Headlines

Former US Rep. George Santos Banned From Kalshi for Life After Betting on Himself

Kalshi is permanently cutting off George Santos after investigating trades that allegedly exploited his ability to influence the outcome of event contracts. Prediction-market exchange Kalshi has permanently banned former US Rep. George Santos from accessing the platform after its Compliance Department found “reasonable cause to believe” that he engaged in insider trading and market…

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SEC proposes transfer agent overhaul for tokenized securities

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,…

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

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….

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Predict.fun rolls out self-service developer dashboard

Predict.fun has launched a self-service developer dashboard that lets builders create applications, generate API keys, monitor usage and manage rate limits from one interface. Summary Developers can create Predict.fun applications and generate API keys without opening a manual support request. The dashboard displays API usage and lets developers request higher usage-based rate-limit tiers. Existing API…

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New Important Ripple (XRP) Partnership Targets Banks and Institutional Clients

The partnership gives institutions a unified system to issue, custody and manage digital assets. The offering has launched in Asia, but further expansion is planned as institutional demand grows. Ripple Labs and SettleMint have announced a strategic partnership that plugs Ripple Custody into SettleMint’s Digital Asset Lifecycle Platform (DALP), giving regulated financial institutions a…

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Senate vote approaches, ETF inflows break historical records, holders explore cloud mining daily deturns exceeding $10,000

ETF inflows have broken the historical record of $1.66 billion, while XRP prices continue to decline amid market volatility. UE Crypto has launched a new cloud mining smart contract, and its return mechanism has attracted significant attention from XRP holders. Summary On August 31, XRP prices fluctuated between $1.37 and $1.39, declining by 2% over…

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