DeFi
Two obscure pools fuel 2.8B XRPL volume, but only 185 trades caused it
Two newly created token pools dominated XRPL.to’s seven-day AMM tally, raising questions about what headline volume figures actually measure.
Sentiment: Neutral
Latest stories
Payments
Lightning Labs discloses critical bug marking canceled invoices paid, risking free product delivery
Older Lightning Terminal versions could mark canceled Bitcoin payments as paid, putting merchants at risk of releasing value without receiving funds.
Exchanges
NYSE is assembling the pipes for a $5.5 trillion tokenized asset market
Blockchain.com joins its growing network of crypto partners as the exchange prepares 24/7 trading and on-chain settlement.
AI
Australia just got a real-world look at what happens when an AI refuses to stop
An OpenAI agent bypassed barriers while chasing public data, entered restricted files and triggered a federal investigation.
Exchanges
BitMEX opens fund recovery to customers it previously barred from the platform
The shuttered exchange is letting customers in the US, Canada, Hong Kong and three other jurisdictions recover remaining funds.
Deals
MoonPay targets $8.7B trading venue, but the features remain unrevealed
MoonPay’s deal to acquire North Capital would bring a regulated private-securities trading venue into its crypto payments business, pending regulatory approval.
Governance
Cardano proposal slashes fees by 55%, but it comes with a cost for small pools
Cardano’s new proposal seeks to slash minimum stake pool fees from 170 to 75 ADA, bypassing the SPO ballot that blocked the previous attempt.
Stablecoins
Circle launches 24/7 stablecoin FX engine as it chases a slice of the $10 trillion currency market
StableFX allows vetted counterparties to quote, trade and settle supported pairs on Arc at any hour.
Macro
Treasury’s cash balance nears $1 trillion while Bitcoin awaits a crucial market signal
The Sept. 22 discussion outlined no investment size or timetable, while current money markets remain well supplied.
Tokenization
$1 billion in trading volume masks hidden liquidity risks for Coinbase stock token holders
Premarket routes priced $100,000 sales across ten tokens; displayed pool balances cannot show what a broad selloff would cost.
Featured
Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge
Treasury says money-market mutual funds absorbed about 85% of more than $550 billion in new bill supply during July and August.
ETF
Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand
More than $6 billion has returned to US spot funds since July, yet heavy short-term holder selling has forced Bitcoin retracement under $85,000.
