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Robinhood Crypto Chain’s $146M Tokenized-Stock Bet Faces Its First Fee Test

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Robinhood crypto chain had attracted $146 million in tradeable tokenized stocks, just weeks before the free-gas promotion that helped support early activity was set to expire on Sept. 29. The key question is how activity changes once wallet users begin paying transaction fees that Robinhood had covered following the chain’s July 1 launch.

An activity that appears strong while transactions are free may weaken when users must bear network costs directly. Robinhood Chain has not yet faced that test without the subsidy.

Our analyst says some network activity will likely evaporate when the free ride ends. It also identifies recovery within a few months as a bullish sign for retention rather than an effect of the subsidy alone.

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The Tokenized Crypto Stock Surge Is Real on Robinhood, but Not Yet Proven Durable

Robinhood Chain’s early figures have moved quickly against established networks. Robinhood and BNB Chain together handled about 88.2% of tokenized-stock trading on decentralized exchanges in early September, up from 2.3% in June. The shift occurred within a single quarter.

Robinhood crypto chain holds $146 million in tokenized stocks, but activity after the Sept. 29 gas subsidy ends will test its growth.

BNB Chain still holds a much larger absolute balance in tokenized stocks, at about $1 billion compared with Robinhood’s $146 million. Over the 30 days ending Sept. 18, BNB Chain experienced $181 million in tokenized-asset outflows, including assets other than stocks, while Robinhood saw $156 million in inflows.

However, if recent flows continue, Robinhood could pass BNB Chain in tokenized equities within a couple of quarters. The same report noted that Base, Coinbase’s layer 2 network, held $7.5 million in tokenized stocks.

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Robinhood reported 28.4 million funded customers in the second quarter of 2026, providing a large existing customer base for new products. But a large customer base and sustained on-chain usage are different measures, and the end of the gas subsidy will offer a clearer indication of whether early activity persists.

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A Strategic Bet, Not Yet a Major Revenue Engine

Robinhood’s cryptocurrency revenue declined 38% year over year to $100 million in the second quarter of 2026, while total net revenue was $1.31 billion, according to the company’s second-quarter results. Crypto, therefore, represented about 7.6% of quarterly revenue.

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Event-contract revenue was $156 million during the same quarter. Robinhood Chain launched after the quarter ended, so its activity was not reflected in those quarterly results.

The chain is an Ethereum layer 2 network built with Arbitrum technology, and its transactions settle on Ethereum. Fees are paid in Ethereum’s coin. Robinhood’s stock is a way for investors to gain exposure to the network’s activity because the company can collect revenue from that activity. That potential, however, is not yet a reported revenue line.

The bullish case rests on Robinhood turning its customer base and early tokenized-asset growth into durable on-chain fee revenue. That remains an assessment rather than a reported result. What is established is that crypto revenue declined year over year in the second quarter while tokenized-stock balances on Robinhood Chain grew after its launch.

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What to Watch from Robinhood After Sept. 29?

The period immediately after the subsidy expires should provide an important signal. A sharp decline in wallet activity would be consistent with activity that was primarily supported by free transactions rather than continuing demand for tokenized assets.

Stabilization or recovery within a few months is the bullish outcome. Asset balances alone may not answer the retention question: a $146 million balance on the chain does not show whether users continue trading after they begin paying their own fees. Continued inflows and transaction activity after the subsidy ends would provide a more useful measure of whether early growth can persist.

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The post Robinhood Crypto Chain’s $146M Tokenized-Stock Bet Faces Its First Fee Test appeared first on Cryptonews.




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Perplexity AI Predicts Weak XRP Price by 2027: Bull Run Canceled?

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XRP price prediction: Perplexity AI predicts XRP will make a modest move over the remainder of 2026, as other models predict huge moves

The Silicon Valley-based Perplexity AI predicts XRP could have a tame Q4, saying it believes the token will only hit $3.25 by January 1, 2027. This prediction comes as other AI models and analysts call for XRP to trade $7-10 by the end of the year.

XRP currently trades near $1.49 as of September 21, 2026, after a strong rebound alongside Bitcoin’s surge above $84,000–$85,000 earlier today. This BTC breakout has fueled widespread belief that the cycle bottom is in and a broader bull market is underway, providing a powerful tailwind for large-cap alts like XRP.

This Perplexity forecast assumes that macro conditions align to trigger a “full-blown” bull market between now and December 2026, characterized by sustained institutional inflows, positive regulatory clarity, and a breakout above key multi-year resistance levels.

XRP price prediction: Perplexity AI predicts XRP will make a modest move over the remainder of 2026, as other models predict huge moves
SOURCE: Perplexity AI Predicts Modest XRP Price

The base bullish target of $3.25 represents a successful retest of the 2021/2024 cycle highs and aligns with the upper end of conservative 2027 bull ranges projected by analysts. Achieving this would require XRP to break the critical $1.70–$2.00 congestion zone and ride a wave of retail FOMO similar to previous alt seasons.
As for the optimistic target of $4.50, Perplexity AI states that this would be a scenario where XRP decouples from Bitcoin and sees massive utility-driven demand (e.g., widespread XRPL adoption or ETF inflows); the price could extend toward $4.50.

This target sits just below the psychological $5.00 barrier and corresponds to the aggressive end of 2027 forecasts from firms like Standard Chartered and Bitwise.

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Perplexity AI Predicts XRP to $3.25: Does the Technical Analysis Support the Prediction?

XRP’s technical setup is currently building a massive multi-year accumulation base that could support a violent upside move if confirmed. On the weekly timeframe, XRP is forming a textbook inverse head-and-shoulders pattern, a highly bullish reversal structure that has been building since the 2021 highs.

The “neckline” of this pattern sits around $1.55–$1.70; a decisive weekly close above this level would technically confirm the pattern and project a measured move targeting the $3.00–$4.00 range.

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Furthermore, the monthly Relative Strength Index (RSI) is resetting from overbought conditions without breaking the long-term bullish trend, suggesting the asset is coiling for its next major leg up.

The alignment of moving averages on the daily chart, specifically, the price holding above the 200-day EMA, indicates that the long-term trend remains intact despite short-term consolidation.

If the anticipated bull market materializes, a breakout above the $2.00 psychological barrier would likely trigger a “price discovery” phase, where the lack of historical resistance allows for rapid appreciation toward the $3.25 target.

Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

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A 45-week-overdue moving average flip is exactly the kind of headline that gets long-term holders nodding along, but at a $1.49 handle, XRP’s percentage upside from here is a different animal than it was at $0.1. Doubling from here adds $100Bn to the market cap.

That math is why traders chasing asymmetric returns are increasingly looking one layer down, toward infrastructure being built directly on top of Bitcoin’s network.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with full SVM integration. Hyper runs smart contracts at speeds it claims outpace Solana, while settling back to Bitcoin’s base chain for security. The presale has raised $33M at a current token price of just $0.0136865, with staking rewards offered at a high 30% APY.

Its Decentralized Canonical Bridge aims to solve BTC’s two biggest structural gaps: near-zero programmability and sluggish, expensive transaction throughput.

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The post Perplexity AI Predicts Weak XRP Price by 2027: Bull Run Canceled? appeared first on Cryptonews.




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From $24 to $109: Intel’s Comeback Is Real. The Price Tag Is Now the Problem

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From $24 to $109: Intel’s Comeback Is Real. The Price Tag Is Now the Problem

Quick Read

  • Intel surged 255% to $109, with Q2 revenue up 25% to $16 billion and Data Center sales jumping 59% year over year.

  • NVIDIA took a $5 billion stake in Intel and selected Xeon 6 as host CPU for DGX Rubin systems, flipping rivalry into partnership.

  • At 57x forward earnings with Foundry burning up to $2.5 billion per quarter, Intel is priced as a finished turnaround while still being fixed.

  • Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Intel didn’t make the cut. Enter your email to see the names that beat INTC. The report is free. Enter your email and see if any of your stocks made the cut.

Intel (NASDAQ:INTC) has gone from a low-twenties stock that missed the AI wave to a name trading at $108.60, a 255.25% one-year run.

The Intel and Nvidia logos are prominently displayed in the upper center, rendered in shiny metallic blue and silver against a dark blue background. Behind them, a blurred image of blue-lit server racks extends into the distance, with a bright green glowing line arcing upwards from the lower left to the upper right. White text at the bottom reads 'Intel's Comeback: $24 to $109. The Price Tag Problem.' The '24/7 WALL ST' logo is visible in the bottom right corner.
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The operational fix under CEO Lip-Bu Tan is genuine, and NVIDIA (NASDAQ:NVDA) validated it by taking a $5 billion equity stake in Q3 2025. The debate has shifted from whether Intel can be fixed to whether the share price has already spent the fix.

Q2 revenue reached $16.13 billion, up 25.4% year over year, beating consensus by 11.64%. Non-GAAP EPS came in at $0.42 versus a $0.22 estimate.

Data Center and AI revenue hit $6.26 billion, up 59%, with Xeon 6 selected as host CPU for NVIDIA’s DGX Rubin NVL8 systems.

Tan called the quarter Intel’s “strongest revenue growth in more than fifteen years”, and Intel 18A entered high-volume manufacturing.

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Where Intel Stands Against AMD and NVIDIA

Against Advanced Micro Devices (NASDAQ:AMD), Intel is finally landing punches in server CPUs, with management saying “strong demand for our products continue to outpace our growing supply.”

Against NVIDIA, the relationship has flipped from rivalry to partnership on the CPU side, but NVIDIA’s AI-compute franchise remains the reason Intel Foundry still lost $2.1 billion last quarter.

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External Foundry revenue was only $293 million, a rounding error next to the manufacturing bill Intel is carrying.

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Valuation Is Now Doing the Heavy Lifting

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Market cap sits at roughly $574 billion on a forward P/E of 57x, with trailing EPS still negative at -$2.09.

Wall Street’s mean target of $116.37 sits barely above spot, and the consensus is a Hold with 32 holds against 14 buys.

The 2027 EPS range runs from $1.15 to $3.44, a dispersion that suggests the market is guessing how fast Foundry losses fade.

Bull and Bear Case for INTC Stock

Bulls point to Melius, which values the parts at near $200 and floats a possible foundry separation around 2030. If 14A lands customers and Foundry losses narrow, that math survives.

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Bears note that Intel still posted a $11.03 billion GAAP net loss last quarter, that Foundry burns $2.1 billion to $2.5 billion per quarter, and that a 57x forward multiple leaves no room for a stumble on 18A yields or Panther Lake ramp costs.

The deciding variable is external Foundry commitments on 14A. Without them, Intel is priced as a finished turnaround while still being fixed.

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Even though the earnings multiple is high, if you’re very bullish on the AI buildout, going for INTC stock is not a bad idea today. If you look multiple years into the future, Intel still has growth potential left if AI causes chip demand to continue growing explosively. That said, this remains a more optimistic scenario than what most analysts are pricing in. Revenue growth is expected to fall to 19% annually in 2027. Nvidia should comfortably grow much more than that despite being massively larger. And it’s also cheaper.

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Contact editorial@247wallst.com for any questions or corrections.



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Zoomex to Host Traders After Party During TOKEN2049 Singapore, Connecting Traders and the Web3 Community

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Zoomex to Host Traders After Party During TOKEN2049 Singapore, Connecting Traders and the Web3 Community

Global cryptocurrency derivatives platform Zoomex will host the “ZOOMEX TRADERS AFTER PARTY @ TOKEN2049 SINGAPORE” on October 7, 2026, at the Echo Live Party in Singapore.

Organized as an official side event during TOKEN2049 Singapore, the gathering invites traders, Web3 founders, creators, and partners to connect beyond the main conference floor, exchange market insights, and expand their industry networks. (Luma)

Centering on the theme “CRYPTO TRADING · WEB3 · LIVE MUSIC · NETWORKING,” the event seamlessly blends market discussions with an elevated party experience. Guests can engage directly with industry KOLs and the Zoomex team, participate in special guest Q&As, and make new connections over live music and open networking.

Where’s the Edge? From Crypto Trading to Broader Markets

As trading options expand rapidly, where do traders truly find their edge? Is it early opportunity detection, smarter tool utilization, or a distinct approach to market dynamics and risk management?

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The event will feature a flagship panel titled “Where’s the Edge? Trading Crypto and Beyond,” bringing together top industry KOLs to share insights across crypto assets and traditional market setups. Discussions will span derivatives, TradFi, and prediction markets, with a focus on how copy trading, AI assistance, and strategic tools are reshaping how traders gather information, make decisions, and execute strategies.

Grounded in practical trading needs, the panel gives speakers from diverse backgrounds a platform to share market observations, offering attendees fresh perspectives to compare and discuss. Conversations will continue into the open networking sessions following the panel.

This theme reflects Zoomex’s core focus on derivatives while expanding its broader trading ecosystem. As the platform moves into TradFi and new trading venues, it continues to anchor its operations around “Easy to Use. Transparent. Fair.”, prioritizing seamless user experience, transparent fee structures, and clear rule mechanisms. (Luma)

Ollie Bearman to Join for an Exclusive Community Q&A

TGR Haas F1 Team driver Ollie Bearman will attend as a special guest, hosting an interactive Q&A session that offers traders and motorsport fans an up-close, face-to-face experience. (Luma)

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As the Official Cryptocurrency Exchange Partner of the Haas F1 Team, Zoomex continues to bridge high-profile sports sponsorships with real community engagement, letting attendees experience the thrill of racing alongside market insights. (Zoomex)

Live Music and Grand Prizes Set the Stage for Networking

The evening will feature live performances by singers and dancers, a DJ set, interactive lucky draws, and ample dedicated networking time. Attendees can discuss products with the Zoomex team, swap market insights with creators, or catch up with industry peers on conversations started during the main conference. (Luma)

A MacBook Air and iPhone Duo lead the lineup of grand prizes for the night’s lucky draw, adding extra excitement to the evening. Eligibility and prize collection will follow official event rules.

From deep market discussions and celebrity guest interactions to live entertainment, Zoomex aims to make the Traders After Party a premier gathering for the trading community — a place to share ideas, meet peers in a relaxed setting, and build direct, lasting connections.

Registration is now open. Interested traders, founders, creators, and industry partners can apply via the official Zoomex Luma event page. The event takes place on the evening of October 7 at Echo Live Party Singapore; Final entry details and agenda are subject to the official event listing. (Luma)

About Zoomex

Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 590+ trading pairs. Built around easy to use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide.

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Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken. The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.

Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.

At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.

The post Zoomex to Host Traders After Party During TOKEN2049 Singapore, Connecting Traders and the Web3 Community appeared first on BeInCrypto.

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Crypto’s Fairshake repeats history with $30 million to oppose Sherrod Brown Senate bid

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Crypto's Fairshake repeats history with $30 million to oppose Sherrod Brown Senate bid

At the moment, polling conducted this month of 1,000 likely Ohio voters showed 48% support Brown and 45% are backing the Republican incumbent, Senator Jon Husted. And betting on Polymarket has Brown at a 57% likelihood to win.

Asked for comment on the Fairshake spending, Brown’s campaign sent CoinDesk a press release it issued today that included a statement from the former senator’s campaign manager.

“Jon Husted’s for sale and the billionaires and corporations pouring millions into this race know it,” said Patrick Eisenhauer, the campaign manager.

Until the commitment against Brown, first reported by the New York Times, the second-biggest race for Fairshake’s cash infusions was the Alabama Senate primary contest in which the super PAC committed about $12 million to get Barry Moore his nomination in a deeply Republican state in which he’s expected to win the general election. But the third-highest spending was an expensive disappointment for the sector, with Fairshake having splashed out more than $10 million in failing to derail the Senate primary bid of Illinois Lt. Gov. Juliana Stratton. Stratton is also expected to win her general election race.

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Fairshake has been carefully bipartisan in its support or opposition of candidates, according to the roster of campaigns it’s been involved with. But the big-ticket spending has generally either gone toward supporting Republicans or opposing Democrats as the fate of the Senate is decided this year.



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Strategy Adds 950 BTC for $76M and Repurchases $174M in STRC

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Crypto Breaking News

Strategy, the publicly traded Bitcoin treasury company led by Michael Saylor, resumed its Bitcoin purchases after a two-week pause, according to a Form 8-K filed with the U.S. Securities and Exchange Commission on Monday. The company acquired 950 BTC for $75.7 million during the week from Monday through Sunday, at an average price of $79,670 per coin.

The new buy lifts Strategy’s total Bitcoin holdings to 846,000 BTC, accumulated for roughly $63.8 billion at an average cost of $75,416 per Bitcoin (including fees and expenses). At the time of publication, Bitcoin was trading at $84,925, implying an unrealized gain of about $8.05 billion on the treasury’s position, based on figures referenced in the filing. The update also arrives as Strategy continues to balance Bitcoin accumulation with ongoing preferred stock management and a large cash position.

Key takeaways

  • Strategy bought 950 BTC for $75.7 million at an average price of $79,670 per coin after a two-week buying pause.
  • Total holdings now stand at 846,000 BTC, with Strategy reporting an average cost basis of $75,416 per Bitcoin.
  • Bitcoin’s referenced market price of $84,925 implies an unrealized gain of about $8.05 billion on the treasury.
  • Strategy continued repurchasing STRC preferred stock, spending $174 million on about 1.77 million shares.
  • Strategy’s “USD Cash” fell nearly 20% to $1.05 billion week over week, reflecting dividend and debt-related payments.

Bitcoin buys restart after a brief pause

Strategy’s latest SEC filing describes a resumption of its steady accumulation approach. Between Monday and Sunday, the company purchased 950 Bitcoin for $75.7 million, averaging $79,670 per BTC. The filing also notes the company’s broader position—846,000 BTC in total—indicating the restart did not meaningfully change the scale of its treasury strategy, but it does show a deliberate pause followed by renewed buying activity.

For investors, the practical significance is less about the week’s number of coins and more about consistency: Strategy is still deploying capital into Bitcoin while maintaining liquidity and continuing to manage its preferred securities. That balance can matter in periods where capital allocation becomes more constrained or where financing needs shift.

Strategy’s treasury position and the gains at market price

With Bitcoin trading at $84,925 at the time of publication, Strategy’s holdings are positioned for substantial paper gains relative to its reported average cost of $75,416. The article’s referenced math suggests an unrealized gain of approximately $8.05 billion on the full 846,000 BTC balance.

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While unrealized gains are not cash, they can influence market perception of treasury strength. In addition, the company’s ability to keep buying without disrupting preferred-stock obligations depends on its cash management framework—particularly the split between “USD Cash” and “USD Reserve,” which Strategy reports separately.

Preferred stock repurchases continue alongside Bitcoin accumulation

Strategy also used capital to reduce its exposure to preferred-stock obligations through ongoing buybacks of STRC. The company repurchased approximately 1.77 million shares for $174 million during the same week, and STRC was up slightly in pre-market trading on Monday, according to the information cited alongside Yahoo Finance data.

Strategy stated it still had $875.1 million available under its preferred-stock repurchase program and $1 billion remaining under its MSTR share repurchase program. That matters because it shows the company still has authorization headroom—meaning buybacks can continue even after deploying $174 million in the most recent repurchase window.

The filing period also included at-the-market offering programs, and Strategy reported no sales under those plans between Sept. 14 and Sept. 20. In other words, during that window, the company did not appear to raise funds through its at-the-market channels, relying instead on existing treasury resources for purchases and repurchases.

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Cash reserves decline as dividends and interest payments land

In a sign of how treasury priorities are being sequenced, Strategy’s cash balances moved down. Its “USD Cash” balance fell nearly 20% to $1.05 billion from $1.30 billion a week earlier, when the company reported its prior cash figures. Separately, “USD Reserve” declined to $5.04 billion from $5.10 billion.

The filing attributed the change in part to cash used for preferred-stock dividends and interest on outstanding debt—amounting to $57.4 million. Strategy’s “USD Cash” is described as serving broader treasury purposes, including funding Bitcoin purchases and capital management, while “USD Reserve” is intended primarily to support preferred-stock dividends and debt interest.

For readers tracking these companies, the cash split is often as important as the Bitcoin buy totals. If “USD Cash” keeps compressing while buyback and dividend needs continue, investors may begin to focus more on whether additional financing is required or whether the company tightens other deployments. Conversely, if the “USD Reserve” remains stable while operational outflows are contained, it can suggest the preferred obligations are covered without forcing abrupt changes to accumulation pacing.

Rival treasury holder Strive also adds Bitcoin

Strategy’s update landed alongside another corporate treasury move: Strive, described as the world’s fifth-largest corporate Bitcoin holder, announced additional Bitcoin purchases on Monday. According to the SEC filing referenced in the article, Strive added 1,355 BTC last week, bringing its total to 26,355 BTC, and its shares rose in pre-market trading.

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Taken together, the two updates reinforce that large-cap Bitcoin treasury operators are continuing to pursue accumulation and capital management in parallel—using equity markets and repurchase programs to structure shareholder returns while still building Bitcoin exposure through direct purchases.

Moving forward, the key question for Strategy is whether the renewed weekly Bitcoin buys continue at a similar pace while “USD Cash” remains under pressure from dividends, interest, and repurchases. Investors may want to watch the next SEC disclosures for how quickly cash balances stabilize and whether the company changes the cadence of Bitcoin acquisitions or preferred-stock buybacks.

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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Crypto Security Now Extends Past the Wallet to the Customer's Address

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Crypto Stolen or Targeted in Violent Attacks, 2017–2026.

A French family was tied up for hours by attackers after their crypto. Police have not said how the attackers chose the house, and that gap is where the industry’s data problem lives.

At around 4 a.m. on September 20, four hooded men forced their way into a family home in northern France. They bound the parents and two children with black tape and forced the father to hand over his access codes and move 40,000 euros. 

The father is a salaried IT worker in the crypto industry. Prosecutors have not said yet how the attackers identified him.

A separate incident in the same month showed how easily that kind of information gets out. On August 13, hardware wallet maker Trezor told 13,689 customers that a breach at one of its shipping providers had exposed sensitive order data. The number grew to over 80,000.

Nothing links the two cases, and nothing needs to. Together, they describe the same exposure from both ends: a database that pairs a home address with proof of crypto ownership, and what happens when someone acts on that pairing.

BeInCrypto spoke with experts from Hacken and Zama to uncover what a provider owes its customers when a supplier leaks their identity, which data the industry should stop keeping, and how a client could tell that a custodian will fail them under coercion.

What “No Keys Compromised” Leaves Out

When Trezor announced the breach in August, it made a point of what had not happened. Its own systems were not compromised, it said, and its devices were secure

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Those assurances addressed the risk that hardware wallets exist to prevent: theft of funds.

However, Hacken’s Head of GRC and Security Operations, Dmytro Yasmanovych, explained that the absence of a stolen private key does not mean customers are out of danger

“Someone who knows your name, home address, and that you own a hardware wallet has information they can use to target you. You can replace a compromised key in minutes. You cannot do the same with your home address.”

He argues that this is why the information held by delivery companies and other suppliers deserves as much attention as the wallet itself. If a database links a crypto holder to their home, the consequences can reach their family, too, Yasmanovych added.

“So a provider can prevent anyone from accessing your funds and still leave you exposed in a much more personal way. The question is whether its security measures protect the customer, not just the wallet.”

The French Numbers Behind the Warning

France shows what that looks like. Interior Minister Laurent Nuñez said in late June that authorities had recorded more than 70 crypto-related violent incidents since January. 

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Chainalysis, which counted publicly reported cases, logged 30 in France through mid-2026, compared with 19 for the whole of 2025. 

The firm calls a data breach the likeliest cause. It points to a 2024 case in which a French tax official allegedly stole dossiers on high-net-worth crypto holders, including addresses and phone numbers, and sold them to criminal intermediaries. 

The family exposure Yasmanovych describes is visible in the same data. In France, more than 40% of incidents targeted a relative rather than the holder. Overall, home invasions made up 37% of documented attacks by mid-2026, up from 26% in 2023.

Chainalysis estimated that violent attacks on holders worldwide took more than $30 million in the first half of the year. This counts only attacks where the holder gave up funds.

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The report puts total exposure at $107 million, including ransom demands, blocked transfers, and recovered funds, while noting that even that figure covers only reported cases.

Crypto Stolen or Targeted in Violent Attacks, 2017–2026.
Crypto Stolen or Targeted in Violent Attacks, 2017–2026. Source: Chainalysis

The Data Behind the Target

Those attacks need a target, and the target may come from a record somebody kept. That makes data retention another security issue for the crypto industry. 

Companies may need customer information for a specific transaction or service. However, keeping it indefinitely can create a separate risk if that information is later exposed. So which piece of customer information should the industry stop collecting, or delete sooner than it does?

Yasmanovych names the phone number. He explained that a company might need one to arrange a delivery, but that does not explain why it should remain in a customer database for years.

Thus, if the database is breached, the number can become useful for phishing, voice scams, or SIM-swap attempts.

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“I would remove the link between an order and a physical delivery address once the delivery is complete and there is no longer a business reason to keep it. The company can retain what it needs for tax and warranty purposes without keeping a complete record of where every order was delivered.”

He outlined another problem: deleting data often relies on someone saying it has been done.

“In one case, a company had a ninety-day retention rule and written confirmation from its fulfilment partner that older records had been removed. Years of data was still sitting in their systems. That is why I would want evidence of deletion, not just a retention policy. If nobody checks whether the rule was followed, the rule offers little protection.”

The same responsibility extends to what happens after customer information is exposed. According to Yasmanovych, in addition to a warning email, the provider needs to explain exactly what information was exposed. 

“A leaked city is one thing. A name, home address, and proof of crypto ownership create a different level of risk…Someone whose address was leaked may need help arranging future deliveries without sharing it again… There should be a direct person or team to contact when the situation requires more than a standard FAQ.”

He mentioned that the provider also needs to address what allowed the exposure to happen. If the supplier keeps data beyond the agreed retention period, customers should be told how that will be prevented and how deletion will be checked in the future.

“A warning email is the starting point. People need to know what happened, what they can do now, and whether the company has actually fixed the process that failed.”

Trezor’s response to its own breach can be measured against that list. It emailed affected customers individually, specifying whether their exposure was full or partial, and warned about phishing and, in September, physical security risks. 

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It also promised an Anonymous Delivery option using locker pickup, unbranded packaging, and automatic deletion of shipping identifiers.

Can Privacy Technology Close the Gap?

The problem is not limited to the data companies store off-chain. As more financial activity moves onto public blockchains, the transactions themselves can create another layer of exposure.

Zama CEO and Co-Founder Dr. Rand Hindi said the Trezor incident highlights an off-chain data retention problem. 

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He argued that as institutional capital moves onchain at scale, onchain confidentiality stops being a feature and becomes the condition for participation. Hindi cited a BCG estimate that digital real-world assets could reach roughly 16% of global investable assets by 2035.

He said regulated institutions cannot operate on a public ledger where every position and counterparty relationship is visible. The executive pointed to fully homomorphic encryption (FHE) as one way to address this without sacrificing compliance. 

“FHE allows computation directly on encrypted data – a transfer executes, an AML threshold is checked, eligibility is verified, all on ciphertext – with no validator or block explorer ever seeing a balance or other sensitive data. When a regulator requires access, a permissioned threshold of key holders (compliance team) authorises decryption enforced at the protocol layer, not through a policy.”

Privacy technology can also limit how much information companies must disclose without making verification impossible.

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Yasmanovych said zero-knowledge proofs can allow an exchange to demonstrate that it holds enough assets to cover customer balances without publishing every customer’s balance.

The exchange can therefore share evidence of its overall position without putting individual account information on display. The expert added that this does not mean the information becomes inaccessible. 

Depending on how the system is designed, an authorised investigator may still be able to examine the evidence and underlying records through an appropriate audit or legal process.

He added that selective disclosure works on a similar principle when sharing identity information. A service might need to confirm that someone meets a particular requirement without receiving their entire identity document or customer profile.

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“Neither approach solves the problem of personal data held outside the blockchain. Transaction amounts, timing, and wallet connections may remain visible, while identity documents and home addresses continue to sit in exchange, delivery, and payment databases.”

Yasmanovych mentioned that the gap is fairly straightforward. A company can improve privacy around the transaction itself while leaving the information needed to deliver and support that transaction exposed elsewhere.

When the Credentials Are Real, and the Customer Is Not Free

The distinction between transaction privacy and personal safety becomes even more important when a customer is forced to authorise a transfer. A custody provider may have secure infrastructure and strong access controls. 

But those safeguards face a different test when a customer is coerced into handing over their assets. 

Yasmanovych said a technical audit can show that the system works as designed. It is less useful for understanding what happens when someone is forced to hand over their assets.

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“I would test the withdrawal process under that kind of pressure. For example, a customer with valid credentials requests a large transfer while someone is coercing them. Can the provider recognise the situation, pause the withdrawal, or bring in someone else before the money leaves?”

His required controls are a second authorised person and a mandatory delay on large transfers, neither of which the customer can remove during the same session. Yasmanovych highlighted that the point is to give the provider a chance to intervene when a valid login does not necessarily mean the customer is acting freely.

“I would also ask to see the process in action. A policy can require a second approval, but that does not tell you whether the approval is genuinely independent or whether staff can bypass it. A live test would expose those weaknesses much faster than another clean technical audit.”

A custody system can work exactly as designed and still fail the person using it. The last step always runs through a human being, and a human being can be threatened.

Where the Responsibility Now Sits

The attacks in France show how the risks around crypto extend past a compromised wallet or a stolen private key. A customer’s name, address, phone number, and proof of ownership become valuable once they sit in the same database. 

Privacy technology can limit what is exposed on-chain, but it does nothing to address information that companies and their suppliers keep elsewhere.

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That widens what a provider is responsible for. It covers how assets are stored and moved, which customer data is collected, how long it stays accessible, and what happens when someone is forced to use their own credentials. Keys are part of that chain that the industry already knows how to protect.

The post Crypto Security Now Extends Past the Wallet to the Customer's Address appeared first on BeInCrypto.




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Cardano News: DReps’ Pogun Vote Opens a New Chapter for ADA

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In Cardano news today, the delegated representatives voted down a request to withdraw 12.29 million ADA from the community treasury to fund Input Output’s Pogun Bitcoin DeFi product. The final Koios summary recording 35.67% of DRep voting power in favor, against 64.33% opposed.

The ADA stays in the treasury, but Cardano also forfeits the revenue-sharing terms Input Output had attached to the deal, and Charles Hoskinson has since said IOG will no longer default to launching future products on Cardano.

Pogun is Input Output’s pitch for bringing Bitcoin into decentralized finance through a credit market, a yield product, and a BitVM-powered trust-minimized bridge. The rejected on-chain proposal asked for 12.29 million ADA and tied repayment to quarterly earnings before interest, taxes, depreciation, and amortization, with the calculation anchored to $2.95 million in EBITDA.

Cardano (ADA)
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Input Output’s April 2026 overview had promised 20% of Pogun earnings back to the treasury until the initial funding was repaid, followed by a perpetual 5% return on Cardano-related products. The on-chain proposal that DReps actually voted on carried no explicit exclusivity covenant.

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Cardano governance requires sign-off from both the Constitutional Committee and DReps for a treasury action to pass. The committee cleared Pogun unanimously; the body elected directly by ADA holders did not, which is what makes the split notable.

The practical result? Cardano keeps its ADA but gives up the revenue share it was offered, a difference that matters more for Cardano’s treasury sustainability.

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Why This Counts As An ADA Governance Check?

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Input Output helped build Cardano and remains a major commercial contributor, which is exactly why the vote matters. Pogun’s own framing argued Cardano was the right execution environment for Bitcoin DeFi on technical grounds, not by default. ADA holders weren’t required to accept that argument on the terms presented, and enough of them didn’t.

Hoskinson used a Sept. 18, 2026, broadcast to respond directly. He said Input Output would now choose whichever network best serves each product instead of applying automatic Cardano priority. He also added that traffic from an unfunded product could route elsewhere and that another ecosystem could receive exclusivity in exchange for support.

He still described Cardano as the strongest technical fit for Bitcoin DeFi connecting systems built on Bitcoin-like transaction outputs, a nuance that separates this from a simple exit. It reads more like a policy change forced by a governance body that IOG itself helped design, a tension also visible in how IOG has positioned Midnight-linked development outside strict Cardano exclusivity.

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What’s Next For Cardano After This News?

Hoskinson said Pogun would still arrive within 90 days of the broadcast, or roughly by mid-December 2026, regardless of the vote’s outcome. Input Output has not disclosed which chain will host it, and the ecosystem that ends up with Pogun could capture the revenue share Cardano just walked away from.

Hoskinson also said RealFi, a separate Input Output initiative, is set to launch on Cardano in October 2026, giving Cardano holders a near-term test beyond the news.

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The post Cardano News: DReps’ Pogun Vote Opens a New Chapter for ADA appeared first on Cryptonews.




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XRP Holders Rushed 663% More Tokens Onto Binance. Almost None of It Got Sold

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XRP Holders Rushed 663% More Tokens Onto Binance. Almost None of It Got Sold

XRP climbed toward $1.50 on September 21, recovering sharply from lows near $1.27 earlier this month. That price strength arrived alongside a striking spike in exchange activity.

Average daily XRP inflows into Binance reached 21.7 million tokens, 663% above the quarterly baseline, according to on-chain data.

What Triggered This Sudden Spike in Exchange Flows

An exchange inflow refers to tokens moving from private wallets into a trading platform, typically signaling either preparation to sell or repositioning for trading purposes. The distinction matters for interpreting XRP’s current setup.

The surge concentrated in just three sessions. Binance recorded 91.2 million tokens on September 11, 44.5 million on September 16, and 41.7 million on September 17, days that overlapped with the failed CLARITY Act vote and the Federal Reserve’s first rate hike since 2023.

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Despite those large deposits, Binance’s XRP reserves rose just 0.22% to roughly 2.63 billion tokens. Daily outflows averaged 11.6 million tokens over the same period. That pattern points toward elevated two-way turnover rather than sustained one-sided selling pressure.

Whale wallets added further context. Last week, large holders increased their combined XRP holdings by approximately 1.54 billion tokens, worth $2.2 billion, within 96 hours, according to Santiment-linked data shared by analyst Ali Martinez, reinforcing the accumulation narrative surrounding the token.

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XRP Price Analysis. Source: X/@CryptoOnchain

Could This Rally Reverse in the Coming Sessions?

Technical indicators point to specific levels worth watching closely. XRP recently formed a rare bullish setup, only the fourth time in its trading history that price rebounded this sharply from a key long-term support band, with the 50-week moving average near $1.51 standing out as the primary target.

Clearing that level convincingly could open a path toward the $1.80 pocket. A key volume-based support zone sits near $1.38, an area where heavy prior trading activity has repeatedly reinforced price stability.

Network metrics remain mixed, though. The network value to transactions ratio fell 32.1% and transaction counts declined, even as open interest climbed to $477 million with liquidations occurring on both sides. Rising leverage suggests potential for expanded volatility rather than a confirmed directional trend.

XRP Price Performance. Source: BeInCrypto
XRP Price Performance. Source: BeInCrypto

A rejection at the 50-week moving average could trigger a pullback toward that $1.38 support zone. Losing that level might expose the $1.29 to $1.30 region next, where a shorter-term moving average and recent accumulation activity converge.

Stable exchange reserves and continued whale accumulation offer some cushion against extreme downside scenarios. Still, elevated leverage means sharp moves remain possible in either direction.

Market participants continue monitoring volume, funding rates, and net exchange flows closely as the current $1.40 to $1.55 range plays out this week.

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The post XRP Holders Rushed 663% More Tokens Onto Binance. Almost None of It Got Sold appeared first on BeInCrypto.



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ECB to invest reserve funds in tokenized securities via new Pontes platform

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ECB to invest reserve funds in tokenized securities via new Pontes platform

The European Central Bank (ECB) plans to invest a small portion of its reserves in tokenized securities, giving the central bank direct exposure to blockchain-based financial markets.

The purchase would be settled through Pontes, the new Eurosystem platform, which allows wholesale transactions to settle in central bank money. The platform essentially bridges the ECB’s payment system to blockchain-based financial markets. The plan to invest in tokenized securities and Pontes reflects a more significant bid by central banks in the EU to adapt to the increasing use of blockchain in finance.

The ECB intends to test the technology as an investor, from buying tokenized bonds to settlement and portfolio management.

“Pontes brings the stability and trust of central bank money to the European tokenized finance ecosystem,” said Piero Cipollone, member of the ECB’s executive board. “It will give an important advantage to help it scale.”

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The ECB’s initial investments would focus on euro-denominated securities issued by euro-area governments, regional authorities, agencies and European supranational institutions.



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Near Protocol (NEAR) Soars 25% Daily: Is That the Easiest Crypto to Hold?

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NEAR has been in a massive uptrend lately, gaining an additional 25% over the past 24 hours to briefly surpass $4.40. As of this writing, it trades at roughly $4.30 (per CoinGecko), up about 120% on a monthly basis.

Most analysts think the asset is ready to pump even more in the short term, with some anticipating a jump to a new all-time high. On the other hand, two important factors suggest a pullback may also be approaching.

How Much More?

The cryptocurrency market saw another sharp uptick today (September 21), with Bitcoin (BTC) climbing to nearly $2,500 and Ethereum (ETH) clearing $2,700. The green wave is perhaps the main catalyst for NEAR’s price ascent, but not the only one.

Recently, American President Donald Trump vowed to create a so-called “AI Force” and appoint an AI czar. Although details are still unclear, the announcement has boosted cryptocurrencies tied to Artificial Intelligence, with NEAR no exception. Prior to that, NEAR Protocol revealed on X that users trade perpetual futures by default, a feature provided by Hyperliquid.

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X user Lucky said that NEAR holders deserve the latest pump since they have been waiting for such green days for a long time. For his part, Michael van de Poppe described the asset’s rise as “fantastic” and stated that he will be “very pleased” if it breaks through here.

“In the short term, I doubt it. I think that liquidity will flow towards other narratives that are going to follow NEAR in its footsteps,” he added.

The analyst expects the price to consolidate at current levels and even head south to $3 if BTC corrects. After that, though, he anticipates a fresh rally in Q4. In a previous post, van de Poppe described the digital asset “as one of the easiest ones to hold in this bull market,” saying he has been “happily accumulating” at $1.20-$1.50.

CryptoBullet was much more bullish, arguing that NEAR’s macro structure resembles “a giant double bottom.” The X user set $8 and $20 as the next targets, claiming the token could even skyrocket to a new historic peak of as high as $40.

The Bearish Factors

Earlier today, NEAR’s Relative Strength Index (RSI) spiked above 91, reaching a record high. Such levels signal that the asset has reached extreme overbought territory and could be gearing up for a move south. Later on, the RSI retraced to the current 74, which is still in the bearish zone.

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NEAR RSI
NEAR RSI, Source: CryptoWaves

The token’s recent exchange netflow also suggests that a correction could be on the way. Over the past several days, inflows have surpassed inflows, hinting that some investors have shifted from self-custody to centralized platforms, thereby increasing immediate selling pressure.

NEAR Exchange Netflow
NEAR Exchange Netflow, Source: CoinGlass

The post Near Protocol (NEAR) Soars 25% Daily: Is That the Easiest Crypto to Hold? appeared first on CryptoPotato.



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