US Banks Join Forces to Build a Blockchain of Their Own

In briefThirty-nine state bankers associations formed the BankChain Alliance to develop blockchain infrastructure owned and governed by banks.The proposed network could support tokenized deposits, stablecoins, programmable payments, and automated settlement.The alliance has not selected a technology provider or disclosed its architecture, governance structure, or regulatory framework.  Thirty-nine state banking trade groups have formed the BankChain Alliance, a coalition planning a shared blockchain network for community and regional banks.  Announced Tuesday, the proposed network aims to support tokenized deposits, stablecoins, programmable payments, and automated settlement for thousands of U.S. financial institutions. It is targeting a 2027 launch but has yet to name a technology provider, blockchain, governance model, or participating banks.  Myriad: Crude oils next move? Click to make your prediction.  The alliance said the shared network would help banks of all sizes adopt blockchain-based services while maintaining existing regulatory standards.  “Through an unprecedented collaboration representing thousands of banks, BankChain Alliance is developing a secure, regulated, industry-built and industry-owned network that allows institutions of all sizes to provide modern capabilities so they can continue serving customers safely and efficiently in rural, urban and regional communities across the country,” Interim Chair of the BankChain Alliance, and Florida Bankers Association President and CEO, Kathy Kraninger said in a

13 hours agoIndustry

Solana Set a Record in Everything Except the Part Holders Care About

Cumulative Solana ETF inflows reached a record $1.22 billion this week, and Monday alone delivered $33.5 million. That was the largest single day of 2026 for the six US spot products.  The run stretched to five straight sessions. Onchain activity set its own record at the same time, yet SOL price is nowhere near its record highs.  Sponsored  Sponsored  Solana ETF Inflows Reach a Record $1.22 Billion  Farside Investors‘ data puts the cumulative net total across the US spot funds at $1.22 billion. Bitwise’s BSOL accounts for most of that figure.  BREAKING: Solana ETF cumulative inflows hit a record $1.22B. $33.5M came in Monday alone.  Concentration remains the caveat, however. BeInCrypto flagged the same single issuer concentration in mid-August, when weekly inflows jumped 70 times over.  Flows have swung hard all year. Solana and Chainlink products staged an April ETF inflow rebound before the summer lull, and one six-day stretch this month produced no net movement at all.  The funds began trading in late October 2025. Most of the cumulative total arrived in the first two months, after which the line flattened for roughly half a year. One product, Tuttles TSOL, has carried net outflows for almost the entire period.  Sponsored  Sponsored  Onchain Activity Climbs as Meme Coin Volume Returns  The network processed

13 hours agoIndustry

3 Things to Know About Revoluts New Euro Stablecoin

Revolut began rolling out EURR, its first euro-denominated stablecoin, on August 26. The launch starts with selected customers in Portugal, Poland and Denmark, with wider EEA availability planned later this year.  But for European users, the obvious question is why use EURR when Revolut already offers USDC — or when users can simply keep euros in their account?  Three Things We Know About Revoluts New Stablecoin  Revolut does not actually issue EURR.Bridge Building S.A., a Luxembourg-regulated company owned by Stripes Bridge, issues the token. Holders can redeem EURR with Bridge at €1 per token.  Sponsored  Sponsored  Also, its clearest difference from USDC is currency exposure.USDC tracks the US dollar, so its value in euros moves with EUR/USD. EURR tracks the euro, letting users move euro-denominated value onto Ethereum or Polygon without first taking dollar exposure.  However, this is still a tiny rollout.Bridges reserve page showed just 374 EURR in circulation at launch, backed by €374 in cash deposits. That makes EURR closer to a controlled pilot than an established rival to USDC.  Note: Stablecoins have become the most in-demand product for banking platforms. In fact, 39 US banking groups are currently developing their own stablecoin network.  What Revolut Still Hasnt Explained  The biggest unanswered question is why the average Revolut

13 hours agoIndustry

Hyperliquid group asks CFTC to allow energy perpetuals

Hyperliquid Policy Center and trade[XYZ] have asked the CFTC to permit regulated perpetual contracts tied to WTI crude, Brent crude, and Henry Hub natural gas after their markets recorded more than $500 billion in cumulative volume.  Hyperliquid Policy Center and trade[XYZ] said in an Aug. 26 joint filing that U.S. regulators can bring energy perpetual contracts into regulated markets without waiting for new legislation.  Submitted in response to a Commodity Futures Trading Commission review, the letter calls for a legal path covering contracts linked to West Texas Intermediate crude, Brent crude, and Henry Hub natural gas. trade[XYZ], the first major third-party market deployer on Hyperliquid, has offered such products since October 2025.  Its markets have generated more than $500 billion in cumulative trading volume, according to the filing, which cited Bloomberg. The figure covers several asset classes available through trade[XYZ], including its energy products.  Unlike dated futures, perpetual contracts do not expire. Traders instead make recurring funding payments designed to keep each contract close to the price of its reference asset, allowing a position to remain open without being transferred into a new delivery month.  Energy perpetuals could fill weekend hedging gaps  Continuous access formed a central part of the groups case, particularly when geopolitical events

14 hours agoIndustry

A 2,712 BTC treasury company just lost its Bitcoin strategy chief with no successor named

The Smarter Web Company, which reported holding 2,712 BTC earlier this month, said Jesse Myers, Head of Bitcoin Strategy, will leave on Sept. 1 while its Bitcoin Treasury Policy remains unchanged under board oversight.  Related Asset Bitcoin #1 BTC · $78,474.23 24-hour change: down 0.58% 24H Down 0.58% 7D Up 14.99% 30D Up 20.79%  The Aug. 25 notice did not give a reason for Myers‘ departure, name a successor or say how his responsibilities would be reassigned. Those unanswered questions matter because Myers held a documented operational role in the company’s Bitcoin strategy.  In January, Smarter Web identified Myers as part of the senior executive team responsible for day-to-day management of the group. His remit included implementing the treasury strategy, improving Bitcoin per share, managing its data and analytics repository, and producing investor materials and relations work.  The board, however, retains overall authority for management, strategy and risk. Smarter Web said directors regularly review the Bitcoin Treasury Policy and monitor the companys market value relative to its Bitcoin holdings when considering capital deployment.  That leaves the strategic accountability clear but the operating handoff unresolved. Neither the departure notice nor the company‘s current team roster identifies who will take over Myers’ duties after Sept. 1. That

14 hours agoIndustry

Charles Hoskinson Says Cardano Will Win, But With Ethereums Help

Cardano founder Charles Hoskinson says the network will “win this fight,” as ADA rebounds 26% and criticism of the ecosystem grows louder. He also revealed that cooperation with Ethereum developers could produce a working integration within months.  The comments offer Hoskinsons clearest answer yet to claims that Cardano is losing relevance.  Sponsored  Sponsored  Hoskinson Pushes Back Against Cardano Critics  During a recent interview on The Breakdown with David Gokhshtein, Hoskinson addressed mounting criticism of Cardanos ecosystem directly.  That criticism has intensified following ADAs sharp decline from previous market highs, alongside ongoing governance disputes and struggles affecting some ecosystem projects. Some observers have questioned whether Cardano can maintain its position among leading crypto networks.  “It‘s 2026, and we’re still talking about Cardano. We‘re still inviting Charles to conferences, treating Cardano as newsworthy, accepting its sponsorship money, and giving it airtime on podcasts. Then we wonder why this industry struggles for credibility. We deserve the reputation we have. No serious industry keeps rewarding irrelevance like this,” ARK Invest’s Lorenzo Valente previously noted on X.  Hoskinson rejected that narrative, continuing to encourage the community to focus on the networks long-term potential rather than short-term price action. He has previously stated his ambition for ADA to eventually become the largest crypto by

14 hours agoIndustry

77% of Americans see crypto in retirement plans as risky: Survey

More than three-quarters of Americans view cryptocurrency in workplace retirement plans as risky, as concerns over retirement security mount across the United States, according to a new survey from The National Institute on Retirement Security.  The survey found that 77% of Americans consider crypto in workplace retirement plans risky, including 46% who view it as very risky, while 53% oppose employers offering crypto as an investment option.  The skepticism comes as 80% of respondents said the US faces a retirement crisis, up from 67% in 2020, while 61% expressed concern about achieving financial security in retirement.  Affordability pressures are also weighing on retirement savings, with 68% saying it is becoming harder to prepare for retirement and 77% saying debt prevents them from saving adequately.  The survey was conducted by Greenwald Research between Oct. 24 and Nov. 14, 2025, and included 1,203 Americans aged 25 and older, with results weighted by age, gender and income.  Americans view of crypto in retirement plans. Source: National Institute of Retirement Security  Related: Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak  US policymakers move to broaden alternative assets in 401(k)s  While the report indicates Americans broadly view crypto as risky for retirement, the Trump administration and federal regulators

14 hours agoIndustry

Students want crypto classes but learn on social media: OKX survey

While most US college students want schools to teach crypto and blockchain, in the absence of courses, social media remains their leading source of crypto education, according to a study commissioned by crypto exchange OKX.  A survey this month found that 90% of students and 87% of parents supported teaching the subjects in college. About 27% of students and 32% of parents said the instruction should be mandatory.  Demand appears to outpace formal coursework. A separate 2025 review of 533 US universities with accredited business schools found that about 28% offered blockchain courses.  Among students surveyed by OKX, 33% identified social media or influencers as their most important source of crypto information, nearly five times the number who cited schools, teachers or professors. Crypto platforms and apps were the leading source among parents, at 21%.  OKX surveyed 500 students and 500 parents through Pollfish, an online platform that distributes surveys to users of third-party mobile apps. Respondents were not recruited from OKX‘s customer base. OKX did not disclose the survey’s weighting, margin of error or respondents crypto ownership rates.  Related: My First Bitcoin ends El Salvador program, pivots to global BTC education

14 hours agoIndustry

Solana Treasury Firm Invites Investors to Look 'Beyond the Price of SOL'

In briefDeFi Development Corp launched State of Solana, a free public dashboard tracking Solana price, staking yields, validator distribution, and live network throughput.The company holds 2,294,576 SOL worth roughly $208 million as of August 10, making it the second-largest Solana treasury behind Forward Industries.DFDV shares trade near $4.50, down about 16% year to date and down more than 70% over the past 12 months.  DeFi Development Corp announced the launch of State of Solana on Wednesday, a public data and research platform that pulls Solana market, network, staking, and ecosystem metrics into one dashboard.  The Boca Raton company was the first U.S. public company to build a treasury strategy around accumulating Solana‘s native token SOL. It’s now complimenting its treasury with a free data product centered on the Solana network.  Myriad: Solanas next price move? Click to make your prediction.  “We have spent a lot of time explaining why we believe Solana is one of the most important networks in crypto, but that thesis extends far beyond the price of SOL,” Pete Humiston, Chief Marketing Officer of DeFi Development Corp, said in the launch announcement. “State of Solana gives investors and ecosystem participants a way to see the underlying data for themselves.”  The dashboard tracks

14 hours agoIndustry

COIN Price Prediction: Goldman Lifts to $196, But the $191 Ceiling Will Decide the Next 30 Days

Peter Zhang  Aug 26, 2026 10:26  COINs tokenized stock is pressing against its $191.46 immediate resistance at $185.33, with smart money running a 64.7% long bias and Goldman Sachs raising its target to $196 — a clean break here …  Market Context: Why COIN Is Moving Now  Let‘s be blunt about where this stands. Coinbase just posted one of the ugliest quarterly reports in its history as a public company — Q2 2026 revenue came in at $1.22 billion, an 18.5% year-over-year collapse that missed the Street’s $1.29B estimate by nearly $73 million. The non-GAAP EPS loss of $1.36 against a consensus of -$0.44 wasnt a miss, it was a crater. Transaction revenues fell 21.6% YoY to $599 million, subscription and services revenue dropped 12.2%, and the company burned down to $8.6 billion in cash — a 24% drawdown from year-end 2025. The stock was punished accordingly, flushing from the $160s into the $140s before the recovery began.  So why is COIN trading at $185.33 today, up nearly 28% from its August 18 lows? One word: Washington. President Trumps direct call for Congress to pass a “fair version” of the CLARITY Act — with Coinbase CEO Brian Armstrong sitting in the room at the White

15 hours agoIndustry
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