Crypto

Tenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over third-party securities that reference their shares.

Lido captured just 5.7% of H1 staking growth, while a negative NEST budget shows why deposits alone cannot fund purchases. The post Ethereum’s institutional staking boom is growing, but Lido’s share is shrinking appeared first on CryptoSlate.

Chinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks.

The project’s disclosures say LAPTOP has no utility, lock founder tokens for six months and reserve 2% for wallets that lost money on TRUMP. [Update, Sept. 9, 3:45 p.m. UTC: Updates with pricing information in the first paragraph.] Hunter Biden’s LAPTOP memecoin fell 95.7% in its first hour of trading on Wednesday, as the son of former US President Joe Biden officially entered the market for politically themed cryptocurrencies. The token, issued on Ethereum layer-2 network Base, traded at $2.0977 at 3:45 pm UTC, after opening at $199.50, according to CoinGecko data. It recorded more than $13.4 million in trading volume. Read more

Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens. The Crypto Council for Innovation (CCI) and Blockchain Association (BA) are seeking to block Illinois from enforcing a 0.2% tax on cryptocurrency transactions before it takes effect in January 2027. The trade groups said Wednesday that they have filed a motion for a preliminary injunction in the Circuit Court of Sangamon County, Illinois to protect digital asset firms from suffering irreparable harm. “Companies are being asked to spend millions to build systems for a tax that violates their constitutional rights without answers to basic questions about what is taxed and when, all under the threat of criminal penalties,” said Ji Hun Kim, CCI CEO, in a statement. “These costs are being borne right now, against a Jan. 1 deadline, forcing companies to divert key resources and employees to a clearly unlawful tax.” Read more

Garlinghouse slams slow gold settlement as XRP trades near $1.42. Full price analysis, key levels for $2, and an early-stage Bitcoin L2 presale to watch. The post Ripple News Brad Garlinghouse Slams $11B Gold Transfer as XRP Price Eyes $2 appeared first on Cryptonews.

The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.

LAPTOP hit a $190.81 peak within minutes of launching on Base, then shed roughly 99% as thin liquidity met a wave of selling.

The threat is not here yet, but fault-tolerant machines and crypto’s migration plans are starting to converge on the same 2029 window.

The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.

The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries. Tether and Fasanara Capital have launched a private credit fund backed by $400 million from the two firms that aims to raise as much as $3 billion from institutional investors. The evergreen fund, called StableFund, will use Tether’s USDT (USDt) as settlement infrastructure for short-duration, asset-backed lending to businesses and consumers through fintech platforms in more than 60 countries, the companies said Wednesday. Fasanara will manage the fund’s investments, while Tether will source USDT-linked financing opportunities and provide the infrastructure for moving funds on- and offchain. The fund will focus on small and medium-sized businesses and consumer lending, including trade receivables and supply chain finance. Read more

LAPTOP collapsed 99.2% after launch, briefly hitting a $560 million market cap before falling near $1.61.

Myriad's $120 side overtook $55 at the start of September, while Polymarket puts WTI reaching $100 this month at 59%.

Revenue fell below its $35 million guidance floor, while later crypto sales funded part of its share buybacks. The post Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss appeared first on CryptoSlate.

Consensys Software Inc. will become MetaMask, while a newly formed Consensys will take over the firm's Ethereum protocols and institutional blockchain infrastructure business.

Bitcoin is holding above $78,000 as Brent crude breached $100 and rising Treasury yields revived inflation fears. Data from CryptoSlate showed the flagship cryptocurrency trading around $78,451 at press time, with little sign of the pressure spreading across bond and energy markets after an escalation in the Middle East pushed Brent above the threshold for […] The post Bitcoin traders bet borrowed money on a rally as oil surges ahead of Friday’s inflation test appeared first on CryptoSlate.

Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Euro-pegged stablecoins total €711 million, under 1% of supply. He traces the gap to path dependency and missing euro DeFi infrastructure, and argues MiCA-regulated issuance and euro vault rails are changing it.

Anything bought before 2027 keeps the twelve-month exemption, so the change lands only on Germany's future crypto buyers.

XRP is trading around $1.42 after a sharp recovery from the August lows near $1.00. The rebound has shifted the short-term structure back to the upside, but much like other major crypto pairs, Ripple’s price is also trapped below a major resistance area, making the next breakout or rejection particularly important. XRP Price Analysis: The […]

Israel airspace faces heightened risk, but Polymarket signals do not confirm a closure as EASA caution remains in force through September 30. The post Ben Gurion Stays Open as Israel Airspace Risk Rises appeared first on Cryptonews.