Crypto World
Traders Make a September Rate Increase the Favorite as Bitcoin Holds $78,000
Prediction market traders now put a Federal Reserve rate increase ahead of a hold for the September meeting, after Chair Kevin Warsh told the Jackson Hole symposium on Friday that this summer's inflation readings had not convinced him underlying trends were improving. Bitcoin has given back less… Read the full story at The Defiant
Nvidia is in talks to back the much-awaited Anthropic IPO (initial public offering) with as much as $10 billion. The money would help the artificial intelligence company chase the largest stock market debut on record.
Reuters reported the talks on Friday. Anthropic is seeking up to $100 billion at a valuation near $2 trillion, and neither company has confirmed those figures.
What Beating SpaceX Actually Takes
SpaceX set the record in June. It raised $75 billion at roughly $1.8 trillion. The stock then closed 19% higher on day one, one of the biggest IPO returns ever.
Anthropic has to clear both marks. Its $100 billion target beats the raise, and $2 trillion beats the valuation. The record falls if the deal prices as reported.
That pricing is the hard part. An anchor investor agrees to buy a large block of shares before a listing opens. That early order tells other buyers the price is credible.
Nvidia’s $10 billion would cover roughly a tenth of the raise. The chipmaker committed the same amount in November 2025. It also guarantees Nvidia’s $105 billion backstop on AI data center leases.
Traders Already Price Anthropic Above SpaceX
Nineteen exchanges now list pre-IPO perpetual futures on Anthropic. These contracts let traders bet on what a private company is worth before it lists. Kraken, Coinbase and Binance all offer them.
Those contracts implied an average valuation of $1.94 trillion at the start of September, according to CoinGecko. That already sits above the $1.8 trillion SpaceX carried at pricing.
Polymarket lets users bet real money on future events. There, traders give the IPO only 67% odds of completing by October 31.
Those odds reach 85% by November 15 and 90% by year end, across $2.89 million in volume. The market expects the record to fall, just not necessarily before the midterm elections.
Anthropic filed confidentially in June and still has to publish its prospectus.
The post Nvidia Could Make Anthropic IPO Bigger than SpaceX With $10 Billion appeared first on BeInCrypto.
Crypto World
SpaceX-Tesla Merger Could Make Elon Musk The Big Winner. What It May Mean For Other Stockholders.
Uncharacteristically, Elon Musk was demurring. He had just been asked the question everybody in the room wanted to ask, yet knew he wouldn’t answer. “Is there a time when you could see putting these companies (SpaceX (SPCX) and Tesla (TSLA)) together and just running one big company?” former Forbes editor-in-chief Randall Lane asked Musk during an award ceremony in May.…
Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8
BitMine Immersion Technologies said in its latest staking disclosure that it had 5,067,309 ETH staked as of Aug. 30, a position it valued at $12.7 billion using an ETH price of $2,511. The reported staked balance was unchanged from Aug. 9 through Aug. 30. BitMine separately said it acquired 53,501… Read the full story at The Defiant
Ontology stopped producing blocks on its mainnet on Aug. 31 after developers flagged a potential security concern during a daily check, freezing onchain transactions while the network’s technical team and validators conduct an emergency review. The chain’s official explorer listed block 20,770,893… Read the full story at The Defiant
A memecoin built around the short interest in Hims & Hers Health has absorbed more than half of the tokenized shares of the company on Robinhood Chain, and with that float locked away the tokenized stock printed four and a half times the price of the actual equity over the weekend. Robinhood's… Read the full story at The Defiant
At Geneva’s Onchain Leaders Gathering, BeInCrypto moderated a discussion on the infrastructure needed to bring capital markets onchain. Experts from Zama, G-20 Group, Blobb.io, and Rex Change argued that tokenization now faces a harder test of making onchain markets liquid, private, compliant, and genuinely useful for institutions.
Nasdaq and LSEG are pushing stocks onto blockchain rails. A recent viral fight on social media over AMC tokens shows why the infrastructure underneath them now matters more than the token itself.
Wall Street’s Tokenization Race Accelerated This Week.
Nasdaq agreed to invest $100 million in Kraken parent Payward to develop infrastructure for tokenized equities. Days earlier, London Stock Exchange Group partnered with Payward on tokenized UK shares and a planned 24-hour trading venue.
Yet the harder question is already emerging: What exactly happens when stocks move onchain?
This was the central talking point of “The New Financial Stack,” a panel moderated by BeInCrypto at the Onchain Leaders Gathering in Geneva on September 8.
Florent Gabriel of Blobb.io, Jonathan Mathai of G-20 Group, Antoine Hello of Zama, and François Meurier of Rex Change discussed the barriers institutions still face across infrastructure, liquidity, confidentiality, and market access.
“True enterprise adoption happens when we move beyond isolated proofs-of-concept,” said Antoine Hello, Director of Financial Institutions at Zama, which develops confidential blockchain infrastructure for financial institutions.
Ahead of the event, Hello argued that institutions need public blockchain infrastructure capable of handling real volume while protecting sensitive financial information.
François Meurier framed the challenge more directly.
“Not in theory but how it works in practice. We do this every day,” said Meurier, Founder and Managing Director of Rex Change, a Geneva-based regulated crypto exchange and OTC service.
A Parallel Stock Market Is Already Forming
The market is no longer tiny enough to ignore. RWA.xyz tracked $2.91 billion in distributed tokenized stocks and $13.31 billion in monthly transfer volume as of September 10. More than 3.17 million addresses held these assets.
However, growth is uneven. Holder numbers jumped 174% over 30 days, while monthly transfer volume dropped almost 53%. That gap matters if institutions expect deep, reliable markets rather than simply more tokens.
Tokenizing a Stock Does Not Solve the Stock Market
AMC has already exposed another problem: ownership.
CEO Adam Aron attacked Robinhood after it offered tokenized exposure to AMC without the company’s approval. The products track the stock, but holders do not own AMC shares or receive normal shareholder rights. Robinhood CEO Vlad Tenev has defended the structure, arguing that companies cannot control every third-party financial product referencing their shares.
The World Federation of Exchanges has gone further, calling some third-party tokenized equities “mimics” and warning that they could weaken investor protections and market integrity.
That tension also surfaced elsewhere in Geneva.
“We’re very much in production now,” said Diana-Cezara Toader, Head of Digital Assets at UBS Asset Management, during a separate panel on moving tokenization from pilots into live markets. She pointed to liquidity, common infrastructure and regulation as remaining barriers to wider adoption.
Francesco Ranieri Fabracci reduced the problem to one sentence.
“To tokenize something, you need to make the token useful,” said Fabracci, Head of Tokenization Expansion at Tether, where he works on Hadron, the company’s platform for bringing real-world assets onchain.
Nasdaq and LSEG suggest Wall Street is ready to test that idea at scale.
Now the infrastructure has to prove that an onchain stock can deliver the liquidity, privacy and investor rights that made the original stock useful in the first place.
The post Wall Street’s Tokenized Stock Rush Is Getting Messy appeared first on BeInCrypto.
Hyperliquid Labs is in advanced talks with Payward, Kraken’s parent company, about bringing its perpetual futures to U.S. traders, Bloomberg reported on Aug. 31, citing people who were not authorized to discuss the matter. According to the report, a deal would require regulatory sign-off and would… Read the full story at The Defiant
Sam Bankman-Fried asked the U.S. Supreme Court on Thursday to overturn his fraud conviction stemming from the collapse of FTX, following high-profile pardons of Silk Road founder Ross Ulbricht and Binance co-founder CZ.
He is serving a 25-year prison sentence following his 2023 conviction, and his lawyers are also challenging an approximately $11Bn forfeiture.
The justices must first decide whether to hear the case. The court receives thousands of such requests each year and agrees to hear arguments in about 60 cases.
What Does the Petition from Sam Bankman-Fried Actually Challenge?
The petition challenges key parts of the case against Bankman-Fried, including the conviction and the forfeiture order.
- The conviction: His lawyers argue the trial court improperly prevented him from presenting evidence about whether FTX customers ultimately recovered their money.
- The forfeiture order: The defense argues that the roughly $11 billion forfeiture is excessive under the Eighth Amendment.
- A separate pardon application: Online records from the Office of the Pardon Attorney list Bankman-Fried’s request for a pardon from President Trump as pending.
Bankman-Fried was convicted on seven counts of fraud and conspiracy after a monthlong federal jury trial. In June, a three-judge panel of the U.S. Court of Appeals for the Second Circuit affirmed the judgment.
The appellate court described the case as involving the cryptocurrency exchange FTX and Alameda Research, the cryptocurrency trading firm that Bankman-Fried operated and controlled.
Earn $50 and Enter $300K Prize Draw on EdgeX
What are SBF’s Lawyers Saying?
His lawyers have argued that FTX and Alameda held sufficient assets to repay customers and that the court’s limits on evidence about those assets deprived him of a fair trial. The petition points to FTX’s bankruptcy plan, under which virtually all creditors were promised cash payments, including interest, to recover their losses.
Federal prosecutors have maintained that FTX customers were defrauded through Bankman-Fried’s handling of their money, including the misappropriation of billions of dollars in customer funds. The Second Circuit said the government’s trial theory was that Bankman-Fried promised customers their funds would be secure on the platform and used only for cryptocurrency transactions, but transferred customer funds to Alameda and elsewhere for unauthorized purposes. The court affirmed the district court’s judgment.
Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
From Billionaire to Defendant: The Story of Sam Bankman-Fried
Bankman-Fried founded FTX in 2019 and grew it into one of the world’s largest crypto exchanges. The company’s growth brought him wealth and public prominence, and he became one of the world’s youngest billionaires and a top Democratic donor.
FTX collapsed in 2022 after a run on deposits forced the firm into bankruptcy. Bankman-Fried was arrested later that year in the Bahamas, where he had been living, and was extradited to the United States to face trial. The Second Circuit’s account states that FTX filed for bankruptcy in November 2022 after it could not meet customer withdrawal requests.
Bankman-Fried has maintained his innocence. Prosecutors characterized the case as one of the largest financial frauds in history and alleged that he stole billions of dollars from FTX customers while presenting himself as a responsible philanthropist.
What Happens Next
The Supreme Court has not indicated whether it will take up Bankman-Fried’s petition. Its decision on whether to hear the case will determine whether the challenge receives further consideration.
The pending pardon application is a separate matter from the Supreme Court petition. The Office of the Pardon Attorney, a division of the Justice Department, lists the application as a request for a pardon after completion of sentence and marks it as pending.
Discover: The Best Token Presales
The post FTX Founder Sam Bankman-Fried Takes Fraud Conviction to Supreme Court appeared first on Cryptonews.
Robinhood Chain generated more revenue for the applications running on it than Ethereum did over the past 24 hours, two months after the network went live. The chain Robinhood built to trade tokenized stocks now earns most of its application revenue from memecoin speculation. The ranking also rests… Read the full story at The Defiant
A limited number of Greenberg Traurig documents have appeared on the dark web after an unauthorized actor accessed them, the international law firm has said.
Summary
- Greenberg Traurig said an unauthorized actor accessed and posted a limited number of documents.
- BakerHostetler handled nearly 60 cyber incidents involving law firms in 2025, according to Reuters.
- Other firms have reported breaches involving client identity and health information.
- Crypto wallet providers have also reported customer-data leaks and phishing attacks through outside service providers.
Reuters reported on Sep. 10 that Greenberg Traurig had confirmed the unauthorized access and dark web posting. The firm described the number of documents as limited. The supplied account does not identify what the documents contained or say how many people, if any, were affected.
The disclosure comes after other law firms reported unauthorized access to systems holding personal information. The incidents did not all involve the same type of data or method of attack, but several exposed records that firms kept for clients and others who dealt with them.
Law firm breach reports include identity and health records
In March, Taft Stettinius & Hollister detected unusual activity on one of its systems, according to Reuters. The incident exposed the client’s Social Security numbers. Reuters also reported that London-based Herbert Smith Freehills Kramer disclosed unauthorized access in May involving Social Security numbers, government identification numbers, and health records.
A separate alleged breach at WilmerHale in May led to a proposed class action in July. The lawsuit concerns the alleged exposure of information held by the firm; the filing of a proposed class action does not establish the allegations as fact.
Goodwin Procter disclosed another incident on Aug. 7. Later that month, Quinn Emanuel said a social-engineering attack had compromised one account and exposed files stored in it. In a social-engineering attack, the attacker uses deception to gain information or access, rather than necessarily breaking into a system through a software flaw.
The affected records also differ from case to case. Greenberg Traurig has described documents posted on the dark web, while the reports about Taft and Herbert Smith Freehills Kramer identify particular categories of personal data. Quinn Emanuel’s disclosure concerns files accessible through a compromised account. The available details do not establish that the Greenberg Traurig documents contained the same kinds of information reported in the other incidents.
Cyber incident data shows the scale of the problem
Reuters said BakerHostetler handled nearly 60 cybersecurity incidents involving law firms in 2025, almost twice the number it handled in 2024. The figure describes matters handled by BakerHostetler, not a count of every breach at a law firm during either year.
In its 2026 incident-response report, BakerHostetler analyzed more than 1,250 data security incidents across industries in 2025. Phishing was the leading identified cause, accounting for 30% of incidents. The firm said outside vendors were the cause in 25% of the matters it analyzed.
The report also tracked what happened after incidents were disclosed. BakerHostetler said class actions were filed in 14% of incidents in 2025, up from 9% in 2024. Among the incidents in its dataset that were disclosed, lawsuits followed 68 of 482 in 2025, compared with 51 of 518 in the previous year.
BakerHostetler’s figures cover clients across several industries, so they should not be read as rates specific to law firms. Its report placed business and professional services behind health care and finance and insurance among the sectors represented in the incidents it handled.
Crypto customer data has also been exposed through service providers
For U.S. crypto customers, a separate set of disclosures shows how personal details can be exposed even when a company says its users’ funds or wallet credentials were not accessed.
In May 2025, U.S. exchange Coinbase disclosed that criminals had bribed overseas support agents to obtain customer information. The breach affected 69,461 users and included names, addresses, phone numbers, and images of government IDs. Coinbase said passwords, private keys, and customer funds were not compromised. The exchange rejected a $20 million ransom demand and offered a reward of the same amount for information leading to the attackers’ arrest and conviction.
Hardware wallet companies have reported incidents involving firms that process orders or send customer messages. In January, Ledger said unauthorized access to e-commerce partner Global-e had exposed order information belonging to some people who bought products through Ledger.com. A Ledger spokesperson told Decrypt that the accessed information was held in Global-e’s systems and included data related to purchases for which Global-e acted as the merchant of record.
In August, SafePal said a flaw in an order-tracking plug-in exposed information belonging to about 39,798 customers. The records included names, email addresses, shipping addresses, phone numbers, and purchase details. SafePal said the incident did not affect wallet credentials or payment information; it also said it had fixed the flaw and notified affected customers.
Trezor has reported two distinct incidents involving outside providers. As previously covered by crypto.news, the wallet maker said information belonging to more than 80,000 customers was exposed through shipping provider ShipMonk. Trezor said its own systems, hardware wallets, private keys, and recovery phrases were not compromised. Its expanded disclosure included records belonging to about 67,000 additional U.S. customers who had placed orders between November 2019 and August 2021.
On Sep. 9, Trezor warned that an attacker had breached its third-party email provider and sent phishing messages posing as urgent security alerts. The emails falsely claimed that a hardware flaw put users’ recovery phrases at risk. Trezor said it had taken down the domain used in the attempt and was investigating. BitBox warned users the same day about emails impersonating its company and said its newsletter provider was likely compromised.
Earlier in 2026, scammers also sent physical letters posing as notices from Trezor and Ledger. The wallet phishing letters directed recipients to scan QR codes and enter their recovery phrases on malicious websites. Trezor and Ledger said they do not ask users to share recovery phrases through websites or other outside channels.
Nvidia Could Make Anthropic IPO Bigger than SpaceX With $10 Billion
India vs Afghanistan 1st T20I: Delhi Traffic Police issue advisory amid BRICS Summit | Cricket News
The iPhone Duo feels like what happens when smartphones run out of ideas
Memory prices are slowing because buyers ran out of money
Micron Stock Climbs Above $1,031 as AI Memory Crunch and a $50 Billion Outlook Fuel the Rally
AMD Stock Climbs After Management Lifts 2027 Data Center Outlook Toward $70 Billion in AI Sales
-
Tech4 days ago
Memory prices are slowing because buyers ran out of money
-
Business2 days agoMicron Stock Climbs Above $1,031 as AI Memory Crunch and a $50 Billion Outlook Fuel the Rally
-
Business2 days agoAMD Stock Climbs After Management Lifts 2027 Data Center Outlook Toward $70 Billion in AI Sales
-
Crypto World3 days agoBitcoin price risks $76K drop as $78K support weakens
-
Crypto World4 days agoRobinhood Stock: How To Take Advantage With Reduced Risk
-
Crypto World3 days agoEthereum price stalls below $2,500 as ADX drops to 11
-
NewsBeat4 days agoEngland up in reading, maths and science rankings as Scotland and Wales dip
-
Crypto World2 days agoOKX launches 10x OpenAI, Anthropic X-Perps in Europe
-
Crypto World2 days ago2 Chip Stocks Broke Out This Week. Neither Was Nvidia
-
Crypto World4 days agoIntel Stock Jumps 9% on Chip Price Hike Report, US Stake Gains $36 Billion
-
NewsBeat4 days agoWhat went right this week: an ‘historic’ fall in violent crime, plus more
-
Crypto World3 days agoBitcoin price risks $70K if $78K neckline breaks
-
Business3 days agoMeta debuts long-awaited personal AI agent, Muse
-
Fashion19 hours agoWeekend Open Thread – Corporette.com
-
Crypto World3 days agoBitcoin price holds near $79K as cycle drawdowns narrow
-
Crypto World2 days ago
Ethereum Price Analysis: Consolidation at $2.5K Tests Momentum as On-Chain Activity Surges
-
Crypto World1 day agoDiesel Tops $6 a Gallon for the First Time as 28 States Set Records
-
Crypto World4 days agoPump Fun and Kraken delete Hunter Biden $LAPTOP promotion
-
Sports4 days agoPhones confiscated, players sent home: Pakistan’s England tour turmoil revives memories of Mohammad Amir, Salman Butt and Mohammad Asif’s 2010 Lord’s spot-fixing scandal | Cricket News
-
Crypto World4 days agoBrent Crude Oil Moves Above $100 for the First Time in 3 Months
You must be logged in to post a comment Login