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Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg

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The investigation is reportedly examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe.

Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again

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The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno.

Why Decentralized Systems Are Becoming Relevant to Drone Operations?

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Drones are becoming increasingly autonomous, connected, and data-intensive. What began largely as remotely controlled aerial imaging has expanded into a much broader technology ecosystem involving automated inspections, mapping, infrastructure monitoring, agriculture, security, logistics, and environmental observation.

This evolution creates a new challenge. The more drones operate as connected machines rather than standalone aircraft, the more organizations need reliable ways to manage identity, data, permissions, and interactions between multiple systems.

Most drone platforms today still rely heavily on centralized infrastructure. Flight records, sensor data, user permissions, maintenance information, and mission outputs may ultimately pass through systems controlled by individual organizations or service providers. That model can work well, but as drone ecosystems become larger and involve more stakeholders, decentralized technologies are becoming worth examining.

Blockchain and other distributed systems will not replace conventional drone infrastructure. Instead, their more practical role may be providing additional layers of verification, coordination, and trust around selected parts of drone operations.

The Growing Data Challenge Behind Drone Operations

Modern commercial drones can generate substantial amounts of operational information. Depending on their sensors and mission, this can include high-resolution imagery, video, thermal readings, multispectral data, location information, timestamps, inspection results, telemetry, and flight logs.

The value of this information often extends beyond the organization operating the aircraft. Consider an infrastructure inspection. A drone may inspect a bridge, power line, construction project, solar installation, or pipeline. The resulting information could potentially be reviewed by operators, engineers, contractors, asset owners, insurers, regulators, or maintenance teams.

This creates an important question: how can different parties establish confidence that a particular record came from an authorized source and has not been improperly modified?

Traditional databases address much of this problem through access controls and organizational governance. Distributed ledgers introduce another option: creating tamper-evident records that can be independently verified without requiring every participant to rely on one organization’s database. That distinction becomes increasingly relevant as machines participate more directly in digital workflows.

Creating Verifiable Records of Drone Data

One of the strongest potential intersections between blockchain and drones is data verification. Storing complete drone videos, photographs, or sensor datasets directly on a blockchain would usually be impractical. These files can be large, while distributed ledgers are generally not designed to function as high-volume media storage systems.

A more realistic architecture is to store the actual drone data off-chain while recording a cryptographic fingerprint, or hash, of the information on a distributed ledger. If the underlying file is later altered, its cryptographic fingerprint changes. Organizations can therefore compare a file against its previously recorded hash to determine whether it is identical to the original version.

For industries that depend on inspection records or historical evidence, that capability can be valuable.

Infrastructure inspections provide a useful example. Organizations increasingly use drone data collection for aerial inspection, mapping, monitoring, and data collection across construction, energy, agriculture, security, and other industrial environments. A verification layer could allow selected inspection records to be timestamped and independently checked later. The objective is not to put every piece of drone data on a blockchain. It is to establish provenance for information where proving origin and integrity matters.

How decentralized systems can verify and protet drone data? A practical model: capture data, create a cryptographic hash, record a tamper-evident reference, then enable authorized verification and sharing.

Drone Identity Could Become More Important

Data integrity is only one side of the problem. Device identity is another. As autonomous systems become more common, digital networks need reliable ways of determining which machine is requesting access, producing information, or initiating an action.

A drone could potentially be assigned a cryptographically verifiable identity containing references to relevant credentials. Depending on the implementation, that identity might help systems confirm whether an aircraft is authorized to participate in a particular workflow.

This concept is closely related to developments already occurring across connected-device ecosystems. Machine identity and authentication are becoming increasingly important as IoT devices begin interacting more autonomously. For drone networks, verifiable identity could eventually support interactions between aircraft, charging infrastructure, fleet-management systems, data platforms, and other connected equipment.

However, decentralized identity does not mean that operational or personally identifiable information needs to become publicly visible. Privacy-preserving architectures can separate verification from disclosure, allowing a system to prove that a credential or authorization exists without exposing every underlying record.

Building Better Audit Trails

Autonomous operations introduce an accountability problem. When a human manually performs every action, organizations can often trace responsibility through conventional logs and procedures. When software makes more operational decisions, maintaining trustworthy records of what happened becomes increasingly important.

Distributed systems can provide an additional audit layer. A drone ecosystem could, for example, create verifiable records showing when a mission was initiated, which authorized system issued an instruction, when certain data was captured, and when records were subsequently accessed or transferred.

For drone operations, this principle could become increasingly relevant as autonomy grows: important machine activity may need records that can be verified independently rather than relying solely on the infrastructure that executed the workload.

Smart Contracts and Automated Workflows

Another potential application involves smart contracts. Smart contracts are programs deployed on blockchain networks that execute predefined actions when specified conditions are satisfied. In a drone ecosystem, they could potentially automate administrative processes surrounding a mission.

Imagine an infrastructure inspection performed by a drone service provider. The drone completes a predefined inspection route. Mission completion is verified by the relevant system. Required data is uploaded to approved storage. A digital record confirms completion. A smart contract could then trigger the next authorized step in the workflow. That action might involve notifying another participant, updating an asset record, granting controlled access to inspection data, or initiating a payment process. The important distinction is that blockchain would not be flying the drone. Flight control and safety-critical functions should remain within systems designed for real-time aviation operations. The distributed layer would instead coordinate certain digital processes around the mission.

Multi-Organization Drone Networks

Decentralized systems become particularly interesting when several independent organizations need to interact. A drone operation may eventually involve aircraft manufacturers, operators, infrastructure owners, maintenance companies, software providers, regulators, insurers, and data-analysis services.

A purely centralized model requires participants to agree on who operates the authoritative database. Distributed architecture offers another model in which authorized participants can share selected records while retaining their own systems.

This does not necessarily require a public, permissionless blockchain. Enterprise drone applications may be better suited to permissioned or hybrid networks where participation and data visibility can be controlled. The broader goal is interoperability: allowing organizations to verify shared information without surrendering control of all their internal data to a single intermediary.

Decentralized Infrastructure and Machine-to-Machine Interaction

The longer-term implications become more interesting when drones are considered alongside IoT, edge computing, artificial intelligence, and machine-to-machine communication. Connected devices are gradually gaining the ability to authenticate, exchange information, request services, and perform automated transactions.

A future autonomous drone might interact with digital infrastructure throughout a mission. It could authenticate itself to a service, submit verified sensor information, receive permission to access a resource, or coordinate with another machine. Distributed infrastructure could provide a common trust layer for some of these interactions.

Drones are particularly relevant to this trend because they combine physical mobility with sensors, connectivity, AI, and increasingly autonomous decision-making.

Decentralization Does Not Solve Every Problem

Despite the potential applications, blockchain should not be treated as a universal solution for drone technology. Distributed networks introduce their own trade-offs.

Scalability is one. Drone fleets can generate far more information than most blockchain networks should reasonably process directly. Latency is another. Aviation systems frequently require immediate responses, while blockchain confirmation times can vary.

Privacy also requires careful architecture. Drone imagery and operational data can contain commercially sensitive, security-related, or personally identifiable information. Making such information permanently visible on a public ledger could create serious problems.

Cybersecurity remains important as well. Blockchain can help demonstrate whether a recorded piece of information has changed, but it cannot guarantee that a sensor captured accurate information in the first place. Secure hardware, communications, access controls, software development, and operational procedures remain essential. Finally, drone operators must work within aviation, privacy, cybersecurity, and data-governance requirements that vary by jurisdiction. For these reasons, practical implementations are more likely to be hybrid systems rather than fully decentralized drone platforms.

The Most Realistic Path Is Hybrid

The future of decentralized drone infrastructure will probably not involve replacing cloud platforms, conventional databases, or existing fleet-management software. Instead, different technologies can perform the functions they handle best.

Drones and edge devices can manage real-time sensing and operational decisions. Cloud infrastructure can process and store large datasets. AI systems can analyze imagery and sensor information. Traditional databases can support high-speed application requirements.

A distributed ledger can then provide verification, shared auditability, digital identity, or automated coordination where those capabilities provide a genuine advantage. This architecture avoids using blockchain simply because it is available.

The relevant question is not whether drone operations should become decentralized. It is which parts of a multi-party drone ecosystem benefit from decentralized verification and which parts should remain conventional.

Potential value is strongest where drone-generated information crosses organizational boundaries
Potential value is strongest where drone-generated information crosses organizational boundaries in infrastructure, utilities, agriculture, construction, security and environmental monitoring.

A New Trust Layer for Autonomous Systems

Drones are becoming part of a much larger network of intelligent machines. As that transition continues, the technical challenge will extend beyond making aircraft fly farther or collect better imagery. Organizations will also need mechanisms for establishing trust between machines, data platforms, service providers, and institutions.

Decentralized systems offer one possible layer for creating that trust. Cryptographic data verification could strengthen the provenance of important drone records. Digital identities could help authenticate machines. Distributed audit trails could make autonomous activity easier to verify. Smart contracts could automate selected multi-party workflows.

None of these applications requires putting an entire drone operation on a blockchain. The more practical future is likely to involve selective decentralization: using distributed infrastructure where independent verification, shared trust, and automated coordination provide measurable value while leaving safety-critical flight operations and large-scale data processing to technologies designed specifically for those tasks.

As autonomous drones, AI, IoT, and Web3 infrastructure continue to develop, their intersection may ultimately be less about cryptocurrency and more about something fundamental to autonomous systems: establishing who or what can be trusted when machines increasingly communicate and act on their own.

Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Who Needs CLARITY Anyway? ARB Could See 70X Increase: Hodler’s Digest

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CLARITY vote fails, long live CLARITY

After a year’s buildup, the US Senate failed to pass a cloture motion on the Digital Asset Market Clarity (CLARITY) Act.

The motion received just 49 votes in favor and 50 against, well short of the 60 votes required.

However, Republican Senator Thom Tillis’s “no” vote was not all it seemed, and he confirmed he’d only switched sides at the last minute to enable him to call a new vote in future.

So does that mean the CLARITY Act could be resurrected? The GENIUS bill suffered a similar failed vote on cloture and then went on to pass just 11 days later.

While there is a small chance that CLARITY could still pass,the politics and the number of legislative days available suggests it’s unlikely.

Congressman Shri Thanedar, a Democrat who supported CLARITY in the House, told Magazine the timeline was a “major barrier.”

“There are only 20 legislative days left in this Congress, all of them after the midterms, making odds of a 2026 compromise, unfortunately, very low.”

Seven Democratic senators who had voted against the bill — claimed they “remain committed” to passing it. At some point. “We were ready to strike a deal today and in discussions right up until the vote. Republican leadership shut it down at the very last minute,” said Sen. Angela Alsobrooks.

NEAR chief legal officer Abhishek Vaidyanathan noted the House had already cancelled two sitting weeks and that the Senate’s state work period began October 5.

“Now that cloture failed, the next Congress is the likely next opportunity to address crypto market structure,” he said.

SEC Chair proposes new rules in absence of CLARITY

After the failed vote, Ripple CEO Brad Garlinghouse predicted that US regulators will “continue to work hard to issue rules to fill the legislative gap.”

The industry didn’t have long to wait with the US Securities and Exchange Commission announcing just two days later a five year long exemption allowing limited trading of tokenized US stocks on decentralized public blockchains.

The Innovation Exemption allows tokenized stock trading using automated market makers and exempts them from having to register as securities exchanges.

However the new rules do not exempt “synthetic” stock tokens that do not provide holders with all the same rights as traditional stocks. This is bad news for pretty much all of the stock tokens issued by xStocks and Robinhood to date.

CFTC swoops in to propose new crypto rules

The Commodity Futures Trading Commission also announced regulatory relief for “passive software” providers that connect users to regulated derivatives firms and exchanges.

It issued a no-action position stating it would not recommend enforcement against qualifying providers or their personnel for failing to register as introducing brokers or associated persons when facilitating trading with CFTC-registered firms and exchanges.

The position could make it easier for crypto wallets and other apps to offer access to regulated derivatives, including perpetual contracts and prediction markets.

The CFTC has also submitted draft crypto rules to the White House called the “Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets.” The action is listed at the “prerule” stage meaning it has not yet been formally proposed.

Coinbase this week filed an application with the CFTC to offer 24/5 perpetual futures trading to individual US stocks. Kalshi filed a very similar proposal on the same day.

House committee votes yes to Bitcoin Reserve

The American Reserve Modernization Act of 2026 passed the US House Committee on Financial Services this week. It would formalize the current executive order establishing a Strategic Bitcoin Reserve in law. A Digital Asset Stockpile containing other forfeited cryptocurrencies would also be held within the Department of the Treasury.

The legislation requires all federal agencies to provide a full audit of digital assets they hold and orders them to provide quarterly “proof of reserve” reports.. 

It would also direct a study of budget-neutral acquisition strategies for buying additional Bitcoin for the reserve. Bitcoin Policy Institute executive director Connor Brown on Wednesday called it a “genuinely historic step for Bitcoin policy.”

The US House Ways and Means Committee also passed the Digital Asset Tax Certainty Act with bipartisan support, advancing legislation aimed at reshaping the federal tax treatment of digital assets.

Revolut’s $3 million ransom demand highlights dangers of ID storage

The theft of sensitive customer data including passports and KYC selfies from Revolut took a turn for the bizarre when a second hacker demanded a $3 million ransom.

Calling themselves “IAmNotAVillain” the actor publicly demanded 6,000 Monero from Revolut within 24 hours or it would sell the customer records to criminal groups. 

Earlier a group calling itself “Revolut Smilik” had demanded 10,000 Bitcoin, worth about $780 million, for the data. IAmNotAVillain suggested the demand came from a former associate who only had a small sample of the data.

The theft highlighted the dangers of mandating KYC checks that result in thousands of companies storing ID documents all over the web, which act as honeypots for hackers.

Frustratingly, it’s now possible to verify identity using zero knowledge proofs without sending any identity documents to third parties at all, but the technology is not yet in wide use.

Winners and Losers

At the end of the week, Bitcoin (BTC) is up 5.9% to trade at $81,185, Ethereum (ETH) is up 6.6% to trade at $2,639 and XRP (XRP) is up 5.4% to $1.40. The total market cap is at $2.78 trillion according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin winners of the week are NEAR Protocol (NEAR) with a 76.4% gain, Arbitrum (ARB) on 64.3%, and Ethena (ENA) on 61.6%.

The top three altcoin losers of the week are Stable (STABLE) which was down 11.6%, Pi (PI) down 11.3% and SPX6900 (SPX) down 1.8%.

Prediction of the Week

Standard Chartered says Arbitrum could increase 70X by 2030

Standard Chartered says layer-2 network Arbitrum’s price could reach as high as $10 by 2030. From current levels, that would represent a roughly 70-fold increase, far exceeding Standard Chartered’s projected returns for Bitcoin (BTC) and Ether (ETH) over the same period.

Geoff Kendrick, Standard Chartered’s global head of digital assets research, said Arbitrum’s economics offer considerable upside because the network receives 10% of the net protocol revenue generated by companies building on it with Robinhood Chain being the first major example. Robinhood fees will push Arbitrum’s September revenue to $5 million, which is a five fold increase from before Robinhood Chain launched in July.

Kendrick said the biggest risks to his ARB price projection include “a slower-than-expected pace of asset tokenization and more competition from alternate blockchains.”

Top FUD Of The Week

State hackers drive 420% surge in onchain malware, Chainalysis finds

State-linked hackers accounted for roughly two-thirds of new activity each quarter as the number of times attackers stored malware instructions or infrastructure information on public blockchains rose 420% over the past 12 months, according to a Chainalysis report. 

Chainalysis identified North Korea and Iran-linked operators among the state actors adopting the technique. The analytics firm also connected previously unattributed activity spanning Tron, Aptos and BNB Smart Chain (BSC) to UNC5342, a North Korea-linked group tracked by Google Threat Intelligence. 

Chainalysis said using public blockchains increases the durability of malware campaigns because the stored information remains accessible after domains, servers or code repositories are taken down. 

BIS paper finds major gap in Bitcoin onchain transfer estimates

Researchers at the Bank for International Settlements found that estimates of Bitcoin onchain transfer values can vary by as much as sixfold depending on how transactions are measured.

The sixfold gap reflects differences between measurement methods, including how change outputs and other transfers back to the sender are treated.

The measurement problem also extends to Bitcoin’s market capitalization. The researchers found that the conventional measure has at times been as much as four times higher than realized capitalization, which values each coin at the price when it last moved.

Hong Kong jails ex-banker over $1.6B false credit, cryptocurrency bribes

A former bank official in Hong Kong who falsely authenticated letters of credit for more than $1.6 billion was sentenced to four years in prison and ordered to make restitution of more than $470,000 he received in cryptocurrency bribes.

Lam Chun-yin, 32, who was a customer relationship manager at China Construction Bank (Asia), had previously pleaded guilty in District Court, The Standard reported on Saturday.

Top Magazine Features of the Week

Is there any chance left to save the CLARITY Act?

CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing.

Bitcoin treasury firms can outperform BTC… but is the risk worth taking?

Bitcoin treasury companies promise to amplify returns over investing in Bitcoin alone, but does the potential upside outweigh the risks to the downside?

Revolut ID thefts highlight KYC’s dangers: Here’s how to fix it

Zero-knowledge technology could let companies verify who you are without storing your identity documents. So why isn’t it already standard practice?

Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.

Italian Crypto Education Project Crypto Mentor Expands to the U.S.

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ITALY, September 20, 2026 — Crypto Mentor, an Italian educational project created to make cryptocurrency and blockchain easier to understand, has expanded into the United States with the release of “Cryptocurrency for Beginners 2026.”

Crypto Mentor was developed around a straightforward idea: people interested in cryptocurrency should be able to understand its fundamentals without first having to navigate highly technical terminology.

The project combines educational books, online content and informational resources aimed primarily at beginners seeking to understand Bitcoin, blockchain technology, crypto wallets, digital security and the broader cryptocurrency ecosystem.

Following the publication of the Italian edition, “Criptovalute per Principianti 2026,” the new English-language book represents another stage in the project’s international development.

Rather than telling readers which cryptocurrencies to buy or making predictions about financial returns, Crypto Mentor focuses on understanding the technology, terminology and risks associated with the sector.

Digital security is also a central part of the project’s educational approach, including wallet protection, credential security, scam awareness and responsible use of cryptocurrency services.

“Crypto Mentor started with a simple belief: people should not feel excluded from cryptocurrency simply because the language surrounding it seems too complicated,” said Cristian Casazza, founder of Crypto Mentor. “Before talking about investing, we should talk about knowledge, security and awareness.”

Crypto Mentor is continuing to develop its Italian and English educational platforms, with additional learning resources planned as the project grows internationally.

About Crypto Mentor

Crypto Mentor is an Italian cryptocurrency and blockchain education project focused on making complex topics accessible to beginners through books, digital content and educational resources.

Website: global.cryptomentor.it
Italian website: cryptomentor.it
Media Contact: Cristian Casazza — info@cryptomentor.it

Crypto Mentor provides educational and informational content only and does not provide financial or investment advice.

Source: Crypto Mentor

Submit Your Blockchain and Crypto Press Release here.

Disclaimer: This is a press release, provided by the company/ company representative. AlexaBlockchain does not endorse, guarantee, or accept responsibility for the content, accuracy, quality, advertising, products, or other materials presented in this publication. Readers are advised to conduct their own due diligence before taking any actions related to the company mentioned herein. AlexaBlockchain expressly disclaims any liability for damages or losses, whether direct or indirect, arising from or related to the use of or reliance on any content, goods, or services referenced in this press release.

Anthropic picks Accenture as embeded evaluator

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Anthropic said it has chosen Accenture as its first embedded evaluator to help slow the pace of AI development as proposed last week by CEO Dario Amodei.

Amodei published a three-step proposal on Sept. 12 to slow the development of AI and allow safeguards to be put in place amid warnings of a potential for catastrophic harm in the wake of swift, unchecked development.

OpenAI CEO Sam Altman and SpaceX CEO Elon Musk responded positively to Amodei’s proposal, although Nvidia CEO Jensen Huang did not, arguing that such regulation was not necessary.

Still, Amodei wrote in his proposal that “AI has been advancing drastically faster, driven primarily by AI’s growing ability to build the next generation of AI. This dynamic is called recursive self-improvement,” and “left unchecked, it could outrun our ability to understand and control these systems.”

Related: Anthropic chief urges slowdown in AI development to safer pace

The first step in Amodei’s proposal is having independent evaluators with employee-like access, to which Anthropic had already unilaterally committed, Amodei wrote.

Anthropic announced a move toward fulfilling this commitment on Friday by partnering with Accenture and its AI business Faculty in “evaluating and red-teaming models, conducting alignment assessments and testing model safeguards.”

Details of how this will happen are still being worked out, as embedded evaluation is new, the company said.

Anthropic and Accenture each expect to invest at least $1 billion in the project over the next five years, according to the announcement.

Anthropic will fund work directly amid urgency

Anthropic noted that there is also no existent system for funding independent evaluation, so long-term funding should come from pooled or government sources, though given the urgency of the work, Anthropic will fund Accenture’s work directly.

The partnership is non-exclusive, and Anthropic expects to announce other evaluators in forthcoming weeks with which it will also work.

Accenture’s Faculty is expert in testing and evaluating models for some of the world’s leading AI labs and building complex AI systems that are safe and ethical by design, the company said on Friday.

“Embedded evaluation is an emerging area, and we look forward to partnering with Anthropic to help accelerate the development of embedded evaluators, which we see as an important part of the safety landscape going forward,” said Julie Sweet, chair and CEO of Accenture. 

Magazine: Why are AI’s biggest companies suddenly asking to slow down?

Trump says US will form AI Force

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US President Donald Trump said that he plans to create an “AI Force” and appoint an artificial intelligence czar.

Trump posted on Truth Social on Saturday that his new project would manage the fast-growing sector without adding regulations that could slow innovation, according to Newsweek and other media.

“For this purpose, I am forming the AI Force, much like I did Space Force, which has been a tremendous SUCCESS, in my First Term,” the president wrote. “To that end, I will be announcing, in the near future, the AI ‘Czar’ — Only High I.Q. individuals need apply!”

Trump did not say whether the AI Force would be a military command, a civilian agency or a department, the New York Times noted, adding that White House officials did not respond to an email seeking clarification.

Trump’s post comes amid warnings of AI’s potential dangers

Trump offered no further details or timeline for the plan, the BBC said, noting that his post had come amid warnings about the potential dangers of AI.

Cointelegraph reported on Sept. 12 that Anthropic CEO Dario Amodei had written a three-step proposal to pace the speed of AI development that if left unchecked, might “outrun our ability to understand and control these systems.”

On Sunday, Anthropic said it had chosen Accenture as its first embedded evaluator to help moderate the pace of AI development, moving ahead with the first step outlined in Amodei’s proposal, Cointelegraph said.

OpenAI CEO Sam Altman and SpaceX CEO Elon Musk responded positively to Amodei’s proposal, although Nvidia CEO Jensen Huang did not, arguing that such regulation was not necessary.

Magazine: 10 of the greatest unsolved crypto mysteries

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Shardeum Integrates Houdini Swap | AlexaBlockchain

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India, September 20, 2026: Shardeum today announced its integration with Houdini Swap, a non-custodial, cross-chain swap aggregator, making SHM easier to reach from more than 100 chains. With the integration, SHM holders, Shardeum community members, and users new to the ecosystem can swap SHM with supported tokens through one interface instead of moving funds across several bridges and exchanges.

The integration is part of Shardeum’s effort to make SHM easier to get, wherever a user’s assets are today. Houdini Swap does not run its own exchange or hold user funds. It finds routes across decentralized exchanges, cross-chain solvers, bridges, and non-custodial exchange partners, so users can choose options that prioritize cost, speed, or added privacy.

Nischal Shetty, Cofounder, Shardeum said, “Access has always been one of the biggest hurdles for anyone joining a new network. Our focus is to make getting SHM as simple as possible, wherever a user’s assets are today. With this integration, someone holding stablecoins or tokens on another chain can reach Shardeum in a single swap, without learning a new set of bridges and exchanges. It lowers the barrier for newcomers and gives our existing community more flexibility.”

What the integration offers SHM users

  • Cross-chain swaps with added privacy: Swap SHM with supported tokens across 100+ chains while reducing the direct on-chain link between the sending and receiving wallets. The approximate minimum is 25 USDT equivalent.
  • Swaps without connecting a wallet: Swap SHM without connecting, approving, or signing with a wallet on Houdini. Users send funds to a generated deposit address, and the requested token is delivered to their chosen receiving address. The approximate minimum is [50] USDT equivalent.
  • Private transfers: Send crypto to another wallet without creating an obvious direct on-chain connection between sender and recipient.
  • Payment links (HoudiniPay): Create a shareable payment link with a set amount, token, and receiving address. The payer can use a supported token and network, and the recipient gets their selected token without sharing their wallet address directly.

“We’re excited to partner with Shardeum and bring SHM to Houdini Swap,” said spokesperson for Houdini Swap. “Our goal is to give users flexible, non-custodial ways to move value across chains, with the option of more privacy when they want it. This integration brings those options to the Shardeum community and makes the network easier to reach from across the ecosystem.”

Getting started

A step-by-step guide is available on the Shardeum blog at https://shardeum.org/blog/houdini-swap-cross-chain-shm/

You can start swapping here: https://app.houdiniswap.com/?amount=60&tokenIn=USDT&tokenOut=SHMShardeum

For builders and ecosystem partners

Projects building on Shardeum can add Houdini’s swap features directly to their dApps using the Houdini API. Integration guides are available at https://docs.houdiniswap.com/developer-hub/overview/what-you-can-build, and the API reference is at https://docs.houdiniswap.com/api-reference/tokens/search-tokens.

About Shardeum
Shardeum is a Layer 1 blockchain building the foundation for a homegrown on-chain ecosystem. Let’s build dApps for India—applications that are affordable, accessible, and designed for the needs of a digital-first population. By enabling developers and users to move beyond exchanges onto decentralised networks, Shardeum aims to unlock the next phase of Web3 adoption in India. For more information, visit https://shardeum.org/

Source: Shardeum

Submit Your Blockchain and Crypto Press Release here.

Disclaimer: This is a press release, provided by the company/ company representative. AlexaBlockchain does not endorse, guarantee, or accept responsibility for the content, accuracy, quality, advertising, products, or other materials presented in this publication. Readers are advised to conduct their own due diligence before taking any actions related to the company mentioned herein. AlexaBlockchain expressly disclaims any liability for damages or losses, whether direct or indirect, arising from or related to the use of or reliance on any content, goods, or services referenced in this press release.

Kalshi Files to Bring Perpetual Futures to US Stocks

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Kalshi has filed to offer perpetual futures tied to individual US stocks, joining Coinbase in a push to bring crypto-style derivatives to traditional equity markets.

The prediction market filed the proposed rule change with the Securities and Exchange Commission and submitted it to the Commodity Futures Trading Commission (CFTC) for approval on Friday. The CFTC has yet to approve the proposal.

The proposed contracts would have no preset expiration date and would use periodic funding payments between long and short positions to keep their prices aligned with the underlying stocks. Kalshi said the contracts would be treated as security futures products and cleared through its CFTC-registered clearinghouse, Kalshi Klear.

The filing comes the same day Coinbase submitted a separate proposal to offer perpetual futures tied to individual US stocks, as both companies look to bring a derivatives product popular in crypto markets to traditional equities.

Kalshi already offers perpetual futures tied to cryptocurrencies in the US, including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP), after receiving CFTC approval for its Bitcoin perpetual contract in May.

Related: DoubleZero adds Kalshi election market data ahead of US midterms

US stock perpetual futures race expands

Kalshi and Coinbase were not alone in filing to bring single-stock perpetual futures to the US market. Payward, the parent company of crypto exchange Kraken, also filed through its Bitnomial Exchange to offer the products, with plans to make them available to US traders on Kraken.

Payward said it plans to initially offer perpetual futures tied to 10 US equities, including Tesla, Nvidia, Apple, Microsoft and Amazon, and is working toward 24/5 trading.

The filings come days after the CLARITY Act failed to advance in the Senate on Sept. 15, falling short of the 60 votes needed to proceed.

A day after the vote, SEC Chair Paul Atkins said that “with or without legislation,” the agency would “act decisively” within its existing statutory authority to provide regulatory certainty for American investors and entrepreneurs.

Source: Paul Atkins

Magazine: Is there any chance left to save the CLARITY Act?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Bastion conditionally OK for US trust bank

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 Stablecoin infrastructure provider Bastion said the Office of the Comptroller of the Currency (OCC) had granted it preliminary conditional approval for a US trust bank charter.

The charter adds federal supervision from the OCC to the state licenses Bastion already holds, according to a news release on Friday. Still, the proposed bank could not accept deposits or make loans, separating it from a conventional commercial bank.

Licensed as Bastion Platforms National Trust Company, it will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity.

“Stablecoins have moved from emerging technology into core financial infrastructure, and that requires a different standard of trust, governance and regulatory rigor,” said Nassim Eddequiouaq, CEO of Bastion.

The company has been building toward federal supervision since acquiring its New York trust charter in February 2025.

Cointelegraph reported in September 2025 that Bastion had raised $14.6 million in a funding round led by Coinbase Ventures, with participation by Japanese tech giant Sony, the investment subsidiary of South Korean phone maker Samsung, the crypto arm of venture capital (VC) firm Andreessen Horowitz and crypto VC firm Hashed.

 Ripple has received conditional approval for a similar charter, while Circle and BitGo have received final approval. Kraken parent Payward, crypto infrastructure provider Zerohash and payments company Block have also submitted applications, Cointelegraph has reported.

Related: Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin

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