Author: John Smith
The choice of a layer-2 network for South Korea’s largest exchange is a testament to Ethereum’s central role in the DeFi space. Summary South Korea’s largest crypto exchange is launching its own network Giwa network will be a layer-2 chain, built for fast speeds Upbit dominates South Korea’s crypto market with 73.4% of volumes South Korea’s largest crypto exchange, Upbit, has officially stepped into blockchain infrastructure. On September 9, the exchange launched GIWA Chain, an Ethereum layer-2 network built on the Optimism OP Stack. The launch was announced at the Upbit D Conference (UDC) in Seoul after teasers in the…
Cardano price continued its strong rebound today, Sept. 9, reaching its highest point since August. Technicals point to further gains in the coming week as the deadline for ADA ETF approval approaches. Summary Cardano price could rise by 20% in the coming weeks. The SEC will deliver its decision on ADA ETF in October. ADA will likely rise to towards the approval date. Cardano (ADA) rose to $0.90, up 13% from its lowest level this year, bringing its market capitalization to over $31.7 billion. Its daily volume rose to over $1.7 billion, a sign of robust demand. Cardano price technical…
Bitcoin’s futures market is cooling down after months of high-stakes activity. New data suggests retail traders are now dominating the scene, as whales scale back. Summary Whale participation in Bitcoin futures is declining, as shown by lower average order sizes and reduced large trades. Retail traders now dominate the BTC futures market, contributing to weaker price momentum and increased volatility. Futures sentiment has turned bearish, with taker sell volume outweighing buys since late July, despite BTC holding above $110K. Bitcoin is consolidating between $100K–$125K, and without renewed whale interest, a breakout remains unlikely in the near term. Bitcoin’s (BTC) futures…
XRP is surging this week, with its price climbing past the key $3 level as bullish momentum builds across the market. Summary XRP price broke above the key $3 mark, with technicals pointing to a potential move toward $4.70 Ripple’s custody partnership with BBVA in Spain adds momentum to institutional adoption. Whale accumulation of $630 million and rising ETF approval odds strengthen bullish sentiment. At press time, XRP (XRP) is trading at $3.07, up nearly 4% on the day and extending a run that has carried it from lows near $2.75 earlier this month. The $3 threshold marks a significant…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin’s price volatility continues, some investors are turning to cloud mining platforms like Sunny Mining to seek alternative growth opportunities. Summary Bitcoin’s sharp price swings are pushing some investors to explore alternative strategies. Sunny Mining offers cloud mining contracts without the need for hardware or technical setup. The platform allows flexible entry levels, daily earnings tracking, and reinvestment options. Bitcoin’s soaring price has captivated countless investors. However, smart money isn’t chasing the price at its peak, instead quietly…
The U.S. Securities and Exchange Commission’s crypto task force is set to host the next roundtable meeting in October to discuss financial surveillance and privacy. Summary SEC crypto task force to hold Oct. 18 roundtable on financial surveillance and privacy. Commissioner Hester Peirce said protecting privacy is “critically important” for Americans. Commissioner Hester Peirce, who heads the crypto task force, stressed the importance of protecting the privacy of Americans in a Sep. 8 notice, adding that technologies that help do so are “critically important,” as they allow individuals to decide how their sensitive information is shared and protected. “Understanding recent…
SwissBorg, a Swiss crypto wealth management platform, suffered a $41 million hack on Sept. 8 after attackers exploited a vulnerability in a partner’s API. Summary SwissBorg lost $41M in SOL after a September 8 hack exploiting partner Kiln’s API. Only 1% of users were affected, with treasury funds covering losses. The incident highlights rising risks from API vulnerabilities in DeFi. The company confirmed the breach in an X post on the same day, assuring users that core systems and other services remained unaffected. API flaw linked to Kiln partner The exploit stemmed from SwissBorg’s integration with staking provider Kiln. Hackers…
Aethir’s price soared as the cryptocurrency market registered an uptick, with the token’s gains outpacing those across the decentralized physical infrastructure networks ecosystem. Summary Aethir price rose 43% to hit highs near $0.045. Gains saw the token outpace Bittensor, Render and other top DePIN coins. The bounce for ATH comes as cryptocurrencies mirror the bullish outlook across risk asset markets ahead anticipated Federal Reserve interest rate cut. The Aethir (ATH) token traded to an intraday high near $0.045 as price spiked more than 43% in the past 24 hours. Per market data, the altcoin’s value jumped from lows of $0.030…
MegaETH is creating a new economic core by launching the USDm stablecoin. The asset leverages yield from institutional-grade reserves to subsidize network operations, aiming to permanently decouple revenue from user fees. Summary MegaETH partnered with Ethena to launch USDm, a stablecoin designed to finance Layer 2 operations. USDm uses reserve yields, mainly from BlackRock’s tokenized treasury fund, to subsidize network costs and lower fees. In an announcement on September 8, MegaETH revealed that it is partnering with Ethena to roll out USDm, a native stablecoin designed to finance sequencer operations without relying on transaction markups. Instead of passing costs on…
The premier tech stock exchanges in the U.S. is preparing to start offering tokenized assets to its traders. Summary Nasdaq filed with the SEC to enable it to trade tokenized securities These tokenized assets will retain all investor rights and protections The total value of tokenized assets has doubled in 2025 Asset tokenization has gotten its biggest endorsement yet. On Monday, September 8, the Nasdaq stock exchange announced a filing with the U.S. Securities and Exchange Commission seeking approval to trade tokenized securities. According to Tal Cohen, president of Nasdaq, the move aims to leverage blockchain’s speed and efficiency while…