US Bitcoin Perpetuals Go Live as SEC Token Fundraising Rules Lag

US Bitcoin perpetual futures go live as SEC fundraising rules lag Kalshi and Bitnomial now offer CFTC-approved Bitcoin perpetuals, giving US traders a regulated high-leverage route, while the SEC's Regulation Crypto Assets—the proposed path for token issuers to raise funds—remains open for comment until October 20. 1

Stablecoin supply tops $303B as USDT adds 1.6M holders Total stablecoin supply rose $2.23B in a week to $303.1B, with USDT at roughly $183B and USDC at about $73.7B. Tether's holder count grew nearly 3x faster than USDC's, adding 1.6M holders in seven days. 23

Term Labs governance exploit drains $8.5M from vaults Attackers used bought voting power to extract roughly 2,843 ETH and 1.68M USDC from Term Vaults built on Yearn v3; initial funding traced to 2 ETH via Tornado Cash. 4

Paxos stablecoins USDG and PYUSD add $314M in market cap USDG drove most of the growth, reaching about $3.4B market cap, boosted by its role as Robinhood Chain's native stablecoin; both tokens remain OCC-supervised. 5

Chainlink adds 12 integrations across 10 blockchains New protocols on Arbitrum, Solana, Base, and seven other chains gain access to Chainlink data feeds and CCIP, signaling continued DeFi infrastructure expansion. 6

Robinhood Chain moves brokerage customers and assets onchain Robinhood ended Q1 with 27.4M funded customers and $307B in platform assets, and its Arbitrum-based Layer 2 now supports 2,000+ stock tokens across Europe and onchain. 7