No Anthropic Stock Exists, but Crypto Traders Just Priced It at $2T
Key Takeaways Binance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time, ANTHROPIC stands over $2 trillion. Anthropic warned back in May that unauthorized SPV stock transfers are void and could…
Crypto Crime Empire Crumbles as 22-Year-Old Ringleader Malone Lam Pleads Guilty
“If you build a cybercrime empire, we will find you, dismantle your operation, and hold you accountable,” said US Attorney Pirro. Malone Lam, a Singaporean citizen and recent Miami resident, pleaded guilty in Washington, D.C., to taking part in…
Mastercard launches Agent Connect for AI shopping
Mastercard has launched Agent Connect to give merchants one integration for product discovery, cart creation and customer-approved payments across AI shopping platforms. Summary Agent Connect links merchants, AI agents, digital platforms, and payment providers through one connection. Merchants can provide…
Visa Stablecoin Settlement Tops $20 Billion as Card Volume Surges
Key Takeaways Visa stablecoin settlement topped a $20B annualized run rate, with 160+ card programs live. Onchain credit cuts financing costs by up to 30% and enables 7-day card settlement. Visa-linked lenders seek to scale working capital fast enough to…
Zcash ETF Launch Stabilizing the Markets as BTC Drops Below $79K
Bitcoin last traded at $78,900, up +0.5% today (September 9), after tumbling to lows near $77,600 in the prior session, before reclaiming $79,000 and then losing that key level again. The rebound came as renewed interest in crypto exchange-traded products,…
Jump’s Hyperliquid Footprint Explodes as Trading Volume Nears $150 Billion
Jump Trading’s Hyperliquid volume nears $150 billion, making the firm responsible for nearly 8% of perpetual futures activity overall. Jump Trading’s cumulative trading volume on Hyperliquid has nearly reached $150 billion since the firm made its first deposit on…
Cut off From Global Finance, Iran Turns to Bitcoin and Tether
Key Takeaways Iran’s crypto activity hit roughly $10 billion in 2025 as trade is increasingly moving onchain in 2026. CCAF puts Iran at 0.12% of global bitcoin hashrate, far below Elliptic’s 4.5% estimate. Bessent’s Aug. 24 Operation Economic Outcast puts…
Ripple CLO urges Senate to hear crypto holders
Ripple Chief Legal Officer Stuart Alderoty has urged undecided and opposing senators to hear from an estimated 67 million American crypto holders before the CLARITY Act faces a 60-vote procedural test on Sep. 15. Summary Alderoty has contacted Senate offices…
FOMC September 2026 Odds of Rate Hike Surge Over 60%
Traders using CME FedWatch, the CME Group tool that tracks rate-hike probabilities implied by 30-Day Fed Funds futures prices, now put the FOMC September odds of a 25-basis-point Federal Reserve rate hike at next week’s FOMC meeting at over 60%….
Grayscale Drives $47M Bitcoin Outflows as XRP Funds Gain $1.55M
Key Takeaways U.S. bitcoin ETFs lost $46.65M on Tuesday, while XRP funds alone posted $1.55M in inflows. Broad ETF outflows signaled reduced crypto risk appetite after last week’s stronger institutional demand. Investors will watch whether the rest of the week…
