Crypto World News
Crypto World News
ESMA says Polymarket and Kalshi lack EU authorization to market event contracts, flagging weak geo-blocking and VPN controls. The 2026 warning impacts investors, exchanges, and Polygon ecosystems, signaling tighter MiFID II enforcement and a potential split between regulated and offshore prediction markets across Europe now.
Aave is deploying its lending markets on ARC, Circle's USDC-native Layer-1 blockchain. With over $35 billion in TVL, the move positions DeFi's largest credit protocol at the center of emerging stablecoin infrastructure for institutional payments, settlement, and next-generation internet finance applications globally.
Spot Bitcoin ETFs posted $283 million in net outflows on September 10, marking three consecutive days of withdrawals, while spot Ethereum ETFs lost $29.76 million despite BlackRock's ETHA bucking the broader trend with $13.95 million in fresh daily inflows.
Sam Altman said OpenAI is open to slowing cutting-edge AI development and wants rival labs to coordinate, Bloomberg reports. The shift could cool demand for decentralized compute like Bittensor and Render, reshape AI token momentum, and open space for verifiable blockchain alternatives.
Nasdaq invested $100 million in Payward, Kraken's parent, at a $21 billion valuation, signaling major TradFi-crypto convergence. The strategic stake boosts Kraken's IPO prospects, enables Nasdaq technology integration, and intensifies exchange consolidation amid growing institutional adoption and regulatory maturation globally.
A partnership with Moov will bring regulated stablecoin infrastructure to over 1,000 small and community banks via existing cores, enabling acceptance, settlement, and real-time funding using USDC and PYUSD. It marks a shift from exchange-centric settlement to embedded banking rails under the GENIUS Act framework.
Arthur Hayes warns the AI infrastructure spending boom could reverse and trigger a 2028 financial crisis worse than 2008. He argues aggressive Federal Reserve money printing to contain contagion would ultimately fuel Bitcoin, as crypto tracks liquidity cycles more than tech equities.
Citadel Securities urged the SEC, not the CFTC, to oversee prediction contracts tied to public companies. Its Sept. 9 letter argued KPI contracts are security-based swaps, warning CFTC self-certification risks market fragmentation for Kalshi, Polymarket, and Crypto.com and reshapes oversight of tokenization, perpetuals, and crypto prediction infrastructure nationwide.
US Bank executed a live cross-border transaction using USBDC, its proprietary dollar-backed stablecoin on Stellar. The milestone highlights accelerating institutional adoption of bank-issued stablecoins for continuous 24/7 treasury operations, liquidity management and faster settlement beyond traditional banking rails.
AI researcher Jacob Coxon resigned from Anthropic, warning frontier labs are gambling with humanity by racing toward self-improving superintelligence despite private existential fears, a shift intensifying crypto's push for decentralized, verifiable AI infrastructure and governance amid growing regulatory scrutiny.