Latest Crypto News & Market Updates

Robinhood Engineers Charged in Hyperliquid Insider Trading Case

Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.　　Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.　　“Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations,” a Robinhood spokesperson told BeInCrypto.　　Follow us on Xto get the latest news as it happens　　Sponsored　　Sponsored　　How the Alleged Trades Worked　　Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a tokens price that never expire, so a trader can hold the position indefinitely.　　The U.S. Attorneys Office for the Southern District of New York says the two engineers traded between 2025 and 2026. They knew which tokens Robinhood Crypto planned to list, then bought futures on those tokens first.　　A listing on a large broker usually lifts a tokens price. Selling into that move

09-16Industry

SEC Faces Setback as CLARITY Act Fails to Progress in Senate

The SEC faces a significant challenge as the CLARITY Act did not advance in the Senate today, a setback highlighted by Coinbase CEO Brian Armstrong. He expressed disappointment but remains optimistic about the SEC and CFTCs existing tools to establish clearer rules. This development emphasizes the urgency for comprehensive regulations in the crypto space, which should continue to evolve regardless of congressional stagnation.　　What Went Down　　The broader crypto market is reflecting mixed signals amid this backdrop of regulatory uncertainty. The SEC and CFTC have previously suggested they have the authority to implement necessary rules without the CLARITY Act, which aimed to create more structured guidelines. As the regulatory landscape develops, stakeholders will be closely monitoring how these agencies leverage their existing powers to provide clarity to the crypto environment.　　What We KnowThe CLARITY Act did not advance in the Senate as of September 15, 2026. Brian Armstrong emphasizes the need for regulatory clarity. The SEC and CFTC are expected to act under existing authorities. Future regulatory frameworks may emerge without congressional approval. The current situation highlights the urgency for clear crypto regulations.　　By the Numbers　　Currently, market activity shows a standstill with no reported volume or significant price changes. The lack of movement reflects

09-16Exchange

SpaceX to decide Starship's orbit mid-flight on Flight 14

SpaceX is planning its first orbital attempt with Starship on Flight 14.The company said in a September 15 update that the rocket pushes for orbit only if it passes a health check partway through the flight.　　Orbit is the gate SpaceX must pass before Starship can carry its bigger V3 satellites and conduct in-space refueling tests.　　More than 500 sensors feed the abort call　　First, the plan keeps Starship on a well-known path. The upper stage will trace the same passively safe, suborbital arc to the Indian Ocean after the ascent burn that SpaceX used on previous tests, the companys update said.　　Flight controllers get their decision point in the next coast. They clear the vehicle to proceed or let it fall back and splash down.　　If the vehicle is good, one Raptor sea-level engine fires a circularization burn to place Starship into orbit.　　SpaceX describes the flight profile as a deliberate staging approach that keeps an ocean splashdown option open at several pre-set points, rather than committing to orbit the moment the engines cut off.　　A deorbit burn on that same engine ends a nominal mission. The spacecraft can either splash down in the ocean or return to the launch site to be caught and reused.　　The

09-16Industry

Four Republicans vote against the CLARITY Act as cloture fails 49-50

The Senate did not advance the Digital Asset Market Clarity Act on Tuesday, rejecting cloture on the motion to proceed by a vote of 49 to 50.　　The measure needed 60 votes to overcome a procedural hurdle and fell 11 votes short.　　Collins, Hawley, Moran, and Tillis broke with their party　　Every yes vote came from a Republican. Four Republicans broke with their party to vote no: Maine‘s Susan Collins, Missouri’s Josh Hawley, Kansas‘s Jerry Moran, and North Carolina’s Thom Tillis.　　No Democrat or independent supported the motion. Delawares Chris Coons did not cast a vote.　　The vote came at 2:19 p.m. ET, recorded as Roll Call 234. A motion to proceed asks one question only: whether the Senate takes a bill up at all.　　H.R. 3633 never cleared that step. No amendments, no vote on passage.　　The bill would specify how oversight of digital commodities would be divided between the Securities and Exchange Commission and the Commodity Futures Trading Commission.　　It would also prohibit Federal Reserve banks from offering products directly to individuals and prevent the use of a central bank digital currency in monetary policy.　　Bitcoin funds took $160.04 million on Monday　　Crypto funds had spent the previous session taking in money across every major category. Bitcoin funds

09-16Industry

New Zealand Dollar slides ahead of Feds decision

NZD/USD trades close to the 0.5760s, extending a run of losses that has dragged it toward the lower end of its recent range. A broadly firmer US Dollar (USD) is behind the slide, with the greenback supported by climbing United States (US) yields and rate-hike expectations.　　Markets are expecting the Federal Reserve (Fed) to raise rates on Wednesday, with investors leaning toward a 25 basis points (bps) hike to 3.75%-4.00%, and the risk-off tone has weighed on growth-sensitive currencies like the New Zealand Dollar (NZD). On another note, the 10-year US Treasury yield has climbed to its highest level since 2007, topping 5%, as a more than 3% jump in oil revived inflation worries.　　New Zealands Q2 Gross Domestic Product is due late on Wednesday, with growth expected to slow sharply to 0.1% on the quarter from 0.8%.　　Short-term technical analysis:　　On the 4-hour chart, NZD/USD trades at 0.5757. The pair remains under clear downside pressure as it trades below both the 20-period and 100-period Simple Moving Averages (SMAs), which now cap the upside around 0.5787 and 0.5877 respectively. The Relative Strength Index (RSI) hovers near 30, hinting at stretched but persistent bearish momentum rather than a confirmed reversal.　　On the topside, initial resistance is

09-16Industry

Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case

US prosecutors are seeking to seize $61 million in Tethers USDT tied to alleged black-market Iranian oil sales.　　Related Asset Tether USDT · Stablecoin　　On Sept. 14, the US Attorney‘s Office for the Southern District of New York filed a civil forfeiture complaint targeting approximately 61.2 million USDT across 10 Tron addresses. Prosecutors allege the funds came from Iranian crude and petroleum sales intended to benefit the country’s government and military, including the Islamic Revolutionary Guard Corps (IRGC).　　The tokens were already immobilized. Tether froze seven of the targeted addresses in June 2025 and another three in July. A seizure warrant issued this week now authorizes federal agents to move the value into government custody.　　Executing that warrant would depend on Tethers control over USDT. The stablecoin issuer would burn the frozen tokens and issue replacements of the same value for transfer to an FBI-controlled hardware wallet, according to the complaint.　　The mechanism gives US authorities a route from identifying sanctioned funds on-chain to taking custody without obtaining the private keys controlling the original wallets. It also extends a growing enforcement relationship between US agencies and the issuer of the worlds largest stablecoin.　　Days before the Iran filing, Tether said the Justice Department credited it with

09-16Industry

Crypto prices fall as Clarity Act fails to advance in Senate

The global crypto market declines nearly 3% on Tuesday after the Digital Asset Market Clarity Act failed to gather the required 60 votes needed to invoke cloture in the Senate.　　Cloture is the formal Senate procedure used to break legislative gridlock and force a final vote on a bill.　　The measure received 49 YEA and 50 NAY votes, falling short of the 60 threshold by 11 despite a series of negotiations from Republican lawmakers and a push from President Donald Trump.　　Lawmakers react after CLARITY failed to progress　　Crypto America host Eleanor Terrett noted that several Democrats who spent months negotiating the bill voted NO, with some blaming their Republican colleagues for not including stricter rules.　　The bills chief author, Senator Cynthia Lummis, blasted Democrats in an X post after the vote ended.　　Senator Cynthia Lummis. Source: X　　Regardless, Democrats and Republican Senators agree that the bill isnt dead yet, but it will have to wait.　　In a bid to gather support, Senate Republicans released an updated version of the bill over the weekend, including concessions to Democrats on stronger crypto ethics rules and a circuit breaker on stablecoin yields. However, the latest additions were not enough to move the needle.　　In a Monday letter to the Senate Banking

09-16Industry

Robinhood Engineers Charged Over Alleged Crypto Listing

U.S. prosecutors charged two Robinhood engineers with fraud over an alleged scheme to trade on confidential information about upcoming cryptocurrency listings.　　The case centers on trades made through Hyperliquids perpetual futures market. Hefu Chai and Huaisong Xiang allegedly used nonpublic information from Robinhood Crypto to take positions in tokens before the exchange announced their listings.　　Prosecutors said each engineer made more than $50,000 from the alleged trades.　　Alleged Use of Confidential Data　　According to the complaints, Chai and Xiang had access to confidential listing information through their engineering roles at Robinhood. Prosecutors allege they used that information to trade tokens before the listings became public.　　Related: How US Authorities Tracked $1.5 Billion in Iranian Oil Crypto Flows　　The trades were made through Hyperliquids perpetual futures market, which allows traders to take positions on cryptocurrency prices without owning the underlying tokens.　　The charges are allegations, and both defendants are presumed innocent unless proven guilty. Chai is facing proceedings in California, while Xiang is expected to appear in federal court in Manhattan.　　Potential Penalties　　The Justice Department charged both men with commodities fraud and wire fraud. Commodities fraud carries a maximum sentence of 10 years in prison, while wire fraud carries a maximum of 20 years, if they are convicted.　　Prosecutors alleged

09-16Industry

XRP Ledger Batch V1.1 Nears Activation After Security Rebuild

The bug could have let a malformed signer setup pass validation without requiring the private keys of every other account involved.　　The XRP Ledgers Batch V1.1 amendment is one validator vote short of reaching the 80% threshold needed to begin its 14-day activation countdown, after a security rebuild that followed a critical flaw in the original version.　　The revised code has gone through senior engineering review, adversarial testing, two external security reviews, and AI-assisted analysis before its current validator vote.　　Batch V1.1 Reaches Final Vote Before Activation Countdown　　RippleX developer Mayukha Vadari said the amendment shipped with xrpld 3.3.0 and is now up for voting. The update replaces Batch V1.0, whose signature-validation bug was found in February while the amendment was still pre-mainnet, meaning no funds were at risk.　　The original flaw involved an early return in the checkBatchSign function. If a signer account did not yet exist on the ledger, validation could return success without checking the remaining signers. That could have allowed transactions to be executed on behalf of other accounts without their private keys.　　Batch V1.1 removed that flaw and also addressed several other issues found during the rebuild. The process included review by four senior engineers, a Sherlock Batch Attackathon, a Halborn

09-16Industry

Japanese Yen slips as Oil lifts yields ahead of the Fed

USD/JPY trades near 155.20 on Tuesday, rising for a second straight day and pulling away from the roughly seven-month low it set last week. A firmer US Dollar (USD) is doing the work, helped by a sharp jump in Oil that has pushed US Treasury yields higher.　　West Texas Intermediate (WTI) Oil has surged more than 3% on Tuesday, and higher energy costs feed straight into inflation expectations, lifting yields and the safe-haven Dollar.　　The Federal Open Market Committee (FOMC) decides on Wednesday. Markets are leaning toward a 25 basis points (bps) rise to 3.75%-4.00%, the first move after five straight holds, with US Retail Sales for August due the same morning.　　Firm labor figures, including a pickup in the ADP employment gauge on its four-week average, have added to the hawkish case. A hike paired with guidance for more would extend the Dollars bounce.　　The Bank of Japan (BoJ) announces its policy decision on Friday, and markets widely expect a hike, with rates expected to move to 1.25%. Strong Japanese wage and growth data have firmed those bets, and speculators have trimmed their positions against the Yen since the summers intervention.　　Short-term technical analysis:　　On the 4-hour chart, USD/JPY trades at 155.18. The pair holds

09-16Industry

...

209211

...

1000