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Richard Teng Says Binance Is Not Accused: So Why the $61 Million Seizure？

Richard Teng, Binances co-CEO, said on Tuesday that a US forfeiture case over Iranian oil money was not filed against the exchange and does not allege any wrongdoing by it.　　Prosecutors in Manhattan brought the case on Monday, seeking about $61 million in cryptocurrency they say came from black market sales of sanctioned Iranian crude oil.　　What the DOJ Complaint Alleges　　The Department of Justice (DOJ) says two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts at Binance to launder the oil proceeds. BeInCrypto reported the forfeiture filing on Monday.　　Sponsored　　Sponsored　　Blessed Trust presents itself as a wealth management firm, Hexa Whale as a commodities broker. Prosecutors say a group of wallets they call Entity A moved more than $1.5 billion in Iranian oil money.　　Some funds reached Irans Islamic Revolutionary Guard Corps (IRGC), a military branch the US designates as a terrorist organization, the filing says.　　Deputy US Attorney Sean Buckley announced the action. Binance is not named as a defendant, and a civil forfeiture complaint is an allegation that is not proven until a court rules.　　What Binance Said　　Teng said Binance has zero tolerance for sanctions violations and did not permit transactions with sanctioned individuals.　　He said the exchange has cooperated with law enforcement since

09-15انڈسٹری

Why an AI Slowdown Could Collapse Under Commercial and US-China Pressure

In briefAnalysts question whether voluntary AI slowdowns can withstand competitive pressure.U.S.–China distrust complicates agreements on shared risks.Outside evaluators need independence, while governments need enforcement powers.　　AI companies promises to slow development could buckle under commercial pressure and U.S.–China rivalry without enforceable safety standards, Atlantic Council experts argue in an analysis published Sunday.　　The analysis examines who would enforce a slowdown and whether governments have the expertise to determine when increasingly powerful systems have become unsafe.　　Myriad: SPY high in September？ Click to make your prediction.　　“Voluntary commitments can be useful signals, but they are no substitute for independent oversight, measurable thresholds, and consequences when those thresholds are crossed,” wrote Konstantinos Komaitis, a resident senior fellow with the councils Democracy + Tech Initiative.　　Recently, OpenAI asked lawmakers whether rival AI developers could legally agree to slow development without violating anti-trust laws, following warnings from its chief scientist, Jakub Pachocki, that safeguards were insufficient to responsibly sustain full-speed development much longer.　　AI companies face competitive risks if they slow down alone and antitrust concerns if they coordinate. Cooperation between governments faces distrust, with Beijing fearing Washington could use safety rules to preserve its technological lead, wrote Kenton Thibaut, the councils senior resident China fellow.　　“China is skeptical of US

09-15انڈسٹری

Coinbase Announces! Critical Date Approaching for Bitcoin and Ethereum: $16.6 Billion at Risk!

Bitcoin, the leading cryptocurrency, is trading at $76,900 a day before the Feds September interest rate decision. While a cautious and downward trend prevails for $BTC, a new report has emerged from Coinbase.　　$16.6 Billion Worth of Options Approaching Expiration in the Crypto Market!　　While the market is monitoring the Fed and macroeconomic developments, the third-quarter options expiration date, which can affect prices, is also approaching.　　According to data shared by Coinbase Markets, there is approximately $16.6 billion in open positions in the Bitcoin and Ethereum options markets with days remaining until the expiration of third-quarter contracts.　　According to Coinbase Markets analysts, the significant weighting of call options over put options in both Bitcoin and Ethereum reflects investors expectations that prices could rise to higher levels.　　These options are expected to expire on September 25, 2026.　　$14.73 Billion Worth of Positions Held in Bitcoin Options!　　According to data shared by Coinbase Markets, the total in-depth value of Bitcoin options is approximately $14.73 billion, while the number of open contracts is around 186,000. The put/call ratio in Bitcoin is 0.52, indicating that long positions are stronger in the market.　　According to the data, the “maximum pain” price for Bitcoin is calculated at $72,000. The most concentrated call option positions

09-15

Arbitrum gets $10 ARB target from Standard Chartered

Standard Chartered has initiated coverage of Arbitrum‘s ARB token with a $10 end-2030 price target, arguing that revenue from enterprise chains such as Robinhood Chain could strengthen Arbitrum’s economics as financial firms move activity onchain.　　SummaryStandard Chartered initiated ARB coverage with a $10 end-2030 target, implying roughly seventyfold upside today.The bank forecasts ARB at $0.50 in 2026, $1.50 in 2027, and $3.50 in 2028.Robinhood Chain returns 10% of net protocol revenue to Arbitrum under its expansion program license.Arbitrum Foundation said expansion-program fees represented 35% of DAO income during July after Robinhood launched.Standard Chartered forecasts tokenized assets reaching $4 trillion by 2028 and equities reaching $750 billion.　　The Block reported on Sept. 15 that Geoff Kendrick, Standard Chartereds global head of digital assets research, set interim ARB targets of $0.50 by the end of 2026, $1.50 for 2027, $3.50 for 2028 and $6.50 for 2029 before reaching $10 in 2030. ARB traded around $0.13 when the note was published, making the final forecast roughly 70 times that level.　　The $0.50 figure circulating in some summaries is therefore not ARB‘s current market price. Market data on Sept. 15 put the token close to $0.13, with a market capitalization below $1 billion. Standard Chartered’s projections are

09-15انڈسٹری

7,000% Growth by 2030: Standard Chartered Predicts Arbitrum (ARB) to Hit $10

Banking giant Standard Chartered has unexpectedly shifted its attention away from the markets traditional heavyweights — Bitcoin and Ethereum — toward Arbitrums native utility token, $ARB, issuing a report with a long-term forecast for the asset.　　The banks analysts built a detailed mathematical model for the asset and forecast a 7,000% rise by the end of 2030 — from the current $0.14 to $10.　　The research shows that $ARBs fundamental valuation is changing dramatically as the market moves past the peak of major unlocks and traditional finance (TradFi) pours into the asset-tokenization sector.　　Arbitrum ($ARB) token allocation and vesting breakdown, Source: Cryptorank　　Over the past two years, tokenomics inflation has driven $ARBs price down by 90%. Its supply has grown to 5.8 billion tokens (58.45% of the total issuance), while selling pressure is still being felt today as a linear unlock of 14.4 million $ARB ($2.0 million) enters the market.　　However, the unlock schedule is entering a flatter phase: the period of large, price-destructive cliff unlocks is over.　　Arbitrum fell for two years due to inflation, but a contract with Robinhood changed everything　　The main driver of the blockchains new economy has been its integration with Robinhood Chain. In September 2026, Arbitrums monthly revenue soared to $5

09-15

Bitcoin needs to reach $82,900 to outrun a looming miner margin squeeze

Bitcoins August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part of that gain.　　Related Asset Bitcoin #1 BTC · $77,013.06 24-hour change: down 0.92% Loading price history… 24H Down 0.92% 7D Down 1.65% 30D Up 22.37%　　A mempool.space difficulty reading preserved at 20:24:22 UTC on Sept. 14 projected a 4.6976% increase at the next adjustment, with 661 blocks remaining and the retarget expected around 05:42 UTC on Sept. 19. Against the current difficulty of 127.4508 trillion, that would imply a new level near 133.44 trillion if the estimate holds.　　The immediate hurdle is simple. With Bitcoin at $79,158 in the same mempool.space reading, fees and other inputs held flat, BTC would need to reach approximately $82,877, or roughly $82,900, to offset a 4.6976% difficulty increase in dollar hashprice. That is a breakeven threshold, not a price forecast.　　The projection is not settled. Hashrate Indexs Sept. 14 mining roundup showed a 5.26% increase for the same expected Sept. 19 retarget earlier in the day. Each new block changes the pace calculation, and estimators can use different windows. The eventual protocol adjustment, rather than either projection, will determine the squeeze.　　A price-led recovery meets returning hashpower　　August shows

09-15انڈسٹری

Fin.com raises $20M to expand stablecoin payments

Fin.com has raised $20 million in seed funding as the New York payments startup expands infrastructure for moving stablecoins into local bank accounts and digital wallets.　　Fortune reported on Sept. 15 that the financing closed in August and was led by Expa and Uber cofounder Garrett Camp, with Coinbase Ventures, Tenet Fund, founders of Figure, Mesh founder Bam Azizi, Second Sight Ventures and investors linked to sovereign and royal family offices in the Gulf and Africa participating. Fin.com did not disclose its valuation.　　Founded by Nabeel Alamgir and Mustafa Dar, the company is building white-label payment infrastructure that lets businesses collect, convert and distribute money using a mixture of stablecoins and local banking rails. Its focus includes South Asia, Africa and the Middle East, regions the founders identified as central to the companys expansion strategy.　　Fin.com funding targets the stablecoin-to-fiat gap　　Fin.com‘s product focuses on a point in cross-border payments where blockchain settlement still depends on conventional financial systems: delivering digital dollars as spendable local currency. Alamgir described the company’s objective as solving the “last mile delivery problem,”referring to the process of moving funds from stablecoin rails into bank accounts and wallets.　　Through one API, Fin.com says businesses can accept bank transfers, international wires and

09-15انڈسٹری

Proposed stablecoin rules might guarantee your dollar while making you wait a week to spend it

When a stablecoin holder receives spendable bank dollars before the issuer redeems the token, a buyer or conversion provider has funded the early exit. If that party keeps the token, it must wait until resale or redemption to get its cash back.　　The Office of the Comptroller of the Currencys proposed redemption framework could give an issuer time to sell reserves in an orderly way while allowing secondary-market trading to continue.　　A Sept. 4 Federal Reserve staff analysis clarifies the issue by separating round-the-clock blockchain payment functionality from conversion into bank dollars. Its authors describe redemption timeframes as unsettled.　　The practical question for households and businesses is what happens between transferring a token and receiving money they can spend through their bank.　　A longer redemption window leaves trading open　　The OCCs proposed section 15.12 would set an ordinary redemption deadline of two business days following the request date, keeping faster redemption possible.　　However, demands exceeding 10% of outstanding issuance value in one 24-hour period would automatically extend the period to seven calendar days for outstanding and subsequent requests.　　During that extension, earlier redemption would require an OCC determination that it could proceed in an orderly, fair and transparent way, or notice that the extension no longer applied.

09-15

Non-Sports Prediction Market Volume Hits $10 Billion as Kalshi Pulls Away From Polymarket

Weekly trading volume in the non-sport categories across Kalshi and Polymarket reached a new high of $10 billion last week. Data from Artemis shows that this marked the sixth consecutive record week with Kalshi running away as clear leaders. Kalshi drew in $9.6 billion while Polymarket saw $344.2.　　It wasnt always this one sided, though. In fact, this trend is quite recent. Up until early June, the stacked bars were actually even. Zoom out further to last year, the trend was actually reversed, with Polymarket firmly in the lead. Kalshi now controls 96% of this category, up from something close to a coin flip from just three months ago.　　Four Retail Apps Do the Selling for Kalshi　　Kalshi now has an impressive distribution channel across various retail platforms. Robinhood, Coinbase, Webull and Moomoo all carry its contracts to a massive user base that never went looking for Kalshi in the first place. Polymarket on the other still do not have these mainstream channels that cater to a much broader audience than just crypto natives.　　What those brokerages merchandise under the non-sports tab matters more than the partner count. Webulls prediction markets page leads with Kalshi-powered hourly contracts on the S&P 500, Nasdaq, Bitcoin and

09-15

Binance launches 11-ETF wealth product for TradFi access

Binance has launched ETF Wealth Management on Sept. 15 with an initial lineup of 11 U.S.-listed funds focused mainly on Treasury securities and investment-grade bonds.　　SummaryBinance launched ETF Wealth Management with 11 U.S.-listed ETFs focused on cash management investment strategies.Users hold actual ETF shares while Alpaca handles execution, clearing, settlement and custody through brokerage.Binance groups ETFs into three horizons covering under six months through more than one year.Nest Trading routes securities orders to Alpaca Securities while Binance says it does not custody.Binance says ETF Wealth Management is not savings and offers no fixed returns to investors.　　According to Binances Sept. 15 announcement, the service sits within its Earn section and gives eligible users a dedicated channel for traditional-finance products focused on cash management and income-oriented strategies. Orders are placed through Binance Stock Trading, while customers receive the economic benefits attached to the ETF shares they hold.　　The launch expands a stock-trading service Binance introduced in June, when it opened access to more than 7,000 U.S.-listed stocks and ETFs for eligible customers. ETF Wealth Management narrows that larger product universe into a smaller group organized around different holding periods and fixed-income strategies.　　FT: CEE Energy Giant Orlen Lost $424 Million in Venezuela Oil Deal Involving

09-15انڈسٹری

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