Author: John Smith

SEC Chair Atkins expects passage, but the September 15 action is a 60-vote cloture hurdle with at least three unresolved fights capable of sinking the most ambitious crypto bill in American history. Summary The Senate cloture vote on September 15 at 2:15 p.m. ET requires 60 votes to proceed; Republicans hold 53 seats but face defections from Senators Rand Paul, Josh Hawley, and possibly Thom Tillis, forcing leadership to find 10 or more Democratic crossover votes when only two crossed over in committee. Three unresolved disputes threaten the bill: ethics rules targeting President Trump’s $1.4 billion in crypto income, DeFi…

Curve DAO approved yRisk as its new risk-management provider for crvUSD and Llamalend on Sept. 2, assigning the mandate to two contributors who are also primary developers of Resupply. Summary Curve DAO approved yRisk to monitor crvUSD and Llamalend through a twelve-month risk management mandate. yRisk will receive 125,000 frxUSD and 568,181 CRV through two revocable one-year vesting streams separately. Its two contributors disclosed being primary Resupply developers, whose protocol suffered a 2025 donation attack. The proposal and Curve comparison did not mention Resupply’s approximately $9.6 million exploit explicitly anywhere. yRisk’s binding funding vote passed with 621.2 million veCRV supporting…

Coinbase has filed two SEC notice registrations dated Sept. 1 as it works to bring single-stock perpetual contracts to the United States through its regulated derivatives exchange and brokerage. Summary Coinbase Derivatives filed Form 1-N to register as a security futures exchange. Coinbase Financial Markets submitted Form BD-N as a limited-purpose security futures broker-dealer. The filings do not provide a launch date, a list of supported stocks, or proposed leverage limits. Single-stock futures fall under the joint oversight of the SEC and CFTC. Coinbase said in a Sep. 3 post on X that it is working to offer single-stock perpetual…

Paxos-issued USDG has launched natively on Mantle, adding the Ethereum layer-2 network to a stablecoin coalition with more than 150 partners. Summary USDG can now be minted directly on Mantle and used for DeFi liquidity and institutional settlement. Mantle has joined the Global Dollar Network and can share in rewards generated by USDG activity. USDG had about $3.18 billion in circulation, ranking seventh among stablecoins tracked by DefiLlama. Mantle’s distributed RWA value reached $234.2 million after rising 19% over 30 days. USDG brings native stablecoin issuance to Mantle Global Dollar Network said in its announcement on Sept. 3 that USDG…

BitMEX co-founder Ben Delo has supplied £4 million ($5.4 million), or about 75%, of the £5.3 million raised by Reform UK during the second quarter of 2026. Summary Ben Delo gave Reform UK £4 million through two donations made in April. Delo’s contributions accounted for about 75% of the party’s second-quarter funding. Reform UK raised more than Labour and the Conservatives from April through June. President Donald Trump pardoned Delo and two other BitMEX co-founders in March 2025. Ben Delo supplied most of Reform UK’s Q2 funding Electoral Commission records published on Sept. 3 showed that Delo made two cash…

U.S. lawmakers have proposed permanently banning artificial superintelligence, pausing advanced AI development, and imposing prison terms of up to 20 years for violations. Summary The proposal would ban AI systems matching or exceeding human ability across many tasks. Advanced AI work would pause until a new federal regulator establishes safety and review rules. Individuals could face 20 years in prison, while companies could receive a “corporate death penalty.” The proposal arrived as OpenAI released GPT-6 Astra and acknowledged growing monitoring problems. Sanders’ office said on Sept. 3 that Sen. Bernie Sanders, I-Vt., and Rep. Greg Casar, D-Texas, had announced the…

Binance has denied that a system or pricing failure caused more than $5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about $0.0076 to nearly $0.045 on Sept. 3. Summary A trader claims that more than 30 funding-rate arbitrage positions lost over 5 million USDT. Binance says its pricing and liquidation systems operated normally during the AKE surge. The exchange uses external spot-market data because it does not list AKE for spot trading. The trader has requested transaction records, liquidation details and Binance’s risk-control logs. Binance says AKE liquidations followed market volatility X user xunlu alleged…

September rate-hike odds have fallen to 38% on Polymarket after Federal Reserve Governor Christopher Waller said cooling August inflation could persuade him to support holding rates steady. Summary Polymarket priced a 38% chance of a September rate hike after Waller’s remarks. Waller said a hot August inflation report could lead him to support tighter policy. August PPI and CPI figures are scheduled for Sept. 10 and Sept. 11, respectively. The Federal Open Market Committee will announce its rate decision on Sept. 16. Waller makes August CPI the Fed rate hike test The Federal Reserve said in Waller’s published remarks on…

Hyperliquid has introduced a preliminary HIP-3 testnet upgrade that lets independent deployment teams control access to perpetual futures markets through deployer-managed on-chain allowlists. Summary HIP-3 deployers can choose whether to restrict access to their independently operated markets. On-chain allowlists can be managed by deployers or sub-deployers appointed by them. Existing HIP-3 markets will remain unchanged because the permissioning feature is optional. Separate talks involving Hyperliquid Labs, Payward and Bitnomial remain subject to CFTC clearance. Hyperliquid co-founder Jeffrey Yan said in a testnet proposal that deployers will be able to create permissioned markets and manage their participant lists without handing access…

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. As of September 3, 2026, XRP experienced a strong rebound in August, briefly approaching $1.70 before retreating to around $1.36 with the rally mainly driven by continued accumulation by whales, inflows into spot XRP ETFs, and increased institutional investment demand. Summary XRP spot ETFs recorded $170 million in inflows over 11 consecutive days, with cumulative net inflows reaching about $1.57 billion by…