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Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO

Bitwise’s Matt Hougan expects revenue-capture mechanisms to spread across DeFi applications and layer-1 networks over the next 12 to 24 months.

Hawaii crypto ATM ban to take effect on Oct. 1

Hawaii will join Minnesota, Tennessee and Indiana in becoming the fourth US state to completely ban the use of cryptocurrency ATMs and kiosks in response to scams.

Goldman Sachs to acquire ETF manager NEOS in $2.25B deal

The deal would add NEOS’ $30 billion ETF business, including Bitcoin- and Ether-linked income funds, to Goldman Sachs Asset Management.

NYC council announces probe into ‘predatory marketing practices’ on prediction markets

Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing practices.

Kraken adds S&P 500 to funded trading program, commodities to follow

Kraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.

Bitwise cuts 14% of staff while still expecting growth

Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons, including shifting to AI and market forces.

FlightAware drops Kalshi lawsuit one day after filing

Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation data.

Bank of England tests stablecoin, digital pound interoperability in cross-border payments

The Digital Pound Lab is testing a cross-border trade finance flow combining stablecoin payments with simulated digital pound settlement.

HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin

HashKey has become an authorized distributor for Anchorpoint’s HKDAP, expanding institutional access as Hong Kong’s regulated stablecoin market takes shape.

Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.

Kalshi launches sports and crypto perps data feed on DoubleZero

Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.

Slovenia joins EU’s MiCA stablecoin register with first issuer

Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs.

Slovenia joins EU’s MiCA stablecoin register with first issuer

Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs.

El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’

Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s global profile.

Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report

Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.

Fidelity files with SEC to add staking to Ethereum ETF

Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors.

Binance, RedotPay clash over fate of Singapore lawsuit

Amid a $473 million legal dispute, RedotPay says it expects Binance to end its Singapore case, while Binance says its claims remain active.

Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low

Bitcoin miners showed a “concerning” trend of pivoting to AI amid a profit squeeze as transaction-fee income barely bounced from 10-year lows of 0.52% of revenue.

Crypto companies urge AI firms to give Bitcoin developers early access

The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and open-source developers in their cybersecurity efforts.

Inside the fake crypto startup that fooled North Korean IT workers

Suspected North Korean IT workers joined a fake crypto startup — without realizing their every move was being tracked to extract valuable intel.

Harmony considers rollback after suspected exploit inflates ONE supply

Harmony is working with exchanges to freeze funds and is preparing a patch after claims that 2.8 billion unauthorized ONE hit trading platforms.

CFTC invokes emergency powers to keep Kalshi operating in New York fight

The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.

CFTC invokes emergency powers to keep Kalshi operating in New York fight

The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.

SEC to address crypto regulations in absence of CLARITY passage

The US securities regulator scheduled a meeting this week with the potential to step up on digital asset policies without congressional action.

ADI Chain, Shipfinex partner to tokenize $500M vessel pipeline

Shipfinex plans to bring 35 vessels onchain through ADI Chain as tokenization expands into the multitrillion-dollar maritime industry.

South Korea drops Travel Rule threshold for crypto transfers

South Korea will remove its 1 million won Travel Rule threshold and apply information-sharing requirements to all transfers between registered crypto service providers.

Judge stays CFTC’s case against US soldier over prediction market bets

A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets.

Strategy turns 1,690 BTC into $108.6M STRC buyback

Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.

Australia orders Cryptolink Bitcoin ATMs offline over ‘basic reporting’ failures

Australia’s financial watchdog has suspended Cryptolink’s registration for three months, adding to a crackdown that previously saw the Bitcoin ATM operator fined $56,340.

BIP-110 Bitcoin branch stalls after two blocks as gap widens

The enforcing fork remains stuck at Bitcoin’s full mining difficulty as mandatory signaling proceeds with little hashpower support.

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