Circle adds prepaid fees to CCTP Fast Transfer
Circle has added upfront fee payments to CCTP Fast Transfer, allowing developers to quote and collect cross-chain USDC fees on the source network while preserving the amount delivered to recipients. Summary CCTP developers can collect Fast Transfer and Forwarding Service…
Bitmine Adds 28,086 ETH as Ethereum Treasury Hits $14.8B
Key Takeaways Bitmine’s latest purchase takes its total holdings to 5.93M ETH, worth $14.8B. With 85% staked, Bitmine could earn about $330M yearly while tightening ETH’s liquid supply. Investors will watch whether institutional demand amplifies Bitmine’s concentrated ethereum bet. Bitmine…
Kalshi loses emergency appeal bid against Utah
Kalshi has lost an emergency injunction request at the 10th Circuit, leaving Utah free to enforce its gambling laws while the prediction market operator pursues its appeal. Summary The 10th Circuit denied Kalshi’s request for an injunction pending appeal. Utah…
3 Red Flags Are Emerging for Chainlink After LINK’s Powerful 95% Rally
Declining Chainlink whale transactions and rising exchange balances create fresh selling concerns. Chainlink has staged a strong rally after the mid-August breakout. But its momentum may be cooling down. A new analysis suggests that LINK’s latest price move is…
Robinhood Takes Stakes in Crypto.com and Its $5B Prediction Spinout
Key Takeaways Robinhood takes minority stakes in Crypto.com and OG.com, priced at a $20B valuation. Football event contracts start routing to OG.com’s CFTC-regulated exchange on Sept. 8. Robinhood’s event contract revenue hit a record $156 million in the second quarter….
Copper CEO exits as $500 million sale search drags on
Copper CEO Amar Kuchinad has left the crypto custody company four months into a sale process that reportedly values the firm at $500 million despite potential offers near $200 million. Summary Kuchinad has departed less than two years after taking…
Polymarket Trading Slumps 35% as Post-World Cup Lull Hits Prediction Markets
Polymarket’s core platform took the biggest hit, with monthly volume plunging from $7.89 billion to $4.59 billion. Polymarket’s monthly trading volume fell to $8.41 billion in August, down about 35% from July’s $12.89 billion, as the post-World Cup rush…
Blockstream Hackers Turn Bitcoin Into a Wild Onchain Message Board – Bitcoin News
Key Takeaways Liquid Network got hit for nearly 4,000 BTC, but the white hats sent 3,400 BTC back on Monday. Bitcoin’s blockchain got pretty noisy after the Sept. 6 exploit, with dust messages, meme coin shills and scams piling in….
Kalshi court split could fragment US prediction markets: expert
With 38 active cases across 21 states, conflicting federal rulings over Kalshi have raised the risk that U.S. prediction-market access will fragment by location and trading venue, Kalshinomics co-founder Aaron Courtney has told crypto.news. Summary New Jersey has asked the…
ETH Struggles Below $2.5K, Is a Deeper Pullback Coming?
Ethereum has entered a consolidation phase after a sharp recovery from the $1.5K area. The cryptocurrency is now trading slightly below $2.5K, holding relatively firm despite repeated tests of the upper end of its recent range. Meanwhile, exchange reserves continue…
