Author: John Smith

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…

Consensys Software Inc. announced on Sept. 9 that it plans to divide its consumer and institutional operations into two independently operated companies.  Summary Consensys Software will rebrand as MetaMask while transferring protocol and institutional operations into new Consensys. Joe Lubin will lead MetaMask and serve as executive chairman of the new Consensys company. Mike Kriak becomes Consensys chief executive, with David Cunningham serving as president after the separation. Linea, Besu and Teku will remain within Consensys alongside its institutional blockchain infrastructure businesses. Both companies will operate independently, with completion of the corporate separation expected by year-end 2026. The existing legal…

Bitcoin price remained under pressure near $78,500 after a retreat from its Sept. 3 peak of $82,283, while weakening momentum and a possible head-and-shoulders pattern raised the risk of a deeper correction. Summary Bitcoin price fell about 4.6% from $82,283 to trade near $78,500. The 4-hour RSI stood at 43.58, showing that sellers retained a modest advantage. A possible head-and-shoulders pattern places $78,000–$79,000 at the key neckline. Liquidation clusters sit near $80,000 above price and $77,500 below it. Bitcoin price action today According to data from crypto.news, Bitcoin (BTC) price traded near $78,500 late on Sept. 9 after moving between…

World has opened its standalone Solana prediction market platform to more than 1 million waitlisted users after creating over 150,000 markets through its Phantom integration. Summary More than 1 million waitlisted users can now access World through its standalone website. Over 150,000 markets have been created across sports, crypto, politics, finance, economics, and culture. Chainlink Data Streams and its Runtime Environment provide market data and automate contract resolution. World plans to introduce equity, commodity, and weather markets after the initial launch. World gives waitlisted users direct market access World said in a Sept. 9 announcement that world.xyz now gives more…

Ripple Chief Legal Officer Stuart Alderoty has urged undecided and opposing senators to hear from an estimated 67 million American crypto holders before the CLARITY Act faces a 60-vote procedural test on Sep. 15. Summary Alderoty has contacted Senate offices and asked lawmakers to speak directly with crypto holders. The Sep. 15 cloture vote requires 60 senators and would open debate, not pass the bill. Ethics rules, stablecoin rewards, and protections for decentralized finance remain points of dispute. Republican senators have warned that the bill could fail without further compromise. Alderoty asks senators to meet crypto holders Ripple Chief Legal…