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Revolut Starts EURR Rollout With Bridge as Regulated Issuer
TradFi & Fintech

Revolut Starts EURR Rollout With Bridge as Regulated Issuer

Revolut opens EURR to selected customers in three countries; Bridge reported €374 outstanding, compared with €394.5 million of Circle’s EURC.
SEC Crypto Custody Rewrite Enters White House Review
Regulation & Politics

SEC Crypto Custody Rewrite Enters White House Review

The planned rule would cover advisers and investment companies and clarify digital-asset custody, following the withdrawal of a separate 2023 proposal.
Brent Tops $106 And Hike Odds Reach 64% As Crypto Sells Off
Markets

Brent Tops $106 And Hike Odds Reach 64% As Crypto Sells Off

One hundred and three of the 125 largest non-stablecoin tokens were lower on the day after August producer prices came in at 0.4% and the 30-year Treasury yield passed every close of the past five years. Bitcoin traded at $77,120. Ether.fi rose 14.2% on a buyback vote that closed a week ago.
ANON Triples After Sesta Deploys AMM On Robinhood Chain
DeFi

ANON Triples After Sesta Deploys AMM On Robinhood Chain

Daniele Sesta says Equilibra, a custom automated market maker with adaptive fees and optional auto-repeg, is testing on Robinhood Chain and sits under the HeyAnon token, which set an all-time low a day earlier.
Robinhood Chain Revenue Falls 83% From Its Peak While Trading Volume Sets Records
Blockchains

Robinhood Chain Revenue Falls 83% From Its Peak While Trading Volume Sets Records

The chain kept $943,728 on Sept. 10 against $5.44 million on Sept. 4, its lowest daily take since Aug. 29. Transactions were flat and decentralized exchange volume over the week rose 27%. The average transaction cost $0.077 in gas, against $0.43 at the peak.
Senate Republicans Post Revised CLARITY Act Text Five Days Before Cloture Vote
Regulation & Politics

Senate Republicans Post Revised CLARITY Act Text Five Days Before Cloture Vote

The Sept. 10 substitute adds CFTC registration and Bank Secrecy Act obligations for trading protocols that are not decentralized, limits the DeFi title to spot and cash digital commodity transactions, and clarifies what credit unions may do with digital assets. The seven Senate Democrats who have negotiated the bill for a year have not withdrawn the statement of opposition they issued in July.
Standard Chartered Says SKY Token Will 5X to $0.325 by 2028
DeFi

Standard Chartered Says SKY Token Will 5X to $0.325 by 2028

Geoff Kendrick calls Sky "DeFi's federal bank" and forecasts a five-fold rise in the value the protocol passes to token holders by end-2028. The thesis runs on USDS supply growth.
Spark Opens Its USDT Savings Vault To OKX Users
DeFi

Spark Opens Its USDT Savings Vault To OKX Users

The exchange routes USDT deposits into a Spark vault on X Layer, OKX's own Layer 2 network, where the vault holds under $500 and Spark's risk reviewers noted the chain can be upgraded by its operator without delay.
Blockstream Rejects Ransom Demand After Liquid Bitcoin Exploit
Security

Blockstream Rejects Ransom Demand After Liquid Bitcoin Exploit

Liquid said on Sept. 8 that 3,400 BTC had been returned and about 598.5 BTC remained outstanding; transactions later resumed with peg-outs disabled.
Uniswap Launches Dynamic Fees for Two Stable-Pair Pools
DeFi

Uniswap Launches Dynamic Fees for Two Stable-Pair Pools

The two Ethereum launch pools pair USDC with USDT and USDG; corrective trades outside the price band face a fee that falls each block.