Crypto

The same day stablecoin capitalization reached $280 billion, startups M0 and Rain announced nearly $100 million in new funding rounds for programmable money. Venture investors have poured nearly $100 million into stablecoin startups, backing new infrastructure for programmable money. M0, a Switzerland-based platform that lets developers issue custom stablecoins, announced a $40 million Series B raise on Thursday led by Polychain Capital and Ribbit Capital. Founded in 2023, the company has partnered with projects including MetaMask and Playtron to integrate its infrastructure into consumer-facing apps. Another stablecoin infrastructure raise came from Rain, a US startup developing tools for banks to issue regulated stablecoins. The company secured $58 million in a Series B funds led by Sapphire Ventures, with backing from Dragonfly, Galaxy Ventures and Samsung Next, bringing its total funding to $88.5 million. Read more

Hut 8 CEO Asher Genoot told Reuters that American Bitcoin’s merger with Gryphon Digital mining is nearly complete.

ChatGPT still leads the pack, according to a new ranking—but Google’s Gemini and Elon Musk’s Grok are closing in as the AI ecosystem matures

The change is part of the Commodity Futures Trading Commission's “crypto sprint,” an initiative to overhaul regulations in response to proposals from the Trump administration. The US Commodity Futures Trading Commission (CFTC), a US financial regulator, announced on Thursday that offshore crypto exchanges now have a pathway to legally serve US-based clients by registering under the Foreign Board of Trade (FBOT) framework. US-based clients have had the right to trade on registered offshore platforms since the 1990s under the FBOT registry, and the framework works for all asset classes, acting CFTC Director Caroline Pham said in a statement. Pham said: Allowing offshore exchanges to serve US residents can potentially increase liquidity in the crypto markets and remove the silos that have kept crypto trapped within regions.  Read more

US tokenized treasury products reached a new all-time high of $7.45 billion on Aug. 27, surpassing the previous peak of $7.42 billion registered on July 15. According to rwa.xyz data, the milestone caps a 14% recovery over two weeks following a market correction that bottomed out at $6.51 billion on Aug. 13. The tokenized treasury […] The post Tokenized US Treasuries reach $7.45 billion all-time high after July correction appeared first on CryptoSlate.

Gold climbed nearly another 1% on Thursday to just below $3,500 per ounce.

Unexplained share price jumps at small-cap firms before crypto treasury announcements have drawn scrutiny. Experts note similarities to insider trading, while regulatory loopholes and informal channels make enforcement more difficult than in traditional finance. The post Crypto Treasury Boom Triggers Insider Trading Concerns – Fortune Report appeared first on Cryptonews.

Bitcoin dominance is falling and altcoins are heating up. Here's what the charts have to say about it.

CFTC has provided regulatory clarity with an FBOT advisory, stating that non-U.S. exchanges may offer Americans direct market access. Caroline D. Pham has said the move gives traders a path to onshore activity and access to deeper global liquidity for U.S. traders under oversight and CFTC rules. The post CFTC Issues Advisory Allowing Foreign Exchanges to Reopen Direct Market Access for U.S. Traders appeared first on Cryptonews.

Former FTX legal advisors argue they provided routine services and knew nothing about the exchange's multi-billion dollar fraud scheme.

Ethereum ETFs have seen $307M in a single day of inflows, bringing cumulative totals to $13.6B. BlackRock controls more than half of assets, while Fidelity and Bitwise follow. Analysts say advisers and institutions have expanded exposure to Ether ETFs as Bitcoin funds trail in momentum. The post Ethereum ETFs Shock Wall Street With $307M Inflows In One Day as Bitcoin ETFs Fall Behind appeared first on Cryptonews.

Ether traders say a multi-year bullish cycle has begun, with $10,000 as the desired target. Key takeaways: A bullish pattern on the ETH chart predicts a rally to $10,000, with $5,000 as the critical resistance level. Analysts stress that short-term volatility may precede ETH’s multi-year bullish expansion phase. Read more

Tether, alongside Chainalysis, Binance, OKX, and authorities, has frozen $50M USDT traced to pig butchering scams. The case reflects expanding global cooperation against cross-border crypto fraud and illicit financial activity. The post Tether Freezes $49.6M in ‘Pig Butchering’ Funds – Chainalysis, Binance, OKX Join APAC Crackdown appeared first on Cryptonews.

DYdX is recovering from an up-and-down 2024, where the DEX laid off 35% of its workforce in October. Decentralized exchange dYdX has updated its 2025 roadmap, outlining plans to launch a Telegram trading integration as the platform faces declining earnings. According to the roadmap, dYdX plans to roll out a series of software upgrades that include a partner fee share, scale and TWAP orders and designated proposers, targeting the reduction of end-to-end trading latency. In addition, the DEX plans to launch Telegram-based trading in September, enabled by its July acquisition of Pocket Protector, a social trading app. As part of the deal, Pocket Protector co-founder Eddie Zhang joined dYdX as president. Read more

Ethereum and EVM-based ecosystems could serve as the core infrastructure powering this transition to a regulated, stablecoin-driven global financial system.

Support has formed in the $3.90-$3.91 zone, with resistance at $4.02.

In this interview, we sit down with Pauline Shangett. She is the Chief Strategy Officer at ChangeNOW and strategic advisor at NOWNodes, to discuss her recent talk at WebX titled “Head in the Clouds: Is Hardware the Key to Sustainable Web3 Infrastructure?”. Pauline shares her perspective on the changing landscape of Web3 infrastructure, the myths around […]

American fintech Rain, which issues cards backed by stablecoins, has raised a total of $88.5 million.

Treasury Secretary Scott Bessent’s endorsement of dollar-pegged stablecoins creates a pathway for up to $34 trillion to flow into decentralized finance protocols such as Ethena, Ether.fi, and Hyperliquid. Arthur Hayes reported in his Aug. 27 blog post that Bessent aims to redirect capital from the $13 trillion Eurodollar system and $21 trillion in Global South […] The post Treasury Secretary Bessent’s stablecoin push could drive $34 trillion into Ethena, Etherfi, Hyperliquid appeared first on CryptoSlate.

Amid clearer rules and deep capital, blockchain companies have expanded in the US. Nexo and Deribit have returned, TON Foundation has planned a US hub, and OKX has reopened, while taxes, state-by-state licensing, and SEC–CFTC jurisdiction questions have persisted.   The post 5,000+ Blockchain Firms Already In The U.S. – Is A Global Power Shift Underway? appeared first on Cryptonews.