The U.S. Securities and Exchange Commission approved an "innovation exemption" that creates a temporary, conditional route for on-chain trading of certain tokenized NMS stocks, with SEC Chair Paul S. Atkins laying out four core requirements. Those include U.S.-based venues, permissioned access, a ban on synthetic tokenized equities, and an issuer opt-out right backed by a 30-day notice process. The agency also said token holders must receive rights equivalent to those attached to traditional securities, including dividends and voting rights. Elsewhere, U.S. spot Bitcoin ETFs posted $159 million in net inflows on Sept. 17, according to SoSoValue. BlackRock's IBIT was the only fund with net inflows, adding $184 million, while Fidelity's FBTC saw the largest daily outflow at $16.6386 million. Total net assets across spot Bitcoin ETFs stood at $96.247 billion, with a net asset ratio of 6.26% and cumulative historical net inflows reaching $54.728 billion. The day also brought a wide set of market and project updates: a Bitcoin whale moved 1,651.82 BTC to Kraken, Hyperliquid launched manual borrowing against HYPE and BTC, Across Protocol began its transition to AcrossCo with ACX set to lose all functions after Jan. 8, 2027, and Nostra paused lending after an oracle manipulation incident on Starknet.

PANews’ July 25 daily roundup collected a broad set of crypto regulatory, market, project, funding, and data developments, led by two market signals: analysts said stablecoin inflows to exchanges have fallen to their lowest level of 2025, while U.S. spot Bitcoin ETFs recorded a combined net outflow of $240 million on July 24, with BlackRock’s IBIT accounting for $212 million of that figure. The report also covered a Hong Kong court sentencing Xiao Rui, son of former Wuhan supervisory official Xiao Jun, to six years and nine months in prison in a money-laundering case involving more than HK$64 million; Thailand’s SEC filing criminal complaints against Bitkub Online and two former directors over disclosures tied to a 2021 theft; and India’s move to ask GitHub to remove repositories for Bitchat, an offline messaging app backed by Jack Dorsey. On the project and corporate side, PANews highlighted Robinhood’s talks with Crypto.com on prediction markets, Across Protocol’s post-mortem on a relayer incident, LayerZero’s plan to wind down support for 20 low-activity chains, Phantom’s scheduled end of support for Monad, BlackRock’s transfer of about 3,126 BTC to Coinbase Prime, Circle’s mint of 250 million USDC, and World Foundation’s $52.5 million strategic WLD sale led by Pantera Capital. The roundup also included updates on Anduril, LMAX, B2C2, Capital Group, ARK, Kinetic Group, Bitcoin volatility, and Hyperliquid buybacks.

Across Protocol has released a post-incident report on a Relayer security event tied to Solana operations. The report says an attacker exploited a vulnerability in Risk Labs’ offchain software for reading Solana events and forged 1,627 fake deposit events with a total face value of about $41.7 million. Before Solana services were paused, the Relayer advanced funds for 581 of those transactions, using roughly $4.5 million of its own capital. The remaining fake deposits, worth about $37 million, were rendered invalid. Across Protocol said the incident did not involve a smart contract vulnerability. It added that all user transfers were either completed the same day or fully refunded. According to the report, losses were limited to Risk Labs’ own relayer capital, and after accounting for about $500,000 in attacker funds, net losses were below $4 million. The team also said Solana order flow has now been shifted to route entirely through CCTP, while the ACX token buyback plan remains unchanged.

Across Protocol's ACX token jumps 85% after a governance proposal suggests converting tokens into company shares. Holders can swap 1:1 for equity or sell at $0.04375 USDC.

Across Protocol said it was attacked on Solana at around 13:30 today, but user funds remain safe and all cross-chain transfers have been completed. The protocol has paused Solana deposits while keeping the rest of the system operating normally. According to Across, any potential loss from the incident is limited to the relayer operated by Risk Labs, the foundation backing the protocol. Across also said it is working with security team SEAL 911 to track related addresses, including ones beginning with 8bkoZ, 0xa0C0e, and 0xA6fb9. The team said it will continue to provide updates and plans to release a full post-mortem report in the coming days.

Across Protocol, an intent-based cross-chain bridge with over $14B TVL, faces a 97.63% price drop from its all-time high. This article analyzes its mechanism, tokenomics, market performance, and future outlook.

Across Protocol has processed over 100 billion transactions with a TVL exceeding $14 billion. This article analyzes its mechanism, tokenomics, price performance, and market outlook.

Across Protocol, a cross-chain bridge using intents, has processed over 10 billion transactions with a combined TVL exceeding $14 billion. The ACX token powers governance, staking, and liquidity incentives. Analysis of growth, tokenomics and market implications.