Author: 行政
A Dubai court has given Matthew William Brittain until Sept. 7 to explain where money used for legal and advisory bills ultimately came from in a dispute over $456 million connected to TrueUSD reserves.The Sept. 1 order adds a near-term disclosure deadline to proceedings in the Dubai International Financial Centre Courts. Techteryx, the claimant seeking the information, has obtained a proprietary injunction and worldwide freeze against Aria Commodities DMCC covering $456 million transferred from Legacy Trust and First Digital Trust, along with traceable proceeds.Earlier DIFC court reasons for the freeze identify the money as part of the reserves backing TrueUSD,…
Robinhood put stocks on a permissionless blockchain- memecoin traders are stress-testing what happens next
Memecoins paired against Robinhood’s tokenized stocks generated $217 million of trading volume on Robinhood Chain on Sept. 2, according to data compiled by on-chain researcher Adam Tehc.The volume outpaced the $127 million that traded through direct stock token markets that same day. Traders are using tokenized Nvidia or Hims & Hers shares as the plumbing for a memecoin economy Robinhood never designed.Robinhood describes stock tokens as ERC-20 tokenized debt securities that give holders economic exposure to an underlying stock without legal or beneficial ownership in the issuer.New supply comes from a single authorized participant, identified at issuance as BBVI, which…
Ondo Finance filed three comment letters urging the SEC and CFTC to allow perpetual futures on individual US-listed stocks in the United States under existing rules, making the case public on Sept. 2. Ondo argues a perpetual contract on a stock already qualifies as a “security futures product”, since “nothing in the statutory definition of a security futures product requires a fixed expiration date”, so no new rules are needed. Its Panama affiliate, Ondo Global Panama Inc., already runs the product offshore through Ondo Perps, which logged US$8 billion (AU$11.2 billion) in cumulative volume by Aug. 14, weeks after a…
Bitcoin is testing a roughly $68 billion breakeven wall that has repeatedly stalled its push back above $80,000.About 880,000 BTC carry a cost basis between roughly $77,500 and $80,300, leaving a large group of holders close to where they originally bought, Bitfinex Alpha data shows.Data from CryptoSlate shows Bitcoin trading near $77,890 as of press time after spending much of the past week trapped below $80,000.The concentration means even modest price moves can shift tens of billions of dollars in Bitcoin between profit and loss, potentially releasing supply from investors who endured months underwater.So far, that selling has been absorbed,…
Strategy sold around 7,000 BTC during its two-month buying pause, mostly between US$60,000 and US$65,000. CEO Phong Le said the sales were driven by capital costs and corporate obligations rather than Bitcoin’s price. Strategy resumed buying with 4,603 BTC at an average price of US$80,318, taking its holdings to 845,050 BTC. Le said Strategy could keep buying Bitcoin at US$90,000, US$100,000 or even US$130,000 if the capital economics remain attractive. After Michael Saylor’s Strategy recently resumed buying Bitcoin, it now faces some questions about the timing of its sales and purchases. Bloomberg Crypto co-host Scarlet Fu asked Phong Le, CEO…
US Bitcoin ETFs recorded US$3.52 billion in net inflows in August, their strongest month of 2026 so far. Bitcoin gained 25% in August, its biggest monthly gain since November 2024. Ethereum ETFs saw their first net outflows since 11 August, with US$48.2 million leaving the funds on 2 September. XRP ETFs ended an 11-day inflow streak after attracting about US$170 million, while Goldman Sachs remained their largest disclosed institutional holder. US Bitcoin exchange-traded funds (ETFs) have had their best month of 2026 so far. Despite recent net outflows of US$236.5 million (AU$330.23 million) on 1 September, US$14.3 million (AU$19.96 million)…
Ontology said its mainnet resumed normal operation on Sept. 2 after an emergency security pause and told every sync-node operator to upgrade to version 3.1.5. Sync nodes are infrastructure that keep their copy of the blockchain synchronized with the network.The restoration notice says the new software is required to maintain compatibility with the restored chain and ensure stable synchronization. Ontology told operators to upgrade as soon as possible, confirm that their nodes are fully synchronized, and verify normal operation afterward.Older software therefore carries a compatibility and synchronization risk, although the notice does not say that every unupgraded node has already…
SEC Chairman Paul Atkins said on Sept. 2 that the Senate will hold a Sept. 15 cloture vote on the CLARITY Act, and that he hopes the crypto market structure bill passes and reaches President Donald Trump’s desk. The Senate filed a motion to proceed to the bill, H.R. 3633, and a cloture motion on Aug. 8, too late to vote before its five-week recess; ending debate requires 60 votes. The SEC separately proposed its own Regulation Crypto Assets on Aug. 18, with registration exemptions of up to US$5 million (AU$7 million) and US$75 million (AU$105 million), and Atkins said…
Thailand puts private wallets and offshore crypto transfers on notice in a major new crypto rule
Thailand’s Securities and Exchange Commission has issued a Travel Rule that will require supervised crypto platforms to collect and transmit information identifying the people or entities behind coin transfers.The regulator announced the rule on Sept. 2, and an associated notification is dated Aug. 25. It takes effect Feb. 27, 2027, after a 180-day implementation period from publication in the Royal Gazette.The lead time lets operators prepare systems for exchanging transfer data, checking transactions, and requesting required information from customers, according to the SEC’s customer-facing Q&A.How crypto transfers will changeSEC-supervised digital-asset operators must collect information on customers and their counterparties when…
Coinbase co-founder Fred Ehrsam’s separate Venezuela investment firm, Primavera, is reportedly pursuing three oil assets as the country reallocates energy projects under a US-backed restructuring.Reuters reported on Sept. 2 that Primavera was among companies expected to sign Venezuelan energy agreements as soon as that day. Bloomberg reported on Sept. 1 that Ehrsam was seeking control of at least three fields operated by Alvorada Heavy Industries in the Boca, Guico and Guara blocks of the Orinoco Belt.Bloomberg attributed the block-level details to unnamed people familiar with nonpublic talks, while Reuters did not identify the fields.Coinbase co-founder’s crypto fortune targets VenezuelaNeither Coinbase…