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News
Term Finance Loses $8.5M in Governance Exploit
3+ hour, 11+ min ago (330+ words) Term Finance, an Ethereum-based fixed-rate lending protocol, lost about US$8.5 million (AU$11.9 million) on 23 August after an attacker took over the governance system controlling its vaults, and Term Labs has since shut those vaults down for good. PeckShield put the…...
Chainlink Exec Sees AI Agents and Robots Driving Blockchain Activity
3+ day, 2+ hour ago (165+ words) AI agents and robots could drive a growing share of blockchain activity as autonomous systems increasingly require infrastructure for communication and transactions, Chainlink Labs executive Andrew McCormick said. McCormick, the company’s head of institutional strategy, believes the expansion of agentic…...
CME, Kalshi Executives Clash Over Prediction Market Regulation
3+ day, 1+ hour ago (205+ words) CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed over prediction-market regulation during a Commodity Futures Trading Commission meeting on Thursday, highlighting a growing divide between traditional exchanges and newer event-contract platforms. Duffy argued that some prediction…...
Ripple Raises US$275M to Fuel Financial Services Expansion
4+ day, 2+ hour ago (270+ words) Ripple has secured US$275 million (AU$387.75 million) from an upsized private placement of senior unsecured notes, adding fresh funding as it expands its financial services business in the US. The capital was raised through Ripple Prime, Ripple’s non-bank prime brokerage,…...
Trump Says CFTC Is Working to Bring Hyperliquid Into the U.S.
4+ day, 2+ hour ago (301+ words) President Donald Trump said the head of the US derivatives regulator is working to bring Hyperliquid into the United States, telling a White House meeting with crypto and prediction market executives on Wednesday that the offshore perpetuals venue could be…...
Ripple: Sept. 15 Could Be a Make-or-Break Moment for the Crypto Clarity Act
5+ day, 2+ hour ago (253+ words) The future of the US Clarity Act could become clearer on September 15, when the Senate is expected to take its first procedural step on the crypto market-structure legislation. Ripple Chief Legal Officer Stuart Alderoty said the date will be a…...
Metaplanet Takes Bitcoin Treasury Strategy to the US With US$132 Million Nasdaq Deal
5+ day, 2+ hour ago (282+ words) Crypto News Australia Metaplanet Takes Bitcoin Treasury Strategy to the US With US$132 Million Nasdaq Deal - Metaplanet is set to take majority control of Super League Enterprise, which will retain its Nasdaq listing and existing advertising and media business. - Super…...
OCC Gives Conditional Bank Charter Approval to Trump-Linked World Liberty
6+ day, 2+ hour ago (246+ words) The bank’s planned activities centre on USD1, World Liberty’s stablecoin, with the institution expected to issue and redeem the token while managing the reserves supporting it. The firm said USD1 had surpassed US4 billion (AU$5.68 billion) in circulation on Friday. The OCC’s approval…...
Treasury Opens Comment Period on GENIUS Act Stablecoin Rules
6+ day, 2+ hour ago (373+ words) The US Treasury has proposed the first regulations under the GENIUS Act, a 77-page rule setting who may issue, offer and sell payment stablecoins in the United States, and opened a fresh comment period on it. The notice of proposed…...
Binance Shared Crypto Donation Data With Russia Despite Exit, Reuters Reports
6+ day, 2+ hour ago (413+ words) Turns out Binance handed Russian investigators the identity and transaction details of a customer who donated to Ukrainian fundraising campaigns, and Russian prosecutors used the material to charge him with terrorism financing. According to a Reuters report, Russia’s Investigative Committee…...