Treasury Secretary Bessent Urges Senate to Pass Crypto Clarity Act
Summary: US Treasury Secretary Scott Bessent urged the Senate to pass the crypto market structure bill next week, warning that delay signals unwillingness to lead on digital assets.
Latest News
Hackers Drain $320M From Liquid Network; 85% Returned
Summary: Purported white-hat hackers exploited a validation flaw in the Liquid Network to withdraw $320 million in BTC, returning 85% after Blockstream patched the vulnerability.
Block Applies for OCC Charter to Launch Bitcoin Custody Bank
Summary: Block Inc. has applied to the Office of the Comptroller of the Currency to establish Builders Bank & Trust, aiming to provide federally regulated custody and fiduciary services for bitcoin and stablecoins.
Crypto, Banks Lobby Senators Ahead of Clarity Act Vote
Summary: Crypto advocates and community bankers intensified lobbying in senators' home states before the September 15 procedural vote on the Clarity Act.
Consensys splits into MetaMask and institutional blockchain firm
Summary: Ethereum software company Consensys plans to separate its consumer business, MetaMask, from its institutional infrastructure operations by the end of 2026.
Apple Debuts Siri AI, A20 Pro Chip; Foldable iPhone Duo Priced at $1,999
Summary: Apple launched its redesigned Siri AI and the first 2-nanometer A20 Pro chip under new CEO John Ternus, while confirming a $1,999 foldable iPhone Duo arriving in October.
IonQ Unveils Superion 256 Quantum Computer for 2027 Delivery
Summary: IonQ has unveiled its Superion 256 quantum computer, opening orders for systems scheduled for delivery in 2027 as the company aims to scale production using semiconductor manufacturing techniques.
Bitcoin stalls below $80K as yen strength and oil surge weigh on markets
Summary: Bitcoin failed to reclaim $80,000 amid yen appreciation and rising oil prices, while US Treasury Secretary Scott Bessent signaled continued intervention support.
U.S. Bank completes live cross-border stablecoin pilot on Stellar
Summary: U.S. Bank executed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar network, validating its internal digital asset platform.
Prediction Markets Shift to High Oil as Brent Tops $100
Summary: Brent crude surpassed $100 following geopolitical escalations, prompting prediction market traders on Myriad and Polymarket to heavily favor higher oil price outcomes.
Tether, Fasanara launch $400M private credit fund targeting $3B
Summary: Tether and Fasanara Capital have launched StableFund, a $400 million evergreen private credit vehicle aiming to raise up to $3 billion from institutional investors.
Trade groups seek injunction to block Illinois crypto tax
Summary: The Crypto Council for Innovation and Blockchain Association filed a motion for a preliminary injunction in Illinois to halt a 0.2% cryptocurrency transaction tax before its January 2027 effective date.
VerifiedX Launches $15M Round for Institutional Bitcoin Infrastructure
Summary: VerifiedX has initiated a $15 million financing round, led by Cantor Fitzgerald as investment banker, to deploy institutional Bitcoin infrastructure including custody and lending.
Germany Drafts Flat 25% Crypto Tax for Assets Bought From 2027
Summary: A German ministry draft proposes a flat 25% tax on crypto gains from January 2027, ending the current twelve-month holding exemption for new purchases.
Consensys Splits Consumer and Institutional Units by End of 2026
Summary: Consensys Software Inc. will separate its consumer and institutional businesses by the end of 2026, with the existing entity rebranding as MetaMask.
VVV Token Surges 40% Following OpenAI Privacy Dispute
Summary: Venice's VVV token rose 40% to a new all-time high after a public dispute between an NYU mathematician and OpenAI highlighted concerns over private data usage in AI inference.
BitMart appoints Alvarez & Marsal, misses roadmap deadline
Summary: BitMart appointed Alvarez & Marsal as financial adviser on its self-imposed Sept. 9 deadline but failed to publish the promised restructuring and business resumption roadmap.
Metaplanet CEO addresses shareholder backlash over executive stock pool dilution
Summary: Metaplanet CEO Simon Gerovich pledged to review governance policies amid shareholder objections to an expanded executive option pool that significantly diluted existing holdings.
Bitcoin SOPR hits longest 2026 profit streak, challenging bear market status
Summary: CryptoQuant data shows Bitcoin's spent output profit ratio has remained above breakeven since August 19, marking the year's longest bullish streak.
Block Seeks OCC Charter for Bitcoin Custody Bank
Summary: Block filed with the OCC to charter Builders Bank & Trust, an uninsured national trust bank designed to custody Bitcoin and settle stablecoins without taking deposits.