Circle gains Binance backing in USDC-Tether race
Circle secured a $100 million Binance investment and five-year USDC deal as it competes with Tether for stablecoin market share.
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Payward expands Kraken with $2B acquisition push
Payward is building beyond Kraken with derivatives, banking, tokenized stocks and B2B infrastructure backed by major acquisitions.
Bitget offers 5% bounty for freezing funds stolen in $351.6M attack
Bitget has launched a recovery bounty offering 5% for freezing stolen assets and another 5% for recovering them after an attack it initially valued at $351.6 million. Bitget CEO Gracy Chen announced the bounty on X and called on exchanges,…
Backpack CEO plans to bring 10,000 tokenized stocks to Solana
Backpack CEO Armani Ferrante has laid out a plan to expand tokenized stock access on Solana from about 200 symbols to 10,000, with shares moving between brokerage accounts and decentralized finance through one API. According to a post shared by…
Quant, Ethena and Bitway lead weekly crypto gains, can they hold?
Bitcoin has gained about 3.8% over seven days as U.S. spot Bitcoin ETFs have drawn $2.39 billion this week, while Quant, Ethena and Bitway have led the 100 largest crypto assets by weekly price gain. According to CoinGecko, Bitcoin traded…
Kalshi lost another appeals case. Can states regulate prediction markets as gambling?
The Sixth Circuit ruled against Kalshi in Ohio and Tennessee a month after another appeals court sided with Nevada. New Jersey still has a conflicting ruling. The question for a national market is now practical as well as legal: can…
Bitget to resume withdrawals in stages starting Sep. 28 after security incident
Bitget has set a Sep. 28 restart for Bitcoin withdrawals after a Sep. 24 security incident, with Ether, USDT, and other withdrawal services scheduled to follow through Oct. 2. Bitget said in an update that its technical team had identified…
Solana’s Alpenglow upgrade reaches devnet with 150ms finality target
Solana’s Alpenglow upgrade has reached its public developer network, letting application teams test a system designed to cut transaction finality from about 12.8 seconds to roughly 150 milliseconds. According to the Solana Foundation’s upgrade page, Alpenglow is now active on…
Ripple’s RLUSD supply nears $2.5B as XRPL stablecoins climb 6%
Ripple’s RLUSD has reached a circulating supply of about 2.49 billion tokens as the value of stablecoins on the XRP Ledger has risen roughly 6% in a week. CoinMarketCap data places RLUSD’s circulating supply at approximately 2.49 billion tokens and…
Zcash price gains 100% in a month as co-founder repeats $5,000 call
Zcash price has gained about 102% over the past month to trade near $1,535 as co-founder Eli Ben-Sasson has repeated his forecast that ZEC will reach $5,000 by the end of 2026. Ben-Sasson said in a recent X post that…
Bitcoin price faces $85,000 resistance as oscillator turns negative
Bitcoin price traded near $84,000 on Sep. 26 after retreating about 4% from its weekly high of $87,363. Sell orders clustered above the price, while the daily chart showed BTC holding well above its 20-day midpoint. Bitcoin faces sell orders…
Bitcoin ETFs draw $2.39 billion in a week of inflows
U.S. spot Bitcoin exchange-traded funds took in $2.39 billion during the Sep. 21–25 trading week, with net inflows on all five days. Spot Ether ETFs added $689.8 million, while Solana funds drew $188.1 million. According to Farside Investors, Monday’s $999…