Crypto

The digital passport stamps form part of Amex’s new travel app, designed to record and commemorate the travel experience.

Crypto ETPs recovered last week, recording $3.3 billion in inflows and lifting the overall assets under management to $239 billion. Crypto investment products reversed their recent outflow trends last week, with Bitcoin, Ether and Solana exchange-traded products (ETPs) recording significant inflows.  Global crypto ETPs saw $3.3 billion in inflows last week, lifting overall assets under management (AUM) to $239 million, near the record high in August. Last month, crypto ETPs saw an all-time high AUM of $244 billion.  The inflows came as underlying assets showed modest gains over the week. Bitcoin (BTC), which traded at $111,900 on Sept. 8, rose 3.3% to $115,600 on Friday. Ether (ETH) went from $4,300 to $4,500 last week, a 4.6% gain in five days.  Read more

The news could explain the weakness in bitcoin, which declined more than 1.5% over the past two hours to the current $114,900.

France’s securities regulator is considering attempting to ban European license “passporting” over concerns related to MiCA regulation enforcement gaps in other EU countries. France warned it may try to block cryptocurrency companies operating locally under licenses obtained in other European countries, raising enforcement gap concerns regarding the European Union’s crypto regulatory framework. France’s securities regulator, the Autorité des Marchés Financiers (AMF), told Reuters Monday that it is concerned about potential regulatory enforcement gaps related to Europe’s Markets in Crypto-Assets Regulation (MiCA), the world’s first comprehensive crypto regulatory framework. Concerned that some crypto companies may seek licenses in more lenient EU jurisdictions, the AMF is considering a ban on operating in France under MiCA licenses obtained in other member states. Read more

The reorganization was pinned on Qubic, which has acquired over half of Monero's mining power last month and uses XMR rewards to buy and burn its own token.

New creators poured into Pump.fun over the weekend, generating millions of dollars in fees and driving the PUMP token price up.

V Global was in operation between July 2020 and April 2021, with the three convicts participating in multi-level marketing.

Polkadot said that under the old tokenomics model, the total supply of DOT could have swelled to more than 3.4 billion tokens by 2040. Polkadot’s decentralized autonomous organization (DAO) passed a referendum approving a hard cap on the network’s native token for the first time.  The decision set the maximum supply at 2.1 billion Polkadot (DOT) tokens, a significant pivot from the previous tokenomics model, under which new tokens were indefinitely issued yearly. Under the old inflationary model, Polkadot minted about 120 million DOT tokens annually, with no limit on the token’s total supply.  The project said the supply could have swelled to more than 3.4 billion tokens by 2040 under the old model. The new framework introduces a gradual issuance reduction every two years. At the time of writing, Polkadot had a total supply of about 1.5 billion tokens.  Read more

Bitcoin braced for further gains toward $120,000 after finishing the week in the green above $115,000, new price analysis concluded. Key takeaways: Bitcoin’s weekly close above $115,000 signals bullish strength.  BTC’s bull flag breakout could trigger a rally to $120,000. Read more

UK crypto and payments groups urged the Bank of England to drop plans to cap individual stablecoin holdings, claiming the move would be costly and hard to enforce. United Kingdom-based cryptocurrency industry advocacy groups called on the Bank of England not to proceed with plans to limit individual stablecoin holdings. In a November 2023 discussion paper, the bank floated setting individual caps on digital pounds between 10,000 British pounds ($13,558) and 20,000 pounds and asked for feedback on a possible lower limit of 5,000 pounds. According to a Monday Financial Times report, industry groups criticized the plan, saying it would be difficult and expensive to implement and could leave the UK lagging behind other jurisdictions. Read more

Atkins signaled a departure from the enforcement-first approach of the SEC during Gensler’s leadership, including preliminary notices prior to enforcement actions. The US Securities and Exchange Commission (SEC) chair continued steering the regulatory agency in a different direction than its previous enforcement-first policy toward the crypto industry. In an interview with the Financial Times published Monday, SEC Chair Paul Atkins said the agency is departing from the aggressive enforcement actions common during the administration of former President Joe Biden and former SEC Chair Gary Gensler. US cryptocurrency businesses can now expect preliminary notices of technical violations before any agency enforcement actions, Atkins told the FT. Read more

Bitcoin headed into the Fed interest-rate cut with analysis bullish on the macro outlook, but traders split over new BTC price highs. Bitcoin (BTC) traders geared up for volatility as crypto heads into the US Federal Reserve interest-rate decision. Bitcoin bulls have a clear resistance level to overcome at $117,000 as the week gets underway. All eyes are on the Fed as markets unanimously expect the first interest-rate cut of 2025 to come on Wednesday. Read more

Yield-bearing stablecoins promise steady income onchain, but regulation, taxes and risks make them more complex than cash. Here’s what you need to know in 2025. Yield-bearing stablecoins include treasury-backed, DeFi and synthetic models. US and EU law ban issuer-paid interest; access is often restricted. Rebases and rewards are taxed as income when received. Read more

Shiba Inu’s DeFi team offered a $23,000 bounty to the Shibarium bridge attacker after a $2.4 million exploit, urging the return of stolen funds. Shiba Inu’s decentralized finance platform on its Shibarium layer-2 network offered a 5 Ether ($23,000) bounty to the attacker behind a recent bridge exploit, urging the return of stolen assets. On Monday, the DeFi platform sent an onchain message to the attacker saying that the bounty offer will remain open for 30 days. The protocol added a deadline and a condition that the bounty will begin decreasing in seven days. “Settlement is atomic when we call recoverKnine(). If you call accept() we cannot cancel the deal. Code is law,” K9 Finance wrote. “Bounty is live. Please, act fast.” Read more

With the Federal Reserve’s highly anticipated rate cut decision drawing close, experts remain bullish on Bitcoin in the long run.

The London Stock Exchange launched a Microsoft-powered blockchain platform for private funds, marking the first such initiative by a global exchange. Update Sept. 15, 7:58 am UTC: This article has been updated to include another section on LSEG and Microsoft’s collaboration. The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system. The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement. It was developed with Microsoft and runs on Microsoft Azure, the exchange said on Monday. Read more

Monero's rollback, tied to mining pool Qubic, erased 118 transactions and reignited concerns over selfish mining.

The OKX exchange is targeting self-managed super funds as allocations rise, even as official data show crypto remains a minor share.

Despite September’s pullback, investors see scope for a year-end Bitcoin rebound on supportive macro trends and options flows.

Native Markets secured the USDH ticker after Ethena’s withdrawal and validator backing, setting the stage for a phased rollout.