The CLARITY Act is scheduled for a Senate vote on September 15. The bill, which has grown to over 630 pages since May 2025, includes provisions requiring the SEC and CFTC to regulate non-decentralized finance trading protocols. While Polymarket estimates a 24% chance of the bill becoming law this year, the cloture vote is expected to proceed to the debate phase.
Anthropic is reportedly in discussions with Nvidia regarding a potential $10 billion investment. The company is aiming for an IPO valuation of up to $2 trillion. Meanwhile, Anthropic CEO Dario Amodei has called for a slowdown in AI development, citing risks related to autonomous cyberattacks, following reports that Russian and Chinese operators used the Claude model for such activities.
Blockstream has refused a ransom demand from hackers who drained 4,000 Bitcoin from the Liquid Network. The hackers returned 3,400 Bitcoin and demanded a 10% bounty. Blockstream has patched the security vulnerabilities. Separately, Ledger CTO Charles Guillemet warned that AI is facilitating the discovery and exploitation of software bugs, urging researchers to report vulnerabilities privately.
Robinhood reported a 61% month-on-month increase in crypto trading volume to $17.5 billion in August. The firm's new Ethereum L2, Robinhood Chain, is projected to generate $160 million in annual fees by 2028. Additionally, Revolut confirmed a data breach involving sensitive customer information following a fraudulent request from a source impersonating a government agency.
US spot Bitcoin ETFs recorded $282.6 million in net outflows on Thursday, the largest daily decline since July 13. Weekly outflows for Bitcoin ETFs totaled $462.73 million, while Ethereum ETFs saw inflows of $197.11 million. Market participants are currently pricing in an 85% probability of a 0.25% interest rate hike by the Federal Reserve on September 16.
