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Ninth Circuit Rules Kalshi Sports Contracts Are Not Swaps, Dealing Blow to CFTC Jurisdiction Claim

Evernorth XRP Treasury Firm Clears SEC Hurdle, One Shareholder Vote From Nasdaq

The Sandbox Pledges 1:1 SAND Repayment After Bridge Exploit Drains 14.7 Million Tokens

Ethena Adds Equities and Commodities to USDe Basis Trade, Closes HIP-3 Market on Hyperliquid

Bybit Launches 24/7 Options on Synthetic SpaceX and Nvidia Perpetuals Starting Sept. 17

Bitwise Solana Staking ETF Becomes First SOL Product to Hit $1 Billion AUM

Polish Olympic Chief Charged in Zondacrypto Fraud Probe

Predictions.io Launches Free Comparison Tool Across 9,700 Markets
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Predictions.io Launches Free Comparison Tool Across 9,700 Markets

USDC Lands Front-of-Shirt Deal With Chelsea in Premier League First

Bullish Commits $100M to USD.AI for GPU-Backed Loan Products
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Markets

Avici Neobank Exploit Drains Over $1M From Solana Card Vaults as AVICI Token Drops 44%
At least $1 million left Avici user accounts after an attacker bypassed the Solana-based neobank's card vault system. The attacker's wallet accumulated 10,005 SOL. AVICI token dropped 44% following the exploit announcement.

Evernorth XRP Treasury Firm Clears SEC Hurdle, One Shareholder Vote From Nasdaq
The SEC declared Evernorth's S-4 registration statement effective on August 27, putting the $672 million XRP treasury company one shareholder vote away from listing on Nasdaq under ticker XRPN.

The Sandbox Pledges 1:1 SAND Repayment After Bridge Exploit Drains 14.7 Million Tokens
The Sandbox announced a 1:1 repayment plan for SAND holders affected by an August 21 bridge exploit that drained 14.7 million tokens worth $700,000. Compensation will come from project treasury without minting new tokens, preserving the 3 billion token supply cap. Claims are expected to open...

Bitwise Solana Staking ETF Becomes First SOL Product to Hit $1 Billion AUM
Bitwise's Solana Staking ETF (BSOL) crossed $1 billion in assets under management on August 28, becoming the first Solana ETF to reach the milestone in under a year. The product captured nearly four-fifths of cumulative flows among six tracked Solana ETF products.
Regulation

Ninth Circuit Rules Kalshi Sports Contracts Are Not Swaps, Dealing Blow to CFTC Jurisdiction Claim
The Ninth Circuit Court of Appeals ruled that Kalshi's sports event contracts do not qualify as swaps under federal law, affirming the dissolution of an injunction and directly challenging the CFTC's assertion of exclusive jurisdiction over derivatives markets.

Bybit Launches 24/7 Options on Synthetic SpaceX and Nvidia Perpetuals Starting Sept. 17
Bybit is launching 24/7 options on synthetic equity perpetuals for SpaceX and Nvidia starting September 17, 2026. The product combines options with perpetuals, USDT settlement, and fractional sizing, but raises regulatory and leverage concerns.

Predictions.io Launches Free Comparison Tool Across 9,700 Markets
Predictions.io has launched a free comparison tool that indexes over 9,700 prediction markets across major venues including Kalshi and Polymarket, allowing traders to spot price discrepancies on identically worded questions. The launch comes as prediction market volume reaches record highs.

CLARITY Act Heads to Senate Cloture Vote September 15 With National Security Push From Former Pentagon Chief
The CLARITY Act faces a Senate cloture vote on September 15. Former Defense Secretary Mark Esper is framing the cryptocurrency regulatory bill as a national security matter to build bipartisan support, arguing that regulatory delay benefits China and sanctioned networks.
DeFi

Ethena Adds Equities and Commodities to USDe Basis Trade, Closes HIP-3 Market on Hyperliquid
Ethena is broadening the collateral strategy underpinning its USDe stablecoin to include equity perpetuals and commodities, while simultaneously shutting down its HIP-3 market on Hyperliquid and overhauling ENA tokenomics in what the protocol is framing as a push to reignite growth.

Bullish Commits $100M to USD.AI for GPU-Backed Loan Products
Bullish has committed $100 million in financing to USD.AI, a lending platform using GPU hardware as collateral for digital asset loans. The deal marks a major institutional bet on computational assets as a DeFi lending primitive, following broader adoption of real-world asset lending.

Virtu and Tradeweb Complete First Onchain Repo Trade Using Marshall Islands Digital Bond
Virtu Financial and Tradeweb have executed what appears to be the first onchain repurchase agreement using a sovereign digital bond as collateral, completing the full transaction cycle in under 10 minutes on the Canton Network.

Aave V4 Deposits Hit $806M After 30% Weekly Surge, But V3 Still Dominates at $31B
Aave V4 deposits surged to $806 million following a 30% weekly gain, with EtherFi Cash accumulating $257 million as the second-largest market. The growth occurred without major external catalysts, suggesting organic adoption as V4 enters early scaling phase.
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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