September 2026 – Page 58 – Block Stream Media

Crypto

SEC proposes transfer agent overhaul for tokenized securities

Adam Forsyth2 months ago07 mins

The U.S. Securities and Exchange Commission has proposed its first major transfer-agent rule overhaul in more than four decades as blockchain recordkeeping, tokenized securities and automated systems enter regulated U.S. markets. Summary The SEC proposal would update registration, recordkeeping, transfer processing, and asset-safeguarding requirements. Onchain transfer agents would face controls covering digital records, cybersecurity risks,…

Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin

Felicity Underwood2 months ago02 mins

A group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing to launch a dollar stablecoin for business payments across borders. The firms say they will form a new company in the second half of 2026 and aim to have the token live in the first…

Chinese State Media Accuses Anthropic of AI Double Standards

Abigail Avery2 months ago04 mins

A social media account affiliated with Chinese state broadcaster CCTV has accused US AI labs of applying a double standard to monitoring and data collection, singling out Anthropic for criticism. The critique comes amid reports that the two countries could hold talks on AI governance and deployment before Xi Jinping’s planned US visit on Sept….

Zcash and Monero’s Price Rip Higher as Privacy-Coin Markets Roar

Joseph Rees2 months ago03 mins

Key Takeaways Zcash (ZEC) surged 82% in August to a market cap over $14 billion following the launch of a spot Grayscale ETF. Monero (XMR) gained 40% in August after Thorchain integrated native cross-chain swap support for the token. Privacy assets face ongoing regulatory scrutiny but continue anchoring demand through decentralized liquidity. Institutional Exposure Drives…

Crypto

Solana’s 7% Pullback Isn’t Slowing Demand: Here’s the $150 Setup

Adam Forsyth2 months ago03 mins

Solana was trading near $102 on Tuesday, down more than 7% from its recent seven-month high of nearly $110. The recent price weakness has not stopped signs of stronger demand from building across the network. According to Ali Martinez, Solana recorded an average of 9.5 million new addresses per day over the past week, a…

Follow the Roman Space Telescope’s journey with NASA’s online tracker

Abigail Avery2 months ago03 mins

As the new Nancy Grace Roman Space Telescope heads for deep space, the public can follow its three‑month trip in near-real time with NASA‘s online tracker. The spacecraft launched on Sunday, Aug. 30, from Cape Canaveral, Florida, on a SpaceX Falcon Heavy rocket. It’s now cruising on its own toward its final orbit about 1…

Crypto

Tectonic’s $75M exploit was not an oracle failure, RedStone co-founder says

Adam Forsyth2 months ago07 mins

RedStone has said Tectonic’s estimated $75 million exploit resulted from weak collateral controls rather than an inaccurate oracle after TONIC’s reported price rose about 100-fold in 20 minutes. Summary An onchain researcher estimated that the Tectonic exploit affected about $75 million. TONIC’s reported price increased roughly 100 times before the token was supplied as collateral….

Sonos Ace Ultra, Beam Ultra, Sonos Fabric, and a New App: Everything Sonos Just Announced

Abigail Avery2 months ago03 mins

Sonos has a new app. Stop me if you’ve heard this one before. The smart speaker company, long a darling of the audio industry, undid much of the goodwill it earned with its multiroom speakers through a bevy of software updates that broke its app in 2024. Almost all app users hated it, citing the…

Trump Jr. Adds Another $300M Into Polymarket’s $21B Funding Round

Joseph Rees2 months ago03 mins

Key Takeaways Trump Jr.’s 1789 Capital previously invested $200 million in Polymarket before this new $300M round. The new round would value Polymarket at $21 billion, up from a fraction of that in 2025. Rival Kalshi already hit a $22 billion valuation in May after its own $1B raise. Doubling Down, Again This isn’t 1789…

Bitcoin’s Korea Premium Flips Positive After Its Longest Losing Streak

Adam Forsyth2 months ago03 mins

South Korean investors appear to be returning to Bitcoin as the Korea Premium turns positive following its longest negative period. Bitcoin rose 25% in August, its strongest monthly gain since November 2024. The asset briefly crossed $80,000 last week but has since settled near $78,000. The rally, nonetheless, has renewed interest among retail players…