Tokenization
Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights
Adam Aron threatened legal and SEC scrutiny; Robinhood's legal chief said the Jersey-issued debt product will remain.
Sentiment: Neutral
Latest stories
AI
Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market
AI has made access to electricity so valuable that Wall Street is beginning to package those megawatts into investable debt.
Digital Asset Treasuries
El Salvador added 1,540 Bitcoin, but the IMF says Bukele’s government didn’t pay for them
The country’s holdings jumped from about 6,224 BTC to more than 7,764 BTC as officials kept claiming the bought “one BTC per day."
Technology
Hidden Solana upgrade bug can freeze network readers and silently disable fee limits
Mainnet activation is still pending, but incompatible indexers, streams and sponsors must update before the first v1 transaction arrives.
Derivatives
Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders
Its 10.8 million-XRP custody position is 97.5% offset by futures, and CFTC categories complicate the obvious answer.
Privacy
Privacy coin flaw risks endless token creation, leaving node operators with a deadline in hours to fix it
At block 1,371,000, v0.14.18.0 restores multi-input private spending and makes older software incompatible.
Macro
Bitcoin faces a two-week Fed trap as inflation rewrite threatens to upend rate cuts
Policymakers will have CPI but not official August PCE when they decide, leaving a second market test on Sept. 30.
Regulation
Kalshi faces $500,000 daily fines as Michigan forces sports event contracts offline
The preliminary injunction lasts until final order, adds a futures broker notice duty and lands amid an appellate split.
Digital Asset Treasuries
Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying
Existing fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle.
Macro
Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire
The pair fell 2.38%, yet FIMA usage and scheduled reserve-management purchases remain at zero.
Technology
Zero-knowledge apps go dark after chain upgrade breaks their underlying verification keys
Mina completed its scheduled network restart, but deployed zkApps still need Mesa-compatible verification keys before proof-authorized activity can resume.
Digital Asset Treasuries
A public company sold Bitcoin and somehow gave each shareholder more BTC exposure
ProCap is using Bitcoin to repurchase shares below NAV, lifting BTC per share despite shrinking its treasury.
