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Corporate political donations hit a record $646 million over the 18 months through June, according to Public Citizen’s analysis of FEC filings. Crypto political spending led every other corporate sector at $206 million, while crypto, AI, and online betting together accounted for $344 million, more than half the total.The GENIUS Act already created a federal regulatory framework for payment stablecoins, the SEC is rewriting crypto rules under Chair Paul Atkins, and the CFTC is pushing to bring more digital asset trading onshore. The Senate also faces a Sept. 15 cloture vote on the motion to proceed to the CLARITY Act,…

From September 1 to 20, 2026, Changelly is holding its biggest giveaway of the year with world-leading stablecoin provider Tether. It’s your chance to be among 100 lucky winners and get a share of $20,000 in XAUT. Every swap you make into USDT or Tether Gold (XAUT) on Changelly enters you into the Golden Boost Campaign. And when you swap $50 or more into XAUT, you earn double the entries. Join the Golden Boost Campaign Why Gold, and Why Now Gold has held its value for centuries as the asset people turn to when everything else feels shaky. Tether already…

Standard Chartered estimated in January that stablecoins could pull about $500 billion from US bank deposits by the end of 2028.Regional banks looked especially exposed given how much they depend on the spread between what they pay depositors and what they earn on loans.Now, 21 major financial institutions, including Bank of America, Citi, Goldman Sachs and Wells Fargo, committed Sept. 1 to build one.The group announced plans to establish a company in the second half of 2026, launch a US dollar-denominated stablecoin in the first half of 2027, and comply with both the GENIUS Act and MiCA.The venture started as…

A Federal Reserve research paper has compared wholesale CBDC settlement with tokenized commercial bank deposits, adding another official research layer to the debate over how future digital money systems might operate. The paper does not mean the Fed is launching a CBDC. It does not amount to an endorsement of crypto assets. It is research, and that distinction matters. Still, the topic is important because banks, regulators, and payment networks are studying how tokenized deposits, wholesale central bank money, and blockchain-style settlement systems could change financial market plumbing. For more details, visit the official Federalreserve platform. TL;DR Federal Reserve research…

Nearly all the open interest displayed on Coinbase’s derivatives dashboard already sits at Deribit, its global derivatives venue, eight days before institutional positions at the much smaller Coinbase International Exchange are scheduled to move there.A Coinbase derivatives dashboard snapshot retrieved at 15:42 UTC on Sept. 1 showed $40.65 billion of daily open interest across three venues. Deribit accounted for $39.26 billion, about 96.6%, while Coinbase Derivatives held $1.17 billion and International Exchange held $226.98 million.The Sept. 9 transfer covers the $226.98 million International Exchange book, client accounts, and trading infrastructure. The $39.26 billion already at Deribit stays where it is,…

Figure Technology Solutions closed its $717 million acquisition of Kiavi on Tuesday, bringing one of the largest US lenders to residential real-estate investors onto blockchain rails. The September 1 closing was confirmed in both Figure’s acquisition announcement and its Form 8-K filed with the SEC. The arrangement represents a chance for the crypto sector to see if tokenized lending can go beyond stablecoins and government bonds. It is also an experiment for the fintech industry to determine if AI-powered underwriting and blockchain funding has the potential for institutional use. Kiavi is expected to add more than $7 billion in annual…

Nancy Beaton, President of the US for digital asset platform Uphold, said traditional banking is in the middle of a structural move toward blockchain infrastructure, and argued that partnerships between companies like Ripple and Uphold are what will actually carry the financial system there. “There’s no question that the traditional banking system and financial system is moving to the blockchain,” Beaton said. “I think it’s going to take partnerships like Ripple, like Uphold, like platform providers in order to move us in that direction, because that is clearly where the new financial system is headed.” From Retail Wallet to Enterprise…

Robinhood Chain revenue from applications totaled between $2.66 million and $2.82 million over a rolling 24-hour window early on Sept. 1, creating an eye-catching measure of network activity with no disclosed bridge to Robinhood’s corporate accounts. DefiLlama tracks application revenue, chain revenue and chain fees as separate layers. Its dashboard showed $963,612 of chain revenue on $1.07 million of chain fees during the same period. Public records provide no formula that turns either revenue figure into a Robinhood GAAP revenue line. The recipients also show where the app total went. DefiLlama’s revenue table placed trading bot GMGN first at about…

Two Trades, One Very Good Week Onchain trackers found address ‘0x7e3ba’ to have posted back-to-back wins on two different Robinhood Chain tokens: The first trade was straightforward: $106.5K into 11.8 million $CASHCAT, sold in full for $672.6K, for a $566K profit. The second is still playing out: The wallet spent $113.7K on 10.2 million tokens of $PONS, has already sold 1.1 million of them for $117.1K, and is still sitting on 9.1 million tokens worth roughly $4.2 million at current prices. Combined, the two trades put the wallet’s total profit north of $4.7 million, most of it still unrealized. It’s…

Three blockchain networks stopped producing blocks within four days. Each blockchain halt used different emergency powers, and Cronos alone also replaced part of its canonical history. Cronos said validators halted the network by consensus after an exploit affected Tectonic, restored the chain to state from before the incident, and resumed production from block 90,896,189. The action replaced state as well as stopping production. Transactions and state changes that existed only after the chosen restore point no longer belonged to the restarted canonical chain. Ontology and ICON used different emergency levers. Ontology suspended block production before confirming malicious attack activity, and…