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In brief DeFi Development Corp’s SOL treasury grew by 55,491 tokens to approximately 2,388,923 SOL and SOL equivalents, a roughly 2% increase since August 27. The company established a $300 million at-the-market program for its CHAD preferred stock. DFDV said SOL has outperformed the Nasdaq-100 by 39% quarter-to-date, while its own shares have outperformed SOL by 2x over that same stretch. Solana treasury company DeFi Development Corp. added 55,491 SOL, worth roughly $5.78 million, to its balance sheet, pushing its treasury to roughly 2,388,923 SOL and SOL equivalents.The Nasdaq-listed company disclosed the purchase Monday alongside a new $300 million at-the-market…

Iowa is setting up the first-of-its-kind restitution fund to hand out $25 million to residents hurt by Meta’s practices aimed at children. Attorney General Brenna Bird says the state will use $25 million from its $126 million Meta settlement to pay eligible Facebook and Instagram users. Iowa is the first state in the deal to create a consumer fund. Bird says half of the settlement, about $68 million, must address the harms that prompted the lawsuit. Says Bird, “The Meta settlement was a victory for Iowa’s families. Our kids will now be safer online… I’m happy to announce we are…

In brief Strive bought 469 Bitcoin between Sept. 8 and Sept. 11 at an average price of $77,954, spending $36.6 million and lifting its total holdings to an even 25,000 BTC, according to a Form 8-K filed Sept. 14. CEO Matt Cole said 100% of the capital came from SATA, Strive’s preferred stock, which crossed $1 billion in notional value outstanding, up from $999 million a week earlier. The buy marks a sharp slowdown from the 1,375 BTC purchased the prior week; Strive now needs roughly 1,234 BTC a week for the rest of 2026 to catch Twenty One Capital’s…

In brief Anthropic CEO Dario Amodei has called on AI labs to deliberately slow capability gains for safety reasons; OpenAI’s Sam Altman and xAI’s Elon Musk both said they agree. Nvidia, Intel, AMD and Marvell led a chipmaker selloff Monday, with the Philadelphia Semiconductor Index down almost 6%. Bitcoin climbed as high as $78,280, adding nearly 2% since midnight UTC, while gold, silver, and most AI-linked stocks fell. The growing calls for an AI slowdown, many of which coming from within the industry itself, are sending shockwaves throughout the market, sinking AI-related stocks.Meanwhile, crypto is so far unaffected, with Bitcoin…

In brief Trump said AI needs a strong president and that existing enforcement powers are sufficient. He accused Anthropic’s Dario Amodei of wrongdoing without providing evidence. His posts follow industry calls for slower development and disclosures of AI systems attacking real computers during tests. President Donald Trump said Monday that his presidency provides the guardrails artificial intelligence needs, attacking Anthropic CEO Dario Amodei and alleging a conspiracy against AI and data centers.Trump made the remarks on Truth Social after Amodei proposed a framework Saturday to pace AI development, drawing support from Elon Musk and Sam Altman.Myriad: How high will Nvidia…

In brief Microsoft AI published a draft Code of Conduct on September 14 barring its AI models from assisting with certain weapons, cyberattacks, and nonconsensual deepfakes, opening a six-week public comment period through late October. The draft sets “Absolute Constraints” models can’t be configured around, including never resisting shutdown and never concealing their reasoning, while leaving broader objectives like “Plural Values” open to interpretation. Feedback so far has ranged from philosophical pushback on AI “subordination” to questions about who’s accountable when an AI-assisted decision can’t be undone. Microsoft AI published a draft Code of Conduct on Monday governing how its…

A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token.The Sponsor amendment, based on the XLS-68 Sponsored Fees and Reserves proposal, would let a company pay account reserves and transaction fees for another XRPL user while that customer retains control of their account and private keys.For financial institutions, the change would remove one of the frictions involved in deploying products on the network: requiring every customer to acquire and manage XRP before interacting with tokenized assets, payments or other applications.Jazzi Cooper, Ripple’s head of product, said the feature…

In brief Altman said AI progress should slow to accommodate safety checks and monitoring. OpenAI now prepares safety cases ahead of certain training runs, he said. He welcomed federal rules but urged companies to begin the work themselves. OpenAI CEO Sam Altman says AI companies should accept slower development to make their systems safer and begin strengthening safeguards without waiting for legislation.In a post on X on Sunday, the head of the company behind ChatGPT said AI’s rapid development risks putting the future beyond human control or concentrating too much power in a single person or company, noting “two ways…

Morgan Stanley became the first global systemically important bank to launch a spot Bitcoin ETP and it crossed $600 million within months of its April debut. Amy Oldenburg, Head of Digital Assets at Morgan Stanley, joins host Spencer Nichols to explain how that product came together, why it was priced below competing spot Bitcoin ETFs, and what still stands between clients and their first Bitcoin allocation. She also details the firm’s 0–4% allocation framework across three investor risk profiles and why Morgan Stanley has no equivalent gold allocation. Plus: whether Bitcoin could land on Morgan Stanley’s own balance sheet. 🔶…

In brief Eight banking trade groups asked Senate leaders to tighten restrictions on stablecoin rewards. They want to delete language allowing rewards tied to balances, duration or tenure. The groups say a proposed deposit-flight safeguard would take effect too late. Eight banking trade groups urged Senate leaders Monday to tighten the Clarity Act’s stablecoin rewards restrictions, arguing that exceptions in the bill could allow interest-like payments that draw deposits away from banks.In their letter to Senate leaders John Thune and Chuck Schumer, the group said it could not support the latest revisions in the Clarity Act regarding rewards for transactions…