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Fable's Shutdown Hands Crypto Its Case for Decentralized AI

Anthropic's most powerful public model came with guardrails users called too broad — then the US government switched it off entirely. Crypto's builders say that is exactly why AI should run on networks no company or state controls, and traders have started to bid up the tokens betting on it.
CME Group to Sue CFTC Over Perpetual Futures Approval, Citing Dodd-Frank Swaps Definition

The world's largest derivatives exchange operator said Wednesday it will sue the CFTC over the agency's approval of Kalshi's bitcoin perpetual futures, arguing the contracts should be classified as swaps under the Dodd-Frank Act.
CLARITY Act Reaches Senate Floor With House Ready to Move Fast; Seven-Democrat Math Becomes the Gate

The Digital Asset Market Clarity Act sits on the Senate calendar eligible for a floor vote, with House Agriculture digital-assets subcommittee chair Dusty Johnson signaling a fast House companion. The bill needs at least seven Democratic votes to clear the 60-vote cloture threshold before the
AWS Plugs Coinbase's x402 Into CloudFront, Letting Publishers Charge AI Agents in USDC

AWS turned on AI traffic monetization inside AWS WAF on Monday, letting any site behind Amazon CloudFront charge AI agents per request in USDC through Coinbase's x402 protocol. It is the first time a hyperscale cloud has wired onchain settlement into its content-delivery edge.
Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily

Andre Cronje, Michael Kong and David Richardson are stepping down from the board of the Layer 1 blockchain, whose token has fallen about 97% from its peak, as Matt Visser takes over as CEO
Tom Lee Says 'Zero Chance' of Ethereum Funding Crisis as Insider Warns of $30M Gap

The chairman of BitMine, the largest corporate holder of Ether, brushed off a former Ethereum Foundation contributor's warning that core development could run short of money within nine months.
Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins

The Bank of England published its policy statement and draft Code of Practice for systemic stablecoin issuers on Monday, replacing per-person holding caps with a £40 billion issuer-level guardrail and lifting the gilt share of reserves to 70%. Industry feedback is open until 22 September.
Andrew Cuomo Tapped to Co-Chair OKX-ICE Crypto Joint Venture

Former New York governor Andrew Cuomo will co-chair a joint venture between OKX and NYSE owner Intercontinental Exchange with ICE futures-exchanges chief Trabue Bland. Cuomo has advised OKX on policy since 2022, spanning the exchange's $504 million DOJ settlement. The venture is the consumer-facing
Jaredfromsubway.eth, Ethereum's Most Active Sandwich Bot, Drained for $7.5M Over the Weekend

An attacker drained more than $7.5 million from jaredfromsubway.eth, the Ethereum address tied to roughly 70% of sandwich attacks on the network, after a counter-MEV honeypot fed it 66 fake token contracts over several weeks. Blockaid disclosed the exploit Saturday.
Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts

Morgan Stanley's amended S-1 filings for its spot Solana and spot Ethereum trusts name BNY Mellon and Coinbase Custody as joint custodians, set a 0.14% sponsor fee, and reserve the tickers MSOL and MSSE on NYSE Arca. Both products include staking provisions.
ENS DAO Opens Temp Check on Handing Treasury and Day-to-Day Authority to ENS Foundation

An ENS DAO temp check published Friday would shift treasury control, grants administration and long-term capital strategy to an expanded ENS Foundation, while tokenholders retain protocol-layer authority.
1,200 Tech Companies Tell Senate to Pass CLARITY Act as Lummis Calls Code-as-Crime Risk an 'Absurdity'

The Consumer Technology Association, representing more than 1,200 firms including Amazon, Apple and Google, urged the Senate to pass the CLARITY Act without delay. Senator Cynthia Lummis followed with an on-record statement that the bill ends the 'absurdity' of developers needing lawyers to know
World Liberty Financial's USD1 Supply Grows 9.7% in a Week to $4.85 Billion

USD1's circulating supply expanded 9.7% over the past seven days to $4.85 billion, a 100th-percentile move that pushes the World Liberty Financial-issued stablecoin past Sky's USDS in net weekly inflows.
Re7 Labs Opens $223K USDC Compensation Pool for USR Exploit Victims

Re7 Labs opened a 223,000 USDC compensation pool for wallets affected by the March exploit of Resolv Labs' USR stablecoin. The Morpho curator joins Gauntlet, which opened a 4.37 million USDC payout earlier this month, in publishing claim mechanics.
WSJ: $1.9M in Fake Bets Propped Up Polymarket Creator Videos

A Wall Street Journal investigation found that roughly $1.9 million in bets shown across more than 1,100 creator videos promoting Polymarket were not real, part of a paid influencer program in which creators filmed fake trades on dummy versions of the platform.
Franklin Templeton Closes 250 Digital Acquisition, Launches Franklin Crypto for Institutional Allocators

The $1.78 trillion asset manager stands up a dedicated institutional crypto unit, extending a platform that already includes the BENJI tokenized money-market fund and a proposed pair of dividend-into-bitcoin ETFs.
Five Former EF Researchers Launch Ethlabs, an Independent Non-Profit R&D Lab for Ethereum

Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz-Schilling, Josh Rudolf, and Julian Ma have launched Ethlabs, an independent non-profit R&D lab backed by Bitmine, Sharplink, and Consensys founder Joe Lubin, with a thesis that Ethereum will become the universal onchain settlement layer.
Ethereum Foundation’s CSA Lays Out Execution Plan: MEV Elimination, Default Privacy, ETH Pay

Aerugo, the Ethereum Foundation’s Chief Strategy Advisor, outlined how EF will implement its new mandate: treating MEV extraction as a structural threat, making privacy a protocol default, and moving EF compensation into ETH and Ethereum-native stablecoins.
NYSE Parent ICE and OKX Form 50-50 Joint Venture for Tokenized Equities, Co-Chaired by Andrew Cuomo

Intercontinental Exchange and OKX will build a U.S. broker-dealer to route OKX's customers into NYSE tokenized equities and ICE futures, pending regulatory approval.
Aztec Reaches L2Beat Stage 2 After Governance Revokes Rollup Contract Ownership

On-chain governance stripped admin control over Aztec's rollup contract, freezing the code in place and clearing the technical bar for L2Beat's top decentralization tier.
Chainlink Brings Samsung, Toyota and Sony Pricing On-Chain With APAC Equities Streams

Chainlink launched APAC Equities Streams on Monday, putting live pricing for large-cap Asian companies on-chain to power equity perps, prediction markets and structured products in Asian time zones.