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Robinhood Ceo Calls Asset Tokenization An ‘Unstoppable Freight Train
Crypto Trends

Robinhood CEO Calls Asset Tokenization an ‘Unstoppable Freight Train’

by admin October 2, 2025



At the Token2049 conference in Singapore on October 1, 2025, Robinhood CEO Vlad Tenev said he views asset tokenization as a long-term trend that could bring crypto and traditional finance closer together. 

He described the process as creating digital versions of assets, such as stocks, on a blockchain—a service Robinhood recently introduced for customers in the European Union.

Tokenized stocks for international investors

Tenev suggested that tokenized assets may become the default way for investors outside the U.S. to gain exposure to American stocks. 

According to him, this shift could address inefficiencies in current financial infrastructure and create closer links between digital and traditional systems. Robinhood’s introduction of tokenized U.S. stock trading in the EU reflects this view.

Robinhood’s expansion strategy

Tenev’s remarks also reflect Robinhood’s ongoing international expansion. Earlier this year, the company introduced tokenized U.S. stock trading for customers in the European Union, where the Markets in Crypto-Assets (MiCA) regulation provides a clearer framework for such products. 

By starting in a jurisdiction with established oversight, Robinhood is testing tokenization in a regulated environment before considering broader adoption in other markets.

Broader implications and challenges

Tenev’s comments fit into a wider industry discussion about tokenization, where creating digital versions of assets such as stocks is seen as a way to make markets more accessible and efficient. 

Other financial firms have launched similar projects, but significant challenges remain, including regulatory uncertainty in the U.S., the scalability of blockchain infrastructure, and the security standards needed for large-scale adoption. Although, something notable is that this market is being explored with certain expectations. 

Tenev’s remarks highlight how a major U.S. brokerage views tokenization as part of its international strategy. The pace of adoption, however, will depend on regulatory clarity, technical scalability, and how both investors and institutions respond to these models.

Also read: S&P 500 Adds AppLovin, Robinhood, Emcor, Excludes MicroStrategy



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October 2, 2025 0 comments
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Decrypt logo
Crypto Trends

Aster vs Hyperliquid: BNB Chain DEX Perps Volume Derails the HYPE Train

by admin September 24, 2025



In brief

  • Binance Chain has overtaken Hyperliquid in 24-hour perpetual volume, helped along by new DEX Aster.
  • The surge in investor interest surrounding BSC DEXs is not a phase and is likely to persist, experts told Decrypt.
  • Binance Chain validators have proposed a tenfold reduction in gas fees in a bid to improve the DEX trader experience.

The battle of the DEXs is hotting up, as BNB Chain-based decentralized exchange Aster has helped its parent chain to surpass Hyperliquid’s 24-hour perpetual trading volume.

BNB Chain’s 24-hour perpetual volume stands at $21.6 billion, overtaking Hyperliquid’s $10.7 billion, according to data from Dune Analytics. EdgeX and Light followed closely with $8.2 billion and $6.2 billion, respectively.

In terms of overall trading volume, the two exchanges are jockeying for position. Per CoinGecko data, Hyperliquid’s $609 million in 24-hour volume puts it at seventh place among the DEXs, while Aster sits at eighth place with $583 million in 24-hour volume.

Aster’s native token has shot up by 41.4% in the past 24 hours, taking it to a market cap of $3.9 billion and making it the 47th largest cryptocurrency by market cap, per CoinGecko data.

Hyperliquid’s HYPE is currently down 6.2% on the day, though with a market cap of $12.1 billion, it sits considerably higher in the rankings as the 20th biggest cryptocurrency.

On prediction market Myriad, launched by Decrypt’s parent company DASTAN, users paint a mixed picture of Aster’s prospects. Predictors put an 87% chance on Aster being ranked among the top 40 coins on CoinMarketCap this month, but over 60% of predictions expect it to remain below $4 through November.

A passing phase?

Interest in Aster was piqued by Binance co-founder Changpeng Zhao’s vocal support of the DEX in a tweet earlier this week, in which he praised its “good start.”

“The recent surge in BSC perpetual volumes and DEX activity is not merely a passing phase,” Cecilia Hsueh, Chief Strategy Officer at crypto exchange MEXC, told Decrypt.

Technical upgrades, incentive programs, and integration with the Binance ecosystem are some of the key aspects that give this meta durability, Hseuh added.



The sudden uptick in interest in BSC-based decentralized exchanges, specifically Aster and other BSC-based platforms, led to a triple-digit rally for several altcoins in just two days, Decrypt previously reported.

All eyes are now on the latest proposal from BNB Chain validators, who are looking to slash transaction fees from 0.1 gwei to 0.05 gwei, with the intention of accelerating block intervals from 750 ms to 450 ms, as announced in Tuesday’s tweet.

Gas fees matter.

They decide where traders build, where liquidity flows, and where innovation happens.

That’s why validators on BNB Chain are proposing to halve fees and accelerate block speeds, keeping BNB Smart Chain (BSC) competitive with the fastest chains in crypto.

BNB… pic.twitter.com/sCdHutFfrJ

— BNB Chain (@BNBCHAIN) September 23, 2025

The proposal for a tenfold reduction in gas fees strengthens BSC’s competitive positioning, Hseuh noted.

While BNB Chain is actively attempting to siphon interest into DEX and away from Hyperliquid, it still has a long way to go, as the latter is still a market giant when looking at longer-term data points.

Hyperliquid’s $326.77 billion 30-day perpetual volume is uncontested and more than five times that of Binance’s $60.12 billion market share. And just a few weeks ago, legacy and crypto giants including VanEck, StateStreet, Sky, Ethena, Agora, and others were competing to submit Hyperliquid’s USDH stablecoin proposal.

Still, Hesuh believes that Hyperliquid’s leadership is “no longer uncontested.” While the interest in decentralized exchanges helps Hyperliquid, it must now “fight harder to preserve its edge.”

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September 24, 2025 0 comments
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Coinbase Ceo Calls Crypto Legislation A 'Freight Train' Push
Crypto Trends

Coinbase CEO Calls Crypto Legislation a ‘Freight Train’ Push

by admin September 18, 2025



Brian Armstrong, the CEO of Coinbase, expressed strong confidence this week about the advancement of legislation aimed at the market structure for digital assets in the cryptocurrency space. He noted that this legislation would protect all non-stablecoin crypto assets, such as Bitcoin and Ethereum. He compared the legislative process to a “freight train leaving the station,” emphasizing the strong support from both Democrats and Republicans in Congress. 

Armstrong, who met with US lawmakers from both parties over several days, shared his views in a video posted on X. “This is how we ensure the crypto industry can be built here in America, driving innovation and protecting consumers, and making sure we never have another Gary Gensler trying to take your rights,” he said, referring to the current SEC chair’s enforcement-heavy approach to crypto.

He added that the lawmakers won’t allow the banking industry’s attempt to ban interest on stablecoins. In mid-August, banking groups said stablecoins that pay interest could harm traditional banks, which rely on high-interest savings accounts to attract deposits for funding loans. These groups tried to ban interest on stablecoins in the GENIUS Act but failed.

He further highlighted robust Senate support, noting that members across the aisle are eager to advance the draft bill. The legislation is currently in a back-and-forth refinement stage before broader public input from industry stakeholders. Senator Cynthia Lummis, R-Wyo., a leading proponent, predicted earlier this month that the bill could reach the U.S. President Donald Trump’s desk for signature by the year’s end.

The roundtable discussions drew executives from major crypto firms, including Ripple, Kraken, Circle, and Cardano, as well as venture capital players like Andreessen Horowitz (a16z), Paradigm, and Multicoin Capital. These sessions underscored growing momentum for structured oversight that balances innovation with consumer safeguards.

Kraken CEO urges bill to protect crypto builders

Kraken CEO Arjun Sethi emphasized the need to prioritize developers and innovators in the bill’s framework. During the talks, Sethi advocated for protections that extend to protocols, blockchains, memes, tokenized equities, and other utilities. 

“Thank you to everyone in DC fighting for crypto’s future. But the real fight is bigger: protecting the right to build protocols, chains, memes, tokenized equities, commodities, utilities, etc., and ensuring incentives stay with the builders, not just incumbents,” he posted on X.

Momentum builds for bitcoin reserve 

Separately, momentum is building around a proposed national bitcoin reserve. On Tuesday, August 16, 2025, 18 crypto leaders, including MicroStrategy Executive Chairman Michael Saylor, met U.S. lawmakers and had a productive meeting to talk about creating a national Bitcoin reserve backed by the Trump administration at Capitol Hill. 

They discussed the BITCOIN Act, a proposal from Senator Cynthia Lummis, which aims to have the U.S. government buy one million Bitcoin over five years without adding to the national budget. 

To fund this, they suggested ideas like revaluing the Treasury’s gold certificates or using money from tariffs. These efforts indicate the crypto industry’s push to grow in the U.S. while competing globally. 

Lawmakers are working more closely with the industry, which is a positive change, but the bill still needs to pass through committees and votes to become law. For now, crypto leaders see these discussions as an important step forward.

Also Read: UK FCA to Relax Crypto Rules, Boost Cyber Laws: FT



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September 18, 2025 0 comments
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Coinbase CEO Says Clarity Act Is A Freight Train Leaving The Station
Crypto Trends

Coinbase CEO Says Clarity Act Is A Freight Train Leaving The Station

by admin September 18, 2025



Coinbase CEO Brian Armstrong says that critical legislation to advance crypto in the US has “a good chance of getting done” after witnessing strong bipartisan support for the crypto market structure bill this week. 

The Digital Asset Market Clarity Act seeks to clarify the roles of the Securities and Exchange Commission, the Commodity Futures Trading Commission and other financial agencies that regulate the crypto market, especially non-stablecoins such as tokenized stocks.

After meeting with lawmakers over the last few days, Coinbase CEO Brian Armstrong said: “This is how we ensure the crypto industry can be built here in America, driving innovation and protecting consumers, and making sure we never have another Gary Gensler trying to take your rights.”

“The Senate is strongly supportive of getting this done; the members I met with on both sides of the aisle are ready to get this legislation passed,” Armstrong said in a video posted to X, noting that the draft bill is being exchanged back and forth before it heads to the industry participants for public input.

“I think this has a good chance of getting done, I’ve actually never been more bullish on the market structure [bill] getting passed, it’s a freight train leaving the station.”

I was in DC the last few days working to get MARKET STRUCTURE legislation passed for crypto. This is how we ensure the crypto industry can be built here in America, driving innovation and protecting consumers, and making sure we never have another Gary Gensler trying to take your… pic.twitter.com/UqCH8jCNU8

— Brian Armstrong (@brian_armstrong) September 18, 2025

Senator Cynthia Lummis predicted earlier this month that the CLARITY Act would get to President Donald Trump’s desk to sign before the end of the year.

Among the other crypto representatives reportedly in attendance were executives from Ripple, Kraken, Circle, Cardano and tech-focused venture capital firms a16z, Paradigm and Multicoin Capital.

The bill should prioritize protecting builders: Kraken boss

Kraken CEO Arjun Sethi said his contributions in the roundtable discussion focused on how the market structure bill can support crypto products and services in a way that benefits its builders as a priority. 

“Thank you to everyone in DC fighting for crypto’s future. But the real fight is bigger: protecting the right to build protocols, chains, memes, tokenized equities, commodities, utilities, etc. and ensuring incentives stay with the builders, not just incumbents.”

Armstrong also added that lawmakers won’t allow the banking industry’s attempt to ban interest on stablecoins. In mid-August, several banking groups warned that yield-bearing stablecoins could threaten the traditional banking model, which depends on attracting deposits with high-interest savings products to fund loans.

The banking groups already tried to ban interest on stablecoins in the GENIUS Act, but weren’t successful, Armstrong noted.

Bitcoin reserve bill is also gaining momentum

It appears to have been a productive week on Capitol Hill. 

US lawmakers also met on Monday with 18 Bitcoin leaders, including Strategy chairman Michael Saylor, to discuss how Congress can move forward with the Trump administration’s Strategic Bitcoin Reserve.

Related: SEC, Gemini Trust reach agreement over crypto lending dispute

Saylor and his peers pitched ideas as to how the Cynthia Lummis-sponsored BITCOIN Act can be passed, and see the US government acquire one million Bitcoin over the next five years through budget-neutral strategies. 

Among the budget-neutral strategies that have been floated so far are the reevaluation of the Treasury’s gold certificates and tariff revenue.

Magazine: Astrology could make you a better crypto trader: It has been foretold





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September 18, 2025 0 comments
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How to Train Your Dragon
Gaming Gear

‘How to Train Your Dragon’ Remake: Release Date and Time on Peacock

by admin September 15, 2025


Need a live-action Night Fury in your life? The recent How to Train Your Dragon remake is hitting Peacock, so animated film fans can spend more time with the franchise’s Vikings and dragons.

The new version from Universal Pictures stars Mason Thames as the misfit Viking teen Hiccup, and Gerard Butler as Hiccup’s dragon-loathing dad, Stoick the Vast (Butler also voices the character in the animated movie). Nico Parker plays Astrid, the tough girl Hiccup has a crush on, and Nick Frost plays the village of Berk’s blacksmith, Gobber. The live-action film has a 76% score on Rotten Tomatoes. It’s written and directed by Dean DeBlois, who co-directed and co-wrote the 2010 original.

Don’t miss any of our unbiased tech content and lab-based reviews. Add CNET as a preferred Google source.

If you want to stream a movie with adventure, underdogs and deceptively fearsome dragons, here’s when the How to Train Your Dragon remake premieres on Peacock.

When to watch the How to Train Your Dragon remake on Peacock

US viewers can start watching the live-action flick as early as 6 a.m. ET (3 a.m. PT) on Friday, Oct. 10. 

Peacock will also offer the three animated movies — How to Train Your Dragon (2010), How to Train Your Dragon 2 (2014) and How to Train Your Dragon: The Hidden World (2019) — starting Oct. 1. The streaming service now offers three tiers: $11 per month Premium, $17 per month Premium Plus and $8 per month Select, which doesn’t carry some Peacock offerings like originals and Universal Pictures movies. You’ll need Premium, which is ad-based, or Premium Plus, which is mostly ad-free, to stream the live-action How to Train Your Dragon remake.

James Martin/CNET

Peacock is among the streaming services that have raised prices in 2025. If you plan to use Peacock for a while and want to save some money, you could consider prepaying for a year for less than the cost of 12 separate months. Students may be eligible for discounted Peacock Premium, and Walmart Plus customers will soon be able to select the ad-supported plan as a streaming perk.



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September 15, 2025 0 comments
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US Congressman’s Brother Lands No-Bid Contract to Train DHS Snipers
Gaming Gear

US Congressman’s Brother Lands No-Bid Contract to Train DHS Snipers

by admin September 4, 2025


The US Department of Homeland Security (DHS) this month quietly awarded a $30,000 no-bid contract for sniper and combat training to a Virginia firm run by Dan LaLota, the brother of US representative Nick LaLota, a second-term Republican from New York.

Finalized on September 2, the award went to Target Down Group of Mechanicsville, Virginia, which will provide a five-day precision fires and observation course for the Homeland Security Investigations’ Special Response Team (SRT) sniper program. The course, intended to help inform new DHS procedures, is “aimed at equipping them with the necessary skills and knowledge to effectively conduct law enforcement sniper operations in high-risk environments,” per records reviewed by WIRED.

The SRT functions as the agency’s version of a SWAT team, composed of special agents with advanced tactical training for situations deemed too dangerous for standard personnel. SRT members wear military-style camouflage and helmets, carry a range of weapons, and train in breaching, sniper tactics, and close-quarters combat.

According to federal procurement records, the SRT contract was issued on a sole-source basis, with officials citing Target Down Group’s prior work with Homeland Security Investigations as well as its pre-clearance to conduct live-fire exercises at a law enforcement facility in Arizona.

Congressman LaLota, who served on the House Homeland Security Committee in the previous session, could not be reached for comment. Calls to his New York and Washington, DC, offices went unanswered Thursday.

DHS did not respond to a request for comment.

Reached by phone, Dan LaLota said his firm’s deal with ICE has nothing to do with his brother’s position in Congress. “I’m not a new guy on the block,” he tells WIRED, adding there’s only a few people qualified to provide the training DHS requested. “To say my company would be the only one eligible would not be unsound.”

LaLota added he could not speak on ICE’s behalf and declined to discuss details of his company’s work, calling the questions an invasion of privacy while directing reporters to his firm’s website for information about its staff and expertise.

Target Down Group’s website lists Dan LaLota, a retired Marine sniper, as the company’s president. According to his brother’s congressional biography, Dan LaLota served two decades in the Marine Corps, including tours with Force Reconnaissance and Marine Special Operations Command, earning a Bronze Star with Valor for actions in Fallujah, Iraq. LaLota told WIRED he also has seven years as a scout sniper instructor.

Federal procurement records list Target Down Group as a Virginia company; however, state records show the firm is not legally authorized to operate as a Virginia corporation at this time, having been terminated in November 2024 automatically after failing to meet its yearly filing and fee requirements with the state’s corporate registry. Nevertheless, the company was registered separately in Florida as of July. (Asked about the discrepancy, Target Down Group CEO Christopher Allison acknowledged the inquiry but did not provide comment.)

Federal acquisition rules allow sole-source contracts under certain conditions, effectively bypassing the competitive bidding process often required for federal awards. In a redacted justification memo, DHS said Target Down Group was the only vendor able to deliver the training, citing a tight operational schedule as well as the firm’s prior work with its sniper program and established ties to Arizona police, some of whom are participating in the exercise.

Dan LaLota declined to discuss any previous work for the government. “I’m not at liberty to discuss what business I have with a stranger like yourself. I hope you can understand that,” he said.

In June, NBC News reported that SRT units were preparing to deploy to several Democratic-led cities, including Philadelphia, Chicago, Seattle, Northern Virginia, and New York. The planned deployments followed immigration raids in Los Angeles that sparked days of protests and clashes with law enforcement. Philadelphia officials told NBC they had received no notice of incoming ICE forces.

President Donald Trump has repeatedly defended sending federal law enforcement and National Guard troops into Democratic-led cities by claiming they are plagued by “runaway crime,” a description critics call exaggerated and politically driven. In cities such as Chicago, Baltimore, and New Orleans, local and state officials have resisted the deployments, arguing they are motivated by politics, not public safety.



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September 4, 2025 0 comments
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