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Flash

first_img Breez SDK launched stablecoin payment functionality, supporting over 30 networks

According to Bitcoin Magazine, Bitcoin software provider Breez announced that applications built on its Breez SDK now support users receiving stablecoin payments from over 30 networks using their Bitcoin balance.Breez stated that after the recipient selects the network and amount of the payer, the SDK generates a deposit address and displays the amount received, while the payer pays from their wallet as usual; Flashnet completes the exchange in the background, and the funds ultimately enter the recipient's non-custodial wallet in the form of Bitcoin, or in the form of USD if the stable balance feature is used.In June of this year, Breez launched the ability to send USDT/USDC, allowing a single Breez-powered balance to transfer stablecoins bi-directionally across almost all networks. This update is the latest in a series of usability upgrades, following the rollout of features such as Passkey login, Cash App instant account opening, and stable balance. Breez also launched a reference application called Glow in August to showcase the capabilities of the SDK.The Breez SDK is a developer toolkit that allows applications to add Bitcoin payments without having to build their own payment infrastructure, covering wallet creation, sending and receiving, and Lightning Network payments. Developers can provide Bitcoin functionality with minimal code, without needing to run nodes or manage liquidity.In July of this year, Breez announced a partnership with Turnkey, allowing developers to add non-custodial Bitcoin support to wallet applications running on their own servers.

first_img The Southern District Court of New York rejected the preliminary injunction motion against Susquehanna for insider trading

On September 14, 2026, Judge Arun Subramanian of the United States District Court for the Southern District of New York issued an opinion and order denying the plaintiff's motion for a preliminary injunction. The case number is 1:26-cv-05474-AS, with the plaintiffs being market makers Susquehanna Securities, LLC and Susquehanna Investment Group, and the intervenor being market maker Citadel Securities LLC, while the defendants are John Does 1 through 100. The plaintiffs filed the lawsuit on June 29, 2026, claiming violations under Section 20A of the Securities Exchange Act of 1934 and unjust enrichment claims.The plaintiffs allege that the defendants traded on significant non-public information, specifically an announcement on May 22, 2026, regarding "the Chinese government's crackdown on cross-border trading platforms," which led to a collapse of the relevant securities. The plaintiffs sought a preliminary injunction to restrict the 40 defendants, as reduced, from transferring, encumbering, removing, or otherwise disposing of the profits obtained through the alleged insider trading activities in their accounts at third-party brokerage firms, or sought a seizure order. The court found that the plaintiffs failed to demonstrate the elements necessary to prove that they may suffer irreparable harm, and the motion was denied.
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