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Published 14 Sept, 06:19 UTC

You are reading a saved edition, not live news. News window: 13 Sept, 06:15 UTC to 14 Sept, 06:15 UTC. Labelled ongoing and upcoming items retain their own dates.

The catch-up

News from the last 24 hours, plus clearly dated ongoing developments and upcoming events.

Sunrise lists canonical Chainlink LINK on Solana, saying it replaces wrapped versions

@sunrise said Chainlink $LINK is live on Solana as the canonical token, bridged from @base through Chainlink CCIP. It published mint LinkhB3afbBKb2EQQu7s7umdZceV3wcvAUJhQAfQ23L and a page at tokens.xyz/link. @Raydium then said LINK is trading 24/7 on Raydium. Foundation-run @tokens called this the canonical representation, superseding wrapped LINK that had already traded on Solana. Sunrise is the Wormhole Labs gateway that seeds day-one Solana liquidity for incoming assets.

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Robinhood

1 development

Tenev says public companies should not veto Robinhood stock tokens after AMC clash

@vladtenev , CEO of Robinhood, posted on 11 September that issuers should not get a veto over separately issued stock tokens that only reference freely traded shares. Robinhood Stock Tokens live on Robinhood Chain, the broker's Ethereum layer-2, and are 1:1 backed instruments that give economic exposure without putting holders on a company's shareholder register. The post answers AMC CEO Adam Aron, who called the AMC-linked tokens a fake market and threatened to take the dispute to the SEC. No new company reply or regulator action appeared in the 24-hour window.

Why it matters The fight is still open, and it is the live test of whether tokenized U.S. stocks on Robinhood Chain need the underlying company's consent. Anyone holding or researching those tokens should treat them as a separate Robinhood product, not as AMC shares, until a regulator or court says otherwise.

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Robinhood Chain is an Ethereum layer-2 Robinhood launched on 1 July 2026 for tokenized stocks, DeFi, and onchain trading, with ETH used for gas. Stock Tokens are issued outside the United States by a Robinhood entity as separately issued instruments backed by underlying shares held with a U.S. custodian. Holders get price exposure, not voting rights in the listed company. AMC Entertainment's Adam Aron has demanded that Robinhood stop offering AMC-linked tokens and has threatened to involve the SEC. Tenev's 11 September post, which CoinDesk recapped the same day, set a test: if a product changes shareholder rights, replaces the official stock ledger, or creates new duties for the issuer or transfer agent, the company should be involved; if it is a separate instrument that only holds or references freely transferable shares, issuer consent should not be required. He compared the design to unsponsored ADRs, options, and structured products. Robinhood's official account posted only a generic investing-habit prompt during the 24-hour window. Aron has not withdrawn the SEC threat in the evidence reviewed here, so the legal question remains live for users of Robinhood Chain stock tokens.

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Solana

2 developments

Sunrise lists canonical Chainlink LINK on Solana, saying it replaces wrapped versions

@sunrise said Chainlink $LINK is live on Solana as the canonical token, bridged from @base through Chainlink CCIP. It published mint LinkhB3afbBKb2EQQu7s7umdZceV3wcvAUJhQAfQ23L and a page at tokens.xyz/link. @Raydium then said LINK is trading 24/7 on Raydium. Foundation-run @tokens called this the canonical representation, superseding wrapped LINK that had already traded on Solana. Sunrise is the Wormhole Labs gateway that seeds day-one Solana liquidity for incoming assets.

Why it matters Solana traders, wallets and DeFi apps can now route to an issuer-aligned LINK instead of ad-hoc wraps, which matters for oracles, collateral and swaps. The listing also uses Base as the CCIP source chain. The posts did not publish volume, wallet coverage, or a retirement plan for older wraps.

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Solana is a high-throughput blockchain used for trading, payments and tokenized assets. Until this listing, LINK exposure on Solana often meant wrapped tokens created by bridges or market makers, which can fragment liquidity and leave holders with a claim that is not the same as native Chainlink LINK. Sunrise presents itself as a coordinated entry point: it names one mint as canonical, bridges the asset, and tries to have pools ready on venues such as Raydium and Jupiter when trading starts. Chainlink CCIP is Chainlink's cross-chain transfer protocol. Here Sunrise said the Solana LINK was bridged from Base, Coinbase's Ethereum layer-2, so the same asset now has an official-looking Solana mint that apps can hard-code. Raydium is Solana's main automated market maker. @tokens is a Solana Foundation news account, not Chainlink Labs. A canonical listing is only as useful as the liquidity and redemption path behind it. Readers should check the mint on a Solana explorer, confirm the tokens.xyz/link page, and treat older wrapped LINK as a separate token until a migration or unwrap path is documented.

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Raydium says Solana tokenized stocks beat NASDAQ and NYSE combined on 12 September

@Raydium quote-posted BD @mst1287 saying Solana recorded $100 million more tokenized-equity volume than NASDAQ and NYSE combined on 12 September, with about 70% of that flow on Raydium. Minutes later @solana 's weekly recap said a tokenized stock beat its prior-day U.S. volume, holders crossed 727,000, and 63% of tokenized equity volume through August landed after the U.S. close. Solana Compass treated the NASDAQ/NYSE comparison as tokenized-equity volume on those venues, not cash-equity tape. Foundation-run @tokens had already posted $200 million-plus of Solana tokenized-stock volume in the prior 24 hours, before this window.

Why it matters This is a usage check on 24/7 stock tokens from Backpack, xStocks and others, not a new listing. Inspect Raydium and issuer pages, and do not read the comparison as NYSE or NASDAQ cash-market volume.

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Solana is a high-throughput blockchain used for payments, DeFi and tokenized assets. Several firms issue tokens that reference U.S. stocks and ETFs and trade on Solana decentralized exchanges around the clock. xStocks (Payward/Kraken) and Backpack Securities are the two most visible issuers; Ondo, Sunrise, Superstate and Securitize also have stock products on the chain. These tokens typically give economic exposure, not a place on the company's shareholder register, and many products exclude U.S. persons. @solana is running Stocklana, a tokenized-equities hackathon with $100,000 in prizes, through 18 September. The 12 September volume print is a weekend session while U.S. cash markets were closed, which inflates any comparison with exchange hours. The Raydium claim comes from a team account and a Compass write-up, not from NASDAQ or NYSE themselves.

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Base

2 developments

Pollak says 1,000-plus community banks will use Base after the Coinbase-Moov deal

@jessepollak , who built Base, quoted @coinbase 's partnership with payments firm @Moov and wrote that more than 1,000 community banks are going to use @base . Coinbase CEO @brian_armstrong restated the same partnership on 13 September, saying Coinbase is helping those banks add stablecoin acceptance, settlement and real-time funding inside systems they already run. Coinbase's 10 September post described Moov integrating Coinbase custody wallets and a payments API. It did not name Base as the settlement chain. crypto.news earlier noted that neither company named the stablecoins or networks, and no bank go-live date was given.

Why it matters If those banks actually settle on Base, Coinbase's layer-2 would pick up a regulated payments channel beyond the Base app and tokenized stocks. Until Coinbase or Moov name the chain, this is Pollak's reading of a custody-and-API partnership, not a live bank product on Base.

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Base is Coinbase's Ethereum layer-2, used for consumer apps, stablecoin payments and Coinbase's tokenized US stocks for eligible non-US users. Moov is a US payments processor that says it already serves more than 1,000 community banks and credit unions with cards, wallets and bank rails. The 10 September Coinbase-Moov announcement said Moov will plug Coinbase's Payments API and custodial wallets into that existing stack so smaller banks can accept and send stablecoins without building their own crypto systems. That is a distribution deal. It is not, by itself, a Base mainnet integration. Pollak's 13 September reply is the first on-the-record claim from the Base side that those banks will transact on Base. Armstrong's same-day post backed the bank pitch and did not repeat the Base claim. Readers should watch for a named chain, a first bank, and whether funds move on Base, on Ethereum, or only through Coinbase custody. US persons, deposit insurance and which dollar token is used remain unpublished.

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Coinbase Wallet Pulse Mode is live for non-U.S. perpetual futures after the Base App rename

Coinbase Wallet engineer @cankeremgurel said Pulse Mode, a simpler mobile screen for perpetual futures, is rolled out. CEO @brian_armstrong posted the same interface on 12 September and told people to download the app. Pulse Mode sits in Coinbase Wallet, the self-custodial app Coinbase restored on 10 September after a year as Base App. Perps are routed through Hyperliquid. Crypto.news, writing on 13 September, said Coinbase has not published Pulse Mode-specific fees, leverage caps, or a full eligibility list, and that perps remain unavailable to U.S. users.

Why it matters This is the trading surface of the product that used to be the Base App. It is still live this weekend, it is not a U.S. product, and it is an interface on Hyperliquid rather than a new Coinbase exchange. Check the app listing in your region before assuming access.

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Base is Coinbase's Ethereum layer-2. The consumer app built around it was renamed Base App in 2025, then switched back to Coinbase Wallet on 10 September 2026 as Coinbase put trading ahead of the social experiment. Pulse Mode is a simplified perpetual-futures view inside that wallet, announced 11 September and amplified by Armstrong early on 12 September, before this edition's 24-hour window. Crypto Briefing said eligible non-U.S. users can reach more than 290 markets, including crypto, tokenized stocks, and commodities, with leverage described as high as 50x, using USDC as collateral. Crypto.news was more cautious: Armstrong's post did not specify fees or markets, Google Play says perps are powered by Hyperliquid and limited to non-U.S. users in selected places, and Coinbase had not published a dedicated Pulse Mode support article when that report was prepared. The feature remains the current way the renamed wallet presents leveraged trading. It does not change how Base itself settles blocks, and it does not give U.S. users a new legal perp venue.

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Arc

3 developments

BaseStonk says it will open Arc token pairs on day one of public mainnet

@BaseStonk said it now supports Circle's @arc chain so users can launch Arc pairs on basestonk.io from day one of the 16 September public mainnet. BaseStonk is a launchpad for tokens paired with crypto, tokenized stocks and real-world assets. It said its existing Base token at 0x0f61edbfe6cd86024c0f210c0695b08df55fdfc9 stays native to Base, while Arc volume would feed the same buyback and burn. Arc public mainnet is still scheduled, not live, and public testnet remains the open environment. Circle has not named BaseStonk as a day-one partner. The post published no testnet transaction counts.

Why it matters It is a concrete consumer app claiming Arc readiness two days before the announced launch, and it names Base as the home of its existing token. Until mainnet, this is an integration promise, not a live Arc deposit or launch product.

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Arc is Circle's Layer-1 for stablecoin payments, FX and tokenized assets, with gas paid in USDC. Public mainnet is scheduled for 16 September 2026 after a private mainnet with institutional builders; Circle's own notices say features can be delayed or cancelled. BaseStonk already operates on Base as a pairing launchpad: a new token is quoted forever against a chosen asset such as a stablecoin or a tokenized stock, with locked liquidity. Supporting Arc would let the same interface open pairs denominated in Arc assets if and when the chain is public. The team is explicit that the BSTONK token remains a Base asset. That is a cross-ecosystem setup, not a migration. Readers should treat day-one claims as announced intent, check basestonk.io only after an Arc explorer is public, and not send mainnet funds to testnet contracts. Independent confirmation from Circle or an Arc block explorer is still missing.

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Sweepr says its USDC FX and bridge app is live on Arc testnet for day one

@usesweepr said Sweepr is live on Arc testnet and will be live on Arc mainnet from day one. The app is described as a way to convert other stablecoins into USDC and to bridge USDC across supported chains. Arc public mainnet is still scheduled for 16 September; until then this is testnet software, not a live deposit product. Circle's day-one partner list in the August press release does not name Sweepr. The posts had very little engagement, and no independent transaction counts were published with the claim.

Why it matters If you are preparing for Arc launch, this is a concrete testnet app to try with faucet USDC. Treat day-one mainnet availability as the team's claim until it is visible on public mainnet.

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Sweepr presents itself as an onchain finance app built on Circle's Arc blockchain. Arc testnet uses USDC for gas and is the only public environment today. Other builders posted similar launch-week notes, including Aqua0 saying it is live on Arc testnet with a BRL/USDC FX curve. Those are also self-reports. Users can inspect testnet.arcscan.app and faucet.circle.com rather than relying on marketing copy. Moving real stablecoins should wait for public mainnet endpoints and a confirmed app URL.

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Circle schedules Arc public mainnet for 16 September, with a New York livestream

@arc said public mainnet goes live on 16 September and pointed readers to a Circle livestream. The official event page lists a developer pre-show from 11:30am ET and mainstage programming from 2:00pm to 3:45pm ET (18:00 to 19:45 UTC). Arc is Circle's Layer-1 for stablecoin payments, FX and tokenized assets, with gas paid in USDC rather than a volatile token. Circle has named BlackRock, DTCC, Visa, Mastercard, ICE, Standard Chartered and others as founding validators, and says more than 100 builders are already on private mainnet. Public testnet remains the open environment today. The launch is announced, not guaranteed, and Circle's own notices say features can be delayed or cancelled.

Why it matters This is the near-term chance to see whether Arc opens with real USDC settlement and day-one apps, or stays a staged demo. Do not send mainnet funds until public RPC, explorer and live apps are published.

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Arc is a separate blockchain from Ethereum, Solana, Base and Robinhood Chain, built by Circle, the issuer of USDC. Public testnet has been open since 28 October 2025 (chain ID 5042002). Circle's 5 August announcement set 16 September for public mainnet and listed expected day-one names including Uniswap, Aave, Morpho, Binance Wallet, MetaMask, Fireblocks and Kraken. BlackRock is expected to deploy its BUIDL tokenized fund on Arc. A DTCC tokenization hook is described as beginning in the second half of 2027, not on day one. Validators are a permissioned set. Circle raised a private ARC token presale earlier in 2026; that token is not required to pay gas. Users and developers can register for the livestream at community.arc.io and keep using testnet docs at docs.arc.io until the public endpoints are posted.

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Elsewhere in crypto

2 developments

Senate Republicans post a final CLARITY text after Trump accepts new ethics rules

@SenLummis , with Sens. John Boozman and Tim Scott, released what they called the final Digital Asset Market Clarity Act text (H.R. 3633) and posted the substitute PDF. Lummis said President Trump agreed to ethics rules covering federally elected officials, judges and their spouses, and that the draft includes 126 changes Democrats requested, including state attorneys general in enforcement. Treasury would get a time-limited circuit-breaker on payment-stablecoin rewards if community banks lose deposits. Cloture on the motion to proceed is still listed for Tuesday 15 September at 2:15 p.m. ET (18:15 UTC). The Hill reported a GOP aide saying Trump agreed to about 80 percent of the ethics ask, and that Democratic votes are not locked.

Why it matters This is the last public text before a 60-vote test. A yes only opens debate. It does not enact the bill, freeze the text, or send a law to the president. Ethics, stablecoin yield and DeFi rules still decide whether enough Democrats vote.

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The CLARITY Act is the US Senate's attempt to split crypto market oversight between the SEC and the CFTC. The House passed a version 294-134 in July 2025. Republicans hold 53 Senate seats, so cloture needs Democratic votes. Lummis framed Sunday's substitute as a last offer: ethics language modeled on a Tillis-Gallego proposal, developer safe-harbor edits in the Blockchain Regulatory Certainty Act, Agriculture Committee guardrails on affiliate trading, and Treasury authority meant to slow deposit flight from banks into yielding stablecoins. Cointelegraph, citing the sponsors' fact sheet, said covered officials would have to divest significant crypto interests or use a blind trust, with civil penalties if they do not. The Hill said Democrats had wanted state attorneys general involved because they did not want the Justice Department as the only cop, and that it is unclear whether this version wins them over. If cloture fails, sponsors say the bill may not return this year. If it succeeds, the new text would be offered as a substitute and would still face amendments, a House process and a presidential signature. Read the Senate PDF, not last week's draft. The vote is scheduled, not guaranteed.

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UniCredit is exploring crypto custody and brokerage, Bloomberg reports

UniCredit, one of Europe's largest banks, is in early talks to pick a technology provider for possible crypto custody and brokerage, Bloomberg reported, according to 13 September write-ups that cited people familiar with the matter. No product is live and no launch date was given. Areas under review include custody, trading, tokenized investments and stablecoin services. The bank already offered professional clients a Bitcoin-linked certificate tied to BlackRock's IBIT and belongs to Qivalis, a 37-bank group planning a MiCA euro stablecoin on Ethereum later in 2026. Any live service would need a MiCA license.

Why it matters A large EU retail bank moving from structured notes to custody would change what its existing customers can hold. This is an exploration leak, not a launch, so there is nothing to deposit yet.

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UniCredit is a Milan-based banking group with core markets in Italy, Germany, Austria and Central and Eastern Europe. Several outlets repeating the Bloomberg report said it serves more than 20 million customers. The EU's Markets in Crypto-Assets regime now requires licensed crypto-asset service providers, with passporting across the European Economic Area. Qivalis has said it wants a euro stablecoin on Ethereum in the second half of 2026, subject to Dutch central bank approval. That project is separate from UniCredit's custody review. The bank has not named vendors, spend, or a timeline. Readers should wait for an official UniCredit statement rather than treat secondary recaps as a product announcement.

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