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Author: John Smith
Circle has added upfront fee payments to CCTP Fast Transfer, allowing developers to quote and collect cross-chain USDC fees on the source network while preserving the amount delivered to recipients. Summary CCTP developers can collect Fast Transfer and Forwarding Service fees before a USDC transfer. Fees can be paid in USDC or the source blockchain’s native gas token. Circle’s Quote API combines supported protocol fees into one signed, time-limited quote. Upfront fees require an EVM source chain, although transfers can still end on supported non-EVM networks. CCTP collects transfer fees before burning USDC Circle’s official developer documentation says the process…
Kalshi has lost an emergency injunction request at the 10th Circuit, leaving Utah free to enforce its gambling laws while the prediction market operator pursues its appeal. Summary The 10th Circuit denied Kalshi’s request for an injunction pending appeal. Utah may now bring civil or criminal enforcement action against the prediction market operator. States have won 12 consecutive federal rulings since an earlier Minnesota decision favored prediction markets. New Jersey has asked the Supreme Court to settle the federal-versus-state jurisdiction dispute. Utah can enforce its gambling laws against Kalshi Legal analyst Daniel Wallach said in an X post that the…
Copper CEO Amar Kuchinad has left the crypto custody company four months into a sale process that reportedly values the firm at $500 million despite potential offers near $200 million. Summary Kuchinad has departed less than two years after taking over from Copper founder Dmitry Tokarev. Cantor Fitzgerald has been marketing the custody company with a reported $500 million price tag. Potential buyers have submitted offers near $200 million, according to an earlier report. Copper recently appointed Elin Cherry and Sean Bowen to senior compliance and operations roles. Copper CEO leaves during buyer search According to a report on Sep.…
CoinCorner has launched a Bitcoin custody service for UK customers that charges a 1.5% annual fee and uses keys held separately by CoinCorner and AnchorWatch. Summary CoinCorner and AnchorWatch each control a key, preventing either company from moving customers’ Bitcoin alone. Lloyd’s of London underwriters cover key loss and unauthorized access involving Bitcoin held in Vault. Customers can add or remove funds without a long-term commitment and set custom identity checks. CoinCorner’s crypto services remain outside FCA regulation and are not protected by the UK’s FSCS. CoinCorner said its new Vault uses multi-signature technology to divide control of customers’ Bitcoin…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. XRP derivatives experienced a rare 10,535% liquidation imbalance during the Labor Day period, a time typically characterized by lower liquidity. Summary XRP briefly fell to about $1.38 as leveraged long liquidations intensified during low holiday liquidity. XRP open interest reportedly dropped 14%, from $558 million to $478 million. US spot XRP ETFs recorded an eighth straight week of inflows, adding approximately $19…
Bitcoin has become one of the world’s largest pools of digital capital, yet only a small fraction participates in onchain financial activity. Summary Stacks plans to use self-custodial Bitcoin Staking as an entry point for BTC holders, targeting roughly 3% annualized rewards paid in Bitcoin. Its roadmap moves from attracting Bitcoin capital to scaling network infrastructure and expanding into lending, trading, perpetual markets and programmable BTC. StackingDAO, Bitflow, Zest Protocol and Hermetica are developing liquid staking, trading, credit and yield products that could give staked and Bitcoin-linked capital more uses across the ecosystem. Other crypto ecosystems built large economies around…
Robinhood’s tokenized AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. Summary Robinhood Stock Tokens provide economic exposure but grant holders no ownership or voting rights whatsoever. IOSG estimated tokenized AMC supply expanded nineteenfold as arbitrageurs responded to an onchain price premium. AMC shares rose during premarket trading, although researchers could not isolate token related buying precisely. Dynamic creation and redemption can close premiums, limiting sustained squeezes in genuinely backed stock tokens. Market closures can interrupt issuance, leaving token…
Binance founder Changpeng “CZ” Zhao said on Sept. 7 that initial public offerings “will move on chain,” as regulated exchanges and blockchain companies expand infrastructure for tokenized securities. Summary CZ predicted IPOs will move on-chain but provided no timeline, structure or named issuer publicly. Tokenized stocks hold approximately $2.9 billion on-chain, according to current data published by RWA.xyz today. France’s ST Group raised €2.07 million through a fully tokenized IPO completed during April 2026. SEC staff says tokenizing securities does not alter registration, disclosure or investor-protection requirements under law. Nasdaq and NYSE rules permit eligible tokenized securities to trade alongside…
Germany’s debate over Bitcoin taxation has gained a new political dimension after the Alternative for Germany won nearly 44% of the vote in Saxony-Anhalt, months after the party opposed plans to remove the country’s one-year crypto tax exemption. Summary The AfD won nearly 44% of the vote in Saxony-Anhalt and secured 39 of the state parliament’s 83 seats. The party has opposed efforts to remove Germany’s one-year tax exemption for privately held Bitcoin and other crypto assets. Germany’s government plans new crypto tax legislation for 2027, although the final mechanism has not yet been disclosed. Chainalysis estimated Germany generated $24.1…
Metaplanet CEO Simon Gerovich acknowledged on Sept. 6 that the company had not adequately explained its Series 10 executive option plan or the structure connecting him to major shareholder MMXX Ventures. Summary Metaplanet fixed its Series 10 option pool at 319,464,000 potential shares after removing automatic adjustments. Simon Gerovich exercised 92,000 rights, receiving 64,032,000 shares subject to a five-year transfer restriction afterward. Gerovich said he owns a non-majority interest in MMXX’s parent and makes no trading decisions. Shareholders continue requesting MMXX ownership details and cancellation of 273 million additional reward-pool shares publicly. Gerovich said he is a “significant but non-majority…
