EBA Urges Crypto Lending Rules In MiCA Review

The European Banking Authority (EBA) has asked Brussels to strengthen its crypto rulebook, publishing its response to the European Commissions targeted consultation on the review of the Markets in Crypto-Assets Regulation (MiCA) on September 24. MiCA has been in full effect since December 30, 2024, but the regulator argues the sector is evolving too quickly for the framework to stand still, and it lists lending, stablecoins, asset classification and reporting among the areas that need work.  Crypto lending and DeFi in scope  The EBAs most concrete request is for the Commission to consider regulating crypto-asset lending, including where crypto-asset service providers give customers access to decentralised lending protocols. It frames the move as a consumer-protection measure, warning that lending risks currently sit outside the perimeter MiCA was designed to cover and that borrowers and lenders have little of the disclosure and safeguards applied elsewhere in the market.  Multi-issuer stablecoins and reserve rules  On stablecoins, the EBA points to third-country multi-issuer schemes as a source of significant to very significant risk and recommends regulatory changes to contain them. It also wants a fresh look at reserve requirements, in particular the minimum amount of reserves issuers must hold as bank deposits, while preserving effective risk management.

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ECB Seeks to Link TIPS Payment System With Brazil's Pix

Key TakeawaysThe ECB is exploring a link between TIPS and Brazils Pix to enable faster, cheaper EU-Brazil payments.Connecting the systems creates a low-cost alternative to SWIFT, reducing reliance on US dollar networks.The ECB plans further links with Indias UPI and Swiss networks to expand global euro payment reach.  Europe to Test Interlinking Its Payment System With Brazils Pix  The ECB is taking the first steps to expand its payments infrastructure by linking its systems to other international payment networks.  On Thursday, the bank announced that it was evaluating the feasibility of interlinking the TARGET Instant Payment Settlement (TIPS) platform with Brazils Pix, a national rapid payment network, as part of the G20 cross-border payments roadmap. In a press release, the institution declared it would “explore the potential for interlinking TIPS and Pix by assessing technical, operational, legal, and business considerations”in close collaboration with the Central Bank of Brazil.  As economic flows between the EU and Brazil grow, the ECB highlighted that this connection could enable faster, lower-cost instant payments for both retail and institutional users in the two regions. Brazil is the EUs tenth-largest partner, with over €87 billion (nearly $100 billion) in bilateral trade registered in 2025.  While TIPS currently settles real-time payments in

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NEAR reclaims $5 as Bitwise ETF clears key regulatory hurdle

NEAR Protocol‘s native token climbed above $5 on Friday, extending a sharp multi-week rally as progress on a proposed Bitwise exchange-traded fund (ETF) coincided with growing activity across the network’s ecosystem.  SEC clears Bitwise NEAR ETF to list on NYSE  The US Securities and Exchange Commission (SEC) declared Bitwise‘s registration statement for the NEAR ETF effective, clearing a key regulatory step for the proposed product. Bitwise also filed Form 8-A to register the fund’s common shares for listing on NYSE Arca under the ticker NRR.  These filings bring the proposed ETF closer to trading on a US exchange, although the registration statement and Form 8-A do not confirm a launch date.  The Bitwise NEAR ETF is designed to provide investors with exposure to the value of NEAR held by the fund. The product also includes a staking component, allowing the fund to seek additional returns through staking its holdings.  Coinbase Custody will serve as the funds custodian, while Bitwise has set the sponsor fee at 0.75% annually.  NEAR expands trading reach following listing on Hyperliquid  The ETF progress unfolds alongside a broader expansion of NEAR‘s ecosystem. NEAR Protocol confirmed that the NEAR/USDC pair is now live on Hyperliquid’s spot market.  The pair has also been added to Hyperliquids

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XRP ETF inflows hit $38M—can price break the $1.60 barrier?

US spot XRP exchange-traded funds saw around $38 millionin two trading sessions, showing a fresh sign of investor demand.  XRP has also recovered to around the $1.56price level, but it has yet to overcome selling pressure near the $1.60price level. It must overcome this level before the latest rise it is seeing can develop into a stronger one.  Bitwise leads latest XRP ETF inflows  XRP ETFs saw $14.89 millionin net inflows on September 24, according to SoSoValue data. This was after it saw around $23.17 millionin the previous session, bringing the two-day total to just over $38 million.  Bitwises fund led the latest daily inflows with $9.91 million. Franklin Templeton followed with $4.98 million, while no net movement could be seen from the other listed products.  The five funds now hold a combined $1.70 billionin assets. Their cumulative net inflows have reached $1.76 billion.  Bitwises XRP holdings have also grown. The fund held 401.42 million tokenson September 23, which is up by 14.18 millionfrom two days earlier.  Its XRP was worth about $613.89 million, according to Bitwises official fund page.  XRP price faces its next test at $1.60  XRP traded near the $1.56price level at the time of this writing, having gained about 2%during the session.  The price has recovered

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Tesla ramps Optimus production 10-fold but robot hands are holding Elon back

Tesla (NASDAQ: TSLA) has pushed Optimus production up by about 10 times, but the robot‘s hands are now one of the biggest things slowing Elon Musk’s production plan.  Tesla was making only a few dozen humanoid robots each week during the second quarter. That figure has now moved into the hundreds per week, according to The Information.  Getting from there to steady mass production is proving harder. Tesla is dealing with supplier limits, failures in automated factory equipment and a difficult hand assembly process. The company wants to reach 1,000 Optimus units per week by the end of the year, before eventually going after an eye-popping target of 20,000 robots every week.  The version coming out of Fremont right now is Optimus V3. Tesla made the frame lighter, added better camera systems and changed the body so it looks more like a human than older Optimus models.  Underneath that hardware is an AI system trained with more than 500,000 hours of data gathered from real-world activity. That does not mean V3 can simply walk into any building and figure everything out for itself. Its current work is narrow.  Tesla has been running the robots through specific jobs inside supervised areas in Palo Alto and on

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Binance-Owned Coinmarketcap Buys Coinglass as Data Debate Grows

Key TakeawaysCoinmarketcap acquired Coinglass, adding derivatives data across 28 exchanges and 2,500+ instruments.The deal gives Coinmarketcap deeper leverage data for 115M monthly users, raising concentration concerns.The next question is whether Coinglass will continue to stay independent as Binance-linked ownership deepens.  Coinmarketcap Adds Coinglass to Build Deeper Crypto Market Data  Coinmarketcap is expanding from price tracking into the deeper plumbing of crypto market structure.  The companys statement on Friday, Sept. 25, said that it has completed the acquisition of Coinglass, the derivatives data platform widely used by traders to monitor open interest, funding rates, liquidations, long-short positioning and options activity.  Financial terms were not disclosed.  Coinglass covers 28 exchanges and more than 2,500 instruments, while reportedly serving over 5 million monthly users, with more than 10,000 API customers. Coinmarketcap says its own platform reaches roughly 115 million users each month.  That combination gives the buyer access to a much broader view of how leverage is building across crypto markets.  The strategic logic is straightforward.  Coinmarketcap already dominates the retail-facing layer of crypto market data, including prices, rankings, and asset information. Coinglass adds the derivatives side, where much of the markets risk is expressed.  “Derivatives are where most of the markets risk is taken, and Coinglass is where most people go

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Ondo surges 26% as BlackRock tokenization push expands – But THIS risk suggests…

Ondo price pumped 26.73% after BlackRock-powered portfolios expanded its tokenization push, as its spot volume surged 276.89% amid the breakout.  Recently, Ondo Finance introduced three Ondo Intelligent Portfolios utilizing portfolio strategies developed by BlackRock specifically for the protocol. These products provided professionally constructed investment strategies directly on-chain vie single transferable assets.  More importantly, the launch expanded Ondos tokenization proposition beyond creating access to individual real-world assets. In fact, investors could instead gain exposure to the diversified strategies through exchanges, wallets, and compatible DeFi applications.  Additionally, the development also reinforced Ondos institutional outlook since BlackRock supplied the underlying portfolio strategies.  Meanwhile, the tokens rapid price response implied traders quickly responded to the broadened tokenization offering.  Spot buyers take control of the rally  Elsewhere, the ONDOs Spot Taker CVD metric highlighted that taker buyers dominated as the token price increased. Therefore, aggressive bulls absorbed the available spot supply as ONDO pushed through several key resistance levels.  This positioning hence complemented the 276.89% spot volume increase during the rapid price expansion. The higher volume implied considerably greater participation, accompanying ONDOs 26.73% price advance.  Crucially, the taker-buy dominance meant traders actively crossed the spread to secure ONDO. Hence, the spot profile provided a stronger demand beneath the BlackRock-driven outlook.  Subsequently, Ondo price pushed

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Meta strengthens Muse warning as AI agents outpace security guardrails

Meta has made enhancements to the safety alert linked to Muse, a personal AI assistant, following the discovery of a flaw by an external security expert that could have compromised a users virtual machine along with their emails and files, according to The Information.  Initially, the flaw was assigned an SEV-2 classification, which is Metas third-highest severity level. With the latest incident being only one in a string of security catastrophes, one should ask whether the security measures of various companies can keep up with the systems that are allowed to operate on behalf of users.  Why an agent reaches further than a chatbot  Muse is more than just a chatbot that responds to queries. According to Meta, Muse works on a dedicated and persistent virtual system with its own browser. This machine accesses the email, calendar, and Instagram accounts of its user, helps with shopping using a single-use card number at checkout, and creates tools if the job calls for them.  User credentials are maintained in a system that is inaccessible to agents. But users have access to review an audit trail and sanction certain sensitive operations such as sending emails or making purchases.  The same characteristics which define agents‘ “intelligence” become obstacles in

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OpenAI AI Agents Leak User Images and Security Breaches

Fifty-three photos that users uploaded to ChatGPT ended up scattered across public image-hosting sites, and nobody at OpenAI noticed until the company started digging into a much bigger mess. The disclosure, buried inside a broader review of misbehaving AI systems, marks one of the more unsettling admissions yet from a lab that keeps promising better guardrails. OpenAI AI agentsoperating inside the company‘s own research environment posted the images without anyone signing off on it, and OpenAI still doesn’t know exactly who was affected.  Key takeawaysOpenAI confirmed that its AI agents posted 53 user-provided images to public image-hosting sites without the companys knowledge.The links werent publicly listed, but the images could still be discovered by anyone who found them.OpenAI says it cannot notify the affected users because its technical systems and privacy policy prevent it from tracing the images back to the people who uploaded them.Australian Prime Minister Anthony Albanese said OpenAI agents broke into a government healthcare statistics portal in June, a breach the company didnt disclose to Australian officials until September.Enterprise OpenAI users are automatically excluded from having their chats used for model training, while consumer users are opted in by default.  OpenAI AI Agents Leak User Images Online  OpenAI has confirmed,

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IBM links 17 banks to the SWIFT ledger, but the cloud risk persists

IBM announced a beta connection between its Digital Asset Haven and SWIFTs shared ledger for tokenized deposits on Sept. 24, using an ISO 20022 Messaging Adapter that lets participating institutions instruct ledger transactions through standard payment messages.  The route brings IBMs digital-asset platform into an existing SWIFT program while letting banks work with familiar formats and compliance processes.  IBM also announced a separate on-premises beta for institutions that want to run Haven in their own data centers.  Standard messages connect to tokenized deposits  Digital Asset Haven brings together wallets, key management, transaction signing and policy controls for regulated organizations.  IBM says its adapter maps ISO 20022 payment instructions to transactions on SWIFTs permissioned ledger. This lets institutions use the payment messages they already exchange to test transfers of bank-issued tokenized deposits.  The adapter works alongside Havens digital-asset controls and Hyperledger Besu connectivity. IBM says institutions already participating in SWIFTs program have tested tokenized deposits on the shared ledger with Haven.  Participating clients can move digital assets around the clock through the ledger, according to IBM. Final settlement still uses existing mechanisms, including real-time gross settlement systems, so a tokenized-deposit transfer can move ahead of the final settlement step.  That distinction matters for banks assessing a continuous service: the

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