Five major US spot XRP funds recorded about $320.8 million in net primary-market inflows despite a combined $746.1 million gap between XRP fair value and accounting cost. SEC filings showed roughly $629.9 million in share creations and $309.1 million in redemptions during the first half of the year. The funds held XRP worth $947.3 million at June 30 against nearly $1.7 billion in accounting cost.
Bitfinex Securities listed five tokenized notes linked to Bitcoin treasury companies. The products track the economic performance of shares in Strategy, Metaplanet, H100 Group and Capital B. Eligible non-US investors can trade the notes against dollars, USDT and Bitcoin.
Singapore weighs recognizing foreign-regulated stablecoins under MAS framework
Singapore is considering recognizing some foreign-regulated stablecoins under its Monetary Authority of Singapore framework. The proposal would cover stablecoins jointly issued by Singapore and foreign issuers. MAS opened a public consultation on legislative amendments and related policy proposals.
A judge approved Bank of America's $72.5 million settlement with women who said the bank helped Jeffrey Epstein's sex-trafficking operation. The bank denies facilitating trafficking and did not admit liability.
UK crime agency reportedly freezes $13.6M in Premier League funds in Sorare probe
The UK's National Crime Agency reportedly froze more than $13.6 million in a Premier League bank account during an investigation into Sorare. The agency obtained the order from Westminster magistrates' court in January 2025 under the Proceeds of Crime Act. Sorare also faces a Gambling Commission prosecution over allegedly operating gambling without a licence, with trial scheduled for June 2027.
Tether CEO Paolo Ardoino confirmed Tether’s 70% stake in agribusiness Adecoagro with a cow GIF. Tether raised the position through a tender offer in 2025. Adecoagro’s shares closed Monday at $11.38 after gaining 5.96%.
Payward plans 100 London-listed stock tokens for LSE 24 trading
Payward plans to tokenize the 100 largest companies listed on the London Stock Exchange as xStocks. The first tokens are expected on Kraken and other xStocks Alliance platforms in the coming weeks. The tokens will be available in more than 110 countries, but not currently to UK-based investors. Subject to regulatory approval, the LSE plans to support xStocks trading on its LSE 24 venue.
Strategy's STRC preferred stock remains below its $100 par value despite $635.2 million in buybacks. Strive's SATA offers a 13% annualized dividend paid daily, compared with STRC's 12% rate paid semi-monthly. Strategy's latest STRC repurchase totaled $151.8 million.
Kalshi suspended Republican House candidate Laurie Buckhout for three years after finding she bet on her own race. Buckhout agreed to pay a $2,589.96 penalty. Kalshi also imposed a lifetime ban and a fine of over $70,000 on former congressman George Santos.
Musk reacts to €30,000 German fee for reading startup contract
Elon Musk replied “Wow” to a story about a German founder who paid €30,000 to have a 90-page investment contract read aloud by a notary. German law requires the session for certain company transactions. Paul Graham contrasted the process with US SAFE deals that require checking only names and numbers.
Cronos validators roll back chain after estimated $75 million Tectonic exploit
Cronos validators rolled back the chain to its state before a Tectonic exploit that Weilin Li estimated at about $75 million. Cronos then restarted block production from block 90,896,189 on Aug. 31. Some protocols, RPC providers, explorers and bridges could take longer to recover.
U.S. spot bitcoin ETFs attracted about $217 million on Monday after a one-day break. Ether ETFs recorded $88 million in net buying for an 11th consecutive day. Bitcoin ETF net assets ended August just under $100 billion.
Crypto recorded 50 major hacks in August, the highest monthly count of 2026. Total losses fell to $136.3 million, down 49.5% from July. Tectonic reportedly lost roughly $74 million in the largest incident of the month.
LSEG and Payward plan to put 100 UK stocks onchain
LSEG and Payward plan to make shares of the 100 largest LSE-listed companies available as xStocks, pending regulatory approval. The tokens will be one-to-one-backed versions of the underlying shares. They can trade 24/7 on centralized exchanges, self-custody wallets and onchain applications.
1789 Capital will reportedly invest about $300 million in Polymarket. The investment would be part of a $1 billion round that would value Polymarket at $21 billion. The investment would bring 1789 Capital's total investment in Polymarket to about $500 million.
President Donald Trump warned towns on Monday that rejecting data center projects would leave them "backwards and poor." More than 500 US counties and towns restrict or block data centers. Opposition has increased voter anger before the November midterm elections.
Meta removes dozens of porn ads tied to banking malware after India warning
Meta removed dozens of Facebook and Instagram ads that promoted malicious Android apps designed to steal banking credentials. The ads promoted apps such as Night Play and Kyss, which directed users to download files outside official app stores. India's advisory said the apps could access device information, intercept one-time passwords and bank PINs, and initiate unauthorized transfers.
Gold falls 5.5% from three-month high as Goldman sees 10% upside
Gold fell 5.5% from its three-month high to about 4,436. Goldman Sachs Research reaffirmed its 4,900 target for the end of 2026. The decline pushed gold below its 200-day moving average after renewed bets on a Federal Reserve rate hike. Fidelity's analysis valued gold at around 5,000 against global M2 money supply.
Strategy opposes MSCI proposal, calling it discriminatory against DATs
Strategy formally opposed MSCI's proposal to exclude certain non-operating asset companies from its indexes. The proposal would subject companies with operating assets below 50% of total assets to five additional financial-ratio examinations. Triggering at least four flags would make a company ineligible for index listing. MSCI will accept feedback until Sept. 30 and plans to announce the result by Oct. 16.
Saylor argues for flexible Bitcoin ownership as Strategy raises $2.0065 billion
Michael Saylor published an essay arguing that institutional custody and securities can expand Bitcoin without eliminating self-custody. Strategy reported $2.0065 billion in net proceeds from MSTR share sales. The company also reported $5.10 billion in its USD Reserve, $1.59 billion in a USD Cash pool and a $136.4 million STRC preferred-stock repurchase.