Archive snapshot · Launchpad
Thu, Sep 17, 7:15 AM ET
Kalshi dealt legal blow as Ninth Circuit sides with Nevada in sports betting fight
A federal appeals court ruled against Kalshi, saying the CFTC's exclusive jurisdiction does not preempt Nevada's authority over sports betting, setting up a cir
The Block · +2 outlets
Fed Chair Warsh leans hawkish at Jackson Hole, traders boost rate hike bets
Kevin Warsh's first Jackson Hole speech as Fed chair signaled more work on inflation, sending bitcoin below $78,000 and raising September rate hike expectations
CoinDesk · +1 outlets
Circle's USDC to feature on Chelsea FC shirts in Premier League sponsorship deal
Circle secures a front-of-shirt sponsorship with Chelsea's men's, women's and academy teams, marking the first Premier League jersey deal for a stablecoin issue
CoinDesk · +2 outlets
BitGo to acquire NYDIG's institutional trading arm for $42.5M plus $15M earnout
BitGo buys NYDIG IF Holdings in a cash-and-stock deal that adds around 30 NYDIG employees and their institutional trading relationships.
CoinDesk · +2 outlets
Bitwise Solana Staking ETF becomes first SOL ETF to hit $1 billion AUM
The Bitwise Solana Staking ETF (BSOL) crossed $1 billion in assets under management less than a year after its launch.
The Block
Solana network vote to double disinflation rate narrowly passes
Solana's first network-wide governance vote saw the disinflation proposal pass by a slim margin after Kraken and Galaxy validators switched sides late in the pr
CoinDesk · +1 outlets
SBI Holdings takes 20% stake in Indonesia's Ajaib for $270M
The Japanese financial giant invests in the Indonesian online brokerage to expand yen stablecoin use and build a blockchain-based cross-border settlement networ
CoinDesk · +1 outlets
Ethena Foundation proposes fee switch and ENA buyback program
Ethena proposes redirecting protocol revenue to ENA token buybacks and ending future monthly investor unlocks to reduce selling pressure.
The Block · +1 outlets
Visa partners with Upbit operator Dunamu on stablecoin payments in South Korea
Visa deepens its Asia stablecoin push by partnering with Korea's largest crypto exchange operator, with plans to explore OpenUSD (OUSD) usage.
CoinDesk · +1 outlets
Charles Schwab adds Solana, Avalanche and Chainlink to crypto trading platform
The brokerage expands its crypto offering beyond bitcoin and ether with support for SOL, AVAX and LINK on Schwab Crypto.
The Block
XRP treasury firm Evernorth clears SEC registration, nears Nasdaq listing
Evernorth's S-4 registration statement for its merger with SPAC Armada is effective, setting up a shareholder vote on Sept. 30 for a Nasdaq listing under ticker
The Block · +1 outlets
Bullish backs USD.AI with $100M debt facility for GPU-backed loans
The crypto exchange extends a $100 million facility to USD.AI to finance GPU-backed loans for AI infrastructure.
CoinDesk · +1 outlets
IREN shares fall 8% as costly AI transition raises investor concerns
Bernstein notes IREN's $25B-$30B AI buildout may have spooked investors, though the firm has secured $4B in contracted cloud ARR and $20M+ annual revenue per IT
CoinDesk · +2 outlets
Investors $4.7B underwater across Trump crypto ventures, Public Citizen says
A Public Citizen report finds investors are at least $4.7 billion in the red across Trump-linked crypto projects while Trump earned $1.4 billion.
The Block
Bybit launches 24/7 options on stock perpetuals starting with SpaceX and Nvidia
Bybit will allow trading of 24/7 options on SPCX and NVDA stock perpetuals with fractional lots and USDT settlement starting Sept. 17.
The Block · +1 outlets
Ethena looks beyond crypto to equity perpetuals for USDe yield
The $4B USDe issuer expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12-24 months.
CoinDesk · +1 outlets
Kraken users briefly locked out after flood of sanctioned crypto transactions
A wave of sanctioned funds spread to trigger account restrictions between Aug. 17-24, temporarily locking out Kraken users.
CoinDesk · +1 outlets
Moonwell investigates $8.7M exploit on Base lending market
Security firms CertiK and PeckShield estimate roughly $8.7 million in losses after an attacker manipulated the collateral price of MAMO on Moonwell's Base deplo
The Block · +1 outlets

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