Crypto exchange and company news
BitGo gathers 70+ Taiwanese institutions to discuss digital asset liquidity
Why it matters: Growing institutional participation by Taiwanese banks could increase capital inflows into the region's crypto market.
Metaplanet's largest shareholder sells $32 million in shares
Why it matters: Metaplanet is one of the largest corporate bitcoin holders, and the sell-off by a key shareholder weighs on its stock and could weaken its BTC accumulation strategy.
Binance launches realized perp slippage metric for perpetual futures
Why it matters: The tool will let traders more accurately assess execution costs and adjust strategies in a volatile market.
Korean exchange Korbit rebrands as Digital X
Why it matters: The rebranding of a major Korean exchange does not affect client assets, but requires caution due to phishing risk on the new domain.
ADX and DFNS to build wallet and tokenization infrastructure
Why it matters: A major Middle Eastern exchange is building a foundation for tokenized securities, reinforcing the institutional trend toward RWA.
Ex-Bridgewater chief of staff Collin McKinney Hill becomes Polymarket COO
Why it matters: The strengthening of Polymarket's management team comes amid growth in the prediction market and regulatory pressure in the U.S.
KuCoin Earn to delist TURBO and COOKIE from Sept. 16
Why it matters: The Earn delisting reduces available yield on these tokens and could increase selling pressure from deposit holders.
Ripple expands college sports sponsorship with XRP logo on jerseys and arenas
Why it matters: It broadens XRP brand recognition among a mass audience but does not create real demand for the token.
Strive CEO: bitcoin companies' pay should be tied to outperforming BTC
Why it matters: It sets a corporate governance standard for bitcoin treasury companies and signals a new class of yield-bearing BTC products.
Liquid Compute raises $15M, files with CFTC to trade compute contracts
Why it matters: A regulated market for compute contracts could become a new asset class at the intersection of crypto and AI infrastructure.
Binance: bStocks surpass $500M in assets under management
Why it matters: The growth of bStocks shows demand for the exchange's tokenized products, but there are no specific timelines or details on the new features.
Robinhood to Add Voting Rights and 1:1 Exchange for Tokenized Shares
Why it matters: Expanding tokenized-share holder rights could accelerate institutional adoption of RWA tokenization and reduce platforms' legal risks.
CoinEx to shut down after 9 years on falling revenue, rising compliance costs
Why it matters: The exit of CoinEx, BitMEX and AscendEX deepens liquidity concentration on the top five exchanges and pressures smaller players.
Cipher Digital receives 3.2 GW of conditional ERCOT capacity in Texas
Why it matters: Cipher is accelerating its shift from mining to AI/HPC infrastructure, expanding its energy portfolio in Texas.
Grayscale launches model crypto portfolios: XRP gets 26%, bitcoin excluded from Next Gen
Why it matters: Grayscale's model portfolios set a benchmark for advisor allocations, and the high XRP weight without bitcoin signals a bet on altcoins.
Revolut obtains banking license in Colombia
Why it matters: Revolut's expansion in Latin America intensifies competition among crypto-friendly neobanks in the region.
Binance: AI systems prevented $4.6 billion in user losses
Why it matters: Stronger protection could boost user trust and give Binance an edge in meeting regulatory requirements.
Hyperliquid may launch perpetual futures for U.S. clients
Why it matters: Entering the U.S. market would expand Hyperliquid's audience, but the outcome hinges on regulatory approval — a key factor for the HYPE price.
BitMine shares fall 10.08% to $23.19
Why it matters: The sharp drop in shares of a major ETH treasury reflects pressure on crypto equities and investor sentiment around ETH.
Coinbase shares fall 10.12% to $172.07
Why it matters: The sharp drop in shares of the largest crypto exchange reflects pressure on the crypto sector and investor sentiment.