Market news
Stocks and crypto headlines from Alpaca. Stored for 7 days. Total: 3829.
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Why XRP's Best Q3 in 4 Years Will Not Save Bulls This OctoberDespite a massive +48.1% surge last quarter, price history shows XRP always hits a painful speed bump in so-called "Uptober".
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Mark Zuckerberg Loses Nearly $9 Billion in One Day as Meta Stock Slides 4% After Goldman Questions AI Spending PayoffMeta stock fell 4%, wiping nearly $9 billion from Zuckerberg’s wealth after Goldman Sachs warned AI spending faces a massive revenue hurdle.
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Trump Declares ‘America Is Back’ as New Fuel Economy Standards ‘Terminate’ Biden-Era ‘EV Mandate’: ‘Big Day for American Auto Workers’Trump says new fuel economy standards end Biden-era EV mandates, lower car costs and boost U.S. auto production and jobs.
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Google tests direct purchases from Flipkart through Gemini in IndiaGoogle's integration of direct purchases via Gemini in India could revolutionize e-commerce by streamlining transactions and enhancing user convenience. The post Google tests direct purchases from Flipkart through Gemini in India appeared first on Crypto Briefing .
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Anthropic valuation hits $965B amid AI safety focus, IPO speculation: WSJAnthropic's focus on AI safety and effective altruism could reshape industry priorities, influencing investor confidence and market dynamics. The post Anthropic valuation hits $965B amid AI safety focus, IPO speculation: WSJ appeared first on Crypto Briefing .
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Trump plans new AI Force, seeks AI czar to lead initiativeTrump's AI initiative could reshape tech policy, influencing global AI governance and sparking debates on ethical and strategic AI use. The post Trump plans new AI Force, seeks AI czar to lead initiative appeared first on Crypto Briefing .
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Pump Fun sells 47,994 SOL for $6M as cumulative liquidations approach $850MPump.fun's systematic SOL liquidations highlight the volatility and potential market impact of large-scale token sales in the crypto ecosystem. The post Pump Fun sells 47,994 SOL for $6M as cumulative liquidations approach $850M appeared first on Crypto Briefing .
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Bitget Raises Hack Estimate To $387.5M And Sets Withdrawal Restart PlanTL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying vulnerability has been identified and remediated. Withdrawals are scheduled to return in stages beginning with Bitcoin on September 28 and continuing through October 2. Bitget has published a substantial update on this week’s security breach, increasing the confirmed amount transferred to attacker-controlled wallets and laying out a timetable for restoring withdrawals. The exchange now puts the affected assets at approximately $387.5 million, up from its initial estimate of $351.6 million. Bitget says the change reflects additional assets identified during transaction tracing rather than a second wave of unauthorized transfers. The Vulnerability Has Been Patched, Bitget Says According to the exchange, its security team has now identified the attack path and the method used to bypass existing controls. Bitget says the underlying vulnerability has been remediated and that no further unauthorized transfers are possible. Independent teams from Mandiant and SlowMist are participating in the investigation. The revised loss estimate includes assets across multiple networks, including Ethereum and other EVM chains, XRP Ledger, Zcash and TRON. Bitget has also launched a recovery bounty program. Eligible parties whose voluntary actions directly result in funds being frozen or recovered can receive a bounty calculated as a percentage of the assets secured. The exchange says some funds have already been frozen through coordination with industry partners. Withdrawals Will Return In Stages Bitget plans to reopen withdrawals gradually rather than turning everything back on at once. Bitcoin withdrawals are scheduled to resume first on September 28. Ether withdrawals across several supported networks are expected to follow on September 29, with USDT withdrawals scheduled for September 30. Other tokens, fiat services and peer-to-peer withdrawals are planned to return by October 2. That timetable is now one of the most important operational tests following the breach. Bitget has maintained that customer account balances remain intact and that its protection arrangements cover the financial impact. Restoring withdrawals is where users get to test that assurance in practice. The new $387.5 million figure also makes this a materially different story from the initial breach report. The incident itself has already been confirmed. Now the focus is shifting to remediation, asset recovery and whether the exchange can reopen normally without creating another security problem. For Bitget, containing the attack was step one. Getting customers their withdrawal access back is the next one. This article was written by the News Desk and edited by Samuel Rae.
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Socure Brings AI Identity Checks To Circle’s Arc OnrampTL;DR Socure has integrated its RiskOS identity and fraud platform into the Arc Onramp experience. The system is designed to verify users and make fraud decisions as they move from fiat currency into USDC through applications built on Arc. The integration adds a compliance layer to Circle’s institution-focused blockchain without moving identity data directly into a public transaction flow. Circle’s Arc ecosystem is adding identity infrastructure from Socure as financial applications begin building fiat-to-stablecoin onboarding directly into the network. Socure says its RiskOS platform is being used for identity verification and fraud prevention inside the Arc Onramp experience. That gives developers another piece of the infrastructure required to move users from conventional financial accounts into USDC without treating compliance as a separate manual process. The Onramp Needs To Know Who Is Coming In Arc is designed around financial applications rather than anonymous crypto experimentation. That creates a straightforward problem. A payment company or regulated institution may want blockchain settlement, but it still needs to know who its customers are and whether a transaction presents fraud or compliance risk. Socure’s software sits in that onboarding layer. RiskOS combines identity verification with risk decisioning, allowing an application to evaluate a user before fiat is converted into USDC and moved through the Arc ecosystem. Socure says its broader platform is used across financial services, government, gaming and other industries. Integrating those tools into a blockchain onramp is an example of traditional fintech infrastructure meeting crypto rails rather than one replacing the other. Public Blockchains Still Need Private Identity Systems The integration highlights an awkward reality around institutional blockchain adoption. Open networks are useful because assets can move between applications without every participant sharing the same internal database. Identity data cannot work the same way. Banks and regulated financial companies generally cannot put sensitive personal information into a public ledger and call the problem solved. Instead, identity verification needs to happen offchain while the resulting permissions and transactions can move through the blockchain layer. That is the role Socure is trying to fill. Arc itself is not new this week, but the RiskOS integration is. It joins a growing collection of infrastructure aimed at making stablecoin applications feel less like crypto products and more like ordinary financial services. For end users, the ideal outcome is probably that most of this remains invisible. They verify their identity, fund an application and receive USDC. Behind that simple interaction sits exactly the kind of compliance and fraud machinery blockchain applications increasingly need if they want mainstream financial users. This article was written by the News Desk and edited by Samuel Rae.
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California faces scrutiny over economic woes amid wealth tax debateCalifornia's economic struggles and political dynamics could significantly impact public opinion and policy decisions, affecting future governance. The post California faces scrutiny over economic woes amid wealth tax debate appeared first on Crypto Briefing .
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OpenAI and Anthropic slash prices in aggressive push against open source AI modelsThe aggressive price cuts by OpenAI and Anthropic could reshape the AI landscape, challenging open source viability and intensifying global competition. The post OpenAI and Anthropic slash prices in aggressive push against open source AI models appeared first on Crypto Briefing .
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Mantle Says Tokenized Asset Count Has Jumped From 71 To 1,473 This YearTL;DR Mantle says the number of tokenized assets on its network has climbed to 1,473 from 71 at the start of 2026. Distributed Asset Value has reached about $476 million, up roughly 110% over the past 30 days. The network now hosts tokenized equities, ETFs, stablecoins and other real-world assets from several major issuers. Mantle is reporting a sharp acceleration in its tokenized-asset business, with both the number of assets on the network and their distributed value reaching new highs. The network says 1,473 tokenized assets are now represented across its infrastructure, compared with just 71 at the beginning of 2026. Distributed Asset Value has reached approximately $476.1 million. The Asset Count Has Grown More Than Twentyfold The jump is larger than a normal month-to-month TVL story. Mantle’s tokenized-asset count has increased more than twentyfold since January. The network also says Distributed Asset Value has risen about 110% during the past 30 days. That measure covers assets distributed through the ecosystem rather than simply the value locked inside a single DeFi application. Mantle points to a growing range of products behind the increase, including tokenized stocks and ETFs, regulated stablecoins and yield-bearing assets. Issuers and infrastructure providers associated with the ecosystem include xStocks, Securitize, Ethena and Paxos. The mix matters because the tokenization market is moving beyond a small collection of Treasury products. Equities, funds, stablecoins and structured products are increasingly being issued through the same blockchain infrastructure. Distribution Is Becoming As Important As Issuance Tokenization initially focused heavily on issuance. The question was whether a regulated financial asset could be represented legally and technically on a public blockchain. That problem is increasingly being solved. The harder question is what happens after the token exists. It needs liquidity, distribution, collateral use, settlement infrastructure and applications willing to integrate it. Mantle has been positioning itself around that second stage. The network wants to connect issuers with exchanges, custodians, market makers and DeFi protocols rather than simply count how many assets have been minted. The $476 million figure remains small compared with conventional securities markets. But the pace of growth is notable. Moving from 71 tokenized assets to 1,473 in less than a year suggests the ecosystem is becoming meaningfully broader rather than relying on one or two large products. Tokenized finance is beginning to resemble an actual market rather than a collection of experiments. Mantle is betting that the networks able to distribute those assets will capture as much value as the companies issuing them. This article was written by the News Desk and edited by Samuel Rae.
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US Charges Man After Crypto Scam Wallets Received More Than $53MTL;DR U.S. prosecutors have charged a Vietnamese national with money laundering tied to alleged cryptocurrency “pig butchering” schemes. Prosecutors say wallets controlled by the defendant received roughly $53.3 million linked to fraud schemes targeting U.S. victims. One victim allegedly transferred about $16 million after being directed to a fake crypto investment platform. U.S. prosecutors have charged a Vietnamese national over an alleged cryptocurrency fraud network that moved more than $53 million through wallets connected to “pig butchering” scams. Trung Nguyen Van, 37, faces two money-laundering counts in the Western District of Missouri following an appearance in federal court in Los Angeles. The charges are allegations and have not been proven at trial. One Victim Allegedly Lost About $16M According to the U.S. Attorney’s Office, the case grew from an investigation into a victim who believed they were investing through a cryptocurrency platform called Triangle. Prosecutors say the victim transferred approximately $16 million in crypto during the summer of 2024 after developing trust with people involved in the scheme. The victim was eventually unable to withdraw the supposed investment. Investigators then connected the recipient infrastructure with other suspicious wallets and reports from additional U.S. victims who described similar experiences. Authorities say crypto wallets controlled by Van received approximately $53.3 million in assets linked to wire-fraud schemes and subsequently transferred roughly $53.2 million onward. The complaint alleges those transactions were part of laundering funds obtained through fraud. Crypto Makes The Money Movable, But Also Traceable Pig-butchering schemes generally involve scammers cultivating a relationship with a victim over time before directing them toward a fake investment opportunity. Crypto is often used because large amounts can be moved quickly across borders without relying on a conventional bank transfer. The same blockchain records can later become evidence. Wallet addresses, transaction histories and transfers between exchanges can give investigators a trail that is difficult to erase completely. That does not make recovering funds easy. Assets can move through multiple wallets, bridges, privacy tools and exchanges before law enforcement knows an incident has occurred. The Department of Justice says the FBI investigated the case. Van is presumed innocent unless proven guilty, and the criminal complaint itself is not evidence of guilt. Still, the numbers illustrate the scale these fraud networks can reach. A single victim allegedly lost around $16 million. The wallets prosecutors say were connected to the defendant handled more than three times that amount. Crypto scams have become increasingly industrialized. The law-enforcement response is becoming more blockchain-native too. This article was written by the News Desk and edited by Samuel Rae.
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Michael Saylor Wants Bitcoin Inside Banks and a $100 Trillion Digital Asset IndustryMichael Saylor wants banks to hold and lend against Bitcoin, and says digital assets could become a $100 trillion industry. The post Michael Saylor Wants Bitcoin Inside Banks and a $100 Trillion Digital Asset Industry appeared first on BeInCrypto .
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River Exchange sues Canadian Bitcoin miner for $6.7M over unpaid refundsThis lawsuit highlights ongoing cross-border tensions in the Bitcoin mining sector, potentially affecting future US-Canada business relations. The post River Exchange sues Canadian Bitcoin miner for $6.7M over unpaid refunds appeared first on Crypto Briefing .
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Blockchain Association CEO Summer Mersinger To Step Down In OctoberTL;DR Blockchain Association CEO Summer Mersinger will step down on October 16 and remain as an adviser through the end of 2026. Founding leader Kristin Smith will return as interim CEO from October 17. The leadership change comes during an unusually active period for U.S. digital-asset legislation and regulation. One of Washington’s most influential crypto trade groups is changing leadership. Blockchain Association announced that CEO Summer Mersinger will step down on October 16, with former chief executive and founding leader Kristin Smith returning as interim CEO the following day. Mersinger will remain as an adviser through the end of the year to assist with the transition. Kristin Smith Is Going Back To The Organization She Built Smith was Blockchain Association’s first employee when the group launched in 2018. She subsequently served as chief executive until 2025, growing the organization into one of the crypto industry’s most visible lobbying and policy groups in Washington. Mersinger took over in June 2025 after serving as a commissioner at the Commodity Futures Trading Commission. Her tenure coincided with a period of rapid change in U.S. digital-asset policy, including new stablecoin legislation and increasingly detailed guidance from federal regulators. Blockchain Association credited Mersinger with helping steer the organization through those developments and with increasing its engagement with lawmakers and agencies. Smith currently also serves as president of the Solana Policy Institute. The Association says she will take the interim role as it begins the process of identifying its next permanent chief executive. Crypto Policy Has Moved From Defense To Rulemaking The leadership change arrives at an interesting point for the industry. For years, much of crypto lobbying in Washington was defensive. Trade groups spent significant resources arguing against enforcement-led regulation and trying to persuade lawmakers that digital assets needed a bespoke framework. That conversation has shifted. Stablecoin legislation has moved forward, regulators are publishing increasingly granular guidance and Congress has spent much of the year debating broader market-structure legislation. The industry is no longer only arguing about whether crypto should have rules. It is fighting over what those rules should say. That changes the job of a major trade association. The next Blockchain Association CEO will inherit debates around securities classification, DeFi, tokenization, prediction markets, stablecoins and the dividing lines between the SEC and CFTC. Mersinger is not leaving immediately, and Smith’s appointment is explicitly interim. But the handover puts one of crypto’s longest-serving Washington policy figures back in charge at a moment when regulatory decisions are likely to shape the industry for years rather than months. This article was written by the News Desk and edited by Samuel Rae.
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TrendForce forecasts global data center power demand to hit 161 GW in 2026Rising data center power demand may strain global grids, potentially increasing electricity costs and impacting broader energy infrastructure. The post TrendForce forecasts global data center power demand to hit 161 GW in 2026 appeared first on Crypto Briefing .
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SEC clears regulatory hurdle as crypto token buybacks hit record $638 millionCrypto projects spent about $638 million with token buybacks through late August 2026, according to Allium Labs data. That is already a record, up from $545 million over the same stretch of 2025. Hyperliquid accounted for roughly $370 million and Pump.fun for about $200 million, together close to 90% of the total. On Sept. 25, […] The post SEC clears regulatory hurdle as crypto token buybacks hit record $638 million appeared first on CryptoSlate .
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Micron Stock Clears Key Resistance as Analysts Predict 352% Revenue SurgeMicron stock has cleared a crucial resistance level as traders focus on its upcoming earnings, with the average estimate being a 352% revenue surge.
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KelpDAO Sues LayerZero Over $292M rsETH Bridge ExploitTL;DR Evercrest Technologies, the company behind KelpDAO, has filed a civil claim against LayerZero entities and co-founder Bryan Pellegrino. The lawsuit concerns the April exploit that drained 116,500 rsETH, worth about $292 million at the time. KelpDAO alleges LayerZero reviewed and endorsed the bridge configuration later blamed for the attack; those claims have not been proven in court. The company behind KelpDAO has taken its dispute with LayerZero into court, filing a civil claim over the April bridge exploit that cost the restaking protocol roughly $292 million. Evercrest Technologies filed the case in the Supreme Court of British Columbia against LayerZero Labs Ltd., LayerZero Labs Canada Inc. and co-founder Bryan Pellegrino. The allegations include negligence, negligent misrepresentation and defamation. The Dispute Centers On A 1-of-1 Security Configuration The underlying exploit involved 116,500 rsETH moved through a bridge connecting KelpDAO infrastructure with Unichain. At the time of the attack, the assets were worth approximately $292 million. A major point of disagreement since then has been the bridge’s security configuration. KelpDAO alleges LayerZero reviewed and endorsed a setup using a single Decentralized Verifier Network, or DVN, rather than warning the project that the configuration created a dangerous single point of failure. The lawsuit further alleges that LayerZero later blamed KelpDAO for using that design. Those are allegations from Evercrest’s court filing. LayerZero has not been found liable, and the filing does not establish that its account of the events is correct. That distinction is especially important in a dispute where the technical responsibility for a bridge failure is itself part of the case. Bridge Security Is Becoming A Legal Question Too Cross-chain security failures have typically been treated as technical incidents. A bridge gets exploited, investigators trace the funds, developers patch the vulnerability and protocols argue over who configured what. The KelpDAO case could push that discussion into a different arena. If infrastructure providers review or recommend security configurations used by third-party applications, courts may eventually have to decide what responsibility comes with that advice. That has implications well beyond KelpDAO and LayerZero. Interoperability systems depend on protocols integrating software and trust assumptions they did not design entirely themselves. When hundreds of millions of dollars move through those systems, disagreements about who understood the risk can quickly become more than engineering disputes. For now, the lawsuit marks the beginning of that process rather than the conclusion. The exploit happened in April. The fight over who bears responsibility for it is only now moving into court. This article was written by the News Desk and edited by Samuel Rae.