Crypto

X has opened an investigation into employee corruption as it is strengthening internal audits after accounts, some from the Solana ecosystem, were restored. The post X Exposes Massive Bribe Scandal to Restore Suspended Crypto Accounts appeared first on Cryptonews.

A spot exchange-traded fund (ETF) for XRP has officially launched, and the market is already reacting with force, adding weight to a bullish XRP price prediction.In just the first 90 minutes of trading, the new ETF attracted over $24 million in inflows, signaling strong institutional interest and a potential shift in momentum for the Ripple-backed […] The post XRP Price Prediction: XRP ETF Smashes Records on CBOE Debut – Is Ripple Ready to Flip BTC in Flows? appeared first on Cryptonews.

The bill to establish rules for payment stablecoins was signed into law by US President Donald Trump in July and awaits final regulations before implementation. The US Department of the Treasury on Thursday opened a second period of public comment on the implementation of the GENIUS Act, legislation aimed at regulating stablecoin payments in the US that was signed into law by US President Donald Trump. In a Thursday notice, the Treasury said that, though the advance notice of proposed rulemaking was not required to implement the GENIUS Act, it invited the public to comment on the stablecoin law, saying it would build upon its work. The Treasury officially opened up comment in August, giving the public until Oct. 17 to submit concerns or feedback related to illicit activity. The Thursday notice provides a 31-day window for comments. Read more

Uniswap, Aptos, BNY, Chainlink, JP Morgan and Franklin Templeton executives join CFTC’s Digital Asset Markets Subcommittee under Acting Chair Pham. The Commodity Futures Trading Commission (CFTC) has appointed new members to its Global Markets Advisory Committee (GMAC) and subcommittees, adding several crypto industry leaders to the Digital Asset Markets Subcommittee (DAMS) — a move that underscores the regulator’s continued engagement with the sector.  CFTC Acting Chair Caroline D. Pham named four new DAMS members: Katherine Minarik, chief legal officer at Uniswap Labs; Avery Ching, co-founder and chief technology officer of Aptos Labs; James J. Hill, managing director and head of structure innovation at BNY; and Ben Sherwin, general counsel at Chainlink Labs. In addition, Scott Lucas, head of digital assets at JPMorgan, was appointed co-chair of DAMS alongside Sandy Kaul, executive vice president at Franklin Templeton. They succeed Caroline Butler, who previously served as co-chair. Read more

FTX creditors will receive $1.6 billion on Sept. 30 in the third major distribution since the exchange’s 2022 collapse, bringing some customers to 95% cumulative recovery rates. According to the FTX Recovery Trust’s Sept. 19 announcement, creditors must complete multiple verification steps through the FTX Customer Portal before receiving payments, which take one to three […] The post FTX creditors set to receive $1.6B in third distribution round on Sept. 30 appeared first on CryptoSlate.

After years of speculation, Consensys CEO Joe Lubin says MetaMask’s token is coming “sooner than you would expect.” Prediction markets remain cautious.

Pepe has confirmed a historically significant level of support – Pepe price prediction now eyes a 350% run with newfound footing. The post Pepe Price Prediction: Bounce Confirmed, Charts Screaming 350% Upside – Will PEPE Deliver the Next Meme Explosion? appeared first on Cryptonews.

Twelve Democratic senators called for Republican cooperation on comprehensive crypto market structure legislation, proposing bipartisan authorship in regulatory efforts. Senator Ruben Gallego led the Sept. 19 statement alongside Mark Warner, Kirsten Gillibrand, Cory Booker, and eight other Democrats seeking “true collaboration” on legislation addressing regulatory gaps that have left businesses and investors without explicit protections. […] The post Democratic Senators push bipartisan approach to streamline crypto market structure bill appeared first on CryptoSlate.

Rex-Osprey has filed for a riskier ETF that grants investors leveraged exposure to its existing Dogecoin fund, DOJE, which debuted Thursday.

Senator Elizabeth Warren is demanding answers on the nature of Binance’s state of compliance in the U.S., a new letter from Warren and other Democratic senators to Attorney General Pam Bondi published this week reveals.Elizabeth Warren & Senate Colleagues Push For AnswersAccording to the September 17 letter, Senators Mazie Hirono (D-HI), Richard Blumenthal (D-CT), and […] The post Elizabeth Warren, Top Democratic Senators Demand Answers On Binance’s Compliance Status appeared first on Cryptonews.

A 12-foot golden statue of Donald Trump clutching a Bitcoin appeared outside the Capitol alongside a Fed rate cut—funded by crypto investors, meant to provoke, and dividing opinion.

The latest round of redistributions marks another step in the bankruptcy estate’s plan to make creditors whole after the 2022 collapse of Sam Bankman-Fried's exchange.

Elon Musk’s artificial intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources told the news outlet that the funding proceeds will primarily support data center construction, filled with Nvidia and AMD graphics processing units required for next-generation AI development. The company is currently building […] The post Musk’s xAI reportedly seeking $10B in a new funding round appeared first on CryptoSlate.

PayPal launches P2P crypto links, Google tests AI payments, miners pivot to data centers and Bitwise eyes stablecoin ETF. Crypto’s center of gravity is shifting from speculation to services. PayPal is opening the door to peer-to-peer (P2P) cryptocurrency transfers, building on its growing presence in digital assets. Its stablecoin, PYUSD, has already surpassed $1 billion in market capitalization. Google is piloting a payment protocol designed for AI agents, with built-in support for stablecoins — highlighting the role dollar-pegged crypto could play in the emerging web economy. Meanwhile, Bitcoin miners face tighter margins from rising costs, higher difficulty levels and growing competition. Yet several companies are thriving by pivoting into data-center and AI infrastructure, sending their share prices sharply higher in recent weeks. Read more

Ether’s road to $5,000 looks clear, especially if TradFi adoption and spot ETH ETF inflows continue at their current pace. Key takeaways: Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure. Spot Ether ETFs' growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout. Read more

In a rare twist, XRP now rivals Bitcoin in Upbit's reserves.

The social media company said it is taking the action against banned users who tried to bribe their way back onto the platform.

Trump’s $15B NYT lawsuit was rejected by a federal judge over its length and political rhetoric, as Trump's legal team has 28 days to refile a shorter version as the $TRUMP coin experiences a sell-off. The post Trump’s $15B NYT Lawsuit Rejected but Refiler Twist Triggers $TRUMP Coin Selloff appeared first on Cryptonews.

Spokespersons from Rena Labs told Cointelegraph that the recent MYX trading patterns suggested almost certain market manipulation. Trading of the MYX token, the cryptocurrency of the MYX decentralized exchange (DEX), featured hallmarks of market manipulation, according to a report from AI infrastructure company Rena Labs and market intelligence company Insider.Cash. The report analyzed over 9,200 minute-by-minute data points between Sept. 9 and Monday, which found 249 trading anomalies regarding illiquidity, volume spikes, price ratios and trade intensity. The researchers found that MYX liquidity anomalies on the Gate exchange spiked by 433% on Sept. 9, with a total of 32 illiquidity events on Sunday and Monday, signaling either intentional market manipulation or the exit of market makers, which provide liquidity and cushion markets during times of extreme stress. Read more

Stablecoin builders have a narrow window to establish competitive advantages before the GENIUS Act’s full implementation, as critical regulatory details remain undetermined. According to a report by Variant Fund policy lead Salah Ghazzal, early compliance preparation could create lasting market moats while competitors wait for complete regulatory clarity. The legislation establishes clear directional requirements but […] The post Stablecoin builders rush to preempt regulatory challenges with GENIUS Act on horizon appeared first on CryptoSlate.