The concentration of capital in fewer companies may stifle innovation and competition, potentially hindering the broader startup ecosystem's growth.

The post Southeast Asia’s crypto funding rebounds to $680M as investors bet big on fewer companies appeared first on Crypto Briefing.

The shifting dynamics in the Strait of Hormuz could destabilize Iran's regime, impacting regional geopolitics and global energy markets.

The post Tehran losing ground in Strait of Hormuz standoff with US: WSJ appeared first on Crypto Briefing.

This lawsuit highlights the growing tension between media outlets and tech companies over AI's use of copyrighted content, impacting future AI development.

The post Seattle Times and Newsday sue OpenAI and Microsoft for copyright infringement appeared first on Crypto Briefing.

The inflows into Bitcoin and Ethereum ETFs highlight growing investor confidence and potential shifts in market sentiment towards cryptocurrencies.

The post US spot Bitcoin ETFs see $175M inflows, Ethereum ETFs gain $27M appeared first on Crypto Briefing.

The influx of prop trading firms into Hong Kong underscores the city's strategic importance in the global financial landscape and talent competition.

The post Jane Street, IMC Trading among prop trading firms flooding Hong Kong appeared first on Crypto Briefing.

Bitcoin Magazine

Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading 

British financial services firm Hargreaves Lansdown is letting retail investors buy bitcoin — nearly one year after it said the cryptocurrency was “not an asset class.” 

The Bristol, UK-based investment firm’s website said it was offering bitcoin and other crypto exchange-traded notes to investors. ETNs are investment funds which trade on stock exchanges and track the prices of digital assets. 

It comes after the firm, which manages nearly £173 billion (over $233 billion) in assets, last year warned customers about buying bitcoin. 

“While longer-term returns of Bitcoin have been positive, Bitcoin has experienced several periods of extreme losses and is a highly volatile investment — much riskier than stocks or bonds,” the firm said at the time. 

“The HL Investment view is that Bitcoin is not an asset class, and we do not think cryptocurrency has characteristics that mean it should be included in portfolios for growth or income and shouldn’t be relied upon to help clients meet their financial goals.” 

Now, a number of ETNs tracking the price of bitcoin and other cryptocurrencies are available. The firm warns users that “crypto ETNs are considered high-risk and may be volatile.”

U.S. regulator the Securities and Exchange Commission in 2024 approved bitcoin exchange-traded funds for investors after a decade of saying no to the products. 

The funds had the most successful debut in the history of ETFs as investors previously unable to buy exposure to the asset class rushed in to buy the products. 

Run by top asset managers and banks like BlackRock, Fidelity, and Morgan Stanley, the investment vehicles now collectively manage over $100 billion in assets. 

This post Hargreaves Lansdown Reverses Course, Rolls Out Bitcoin Trading  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Trezor Breach Worse Than Reported: Another 67,000 US Customers Exposed

Hardware wallet manufacturer Trezor has said that a data breach first announced last month is worse than originally reported. 

The Prague, Czech Republic-based company said Friday that an additional 67,000 U.S. customers had their names, emails, phone numbers, shipping addresses and order numbers leaked. The leaked data came from orders made between November 2019 and August 2021, according to Trezor. 

Trezor first announced in August that data from 11,742 customers from the U.S., UK, Sweden, Colombia, Brazil, Italy, and Portugal had been exposed — with names, emails, phone numbers and shipping addresses leaked. 

Another 1,947 customers just had their names, cities and emails exposed in the breach. 

In Friday’s announcement, Trezor said that its third-party fulfillment partner, ShipMonk, had falsely reassured the company about deleting customer data. 

“Throughout our entire relationship with ShipMonk, we repeatedly requested and received written assurance confirming the deletion of the data, in line with our contract, data policy, and past communications,” Trezor wrote. 

“We are very disappointed that, despite receiving this confirmation, the data was not deleted in their systems.”

Neither Trezor nor ShipMonk immediately responded to Bitcoin Magazine’s questions. 

Trezor first announced in August that the data had been leaked because ShipMonk experienced “unauthorized access to their systems containing customer data.” 

The company added that it had directly emailed all customers involved in the breach. Trezor’s parent company, SatoshiLabs, told Bitcoin Magazine last month that it was investigating the incident. 

Trezor is one of the most popular Bitcoin hardware wallet solutions, and also has support for storing other cryptocurrencies. 

Bitcoiners’ personal data has been targeted by cybercriminals in the past: back in 2020, an unauthorized party accessed popular hardware manufacturer Ledger’s e-commerce and marketing database, leaking over 1 million email addresses and the personal contact data of nearly 10,000 customers. 

At the start of this year, customers reported receiving emails from Global-e, Ledger’s payment partner, that a data breach at its cloud systems leaked sensitive customer data. 

This post Trezor Breach Worse Than Reported: Another 67,000 US Customers Exposed first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF 

El Salvador has not used public funds to accumulate bitcoin since the International Monetary Fund’s last review of its loan program, the fund said Thursday. 

In a report Thursday, the body said that the Central American country had instead received bitcoin from private donations, citing documentation from the government. It added that “no further Bitcoin accumulation beyond the documented donations is expected.”

El Salvador made headlines in 2021 when it became the first country in the world to make bitcoin legal tender. Salvadoran president Nayib Bukele in 2022 said the country would buy one bitcoin per day but it was never clear where the money was coming from — or if he was actually buying at all. 

“Documentation has been provided verifying that Bitcoin accumulation since the first review reflects private donations and that no public resources were used,” the IMF release said. 

“Understandings were also reached on steps to modernize the legal, regulatory, and supervisory framework for digital assets and to further strengthen the governance and risk-management arrangements for public-sector crypto-asset holdings. Going forward, no further bitcoin accumulation beyond the documented donations is expected.”

The report added that public participation in the government-sponsored bitcoin wallet has been largely wound down, with majority ownership and operational control handed to a private operator. 

El Salvador in 2021 debuted a state-sponsored wallet called Chivo for its citizens as part of its plan to increase bitcoin adoption in the country. 

“IMF staff thank the Salvadoran authorities for the constructive discussions and excellent collaboration,” the report added. 

The IMF El Salvador entered a $1.4 billion loan agreement at the end of December but the fund asked for the country to scale back certain aspects of its bitcoin strategy. 

Institutions like the World Bank and the IMF have long criticized President Bukele’s Bitcoin law, which also asked businesses to accept the cryptocurrency if they had the technological means to do so. 

President Bukele in 2024 admitted that Salvadorans weren’t using the cryptocurrency to buy things as expected, but always boasted that the government was still stacking sats. 

Since launching a crime crackdown to tackle the country’s notorious crime gangs, murder rates in El Salvador have plunged. The country was once the most dangerous place in the Americas but President Bukele is now trying to turn it into a tech hub. 

Crypto companies like Tether have since relocated to its capital, San Salvador. 

This post El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Dips Below $80,000 on Strong US Jobs Report

Bitcoin slid Friday after a better-than-expected labor report showed that the U.S. job market accelerated in August. 

The leading cryptocurrency was recently trading for close to $79,764 after dropping as low as $78,706 earlier in the morning in New York. It’s currently down over 1% over a 24-hour period. On Thursday, the coin soared above $82,000. 

The Federal Reserve is typically more likely to raise interest rates when the labor market is strong, because more people employed means more spending, and more spending can push inflation up. 

Federal Reserve Chair Kevin Warsh last week gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. Bitcoin has typically done well in a low-interest rate environment. 

Traders currently view a U.S. Federal Reserve interest rate hike at the upcoming September 15–16 policy meeting as roughly a 50% to 60% probability. 

But U.S. President Donald Trump on Friday demanded the Federal Reserve slash interest rates. 

Writing on his social media platform Truth Social, Trump said: “Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!”

He added: “We should have the LOWEST RATE of any country in the World, like ‘the old days.'”

Bitcoin has decoupled from stocks recently as investors have renewed concerns around dollar debasement. 

The cryptocurrency started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever.  

The much-talked about debasement trade is back in the spotlight, and bitcoin has been trading in lockstep with gold, according to analysts. The so-called debasement trade is when investors buy an asset as a way to hedge against a currency losing value. 

News dropped last month that U.S. public debt exceeded $40 trillion for the first time too. Excessive debt also undermines confidence in the dollar, making assets like bitcoin and gold attractive. 

This post Bitcoin Dips Below $80,000 on Strong US Jobs Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

National Sheriffs’ Association Drops Opposition to Clarity Act

The National Sheriffs’ Association this week dropped its opposition to the crypto Clarity Act, after having previously warned that the proposed bill could help criminals. 

Writing Thursday to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, the association said it was changing its stance to neutral given how complex the issue is. 

A number of lawmakers were hoping to vote on the Clarity Act in August. After a delay, a vote will now go ahead this month. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. 

“Given the complexity of the legislation and the number of important details that remain under consideration, the NSA is changing its position on the Clarity Act to neutral,” the letter from NSA President Sheriff Troy Wellman and Executive Director Justin Smith read. 

“At this time, we believe the most appropriate course is to step back and allow the legislative process to proceed to establish a clear, effective, and much needed regulatory framework.”

The NSA had previously warned that the bill could create regulatory and anti-money laundering loopholes by exempting certain crypto developers and infrastructure providers from money transmitter rules.

Despite being passed in the house of representatives last year with strong bipartisan support, the Clarity Act has been in a deadlock for much of 2026. The banking lobby raised concerns over stablecoin yield and some lawmakers have said improvements need to be made surrounding ethics. 

An updated bill of the Clarity Act was introduced in July that addressed some of these concerns — banning government officials and their families from issuing or promoting crypto. 

Pro-crypto senator Cynthia Lummis wrote on Friday that the “bipartisan bill” gives “law enforcement real tools to fight the illicit finance crimes hurting hard working Americans.”

Major financial institutions, lawmakers and companies have said they support the latest draft of the new bill, but some Republicans have accused Democratic lawmakers of deliberately playing politics and holding the bill back. 

This post National Sheriffs’ Association Drops Opposition to Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin's push above $80,000 lost an important policy cushion on Sept. 4, when the August jobs report came in far stronger than the recent hiring trend. The result made it harder for the Fed to justify holding rates steady on labor-market weakness alone.

Bitcoin registered an intraday low of $78,660, but recovered to stay close to $80,000.

Within the same post-release window, MarketWatch reported the two-year Treasury yield near 4.40%, up from just above 4.33%, and the 10-year near 4.80%, up from just under 4.75%. The Wall Street Journal reported that the dollar index touched 99.932 from about 99.035 before the data.

Those aligned timestamps show that a more resilient labor market gave policymakers more room to focus on inflation, while higher short-term yields and a firmer dollar tightened the financial backdrop for a dollar-priced risk asset.

Payrolls narrowed the Fed question

The Bureau of Labor Statistics said nonfarm payrolls rose by 162,000 in August, more than five times the average monthly gain of 31,000 over the previous 12 months. The separately measured unemployment rate was unchanged at 4.1%.

BLS raised June payroll growth to 31,000 and July growth to 21,000, adding a combined 55,000 jobs to its earlier estimates.

Average hourly earnings for private nonfarm workers rose 0.3% in August to $37.75 and were 3.1% higher than a year earlier.

Food services and drinking places accounted for 59,000 jobs, and local government education added 42,000. Information employment fell by 23,000, while health care added 13,000, well below that sector's 32,000 average monthly gain over the prior year.

The report weakened the labor-market argument for an immediate pause without establishing that every corner of the economy was overheating. Inflation now has more weight in determining whether the Fed can stay patient.

Fed Governor Christopher Waller had laid out one visible version of that tradeoff the day before the release. His view does not bind the full Federal Open Market Committee, but his published remarks offered a clear reaction function.

Waller described the labor market as satisfactory and stable, with employment near its maximum sustainable level, and said that August inflation would heavily influence his September stance.

Continued progress toward the Fed's 2% goal would make him willing to hold the policy rate steady, while a hot reading, or evidence that progress had reversed, could make him consider a hike.

The payroll report removed the kind of obvious labor deterioration that could have outweighed an uncomfortable inflation print. September's decision now turns more cleanly on whether price pressures continue to ease.

CPI becomes Bitcoin's next September deadline

The BLS calendar schedules the August consumer price index for 8:30 a.m. ET on Sept. 11. The Federal Reserve calendar lists the FOMC meeting for Sept. 15-16, with decision-day events on Sept. 16.

The five-day gap makes CPI the last major scheduled inflation test before the meeting. For Bitcoin traders, Sept. 11 is when the September rate debate can absorb new evidence, rather than when policymakers formally settle it.

A cooler report would fit Waller's condition for supporting a hold and could relieve pressure transmitted through short-term yields and the dollar. A hotter print would strengthen the case that inflation progress has stalled just as the labor market has shown renewed resilience.

Waller spoke only for himself, and one inflation report will not erase the other evidence policymakers weigh. CPI can nevertheless change the balance because payrolls have already answered the labor side of the debate more firmly than the recent trend suggested.

Bitcoin had rallied above $80,000 before the two closely spaced macro tests. After payrolls, the asset fell back below it while yields and the dollar rose.

A softer CPI reading could reopen the hold narrative and give the rally breathing room. A hotter one could leave Bitcoin approaching the Sept. 16 decision with both labor resilience and inflation pressure pointing toward tighter policy.

The Fed meeting remains the policy deadline, but Sept. 11 comes first for Bitcoin volatility.

The post Bitcoin dips below $80,000 as a hot August jobs report shifts Fed policy expectations appeared first on CryptoSlate.

Robinhood Chain’s rapid growth ran into two problems at once on Sept. 4 as the network briefly stopped producing blocks while AMC challenged its fast-growing Stock Token business.

On Sept. 4, the Ethereum layer-2 network halted block production for at least 14 minutes, stalling transactions before activity began recovering. Robinhood had not publicly disclosed the cause of the interruption at the time of publication.

The outage came roughly two months after the network’s public mainnet launch.

Robinhood Chain’s rapid growth raises the stakes

The disruption comes after Robinhood Chain rapidly emerged as one of crypto’s highest-earning networks, making even a brief interruption in block production more significant.

The network has generated about $23 million in cumulative fees, including roughly $4 million in a recent 24-hour period, Entropy Advisors’ Tom Wan said. Token Terminal separately estimated that Robinhood Chain accounted for 78.5% of layer-2 blockchain revenue over the past 30 days.

At its recent pace, Robinhood Chain’s revenue would annualize to roughly $1.7 billion. That figure extrapolates a short period of elevated activity rather than representing a formal revenue forecast, but it illustrates how quickly the two-month-old network has scaled.

DeFi activity has expanded alongside those fees. Data from DeFiLlama shows that the total value locked on Robinhood Chain climbed nearly 27% over the past week to roughly $840 million, while decentralized exchange activity has also accelerated as users move more assets and trades onto the network.

The chain is also creating revenue opportunities beyond transaction fees.

Wan estimated that Robinhood could have generated roughly $1.7 million from its share of USDG economics at a 3% annual yield.

Growth in assets held across Robinhood and Bitstamp may also support higher trading revenue, with crypto assets under management rising by about $4 billion on Robinhood and $600 million on Bitstamp.

Stock Tokens add another potential revenue source, though their economics are less transparent. Robinhood has not published a detailed fee schedule covering possible minting and redemption charges for authorized participants or market makers.

This rapid expansion has pushed Robinhood Chain into territory normally occupied by much older networks like BNB Chain and others.

Stock Tokens draw resistance as adoption accelerates

That growth raises the cost of downtime as Robinhood pushes more financial products onto the network, including a Stock Token business already attracting resistance from some of the companies it tracks.

AMC Entertainment CEO Adam Aron challenged Robinhood this week after discovering a token tracking his company’s shares on the platform's Ethereum layer-2 network.

He stated on X:

“They are not registered under U.S. securities laws !!!!!! I find this practice to be contemptible, outrageous, disgusting, detestable, inexcusable, vile. How can it possibly be legal? We have no connection to this at all, and do not condone it in any way.”

Aron said AMC would ask outside securities counsel to examine the offering, while asking “Robinhood to voluntarily CEASE AND DECIST the trading of AMC stock tokens. If you don’t, our high priced securities counsel has been asked to see whether we can force you to stop.”

In response, Dan Gallagher, Robinhood's chief legal officer, stated that the company will not stop trading the AMC token. He said:

“We know a little something about the US securities laws and will not ‘DECIST.' Send your lawyers and we’ll educate them.”

The dispute highlights how Robinhood brings equities onchain without requiring participation from the companies being referenced.

Robinhood describes Stock Tokens as the flagship real-world asset on its chain. The ERC-20 tokens provide economic exposure to US shares and exchange-traded funds and can be transferred or used within onchain applications.

The instruments are debt securities issued by Robinhood Assets Limited. Holders receive exposure to the performance of the referenced security but gain no legal or beneficial ownership of the underlying shares and no claim against the company whose stock is tracked.

The tokens are not registered under US securities laws and cannot be offered or sold to US persons.

That framework allows Robinhood to create an instrument linked to AMC’s share price without AMC participating in the issuance, with the legal relationship instead running between the token holder and Robinhood’s Jersey entity.

OpenAI previously raised a similar objection after Robinhood introduced tokens referencing the privately held company. OpenAI said the instruments were not OpenAI equity, that it had not partnered with Robinhood and that it did not endorse the offering.

However, corporate resistance has so far done little to slow demand.

Token Terminal data show Robinhood has become the largest Stock Token issuer by holder count in roughly two months, reaching about 862,800 holders. The wider tokenized-stock market has expanded more than eightfold over the past six months to roughly 2.6 million holders.

Trading has accelerated alongside that expansion. Tokenized stocks generated about $6.4 billion in decentralized exchange volume over the past 30 days, up more than 90% from the preceding period. PancakeSwap accounted for about $3.1 billion and Uniswap another $2.5 billion, giving the two exchanges the overwhelming majority of activity.

Stock Tokens now represent more than $200 million of active real-world assets on Robinhood Chain, while stablecoins on the network have approached $1 billion.

The scale puts the Sept. 4 outage in perspective. Robinhood is positioning its chain as infrastructure for financial products that can trade and move onchain while simultaneously expanding a Stock Token model that some of the referenced companies have openly rejected.

As more assets and users migrate onto those rails, Robinhood will have to demonstrate that the infrastructure can support the financial activity its distribution network is bringing onchain.

The post A major outage and corporate backlash hit Robinhood Chain at the peak of its growth appeared first on CryptoSlate.

The International Monetary Fund (IMF) says El Salvador’s Bitcoin reserve growth over the past year came from private donations, not new government spending.

In its latest review of the country’s loan program, the global financial agency said documents supplied by El Salvador showed that Bitcoin accumulated since the previous review reflected private donations. It added that no public resources were used and said it expects no further accumulation beyond those documented contributions.

The Fund also reiterated that earlier changes in El Salvador’s BTC position had not necessarily represented new buying.

In previous reviews, it said increases in the Strategic Bitcoin Reserve reflected transfers among government-controlled wallets, while small fluctuations elsewhere were linked to Bitcoin-denominated deposits held through Chivo.

The IMF also noted that the Salvadoran government had “substantially unwound” its stakes in the Chivo e-wallet. It explained:

“Majority ownership and operational control have been transferred to a private operator, while a minority stake and custodial responsibilities for customer assets have been retained by the government.”

El Salvador’s Bitcoin push continues despite the IMF accounting

The IMF’s assessment sits uneasily beside both the size of El Salvador’s growing reserve and the government’s continued pro-Bitcoin messaging.

The country held about 6,224 BTC at the end of June 2025. Its official reserve tracker now shows more than 7,764 BTC, an increase of roughly 1,540 BTC.

If the IMF’s latest assessment is applied to that subsequent accumulation, much of the increase came from private donations rather than taxpayers funding new Bitcoin purchases.

Yet El Salvador continues to describe itself as an active Bitcoin buyer.

As recently as Aug. 28, the National Bitcoin Office said the country had “just bought more Bitcoin” and repeated its longstanding message: “One BTC per day, every day.”

The government has also continued pushing BTC beyond the treasury. President Nayib Bukele has maintained his pro-Bitcoin stance, while El Salvador has kept expanding Bitcoin education initiatives and presenting the asset as part of its long-term economic strategy.

Last year, the country also overhauled its Bitcoin treasury structure, moving away from a single reused wallet and spreading its holdings across multiple addresses. Officials said the change followed digital-asset security best practices and reduced potential long-term exposure to quantum-computing threats.

The new structure keeps the addresses public, allowing observers to verify the reserve balance. However, it does not distinguish BTC bought with public money from private donations or transfers between government-controlled wallets.

That distinction now sits at the center of the disagreement. El Salvador’s reserve has grown by more than 1,500 BTC while the government continues to publicly promote daily purchases, but the IMF says the recent accumulation it verified did not require additional public spending.

The country clearly owns substantially more Bitcoin than it did a year ago. What remains unresolved is whether “one BTC per day” still describes government-funded purchases or simply the pace at which Bitcoin is entering the reserve.

The post El Salvador added 1,540 Bitcoin, but the IMF says Bukele’s government didn’t pay for them appeared first on CryptoSlate.

Solana’s v1 transaction format promises more than three times as much room per transaction, but RPC clients, indexers, relayers and fee sponsors that are not ready for it can fail in two very different ways: some systems stop, while others keep running with the wrong resource limits.

Solana’s live upgrade page still lists v1 as not activated on mainnet as of Sept. 4. Testnet is active and devnet is live in epoch 1140. A Solana changelog published Aug. 28 said v1 transactions were “coming soon,” leaving infrastructure operators a pre-activation window to update.

V1 raises the maximum payload from 1,232 bytes to 4,096 bytes, about a 3.3-fold increase. Legacy and v0 transactions keep their existing limits and behavior, so users and applications that continue using those formats do not need to migrate.

RPC consumers must pass the integer maxSupportedTransactionVersion: 1 when using getTransaction, getBlock or blockSubscribe. Without that opt-in, a v1 getTransaction request returns error -32015, one v1 transaction makes getBlock fail for the entire block, and blockSubscribe emits block: null and stops advancing at the first affected slot.

The parameter only tells the RPC service the highest format the client can decode. It does not request v1 data or change how legacy and v0 transactions are returned.

Other failures are quieter. V1 moves compute-unit limits, loaded-account data limits and priority fees into a transactionConfig object instead of ComputeBudget instructions. An indexer that keeps scanning those instructions will report a zero compute budget for every v1 transaction without raising an error.

Geyser and gRPC consumers face a related trap. The protobuf’s versioned flag is true for both v0 and v1. A stale consumer can therefore label v1 as v0 and preserve an empty budget. The fix is to regenerate the protobuf stubs and check for Message.config, field 7, before reading the flag.

Relayers, paymasters and other server signers must change their policy checks too. A sponsor that enforces a fee cap by scanning ComputeBudget instructions no longer has a binding cap because those instructions may appear in v1 but execute as no-ops. Servers must identify the 0x81 v1 prefix and enforce the fee and resource limits in transactionConfig. This is an application-control failure, not a consensus flaw or evidence that funds are automatically at risk.

Onchain programs face a harder constraint: Solana says no current sysvar or syscall exposes the v1 message configuration. Programs that gate behavior on introspected ComputeBudget instructions must stop relying on that check when v1 goes live.

Who needs to upgrade for Solana v1

The minimum reader-capable releases include @solana/kit 8.0.0, @solana/web3.js 3.0.0-rc.3, Rust solana-* 4.2.x, Python solders 0.29.0 and solana-go 1.23.0. The 1.x web3.js line can read v1 from 1.99.0-beta.0 but cannot build, sign or send it.

Yellowstone users need at least yellowstone-grpc-proto 12.6.0, geyser plugin 15.1.1, gRPC client 12.0.0 or @triton-one/yellowstone-grpc 6.0.0, depending on their stack.

Creating v1 transactions is optional. Teams that opt in must set compute-unit and loaded-account data limits explicitly because both default to zero, remove no-op ComputeBudget instructions, stop using address lookup tables and use base64 for payloads larger than 1,232 bytes. The immediate deadline is not a universal wallet migration. It is a compatibility test for every service that may read, index or sponsor somebody else’s v1 transaction.

The post Hidden Solana upgrade bug can freeze network readers and silently disable fee limits appeared first on CryptoSlate.

Bitwise has given the market a rare look inside an institutional XRP carry trade.

The Bitwise Crypto Carry Fund, or USCC, paired XRP held in custody with an almost equal short position in September Coinbase XRP futures. The structure was 97.48% matched by quantity, leaving limited exposure to a parallel move in XRP while positioning the fund to collect the premium between futures and spot.

At 4 p.m. EDT on Sept. 1, Bitwise's holdings table showed 10,781,438.36 XRP in custody and a displayed futures quantity of negative 10,510,000. The futures row carried a 14.57% implied-yield label.

The disclosure supports a specific conclusion about one private fund: XRP was serving as inventory for a near-market-neutral basis trade. Broader institutional XRP demand, including demand for Bitwise's separate spot product, remains outside the scope of this position.

How a 0.91% premium becomes a 14.57% annualized rate

The hedge coverage comes first. Dividing the futures quantity by the custody quantity produces a 97.48% offset and a residual long position of 271,438.36 XRP. The displayed notionals differ by $232,776.

The spread is the second number. Dividing each notional by its displayed quantity produces a spot-equivalent mark of about $1.3222 and a futures-equivalent mark of $1.3342. The futures level was therefore roughly 1.2 cents, or 0.91%, above spot.

Cash-and-carry strategies seek to monetize that gap. A fund buys the asset and sells a future trading above it; convergence at settlement can lock in the premium while much of the asset's directional move cancels between the two legs. Bitwise describes USCC as a qualified-purchaser fund built to capture futures premiums over spot across crypto markets.

Annualization produces the third, and largest, number. Bitwise defines holding-level implied yield as an annualized figure if the position is held to maturity or otherwise not sold. Its 14.57% label therefore expresses a short-term premium as a yearly rate. The two displayed XRP marks differ by 0.91%.

Realized investor returns use a separate measure. Bitwise reports the fund's 30-day yield separately and lists a 0.75% management fee. The public methodology leaves the XRP line's treatment of execution, financing, custody, margin and roll costs unspecified, so 14.57% is best read as Bitwise's annualized implied rate for the displayed futures holding.

Residual risks remain even with a 97.48% quantity match. Spot and futures prices can move differently before settlement, the fund must maintain custody and margin, and the cash-settlement benchmark may differ from the price available for its custody inventory. The remaining 271,438.36 XRP also retains direct price exposure.

The public table supports the quantity comparison while leaving the contract count unresolved. A Coinbase Derivatives filing specifies 10,000 XRP for its standard monthly XRL future. Coinbase lists multiple XRP futures products, however, and Bitwise identifies the venue and month without publishing a product code. Any conversion of the displayed quantity into a number of contracts would therefore be conditional.

CFTC positions reveal a mixed futures market

The economic source of a positive basis is the price that futures buyers accept above contemporaneous spot. Exchange clearing turns that premium into a market-level relationship, while public reports end at broad customer categories.

The CFTC's Traders in Financial Futures report provides category-level context. As of Aug. 25, standard Coinbase XRP futures had 20,518 contracts of open interest. Dealer and intermediary accounts held 17,853 long contracts, and asset manager and institutional accounts held another 1,800 longs.

Leveraged funds sat on the other side of the popular narrative. They held 13,822 outright shorts and no outright longs in that category. Other reportable traders held 4,824 shorts, while nonreportable traders held 1,011.

That snapshot places leveraged funds predominantly on the short side, alongside the direction of USCC's disclosed hedge. The category totals leave Bitwise's identity, matched counterparties and September-specific positioning undisclosed. The CFTC figures cover listed maturities and predate the USCC holdings table by seven days.

The sharper institutional contrast appears within Bitwise's own product range. The Bitwise XRP ETF reported 361,995,068.31 XRP in trust worth about $531.3 million as of Sept. 2. Its SEC filing defines the trust's objective as exposure to the value of the XRP it holds, less expenses, and says XRP is its sole asset.

USCC displayed a paired spot-and-futures position. The XRP ETF displayed XRP held for spot exposure through a trust. The observable product designs show two different uses of the same asset under the Bitwise name. The ETF materials leave investor hedging unaddressed.

Bitwise's 14.57% figure ultimately shows how attractive one XRP forward premium looked to one portfolio on one date. The holdings disclosure documents a substantial carry trade and quantifies how little directional XRP exposure remained after the hedge. The identities of the futures buyers remain private, and the institutional-wide mix between directional and basis demand remains unresolved beyond this named fund.

The post Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders appeared first on CryptoSlate.

Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.

The group is urging organizations to adopt post-quantum security before powerful computers can compromise today’s encryption and digital signatures.

The prediction market platform's new Perps product scaled from 10 markets to 67 on its first day—though the 20x leverage ceiling only applies to some of them, and none of it reaches U.S. traders.

A meme coin called BONER cornered half of Hims & Hers Health's tokenized shares on Robinhood's new blockchain. It started a new trend that's spreading fast.

Lawyers question AMC’s grounds for a securities-law challenge, but say the tokens’ branding and marketing could leave room for a dispute.

XRP stabilizes at $1.40, but on-chain data shows whales are waiting for a $1.25 pivot point to buy the dip before the massive Sept. 15 catalyst.

Shiba Inu is staying on the verge of a potential correction, but the outflow dynamic might help the price greatly.

The current structure of the market might push altcoins and memecoins towards new heights.

Raghuram Rajan, the former governor of the Reserve Bank of India, will join Ripple’s Swell 2026 conference.

Robinhood's Vlad Tenev backs the $104 million "stock token" market, defying AMC's legal threats over on-chain trading.

TLDR

• Hawthorn completes FSC merger and expands its banking network to 27 locations
• HWBK stock rises as Hawthorn closes FSC deal and grows regional bank footprint
• Hawthorn Bank reaches 27 locations after completing FSC Bancshares acquisition
• FSC merger lifts Hawthorn’s scale with $2.2 billion in combined total assets
• Hawthorn targets first quarter 2027 for Farmers State Bank customer conversion

Hawthorn Bancshares completed its FSC Bancshares merger, expanding Hawthorn Bank to 27 locations across Missouri and Kansas. HWBK stock rose 0.66% to $39.84 after recovering from an early decline. The transaction broadens Hawthorn’s regional reach and adds Farmers State Bank customers to its platform.

Hawthorn Bancshares, Inc., HWBK

Hawthorn Completes FSC Bancshares Merger

Hawthorn completed the FSC Bancshares merger on September 3, with Hawthorn remaining the surviving holding company. Farmers State Bank also merged into Hawthorn Bank under the completed transaction. Hawthorn Bank now controls the combined banking operations and larger customer base.

The deal expands Hawthorn across northern, central, western, and mid-Missouri, while retaining one location in Kansas. Hawthorn Bank now operates 27 banking offices after adding the Farmers State Bank network. The larger footprint gives Hawthorn broader access to households and businesses across regional markets.

The transaction increases the combined company’s total assets to approximately $2.2 billion. That larger base gives Hawthorn more scale across lending, deposits, and financial services. The company also adds new communities while maintaining its relationship-based regional banking model.

Integration Targets First Quarter of 2027

Hawthorn Bank has started preparing Farmers State Bank for integration into its existing platform. The company expects the main customer conversion during the first quarter of 2027. Until then, Farmers State Bank customers can continue using current banking centers and digital services.

Customers will retain access to the existing Farmers State Bank website and mobile application during the transition. Hawthorn plans to provide detailed information before transferring customers onto its systems. The staged process supports continuity while Hawthorn combines operations, technology, and customer services.

The merger also allows Hawthorn to offer broader financial products across the acquired customer base. Farmers State Bank customers will gain access to Hawthorn’s larger resources after conversion. Meanwhile, branch teams will continue serving local communities throughout the integration period.

Hawthorn Expands Regional Banking Footprint

Hawthorn Bank operates from Jefferson City, Missouri, and has built a strong regional presence. The FSC acquisition extends that network and increases Hawthorn’s reach across several Missouri communities. The expanded branch base strengthens its position across local commercial and consumer banking markets.

Several advisers supported both companies through the merger and closing process. Raymond James advised Hawthorn financially, while Hunton Andrews Kurth provided legal counsel. Northland Capital Markets advised FSC, while Stinson handled legal work and Olsen Palmer issued a fairness opinion.

The completed merger gives Hawthorn greater scale without changing its regional banking focus. Hawthorn now enters integration with 27 locations and approximately $2.2 billion in assets. The company will focus on completing customer conversion and unifying the acquired banking operations.

The post Hawthorn Bancshares (HWBK) Stock : Rises as FSC Bancshares Merger Expands Bank Footprint to 27 Locations appeared first on Blockonomi.

TLDR

• HPQ rises 1.61% as HP expands its premium lineup with new OmniBook laptops.
• HP unveils OmniBook Ultra 16 and X 14 for creators, developers, and gamers.
• OmniBook Ultra 16 offers up to 128GB memory and strong local AI performance.
• OmniBook X 14 adds portable performance with OLED display and fast charging.
• HP also previews OmniDesk as it expands high-performance computing beyond laptops.

HP Inc. (HPQ) shares advanced Friday after the company expanded its computer lineup with AI-focused OmniBook models. HPQ rose 1.61% to $32.44 after recovering from morning losses and holding most afternoon gains. The launch expands HP’s high-performance computer push for creators, developers, gamers, and advanced users.

HP Inc., HPQ

HP Expands Premium AI PC Lineup

HP introduced the OmniBook Ultra 16 and OmniBook X 14 with NVIDIA RTX Spark and Windows. Both laptops support AI tools, creative applications, personal assistants, and demanding workloads. HP first previewed the platform at Computex in June before providing fuller details.

The OmniBook Ultra 16 targets developers, creators, gamers, and entrepreneurs handling projects. Configurations offer up to 128GB of unified memory and one petaflop of FP4 performance. HP also added a tower hinge, larger heat pipes, and dual fans for sustained workloads.

The laptop includes a 16-inch 3K OLED display and speakers with smart amplifiers. Its 99Wh battery delivers up to 17 hours under HP’s stated conditions. Fast charging can restore about 50% capacity in roughly 30 minutes with supported equipment.

OmniBook X 14 Focuses on Mobility

The OmniBook X 14 brings computing features into a smaller portable design. HP targets users combining work, content creation, entertainment, and mobile computing. The system combines local AI functions, RTX graphics, and creator tools in a thin body.

For cooling, HP uses thermal architecture, heat pipes, and optimized airflow inside the chassis. The laptop includes an OLED display designed for strong contrast and detailed visuals. HP aims to preserve portability while supporting demanding computing tasks.

The OmniBook X 14 offers up to 15 hours of battery life under stated conditions. A 140W USB-C GaN adapter supports fast charging away from fixed locations. Compatible charging can restore about 50% capacity in approximately 30 minutes.

OmniDesk Extends HP’s Desktop Push

HP also outlined its upcoming OmniDesk, extending the same computing strategy beyond portable devices. The compact desktop targets users running long tasks, local applications, and workloads. HP designed the system to keep active processes running when users step away.

HP has not released full OmniDesk specifications, pricing, or final availability details. The company plans to provide more information closer to the desktop’s commercial release. This leaves room for HP to finalize hardware features and positioning.

HP expects the OmniBook Ultra 16 to reach HP.com and Best Buy during the fall. The OmniBook X 14 should also launch this fall through HP.com and other retailers. HP has not announced pricing for either laptop or the OmniDesk.

The post HP Inc. (HPQ) Stock: Rises as OmniBook Ultra 16 and OmniBook X 14 Expand AI PC Lineup appeared first on Blockonomi.

TLDR

• Microsoft stock falls to $500 as strong cloud growth supports its results
• Azure revenue jumps 43% as Microsoft expands its cloud and AI infrastructure
• Nadella sells $43 million in Microsoft shares under a pre-arranged trading plan
• Microsoft reports $90 billion in quarterly revenue, up 18% from last year
• Microsoft adds 31 data centers as cloud growth rises and margins face pressure

Microsoft (MSFT) shares opened at $500.04, down 1.98%, as the stock fell below key technical support levels. The decline pushed shares below $507.50 and $505.00, while $500.00 became the latest level under pressure. However, Microsoft’s latest quarterly results showed strong cloud growth and higher earnings despite heavy infrastructure spending.

Microsoft Corporation, MSFT

Stock Decline and Nadella Sale

Chief Executive Officer Satya Nadella sold about $43 million of Microsoft shares on September 1, according to an SEC filing. He sold 86,525 shares through several transactions, with weighted average prices ranging from $498.24 to $505.20. After completing the sales, Nadella directly owned about 486,763 Microsoft shares.

Microsoft disclosed that Nadella adopted the trading plan on March 8, 2026, during a regular open trading window. The plan required selling 80% of net shares received from an August 31 performance-stock award. Additionally, the plan prohibited transactions before August 31, linking the sale to that arrangement.

The transaction came from a pre-arranged Rule 10b5-1 plan rather than a newly announced insider stock sale. Microsoft said the plan covered shares connected to Nadella’s performance-stock award. Consequently, the filing does not show a new change in Microsoft’s operating plans.

Cloud Growth Remains Strong

Microsoft reported fiscal fourth-quarter revenue reached $90 billion, representing an 18% increase from the prior year. Net income reached $35.8 billion, rising 31%, while Azure and other cloud services revenue increased 43%.  Microsoft Cloud revenue grew 27% to $59.3 billion during the reported quarter.

Commercial remaining performance obligations increased 84% to $678 billion, according to Microsoft’s quarterly results. The figure represents contracted business that Microsoft expects to recognize as revenue over future reporting periods. Meanwhile, Azure growth supported the broader cloud business as demand for computing and artificial intelligence services increased.

Microsoft added 31 new data centers during the quarter as it expanded its infrastructure for cloud and artificial intelligence workloads. The expansion also increased spending, while Microsoft Cloud gross margin stood at 65% in the fourth quarter. These figures show infrastructure growth alongside pressure on Microsoft Cloud margins during the quarter.

Market Levels and Business Context

The stock’s decline leaves $500.00 as an immediate level, while $502.50 marks a nearby recovery level. A move below $500.00 would place $497.50 in focus, while a return above $502.50 would improve short-term price stability. However, the chart still shows selling pressure after the stock fell from levels above $507.50.

Microsoft’s latest operating figures present a different picture from the stock’s short-term movement. Revenue, earnings, Azure growth, and commercial commitments all increased during the quarter. At the same time, Microsoft continued expanding data center capacity for cloud and artificial intelligence operations.

Microsoft’s current market picture combines short-term share price pressure with strong reported business growth. Nadella’s share sale followed a trading plan established months before the transaction occurred. Meanwhile, cloud expansion, higher earnings, rising commitments, and infrastructure investment remain central to Microsoft’s latest quarterly results.

The post Microsoft (MSFT) Stock: Faces Pressure Despite Strong Cloud and AI Growth appeared first on Blockonomi.

TLDR

• Polyrizon closes a $4 million financing with a single institutional buyer
• PLRZ falls 3.34% to $12.00 after the company completes the September financing
• Registered direct offering includes 232,500 ordinary shares and 30,000 warrants
• Private placement adds 70,833 pre-funded warrants and 333,333 common warrants
• Polyrizon plans to use the net proceeds for working capital and corporate needs

Polyrizon Ltd. (PLRZ) shares traded at $12.00, down 3.34%, after the company completed a $4 million financing. The biotech company closed a registered direct offering and concurrent private placement with one institutional buyer on September 4. The transaction adds working capital, while newly issued shares and potential warrant exercises expand the company’s outstanding equity base.

Polyrizon Ltd., PLRZ

Polyrizon Completes $4 Million Financing

Polyrizon sold 333,333 units and pre-funded units at a combined price of $12.00 for each unit in the financing. Each unit included one ordinary share, or one pre-funded warrant, together with one common warrant for another ordinary share. The company structured the transaction through a registered direct sale and a simultaneous private placement with the same buyer.

Under the registered direct portion, Polyrizon issued 232,500 ordinary shares and 30,000 pre-funded warrants to the institutional buyer. The company priced each ordinary share at $12.00 and each pre-funded warrant at $11.99999 under the transaction terms. Those pre-funded warrants carry a nominal $0.00001 exercise price and remain immediately exercisable until holders exercise them completely.

The private placement added 70,833 PIPE pre-funded warrants and 333,333 PIPE common warrants to the overall financing package. The common warrants carry a $12.00 exercise price, matching the combined unit price used across the September financing transaction. Meanwhile, the PIPE pre-funded warrants require registration before exercise because the company issued them through the unregistered placement.

New Shares and Warrants Expand Dilution Exposure

The financing increased Polyrizon’s share count because the company issued 232,500 ordinary shares through the registered offering. Additional shares can enter circulation when holders exercise pre-funded warrants, subject to the applicable registration terms for PIPE securities. Common warrant exercises could create further dilution because each warrant allows its holder to purchase one additional ordinary share.

Pre-funded warrants function differently from standard warrants because buyers pay nearly the full share purchase price when acquiring the instrument. Therefore, holders only need to pay the nominal exercise amount before receiving the related ordinary shares after satisfying applicable conditions. This structure can make conversion more likely because the remaining exercise cost stands far below the ordinary share purchase price.

Existing shareholders may consequently own a smaller percentage of Polyrizon after the company issues shares tied to these financing instruments. However, the transaction also provides fresh capital that Polyrizon can deploy across operations and other general corporate requirements. The balance between added liquidity and expanded share supply now forms the main financial context surrounding the completed transaction.

Polyrizon Plans Capital for Working Needs

Polyrizon expects to combine the financing proceeds with existing cash for general corporate purposes and working capital requirements. The company reported approximately $4 million in gross proceeds before placement fees, legal expenses, and other transaction-related costs. Consequently, the amount available for operations will remain below the stated gross proceeds after Polyrizon pays those financing expenses.

Aegis Capital acted as the exclusive placement agent, while legal advisers supported Polyrizon and the placement agent during closing. The registered direct offering relied on Polyrizon’s effective Form F-3 shelf registration statement declared effective in December 2025. The company also agreed to file registration statements covering resale of shares linked to securities issued through the private placement.

Polyrizon remains a development-stage biotechnology company focused on intranasal hydrogel products delivered through nasal spray applications and related platforms. Its Capture and Contain technology aims to form a thin nasal barrier that limits contact with viruses and allergens. The company also develops Trap and Target technology for intranasal delivery of active pharmaceutical ingredients during earlier preclinical development stages.

The post Polyrizon Ltd. (PLRZ) Stock: Company Closes $4 Million Deal With Institutional Investor appeared first on Blockonomi.

TLDR

• Campbell’s CEO and CFO will join Barclays’ consumer staples chat on September 9
• CPB trades near $21.40 as management prepares for the Barclays conference next week
• Campbell’s fiscal 2026 sales reached $9.7 billion as annual sales declined 5%
• Management targets $500 million in cost savings by fiscal 2030 after weak results
• Barclays event follows Campbell’s fiscal 2026 earnings update by under one week

The Campbell’s Company shares traded at $21.40, down $0.73, after the food maker announced another senior management appearance Friday. Chief Executive Mick Beekhuizen and Chief Financial Officer Todd Cunfer will speak at a Barclays consumer staples conference next week. The event follows Campbell’s latest annual results and gives management another scheduled forum to discuss the company’s operating priorities.

Campbell Soup Company, CPB

Barclays Event Puts Campbell’s Leadership in Focus

Campbell’s said Beekhuizen and Cunfer will join a fireside chat on Wednesday, September 9, at 2:15 p.m. ET. Barclays will host the discussion during its 19th Annual Global Consumer Staples Conference, which features major consumer companies. The appearance places Campbell’s senior leadership before an audience focused on packaged food, consumer demand, pricing, margins, and corporate strategy.

The company will provide a listen-only live webcast through the Events and Presentations section of its investor relations website. Campbell’s also plans to make a replay available through the same online location after the event concludes for later access. Therefore, shareholders and analysts can access management’s discussion even if they cannot follow the scheduled live session that afternoon.

Beekhuizen leads Campbell’s as president and chief executive officer, while Cunfer serves as executive vice president and chief financial officer. Both executives also led the company’s September 3 question-and-answer session covering fourth-quarter and full-year fiscal 2026 results. Their Barclays appearance follows that earnings update by less than one week and keeps management’s recent messaging in focus.

Fiscal 2026 Results Set the Backdrop

Campbell’s reported fiscal 2026 net sales of $9.7 billion, down 5% from the previous fiscal year through August 2. Organic net sales declined 2%, while adjusted earnings per share fell 27% to $2.17 for the full year. Operating cash flow reached $1.0 billion, providing another important measure of financial performance as management advances through fiscal 2027.

The Meals and Beverages division produced $5.93 billion in annual sales, while Snacks generated $3.82 billion. Reported sales declined 4% in Meals and Beverages and 6% in Snacks during fiscal 2026 year over year. Segment operating earnings also declined as inflation, supply-chain costs, tariffs, and softer demand pressured results across the company’s portfolio.

Campbell’s also outlined new actions designed to improve profitability, reduce expenses, and strengthen its balance sheet this week. The company now targets $500 million in cost savings by fiscal 2030 and has reset its quarterly dividend. Management has increased its focus on pricing, productivity, brand spending, debt reduction, and operational discipline entering the new fiscal year.

Campbell’s Keeps Focus on Core Food Brands

Campbell’s operates two main divisions and maintains a portfolio built around established North American food brands. Meals and Beverages includes Campbell’s, Prego, Pace, Rao’s, Swanson, V8, Pacific Foods, and several other products. Snacks includes Goldfish, Pepperidge Farm, Cape Cod, Kettle Brand, Lance, Late July, Snack Factory, and Snyder’s of Hanover.

The Camden, New Jersey-based company traces its history to 1869 and has operated for more than 155 years. Its business remains centered on packaged meals, sauces, beverages, snacks, and other grocery products sold across North America. That broad portfolio gives management several operating areas to address during major consumer industry conferences and financial presentations.

The Barclays appearance does not include a newly announced earnings report, acquisition, divestiture, or other strategic transaction. Instead, it provides another public forum shortly after Campbell’s issued fiscal 2027 guidance and detailed its expanded cost program. The discussion may therefore cover execution, consumer demand, margins, pricing, brand performance, savings targets, and balance-sheet priorities.

The post The Campbell’s Company (CPB) Stock: Top Executives to Join Barclays Fireside Chat appeared first on Blockonomi.

[PRESS RELEASE – Toronto, Canada, September 4th, 2026]

CoinRabbit has been named Best Crypto Lending Platform 2026 by International Business Magazine, highlighting a lending product that has issued more than $1.45 billion in loans since 2020.

About the International Business Magazine Award

The International Business Magazine Awards recognize companies and executives making a significant impact across global industries. The selection process combines public nominations with jury review, with nominees assessed on their work, progress, and contribution to their respective industries.

For CoinRabbit, the award comes at an important stage in the company’s development. It is moving beyond borrowing against crypto and building a broader ecosystem for managing digital-asset capital.

Why CoinRabbit Was Named the Best Crypto Lending Platform

The Best Crypto Lending Platform 2026 award recognizes the work CoinRabbit has put into its ecosystem. The platform provides borrowers with fast access to liquidity and confidence that their funds remain secure. CoinRabbit maintains a clear no-rehypothecation policy, giving clients greater certainty that their collateral is not being reused or lent out elsewhere.

That focus on a predictable borrowing experience has remained central as CoinRabbit has expanded the product. There is no traditional credit check because crypto collateral does the underwriting, and the lending process takes about 10 minutes whether a client is borrowing a few hundred dollars or managing a six-figure position.

The award jury also highlighted CoinRabbit’s Private Program as a high-touch approach for clients with significant balances. Designed for portfolios of $500,000 and above, it offers a more personalized way to manage assets around each client’s financial goals, liquidity needs, and timing. As part of CoinRabbit’s broader digital-asset ecosystem, the program gives clients a more private banking-style experience.

Capital Preservation at the Core

CoinRabbit is expanding into capital management, but lending remains at the core of the business. By giving clients access to liquidity without a need to sell their crypto, it helps preserve capital and keep assets invested for the long term.

Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, commented:

“We’ve spent years building and refining the product, and it’s rewarding to see that work recognized. At the same time, CoinRabbit is becoming more than just a lending platform. With the Private Program, we’re bringing a private credit approach to managing crypto. Clients can work directly with a success manager to find the right strategy for their needs, with a more tailored way to build crypto capital. We also continue to improve the core lending product, keeping it simple. For us, the goal is to make both sides of the business stronger as we grow.”

As CoinRabbit evolves, capital preservation remains a central idea behind the company’s products and services.

About CoinRabbit

CoinRabbit is a crypto asset management platform built for long-term capital preservation. It provides flexible liquidity management across multiple environments. Instant payments and lending, yield and trading products, and also the Private Program are available from a single platform. Since 2020, CoinRabbit has maintained a 100% capital reserve model, ensuring that client assets are fully reserved and never rehypothecated.

The post CoinRabbit Wins “Best Crypto Lending Platform 2026” Award from International Business Magazine appeared first on CryptoPotato.

The price rally initiated by the cross-border token in mid-August was halted at $1.70, and the subsequent correction drove it south hard to under $1.35. However, the asset managed to rebound swiftly and now sits above a key support level at $1.40.

This has provided additional fuel to popular bullish analysts such as EGRAG CRYPTO to map out XRP’s next move, which could take it north by almost 100%.

Is $2.70 on the Map for XRP?

The token’s recovery coincided with a substantial increase in trading activity as the spot volume across major exchanges skyrocketed to its highest level since February in late August. Binance alone handled almost $7.3 billion in XRP spot trades, followed by South Korea’s Upbit ($4.7 billion) and Bithumb with $2.6 billion.

EGRAG argued that XRP is now attempting to establish a bullish continuation pattern after recovering from the recent pullback that drove it from $1.70 to $1.33 in just over a week. The key here will be whether buyers can reclaim the resistance area that has repeatedly capped the asset’s breakout attempts.

If XRP is finally successful, it could aim at $2.70, said EGRAG, which would be a 100% move from the recent lows. However, there are still several hurdles in place.

The first major resistance level stands at $1.50, followed by the next at $1.60. Only if XRP is able to decisively close above both on the daily, it would have the opportunity to target the psychological $2.00. If it doesn’t, it can rely again on the $1.25-$1.30 support, which was already tested successfully recently.

Demand Still Present

Aside from the hurdles, there are some encouraging signs behind the latest leg up. Perhaps the most notable comes from the ETF inflows, as the financial products registered their best week in 2026 at the end of August, attracting over $110 million. The cumulative net inflows consequently tapped a new all-time high of $1.66 billion. Although the trend cooled in the past week, the funds still closed in the green as they have done for the past two months straight.

Ripple whales have also been on a substantial accumulation spree lately. Although these positive developments do not guarantee that EGRAG’s $2.70 target will materialize, they show that demand is still present despite the underlying asset’s rejection at $1.70. However, before it aims at $2.70, XRP would have to overcome other key resistance lines, with the first located at $1.50.

The post XRP Bulls Defend Key Level as Analyst Envisions Another 100% Rally appeared first on CryptoPotato.

Coinbase said this week it filed notice registrations with the US Securities and Exchange Commission (SEC) to offer single-stock perpetual futures domestically, according to a post from the company’s official account.

The move adds another regulated derivatives product to Coinbase’s US lineup and comes as regulators continue sorting out how perpetual contracts should be classified under American law.

Coinbase Files for US Single-Stock Perps

“We’re working to bring single stock perps to the US,” Coinbase wrote, adding that it plans to work with both the SEC and the CFTC to bring more major financial products onshore.

The company shared images of two filings, both submitted on September 1. The first is a Form 1-N from Coinbase Derivatives, LLC, the entity through which the exchange already offers other futures products. The second is a Form BD-N from Coinbase Financial Markets, Inc., registering as a security futures product broker-dealer under Section 15(b)(11) of the Securities Exchange Act of 1934.

Neither filing guarantees the product launches on any set timeline. Notice registrations open the door for a broker or exchange to offer a given product, while approval and any conditions attached to it still rest with regulators.

The filing also comes alongside a broader push into tokenized products, with Coinbase launching tokenized stock trading for customers outside the US in August, alongside options trading and real-world-asset perpetual futures tied to equity indices.

It also rolled out pre-IPO perpetual futures starting with SpaceX, with Anthropic and OpenAI contracts expected to follow, a corner of the market that grew more than tenfold in volume since May, to around $12 billion, according to CryptoQuant.

A Product Category Still Being Fought Over

Perpetual futures carry no expiration date, letting traders bet on an asset’s price without owning it, and the US market for them is new.

In May, the CFTC approved Kalshi to offer Bitcoin perpetual futures, the first time the product cleared for the US market, and a decision CME Group said it would challenge in court on the grounds that perpetuals should be regulated as swaps rather than futures.

At the time, CME CEO Terrence Duffy noted that the company spent eight months preparing the case and argued that its exclusive licensing deals with benchmark providers mean any perpetual contract tied to those benchmarks still has to run through CME.

CFTC Chair Michael Selig has defended the original approval as a way to bring regulated, expiration-free products onshore under US oversight.

The post Coinbase Files With SEC to Bring Single-Stock Perpetual Futures to US Investors appeared first on CryptoPotato.

South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds and investment funds into blockchain-based tokens, with the earliest phase due to start in February 2027 once an amendment to the Electronic Registration Act takes effect.

The plan links the country’s securities market to a stablecoin payment system that regulators want built by the time the rollout reaches its final stage.

Seoul Lays Out a Three-Step Timeline

The FSC’s roadmap, presented during the third private-public consultative meeting on securities tokenization, breaks the transition into three stages.

Phase one starts in February 2027 and covers privately pooled money market funds and bonds reserved for institutional investors, unlisted stocks held through trust structures, and publicly offered fractional investment securities.

Phase two widens the pool to every type of publicly offered security. But the third phase is the more ambitious one: an on-chain payments system tied to stablecoins, though the FSC says the pace of phases two and three depends on how the first rollout goes, how fast the market adapts, and where pending stablecoin legislation ends up.

The commission also published model standards for fractional investment, capping individual subscriptions at whichever is smaller between 30 million won ($22,200) and 5% of an issuance, and requiring issuers to reserve a minimum retail allocation.

Trading tokenized securities over the counter won’t need a separate license, though firms must consult the Financial Supervisory Service first, and retail investors face an annual cap of 100 million won ($74,000) in net purchases per exchange.

Entities that manage tokenized securities accounts will need at least 4 billion won, which is about $2.9 million, in equity and dedicated staff for account management, internal control, and IT security, while the Korea Securities Depository is finalizing the technical checks that securities firms must pass before connecting to the shared ledger.

Revised rules under the FSCMA and the Electronic Registration Act are due by the end of September.

The Risk Other Regulators Have Already Flagged

As CryptoPotato reported previously, the IMF warned in an April note that tokenization strips out the settlement delays banks rely on to manage liquidity, delays that also give regulators time to step in before a crisis hardens.

The fund pointed to liquidity pressure, thin oversight of smart contracts, and the difficulty of policing assets that cross borders as the main risks, arguing that public infrastructure such as central bank digital currency (CBDC) is what keeps tokenized markets from making instability worse.

South Korea has also moved quickly against platforms it views as skirting its rules, with authorities blocking domestic access to Polymarket in August over concerns that the platform amounts to unlicensed gambling, joining a growing list of countries that have restricted it since last year.

The post South Korea Plans Stablecoin-Based Tokenization by 2027 appeared first on CryptoPotato.

The world’s largest cryptocurrency exchange advised its clients to be extremely cautious amid a rise in phishing attacks targeting crypto investors.

Here are the necessary steps that could lead to better protection against such wrongdoers.

Don’t Act Before You Think

Binance explained that attackers send fake “security alert” text messages to trick users into clicking malicious links, potentially resulting in devastating losses.

The team revealed that such scams are often disguised as a notification that seems official, such as “Your account settings were changed: or “Suspicious login detected.” Additionally, they can contain a shortened link asking users to “verify immediately” and create urgency for victims to act before they think.

“Remember: Binance will never ask you to tap a link in a text message to “verify” or “secure” your account,” the company clarified.

It also outlined three vital steps that can enhance protection. First, people should never click on unfamiliar links; instead, they should check their legitimacy using Binance Verify.

Next, users must turn on Withdrawal Address Whitelist in their security settings. “Once enabled, funds can only go to addresses you’ve pre-approved,” the message reads.

Third, people should enable Anti-Phishing Code and remember that genuine Binance emails will always include users’ unique codes. If the message doesn’t have it, then it’s not from the exchange.

Last but not least, Binance advised those receiving suspicious texts or who have already tapped a link to contact the official customer support immediately through the application.

Recent Binance Updates

The company has been quite active lately, delisting certain cryptocurrencies that no longer meet the required criteria and adding others to align with the latest market trends.

Last month, it announced that it will terminate all services with ICON (ICX), Secret (SCRT), and Storj (STORJ). The delisting took place yesterday (September 3), yet the prices of the affected tokens plunged sharply immediately after the disclosure.

Such reactions are normal, since Binance remains the largest crypto exchange, and withdrawing support results in reduced liquidity, diminished availability, and reputational damage. Declines of that magnitude were also observed in June for Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP), and Marlin (POND) after the company said goodbye.

Earlier this week, the exchange added PONS to its Binance Alpha section (an early-stage discovery hub featuring emerging cryptocurrencies before they potentially receive official support). The trending altcoin headed north after the news and continued its impressive performance. It has skyrocketed by roughly 1,500% over the past two weeks, while its market capitalization has neared $500 million.

The post Binance Issues a Critical Scam Warning: Details Inside appeared first on CryptoPotato.