment of institutional capital, a test of whether tokenized commodities can draw buyers beyond individual investors.
A leading institutional investor has made an initial $1 million allocation, with follow-on investments anticipated, to a relative-value strategy that uses GLDY, Streamex’s gold-backed token, as its long gold position, according to a person with knowledge of the matter who isn’t authorized to speak on behalf of the company. The strategy is run by Metalayer Capital, a systematic investment manager, through its Aureon Relative Value Fund, the person said. Metalayer Capital was founded by former Two Sigma executives. Metalayer Capital declined to comment.
The strategy pairs GLDY with an offsetting short position in gold-linked perpetual futures, so it is designed to be largely indifferent to whether gold prices rise or fall, the person said. It aims instead to earn the yield GLDY pays, which Streamex targets at 3.5% a year in additional gold generated through a gold-leasing program.
For Streamex, the significance lies in the mechanics: money deployed into the long position goes into GLDY, adding to the assets under management on which the company earns fees.
The initial allocation of $1 million is final, with follow-on investments anticipated, and its significance lies in who is buying: it suggests that tokenized securities such as GLDY are drawing interest not only from accredited individual investors but also from the institutional investor community.
In August, Streamex laid out a list of goals for the following 90 days. “Converting the first institutional allocations into GLDY was at the top of that list,” said Henry McPhie, the company’s co-founder and chief executive. He called the arrangement “a fundamentally different growth channel than selling to one investor at a time.”
Beyond the initial $1 million, the rest of the commitment remain at the purview of the investor, and there is no assurance that any additional amount of GLDY will be bought.
The companies have other ties. Metalayer also acts as a liquidity provider for GLDY on certain trading venues and can mint and redeem the token directly with the issuer, the person said. Streamex doesn’t manage or sponsor the fund and isn’t compensated based on money the fund raises.
GLDY is offered only to eligible investors under exemptions from securities registration, and its holders to date have largely been accredited investors seeking yield. Streamex has made six consecutive monthly distributions on the token, most recently in September, and publishes its gold reserves through a Chainlink proof-of-reserves feed.
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