Found 6933 news
Polymarket prepares US return with CFTC relief, new funding and a valuation that could soar to $10B as prediction markets gain momentum. Blockchain-powered prediction market Polymarket is reportedly preparing a US launch that could value the company as high as $10 billion, highlighting the surge of investor interest in prediction markets and crypto ventures. Citing sources familiar with the conversation, Business Insider reported Friday that Polymarket is exploring re-entering the US while seeking new funding that could more than triple its June valuation of $1 billion. One investor valued the company at up to $10 billion, the report said. As Cointelegraph reported, Polymarket was raising a $200 million round in June led by Peter Thiel’s Founders Fund, an early backer of companies including OpenAI, Paxos and Palantir. Read more
Solid inflows into spot Bitcoin ETFs signal sustained demand from the bulls, increasing the likelihood of a break above the $117,500 resistance. Will altcoins follow? Key points: Bitcoin’s recovery remains on track, backed by solid demand from the spot Bitcoin ETF buyers. BNB, HYPE, and SOL are leading the altcoin charge higher, signaling solid buying by the bulls. Read more
Since announcing its pivot to become a TON treasury company, its share price has fallen over 21% as enthusiasm for crypto treasury companies wanes. TON Strategy Company, previously known as Verb Technology Company, said on Friday it repurchased 250,000 shares of its common stock under its $250 million buyback agreement. According to the announcement, TON Strategy Company repurchased the shares at $8.32 each, below the treasury asset value of $12.18. The buyback comes just weeks after it revealed a $713 million reserve of Toncoin (TON) tokens on Aug. 21. TON Strategy says its buyback indicates “long-term confidence” in the TON ecosystem. The TON token is the native cryptocurrency of The Open Network, a project that started in 2018 and was initially conceived to bring blockchain to messaging service Telegram. The crypto token is ranked No. 22 overall in market capitalization, with its price is declining 40.7% year-to-date, according to Cointelegraph indexes. Read more
Gemini’s $425 million Nasdaq debut marks the latest in a wave of blockbuster crypto IPOs, as investor demand surges for digital asset equities. Shares of Gemini Space Station (GEMI), the digital asset exchange founded by Cameron and Tyler Winklevoss, surged in their market debut on Friday, signaling strong institutional appetite for crypto-related equities. Gemini shares briefly topped $40 on Friday, according to Yahoo Finance data, before retreating later in the session. By the afternoon, Gemini was trading near $35 a share, up 24% on the day, for a market cap of around $1.3 billion. The company priced its initial public offering at $28 per share late Thursday — well above its initial target range of $17 to $19, and even higher than the upwardly revised $24 to $26 range. Read more
MYX Finance’s native token was the week’s largest gainer, with an over 1,100% gain. Worldcoin followed with over 90% gains. An unknown Hyperliquid trader has surpassed James Wynn, becoming the trading platform’s biggest losing whale, with more than $40 million in losses within a month, according to blockchain data. Lookonchain revealed that the trader made high-leverage trades, with nearly $40 million loss on Hyperliquid (HYPE), after selling about 900,000 tokens before the asset rebounded. The whale later lost another $35 million on an Ether (ETH) position. After that, he pivoted to a short position and then lost another $614,000. His Bitcoin (BTC) position is also underwater, with unrealized losses of nearly $2 million. Read more
Legal representatives for Coinbase filed a motion for a legal hearing and potential remedies after the SEC failed to comply with FOIA requests. Coinbase is escalating its dispute with US regulators over past communications involving former Securities and Exchange Commission Chair Gary Gensler. Coinbase filed a legal motion on Thursday requesting a hearing to address the SEC Office of the Inspector General’s investigation, which found that the agency deleted nearly one year’s worth of text messages from Gensler and other senior officials in “avoidable” errors. The exchange said the SEC should explain why it did not conduct a full search of agency records, including text messages from Gensler and senior SEC officials, when it requested the messages in several Freedom of Information Act (FOIA) filings from 2023 and 2024. Read more
Solana futures open interest rose to $16.6 billion as Galaxy and Forward Industries joined the adoption party. Is SOL headed toward $300 next? Key takeaways: Solana futures open interest hit $16.6 billion, and its perpetual futures funding rates are stable, hinting at further price upside. Spot-driven rally pushes SOL price, reinforced by Galaxy and Forward Industries’ buy demand. Read more
A coalition of UK trade groups has urged the government to include blockchain and digital assets in its planned “Tech Bridge” collaboration with the US. United Kingdom trade groups urged the UK government to include blockchain technology in the “Tech Bridge” technology collaboration with the United States. A dozen UK trade groups representing the finance, technology and crypto industries made the request in a joint letter seen by Cointelegraph and addressed to UK Business Secretary Peter Kyle and Economic Secretary to the Treasury Lucy Rigby. According to the document, distributed ledger technology should be a “core strand” of the UK-US tech collaboration ahead of next week’s visit by US President Donald Trump. Read more
The former White House crypto adviser, who joined Tether in August, will become CEO of its planned US-regulated, dollar-backed stablecoin project. Tether announced a new dollar-backed stablecoin and said former White House crypto adviser Bo Hines will become CEO of Tether USAT. The new stablecoin will be consistent with the reserve requirements and compliance standards of the recently passed GENIUS stablecoin bill, and will use Tether’s Hadron real-world asset tokenization platform, according to a Friday announcement. Stablecoins recently crossed the $270 billion milestone, according to RWA.XYZ. Tether CEO Paolo Ardoino said: Read more
Ether ETF inflows serve as powerful market signals, revealing institutional sentiment and driving both short-term price volatility and long-term adoption. Ether’s real-world utility and the rise of spot exchange-traded funds (ETFs) have driven $3.87 billion in inflows in August 2025, while Bitcoin ETFs saw $751 million in outflows. Ether (ETH) has always been more than just another cryptocurrency. As the backbone of decentralized finance, non-fungible tokens (NFTs) and smart contracts, it offers real-world utility beyond what Bitcoin (BTC) provides. In 2025, Ether is taking another major step into mainstream finance. Read more
Polymarket, a Polygon-based prediction platform, is expanding infrastructure through a new partnership with decentralized oracle network Chainlink. Polymarket, a decentralized prediction market platform, is integrating Chainlink’s oracle network to improve the accuracy and speed of its market resolutions, the companies announced Friday. Polymarket has partnered with Chainlink to integrate its data standard into Polymarket’s resolution process, according to a Friday press release shared with Cointelegraph. The collaboration will initially focus on enhancing the accuracy and speed of asset pricing resolutions, with plans to expand into additional markets. Read more
Spot Ether ETFs recorded over $230 million in net inflows as of Thursday, recovering from last week’s net outflows of nearly $800 million. Spot Bitcoin exchange-traded funds (ETFs) saw strong demand this week, recording more than $1.7 billion in inflows before the trading week closes on Friday. SoSoValue data showed that the ETFs had a strong week, with Wednesday having nearly $800 million in inflows. As of Thursday, the ETF tracker showed that spot Bitcoin ETFs already had $1.7 billion in net inflows this week. The strong performance marks the ETFs’ biggest weekly total in nearly two months, highlighting renewed confidence in the asset class. Read more
Gen Alpha will grow up with Bitcoin as a cultural and financial native, making it their default store of value over traditional gold investments. Opinion by: Darius Moukhtarzadeh, Research Strategist at 21Shares Gold has long been considered the ultimate store of value — shiny, scarce and time-tested. For Gen Alpha, however, the first generation truly born into a digital world, that shine is already starting to fade. Read more
PancakeSwap claims its trading competition winners were selected randomly, but blockchain records suggest over half of them belong to a cluster of linked wallets. PancakeSwap’s trading competition was supposed to reward random winners, but blockchain records show that about half of the 1,700 winning wallets are part of connected clusters. The competition was the second of its kind and structured for investors to earn points by trading the tokens of five sponsors from the Binance Alpha program: League of Traders (LOT), Bedrock DAO (BR), MilkyWay (MILK), NodeOps (NODE) and Moonveil (MORE). To accumulate points, the trades had to be conducted on PancakeSwap, the top decentralized exchange (DEX) by total value locked on the Binance-founded BNB Chain. Read more
Dogecoin gained around 4% to reach $0.26 despite Bloomberg’s Eric Balchunas reporting that the first US DOGE ETF faces another delay. Dogecoin’s price rose Friday even as the launch of a US exchange-traded fund (ETF) tied to the memecoin was delayed again, according to a Bloomberg analyst. According to CoinMarketCap data, Dogecoin (DOGE) increased by nearly 4% over the last 24 hours — reaching $0.2603 at the time of writing. The rise comes despite Bloomberg’s senior ETF analyst Eric Balchunas saying Thursday that the launch of a US DOGE ETF is delayed again. According to a Sept. 8 US Securities and Exchange Commission (SEC) filing, the Rex-Osprey DOGE ETF (DOJE) was expected to list alongside Bonk (BONK), XRP (XRP), Bitcoin (BTC) and Trump Official (TRUMP) ETFs on Friday, Sept. 12. Still, Balchunas suggested that the listing is delayed until the middle of next week, likely Thursday. Read more
The stablecoin market cap topped $300 billion on CoinMarketCap, but discrepancies across platforms like CoinGecko and DefiLlama highlight challenges in tracking crypto assets. The stablecoin market is approaching a $300 billion capitalization, but figures differ widely across leading crypto data platforms, highlighting the challenges of measuring the fast-growing sector. The total stablecoin market cap reached $300 billion on CoinMarketCap (CMC) on Thursday, but CoinGecko reported $291 billion and DefiLlama showed $289 billion on Friday, displaying significant discrepancies. Rafaela Romano, ambassador at the crypto analytics platform Alphractal, told Cointelegraph that these discrepancies “will always exist” because each platform applies different methodologies when calculating market caps. Read more
Explore Michael Saylor’s Bitcoin playbook, Strategy’s debt-fueled purchases and the future outlook of corporate crypto investing. Michael Saylor transformed MicroStrategy from a business intelligence firm into the world’s largest corporate Bitcoin holder. Saylor’s conviction redefined corporate strategy, turning volatility into opportunity through long-term, dollar-cost averaging purchases. His approach set the standard for institutional Bitcoin adoption despite concerns over dilution and debt. Read more
Africa has its first Bitcoin treasury company, but its utility goes far deeper than publicly-listed stocks tied to BTC holdings on a balance sheet. Bitcoin treasury companies are in vogue, and Africa has its first trading on the Johannesburg Stock Exchange. While the launch of Africa Bitcoin Corporation promises to attract billions of South African rand from capital markets, its founders believe Bitcoin’s impact on the continent remains in grassroots, retail adoption. South Africa’s Altvest Capital grabbed headlines as it rebranded to Africa Bitcoin Corporation (ABC), the first publicly-listed company actively building a Bitcoin (BTC)-based treasury on the continent. The company has a long-term goal to raise $210 million to buy Bitcoin using preferential share offerings and structured debt notes in the mould of the UK’s Smarter Web Company. Altvest announced its pivot into Bitcoin in February. Read more
Hacken’s Stephen Ajayi told Cointelegraph that basic wallet hygiene and endpoint hardening are essential to defend against threats like ModStealer. A newly-discovered malware called ModStealer is targeting crypto users across macOS, Windows and Linux systems, posing risks to wallets and access credentials. Apple-focused security firm Mosyle uncovered the malware, saying it remained completely undetected by major antivirus engines for almost a month after being uploaded to VirusTotal, an online platform that analyzes files to detect malicious content, 9to5mac reported. Mosyle said ModStealer is designed to extract data, with pre-loaded code that steals private keys, certificates, credential files and browser-based wallet extensions. The security researchers found targeting logic for different wallets, including extensions on Safari and Chromium-based browsers. Read more
Albania has turned to AI bot Diella to tackle public procurement, aiming to rein in the Balkan country’s long-standing issues with corruption and organized crime. Albania’s government AI-powered virtual assistant, which helps citizens obtain everything from driver’s licenses to pension applications and court filings, has just become one of the world’s first AI politicians. “Diella is the first cabinet member who isn’t physically present, but is virtually created by AI,” and jas been tasked with keeping Albania “100% free of corruption,” Albania’s Prime Minister Edi Rama reportedly said in a National Assembly of the Socialist Party on Thursday. Its task will be to oversee all government procurement of goods and services from the private sector, which has led to a series of corruption scandals in Albania in recent decades. Read more6933 items