Crypto

Bubblemaps flags 100 wallets that claimed 9.8 million MYX tokens worth around $170 million, calling it the “biggest airdrop Sybil of all time.” Blockchain analytics firm Bubblemaps has flagged what it claimed could be the largest Sybil attack in crypto history, identifying around 100 freshly funded wallets that claimed 9.8 million MYX tokens, worth $170 million, from a recent airdrop. In a series of X posts on Wednesday, Bubblemaps revealed that the wallets received similar amounts of BNB (BNB) from crypto exchange OKX within minutes of each other, nearly a month before the airdrop. “Everyone is talking about MYX hitting a $17B FDV A 20x in under 48 hours,” Bubblemaps wrote. “But we spotted something unusual. Something no one is mentioning,” it added. Read more

U.S. stablecoin regulations will fuel local alternatives, not dollar dominance, Central Chain co-founder Ian Estrada argues.

Collaboration aims to merge tokenized securities expertise with global trading reach.

The company has sold non-core units to streamline into a blockchain-native payments platform, said Clear Street.

Chainlink co-founder Sergey Nazarov discusses his company’s recent partnerships and engagements with the White House, SEC, and Commerce Department, and the role Chainlink may soon play in bringing Wall Street, the federal government, and even voting on-chain.

Republicans should meet them in the middle, to avoid major risk of reversals and clawbacks in a potential 2028 change of power.

EIP-7943 author Dario Lo Buglio told Cointelegraph that the standard’s goal is to solve industry fragmentation with standardized functions for compliance. A coalition of Web3 companies has introduced a new Ethereum token standard designed to streamline compliance and reduce fragmentation in the growing real-world asset (RWA) sector. According to an announcement sent to Cointelegraph, the standard, ERC-7943, creates a minimal, modular interface designed to work across Ethereum layer-2s and Ethereum Virtual Machine (EVM) chains, while remaining agnostic to implementation and vendor-specific infrastructure. This means it can work in any setup and isn’t locked into any specific company’s tools.  Dario Lo Buglio, the co-founder of Brickken and the author of the Ethereum Improvement Proposal (EIP)-7943, told Cointelegraph that the new standard acts as a “universal layer” that sits on top of any token type. This allows developers and institutions to avoid having to use wrappers and custom bridges while integrating t...

The SEC’s Paul Atkins commented on Project Crypto, proposing one regulatory framework for trading, lending and staking digital assets. US Securities and Exchange Commission (SEC) Chair Paul Atkins said that “most crypto tokens are not securities,” while outlining a sweeping plan to integrate crypto activities like trading, lending and staking under a unified regulatory framework. “It is a new day at the SEC,” Atkins said during a keynote address at the Organization for Economic Cooperation and Development (OECD) Roundtable in Paris on Wednesday. “Policy will no longer be set by ad hoc enforcement actions,” he added, contrasting the previous administration’s aggressive crackdown on crypto firms. “We will provide clear, predictable rules of the road so that innovators can thrive in the United States,” Atkins said. Read more

CoinMarketCap's altcoin season index rose to almost 60% in a signal that the season is upon us.

Kyrgyz lawmakers passed amendments to the “On Virtual Assets” bill in three readings, defining terms like a state crypto reserve and state crypto mining. Kyrgyzstan, a key emerging player in Central Asia’s crypto market, has advanced a bill to establish a state cryptocurrency reserve and support the growth of the wider digital asset industry. Kyrgyz lawmakers have passed amendments to a bill “On virtual assets” in three readings at once, officially cementing terms like “state crypto reserve” and “state mining,” the parliament announced on Wednesday. Presented by Economy and Commerce Minister Bakyt Sydykov, the bill addresses multiple aspects of Kyrgyzstan’s crypto adoption, including establishing a legal framework for the issuance and circulation of stablecoins, tokenized real-world assets (RWAs) and state-run industry operations. Read more

Pump.fun’s token has climbed within touching distance of its debut price, following the meme coin platform clawing back market share.

Arizona-based asset manager Caliber purchased Tuesday an undisclosed amount of LINK as part of its digital asset treasury strategy focused on Chainlink.

Ether price is stuck in a range, with multiple ETH metrics suggesting that the price could see a deeper correction in the short term. Key takeaways: Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability. Read more

Paxos updated its bid to issue Hyperliquid’s USDH stablecoin, unveiling a PayPal-backed product with payment integration and a revenue model tied to the DEX’s growth. Stablecoin issuer Paxos has updated its proposal to issue USDH, the planned stablecoin of decentralized exchange (DEX) Hyperliquid, adding support from PayPal and Venmo. In a Wednesday announcement, Paxos updated its Saturday proposal to issue USDH. The firm stated that “PayPal has committed to supporting the Hyperliquid ecosystem,” by listing the HYPE token, supporting the new stablecoin with free on and off-ramps and supporting both USDH and Hyperliquid (HYPE) for PayPal checkout. PayPal would also provide $20 million in incentives committed to the HYPE ecosystem and integrate USDH into its payment app, Venmo, and money remittance service, Xoom. Paxos also stated that its regulatory standing in the European Union would allow its stablecoin to circulate there as well, “ensuring that USDH can scale globally.” Read more

An Indian Union Minister has disclosed crypto gains for a second year, as regulatory paralysis undermines India's global digital asset leadership.

Who owns the most XRP in 2025? From Ripple’s enormous stake to Chris Larson’s billions, get the full XRP rich list breakdown here. Ripple Labs is by far the largest XRP (XRP) owner, controlling around 42% of the total 100 billion supply. This is unsurprising, as it is the company that developed the XRP Ledger and created the XRP digital currency. The San Francisco-based operation has its massive stake broken down into two categories: Read more

The Tokyo-listed firm has set terms for executing its latest offering, dedicating nearly 90% of proceeds to new Bitcoin purchases.

Dogecoin's proof-of-work consensus gives it a technical advantage over meme coins like Shiba Inu and Pepe, an expert told Decrypt.

The SEC has set a November deadline as it reviews Grayscale’s Hedera Trust alongside a growing list of crypto ETF applications.

GameStop has reported a narrower loss in Q2, as Bitcoin holdings boost assets, although revenue continues to slide.