Top Stories

Riot Platforms Repays $200M Debt, Unlocks 5,821 BTC From Collateral

THORChain Refuses to Block $387M in Bitget Hack Funds, Citing Decentralization

Bitcoin Holds Gains as Trump Rejects Iran Ceasefire and Signals Post-Midterm Strikes

Blockchain Association CEO Summer Mersinger Steps Down After CLARITY Act Fails to Advance

SEC Staff FAQs Clarify Token Buybacks and Staking, Easing Securities Scrutiny

Strategy Seeks Daily Dividends on Four Preferred Stocks

Jumper Spins Out as Independent Company, Launches JUMP Token Sale on Legion September 29

CoinMarketCap Acquires CoinGlass in Derivatives Data Push
Editor's Picks

Aave V4 on Base Accepts Coinbase Tokenized Stocks as Collateral for USDC Loans

Strategy Seeks Daily Dividends on Four Preferred Stocks

Jumper Spins Out as Independent Company, Launches JUMP Token Sale on Legion September 29
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Markets

Solana ETF Inflows Hit Record $188M as Alpenglow Cuts Finality to 150ms
$188.21 million flowed into US-listed Solana ETFs last week, the largest weekly total since launch, as the Alpenglow upgrade cut transaction finality to 150 milliseconds and raised fault tolerance from 33% to 40%. Pump.fun's $5.83 million SOL sale offset some momentum, keeping the token at...

Riot Platforms Repays $200M Debt, Unlocks 5,821 BTC From Collateral
Riot Platforms has repaid its $200 million credit facility in full, freeing 5,821 Bitcoin that had been pledged as collateral. The move eliminates outstanding debt and gives the company direct control over a Bitcoin position worth hundreds of millions of dollars.

THORChain Refuses to Block $387M in Bitget Hack Funds, Citing Decentralization
Bitget CEO Gracy Chen publicly called on THORChain to freeze $387 million in stolen funds on September 26. THORChain declined, citing its commitment to decentralization and permissionless infrastructure. The refusal highlights the tension between asset recovery rights and the architectural...

Bitcoin Holds Gains as Trump Rejects Iran Ceasefire and Signals Post-Midterm Strikes
Bitcoin traded higher on Saturday despite $255 million in crypto liquidations following Trump's rejection of Iran's ceasefire proposal and signals of post-midterm military action. The price resilience suggests markets may be pricing in the risk or viewing crypto as a hedge against escalating...
Regulation

Blockchain Association CEO Summer Mersinger Steps Down After CLARITY Act Fails to Advance
Summer Mersinger is leaving her role as CEO of the Blockchain Association shortly after the crypto CLARITY Act stalled in Congress without advancing to a floor vote. Her departure marks a significant setback for the industry's regulatory agenda.

SEC Staff FAQs Clarify Token Buybacks and Staking, Easing Securities Scrutiny
SEC staff published new FAQs on September 25 clarifying token buyback and staking receipt classification under securities law. The guidance provides relief for projects on functional networks while maintaining stricter scrutiny for non-functional systems.

New York Sues Polymarket for Illegal Gambling as State Targets Prediction Markets
New York state has filed a lawsuit against prediction market platform Polymarket, alleging the company operates an illegal gambling business. The action marks the second major enforcement move against a prediction market operator in under three months and signals an accelerating campaign by...

EU Regulators Flag Quantum Computing as Real Threat to Bitcoin Security
EU financial watchdogs have escalated quantum computing from academic theory to regulatory concern, warning that sufficiently powerful quantum computers could compromise Bitcoin's elliptic curve cryptography. The real urgency lies not in imminent attacks, but in the years-long timeline required...
DeFi

Morpho's AI Tool Deletes Post Calling Its Curator Model Unsustainable
Morpho's official X account published and then scrubbed a post claiming most curator businesses are not self-sustaining from vault fees alone. The protocol blamed an AI marketing tool for the gaffe, but the damage was already done.

Ethena Backs USDe With Tokenized Stocks in First Equity Basis Trade on Binance
Ethena is extending USDe's collateral framework into tokenized equities through a Binance partnership, marking the stablecoin's first equity basis venue. The strategy holds bStocks as spot collateral while hedging with short equity perpetuals, offering yield diversification beyond crypto funding...

Aave V4 on Base Accepts Coinbase Tokenized Stocks as Collateral for USDC Loans
Aave V4 on Base has activated seven Coinbase-issued tokenized U.S. technology stocks as collateral for USDC borrowing. The integration, limited to non-U.S. users, carries a 21 million USDC borrowing cap and reflects growing institutional confidence in tokenized securities within DeFi.

Payy Network Halts Operations After $1.92M USDC Exploit
$1.92 million in USDC drained from Payy Network's Ethereum rollup. The attacker converted stolen stablecoins into roughly 683 ETH and distributed proceeds across three wallets before Payy halted all operations.
Technology

Nvidia Earnings Beat and $12.9B Hugging Face Deal Push Nasdaq Futures Up 1.1%
Nvidia stock jumped 7% in premarket trading Thursday after posting an earnings beat and announcing a $12.9 billion acquisition of Hugging Face. Nasdaq futures climbed 1.1% on the news, arriving ahead of the Federal Reserve's Jackson Hole Economic Symposium.

Mystery AI Model Ox Alpha Beats Claude Fable on Benchmarks, Creators Unknown
A new AI model called Ox Alpha has surfaced with no identifiable creators, a free price tag, and benchmark scores that outperform Anthropic's Claude Fable. The model ships with a 1 million token context window, accepts video as input, and is available at no cost.

Inception Labs' Mercury 2 Outperforms Google's DiffusionGemma in AI Showdown
Inception Labs released Mercury 2, an AI model that outperforms Google's DiffusionGemma while preserving model intelligence during the shift from sequential to parallel processing. The development marks a significant architectural transition in the post-autoregressive era.

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.
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