Author: CryptoHoppers
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…
Kyle Samani set to chair $1B Solana treasury backed by Multicoin, Galaxy, and Jump
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
Is Mastercard Preparing Its Own Blockchain? Here’s What Christian Rau Revealed
Mastercard is steadily expanding its footprint in Europe’s crypto landscape, exploring new ways to integrate digital assets into traditional finance. Rather than seeing crypto as a threat, the payments giant views it as an opportunity to enhance existing systems, bringing more security, flexibility, and innovation to the financial sector.Christian Rau, the company’s Head of Crypto for Europe, revealed that building its own blockchain is a possibility in the long term.In a recent interview with The Big Whale, Rau explained that Mastercard does not view crypto as a disruptive threat but rather as a payment technology that can be integrated into…
Key Takeaways Strategy’s Bitcoin purchases remain unaffected by new Nasdaq regulations. Nasdaq now requires shareholder approval before companies can issue new shares for crypto purchases. Share this article Strategy confirmed today that Nasdaq’s new regulations on digital asset treasury formations will not impact its operations, including ATMs and capital markets activities. This indicates that its Bitcoin accumulation plans remain unaffected. Nasdaq’s new position on digital asset treasury formations doesn’t affect Strategy, our ATMs or our other capital markets activities. — Strategy (@Strategy) September 5, 2025The stock exchange reportedly introduced requirements mandating companies to obtain shareholder approval before issuing new shares…
Bybit Kazakhstan Backs AIFC Fee Payments
TLDR: Bybit Kazakhstan and AFSA now allow AIFC participants to settle regulatory fees with USD-pegged stablecoins. The move follows AFSA’s new framework that lets digital asset providers act as agents for stablecoin settlements. Bybit became the first signatory of the MMoU at Astana Finance Days, reinforcing its compliant crypto role. The partnership brings efficiency through Bybit QR Pay and a dedicated stablecoin wallet for fee transactions. The rules of digital finance are shifting once more. Kazakhstan has now opened the door to regulated stablecoin payments. Bybit Kazakhstan and the Astana Financial Services Authority (AFSA) are working together to make this…