Author: John Smith

Ondo Finance has become the first tokenization company to enter DTCC’s Fund/SERV network, connecting its regulated U.S. subsidiary with infrastructure that processes more than 85% of domestic mutual fund transaction volume. Summary Oasis Pro Markets can connect with fund companies and financial distributors through one standardized network. Fund/SERV processes transactions, confirmations, reconciliation, distributions, and several reporting functions. Oasis Pro holds registrations covering broker-dealer, trading system, and transfer-agent services in the United States. Ondo has also expanded its tokenized securities business through U.S., Japanese, and blockchain-based products. Ondo Finance said its subsidiary Oasis Pro Markets has joined Fund/SERV as a member,…

Hyperliquid’s HYPE token fell about 7.5% over the past week, retreating from $83.55 to around $78.70 as legal concerns and weaker technical momentum weighed on its recent rally. Summary HYPE price has fallen 7.5% since Sep. 10 after setting a record high near $89. 4-hour Supertrend resistance sits at $82.30, keeping the short-term structure bearish. Bollinger Band support at $75.83 remains the main level protecting the broader uptrend. Hyperliquid reportedly bought and burned 36,720 HYPE worth $2.84 million within 24 hours. HYPE price retreats from record high Hyperliquid (HYPE) price traded near $78.70 on Sep. 16 after falling from an…

Bitcoin price fell toward $75,500 after the U.S. Senate rejected the CLARITY Act, while bearish momentum and nearby liquidation clusters raised the risk of another decline before the Federal Reserve’s rate decision. Summary Bitcoin price traded near $75,940 after briefly sweeping the $75,350–$75,500 support area. The Senate’s 49-50 procedural vote left the CLARITY Act short of the required 60 votes. 4-hour RSI fell to 37.23 as BTC remained below the Bollinger Band midpoint. The daily chart places the next major Fibonacci support near $72,547. According to data from crypto.news, Bitcoin (BTC) price traded at approximately $75,940 at press time, according…

UK banks have retained widespread restrictions on payments to cryptocurrency exchanges as the Financial Conduct Authority prepares to open its new crypto authorization gateway on Sept. 30. Summary Nine major UK banks currently impose limits or outright blocks on payments to crypto exchanges. FCA authorization applications open September 30, before the new crypto regime begins October 25, 2027. FCA guidance covers regulated stablecoin issuance, trading platforms, custody, dealing, arranging deals and staking services. Government policy expects licensed crypto firms to receive fair banking treatment, but banks retain discretion. Industry research says roughly 40% of UK bank-to-exchange crypto transfers are blocked…

Six Malaysian men have been sentenced to prison over an armed robbery at a Singapore high-stakes poker game where the group stole roughly S$4.9 million in cryptocurrency, cash and luxury goods. Summary Six Malaysian men received prison terms for the S$4.9 million armed Singapore poker robbery case. Wong and Goh each received 12 years 11 months, 24 strokes and S$4,000 fines respectively. Police recovered roughly S$1.69 million, leaving about S$3.21 million of stolen property unrecovered after sentencing. Prosecutors said the robbers stole approximately S$3.6 million in cryptocurrency from the poker game’s hostess. Muhammad Yusuf Kassim remains at large and reportedly…

Crypto exchanges have liquidated roughly $571 million in bullish futures positions over 24 hours after the U.S. Senate failed to advance the CLARITY Act on Sept. 15, with Bitcoin and Ether longs absorbing around $190 million each. Summary Crypto exchanges liquidated roughly $571 million in long positions during the 24-hour selloff, CoinGlass reported. Bitcoin and Ether longs each lost roughly $190 million as leveraged bullish positions were force-closed. Senate cloture failed 49-50 on September 15, leaving H.R. 3633 short of required Senate support. XRP longs lost around $30 million, while Solana long liquidations totaled approximately $22 million overnight. Bitcoin traded…

The crypto market has lost more than 2% of its value, pushing Bitcoin below $76,000 as traders prepare for a likely Federal Reserve rate hike and a key Senate vote on the CLARITY Act. Summary The global crypto market capitalization fell more than 2% to about $2.6 trillion. Bitcoin dropped over 3% and traded below the $76,000 level. Fed futures placed the probability of a 25-basis-point rate increase above 92%. The Senate’s CLARITY Act cloture vote presents another source of uncertainty for traders. Crypto market loses $76,000 Bitcoin support Data from the crypto market showed widespread losses on Sept. 15,…

Federal prosecutors have charged two Robinhood engineers with commodities fraud and wire fraud after each allegedly earned more than $50,000 by trading crypto perpetual futures with confidential listing information. Summary Two Robinhood engineers allegedly traded before the company announced new cryptocurrency listings. Each defendant allegedly earned more than $50,000 through perpetual futures positions on Hyperliquid. Commodities fraud carries a maximum 10-year sentence, while wire fraud carries up to 20 years. The criminal complaints remain allegations, and both engineers are presumed innocent unless convicted. Robinhood engineers allegedly traded before listings The U.S. Attorney’s Office for the Southern District of New York…

BitBox has added a self-custody Lightning hot wallet to the BitBoxApp, letting hardware-wallet users make faster Bitcoin payments through their existing backup without recording another recovery phrase. Summary BitBox users can create a Lightning wallet from their existing hardware-wallet backup. The hot wallet supports Lightning invoices, addresses, and transfers to or from on-chain balances. Breez SDK and Spark remove the need to operate nodes, channels, or liquidity. Hardware-held savings and the Lightning spending balance remain separate within the BitBoxApp. BitBox Lightning wallet separates spending from savings BitBox announced the integration as part of its September 2026 Meggen update, adding Lightning…

Dollar stablecoins have grown to about $300 billion in circulation, prompting a Bank of England policymaker to warn that their expansion could increase demand for US Treasurys while creating new risks during periods of heavy redemptions. Summary Dollar-linked tokens account for about 98% of the global stablecoin market. USDT and USDC held nearly $150 billion in Treasury bills at the end of 2025. The two issuers bought about $33 billion in Treasury bills during the year. Large redemptions could force reserve sales and add pressure to stressed Treasury markets. Stablecoins could extend the dollar into new markets The Bank of…