Author: James Wilson
Castle has opened its automated financial platform to individual users, allowing customers to convert any portion of the 12% annual dividend paid by Strategy’s STRC preferred stock into Bitcoin. Summary Castle users can receive STRC dividends in cash, Bitcoin, or a combination of both. STRC carries a 12% variable annual dividend rate for September record dates. Strategy pays the dividend in cash before Castle converts the selected portion into Bitcoin. Castle previously limited its automated Bitcoin financial services to businesses and nonprofit organizations. Castle said in a Tuesday statement that personal account holders can choose how much of each STRC…
Copper CEO Amar Kuchinad has left the crypto custody company four months into a sale process that reportedly values the firm at $500 million despite potential offers near $200 million. Summary Kuchinad has departed less than two years after taking over from Copper founder Dmitry Tokarev. Cantor Fitzgerald has been marketing the custody company with a reported $500 million price tag. Potential buyers have submitted offers near $200 million, according to an earlier report. Copper recently appointed Elin Cherry and Sean Bowen to senior compliance and operations roles. Copper CEO leaves during buyer search According to a report on Sep.…
CoinCorner has launched a Bitcoin custody service for UK customers that charges a 1.5% annual fee and uses keys held separately by CoinCorner and AnchorWatch. Summary CoinCorner and AnchorWatch each control a key, preventing either company from moving customers’ Bitcoin alone. Lloyd’s of London underwriters cover key loss and unauthorized access involving Bitcoin held in Vault. Customers can add or remove funds without a long-term commitment and set custom identity checks. CoinCorner’s crypto services remain outside FCA regulation and are not protected by the UK’s FSCS. CoinCorner said its new Vault uses multi-signature technology to divide control of customers’ Bitcoin…
The CLARITY Act has moved closer to defeat ahead of its Sept. 15 Senate vote as lawmakers remain divided over presidential ethics rules and stablecoin rewards. Summary The Senate will hold a procedural vote on the CLARITY Act at 2:15 p.m. ET on Sept. 15. Republicans need at least seven Democratic or independent votes to reach the 60-vote threshold. Negotiators remain divided over crypto interests linked to President Donald Trump and his family. Bank concerns and the shortened House calendar have added further barriers to passage in 2026. CLARITY Act ethics talks remain stalled Semafor reported on Sept. 8 that…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto exchange maker and taker fees compared across eight major platforms for spot and futures trading in 2026. Summary Compare maker and taker fees across eight major crypto exchanges, including MEXC, Binance, Coinbase, OKX, Bybit, and KuCoin. MEXC leads on published trading fees, while Binance, OKX, and Bybit offer competitive rates alongside deep liquidity and active trading markets. Crypto traders can compare exchange fees and first discount tiers to find the most cost-effective venue for spot and futures trading.…
Bitcoin price fell below $79,000 on Sept. 8 as weakening capital flows and nearby liquidation clusters increased the risk of a deeper pullback toward $76,000. Summary Bitcoin price traded near $78,450 after failing to hold the former $79,500 support area. 4-hour CMF fell to -0.10, showing that selling pressure outweighed buying activity. The daily chart kept a bullish structure above the 20-, 50-, 100-, and 200-day averages. Liquidation clusters near $78,000 and $80,600 could shape Bitcoin’s next short-term move. Bitcoin price falls below $79,000 According to data from crypto.news, Bitcoin (BTC) price traded at approximately $78,450 at the time of…
Robinhood’s tokenized AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. Summary Robinhood Stock Tokens provide economic exposure but grant holders no ownership or voting rights whatsoever. IOSG estimated tokenized AMC supply expanded nineteenfold as arbitrageurs responded to an onchain price premium. AMC shares rose during premarket trading, although researchers could not isolate token related buying precisely. Dynamic creation and redemption can close premiums, limiting sustained squeezes in genuinely backed stock tokens. Market closures can interrupt issuance, leaving token…
Fractal Bitcoin has completed its first halving at block 2,100,000, cutting the network’s block reward to 6.25 FB as the FIP-102 upgrade takes effect and sets aside an equivalent 6.25 FB emission budget for future distribution on the Bitcoin mainnet. Summary Fractal Bitcoin completed its first halving at block 2,100,000, with nodes and indexing services operating normally after activation. FIP-102 reduced the Fractal side block reward to 6.25 FB and allocated an equivalent 6.25 FB emission budget for Bitcoin mainnet distribution. FB’s total supply will not increase under the new structure, while Fractal’s three existing mining mechanisms retain their 1:1:1…
The CHFD stablecoin entered its formal testing phase on Sept. 8 after Swiss financial market operator SIX and payments provider TWINT joined seven existing participants in the controlled initiative. Summary Nine Swiss institutions are testing CHFD after SIX and TWINT joined the existing sandbox initiative. CHFD has operated inside the controlled sandbox since late June with transaction limits applied throughout. Tests cover institutional automation, tokenized asset settlement and programmable payments for several practical scenarios jointly. One CHFD is designed to equal one Swiss franc during the experimental testing phase only. Partners expect testing to continue through 2026 before publishing an…
BDACS has selected LayerZero’s Omnichain Fungible Token standard for its KRW1 stablecoin, giving the won-backed asset a unified cross-chain system as the company seeks to expand its use outside South Korea. Summary BDACS has selected LayerZero’s OFT standard to support cross-chain transfers of its Korean won-backed KRW1 stablecoin. KRW1 will maintain a unified supply across connected networks, with tokens debited on the source chain and credited on the destination chain. KRW1 remains backed 1:1 by Korean won held at Woori Bank as BDACS expands the stablecoin across blockchain networks. LayerZero said its OFT standard has processed $280 billion in lifetime…