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Cointelegraph.com - 13:20 Sep 11, 2025
Andy Krainak was basically living at Gary Vaynerchuk’s apartment for the launch of VeeFriends, and says he never saw his boss more emotional. Its hard to ignore the impact Gary Vaynerchuk (aka Gary Vee) had on the NFT space in 2021-22. The founder and CEO of VaynerMedia and prolific content creator onboarded thousands of new people onchain with the launch of his project, VeeFriends. For those outside of the Vaynerchuk ecosystem, VeeFriends was misunderstood when it launched and for many, still remains so today. It often sits outside the regular discourse on NFT Twitter and its extensive character base can make it seem complex to the causal NFT degen. But despite this, four-plus years on, VeeFriends continues to expand its universe. While the brand and IP was born out of the blockchain, VeeFriends has crossed over into different worlds and niches most NFT collectors would not even be aware of. Read more -
Cointelegraph.com - 12:45 Sep 11, 2025
Bitcoin’s inverse head-and-shoulders pattern signalled the continuation of the uptrend toward $360,000, driven by institutional demand via spot BTC ETFs. Key takeaways: A classic BTC price chart pattern puts $170,000-$360,000 in play this cycle. Spot Bitcoin ETFs post the biggest inflows in two months as institutional demand rebounds. Read more -
Cointelegraph.com - 11:34 Sep 11, 2025
Crypto price tracker CoinGecko shows that the Linea token traded at $0.024 at the time of writing, down 20% in the last 24 hours. Joseph Lubin, the founder of Consensys and a key figure behind the Linea blockchain, teased potential future rewards for users who hold on to their tokens. In an X post on Thursday, Lubin said long-term holders could become eligible for future distributions, including tokens from Consensys and other aligned ecosystem projects. He said that holding tokens signals that the user is a Linea community member and is likely engaged in productive Linea economy activities. “If we notice, at some date in the future, that you’ve held n LINEA tokens for m days, that just might lead to another token landing in your account,” Lubin wrote, adding that MetaMask and Linea are preparing something together. Read more -
Cointelegraph.com - 11:25 Sep 11, 2025
Which treasury strategy is gaining ground in 2025: Bitcoin as digital gold or Ether as a yield engine? In recent years, companies and countries have increasingly included cryptocurrencies in their treasury strategies. Traditionally, corporate treasuries relied on cash, gold or government bonds to maintain value, ensure liquidity and provide financial stability. Governments had gold reserves to back their currencies. However, cash loses purchasing power. Bonds carry rate and duration risk. Foreign exchange shocks hit balance sheets without warning. Ideally, you want a reserve that holds value, moves fast across borders and plugs into digital rails. That is why Bitcoin (BTC), Ether (ETH) and, in some cases, stablecoins now sit beside cash, gold and T-bills. Read more -
Cointelegraph.com - 11:18 Sep 11, 2025
Standard Chartered-backed Zodia Custody has exited its Japan venture with SBI Holdings after two years, with both firms calling the move a strategic realignment. Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative. The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space. “This is a strategic alignment between SBI and ourselves as a mutual decision that we have other priorities and they have other priorities,” Julian Sawyer, CEO at Zodia Custody, reportedly told Bloomberg. Read more -
Cointelegraph.com - 11:00 Sep 11, 2025
Sui-based yield trading protocol Nemo lost $2.59 million in a Sept. 7 exploit caused by unaudited code deployed without multisignature controls. Sui-based yield trading protocol Nemo lost about $2.59 million due to a known vulnerability introduced by non-audited code being deployed, according to the project. According to Nemo’s post-mortem analysis of the Sept. 7 hack, a flaw in a function intended to reduce slippage allowed the attacker to change the state of the protocol. This function, named “get_sy_amount_in_for_exact_py_out,” was pushed onchain without being audited by smart contract auditor Asymptotic. Furthermore, Asymptotic’s team identified the issue in a preliminary report. Still, the Nemo team admits that its “team did not adequately address this security concern in a timely manner.” Read more -
Cointelegraph.com - 10:56 Sep 11, 2025
XRP analysts highlighted the potential to rebound to $4.50 and higher as institutional demand and derivatives trader interest increased steadily. Key takeaways: XRP’s potential to rise to new all-time highs is backed by increasing institutional demand and open interest. Analysts say XRP's price could continue its uptrend to $3.12 and later to $4.50. Read more -
Cointelegraph.com - 10:16 Sep 11, 2025
Avalanche Foundation reportedly expects to raise up to $1 billion for treasury-related ventures, planning to sell millions of AVAX at a discounted price. Avalanche Foundation, a nonprofit behind the cryptocurrency Avalanche, is reportedly raising $1 billion to launch digital asset treasury projects and accumulation projects. Avalanche Foundation is in active discussions with investors to launch a digital asset treasury company and convert another company into a “crypto-hoarding” vehicle, the Financial Times reported on Thursday, citing sources familiar with the matter. The nonprofit reportedly expects to raise $1 billion in funding, which would be used to purchase Avalanche (AVAX) from the foundation at a discounted price. Read more -
Cointelegraph.com - 09:12 Sep 11, 2025
Researcher Luiz Eduardo Abreu Hadad told Cointelegraph that while devs are drawn to established ecosystems, the region can create new platforms. Latin America’s developer community is increasingly focused on building within established blockchain ecosystems like Ethereum and Polygon rather than launching new base-layer protocols, according to a report by consultancy firm Sherlock Communications. The study, which included qualitative inputs from 85 developers in Bolivia, Mexico, Brazil and Peru, showed that the region’s builders care about transparency, coordination and compliance. The devs favor intuitive tools, strong documentation and proven track records, making networks like Ethereum and Polygon a good fit. Luiz Eduardo Abreu Hadad, blockchain consultant and researcher at Sherlock Communications, told Cointelegraph that Latin American devs stand out because they show “strong technical maturity” and focus on real-world issues. Read more -
Cointelegraph.com - 01:23 Sep 11, 2025
Thousands of Nepalis turned to Jack Dorsey’s Bluetooth mesh network messaging app in response to the government’s social media ban, which has since been lifted. Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week. It followed a similar uptick in downloads in Indonesia last week after corruption-related protests erupted, according to Bitcoin open-source developer “callebtc,” who is working on bitchat. “Last week, we observed a sudden spike in bitchat downloads from Indonesia during nationwide protests. Today we’re seeing an even bigger spike from Nepal during youth protests over government corruption and a social media ban,” callebtc posted to X on Wednesday. Read more -
Cointelegraph.com - 22:33 Sep 10, 2025
The text chain revealed questions the Gemini co-founders sent Brian Quintenz in July that signaled they were looking for certain assurances regarding enforcement actions. Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), has made public several texts between himself and Gemini co-founders Cameron and Tyler Winklevoss, suggesting reasons why the brothers may have attempted to interfere with his nomination to the agency. In a Wednesday X post, Quintenz said he had released the texts over concerns that Trump “might have been misled” by the Gemini co-founders. The chain appeared to show Tyler Winklevoss sending Quintenz information on Gemini’s civil case with the CFTC, settled with a $5 million fine in January. “The CFTC totally abused the deliberative process privilege amongst many other abuses to prevent us from even be [sic] able to defend ourselves fairly in court,” Winklevoss texted to Quintenz on July 25. Read more -
Cointelegraph.com - 22:17 Sep 10, 2025
The SEC has extended deadlines for crypto funds tracking Solana and XRP, along with proposals targeting Ether staking. The US Securities and Exchange Commission has delayed decisions on multiple crypto exchange traded funds (ETF) proposals Wednesday, pushing back deadlines for funds including BlackRock and Franklin Templeton. According to SEC filings, the agency has set a new deadline of Nov. 13 for Franklin’s Ethereum staking amendment, and Nov. 14 for its Solana and XRP ETFs. A proposal seeking to permit staking in BlackRock’s iShares Ethereum Trust is now slated for Oct. 30. The filings do not indicate how the SEC is leaning on the applications; only that more time is needed to evaluate them. The commission is using the maximum extension available before issuing a final decision. Read more -
Cointelegraph.com - 22:00 Sep 10, 2025
A widely used Bitcoin technical analysis indicator suggested that BTC is on the verge of an “explosive price expansion” toward new all-time highs. Key takeaways: Bitcoin’s Bollinger Bands indicator reached a critical turning point for bulls. Bitcoin’s cup-and-handle pattern targets $300,000, backed by multiple tailwinds. Read more -
Cointelegraph.com - 21:55 Sep 10, 2025
The bug impacted some remote procedure call (RPC) nodes, causing them to fall out of sync, but did not impact onchain block production. The Polygon Foundation, the organization that oversees development of the layer-2 scaling network in the Ethereum ecosystem, said on Wednesday that consensus and finality functions have been restored, following a software bug that caused some nodes to fall out of sync with the blockchain. Polygon successfully executed a hard fork following the software bug that disrupted some remote procedure call (RPC) nodes, which are used to relay information between applications and the blockchain layer, the Polygon team said in Wednesday’s update. The bug was caused by a “faulty” proposal from a validator, which pushed some of the Bor nodes, used for transaction ordering and block production, onto divergent network forks, according to Polygon co-founder Sandeep Nailwal. Nailwal said: Read more -
Cointelegraph.com - 21:36 Sep 10, 2025
Sate Senator Keith Kelley of Alabama echoed concerns made by some banking groups after the passage of the GENIUS Act in July. Keith Kelley, a Republican state senator representing Alabama’s 12th district, is sounding the alarm for the potential impact of the federal stablecoin bill, the GENIUS Act, two months after it was signed into law by US President Donald Trump. In a Wednesday op-ed for 1819 News, Kelley said there was a loophole in the GENIUS Act that, if exploited, could “devastate” the economies of rural areas like many in Alabama. According to the senator, the bill would allow “cryptocurrency platforms to distribute financial rewards,” incentivizing people to withdraw funds or close accounts at small community banks in the state. Read more -
Cointelegraph.com - 21:18 Sep 10, 2025
REX and Osprey clear the SEC’s 75-day window with multiple crypto ETFs poised to debut, even as regulators push back decisions on rival Ether, Solana and XRP products. New batches of cryptocurrency exchange-traded funds (ETFs) from REX and Osprey have cleared the US Securities and Exchange Commission’s (SEC) 75-day review window and are expected to begin trading by Friday, according to Bloomberg Intelligence analyst Eric Balchunas. “Post-effective means that it’s going to launch, basically,” Balchunas told Cointelegraph in a phone interview, referring to the lineup that includes the REX-Osprey Bonk ETF, Trump ETF, Bitcoin ETF, XRP ETF and Doge ETF. Cointelegraph previously reported that the Doge ETF was slated to debut on Thursday, with timing determined by its structure under the Investment Company Act of 1940. Unlike products filed under the Securities Act of 1933 — which was used to approve spot Bitcoin (BTC) ETFs last year — 1940 Act funds face a simpler path to market. Read more -
Cointelegraph.com - 21:00 Sep 10, 2025
XRP reserves grew by 1.2 billion, and the altcoin’s price topped $3 the next day. Is this a sign that traders expect new highs if an XRP ETF is approved by the SEC? Key takeaways: XRP exchange reserves surged by 1.2 billion tokens in a single day, led by Binance’s 610 million inflow. Futures demand rose with CME open interest up 74%, but XRP underperformed peers despite the ETF optimism. Read more -
Cointelegraph.com - 19:57 Sep 10, 2025
Bitcoin and altcoins picked up momentum after the softer-than-expected US inflation numbers boosted traders' confidence for a rate cut during the Federal Reserve's next meeting. Key points: Bitcoin rallied above $114,000 on Wednesday as markets cheered the softer-than-expected inflation figures. Several major altcoins have broken above their overhead resistance levels, signaling the resumption of the up move. Read more -
Cointelegraph.com - 19:10 Sep 10, 2025
The region has growing institutional momentum and retail adoption, as the countries face economic challenges that could provide fertile ground for Web3. Sub-Saharan Africa is the third-fastest growing region for crypto adoption, according to a new report from blockchain data platform Chainalysis. The report underscores the region’s emphasis on real-world crypto use cases in the face of currency devaluation, lack of traditional finance rails and other challenges. According to the report, Sub-Saharan Africa received $205 billion in onchain value between July 2024 and June 2025. This onchain value received is up 52% compared to the previous reporting period and makes the region the third-fastest growing for crypto adoption, behind Asia-Pacific and Latin America. This reporting period, the region saw growth in institutional adoption, led by stablecoin flows, which are accounting for million-dollar transactions between Africa, the Middle East and Asia. In Sub-Saharan Africa, Nigeria led the way for institutional m... -
Cointelegraph.com - 18:50 Sep 10, 2025
Stephen Miran has made few public statements on crypto or blockchain, but signaled in interviews before joining the Trump administration that he would support digital assets. The US Senate Banking Committee has advanced the nomination of Stephen Miran to a temporary position on the Federal Reserve Board of Governors after another member resigned in August. In a Wednesday meeting, the banking committee voted along party lines, 13 to 11, to advance Miran’s nomination to the full Senate for consideration. All Democrats voted against the potential Fed governor, while Republicans, in the majority, voted in favor. Miran, whom President Donald Trump picked to chair the Council of Economic Advisors in December, said during a hearing last week that he would not resign from his role advising the White House if his time as a Fed governor were extended past January. If confirmed, he would fill a term vacated by Fed member Adriana Kugler, ending on Jan. 31. Read more
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