European finance and tokenization groups say Brussels should remove limits on assets admitted to DLT infrastructure or set a 1.5 trillion euro baseline if a cap remains. A coalition of European financial and tokenization groups has urged EU lawmakers to remove a proposed 100 billion euro cap ($116.3 billion) on tokenized financial instruments or raise it to at least 500 billion euro. The draft letter, dated Sept. 7 and addressed to EU Council members and the European Parliament’s Economic and Monetary Affairs Committee, said the 500 billion euro threshold should serve as a baseline if lawmakers decide to retain a cap. Among the groups signing the letter were Nasdaq, Boerse Stuttgart Group, Securitize, the European Ethereum Institute and Axiology.
Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields. Bitcoin (BTC) dipped below $77,000 around Thursday’s Wall Street open as risk assets faced resurgent macro headwinds. Key points:
The partnership will provide stablecoin acceptance, settlement and real-time funding capabilities to over 1,000 community banks and credit unions. Cryptocurrency exchange Coinbase partnered with financial platform Moov to bring stablecoin infrastructure to more than 1,000 community banks and credit unions that are part of Moov’s customer base. The partnership will combine Coinbase’s regulated digital asset infrastructure and Moov’s payments platform to offer stablecoin payment acceptance, settlement and real-time funding, according to a Thursday announcement. The infrastructure will support use cases such as consumer stablecoin payments, merchant settlement and payouts. It will also offer businesses and merchants access to Coinbase custodial accounts.
Memecoin platform Pump.fun accounted for most of the new tokens among launchpads, as the Solana network notched a new all-time daily issuance high. The Solana network reached an all-time high in daily token issuance, surpassing the number of new coins issued during the peak of the memecoin cycle in late 2024. More than 263,000 new Solana Program Library (SPL) tokens were minted on the Solana blockchain on Wednesday, marking a new record high, according to Solscan. Some 40,000 to 50,000 daily tokens were issued on Solana at the peak of the memecoin cycle in December 2024. Of the total 40,360 tokens issued through launchpads, memecoin platform Pump.fun accounted for the majority, or 34,184 coins, according to Blockworks’ dashboard.
Jon Cunliffe, Jochen Metzger and Ron Berndsen join Fnality Europe’s supervisory board as the company works to expand beyond its sterling payment system. Fnality has named former Bank of England deputy governor Jon Cunliffe to chair its UK board as the blockchain settlement company develops euro and US dollar payment systems. The company said Thursday that Jochen Metzger, a former Deutsche Bundesbank director general for payments and settlement systems, had joined its European subsidiary’s supervisory board and was expected to chair it. Ron Berndsen, a former senior official at the Dutch central bank, also joined the board. Fnality’s sterling payment system launched in 2023 and is regulated by the Bank of England. It enables market participants to settle obligations using central bank money…
Nasdaq invested $100 million in Payward as part of its push toward tokenized stock products with round-the-clock trading. Nasdaq has invested $100 million in Payward, the parent company of cryptocurrency exchange Kraken, as part of the New York electronic bourse’s expansion into tokenized assets. Nasdaq’s venture arm made a $100 million investment in Payward, the exchange operator revealed in a Thursday announcement. As part of the deal, Kraken will offer tokenized versions of Nasdaq-listed stocks on its own platform. The investment builds on Nasdaq’s partnership with Payward announced in March. The investment valued Kraken’s parent company at $21 billion, people familiar with the matter told Bloomberg on Thursday. Cointelegraph approached Nasdaq for comment on the matter but did not recei…
Secretary Scott Bessent warned that failing to pass the CLARITY Act would send a “troubling signal” about America’s leadership in the digital asset industry. US Treasury Secretary Scott Bessent urged lawmakers to pass the Digital Asset Market Clarity (CLARITY) Act when the Senate returns from its August recess next week. “I strongly urge everyone to remain at the negotiating table, agree to the motion to proceed, and continue the legislative process,” wrote Bessent in a Wednesday X post, warning that failing to pass the bill would send a “troubling signal” about America’s leadership in the digital asset industry. The Senate is scheduled to return from its August recess next Monday, according to its legislative schedule. The CLARITY Act seeks to establish the first comprehensive regulatory…
Nansen found a $117,800 unrealized loss in one wallet as the team announced liquidity incentives and Bubblemaps flagged fresh top holders. Hunter Biden has denied profiting from his LAPTOP memecoin after its launch-day price crash, adding that neither he nor his team had sold tokens. Several X users accused the LAPTOP project of a “rug pull” after the memecoin lost more than 95% of its value in the first hour of trading on Wednesday. At the time of writing, the new token traded at $0.8562, according to CoinGecko data. “The team’s allocation is locked. Nobody on our side sold, and nobody could have,” Biden said in an X post Wednesday. “I, personally, have not made a single dollar.”
ARKB led Wednesday’s Bitcoin ETF outflows as Ether and Solana funds returned to net inflows. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $120.2 million in net outflows on Wednesday, bringing withdrawals across the first two sessions of the holiday-shortened week to $166.8 million, according to Farside Investors data. The ARK 21Shares Bitcoin ETF (ARKB) led Wednesday’s withdrawals with $78 million, followed by Grayscale’s Bitcoin Trust ETF (GBTC) with $27.2 million and BlackRock’s iShares Bitcoin Trust ETF (IBIT) with $19.5 million. Morgan Stanley’s Bitcoin Trust (MSBT) was the only fund to record inflows, adding $4.5 million. Wednesday’s withdrawals followed $46.6 million in net outflows on Tuesday, marking the category’s first back-to-back outflow days since a three-day…
Bitcoin investors showed little sign of panic selling as BTC held most of its August gains and sell-side risk fell to rare lows, data showed. Bitcoin (BTC) sell-side risk remains near historic lows as August profit-taking cools, new data shows. Key points: In the latest edition of Glassnode’s The Week Onchain newsletter, the crypto analytics platform said Bitcoin’s sell-side risk ratio (SSRR) had reset lower.
The system will combine farmer, grain, warehouse, insurance and loan data for lenders, though no launch date or initial deployment size was disclosed. Indian agricultural warehousing and lending company Arya.ag is testing a system to tokenize warehouse receipts for stored grain on a dedicated Avalanche layer-1 blockchain. Arya.ag is working with Finternet to connect grain deposits, warehouse receipts, collateral commitments and loan status through the network. Devika Mittal, Ava Labs’ head of India, told Cointelegraph that testing was underway and said each tokenized receipt would represent ownership of the stored commodity. The companies did not disclose an expected launch date or how much grain or lending the initial deployment would cover.
The complaint says Uniswap’s counsel sent three letters before Unicoin’s Sept. 28 launch and seeks declarations on its marks and domains. TransparentBusiness Inc., which does business as Unicoin, sued Universal Navigation Inc., which does business as Uniswap Labs, in the Southern District of New York, seeking declarations that its UNICOIN mark does not infringe or dilute Uniswap’s claimed marks. TransparentBusiness argued in a complaint filed Tuesday that its UNICOIN mark does not infringe or dilute Uniswap’s claimed UNI, UNISWAP and UNICHAIN marks. It also asked the court to cancel US trademark registration for UNI. The complaint says Uniswap’s counsel sent three demand letters on June 3, July 17 and Aug. 14, accusing Unicoin of trademark infringement, dilution, cybersquatting and unfair…
BitBox said multiple Bitcoin companies appeared to have been targeted through a shared newsletter provider, while Trezor confirmed a breach at its email service. Hardware wallet makers Trezor and BitBox warned users about phishing emails disguised as urgent security notices after suspected compromises involving third-party email services. On Wednesday, Trezor said its email provider had been breached and warned that a message titled “Critical Security Alert: STM32 Entropy Vulnerability” was fraudulent. The company urged recipients not to click any links. On the same day, Bitbox warned users about a phishing email pretending to come from the company. The company said its preliminary review indicated that its newsletter provider was likely compromised, adding that multiple Bitcoin companies…
The Justice Department seized Xinbi’s Telegram channels and two wallets as investigators pursued 47 additional wallets across its alleged laundering network. [Update, Sept. 10, 2026, 05:00 UTC: Added comments from TRM Labs Global Head of Policy Ari Redbord.] United States authorities restrained more than $52 million in crypto linked to Xinbi Guarantee and its vendor network as part of a coordinated operation against the scam marketplace. On Wednesday, the US Justice Department said its Scam Center Strike Force seized two wallets used by Xinbi to collect vendor payments containing about $12 million. Law enforcement also sought restraints against 47 additional wallets believed to be connected to money laundering across Xinbi’s network.
The expansion gives institutional and automated traders real-time access to Kalshi’s political markets as election betting activity continues to grow. DoubleZero, a network for high-speed data distribution, has added real-time data from Kalshi’s election and politics markets as prediction market trading picks up ahead of the US midterm elections in November. The expansion adds Kalshi’s election contracts to DoubleZero Edge, which already carries data from the prediction market’s sports contracts and crypto perpetual futures, according to a Wednesday announcement. The feed includes top-of-book and trade data, along with aggregated order book data from Kalshi’s election markets. Andy Ross, head of institutional at Kalshi, said the integration is intended to make political market data easier…
The restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations. Consensys Software Inc., the Ethereum software company behind MetaMask, plans to split into two independent companies, separating its consumer business from its institutional blockchain infrastructure operations. According to Wednesday’s announcement, the separation is expected to be completed by the end of 2026, with Joe Lubin serving as chairman and CEO of MetaMask and executive chairman of the new Consensys. The new Consensys will house the company’s protocols and institutional infrastructure businesses, including Linea, Besu and Teku, and will be led by CEO Mike Kriak and President David Cunningham. The company will focus on Ethereum in…
The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business. Blockchain intelligence firm TRM Labs has doubled its valuation to $2 billion following an expansion of its Series C funding round led by Blockchain Capital. The company did not disclose the size of the latest investment but said its annual recurring revenue has quadrupled over the past three years, according to an announcement Wednesday. The expansion follows a $70 million Series C in February, also led by Blockchain Capital. TRM provides blockchain intelligence and investigation software used by more than 600 government agencies and private-sector institutions across 75 countries, the company said. Prior to the February round, t…
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. U.S. Bank, the fifth-largest commercial bank in the United States, has completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain. The pilot moved funds between U.S. Bank entities in North America and Europe, with USBDC issued and transferred on the public Stellar network. It also tested the stablecoin’s minting, redemption, freezing and clawback functions while integrating with the bank’s existing risk, compliance and operations systems. The transaction validated U.S. Bank’s internally developed Digital Asset Platform, which connects tokenized assets with its traditional banking infrastructure, the bank said Wednesday. The Minneapolis,…
Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind. Bitcoin (BTC) struggled below $80,000 on Wednesday as attention refocused on the Japanese yen. Key points:
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.
