Author: James Wilson
Ethena has appointed FalconX as an institutional lending partner, adding an overcollateralized stablecoin credit facility to the assets backing its synthetic dollar business. Summary Ethena will provide a revolving senior secured credit facility through a FalconX lending vehicle. FalconX will use the capital to acquire crypto-backed institutional loan receivables. Ethena will hold a first-priority security interest over the vehicle’s assets. Commercial thresholds, portfolio limits, pricing terms, and the facility’s size remain confidential. Ethena said in an Aug. 14 announcement that the agreement will place stablecoins into overcollateralized lending arrangements managed through digital asset prime broker FalconX. Ethena has partnered with…
The CFTC has scheduled a three-hour meeting for Aug. 20 to examine crypto assets, artificial intelligence, prediction markets, and its recent work across the three sectors. Summary The CFTC Innovation Advisory Committee will meet from 1 p.m. to 4 p.m. EDT. Committee members will attend in Washington, while the public can watch the meeting online. Crypto assets, AI, and prediction markets are listed among the main discussion areas. Written public statements related to the meeting must be submitted by Aug. 27. CFTC meeting will put crypto and AI policy on the agenda The Commodity Futures Trading Commission said in an…
Morph has launched a non-custodial payments platform that supports USDC and USDT, lets businesses connect their own wallets, and settles customer payments directly on-chain. Summary USDC and USDT payments settle directly into wallets controlled by users. Morph Payments includes invoices, payment links, and a transaction dashboard. The platform does not require businesses to deposit stablecoins with Morph. Visa data cited by Morph put adjusted stablecoin volume at $10.2 trillion over 12 months. Morph Payments leaves funds in users’ wallets According to an Aug. 12 press release from Morph shared with crypto.news, the service is available to online businesses, freelancers, and…
Four companies within Mitsubishi UFJ Financial Group have launched a proof of concept to test Japanese government bond repo transactions on the Canton Network, with the project targeting automated processing and 24-hour on-chain settlement. Summary Four MUFG companies will test Japanese government bond repo transactions on the Canton Network. The proof of concept will examine automated transaction processing and real time settlement available 24/7. Digital Asset Holdings and Progmat will participate in the trial alongside MUFG, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking and MUFG Bank. The project is part of Japan’s FSA backed Payment Innovation Project…
Ethereum price fell 2.4% from $1,918 to an intraday low of $1,872 as traders sold the initial U.S. inflation reaction, leaving ETH below $1,900 and testing a key daily support zone. Summary Ethereum price dropped 2.4% to $1,872 after its post-CPI advance stalled below resistance. $1,875 is the immediate support, while 4-hour momentum remains tilted toward sellers. Liquidation liquidity is concentrated near $1,945–$1,955, creating a possible upside price magnet. A break below $1,850 could expose $1,835, followed by the broader $1,750 support level. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price traded near $1,879 at the…
Bitcoin price slipped toward $63,300 on Aug. 13 as an in-line U.S. inflation report failed to generate enough demand for a break above the $64,500–$65,000 resistance zone. Summary Bitcoin price fell about 1.5% from $64,300 to $63,300 after the July CPI release. The daily chart keeps BTC below the key $66,460 Fibonacci resistance. Liquidation clusters sit near $64,000–$64,800 and $62,800, raising the risk of volatility. Daily RSI has fallen to 46.61, while the MACD shows renewed bearish pressure. Bitcoin price action today The U.S. Bureau of Labor Statistics reported that the Consumer Price Index rose 0.1% in July and 3.4%…
Charles Schwab has added direct Bitcoin and Ether trading to its retail brokerage platform at a 0.75% transaction fee, putting crypto inside a business that reported $13.1 trillion in client assets and 39.8 million active brokerage accounts at the end of the second quarter. Summary Charles Schwab has rolled out direct Bitcoin and Ether trading at a 0.75% transaction fee. Schwab reported $13.1 trillion in client assets and 39.8 million active brokerage accounts in the second quarter. The brokerage has started testing crypto transfers after launching spot trading without deposits or withdrawals. Morgan Stanley’s E*Trade has priced crypto trading at…
Hyperliquid opened access to its Foundation operated low latency data infrastructure to qualified third party infrastructure providers on Aug. 12, creating a cheaper route for trading firms and developers that previously faced demanding direct access requirements. Summary Hyperliquid opened Foundation low-latency node access to qualified infrastructure providers under a standardized pricing model. Provider pricing is currently indicated below $1,000 monthly, covering computing resources and outbound network traffic. Qualified providers need one year operating history, 100 customers, five networks, and 99.9% availability levels. Direct Foundation access previously required staking 10,000 HYPE and Tier 1 maker rebate qualification status. Providers may not…
Goldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, a deal that will add three Bitcoin and Ethereum options-income ETFs managing more than $1.1 billion combined to its asset management business. Summary Goldman Sachs will acquire Neos Investments for up to $2.25 billion. The deal will add three Bitcoin and Ethereum income ETFs to Goldman’s asset management business. Neos manages more than $30 billion across 19 options based income ETFs. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval. According to Goldman Sachs, the cash-and-equity transaction will bring Neos…
ASX shareholder Rosherville Pty Ltd has notified the Australian Securities Exchange that it plans to seek Federal Court permission to pursue certain former officers and directors over the failed CHESS replacement project. Summary Rosherville plans to seek Federal Court approval to sue ASX officers and directors over CHESS. ASX says the proposed derivative action contains no allegations against the exchange itself at present. Federal Court ordered ASX to pay A$20.5 million over its earlier misleading CHESS project statement. ASX scrapped the original distributed ledger system after writing off A$245 million to A$255 million. ASX replacement Release 1 launched in April…