Author: Jeremy Ryan

Canton Network [CC] token is among the highest 24-hour gains among the top market cap altcoins. It was up 13.59% at the time of writing, with only Ethena’s [ENA] gain of 25% surpassing CC. The CC rally can be attributed to rising bullish sentiment as the market continues to favor altcoins. The Canton Network’s institutional-grade RWA and burn narrative has taken hold, helping sustain gains. Cantonscan data showed that the daily mint/scan ratio was at 0.614, or 61.4%. This figure was high but not quite deflationary In other news, CC has broken past a range that has been in place…

The Federal Reserve’s proposed rules for the payment stablecoin issuers it supervises include a crisis clock measured in hours. An issuer whose reserves fall below the value of its outstanding tokens would have 24 hours to notify the Fed and submit a plan to restore full backing.Unless it closes the gap or the Fed directs it to proceed with that plan, the issuer must begin liquidating reserves and redeeming tokens by 5 p.m. on the next business day. The Fed says that window comes to less than 48 hours in many cases.The 392-page proposal also lets the issuer keep minting…

Armani Ferrante, CEO of Backpack, on what comes next for tokenized stocks.”Not 10 stocks, not 100 stocks. We want to bring the entire stock market to Solana. One API where a real share, by any definition of the term, moves back and forth between your brokerage account and DeFi.… pic.twitter.com/KF5Zi26a9b — Solana (@solana) September 26, 2026 He described a single API through which a real share could move from a brokerage account into DeFi and back. Ferrante called the move from 200 to 10,000 symbols “the next leap,” though the post did not identify a launch date or set out…

$NFT sales reached approximately $55.51 million over the seven days ending Sep. 26, up 57.17% from the prior seven-day period, according to a CryptoSlam dashboard captured on Sep. 26. Ethereum led blockchain sales, while CryptoPunks ranked first among collections. According to data from CryptoSlam, seller addresses rose 39.19% to 150,410. The 39.65% increase in buyer addresses was much larger than the 5.93% rise in transactions. CryptoSlam counts addresses, so those buyer and seller figures do not establish how many individual people traded NFTs. The $NFT increase took place alongside gains in the two largest cryptocurrencies. Bitcoin traded near $83,914, up…

The site for owners to recover their NFTs has gone live, according to the whitehat that launched the rescue mission to save at-risk NFTs during the security incident where 2024-era Magic Eden users were exposed due to an exploit of Limit Break’s Payment Processor. Part of the conditions for owners to reclaim their NFTs, according to 0xQuit, the vice president of blockchain researcher at Yuga Labs, who ran the rescue mission, is that they first revoke the old, problematic approval. The recovery process is entirely free as well, with only standard gas fees applied. Screenshot of the official $NFT reclaim…

TL;DR SEC staff has published new FAQs explaining how federal securities laws may apply to crypto-asset buybacks, network upgrades and secondary-market activity. The guidance says a buyback can become relevant to an investment-contract analysis when an issuer presents it as a way to create yield or returns. The FAQs are staff guidance, not a new SEC rule, and do not change existing law. The SEC is giving crypto projects a more detailed look at how seemingly ordinary token activity can affect the way a digital asset is analysed under U.S. securities law. Staff in the Division of Corporation Finance published…

Market Pulse Currently, Pyth Network is experiencing a pivotal moment as it enhances its services amid a mixed crypto market. While specific price movements are not reported, the introduction of these features is likely to attract increased interest from institutional players looking for reliable market data. The overall environment remains dynamic, with traders keenly observing how these changes may influence their strategy. Pyth Network provides real-time market data and analytics for cryptocurrency and traditional assets. As a key player in the financial data space, it has garnered attention for its ability to aggregate comprehensive market information, thus allowing traders and…

The SEC offered much-needed regulatory clarity on crypto token buybacks on the 25th of September. However, crypto venture firm a16z has flagged it as a ‘loophole’ that can be negatively leveraged by the next administration against the industry.  And yet, not every industry leader agrees with a16z’s interpretation, even the SEC itself.  Why SEC’s stance on crypto buybacks is crucial As part of continued regulatory guidance for the sector after the CLARITY Act stalled, the SEC released FAQs and its interpretations. On crypto token buybacks, the agency clarified,  Where a crypto system is functional, an issuer’s announcement of a non-security…

The Sixth Circuit ruled Sept. 25 that Ohio and Tennessee can apply their gambling laws to Kalshi’s sports contracts.The court rejected Kalshi’s argument that complying state by state would conflict with its duties as a federally regulated exchange, and it pointed to geofencing as a workable way to satisfy both.That second appellate win for states hits the demand Eilers & Krejcik Gaming models as most exposed, the 69% of Kalshi’s retail sports demand that comes from states without legal online sportsbooks.Two routes to the same resultThe unanimous panel held that Kalshi had failed to show its sports contracts meet the…

Bitcoin could have Zcash-style private transfers without making any changes to the network’s consensus layer.  According to researchers led by Clara Shikheman, the private transfers can be achieved by leveraging the mixer logic used by Tornado Cash. In other words, the proposal could allow one to plug BTC into a private encrypted note. It can then be transferred around using ZK (zero-knowledge) proofs, which shield the sender, receiver, and the amount being moved. At the exit point, you’re assigned a new address.  Source: Alloc Init  Commenting on the update, Clara Shikheman, head of Bitcoin-focused research firm Alloc Init, said,  No…