Crypto Industry News & Market Trends

An $84 million US asset seizure just sparked a massive question for Tether

Tether has disclosed exposure to EQIBank as the bank fights a US seizure involving payment processor Capstone Limited, raising a question about access to assets that might back USDT. On Sept. 25, the stablecoin issuer told PYMNTS the exposure was less than 0.034% of the Tether groups assets. It gave no dollar balance or indication that the money is part of USDT reserves.　　Related Asset Tether USDT · Stablecoin　　The government filed a civil forfeiture complaint in July. A court record lists about $83.03 million in three bank balances and roughly 1.18 million USDT at two addresses. Combined at a $1 value for each USDT, that is about $84.2 million. A subsequent court order identifies the bank accounts as held in Capstones name. It does not identify the listed property as Tethers.　　EQIBank sought the return of seized property in a separate but related action. A court record shows that its motion was denied. That denial did not decide the ultimate forfeiture case or establish who owns the property. The governments claim to the assets remains distinct from Tethers undisclosed exposure to the bank.　　The USDT reserve link is unproven　　The denominator in Tethers statement matters. Its less-than-0.034% figure concerns group assets, while its published

Yesterday 05:15Industry

Amazon gets no buy button as Google tests Flipkart checkout in Gemini

Google is testing a Buy button for Walmart-owned Flipkart in Gemini and AI Mode for some shoppers in India.　　Amazon listings next to them dont have that option.　　Smartphones and accessories lead the early AI Mode trial　　People familiar with the matter said tapping on Buy takes users to a Flipkart checkout without leaving the AI interface. The early test covers some users and a short list of goods.　　Discover more　　FINANCE　　Crypto tax software　　Crypto market updates　　Categories are smartphones, electronics and mobile accessories. Other users are still seeing regular Flipkart listings in Gemini and AI Mode, with no buy option.　　A spokesperson said to TechCrunch that Google is “always testing new features and experiences to help people discover and connect with businesses more easily.” The company regularly conducts experiments, the spokesperson added, and had no further details.　　The buy option is not yet showing in every retailer in Googles AI results. Amazon listings popped up alongside Flipkart products, but there was no option to purchase via the AI interface.　　A $350 million stake links the search giant to Walmarts Indian retailer　　Google is aiming for a wider rollout later in October, ahead of Indias festive shopping season, said one person familiar with the plan. Flipkart and Amazon have some of

Yesterday 05:09Industry

Worldcoin clears a key psychological Level - $0.65 is next

WorldCoin [WLD] is up 11.29% to $0.532 on the 24-hour timeframe, well above the 0.76% rise recorded by the broader market. All credit goes to investors as they pour money into altcoins and the fresh wave of interest in tokens linked to AI services.　　The tokens long-term sentiment still sparks bullish signals. WLD is also up 23.76% over the past week, building on the recent recovery while keeping buying interest in control of price movement.　　Can WLD extend its breakout？　　On the derivatives side, trading activity across the Worldcoin network has stayed high, with its daily volume maintaining itself at above $500 million.　　As per the current figures from the networks, the total trading volume stands at $665 million, having experienced a 15% increase during the day. This is an indication that the recent price gains are being supported by market activity.　　Source: Santiment　　At the same time, WLD has also cleared the $0.50 psychological level, giving buyers a higher base to build on if momentum persists. Upon clearing the psychological price level, the network whales have accumulated more orders in the future, as seen from the recent average order size data.　　This points to a strategic accumulation as the path to the imbalance zone between $0.55

Yesterday 05:04Industry

Riot Repays $200M Coinbase Bitcoin-Backed Loan

Riot Platforms has repaid and terminated its $200 million bitcoin-backed credit facility with Coinbase Credit, according to an SEC filing, releasing the digital assets it had pledged as collateral. The Nasdaq-listed bitcoin miner completed the full voluntary prepayment of all outstanding principal on September 21 and disclosed the transaction in a Form 8-K filed on September 25. The filing states that all obligations under the credit agreement were satisfied and discharged, and the agreement was terminated. The prepayment closed out a secured borrowing arrangement that Riot had used to raise capital while pledging its bitcoin and other digital assets.　　How the facility was structured　　The terminated facility was governed by the Second Amended and Restated Credit Agreement dated April 21, 2026, between Riot as borrower and Coinbase Credit, Inc. as lender, collateral agent and administrative agent. It provided a multiple draw-down secured term loan of up to $200 million, secured by a pledge of Riot‘s financial assets, including bitcoin, USDC and cash held in the custody of Coinbase Custody Trust Company. Riot first reported the agreement in a Form 8-K filed on April 27, 2026. The lender’s commitment to make further loans under the facility has now ended.　　No early termination fee　　Riot said

Yesterday 05:01Industry

Ether must clear $5,000 before Peter Brandt's $8,600 chart target comes into play

Peter Brandts long-term Ether chart has a target of $8,600, but only if ETH breaks $5,000.　　The token is trading near $2,693, which means the first hurdle alone is about 86% higher.　　CME futures mark the top line at $8,674.50　　The chart, which was based on CME Ether futures, was posted on X by Brandt on September 21. It reads $8,674.50, but he rounds it down to $8,600.　　“It implies an eventual move to 8,600 once 5,000 is handled,” Brandt wrote. He did not give a date or timetable for the forecast.　　From $2,693 to $5,000 takes a gain of about 86%. The full route to $8,600 means a rise of about 219%.　　The closer picture begins at $3,000, the first short-term resistance. ETH has climbed from approximately $2,360 earlier in September.　　Then theres the $5,000 threshold Brandt uses as the gate. The target is $8,600, another 72% from a $5,000 print.　　Peter Brandt‘s long-term ETH chart on X.The same no-trade caveat covered XRP’s $5.40 path　　“A claim of a ‘call’ or simple presentation of a chart is NOT a trade,” Brandt wrote. People who claim trades need to provide proof, he added.　　“An X post is NOT proof,” he said.　　He gave the same caveat on another long-term XRP chart

Yesterday 05:00Industry

Japan Arrests 2 in Cambodia-Linked Crypto Fraud

Japan arrests 2 suspects after fake police allegedly tricked a woman into transferring 81 million yen in a crypto fraud.　　Japan has arrested 2 suspects linked to a Cambodia-based crypto fraud network targeting Japanese victims. Police suspect losses reached 240 million yen.　　Japan Police Arrest 2 Suspects Over Crypto Transfer　　Saki Okayama, 31, and Mitsuki Minamisawa, 38, were arrested by the Tokyo police. Both suspects are believed to have been involved in fake police officer fraud.　　???????? Au Japon, une femme a perdu léquivalent de plus de 500 000 $ en cryptos après que de faux policiers lui ont demandé de transférer ses fonds pour… « prouver son innocence ».　　L‘arnaque aurait été orchestrée depuis un centre d’appels au Cambodge. Les escrocs se faisaient…　　The suspects reportedly called a woman in her 40s. During the fraud, they allegedly acted as representatives of Japanese police and prosecutors.　　Related reading: KelpDAO Files Lawsuit Against LayerZero Over $292M Bridge Exploit | Live Bitcoin News　　Discover more　　Ethereum staking service　　Secure crypto storage　　investing　　Then the callers informed the lady that they had found her bank card in a money-laundering case. They also won a huge fraud case with hundreds of accounts.　　In addition, the callers reportedly threatened to arrest the woman soon. They then asked her

Yesterday 04:20Industry

XRP ETFs Attract $75M in a Week as SOL Funds Hit New 2026 High

Friday was particularly good day for the financial vehicles tracking both assets, especially SOL.　　The spot exchange-traded funds tracking the performance of Ripples cross-border token started the week quietly but built on by the end of it, reaching a new cumulative all-time high.　　At the same time, the products tracking Solanas SOL are on a green-only streak since September 11, and the inflows peaked on Friday with more than $86 million.　　XRP ETFs Had a Big Week　　The previous business week was a little shaky for the XRP ETFs, as they attracted a more modest $9.56 million, less than half of the $19 million seen in the first few weeks of September. Nevertheless, the financial vehicles still extended their green streak to ten consecutive weeks.　　After marking more net outflows last Thursday and Friday, investors stood on the sidelines on September 21 as the new week began, with SoSoData showing no reportable inflows on Monday. However, the trend changed on Tuesday and remained on a high note until Friday.　　Investors poured in $20.02 million on September 22, followed by $18.04 million on September 23, another $14.89 million on Thursday, and $22.65 million on Friday. This meant that the five-day trading period ended well in the green,

Yesterday 04:14Industry

Solana batch ordering proposal leaves leaders in control

A proposed Solana rule would let validators reject a block when transactions inside one entry batch are recorded out of fee-priority order. It would not decide which transactions make the block. The SIMD-0649 pull request closed on Sept. 25 without merging, leaving that narrower trade-off for further discussion rather than putting a new ordering rule into effect.　　The distinction matters to traders trying to predict where an order will land. Under the draft, a block producer, known as the leader, would still choose which transactions to include and how to divide them into batches. The proposed consensus check would make the order of transactions within each completed batch inspectable and enforceable. It would not establish one priority queue for an entire slot.　　Solana‘s ledger groups entries into batches. In the draft’s design, non-exempt transactions in each batch would have to appear in non-increasing priority order. A validator replaying the block would compare their recorded priorities and treat a violation as an invalid block. It would not reshuffle transactions into the right sequence after receiving them. Equal-priority transactions could appear in either order, and simple vote transactions would be exempt.　　The priority score is based on the reward a leader receives for including a

Yesterday 04:09Industry

Solanas plan for fairer trades stalls as block producers still choose which orders get in

A proposed Solana rule would let validators reject a block when transactions inside one entry batch are recorded out of fee-priority order. It would not decide which transactions make the block. The SIMD-0649 pull request closed on Sept. 25 without merging, leaving that narrower trade-off for further discussion rather than putting a new ordering rule into effect.　　Related Asset Solana #7 SOL · $123.18 24-hour change: up 1.74% Loading price history… 24H Up 1.74% 7D Up 11.46% 30D Up 19.08%　　The distinction matters to traders trying to predict where an order will land. Under the draft, a block producer, known as the leader, would still choose which transactions to include and how to divide them into batches. The proposed consensus check would make the order of transactions within each completed batch inspectable and enforceable. It would not establish one priority queue for an entire slot.　　Solanas ledger groups entries into batches. In the drafts design, non-exempt transactions in each batch would have to appear in non-increasing priority order. A validator replaying the block would compare their recorded priorities and treat a violation as an invalid block. It would not reshuffle transactions into the right sequence after receiving them. Equal-priority transactions could appear in

Yesterday 04:05Industry

KAS went up 12%, but the Kaspa network is emptying out - What's happening？

Kaspa [KAS] has been among the ringleaders of tokens that have been making waves of late. The asset pulled a 12% gain over the past 24 hours, while its weekly performance stood strong as well, with a 23% increment.　　While KAS continues to make an upswing, data points to weakening activity and liquidity positioning that could force a decline for the asset in the short term. Importantly, sentiment is also at play, which is presently changing the dynamics.　　KAS rally faces weakening on-chain activity　　The activity on-chain hasn‘t supported the expansion that has been witnessed with Kaspa’s price over the past weeks. The Daily Active Users (DAU), which tracks unique addresses on the chain, has significantly plummeted between the 17th of September and press time.　　According to data from Kaspalytics, the figure dropped from 36,570 down to roughly 7,910, making a 78% decline within a week. Thats not all. While the amount of active users plummeted, transactions followed suit.　　Source: Kaspalytics　　The standard transactions count in the past 24 hours specifically had dropped as well, from about 208,480 down to 113,530. This decline meant that over 94,000 transactions were placed in the past day.　　One notable point is that transactions via Coinbase for Kaspa had maintained nearly

Yesterday 04:02Industry

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