News linked to this event type.
SEC Commissioner Mark Uyeda disclosed that the agency withdrew civil cases against companies such as Coinbase and Ripple in early 2025 to avoid conflicts with new regulatory policies and preserve the credibility of the courts. This move has been viewed by some critics as a reward for supporting Trump's campaign.
Conflicts intensify across multiple regions of the Middle East, with attacks on merchant vessels in the Strait of Hormuz leaving two dead. The US and Iran have engaged in diplomatic talks via Qatar but have achieved no breakthrough, as Iran insists it will not open the strait to shipping until its conditions are met.
Odaily reports: The National Council of Legislators from Gaming States (NCLGS) has filed an amicus brief with the U.S. Supreme Court in support of the New Jersey Attorney General and gambling regulators' petition to hear their case against prediction market platform Kalshi. The petition seeks to clarify whether state governments or federal agencies have jurisdiction over prediction market companies.NCLGS stated that if the ruling favors Kalshi, states would be unable to regulate sports betting within prediction markets, potentially leading to regulatory confusion. The council believes that gambling-related matters should be handled by state regulators, and noted that casinos and other regulated entities may adjust their operations and products accordingly.New Jersey authorities filed a petition for a writ of certiorari on September 2, stemming from their appeal of a Third Circuit Court of Appeals ruling. Kalshi has not yet formally responded and must submit its position brief by November 9; the company has previously stated that it cannot be regulated separately by 50 different regulators. (Cointelegraph)
New Jersey has asked the U.S. Supreme Court to rule on whether sports prediction activities conducted by prediction markets such as Kalshi constitute illegal sports gambling. Previously, a federal appellate court upheld state regulatory authority, prompting more states and tribes to intervene in related litigation.
Bitcoin News posted on X platform that the x402 Foundation has incorporated the Lightning Network payment specification into its open internet payment standards. x402 was initially developed by Coinbase, aiming to enable AI agents and applications to automatically complete payments and continue executing tasks upon receiving a "402 Payment Required" response, without needing to create accounts, enter credit card information, or manage API subscriptions.The protocol is now governed by the Linux Foundation, with participation from companies such as Cloudflare, Google, AWS, Visa, Mastercard, Stripe, and American Express. With the integration of the Lightning Network, AI agents can use satoshis to pay for API calls, data, computing power, MCP tools, and other digital resources, and cryptographically prove payment through Lightning Network preimages.
Brian Armstrong posted on X that IPO allocations have long been mainly available to institutions and a small number of high-net-worth individuals. Coinbase has now launched an IPO participation portal within its app, with first-phase support for Oura Ring.
Odaily News: Coinbase has launched fixed-rate loans powered by the decentralized lending protocol Morpho, allowing users to borrow USDC against bitcoin and lock in the interest rate and repayment date at the start of the loan.This product marks the first enterprise-grade deployment of Morpho Midnight, with Coinbase handling the application experience, Morpho providing the credit infrastructure, and the Base network handling settlement.Coinbase's existing Morpho floating-rate loans have surpassed $1.4 billion in active volume, corresponding to approximately $3 billion in collateral. The business launched bitcoin-collateralized lending in early 2025 and later expanded collateral to assets such as XRP and Dogecoin. (Decrypt)
Bitwise has launched its first ETP product tracking the Lighter (LIT) token on the Deutsche Börse, allowing European investors to participate via securities accounts, with staking functionality to be activated once the fund reaches a specified asset threshold.
Google DeepMind has released two text-to-speech models, Gemini 3.8 Flash TTS and Gemini 3.8 Flash-Lite TTS. According to the official description, the new models support designing voices from scratch using natural language prompts or cloning them with a 30-second sample. They also provide line-by-line performance guidance, long-form audio generation, and dual-speaker scenario orchestration, covering more than 100 languages.
Odaily News: Binance.US has announced that Binance.US Wallet, a self-custody wallet built into its App, is now available to eligible iOS and Android users. Without leaving the Binance.US App, users can switch between the centralized exchange and the wallet, and access tens of thousands of tokens and hundreds of DApps, with support for major blockchain networks including Ethereum, BNB Chain, Base, Arbitrum, Polygon, Solana, and Robinhood Chain.Binance.US stated that the wallet uses seed-phrase-free key sharding technology, splitting keys for storage across the user's device, personal cloud storage, and Binance.US. Users need at least two of these key shares to access the wallet, and Binance.US holds only one. In addition, users can export their private keys at any time or import the seed phrase of an existing wallet. Binance.US also plans to support cryptocurrency transfers between the exchange and the wallet, buy and sell functionality via convenient payment methods, and more tokens, blockchain networks, and DApps in the future.
global asset management firm BlackRock has released a research report titled "The Machine-Native Economy," arguing that as AI agents autonomously complete multi-step tasks, demand for onchain programmable payment infrastructure may increase, with stablecoins potentially used for payments and settlement.The report notes that traditional bank accounts and card payment mechanisms are ill-suited for sub-1-cent, round-the-clock machine-to-machine payments. Stablecoins can achieve near-instant settlement without requiring manual account opening or confirmation.BlackRock suggests that computing power could be wrapped into standardized contracts for buying, selling, collateralizing, or automatic settlement on the blockchain. TRM Labs' analysis of $52.7 million in x402 settlements this year shows that AI agents accounted for approximately 0.6% to 7.5% of payment volume. (Decrypt)
veteran trader Peter Brandt stated that his long-term ETH chart shows that if ETH breaks above $5,000, the price could eventually rise to $8,600. The higher target marked on the chart is $8,674.50.Brandt emphasized that publishing a chart or making a price judgment is not the same as an actual trade, and those claiming to have completed a trade need to provide proof of the trade. His commodity trading career began in 1976, and he founded Factor Trading Co. in 1980. (Bitcoin News)
Bitwise's Institutional Crypto Asset Adoption Report states that it engaged with investment heads from 15 institutions, including endowments, pension funds, sovereign wealth funds, family offices, and publicly traded companies, between late March and April 2026. All surveyed institutions holding crypto assets hold Bitcoin, with allocations ranging from 0.5% to 13% of investable assets, mostly between 1% and 2%. During the crypto market's approximately 50% decline from October 2025 to April 2026, no institution reduced its holdings; some even increased them. Nearly all surveyed institutions have either used or plan to use spot crypto ETFs, with governance processes, operational arrangements, and reputational risk serving as the primary obstacles to expanding their allocations. Bitwise expects that most institutional investors will hold crypto assets over the next five years.
Odaily News: The AI boom has once again gained market funding support. Investors who had previously questioned AI investment returns and worried about excessively high tech stock valuations are now readjusting their views.As major tech companies continue to increase AI infrastructure spending and related companies maintain resilient performance, the market is beginning to search for the next stage of growth pathways in the AI industry.Over the past year, debates surrounding artificial intelligence have persisted. On one hand, companies such as Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), and Google (GOOGL) have continued to invest hundreds of billions of dollars in building AI computing infrastructure, driving demand growth in chips, cloud computing, and data centers; on the other hand, some investors believe that while AI capital expenditure is enormous, actual commercial returns for enterprises still need time to be verified, and tech stock valuations have already priced in excessive optimism.Recent market performance shows that capital is flowing back into AI-related assets. Investors who had previously bet that the AI rally was overdone and that tech stocks would face a correction are now reducing their bearish positions, with some traders beginning to look for new upside potential. (WSJ)
According to official announcements, GMGN has released its latest recruitment notice, focusing on eight key positions across two major tracks: For Product Management, there are three positions: Social Community, User Conversion, and On-Chain Trading; For R&D, there are five positions: EVM Trading Routing Engineer, On-Chain Data Development Engineer, Senior Backend Development Engineer, Senior Blockchain Development Engineer (Cross-Chain Direction), and Smart Contract Engineer (Launchpad Direction). GMGN stated that the team is dedicated to building the world's fastest multi-chain Meme trading terminal, with members being deeply active on-chain users themselves. For these newly opened positions, interested candidates are encouraged to review the detailed responsibilities, qualification requirements, and application instructions.
Odaily News: Bitwise has released its first "Institutional Crypto Asset Adoption" report, based on interviews with investment professionals responsible for crypto asset allocation at 15 large institutions. The report states that between Q4 2025 and Q2 2026, the crypto market experienced an overall drawdown of approximately 50%, yet none of the surveyed institutions reduced their crypto asset allocations, and some even increased their holdings further. All surveyed institutions holding crypto assets hold Bitcoin, with most viewing it as a store of value and ranking it alongside gold as a hedge against fiat currency depreciation. The report also shows that the surveyed institutions' crypto asset allocation ratios range from 0.5% to 13% of investable assets, with most concentrated between 1% and 2%.
According to Odaily, predict.fun announced on X that it has launched a stock up/down prediction market, where users can predict popular stock prices within a 15-minute window. The market is powered by Chainlink and queries Binance futures index prices. The market is only available on BNB Chain and currently supports stocks such as AMZN, Nvidia, and META.
Odaily News: Citrea has announced the acquisition of self-custodial privacy Bitcoin wallet Crest. Crest will become Citrea's flagship privacy product, and its founder Meliksah Gurtemel will join Citrea as Head of Product. Citrea stated that in the coming weeks, Crest will launch a Bitcoin mobile wallet supporting automatic privacy protection, private BTC transfers, and cross-chain access from Bitcoin and Ethereum. It also plans to support private cross-chain swaps and exit paths, enabling users to privately pay USDC or ETH to EVM addresses using privacy BTC.
Jameson Lopp, co-founder of Casa, stated that BitcoinPoliticians, a crowdsourced open-source data project tracking government officials' crypto holdings, has completed a data update based on the latest publicly available financial disclosure filings from this year. The results show that of the 535 members of the U.S. Senate and House of Representatives, only 5% have officially disclosed holding cryptocurrencies or related digital assets.
Binance Wallet’s stablecoin fee payment feature now supports on-chain transfers on the TRON network, allowing users to transact without holding TRX. Starting today, when transferring USDT and other TRC-20 tokens via Binance Wallet on the TRON network, users can directly select USDT as the network fee payer, removing the requirement to hold TRX separately for gas. For instance, to send JST, users simply need to open Binance Wallet and select [Send] → [Select Token] → [Network Fee Payer] → [USDT] to configure it, with USDT automatically covering the network fees. This feature further simplifies TRON on-chain asset transfers, lowers the barrier to holding native tokens, and makes cross-asset transactions easier and more convenient.