Crypto

The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees. MegaETH, an Ethereum layer-2 protocol backed by Vitalik Buterin, announced the upcoming launch of a yield-bearing stablecoin that might give it a different business model than traditional L2s, which drive revenue through transaction fees. The stablecoin, USDm, is being developed in partnership with Ethena, an algorithmic stablecoin protocol with $13 billion in total value locked (TVL). It will launch on Ethena’s USDtb infrastructure, which channels reserves into BlackRock’s BUIDL — a tokenized US Treasury bill fund with a $2.2 billion market cap and steady yield, according to RWA.xyz. Yield from the stablecoin’s reserves will reportedly be used to offset sequencer fees, the Ethereum gas costs a layer-2 incurs when publishing batches of transactions to the main chain. Read more

ChatGPT predicts XRP, Pepe, and Shiba Inu could generate substantial returns in the months ahead, with momentum fueled by Bitcoin’s surge past $124K, Trump’s stablecoin legislation, and SEC reforms that analysts believe may set the stage for a strong altcoin rally. The post New ChatGPT Predicts the Price of XRP, Pepe and Solana by the End of 2025 appeared first on Cryptonews.

Meme coins have attracted new attention as the crypto market shows recovery. Maxi Doge has raised $1.9M with staking incentives, PEPENODE introduces a mine-to-earn model with rapid presale growth, and Wall Street Pepe expands to Solana while outpacing larger tokens, keeping sub-$1 tokens in focus. The post 3 Meme Coins to Buy Below $1 – 8 September appeared first on Cryptonews.

OpenSea unveiled a $1 million flagship collection initiative to acquire, curate, and celebrate digital art; the platform is preparing for a mobile app beta in mid-September and an SEA token launch. The post OpenSea $1M NFT Fund Eclipsed by Major SEA Token Announcement appeared first on Cryptonews.

Aquabot has faced scrutiny after Presale terms have shifted to vesting and Rug concerns have followed 21,770 SOL (~$4.65M) routed in four tranches via intermediaries to exchanges, per ZachXBT; replies on X have been locked as calls for transparency across Solana have grown. The post Solana Project Aquabot Vanishes With $4.65M in Presale Rug Pull After Being Promoted by Major Influencers appeared first on Cryptonews.

Eightco shares surged after unveiling plan to hold Worldcoin as its main treasury asset.

SEC Commissioner Hester Peirce warned that layer-2 blockchains operating centralized matching engines may face exchange registration requirements while advocating for regulatory protection of truly decentralized protocols. During an interview on The Gwart Show, Peirce noted her vision for crypto regulation, drawing sharp distinctions between immutable code operating on decentralized networks and centralized entities using blockchain […] The post SEC’s Peirce warns L2 chains with centralized sequencers may face exchange registration appeared first on CryptoSlate.

Hackers drained 193,000 SOL from SwissBorg’s Solana Earn program after a Kiln API was compromised, affecting 1% of users and 2% of assets. SwissBorg, a Switzerland-based crypto wealth management platform, said hackers exploited a vulnerability in the API of its staking partner Kiln, draining about 193,000 Solana tokens from its Earn program.  The SwissBorg app and other Earn products were not impacted by the hack, the company wrote in a post on X. The stolen SOL (SOL) tokens were worth roughly $41 million at time of writing. The breach originated with Kiln, a staking infrastructure provider that powers yield products on blockchains such as Solana and Ethereum. Read more

XRP accumulation has reached its highest point in more than two years – XRP price prediction eyes new high with smart money buying the dip. The post XRP Price Prediction: Whale Accumulation Hits 2-Year High – Bull Market Starting Now appeared first on Cryptonews.

Aptos faces a $48M supply release while struggling to recover from monthly losses, testing whether recent gains can withstand fresh pressure.

Justin Sun's USDD on Ethereum has launched with a Peg Stability Module for 1:1 USDT/USDC swaps after a CertiK audit. The Stablecoin has kept 204.5% overcollateralization and rewards up to 12% APY, while Tether has led liquidity and market cap as Ethereum’s stablecoin supply has reached a record now. The post Crypto Billionaire Justin Sun’s USDD Stablecoin Launches on Ethereum – Can it Overtake Tether? appeared first on Cryptonews.

Julien Bittel, head of macro research at Global Macro Investor, argued that the bull run remains in its early stages based on comprehensive economic indicators. In a Sept. 8 analysis shared via X, Bittel counters widespread “peak cycle” sentiment in crypto markets, challenging late-cycle narratives by examining traditional economic markers. Peak sentiment Classic late-cycle economies […] The post Central bank easing and subdued sentiment indicators indicate crypto bull cycle still in early stage appeared first on CryptoSlate.

An advisor to Russian President Vladimir Putin said the U.S. is using crypto to solve its debt crisis at the world's expense.

The launch follows Nasdaq’s call for tighter scrutiny of corporate crypto holdings, which HashKey framed as a test for the industry. Hong Kong-based HashKey Group said it launched a $500 million investment fund targeting digital asset treasuries (DATs), initially focusing on exposure to Bitcoin and Ether's price performance. The fund is structured as a perpetual, institutional-only vehicle allowing regular subscriptions and redemptions, similar to an open-ended crypto hedge fund, HashKey said in a statement. Unlike a passive exchange-traded fund (ETF), HashKey’s fund is designed to invest in projects and companies deploying DAT strategies. The launch comes after Nasdaq announced enhanced scrutiny of listed companies’ crypto holdings on Thursday, a move HashKey framed as signaling a “survival of the fittest” stage for the industry. Read more

The leading cryptocurrency could greatly benefit if the Federal Reserve slashes interest rates, the Fundstrat managing partner said.

ChatGPT's XRP analysis has examined XRP’s move toward the 200-day EMA at $2.9766, noting trade above the 20/50/100-day EMAs, RSI 66.83, and a $3.00 focus. Speculation around an Oct. 18 ETF has grown as BlackRock’s ties with Ripple have reinforced confidence into Swell 2025.   The post ChatGPT’s XRP Analysis Flags $3 Breakout Test as ETF Hype and BlackRock Buzz Build Drive Bullish Momentum appeared first on Cryptonews.

The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases. NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant" non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum's first NFT profile picture (PFP) collection. “To us, culturally relevant NFTs are works that have made an impact: creatively, socially, or technologically,” OpenSea Chief Marketing Officer Adam Hollander told Cointelegraph. “They might represent a defining moment in NFT history, introduce a new artistic style, or come from voices that haven’t been fully recognized yet.” Read more

Swiss crypto platform SwissBorg suffered a $41 million theft when attackers compromised a partner API, draining approximately 193,000 SOL from the company’s Earn program and affecting roughly 1% of users. CEO Cyrus Fazel addressed the incident during a Sept. 8 live broadcast, confirming that SwissBorg’s main application remains secure while emphasizing the company’s commitment to […] The post SwissBorg loses $41M in SOL after partner API compromise affects earn program appeared first on CryptoSlate.

The company acquired 285,420 DOGE tokens, with plans to build that stack to 1 billion in 30 days.

South Korea’s largest crypto exchange, Upbit, unveiled a cryptic countdown this week for a new blockchain project called “Giwa,” fueling speculation about its purpose and potential role in the country’s fast-growing digital asset sector. The teaser site, which carries the tagline “trusted structure, not just shape,” offered no technical details but directed visitors to the […] The post South Korean exchange Upbit teases own blockchain network with countdown appeared first on CryptoSlate.