Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring
Revenue on Robinhood Chain hit a 24hour record of $1.9 million, driving a 30% rally in ARB as traders chased downstream gains. Source:CoinDesk
Musk’s X hit by wave of unsolicited password reset emails
Multiple crypto industry figures and CoinDesk staff received unexpected password reset emails on Tuesday, though there is no evidence yet that X itself has…
Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by…
Bitcoin enters ‘Rektember’ as rate-hike risk combines with seasonality to threaten rally
September has historically been a poor month for risk assets in general, and bitcoin, in particular. Source:CoinDesk
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source:CoinDesk
UK’s crime agency freezes Premier League $13.5 million account in crypto crime probe
Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier League.…
Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal
The company's Texas campus has two longterm leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power…
U.S. looks to influence Japan's monetary policy. It couldn't do that with bitcoin
Your dayahead look for Sept. 1, 2026 Source:CoinDesk
Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition…
Bitcoin consolidates near $78,000 as Arbitrum surges 30% on Robinhood Chain revenue
BTC drifted lower after last week's rally to $81,428, while ARB led DeFi gains as Robinhood Chain's daily fees topped $2 million. Source:CoinDesk
Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value. Source:CoinDesk
Live updates: Bitcoin ETFs resume buying as ether funds stretch streak to 11 days
The bitcoin funds took $217 million Monday, one session after an outflow ended their nineday run. Ether ETFs have not posted a red day since midAugust.…