Crypto News
AI-curated crypto news and stories
Cointelegraph
SEC updates crypto FAQs to say some buybacks, network services and staking receipt tokens may not be securities
The SEC revised its FAQs to clarify that certain crypto asset activities, including buyback programs, functional network-related services, and some staking receipt tokens, may not necessarily qualify as securities under the Howey test. The move follows similar CFTC guidance and comes as congressional crypto legislation remains stalled. Commissioner Hester Peirce said she will resign on Oct. 2, leaving crypto oversight mainly with Chair Paul Atkins and Commissioner Mark Uyeda.
The Defiant
Goldman Sachs Brings $100 Billion Treasury Fund Into Crypto Institutional Plumbing
WisdomTree’s Treasury money fund returned 15 basis points less than its T-bill benchmark over the past year. The article says issuer disclosures cite expenses and liquidity terms as the main reasons for the shortfall.
Bitcoin Magazine
Citi and Coinbase Partner on Stablecoin Infrastructure for Business Payments
Breez says apps using its SDK can now let users with bitcoin balances accept stablecoin payments from more than 30 networks. The receiver selects a network and amount, a deposit address is generated, and the payment is converted in the background via Flashnet, with funds landing in a non-custodial wallet as bitcoin or dollars. The update builds on earlier usability features including Passkey Login, instant onboarding, and Stable Balance.
CoinDesk
Senate report says USDT dominated wallets linked to Iran and its proxies
A Senate Democratic report alleges that USDT has become a major part of Iran’s shadow banking network and is being used to bypass sanctions, with the government reportedly making an estimated $2 billion in crypto transactions last year. The report says Tether has not proactively blocked illicit wallets, while Tether says it has helped freeze nearly $550 million in Iran-linked funds and works with U.S. authorities.
U.Today
Tom Lee’s BitMine tops 6 million ether after another $46.82M ETH buy
The market is being influenced by large ETH and BTC treasury accumulation, XRP trading near $1.52, Quant rising after The Clearing House chose its technology for a tokenized-deposit network, Binance launching a MARSCOIN-related SPCXB reward plan, and temporary SEC/CFTC relief for tokenized-asset venues and trading software. The piece also points to upcoming U.S. macro data and thinner Asian liquidity as near-term catalysts.
CoinDesk
Chainlink CCIP 2.0 adds custom verifier support as institutions adopt its bridge infrastructure
Crypto News
Wintermute-linked wallet builds $126M in Hyperliquid shorts across ETH, BTC, and SOL
Coinpedia
HBAR jumps 30% as RSI tops 80 after breaking key resistance
Bitcoin.com
Bitcoin slips below $82,700 as market weakens, but Novogratz sees $100,000 by year-end
Crypto News
Strategy buys 1,665 BTC and repurchases $152M STRC
