Author: John Smith

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…

Hyperliquid opened its HIP-4 outcome-market infrastructure to outside venues on Aug. 29, and daily trading volume nearly tripled within three days, according to research published Sept. 3. Summary Hyperliquid opened HIP-4 deployment August 29, and reported daily outcome volume tripled within three days. Two outside venues each posted 500,000 HYPE bonds to deploy markets using approved templates independently. Outcome captured 85% of reported volume while offering traders a $1 million active rebate program. Hyperliquid validators publish settlement prices every three seconds, according to the research collective’s analysis publicly. U.S. availability would require regulatory authorization, while sports contracts could face additional…

Standard Chartered has expanded institutional Bitcoin and Ether spot trading to the UAE through its DIFC branch, giving eligible clients access to deliverable crypto trades through the bank’s existing electronic trading systems. Summary Standard Chartered has launched institutional Bitcoin and Ether spot trading in the UAE through its DIFC branch. Eligible clients can trade BTC and ETH through the bank’s existing electronic trading channels and FX interfaces. Clients can settle trades with a custodian of their choice, including Standard Chartered’s UAE digital asset custody service. The bank said it is the first G-SIB to provide institutional digital asset spot trading…

Thailand’s Securities and Exchange Commission has proposed new rules requiring digital asset operators to collect, verify and retain information tied to crypto transfers under its planned Travel Rule framework. Summary Thailand’s SEC has proposed a Travel Rule requiring digital asset operators to collect and verify information tied to crypto transfers. Operators would have to verify ownership or control of self-hosted wallets and conduct checks on counterparties and service providers. Transaction records would need to be retained for at least five years, with immediate regulatory access required during the first two years. The proposal is designed to improve transaction tracing and…

Backpack US appointed Multicoin Capital cofounder Kyle Samani to its board of directors on Sept. 2 as the company expands its regulated financial services in the United States. Summary Backpack US appointed Multicoin Capital cofounder Kyle Samani to its board of directors on Wednesday. Samani stepped back from Multicoin in February while retaining an advisory relationship with the firm. He remains chairman of Forward Industries, a publicly traded company pursuing a Solana treasury strategy. Backpack says the appointment will support its expansion across regulated U.S. and onchain financial markets. Backpack reports serving users across 150 countries and processing more than…