Author: John Smith

Revolut has begun rolling out its first stablecoin, euro-pegged EURR, to selected customers in Denmark, Poland and Portugal, with expansion across other EEA markets planned later in 2026. Summary Revolut has launched EURR for selected customers in Denmark, Poland and Portugal. EURR is issued by Bridge Building and is designed to maintain a value of €1 under MiCA requirements. The stablecoin will initially run on Ethereum, with external wallet transfers and more networks planned. Revolut plans to expand EURR across the EEA later this year and develop stablecoins tied to other currencies. Revolut said Wednesday that the phased launch gives…

Hyperliquid activated its Aligned Quote Asset v2 framework for USDC on Aug. 26, creating another revenue source for the protocol’s HYPE purchasing fund. Summary Hyperliquid activated AQAv2 for USDC on August 26, directing reserve yield toward its Assistance Fund. Coinbase serves as treasury deployer, while Circle operates USDC’s technical and cross-chain infrastructure for Hyperliquid. Stablecoin deployers share approximately 90% of cost-adjusted reserve yield revenue with the Hyperliquid protocol directly. Revenue accrues across 30-day intervals before reaching the Assistance Fund eight days after completion automatically. October 3 is scheduled for the first payment following an initial implementation grace period officially. 据…

Kraken temporarily restricted customer accounts after nearly 12,000 unsolicited cryptocurrency transfers reached addresses connected to the exchange between Aug. 17 and 24, according to an Aug. 25 report from Bloomberg. Summary Nearly 12,000 small transfers reached Kraken-linked addresses between August 17 and 24, Bloomberg reported Tuesday. Kraken temporarily restricted affected accounts, later restoring access while retaining the disputed sanctioned funds separately. Arkham attributed the sending wallet to HTX, but wallet labeling does not establish transaction control. HTX denied initiating the transfers and is investigating misattribution or possible malicious third-party activity independently. European Union restrictions against HTX’s Huobi Global entity took…

Bitcoin has entered the early stage of a possible bull market after a 24% rally lifted CryptoQuant’s Bull Score from 30 to 80 within one week. Summary Bitcoin’s Bull Score has reached 80, its highest reading since October 2025. Eight of the index’s 10 indicators are now sending bullish signals. CryptoQuant requires a weekly close above $83,000 to confirm a new bull market. Short-term whale profits and 53,000 BTC in exchange deposits raise pullback risks. Bitcoin Bull Score has reached a 10-month high CryptoQuant reported that Bitcoin’s Bull Score rose from 30 to 80 over the past week, reaching its…

World Liberty Financial has launched its $4.05 billion USD1 stablecoin natively on the Canton Network, giving institutions a dollar-based settlement asset for tokenized securities and other real-world assets. Summary USD1 can settle tokenized assets through Canton’s privacy and permissioning controls. Institutions can use the stablecoin for collateral, lending, issuance, redemptions, and cross-border payments. DeFiLlama ranks the $4.05 billion USD1 as the sixth-largest stablecoin. World Liberty’s proposed U.S. trust bank still requires final OCC authorization. USD1 gives Canton transactions a cash settlement option World Liberty Financial said in an Aug. 25 announcement that USD1 is now issued directly on Canton rather…

SpaceX stock has gained about 2% after JPMorgan retained its Overweight rating and $240 price target, implying roughly 75% upside from recent trading levels. Summary JPMorgan has retained its Overweight rating and $240 price target for SpaceX. The bank said Cursor data has produced tangible improvements in recent Grok models. About 370 million SpaceX shares could become tradable on Sept. 9 and 10. SpaceX completed its $60 billion stock-based acquisition of Cursor developer Anysphere on Aug. 14. SpaceX stock gets a $240 price target JPMorgan analyst Doug Anmuth has maintained an Overweight rating on SpaceX and a $240 price target,…

SQD has added validated data from 10 blockchain networks to Google Cloud’s BigQuery platform, giving developers and companies access to full chain histories checked through six cryptographic tests. Summary SQD is supplying indexed blockchain data through Google Cloud Web3 Blockchain Analytics. 10 blockchain datasets cover records from each supported network’s genesis block. Six cryptographic checks verify each block before the data reaches BigQuery. SQD plans to add more networks and tools designed for AI agents. SQD brings validated blockchain data into BigQuery SQD said in an Aug. 24 announcement that its enterprise arm, SQD 360, is providing the indexing system…

RockawayX has begun seeking $150 million for a new fund focused on undervalued tokens and crypto-related stocks after acquiring Relayer Capital. Summary RockawayX is seeking $150 million for a new liquid opportunities fund. Relayer Capital founder Austin Barack will reportedly manage the investment vehicle. Relayer returned about 70% in 2026, according to sources cited by Forbes. RockawayX says it oversees about $2 billion across several investment and infrastructure divisions. RockawayX targets undervalued tokens and crypto stocks On Aug. 25, Forbes reported that RockawayX is seeking $150 million for a new liquid opportunities fund following its acquisition of crypto hedge fund…

Bitwise has launched three automated portfolios of Coinbase tokenized stocks for eligible non-U.S. investors, combining self-custody and automatic rebalancing for a 0.15% methodology fee. Summary Bitwise’s first portfolios cover the Magnificent 7 plus SpaceX, robotics companies and artificial intelligence leaders. Glider automatically adjusts users’ wallet holdings to match model weights published by Bitwise. Investors retain the tokenized stocks in non-custodial wallets instead of transferring them into a pooled fund. U.S. persons cannot access the portfolios, and the SEC has not approved or endorsed them. Bitwise tokenized stock portfolios begin with three themes Bitwise said in an Aug. 25 announcement that…

Moon Pursuit Capital has urged professional crypto investors to use systematic strategies instead of relying on Federal Reserve forecasts after Bitcoin gained 22.1% in seven days and approached $80,000. Summary Bitcoin gained 22.1% during its strongest week since March 2024. Kevin Warsh will deliver his first Jackson Hole keynote as Fed chair on Aug. 28. Moon Pursuit Capital says limited liquidity can amplify capital flows in either direction. Market-neutral strategies reduce directional exposure but can miss much of Bitcoin’s upside. Moon Pursuit Capital Principal Courtney Olujobi told crypto.news that Jackson Hole remains important for digital assets because expectations for U.S.…