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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Coinbase Financial Markets has agreed to stop offering new sports-related event contracts to Michigan customers by October 10 and close remaining open positions by the same deadline. Michigan agreed not to pursue enforcement while Coinbase complies, but the wider legal fight over whether states can regulate federally registered event contracts remains unresolved. Coinbase is pulling sports prediction contracts out of Michigan while its legal battle with the state continues. The Michigan Gaming Control Board said Coinbase Financial Markets has agreed to stop offering new sports-related event…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Anyflo has emerged from stealth at Sui Basecamp as a stablecoin payments orchestration company and has acquired the team behind Native, a Sui-based project. The company is entering private alpha as it tries to hide blockchain, liquidity and routing complexity from enterprise users. A new stablecoin payments company came out of stealth in Singapore with an acquisition already completed. Anyflo unveiled itself at Sui Basecamp on Thursday, positioning the business as an orchestration layer for companies that want to use stablecoins without building the blockchain infrastructure…

In brief Securitize launched tokenized U.S. stocks backed one-to-one by real shares, opening with 12 names including Apple, Nvidia, Tesla and Microsoft. Unlike many offshore price-tracking products, each token is a security entitlement under the UCC that preserves rights like dividends and voting. The launch joins an accelerating tokenized-stock race, with NYSE and OKX-ICE trading venues planned but not yet live. Tokenization platform Securitize is bringing a dozen of the biggest U.S. stocks to crypto traders, launching tokenized equities backed one-to-one by real shares, with Solana as the first network.Announced Wednesday, the new Securitize Stocks product opens with security entitlements…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Navra, the latest company led by SoFi and Figure co-founder Mike Cagney, has raised $19 million in Series A funding. The startup is building an interface intended to make on-chain lending, yield products and securities markets easier for traditional investors and institutions to access. Mike Cagney is building another bridge between conventional finance and blockchains. Navra, the newest startup led by the SoFi and Figure co-founder, has raised $19 million in an oversubscribed Series A round led by Ribbit. Baseline and DCM also participated alongside strategic…

THORChain’s September income surged as Bitget-linked flows drove the protocol’s busiest stretch in more than a year.The cross-chain exchange generated $3.01 million in system income last month, its highest since March 2025, while swap volume climbed to $2.40 billion, the most since June 2025.Much of that activity was compressed into five days following the Bitget hack. About $1.37 billion, or 57% of September’s swap volume, crossed THORChain between Sept. 25 and Sept. 29, while the network generated roughly $1.9 million of income during the same period, equivalent to about 63% of the monthly total.THORChain said the surge coincided with funds…

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show ‘FOMO HOUR’ covering all of the top stories and market action.Top News: Crypto majors fall another 2-3% along with stocks; BTC at $82.6k ETH Researcher Justin Drake warns of AI hacking, calls for “Bunker Mode” BTC ETFs see biggest day of outflows since late June Tom Lee says he’ll stop buying ETH at 5%, which he’ll reach soon Near Intents announced Confidential Intents on DarkSwap on Solana (Dark +169%) BitcoinBTC ·…