California Governor Gavin Newsom signed a bill on Sunday that bans state public officials from launching memecoins. In addition to the ban on state officials, California Assembly Bill 2409 also prohibits crypto service providers from offering California residents the sale of any memecoin launched in association with federal, state or local public officials. That second […]
TL;DR Base network activity reached roughly 7.5 million transactions over a single day in the validated September 22 data. The count includes all recorded transactions, including low-value and automated activity. High transaction count is a usage metric, not proof of equivalent economic value. Base has pushed daily transaction activity to roughly 7.5 million, adding another […]
TL;DR Coinbase Financial Markets has submitted a CFTC product filing for single-stock perpetual futures. Initial contracts cover Apple, Tesla and Nvidia. Trading is not live yet; the products remain in the regulatory process. Coinbase is taking another run at bringing a product long associated with offshore crypto exchanges into the regulated U.S. market. Coinbase Financial […]
TL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying vulnerability has been identified and remediated. Withdrawals are scheduled to return in stages beginning with Bitcoin on September 28 and continuing through October 2. Bitget has published a substantial update […]
Cross-border stablecoin transfers are surging nearly 78 percent over the past year even as the broader crypto market experiences a sharp decline. Transfers of the dollar-pegged tokens across borders climbed from $124.2 billion to $220.3 billion in the 12 months through June 2026. Monthly volumes more than doubled from $11 billion in January 2025 to […]
XRP’s rebound has brought the token close to CryptoSlate’s $1.63 median forecast for Dec. 23, just a day after it hit an intraday low of $1.44. At press time, XRP traded near $1.61 after a 9.81% rise over 24 hours. The speed of that move shifts the focus from reaching the median to sustaining it […]
TL;DR All 11 Democrats on the U.S. Senate Banking Committee have called for a public hearing on prediction markets. The request followed a private meeting between Republican committee members and Kalshi CEO Tarek Mansour. The lawmakers say securities-linked prediction products could raise issues that fall within the Banking Committee’s oversight responsibilities. Prediction markets are becoming […]
Visa is releasing a new report showing how bank-level protections could significantly boost American interest in using stablecoins to send money abroad. The survey of more than 2,000 US consumers finds that Americans are looking for faster and more affordable ways to send money to family and friends overseas, while still expecting strong security protections. […]
TL;DR Optimism says aggregate TVL across the Superchain has moved above $14 billion. The figure combines multiple OP Stack networks rather than representing OP Mainnet alone. The milestone highlights the growing economic footprint of Base, World Chain and other interconnected OP Stack chains. Optimism’s Superchain has crossed a reported $14 billion in aggregate total value […]
TL;DR The CFTC’s Division of Market Oversight has issued guidance on prediction contracts that settle based on whether a person says, mentions or does something. The regulator says these ‘mention markets’ can carry heightened manipulation risk when settlement depends on conduct that is not independently generated or verifiable. The advisory is staff guidance, not a […]
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