Native Markets has secured the USDH ticker for Hyperliquid’s native stablecoin, rising because the winner in a heated governance vote that drew bids from heavyweights together with Paxos and Ethena. Key Takeaways: Native Markets gained the USDH stablecoin bid for Hyperliquid, defeating Paxos and different rivals. Paxos failed to realize traction regardless of a revised…
Coinbase is racing to keep forward of a wave of latest opponents as it pivots from being a pure crypto alternate to a broader monetary companies platform. Key Takeaways: Coinbase is increasing past buying and selling into custody, derivatives, and stablecoins as competitors intensifies. Despite robust ETF custody revenues and new ventures, Coinbase stays closely…
Veteran Wall Street strategist Jordi Visser expects US monetary establishments to improve their publicity to Bitcoin earlier than the tip of 2025, signaling what might be a brand new wave of institutional inflows into the digital asset house. Key Takeaways: Wall Street is predicted to improve Bitcoin allocations by the tip of 2025, in accordance…
Shiba Inu’s Layer 2 community, Shibarium, got here beneath hearth on Friday after a coordinated flash mortgage assault exploited its bridge to Ethereum, draining practically $3 million in tokens and triggering an emergency developer response. (*2*) Key Takeaways: Shibarium’s bridge was exploited in a flash mortgage assault, draining practically $3 million in ETH, SHIB, and…
Blockchain prediction market Polymarket is getting ready a return to the United States because it eyes a possible $10 billion valuation, in line with a Friday report by Business Insider. Key Takeaways: Polymarket is planning a U.S. return and in search of a valuation of as much as $10 billion. The platform gained traction after…
A co-founder of THORChain had roughly $1.35 million taken from a forgotten MetaMask pockets after attackers used a hacked Telegram account and a pretend Zoom assembly to realize entry to his saved keys, in line with stories. The theft was first flagged on-chain and later confirmed by a number of information shops and investigators. THORChain:…
In the second week of September, the altcoin season index reached 80 factors, formally getting into the acceleration section. This is the stage when capital usually flows into low-cap altcoins, even when they lack main information occasions. On-chain information reveals that some altcoins with a market capitalization under $200 million are experiencing sharp declines in…
Tether, the corporate behind the world’s most generally used stablecoin, has introduced plans to launch USA₮, a U.S.-regulated, dollar-backed token to strengthen the function of the U.S. greenback in digital markets. Alongside the revealing, Tether named Bo Hines, the previous Executive Director of the White House Crypto Council, because the incoming CEO of Tether USA₮….
Altcoin season continues to indicate rotation into tokens tied to specific catalysts. Price motion this week has been concentrated in property supported by institutional participation, company partnerships, and protocol integrations. Pudgy Penguins, Solana, and Jupiter stand out as three trending tokens the place information and liquidity flows have mixed to generate momentum. Pudgy Penguins advantages…
The WLFI buyback and burn proposal has simply gone dwell. It guarantees to show treasury charges into direct shopping for stress and completely scale back provide throughout the community. Could WLFI quickly witness a 50% value surge because the treasury formally “pours cash” into shopping for and completely burning tokens? Catalyst: ‘Buyback & Burn’ on…