U.S. spot Bitcoin and Ethereum exchange-traded funds attracted a combined $1.20 billion during the trading week ending Sept. 4, with Bitcoin products accounting for more than 80% of the total. Summary Spot Bitcoin ETFs recorded $986.7 million in weekly net inflows. Ethereum ETFs added $215.3 million, down sharply from the previous week. BlackRock’s Bitcoin funds…
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Key Takeaways Kalshi’s opposition brief is due within 30 days of New Jersey’s Sept. 2 cert petition. CEO Tarek Mansour says a new CFTC rule is coming in weeks or months to clarify Rule 40.11. The petition never mentions that rewrite, though it cites the rule twenty times. Three Executives, One Argument, No Brief Yet…
In this week’s edition of the weekly recap, Polymarket pursued a $1 billion funding round at a proposed $21 billion valuation, while Cronos reversed its blockchain after a $75 million exploit. U.S. spot Bitcoin ETFs also posted their strongest daily inflow since January as BTC briefly crossed $82,000. Summary Polymarket’s planned $1 billion round would…
Nscale, a British AI infrastructure company founded just two years ago, has said it may go public as early as later this month. Ahead of that expected IPO, the company is reportedly in talks to raise an additional $3.5 billion. Bloomberg reported Friday that the company is looking to sell $1.5 billion in convertible notes…
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Key Takeaways Peckshield reported 50 crypto hacks in August 2026, a 67% jump from July, while total losses fell to $136.3M. A $74M breach at Tectonicfi led monthly damages, but Cronos chain intervention trapped most stolen assets. Albert Dadon sees threshold-based enclave governance, like AERSeal, replacing single-key risk. Crypto Exploits Surge in August as Financial…
Robinhood has rejected AMC Entertainment’s demand to halt an AMC-linked token, turning a dispute over one of its 189 stock products into a test of how US rules may treat third-party tokenized equities. Summary Robinhood’s legal chief told AMC to send its lawyers after the theater chain demanded a trading halt. AMC token holders receive…
British fintech Revolut has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national bank charter, moving the company closer to launching a fully fledged bank in the United States. The approval, announced Thursday, is a major step in Revolut’s plans to establish a U.S. banking operation by…
