Author: John Smith

The UK House of Lords has voted 194–138 to require the Treasury to publish and consult on a national digital asset strategy within 12 months of the Financial Services and Markets Bill becoming law. Summary Peers approved the digital asset strategy amendment by a margin of 56 votes. The Treasury would have 12 months after Royal Assent to prepare and publish the strategy. Cryptoassets, stablecoins, tokenized securities and digital settlement systems would fall within its scope. The bill must pass through the House of Commons before the requirement can become law. UK digital asset strategy amendment sets a 12-month deadline…

Liquid Network has resumed block production without processing transactions after a $320 million Bitcoin withdrawal forced the sidechain to halt operations. Summary Functionary nodes have resumed signing and validating blocks after receiving required software updates. Transactions and BTC peg operations remain suspended while Liquid monitors the network. Hackers returned 3,400 BTC, leaving about 598 BTC outside the federation wallet. Elements v23.3.4 changes how the software verifies and stores confidential transaction proofs. Liquid Network said in a Thursday update that its functionary nodes were again producing blocks as intended, but the network would operate “without transactions” while developers monitored its condition.…

As artificial intelligence and digital asset technologies continue to converge, automated systems are emerging as a key focus in the digital asset services sector. XRPPower has recently launched short-term intelligent service plans, offering XRP holders an entry point into AI-driven automated trading systems. Leveraging AI data analysis and automation technology, the system aims to minimize the need for constant manual intervention while helping users explore digital asset service plans across various timeframes. Some of the plans currently featured on the platform offer potential daily returns of up to $70,000, with actual results depending on the specific plan, market conditions, and…

Truflation has forecast that annual U.S. headline inflation will remain at 3.4% in August as higher gasoline prices, tariffs and producer costs threaten to keep price pressure above the Federal Reserve’s target. Summary Truflation expects headline CPI to rise 0.3% monthly and remain at 3.4% annually. Core CPI is forecast to increase by 0.2% monthly and slow to 2.4% annually. Gasoline prices rose 3.4% in August, adding fresh pressure to headline inflation. Truflation’s forecasts have deviated from BLS releases by an average of 0.09 percentage points. Truflation said in its August inflation report that the softer July CPI reading was…

PayPal, M0, and MoonPay have publicly launched PYUSDx after three products processed about $100 million through the business stablecoin platform. Summary PYUSDx lets businesses issue programmable tokens backed one-to-one by PayPal USD. Saturn, Concrete, and Cap have processed about $100 million across three live products. Businesses can control token policies and allocate revenue generated by the backing. A shared swap facility converts supported tokens at par without separate liquidity pools. M0 CEO and co-founder Luca Prosperi told crypto.news that PYUSDx gives businesses control over token rules, revenue, and administration that they would not receive by integrating PayPal USD directly. PayPal,…

Nasdaq has agreed to invest $100 million in Kraken parent Payward as the two companies expand their work on tokenized equities, market surveillance and blockchain-based settlement infrastructure. Summary Nasdaq Ventures will invest $100 million in Kraken parent Payward, valuing the company at $21 billion. Payward will deploy Nasdaq’s market surveillance technology across its crypto, equity, futures, options and tokenized equity venues. Nasdaq and Payward expect Nasdaq Equity Tokens to launch in the second quarter of 2027. The companies began working together in March to connect regulated equity markets with blockchain networks through the xStocks ecosystem. Nasdaq said Thursday that its…

Ethereum price hovered near $2,468 on Sep. 10 as buyers defended the lower end of a multiweek range, while repeated failures above $2,500 kept the short-term outlook uncertain. Summary Ethereum price traded near $2,468 after moving between approximately $2,455 and $2,485 during the session. The 4-hour chart places immediate support at $2,460 and resistance between $2,500 and $2,508. A weekly close above $2,550 could open the way toward $2,656 and $2,812. Liquidation clusters near $2,440 and $2,490 could increase volatility if either level breaks. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price traded around $2,468 at…

Arya.ag has begun putting records connected to approximately $2 billion in stored crops on an Avalanche-based blockchain for agricultural lenders in India. Summary Arya.ag has deployed an Avalanche-based ledger covering grain deposits, receipts and agricultural loan status records. The company holds around $2 billion in crops across its Indian warehouse network at present. Three major banks are joining Arya.ag’s dedicated blockchain, though their identities remain undisclosed for now. Arya.ag facilitates roughly $1.3 billion in annual loans and directly issues around $230 million itself. Tokenized records do not transfer grain ownership or guarantee faster approvals and cheaper credit access. Reports on…

Singapore Exchange has secured CFTC authorization to give U.S. institutional investors direct access to its Bitcoin and Ether perpetual futures, opening its existing crypto derivatives order books to American trading firms. Summary SGX has received CFTC authorization to open its Bitcoin and Ether perpetual futures to eligible US institutions. The contracts have recorded $5.8 billion in cumulative volume since launching in November 2025. US clients will access the contracts through clearing members, with onboarding typically taking two to four weeks. SGX plans to launch dated Bitcoin and Ether futures and options next. SGX Group head of crypto derivatives KC Lam…

Coinbase CEO Brian Armstrong said on Sept. 9 that the exchange is building a financial account for AI, while company documentation shows that agents can already access isolated portfolios and execute supported trades. Summary Coinbase Brian Armstrong said the exchange is building a financial account designed for AI agents. Coinbase for Agents already supports isolated portfolios, cryptocurrency trading, derivatives, equities, and portfolio management tools. Users can limit an agent’s exposure by funding a separate portfolio with controlled account permissions. x402 payments for agent-consumed research, data services, and computing are officially listed as coming soon. Coinbase warns AI agents may misinterpret…