Author: John Smith

Federal Reserve Governor Michael Barr has backed a decisive interest rate increase if inflation fails to ease, as Polymarket traders place the chance of a 2026 hike at 72%. Summary Barr said the Fed should raise rates decisively if inflation does not moderate enough. Polymarket traders assign a 72% chance to at least one rate increase in 2026. A separate contract places the probability of a September quarter-point hike at 57%. CPI, PPI and employment data could affect the Fed’s Sept. 15–16 decision. Barr supports a Fed rate hike if inflation stays high The Federal Reserve said in Barr’s Sept.…

Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets. Summary Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels. Crypto traders suffered about $115 million in long liquidations within one hour. Brent settled at $94.65, while U.S. crude closed above $90 per barrel. U.S. strikes targeted Iranian positions after reported attacks near the Strait of Hormuz. Bitcoin price falls below $77,000 The U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at…

X has begun investigating a wave of unsolicited password-reset emails and confirmation codes, although its initial review has found no evidence that the platform’s systems were breached. Summary X users reported receiving password-reset messages they had not requested. The company has found no evidence of a breach during its initial investigation. X advised users to enable two-factor authentication and Password reset protection. The email wave coincided with X Money’s expansion to eligible U.S. subscribers. X finds no breach in initial password-reset review X Product Engineering team member Mridul Singhai said Tuesday that the company was examining reports from users who…

RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. Summary An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral. RedStone said borrow caps tied to executable liquidity could have limited the losses. Cronos has restarted after restoring its chain state to a point before the attack. RedStone co-founder Marcin Kazmierczak told crypto.news that the oracle accurately reported TONIC’s price in the pool it monitored,…

Predict.fun has launched a self-service developer dashboard that lets builders create applications, generate API keys, monitor usage and manage rate limits from one interface. Summary Developers can create Predict.fun applications and generate API keys without opening a manual support request. The dashboard displays API usage and lets developers request higher usage-based rate-limit tiers. Existing API keys can be imported into the portal for centralized management. New applications receive trade burst limits for order creation and cancellation by default. Predict.fun developer dashboard centralizes API access Predict.fun said in a post on X that the new portal gives developers direct control over…

ETF inflows have broken the historical record of $1.66 billion, while XRP prices continue to decline amid market volatility. UE Crypto has launched a new cloud mining smart contract, and its return mechanism has attracted significant attention from XRP holders. Summary On August 31, XRP prices fluctuated between $1.37 and $1.39, declining by 2% over 24 hours. The Senate is scheduled to hold a cloture vote on the CLARITY Act at 2:15 p.m. on September 15. UE Crypto promotes its cloud mining contracts as an alternative for XRP holders seeking returns beyond price appreciation, with daily returns varying depending on…

Bitcoin price traded just below $78,000 on Sept. 1 after retreating from the $81,000 area, as fading trend strength, Federal Reserve rate concerns and nearby liquidation clusters kept the cryptocurrency inside a narrow range. Summary Bitcoin price fell about 1.9% over seven days after encountering resistance near $81,300. The 4-hour ADX dropped to 12.26, indicating weak directional momentum. Liquidation liquidity is concentrated around $81,000–$82,000 and $75,000–$77,000. A daily close above $82,842 would strengthen the case for another leg higher. Bitcoin price consolidates after 25% August rally According to data from crypto.news, Bitcoin (BTC) price was trading near $77,978 at press…

Strategy has spent $635.2 million repurchasing its STRC perpetual preferred stock as the security continues to trade below its $100 par value despite recovering from a low near $71. Summary Strategy has spent $635.2 million buying back STRC, which remains below its $100 par value at around $97. The latest STRC repurchase totaled $151.8 million at an average price of $97.48 per share. Strategy returned to Bitcoin buying with a $369.7 million purchase of 4,603 BTC, taking its holdings to 845,050 BTC. Strive’s SATA offers a 13% annualized dividend with daily payments, compared with STRC’s 12% rate paid twice monthly.…

The London Stock Exchange has partnered with Kraken parent Payward to bring shares of the 100 largest London-listed companies onto the xStocks tokenization framework, opening the door for the products to eventually trade through the exchange’s planned 24-hour venue. Summary London Stock Exchange and Kraken parent Payward will bring the 100 largest LSE-listed companies to the xStocks framework. The tokenized shares will be available to investors across more than 110 countries, though xStocks remain unavailable to UK investors. LSE plans to support xStocks trading on its LSE 24 venue, subject to regulatory approval. Payward and LSE will explore shares issued…

Protocol 26 tightened the smart contract layer, Protocol 27 is bringing automated market making to testnet, and a decentralized exchange is planned for September; the token has not moved above nine cents. Summary Pi Network completed its Protocol 26 mainnet upgrade by August 11, 2026, hardening contract security, state management, and cryptographic capabilities across 421,000 active nodes, and the Pi Core Team called it a major step before the “final planned upgrade,” Protocol 27. Protocol 27, currently on testnet, adds smart contract authentication, RPC server infrastructure, and an automated market maker (AMM) liquidity pool, with the Pi Core Team targeting…