Author: CryptoHoppers

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Metaplanet Inc. moved again into the Bitcoin zone as part of its treasury plan, buying 136 Bitcoin for about $15.2 million at an average price of $111,783 per coin. According to the company, that brings its total holdings to 20,136 coins. The purchase keeps Metaplanet among the larger corporate holders of the crypto. Metaplanet Expands Bitcoin Stack The company reported the fresh buy on Monday. Based on reports, Metaplanet now sits as the sixth-largest corporate holder of Bitcoin. At the time of the purchase, Bitcoin traded around…

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…

Key Takeaways Solana’s DeFi ecosystem reached a record total value locked (TVL) of $12.2 billion. This new all-time high signals increased adoption of Solana’s DeFi applications. Share this article Solana’s decentralized finance ecosystem reached a record $12.2 billion in total value locked today, marking a new all-time high for the blockchain platform.The milestone reflects growing adoption of DeFi applications built on Solana, which has positioned itself as a faster and lower-cost alternative to Ethereum for decentralized financial services. Total value locked measures the amount of crypto assets deposited in DeFi protocols and serves as a key indicator of ecosystem health…

TLDR: The SEC must decide on a Solana spot ETF by October 10, filings show. The review period gives the agency 32 days before issuing its decision. Approval would mark the first Solana spot ETF in U.S. markets. SolanaFloor highlighted the SEC’s October deadline on X. The U.S. Securities and Exchange Commission (SEC) faces an October 10 deadline to rule on a proposed Solana spot exchange-traded fund (ETF). The timeline was shared in a post by SolanaFloor on X, drawing attention to the countdown. If approved, the ETF would allow traditional investors to gain exposure to Solana’s price without directly…

Key Takeaways MegaETH launched USDm with Ethena to fund sequencer costs at yield and lower fees. USDm is backed by BlackRock’s tokenized Treasuries via Ethena’s USDtb stack. Share this article MegaETH has launched its first native stablecoin, USDm, developed in partnership with Ethena, as a way to reduce fees and restructure the network’s economic model. The new asset is built on Ethena’s stablecoin SaaS stack and integrates directly into wallets, apps, and onchain services across the MegaETH ecosystem.USDm v1 is issued on Ethena’s USDtb rails, primarily backed by BlackRock’s tokenized U.S. Treasury fund BUIDL alongside liquid stablecoins for redemptions. The…

Backed by the Trump family and mired in controversy, World Liberty Financial’s WLFI token is now attracting bullish calls from top traders despite its turbulent debut. Michaël van de Poppe sees the volatile newcomer staging a comeback, eyeing a move to $0.30 after bouncing from recent lows. WLFI’s price action has been anything but quiet: a blockbuster presale, a splashy exchange debut, a near 50% drop from its peak, and controversy surrounding early investor Justin Sun, whose wallet was blacklisted after suspicious transfers. With momentum building above $0.19, van de Poppe is leaning into the chaos, calling WLFI’s volatility a…

TLDR: Crypto.com introduces on-chain staking on its web platform with rewards of up to 19.07% p.a. on idle assets. Over 30 tokens, including ETH, SOL, and CRO, are now supported through the new desktop-friendly staking interface. Users can access staking with a QR code login, creating a seamless connection between the app and web accounts. The platform supports both on-chain and liquid staking, giving users flexibility while engaging in DeFi ecosystems. The race for staking services just got tighter. Crypto.com has launched on-chain staking on its web platform, expanding access beyond its mobile app. The move comes as investors look…

Key Takeaways Multicoin’s Kyle Samani is expected to chair a $1B Solana treasury backed by Galaxy and Jump. The fund would surpass Upexi’s $400M NAV, making it the largest Solana treasury so far. Share this article Kyle Samani is expected to become chairman of a Solana-focused digital asset trust backed by Multicoin, Galaxy, and Jump Trading, according to a Blockworks report. The firm would be formed via a takeover of a publicly traded entity, though the deal has not yet closed. A $1 billion raise would more than double Upexi’s $400 million Solana holdings, making it the largest SOL treasury…

TLDR: The SEC announced a new Cross-Border Task Force to investigate fraud tied to foreign-based companies harming U.S. investors. The task force will target pump-and-dump schemes and manipulation tied to overseas entities entering U.S. capital markets. Enforcement will also extend to auditors and underwriters acting as gatekeepers for foreign companies seeking U.S. listings. SEC Chairman Paul S. Atkins stressed that bad actors cannot use borders to evade protections for U.S. investors. The Securities and Exchange Commission has launched a new unit focused on cracking down on cross-border financial fraud. Regulators say the effort will strengthen enforcement against foreign companies that…

After vaulting past the 1 zettahash per second (ZH/s) threshold, Bitcoin’s mining difficulty climbed 4.89% to reach an all-time pinnacle of 136.04 trillion. This adjustment, paired with softened bitcoin prices, has tightened the squeeze on mining participants. Mining Just Got Harder: Bitcoin Pushes Difficulty to Lifetime Peak According to the seven-day simple moving average (SMA) […] Source link