Author: John Smith

The bankruptcy estate of crypto lender Celsius has filed a lawsuit against five companies tied to derivatives exchange BitMEX, alleging the platform engaged in fraud, manipulated markets and improperly liquidated customer positions during the chaotic crypto crash of March 2020. Celsius is demanding the return of 6,360.16 BTC ($490 million). Filed on September 12 in the U.S. Bankruptcy Court for the Southern District of New York, the suit names Blockchain Recovery Investment Consortium (BRIC) as the estate’s representative. Five defendants are listed: HDR Global Trading, ABS Global Trading, Shine Effort, 100x Holdings and HDR Global Services. Celsius also is seeking…

Ethereum developers have confirmed an Oct. 6 Glamsterdam activation on Sepolia while warning that cheap test ether could let malicious builders repeatedly win block auctions and withhold their transaction payloads during the public test phase. Summary Ethereum developers confirmed Glamsterdam will activate on Sepolia October 6 before a later Hoodi test. Developers warned free test ether could let disposable builders win bids and withhold execution payloads. Client teams were urged to release Sepolia-ready software by September 29, leaving seven review days. Devnet-11 completed its Gloas transition and raised gas limits from 60 million to 200 million. Ethereum has not scheduled…

BitGo has appointed Alex Rozman as chief compliance officer effective Sept. 21, placing the former Exodus compliance executive in charge of enterprise compliance and financial crime programs as the NYSE-listed digital asset company expands its regulated institutional business. Summary BitGo appointed Alex Rozman chief compliance officer, effective September 21, to oversee global compliance programs. Rozman brings over 25 years of compliance, legal, risk, AML, and sanctions experience across finance. BitGo became publicly traded in January after listing on NYSE and securing federal trust-bank approval. BitGo reported 5,833 clients and $65.2 billion in assets on platform during second quarter 2026. BitGo…

Avalanche Treasury Co. CEO Bart Smith has warned that AI agents could strain Layer 1 block space as automated financial activity moves onchain and traditional markets adopt longer trading hours. Summary Smith said AI agents could challenge the assumption that blockchain capacity is effectively unlimited. Rising transaction demand could make technical differences among Avalanche, Solana and Ethereum more important. Smith expects traditional markets to trade around the clock, five days a week, by mid-2027. Avalanche Treasury gives U.S. investors exposure to the network through its Nasdaq-listed AVAT shares. AI agents could test available block space The Block reported from the…

The Senate’s 50-49 failure to advance the CLARITY Act has left crypto firms without a federal market structure framework and could delay product launches, funding decisions, and commercial agreements, according to three industry experts. Summary The CLARITY Act failed to secure the 60 Senate votes required to open debate. WasabiCard expects regulatory uncertainty to delay some crypto launches, partnerships and funding decisions. The Decentralization Research Center urged the SEC and CFTC to provide clarity under existing powers. Paybis called for separate US and EU checks where their stablecoin requirements differ. CLARITY Act failure leaves jurisdiction questions open Kyle Bligen, executive…

XRP has fallen below the key $1.30 level after losing 7.3% on Tuesday, while Dubai-based crypto investor Royal Kane has ruled out buying the token because of its $81 billion market value. Summary XRP has dropped 23% from its recent high near $1.68. Royal Kane cited XRP’s large market capitalization in rejecting an investment. The Federal Reserve raised interest rates by 25 basis points on Sep. 16. The CLARITY Act failed to advance after a 50-49 Senate vote. Royal Kane, a Dubai-based crypto investor, wrote on X that he would not invest in XRP at its present valuation, pointing to…

Aurora Intents has added Sui as a destination for one-signature cross-chain transactions, extending access to a solver network that Aurora Labs says has routed more than $30 billion. Summary Users can fund and complete actions on Sui from supported external chains with one signature. Intents Connect removes separate bridging, wallet switching and SUI gas management from the process. NEAR Intents supplies the liquidity, settlement system and chain connections behind the service. Sui applications can use the integration for lending, trading, staking and yield-based products. In a Sep. 17 press release shared with crypto.news, Aurora Labs said its Intents Connect product…

Real-world asset futures trading has climbed from $760 million to $107.6 billion in nine months as commodities, equities and pre-IPO contracts have taken a larger share of on-chain derivatives activity. Summary RWA futures volume rose 142-fold between October 2025 and July 2026. July volume reached $107.6 billion, compared with $105.7 billion for crypto futures. Oil contract volume increased 149-fold within nine days of strikes on Iran. Pre-IPO futures generated $10.9 billion in monthly volume within three months. RWA futures have matched crypto trading volume OKX and Token Terminal said in a joint report that the change followed the Oct. 10,…

Seven Senate Democrats have reopened negotiations over the CLARITY Act after the chamber rejected cloture in a 49-50 vote, leaving the crypto market structure bill 11 votes short of the 60 required to begin debate. Summary Seven Democrats who opposed cloture said the CLARITY Act effort is “not the end.” Coinme’s Neil Bergquist said federal market structure rules would not replace state licensing requirements. Unclear SEC and CFTC authority forces platforms to assess each token’s legal and operational risks. Bergquist expects agency rulemaking to continue while the bill remains stalled before the midterms. Coinme CEO and co-founder Neil Bergquist told…

BNB price traded near $721 on Sep. 17 after buyers defended the $709–$710 area, but weakening daily momentum and dense liquidity above $739 leave the token without a clear breakout signal. Summary BNB price recovered from a daily low near $709 but remained below resistance at $729. The 4-hour RSI returned to 50.84, showing balanced momentum after the rebound. Daily MACD recorded a bearish crossover, while the histogram fell to -5.04. Liquidation clusters near $710 and $740 could shape BNB’s next major move. BNB price consolidates above $710 BNB (BNB) price was trading at approximately $721 at the time of…