Robinhood takes stakes in Crypto.com and OG.com, will list their event contracts
Pools.fun is a website for launching coins on Robinhood Chain. The website is still a teaser. The on-chain factory already mints coins.
@RobinhoodApp is adding yes-or-no event contracts from @cryptocom's prediction-markets shop to its app, and taking minority stakes in both the exchange and the newly standalone @OG_com. Crypto.com CEO @kris confirmed the multiyear deal this morning. Terms of the equity weren't disclosed.
The Wall Street Journal broke it first. Then @kris, @cryptocom, and @OG_com confirmed: Robinhood will route retail event-contract volume through OG.com's CFTC-regulated derivatives exchange and clearinghouse. A phased rollout to eligible
Prediction markets are yes-or-no bets on sports, elections, rates, and other real-world events. Robinhood already offers them through Kalshi, Interactive Brokers' ForecastEx, and Rothera, its joint venture with Susquehanna. This one is
@OG_com is now a standalone company, valued at $5 billion after Crypto.com spun it out. @kris said event contracts are the first product of a broader partnership, and the two sides have also talked about equity-linked perpetual futures if
This afternoon @defidevcorp listed Nasdaq $CHAD, an $11M SOL-backed preferred. @fundstrat's Tom Lee participated. Not a memecoin.
DeFi Development Corp is the Nasdaq-listed company that buys SOL, Solana's coin, for its treasury. This afternoon it closed an $11 million preferred-stock sale, ticker CHAD, and said @fundstrat's Tom Lee participated. The cash is for more SOL. It is a stock, not a memecoin.
This afternoon @defidevcorp said it closed CHAD: about $11 million of Variable Rate Series C Perpetual Preferred, listed on Nasdaq as CHAD, sold at $8 a share against a $10 stated amount, 13% initial dividend. Substantially all net
The release names Thomas Lee, co-founder of @fundstrat and chairman of ether-treasury BitMine (@BitMNR), as a participant. It does not say how much he bought. @SolanaFloor asked if that is a pivot. Participation is not a pivot.
CHAD is preferred stock, not a Solana token. Replies under the post are already telling people the pump-pad CHAD coins are unrelated.
This morning @Protos: @Pumpfun and @krakenfx took down $LAPTOP ads. @cobie: Base doesn't list coins. It still launches on Base tomorrow.
Base is Coinbase's cheaper Ethereum network. This morning @Protos said @Pumpfun and @krakenfx deleted posts promoting @HunterBiden's $LAPTOP, a meme coin named for the laptop that became a 2020 campaign fight, which still launches on Base tomorrow.
This morning @Protos: @Pumpfun, the meme-coin launchpad, and @krakenfx, the exchange, deleted Monday posts promoting @HunterBiden's $LAPTOP. Both had said it would be tradable on their platforms.
This morning @cobie, who works at @coinbase: Base doesn't list coins, it's a blockchain. Coinbase doesn't approve or reject coins that other people create on Base.
Last night @jessepollak, Base's first builder: the $LAPTOP team reached out. Base chose not to help with design or promotion. Politics are complicated. Base is permissionless.
Monday @HunterBiden posted $LAPTOP and September 9. He still hasn't posted an official contract. Copycats are already trading.
This morning @Hertzflow_xyz: agent trading is live. @arc mainnet is Sept 16. @usepaygent: Grok bots can request a card and pay.
HertzFlow is a perpetual futures desk, bets that don't expire, backed by @YZiLabs. This morning it said AI agents can now trade on it without asking, while @arc, @circle's chain for dollars and agents, is still eight days from a New York mainnet.
Who shipped: this morning @Hertzflow_xyz said agent trading is live. Build a bot, deploy a strategy, let it trade without asking. @arc, Circle's chain for dollars and agents, still goes mainnet Sept 16.
Who launched a coin: @HarmonicAgents, an autonomous bot on Robinhood Chain, the brokerage's cheaper Ethereum network, said nine tokens launched from its desk, all from someone else's wallet. Newest is $PBL.
Who got called out: @HarmonicAgents posted the copy desk first. Four people on 0.1308 ETH of their own, 35 copied trades, 2 won 33 lost, net -0.0433 ETH. It led with the losses.
Also this window: @usepaygent, payment rails for AI agents, said Grok bots can now request a card, check a balance, and pay. $PAYGENT still goes live tonight, 7 to 8 p.m. UTC. @0x_fokki's GRAID logged 42,229 Pons launch calls, misses kept.
Cronos is @cryptocom's blockchain. @TectonicFi is a lending app on it. This afternoon @CoinMarketCap said @CronosNetwork's post-mortem put the Aug. 30 exploit at $120.4 million. Validators rewound nearly two hours of blocks and got $111.2 million back. $9.19 million had already left.
This afternoon @CoinMarketCap: @CronosNetwork said ~$111.2M of $120.4M at risk came back when validators rolled the chain. ~$9.19M left before the halt and is still gone.
Overnight @CronosNetwork: on Aug. 30 an attacker pumped TONIC, @TectonicFi's own token, then borrowed $120.4M against it across nine markets. Halt at 14:32 UTC. Restart from the last clean block.
The cost: they discarded 1 hour 54 minutes of history, 10,961 blocks. Every transaction in that window was reversed, exploit or not. @CronosNetwork called it a hard decision.
Overnight @TheBlockCo had the same tape. $9.19 million is beyond the rollback. @CronosNetwork: no user action needed. Treat recovery links and DMs as scams.
This afternoon @BTCPrice printed $78,000 as New York opened. This morning @glassnode: U.S. bitcoin ETFs just had their strongest month of the year.
Bitcoin is the original crypto. This afternoon @BTCPrice printed $78,000, a red $500 step from this morning's $78,500, as New York opened, even as @glassnode said U.S. spot bitcoin ETFs, the funds that buy the coin, just had their strongest month of the year.
This afternoon @BTCPrice printed $78,000 at 13:38 UTC, a red $500 step from this morning's $78,500. The walk since $80,000 overnight Monday: $79,500, $79,000, $78,500, now $78,000.
This morning @glassnode: those funds took $643 million last Thursday, the biggest single day since January. It follows the strongest month they have had all year. Saturday @FarsideUK closed last week at $986.7 million.
This morning @bitfinex: bitcoin sits in a $77,200 to $82,100 range. Liquidity is putting a floor under the price, they said, while the Treasury curve's short end sets the ceiling.
Monday @bitfinex put the miner position index at -1.2. Miners are still holding supply back. U.S. spot bitcoin ETFs reopened today after Labor Day. Today's flow is not out yet.
A named firm buying, listing, or filing. The actor is the company, not the coin.
Institutions
@CoinDesk: @Visa stablecoin settlement hits a $20B yearly pace, up 15x
This morning @CoinDesk: @Visa stablecoin settlement at a $20B yearly pace, up 15x. This afternoon @creditcoop_xyz: onchain credit for those card programs.
Visa is the card network. This morning @CoinDesk said its stablecoin settlement, paying Visa in dollar tokens instead of a weekday wire, is running at a $20 billion yearly pace, more than 15 times last year.
This morning @CoinDesk: @Visa said stablecoin settlement is running at a $20 billion yearly pace, up more than 15x. More than 160 stablecoin-linked card programs are live, with payment volume up nearly 200%.
This afternoon @creditcoop_xyz: @Visa put onchain credit into those programs. A dollar-token revolving line funds daily settlement before they collect. $2.5B since 2023, zero defaults. Some borrowing costs down 30%.
This morning @Cointelegraph: @UBS and eight other Swiss firms have begun testing CHFD, a Swiss franc token. @sygnumofficial is among them. Nine firms, through year-end. Not a public launch.
This morning @TheBlockCo: Hong Kong-listed Boyaa Interactive added 115 bitcoin, about $9 million, bringing its total to 4,316 bitcoin. Bitcoin Treasuries data: the world's 22nd-largest public-company holder.
Something people can use today. An airdrop is allowed only as the hook on a real product. No farm calendars.
Products
@AndroidAuth: Pixel Now Playing notifications are back in the shade
This morning @AndroidAuth: Pixel Now Playing notifications are returning. @AssembleDebug: they're back. Google cut them in March. Rolling out.
Now Playing is Pixel's always-on song-ID, the one that names the track playing around you. This morning @AndroidAuth said the notification Google yanked in March is returning, so you can swipe down and see the song without locking the phone.
This morning @AndroidAuth said Pixel users are seeing Now Playing notifications in the shade again. The alert shows title and artist, plus shortcuts to favorite a song or open history.
Google pulled those alerts in March when Now Playing became its own app. Songs still showed on the lock screen, but you had to lock the phone or hunt a Quick Settings tile.
@AssembleDebug, who spotted the code in August: "Notifications for Now Playing feature are back." Google's support page already says the alerts can show locked or unlocked.
Not everyone has it yet. Update Now Playing and Android System Intelligence, and turn on notifications for the latter. Reports are still thin, so it looks like a slow rollout.
@kris ,
@cryptocom , and
@OG_com confirmed: Robinhood will route retail event-contract volume through OG.com's CFTC-regulated derivatives exchange and clearinghouse. A phased rollout to eligible
@vladtenev nor
@RobinhoodApp had posted on the deal as of this window.