Crypto Industry News & Market Trends

Polymarket Launches Crypto Perpetual Futures With Up to 20x Leverage

In briefPolymarket launched Polymarket Perps on September 3 with an initial slate of 10 markets that expanded to 67 within hours, spanning crypto, stocks, indices and commodities with leverage up to 20x and no contract expiration.Leverage caps vary by asset: crypto, the Ss own documentation.U.S. traders cant place Perps orders and are routed instead to Polymarket US, the companys separate CFTC-regulated exchange, a split that traces back to a 2022 CFTC settlement.　　Polymarket, the prediction market platform that rose to fame during the 2024 presidential election, opened its perpetual futures product to traders on September 3, extending a platform built around yes-or-no election and sports bets into leveraged derivatives.　　The new offering, called Perps, launched with an initial 10 markets—Bitcoin, Ethereum, Solana, HYPE, gold, silver, WTI oil, the Ss product page. Polymarket first teased the feature in April with a 10x leverage cap.　　Myriad: When will Polymarket launch its token？ Click to make your prediction.　　Perpetual futures work nothing like Polymarkets usual contracts, which settle at $1 or zero once an event resolves. A perp instead tracks its underlying assets price continuously with no expiration date, and a funding rate moves payments between long and short traders every hour to keep the contract anchored

09-05Industry

Pineapple Financial puts $1B in mortgage records on Injective

Pineapple Financial has moved more than $1 billion in residential mortgage records onto Injective, a layer-1 blockchain focused on financial applications, as part of a broader effort to migrate its historical loan portfolio onchain.　　Pineapple plans to eventually migrate more than 29,000 funded mortgages worth over $10 billion onto the network, Injective said Friday. Each mortgage is represented by an onchain record tied to the underlying loan file, rather than being repackaged as a new mortgage security.　　The records contain more than 500 data points, including loan-level information designed to support verification, audit trails and risk analysis. Pineapples dashboard shows that the migration now includes 2,079 mortgage records, up from 1,259 when the initiative launched in December 2025.　　PAPL0, which tracks the mortgage records onchain, has an asset market cap of about $1.1 billion, up 48.2% over the past nine months, according to Token Terminal data. The tokens represent mortgage records rather than ownership of the underlying loans.PAPL0 market cap on Injective. Source: Token Terminal　　The mortgage migration is part of Pineapples broader relationship with Injective, which includes a separate $100 million Injective (INJ) digital asset treasury. Pineapple stakes INJ from the treasury, with Kraken serving as a primary validator for the holdings.　　Related: The

09-05Industry

Hawthorn Bancshares (HWBK) Stock : Rises as FSC Bancshares Merger Expands Bank Footprint to 27 Locations

TLDRHawthorn completes FSC merger and expands its banking network to 27 locationsHWBK stock rises as Hawthorn closes FSC deal and grows regional bank footprintHawthorn Bank reaches 27 locations after completing FSC Bancshares acquisitionFSC merger lifts Hawthorns scale with $2.2 billion in combined total assetsHawthorn targets first quarter 2027 for Farmers State Bank customer conversion　　Hawthorn Bancshares completed its FSC Bancshares merger, expanding Hawthorn Bank to 27 locations across Missouri and Kansas. HWBK stock rose 0.66% to $39.84 after recovering from an early decline. The transaction broadens Hawthorns regional reach and adds Farmers State Bank customers to its platform.　　Hawthorn Bancshares, Inc., HWBK　　Hawthorn Completes FSC Bancshares Merger　　Hawthorn completed the FSC Bancshares merger on September 3, with Hawthorn remaining the surviving holding company. Farmers State Bank also merged into Hawthorn Bank under the completed transaction. Hawthorn Bank now controls the combined banking operations and larger customer base.　　The deal expands Hawthorn across northern, central, western, and mid-Missouri, while retaining one location in Kansas. Hawthorn Bank now operates 27 banking offices after adding the Farmers State Bank network. The larger footprint gives Hawthorn broader access to households and businesses across regional markets.　　Discover more　　Finance　　exchange-traded funds (ETFs　　News　　The transaction increases the combined companys total assets to approximately $2.2 billion.

09-05Industry

Gold falls as traders increase Fed hawkish bets after stellar NFP

Gold (XAU/USD) price retreats by about 0.80% on Friday, after registering losses of over 2% following the release of an upbeat US jobs report. This boosted the Greenback amid growing speculation that the Federal Reserve (Fed) could raise rates if inflation data next week comes hotter than expected. At the time of writing, XAU/USD trades at $4,437.　　XAU/USD retreats as upbeat jobs data supports Dollar and September tightening risks　　Nonfarm Payrolls in August crushed estimates of 56K, coming in at 162K, while Julys print was upward revised from -23K to 21K. At the same time, the Unemployment Rate was unchanged at 4.1%. The data reassured Fed officials that if needed, they can raise rates without harming the labor market.　　Last week, Fed Chairman Kevin Warsh said the jobs market was “consistent with full employment” in a speech in Jackson Hole, in which he leaned hawkish, placing inflation as the foremost mission.　　On Thursday, Fed Governor Christopher Waller said the Fed isn‘t rushing to raise rates if inflation cools, but a weak data release next week favors a rate increase at the FOMC’s meeting.　　Money markets have priced in a 61% chance for a rate increase by the Fed at the September meeting, up from 54%

09-05Industry

US Dollar Weekly Forecast: Investors shift their focus from jobs to CPI

The week that was　　Joy cant last forever, can it？　　The US Dollar (USD) rapidly faded its prior gains and resumed its marked downside this week, with the US Dollar Index (DXY) coming close to its psychological 100.00 barrier, only to see that dream turn to ashes as market chatter reignited speculation that the Bank of Japan (BoJ) might hike its policy rate at its next meeting.　　But nobody, or nearly no one, said anything about a potential FX intervention by the MoF-BoJ duo.　　Not even fresh tensions in the back-and-forth scenario in the Middle East were able to give the buck any fresh legs.　　And then came Christopher Waller and John Williams, begging markets for patience while favouring the statu quo being left unchanged for now. Well, at the Federal Reserves (Fed) next meeting.　　Furthermore, the severe correction in the US Dollar has practically ignored the weekly developments from the US bond market, where US Treasury yields remained in the upper end of their recent range despite their mixed performance.　　It is not the labour market, stupid! 　　The sharp rebound of the US Dollar Index soon after Nonfarm Payrolls (+162K) was just that: a robust, albeit temporary, bounce.　　It was clearly indicative of how surprisedmarket participants were

09-05Industry

Can the 21-bank stablecoin rival USDT and USDC？

A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives told crypto.news, however, that institutional backing will not guarantee adoption unless the token can match the liquidity, accessibility and portability already offered by USDT and USDC.　　SummaryThe 21-member consortium plans to launch its dollar stablecoin during the first half of 2027.Experts said established banking relationships could help the token gain early institutional distribution.Interoperability, wallet support, and reliable redemption will determine whether it circulates beyond member banks.The consortium must identify who carries legal responsibility for reserves, redemptions, and transaction failures.USDT and USDC could lose market share even as bank-issued tokens expand the overall stablecoin market.　　The consortium committed to forming a new stablecoin company during the second half of 2026, subject to closing conditions. Its members include Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS, and other financial institutions across North America, Europe, Asia, Africa, and the Middle East.　　The unnamed venture intends to launch a US dollar-denominated stablecoin during the first half of 2027. It may later introduce stablecoins tied to other G7 currencies, with a euro-denominated token listed as its first expansion priority.　　The consortium has not disclosed

09-05Industry

GitHub Unveils HydraFusion AI Workflow Optimization

Jessie A Ellis　　Sep 04, 2026 16:41　　GitHubs Project HydraFusion offers multi-model orchestration for efficient coding task execution, reducing costs by up to 67%.　　GitHub has introduced Project HydraFusion, a research preview aimed at revolutionizing AI-assisted coding through adaptive multi-model orchestration. Announced on September 4, 2026, HydraFusion dynamically selects and optimizes execution plans across multiple AI models, achieving notable cost savings while maintaining high-quality outputs.　　HydraFusion works by evaluating each coding task and determining whether it requires direct resolution, iterative critique, or escalation to more powerful models. This approach reportedly balances performance, cost, and latency, allowing developers to focus solely on their tasks without manual model selection. In controlled benchmarks, HydraFusion demonstrated significant efficiency gains, cutting costs by up to 67% while improving performance by 4.9 percentage points in TerminalBench 2.1 compared to the Claude Opus 5 baseline.　　How HydraFusion Works　　The system orchestrates workflows using three key patterns: Single (direct solution by one model), Cascade (escalation to stronger models if needed), and Critique (drafting and review by separate models). Each pattern is tailored to specific quality-to-cost trade-offs, with HydraFusion dynamically choosing the least complex yet effective option for each task.　　For example, in the Cascade pattern, an efficient model drafts a solution, which is then vetted

09-05Industry

Trezor Confirms 67,000 More US Users Impacted in ShipMonk Leak

The newly identified records cover orders made between November 2019 and August 2021.Exposed data includes names, emails, phone numbers, shipping addresses, and order numbers.Trezor claims ShipMonk confirmed old records were deleted, but data remained.　　On September 4, Trezor said that the ShipMonk data breach affected about 67,000 more US customers than first thought, making it bigger than originally reported.　　The newly identified records cover orders made between November 2019 and August 2021. The data exposed includes full names, emails, phone numbers, shipping addresses, and order numbers.　　Trezor says ShipMonk informed it about the larger breach on September 2. The hardware wallet company says it had repeatedly asked ShipMonk to delete that customer data and had gotten written confirmation that it was done. However, apparently, those records were still present in ShipMonks systems.　　This is Much Larger Than the Original Disclosure　　The original breach in August affected around 13,689 customers. Of those, 11,742 had their name, email, phone, and shipping address fully exposed, while 1,947 had less detailed information compromised.　　Discover more　　exchange-traded funds　　NEWS　　Merchant Services & Payment Systems　　Not only does the new information make this a much bigger incident, but it also calls into question how long third-party providers hold onto data.　　Trezor had previously mentioned a 90-day retention

09-05Industry

Why South Africa Is Emerging as One of Africas Fastest-Growing Online Gaming Markets

South Africa sits right at a crossroads where people use mobile phones a lot, with digital payments improving, and gambling has been part of the culture long before the digital era. As per a Grand View Research report, the countrys online gambling market generated about $1.54 billion in 2025. Besides, the report showed that it is expected to grow at 7.6% annually through 2033.　　Put together, it‘s no surprise South Africa is becoming one of Africa’s most watched online gaming markets. So, here we explore the potential factors that are driving the growth and how the industry is set up.　　The Market Fundamentals — Why South Africa Is Different　　South Africa might not be perfect, but its got solid digital and financial systems backing it up. World Bank data shows its 2025 GDP per capita was about $6,598, far higher than the Sub-Saharan average of $1,673. On top of that, nearly 8 out of 10 South Africans were online in 2024. And by 2025, GSMA expected smartphones to make up 76% of all mobile connections, beating the regional average.　　This digital base sits just right next to a well-established gambling industry. The National Gambling Board recorded R59.3 billion in gross gambling revenue for 2023/2024,

09-05Industry

PLTR Price Prediction: $188 Next Stop — Then a Reckoning With the Valuation Wall

Timothy Morano　　Sep 04, 2026 10:31　　PLTR is coiling at $181.97 after a 6.71% surge, with derivatives positioning screaming short-side conviction — but the fundamentals are genuinely “otherworldly.” The next 7 days likely test $188.42…　　PLTRs Technical Reality Check　　The chart on Palantirs tokenized stock tells two stories at once — and right now, theyre fighting each other.　　Price is sitting at $181.97, wedged almost perfectly between its 7-day SMA ($181.73) and 20-day SMA ($178.85), which means the short-term trend is essentially flat after a violent August that launched the underlying stock more than 51%. The SMA 50 at $158.22 and SMA 200 at $143.53 are both well below, confirming that the larger bull structure is rock solid — this is a stock thats been repriced structurally higher, not just pumped. The question now is whether current levels are consolidation before the next leg or a distribution topping pattern.　　Momentum indicators tell a cautious tale. Buyers are hesitating near mid-range — not panicking, not pressing aggressively. The MACD histogram has gone completely flat, signaling the post-earnings burst of momentum from early August has fully exhausted. The EMA 12 ($180.03) is barely above the EMA 26 ($174.32), confirming a bull trend thats alive but decelerating. Stochastic at

09-05Industry

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