Crime
US hit on $24 billion crypto black market sends rival money launderers running for exits
Xinbi-linked withdrawals surged after authorities restrained $52 million, while rival Fulilai began purging laundering merchants.
stablecoins
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Stablecoins
Paolo Ardoino says 650 million people decentralized US debt, but Tether still controls the T-bills
USDT spreads dollar claims and Treasury funding demand while Tether keeps reserve ownership, portfolio control and gains above face value.
Stablecoins
Tether is putting $400 million into a $3 trillion Wall Street debt market just as defaults hit a 5-year high
StableFund launches with $400 million in sponsor capital and ambitions to raise another $3 billion from institutional investors.
Stablecoins
How Tether’s $45 million crackdown drove Southeast Asian scam compounds into an ‘unfreezable’ decentralized stablecoin
Xinbi says it will transact only in USDD after Tether repeatedly froze the wallets underpinning its payment network.
Market
Bitcoin holds near $78,500 as a surging Japanese yen threatens global risk assets
Bitcoin faces a fresh liquidity test as the surging yen forces carry trades to unwind ahead of the BOJ decision.
Analysis
Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying
The New York Fed’s Sept. 2 analysis separates currency choices from reserve-size changes, leaving sovereign Bitcoin demand unproven.
Payments
AI agents are executing millions of micro-payments on XRP Ledger, but hardly any tokens are being bought
t54’s September 8 dashboard also records 4,125 RLUSD settled, showing why payment counts alone cannot establish substantial XRP demand.
Wallets
Tether CEO wants AI agents to hold USDT, but developers are left on the hook for overspending
Tether’s WDK design separates wallet access from payment approval, leaving developers to enforce the limits users expect.
Lending
DeFi lender proposes bad-debt fix, but user USDC funds remain locked
Anthias projects lower monthly debt accrual under unchanged market conditions, while reserve transfers and supplier cash access remain unverified.
Payments
Solana’s “million-payments-a-second” AI system can leave sellers unpaid even after they deliver
Behind the million-per-second benchmark, operator failure tests who funds customer recovery and whether merchants can still collect their final bill.
Stablecoins
CZ’s Kyrgyzstan visit highlights why state backing cannot guarantee a stablecoin exit
CZ praised KGST on September 5; the separate USDKG project limits direct redemption to institutions, and its issuer has faced UK sanctions since May.
Governance
Three DeFi projects face possible exclusion from future Arbitrum DAO programs
Good Entry, Limitless and APX Finance could face separate off-chain ban votes, but the combined figure is not one repayable balance.