XRP Ledger’s Batch V1.1 has remained above its required validator threshold as Ripple says asset managers and commercial projects are preparing to use the transaction feature if it activates later this month. Summary Batch V1.1 has 30 validator votes, keeping XRP Ledger’s September 29 activation countdown on track. Ripple says asset managers are building around
Polymarket has come under renewed scrutiny after a Sept. 19 report said fraudsters used stolen debit cards on its U.S. platform in February to attempt at least $10 million in illicit withdrawals and wagers. Summary Polymarket reportedly faced at least $10 million in attempted stolen-card fraud during February this year. Checkout.com reportedly rejected more than
North Korea linked hacking group WaterPlum has compromised more than 30,000 devices across over 100 countries and regions, stealing information from more than 7,000 cryptocurrency wallets while targeting developers through fake recruitment campaigns. Summary WaterPlum infected more than 30,000 devices across over 100 countries and regions and stole information from more than 7,000 crypto wallets.
Coinbase has filed to list perpetual futures tied to more than 50 major U.S. stocks, including Nvidia, Microsoft and Tesla, with 24/5 trading and no fixed expiration dates. Summary More than 50 proposed contracts would track individual U.S.-listed companies. The products would trade 24 hours a day from Monday through Friday. Regulatory clearance is required
A 50–49 Senate vote that stalled the CLARITY Act has raised the risk that crypto companies will rely on more custodians and permissioned systems, according to GenLayer Labs CEO Albert Castellana. Summary The Senate vote fell 10 votes short of the 60 needed to begin debate. Castellana said unclear rules could push companies toward custodians,
Bitcoin price surged more than 5% on Sep. 18, breaking above $80,000 as a 4-hour trend reversal and concentrated short liquidations accelerated the recovery from $75,560. Summary Bitcoin price gained 5.49% and reached an intraday high of $81,258. Price now trades above the 20-, 50-, 100-, and 200-day moving averages. 4-hour Aroon Up reached 100%,
BlackRock has said stablecoins must remain interchangeable with bank deposits and central-bank money if they are to function as regulated settlement assets. Summary Stablecoins must provide recognizable claims and recourse across banks, according to BlackRock. Banking systems would need to accept stablecoins and convert them into deposit liabilities. Central banks could provide the final settlement
Anthropic has moved its planned initial public offering to November as investors discuss a deal that could value the Claude developer at roughly $2 trillion and raise up to $100 billion. Summary Anthropic’s proposed IPO could raise as much as $100 billion at a $2 trillion valuation. The company moved the expected offering from October
In this week’s edition of the weekly recap, the Federal Reserve raised interest rates for the first time since 2023, the CLARITY Act stalled in the Senate, and the SEC opened a five-year pathway for tokenized U.S. stock trading. Summary The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%–4%, while 16
Global NFT sales volume fell 15.28% to $37.54 million over the latest seven-day period, even as the number of buyer and seller addresses more than doubled. Summary NFT sales dropped 15.28% to $37.54 million, from approximately $44.31 million a week earlier. Buyer addresses rose 174.04%, while seller addresses increased 151.72%. Ethereum led with $15.32 million
