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Franklin Templeton brings tokenized US government fund to HashKey

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Franklin Templeton brings tokenized US government fund to HashKey

Franklin Templeton has expanded access to its tokenized U.S. government money market fund in Asia through a new distribution partnership with Hong Kong-licensed HashKey Exchange.

Summary

  • Franklin Templeton has partnered with HashKey Exchange to distribute its tokenized U.S. government liquidity fund.
  • The fund is available through HashKey Exchange’s Earn channel to professional investors in Hong Kong.
  • The product mainly invests in U.S. government money market instruments and U.S. dollar cash assets.
  • Franklin Templeton and HashKey plan to explore additional tokenized products across multiple markets.

HashKey Holdings said on Aug. 24 that its licensed trading platform has added the Franklin OnChain U.S. Government Liquidity Fund, known as grBENJI, to the HashKey Exchange Earn channel, giving eligible digital asset investors access to the product through blockchain-based infrastructure.

The fund invests mainly in U.S. government money market instruments and U.S. dollar cash assets. Access in Hong Kong is restricted to professional investors, and the product cannot be offered to the general public, according to HashKey.

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The arrangement gives Franklin Templeton another distribution channel for its tokenized investment products in Asia while adding an established asset manager’s money market product to HashKey’s regulated investment platform.

Chetan Karkhanis, Franklin Templeton’s senior vice president of digital assets client engagement, said the listing gives the firm access to HashKey’s digital banking, wealth management and institutional client base.

“We are excited to launch our tokenized money market fund on the HashKey Exchange platform,” Karkhanis said, adding that blockchain technology provides investors with “enhanced transparency, security, accessibility, speed, and cost efficiency.”

Franklin Templeton plans more tokenized products with HashKey

Following the grBENJI rollout, Franklin Templeton and HashKey plan to explore additional tokenized investment products and asset classes across several markets.

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Karkhanis said the companies expect to expand their relationship past money market funds, using HashKey’s operations in Hong Kong, Singapore, Tokyo, Dubai and Bermuda as potential distribution points.

“We look forward to deepening this partnership by expanding beyond tokenized money market funds into other tokenized products over time,” he said.

HashKey Exchange BG CEO Haiyang Ru said the addition of grBENJI responds to institutional demand for compliant yield products backed by real-world assets. He described the partnership as a way to combine traditional investment products with regulated digital asset infrastructure.

HashKey Exchange operates under Hong Kong’s Securities and Futures Commission with Type 1 and Type 7 licenses under the Securities and Futures Ordinance, along with a license under the Anti-Money Laundering Ordinance, according to the company. HashKey said it does not provide services to users in mainland China, the United States and certain other jurisdictions.

The exchange has previously worked on regulated tokenized securities in Hong Kong. In June 2025, HashKey Chain and GF Securities Hong Kong launched GF Token, a security issued, recorded and managed on-chain, with HashKey Exchange serving as one of its distribution channels for qualified investors.

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Franklin Templeton has expanded its Asia tokenization business

The HashKey deal follows Franklin Templeton’s earlier introduction of a tokenized money market product in Hong Kong.

In November 2025, crypto.news reported the Hong Kong launch of the Franklin OnChain U.S. Government Money Fund, which gave institutional and accredited investors access to short-term U.S. government debt.

The fund had been registered in Luxembourg and was launched in Hong Kong with support from HSBC and digital asset platform OSL. At the time, Franklin Templeton’s APAC head Tariq Ahmad said the asset manager also planned to pursue a version that could eventually be offered to retail investors, subject to approval from the Hong Kong Securities and Futures Commission.

Franklin Templeton has continued adding distribution and trading routes for its tokenized products during 2026.

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In June, the asset manager added BENJI to MoonPay, allowing institutional users to swap stablecoins including USDC and USDT for the tokenized money market product through MoonPay Trade’s on-chain system.

Days later, Franklin Templeton completed its acquisition of 250 Digital, creating a new Franklin Crypto division that combined the acquired firm’s investment team and strategies with Franklin Templeton’s existing digital asset operations.

The June report put Franklin Templeton’s assets under management at $1.78 trillion and said RWA.xyz data showed the firm’s tokenized assets had increased from about $768 million in June 2025 to more than $2.5 billion within a year.

HashKey’s latest announcement put Franklin Templeton’s total assets under management at $1.80 trillion as of July 31, with operations spanning more than 35 countries.

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Tokenized funds are moving into more distribution channels

Franklin Templeton has also used partnerships with blockchain and financial technology companies to place traditional investment products inside crypto-native systems.

Through a partnership with Ondo Finance, the asset manager introduced tokenized ETFs designed to trade around the clock through crypto wallets. The product lineup covered U.S. equities, fixed income and gold for eligible non-U.S. investors across Asia-Pacific, Europe, the Middle East and Latin America.

Franklin Templeton has separately worked with Binance on an institutional collateral structure that lets clients use tokenized money market fund shares as collateral for crypto trading while keeping the underlying assets with regulated custodians.

Demand for tokenized government debt has increased alongside that institutional activity. RWA.xyz data cited in the supplied report showed the total value of tokenized real-world assets at $38.2 billion as of Aug. 23, compared with $20.6 billion one year earlier.

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Tokenized U.S. Treasury debt accounted for about $15.6 billion of that total, making government securities one of the largest categories within the on-chain RWA market.

For HashKey, grBENJI adds another yield-bearing product to its Earn channel while extending an existing focus on tokenized financial instruments. Franklin Templeton said the two companies will continue assessing additional tokenized products following the Aug. 24 launch.

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EUR/AUD: A Hawkish Euro Meets a Stubborn Downtrend

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EUR/AUD: A Hawkish Euro Meets a Stubborn Downtrend

The euro is riding genuine hawkish momentum right now. It’s holding above $1.165 against the dollar, its strongest level since mid-May, with markets fully pricing in an ECB hike in September following June’s initial tightening move. That conviction is backed by real data: German Q2 GDP was revised up to 0.3% growth, and August business activity showed clear improvement, especially in German manufacturing. Elevated energy prices from the ongoing Middle East conflict remain the ECB’s main concern, keeping the door open to more than 40 bp of additional tightening priced in for this year alone.

The Aussie, meanwhile, is stuck in a genuinely tricky spot. The RBA delivered a hawkish hold on August 11, with Governor Bullock confirming the bank would “raise rates again if needed”, but that resolve hasn’t translated into currency strength. RBA Deputy Governor Andrew Hauser reinforced the hawkish tone this week, flagging the Middle East conflict, the AI investment boom, and weak productivity as key upside inflation risks, yet the AUD has still underperformed most major peers, caught between domestic hawkishness and a broader risk backdrop it can’t fully control.

The result: an ECB gaining real traction on its hawkish pivot, against an RBA talking tough but struggling to make it stick.

Technical Analysis of EUR/AUD

As the EUR/AUD chart shows, the pair remains capped by a broader descending trendline from late June’s highs near 1.6600, with price recently breaking below the 1.6300 support and testing a steeper short-term descending trendline. Adding intrigue to the setup, the RSI is forming a bullish divergence, printing higher lows even as price carved out a fresh low this week.

Bullish Scenario

Should buyers break above this short-term descending trendline, the divergence would gain real technical credibility, opening the path toward a retest of the 1.6300–1.6350 area, where the 50-period EMA also sits. A confirmed break above that zone and the broader trendline from June would shift the structure meaningfully, with scope to challenge the 1.6400–1.6450 resistance.

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Bearish Scenario

Conversely, a continued rejection at the short-term trendline would keep sellers in control, invalidating the divergence and exposing fresh lows below the current 1.6255 level, with the broader downtrend from June’s highs remaining firmly intact.

With price testing a fresh low right as the RSI quietly hints at fading downside momentum, EUR/AUD looks poised for a decisive reaction. Will the euro’s hawkish momentum finally show up on the chart, or will the Aussie’s resilience keep this downtrend alive?

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Bitcoin (BTC) Slips Below $80,000 As Rally Cools

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Crypto Breaking News

Bitcoin (BTC) fell below $80,000 after its latest rally ran into resistance around the $81,000 level. The flagship cryptocurrency reached an intraday high of $81,265 on Tuesday before losing momentum and closing the day at $78,526. BTC is marginally up during the ongoing session.

Traders and market watchers are assessing whether the latest rally is the beginning of a sustained rally. The rally has taken the price into overbought territory, prompting some traders to take profits.

Bitcoin Cools After $81,000 Test

According to TradingView data, BTC reached an intraday high of $79,500 on Friday, but declined on Saturday, dropping 1.62% to $77,054. Selling pressure persisted on Sunday as BTC fell to a low of $75,538. However, it rebounded to reclaim $77,000 and settle at $77,729. Price action remained positive on Monday, rising 1.61% to $78,981. BTC crossed $80,000 on Tuesday and reached an intraday high of $81,265. However, it failed to sustain momentum and pulled back below $80,000 to $78,526. The flagship cryptocurrency is up 0.73% during the ongoing session, trading around $79,100.

The drop back below $80,000 comes after BTC broke out of its trading range, reclaimed key levels within a few sessions, and reached $80,000. However, it could not overcome heavy selling pressure around $81,000.

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Weaker Dollar, ETF Inflows Drive Rally

BTC’s rally was supported by several factors, including a weaker dollar following the US Treasury’s announcement to double bond buybacks, and sustained ETF inflows. According to CoinGlass data, Bitcoin ETFs recorded $337.60 million in inflows on Monday and $314.30 million on Tuesday, extending their inflow streak to seven days. BlackRock’s IBIT and Fidelity’s FBTC have recorded the most inflows, with ARKB, BITB, and HODL also recording fresh inflows. Solana and XRP ETFs have also recorded fresh inflows of $33.49 million and $13.82 million, respectively.

Liquidity in crypto has also improved, with USDT supply increasing by $2.2 billion over the past week. USDC supply also increased by $1.8 billion, while RLUSD added $300 million, according to data from RWA.xyz.

Is Bitcoin At Risk Of A Deeper Pullback?

Meanwhile, BTC’s Relative Strength Index (RSI) crossed 80, indicating overbought conditions. While an overbought RSI does not confirm a reversal, it shows that the price has increased rapidly compared to recent trading history. An overbought RSI increases the likelihood of traders booking profits and pushing the price into a consolidation phase. Despite the pullback, BTC is trading above key levels on the daily chart, including the 200-day SMA. BTC’s four-hour chart suggests the rally retains momentum, with the average directional index at 56, significantly above the 25 threshold. However, the ADX has eased following the initial breakout. Bull Bear Power, while positive, has also fallen significantly from levels recorded earlier in the rally.

Analyst Ted Pillows stated in an X post that BTC had developed a bearish divergence on the four-hour chart, adding that the price could correct towards the $72,000-$74,000 zone. Bitcoin’s liquidity heatmap shows liquidity clusters around $78,000, $77,500, and $77,200. There is also substantial liquidity between $79,700 and $80,500, while larger clusters sit between $81,000 and $82,000.

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Bitcoin Must Reclaim $80,000

Analyst Daan Crypto Trades noted that BTC had reached the upper boundary of a broader trading range, but had not fully tested May’s $83,000 high. According to the analyst, BTC must stay above $80,000 to confirm a bullish scenario. The analyst identified the $77,500-$78,000 area as a key level. A break below these levels could see BTC drop towards $75,000.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Revolut Launches Bridge EURR Euro Stablecoin in 3 EEA Markets

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Crypto Breaking News

Revolut has started rolling out its first stablecoin, EURR, a euro-pegged token, to a limited set of customers in Denmark, Poland and Portugal. The rollout is expected to broaden to additional European Economic Area (EEA) markets later this year, depending on product, operational and regulatory readiness.

The company said EURR is issued by Bridge Building S.A., the Luxembourg-based entity behind Bridge’s stablecoin infrastructure. Revolut will integrate the token into its retail app and plans to support transfers across multiple blockchain networks, including sending funds to external wallets.

Key takeaways

  • Revolut is launching EURR first in Denmark, Poland and Portugal, with expansion to other EEA markets later in 2026.
  • EURR is issued by Bridge Building S.A. and is designed to target parity with one euro under EU MiCA-compliant reserves.
  • Ethereum is the initial network, with external wallet transfers available immediately for select customers as liquidity builds.
  • The move aligns with Revolut withdrawing Tether’s USDt from the EEA and Switzerland, with remaining USDT balances slated for conversion after Aug. 31.
  • Revolut says EURR is an initial step toward a wider stablecoin strategy, including tokens in other currencies via separate regulatory pathways.

A targeted European rollout

In a Wednesday announcement shared with Cointelegraph, Revolut described EURR’s launch as phased. The first phase focuses on Denmark, Poland and Portugal—choices the firm tied to market size and customer reach.

According to a Revolut spokesperson, about 2 million customers will be involved in the initial rollout, and additional EEA markets will be added later in the year subject to readiness across product development, operations, and regulatory requirements. The phased approach suggests Revolut wants to validate user demand and operational flow before scaling across more jurisdictions with potentially different implementation details.

What EURR is and how it will work in the app

EURR is intended to maintain a value of one euro and is backed by reserves held and managed by Bridge in line with the EU’s MiCA stablecoin rules. Revolut Digital Assets Europe is offering the token.

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Inside the app, Revolut said it will support EURR integration from launch and intends to enable users to transfer the token to external wallets. For the initial phase, the stablecoin will launch on Ethereum.

Revolut also outlined timing for external transfers: wallet transfers will be available immediately for select customers, with broader access to follow “as liquidity builds.” The company indicated that Revolut’s standard crypto trading and remittance limits will apply to activity involving the token. At the same time, it said fiat transactions related to stablecoin usage will carry no fees or spreads.

For users and traders, those parameters matter because they affect how easily customers can move between euro-denominated value in stablecoins and traditional fiat rails, especially if external wallet support is intended for broader on-chain usage rather than only in-app balances.

MiCA compliance and the shift away from USDt

The EURR launch arrives as Revolut changes its stablecoin lineup in Europe. Cointelegraph previously reported that Revolut is withdrawing Tether’s USDt from the EEA and Switzerland, following regulatory concerns. Revolut said remaining USDT balances would be converted into customers’ base currencies after Aug. 31.

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By introducing a MiCA-compliant alternative, Revolut is effectively replacing USDt with an internally supported, EU-regulated path for euro-denominated stablecoin exposure. That could reduce friction for customers who want stable value tied to the euro, especially in markets where stablecoins are increasingly being shaped by local compliance expectations.

From an investor and builder perspective, the change also underscores how European stablecoin offerings are fragmenting. Instead of a single global stablecoin filling every role, platforms are moving toward region-specific, regulation-aligned tokens that can be supported within their products without requiring users to navigate more complex compliance or conversion mechanics.

Beyond EURR: other currencies in the works

Revolut framed EURR as the first step in a broader stablecoin strategy. The company said it is developing stablecoins denominated in other currencies, but through separate regulatory pathways. Revolut did not specify which currencies it is pursuing.

That gap in details leaves room for interpretation. It signals that while the product direction is clear—multiple currency stablecoins—the regulatory route may differ depending on the target currency, reserve structure, and applicable frameworks. For users, this matters because each additional stablecoin may come with its own integration timeline, network support, and transfer or limit rules.

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Revolut’s approach also highlights a broader tension in the stablecoin market: stablecoins are not just technical instruments, but also regulatory products. As MiCA continues to shape which tokens can be marketed and distributed across the EU/EEA, issuers and wallet platforms are likely to expand only once operational readiness and legal acceptance are aligned.

What to watch next

As Revolut expands EURR beyond Denmark, Poland and Portugal, the key variables to monitor will be how quickly access broadens across additional EEA markets, whether liquidity improves in tandem with wallet transfer availability, and what specific currencies—if any—Revolut’s next stablecoin steps will target under its stated separate regulatory pathways.

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Revolut Launches Euro Stablecoin in Three European Markets

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Crypto Breaking News

Revolut has started rolling out its first stablecoin, EURR, a euro-pegged token, to selected customers in Denmark, Poland, and Portugal. The company says the rollout will broaden across additional European Economic Area (EEA) markets later in 2026, provided product, operational, and regulatory requirements are met.

The move arrives as Revolut continues to reshape its stablecoin offering in Europe. According to Revolut’s earlier messaging, it is withdrawing Tether’s USDT from the EEA and Switzerland, with remaining USDT balances to be converted into customers’ base currencies after Aug. 31.

Key takeaways

  • Revolut’s euro-pegged stablecoin EURR is launching first in Denmark, Poland, and Portugal before expanding to more EEA markets later this year.
  • EURR is issued by Bridge Building S.A., the Luxembourg entity within Bridge’s stablecoin infrastructure network that is owned by Stripe.
  • Revolut plans to integrate EURR into its retail app, with support for multiple blockchain networks and external wallet transfers.
  • EURR is positioned as MiCA-compliant and backed by reserves managed by Bridge in line with EU rules.
  • The launch coincides with Revolut’s exit from USDT in the EEA and Switzerland.

A euro stablecoin debuts in the Revolut app

Revolut told Cointelegraph that EURR is being introduced to a limited group of users as part of a phased program. The initial countries—Denmark, Poland, and Portugal—were chosen, the company said, for their market size, with about 2 million customers included in the first rollout.

In its integration plan, Revolut said EURR will be available inside the retail app, with the ability to transfer to external wallets. The company also indicated that it intends to support multiple blockchain networks, though the first rollout focuses on an initial deployment rather than offering every network immediately.

MiCA compliance and issuance structure

EURR is designed to hold a value of one euro, with backing that Revolut says is held and managed by Bridge under the Markets in Crypto-Assets (MiCA) framework.

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Issuance responsibility sits with Bridge Building S.A., a Luxembourg-based entity connected to Bridge’s stablecoin infrastructure. Revolut Digital Assets Europe is the entity offering the token to users as part of the product rollout.

For users, the practical implication of this structure is that Revolut is aiming to offer a regulated stablecoin option aligned with EU rules—at a time when providers across the region are increasingly required to fit within MiCA’s stablecoin regime.

External transfers and app features from day one

Revolut’s spokesperson said the token will initially launch on Ethereum as part of the phased rollout. External wallet transfers are scheduled to be available immediately for select customers, with broader access dependent on liquidity growth.

The company also outlined how customer costs and limits will work. Revolut said its standard crypto trading and remittance limits apply to EURR, while fiat transactions related to the offering will carry no fees or spreads.

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From an execution standpoint, this matters for everyday users because external wallet functionality often determines whether a stablecoin can be used beyond custodial in-app balances. Revolut’s approach—starting with Ethereum and expanding later as liquidity builds—suggests a controlled launch designed to limit operational friction while the token’s availability ramps up.

Replacing USDT in Europe

EURR’s launch also marks a shift in Revolut’s broader stablecoin positioning. In earlier coverage from Cointelegraph, Revolut said it would withdraw Tether’s USDt from the EEA and Switzerland. The company previously stated that any remaining USDT balances would be converted into customers’ base currencies after Aug. 31.

As a result, EURR functions not only as a new product feature, but as part of an attempt to maintain stablecoin exposure for Revolut customers while aligning with evolving regulatory and compliance requirements. The timing—rolling out a MiCA-oriented euro stablecoin as USDT availability is reduced—underscores how stablecoin availability in Europe is increasingly being shaped by the intersection of regulation, issuer readiness, and platform-level requirements.

Revolut framed EURR as the first step in a broader strategy, adding that it is developing tokens denominated in other currencies through separate regulatory pathways. The company did not specify which currencies those future tokens would target.

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What to watch next

Revolut’s phased expansion across additional EEA markets will be the next major checkpoint for users, alongside how quickly EURR liquidity grows and unlocks wider external wallet transfers. With the token launching on Ethereum first, market participants will also be watching whether and when Revolut broadens support across additional networks, as well as how Revolut manages ongoing transitions away from USDT in the region.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Creators pump and dump Dolly Parton memecoins

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Creators pump and dump Dolly Parton memecoins

Yesterday, the crypto community decided to commemorate the life of country music star Dolly Parton by pumping and dumping memecoins using her name and photos.

Her nephew announced her passing on Tuesday afternoon. Within minutes, unauthorized Solana memecoins bearing her likeness were trading on at least a dozen trading pairs across crypto markets.

Crypto influencers have a concerning history of turning real-world deaths into trading opportunities, including memecoins created after the death of Hulk Hogan, Ozzy Osbourne, Charlie Kirk, Charlie Munger, Henry Kissinger, Liam Payne, and others.

Creators mint most memecoins on Pump Fun, a Solana-based launchpad that lets anyone create a tradable token for less than $100 within minutes.

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Chart of $DOLLY (RIP Dolly Parton) memecoin, August 25, 2026. Source: TradingView

Xxxxxx

Neither Parton, her family, Dollywood, or her estate have discussed any crypto projects.

All memecoins, including RIP Dolly Parton, DollyParton, Dollar Parton, and Dolly, are unauthorized creations by third parties and most crashed within minutes of their creation.

Despite millions of dollars in combined trading volume, most of these assets had collapsed to market capitalizations of a few thousand dollars by yesterday evening.

None of these tokens have any utility or connection to Parton or her charitable causes. Their value exists only as long as the holder can sell it to someone else.

Parton’s only sanctioned blockchain venture was “Dollyverse,” a 2022 SXSW Web3 experience and NFT drop built with Fox Entertainment’s Blockchain Creative Labs on Eluvio.

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Read more: Charlie Kirk’s killing turned into memecoin spectacle

Pay your respects with an ICO

Because minting costs are negligible and bonding curve mechanisms let a token go from $0 to a live, tradable market in the time it takes to fill out a form, memecoin launchpads have become the most popular way to conduct an initial coin offering. 

Protos has previously documented that over 99.99% of the 1.7 million memecoins launched on PumpFun never sustained even a $1 million market capitalization.

A CoinGecko analysis of over 18.6 million token launches found that more than two-thirds of all PumpFun tokens stop trading the same day they launch.

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Kalshi’s $1.5B equity offering is three-quarters sold at $1.12B

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Kalshi’s $1.5B equity offering is three-quarters sold at $1.12B

Kalshi’s $1.5B equity offering is three-quarters sold at $1.12B

The Form D lists 71 investors and says Kalshi is relying on an exemption that allows certain private offerings without SEC registration.

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Why Did the XRP Price Rally Beat Every Top-10 Coin Without an Altcoin Season?

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XRP 7-Day Top-10 Leaderboard

XRP gained 43.7% in the seven days to August 26, the strongest run in the top 10 by market cap. Three separate demand channels fed the XRP price rally, and none of them was a simple futures squeeze.

ETF desks, Korean spot traders, and Binance’s largest futures accounts all showed up at once. BeInCrypto traced each channel through data frozen on August 26, with exchange snapshots taken at press time.

XRP Price Rally Outran the Top 10 Inside Bitcoin Season

XRP’s 43.7% weekly gain led every top-10 asset at the August 26 snapshot. Hyperliquid (HYPE) followed at 40.6%, while Ethereum added 28.6% and Bitcoin 22.6%.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

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The seven-day XRP price rally window matters here. Over 30 days, HYPE still led XRP by 37.1% to 29.8%, so the leadership claim belongs to the past week alone.

XRP 7-Day Top-10 Leaderboard
XRP 7-Day Top-10 Leaderboard: BeInCrypto

Meanwhile, the wider market never left Bitcoin Season, the stretch where Bitcoin outpaces most altcoins. Bitcoin dominance stood at 59.3%, and the Altcoin Season Index read 40 of 100.

Bitcoin Season Regime Card
Bitcoin Season Regime Card: BeInCrypto

XRP’s run was therefore asset-specific strength, not the front edge of a broad altcoin season. That makes the source of the buying the real question.

XRP ETF Inflows and Korean Turnover Ran Hot at the Same Time

US spot XRP ETFs booked six straight positive sessions from August 18 to 25, per SoSoValue. The $77.47 million streak peaked on August 25 with a $23.87 million daily print, extending a stretch where ETFs kept drawing cash even while the token traded far below its highs.

Total net assets climbed from $941.41 million to $1.46 billion over those sessions. However, that jump includes price appreciation, so net inflows remain the cleaner demand measure. The streak also stayed small against XRP’s roughly $90.65 billion market cap.

Six-Session XRP ETF Inflows
Six-Session XRP ETF Inflows: SoSoValue

Korean activity peaked alongside the ETF streak. XRP ranked first of 286 Upbit won markets at 06:49 UTC on August 26, with 16.3% of all won-denominated turnover, echoing the earlier wall of Korean bids that met the token’s long downtrend.

Korea XRP Turnover and Premium
Korea XRP Turnover and Premium: BeInCrypto

Upbit’s price sat within 0.1% of Bybit’s after currency adjustment, so the activity created no local premium. The flat premium shows Korea traded heavily without overpaying, signaling broad participation rather than an isolated local buying frenzy.

Derivatives desks tell the third part of the story.

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Binance Data Suggests Resilience, Not a Confirmed XRP Whale Bet

Binance’s top-trader position ratio rose 3.8% over seven days to 2.24 as of 07:13 UTC on August 26. Meanwhile, the all-account ratio fell 27.7%, and the share of top accounts holding longs dropped 33.5%.

Read together, the two moves point one way. Most of the market, including many top-tier accounts, cut long bets during the pullback. Yet the total value of top-trader longs still grew.

That suggests the biggest accounts kept buying, or at least held their ground, while everyone around them retreated. Such behavior reads as quiet conviction at the top, a constructive sign for the rally’s staying power.

What it does not confirm is whale accumulation. Binance ranks top traders by margin balance, not proven skill, and they can hedge elsewhere. Conviction here is suggested, not proven.

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Binance Top-Trader Divergence Chart
Binance Top-Trader Divergence Chart: BeInCrypto

Open interest fell 8.9% in 24 hours yet held 12.9% higher over the week, with funding at just 0.01%. Traders unwound short-term leverage without abandoning the weekly build-up.

Binance Open Interest Reset
Binance Open Interest Reset: BeInCrypto

Each channel remains reversible. ETF flows can flip negative, Korean depth can fade within minutes, and the divergence still scores neutral. Breadth, not price, will decide whether this proves a rally worth trusting.

Analyst’s View: The test in the coming sessions is the order in which things fade, not the exact price. Spot channels usually go first. If the ETF streak breaks, or XRP’s share of Upbit trading starts shrinking from 16.3%, the rally is losing its base.

The derivatives side works the other way. If Korea starts paying a real premium and funding climbs past 0.05%, buyers are chasing rather than accumulating. But if the broader Binance crowd turns long again while the big accounts stay put, the move still has strength.

The post Why Did the XRP Price Rally Beat Every Top-10 Coin Without an Altcoin Season? appeared first on BeInCrypto.

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BetFury and Pragmatic Play Release New Slot: BetFury Sugar Rush 1000

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[PRESS RELEASE – Willemstad, Curaçao, August 26th, 2026]

On August 26, the leading crypto casino BetFury launched a new title – BetFury Sugar Rush 1000. This game is a new version of Pragmatic Play’s high-volatility slot. It is another result of BetFury’s cooperation with one of the biggest iGaming providers, bringing the crypto casino’s visual identity to a proven game while keeping the mechanics players already trust.

BetFury Introduces Sugar Rush 1000 as Its Latest Branded Slot

Sugar Rush 1000 is among the most-played online slots on BetFury, popular with both regular users and VIP club members. Pragmatic Play built it as an upgrade to the original Sugar Rush, lifting the maximum win from 5,000x to 25,000x and raising the multiplier ceiling per grid position from 128x to 1,024x. That mix of a high win cap and compounding multipliers keeps the game in steady rotation across the community, which made it the natural pick for a branded version.

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BetFury Sugar Rush 1000 Features and Gameplay

BetFury Sugar Rush 1000 keeps every mechanic of the original and changes only the design. The title runs at the 96.53% RTP and retains the full feature set:

  • 7×7 grid with Cluster Pays – wins form from five or more connected matching symbols.
  • Tumble feature (Cascading reels) – clears winning clusters and drops new symbols into the chain for further crypto wins.
  • Multiplier Spots – build up as symbols are removed from the same position.
  • Bonus Game – triggered by 3 to 7 scatters, awarding 10 to 30 Free Spins.
  • Bonus Buy – gives direct access to the feature round.

Thus, players get the same math and volatility they know, now wrapped in BetFury’s own look.

“Sugar Rush 1000 was already one of the games our users return to most, so creating such a game was a decision the community made for us,” said Mike, CEO of BetFury. “Pragmatic Play has been one of our closest partners for years, and this release is a direct product of that work.”

BetFury Sugar Rush 1000 shows what these collaborations are built for a high-performing crypto game delivered under the operator’s brand, with the mechanics players’ trust kept fully intact.

About BetFury

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BetFury is a leading crypto casino with 3.5M registered players and $11.5B wagered, founded in 2019. The platform offers over 13,000 games, 24 Original games with RTP up to 99.28%, and 80+ sports for betting with odds higher than the market average. Beyond gaming, BetFury provides a full suite of crypto tools: Crypto Staking with up to 60% APR, Futures, Crypto Swap, etc. Moreover, it has a BFG Staking for accumulating more native tokens or collecting payouts in BFG or USDT. BetFury continuously evolves based on user feedback and is committed to responsible gambling practices. Learn more at betfury.com.

The post BetFury and Pragmatic Play Release New Slot: BetFury Sugar Rush 1000 appeared first on CryptoPotato.

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Why I Stopped Fighting AI in My Classroom and Started Teaching With It

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Why I Stopped Fighting AI in My Classroom and Started Teaching With It

At a recent academic retreat I attended, the air was thick with what I can only call educational gaslighting. A panel of graduate and undergraduate students looked a room full of professors in the eye and claimed they only used AI to verify their work because they valued learning too much to take shortcuts. Minutes later, when the answers were blind, those same students estimated that over 80% of their peers were using the technology for nearly everything.

As an engineering professor at the University of Michigan, I believe we need to move past the fear and hype. The future job market will not be dominated by autonomous AI, but by experts who have mastered their field so thoroughly that they can use it to multiply their output exponentially. 

But how do we help students become experts if they don’t show up? 

This question precedes the LLM onslaught. Since the pandemic, traditional lecture attendance has cratered, but active learning has been shown to significantly improve both turnout and long-term retention

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By evolving my courses to embrace this data, I’ve seen attendance surge, even in the freeze of a Michigan winter. 

Flipping the lecture cycle

Classically, engineering courses default to hours of lectures where students are expected to take notes, with problem sets and exams bolted on. Many students treat a lecture as passive entertainment. And, often, the material is so technical that it is disconnected from real-world use, leading to even less engagement and retention. 

To break this cycle, I’ve flipped my classroom. Each week, I assign a 2-hour recorded video lecture, along with a related article. The assignments are made in Perusall, an AI-enabled tool that treats the video and article a bit like a social network. Students are graded based on their active engagement with the material, such as how much of the lecture they view, what questions and comments they leave in the system, and so on. I can monitor which students leave comments, answer peer questions, and engage with the material before they ever set foot in my classroom. And if they try to cut and paste comments in multiple locations, the system flags them. It does not yet flag comments that seem AI-generated, but I expect that will be coming soon.

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With everyone primed to dig in, only one-third of my students’ time with me is devoted to classic lecturing. I offer a one-hour live lecture and invite industry guests to share stories of computer vision in the wild. Then my students spend the rest of our in-person time participating in small breakout sessions, a large group discussion, and an in-person quiz. Not only do they grade their own quizzes, but they only get credit for an answer if one of them argues the logic behind it.

The result? My students show up to class because the value is no longer in the information I provide—it’s in the friction and growth of live exchange.

This fall, I’m taking this a step further. We won’t just read technical papers; we will debate them. Anyone can be called to the front of the room to spontaneously argue one side of a research argument, which means every student must come prepared.

By moving the passive learning to the home and continuously pushing students to test their knowledge, I’ve reclaimed the classroom to create what AI cannot replicate: spontaneous, high-stakes human interaction.

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Using AI as a supercharged tutor

As we try to understand how AI can help and hinder learning, the most dangerous misconception is that it is a labor-saving device for the mind. In reality, AI is an expertise-amplifier that can turn weeks of manual programming into a few hours of focused work. But for a novice, relying on AI before mastering the fundamentals creates a technical debt that leads to a lack of depth.

As someone at the forefront of AI research and creation, I don’t coach my students to avoid it, but rather I use it as a sophisticated, one-on-one tutor that facilitates active learning and helps them grow their expertise. This means moving beyond passive consumption and toward a rigorous, iterative process of trial, error, and refinement.

Some best practices I share with my students include:

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Mastery-First Workflow: Solve problems manually first. Then use AI to check your work and identify where your logic diverges from the model.

AI as a Problem-Generator: One of the most effective ways to learn is through constant testing. Use AI to generate new practice problems and engage in active learning.

Brain Dump Standard: Never ask AI to write from scratch. Instead, provide a brain dump of ideas and structure. After the AI helps organize your expertise, personally refine it through meticulous review or even rewrite, if necessary.

Redefining the honor code in the age of AI

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I am not an AI police officer. I cannot—and should not—spend my academic career hunting for digital shortcuts in my students’ work. I can only set the boundaries and allow them to choose how they show up. 

Amid the promise of AI to supercharge the work of experts, we must treat this technology with the same proactive mastery we apply to any other essential tool of modern life. 

By shifting the focus to high-stakes, spontaneous human interaction and leveraging AI for active learning rather than trusting it to do the work, educators can ensure that the knowledge lives within the student, not just the model.

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Live updates: Zcash pulls back 8% as its Grayscale ETF goes live, capping a 60% rally

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Live updates: Zcash pulls back 8% as its Grayscale ETF goes live, capping a 60% rally


The privacy coin’s spot ETF began NYSE trading Tuesday, which was one of the catalysts behind its surge to an eight-year high. Now traders are selling the news, with leverage stacked into the move.

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