Eric Trump has been sidelined from joining the board of fintech firm Alt5 Sigma, with the company instead naming him a board observer after a review with Nasdaq. Summary Alt5 Sigma revised its $1.5B deal with World Liberty Financial, removing Eric Trump from its board after Nasdaq consultation. Trump will serve only as an observer,…
Ethena has formally proposed to manage USDH, Hyperliquid’s planned native stablecoin, positioning itself against rivals Sky, Frax, Agora, and others. Summary Ethena has proposed issuing USDH on Hyperliquid, backed by Anchorage and BlackRock’s BUIDL fund. The plan directs 95% of revenues to the Hyperliquid community via HYPE buybacks and incentives. Ethena pledged $75M to ecosystem…
DOJ prosecutors trace a path of stolen Bitcoin from hijacked phones through a complex web of wallets, culminating in a series of circular transactions at an online casino designed to mask the illicit funds’ origins. Summary DOJ has filed civil forfeiture to recover $5 million in Bitcoin stolen via SIM swap attacks. The department traced…
Donald Trump’s transformation into a crypto advocate has left an indelible mark on the regulatory landscape. The Democratic framework positions itself as both a roadmap for market clarity and a rebuke of what they call unprecedented corruption linked to the President’s family ventures in digital assets. Summary Senate Democrats unveiled a seven-pillar crypto framework granting…
Pi Network price could be on the cusp of a strong bullish breakout to $1 as one large whale continues his buying spree. Summary Pi Network price could surge to the important point at $1 soon. One whale has accumulated tokens worth over $123 million. Technical analysis points to an eventual rebound. Pi Coin (PI)…
Sonic has posted several ecosystem updates recently, but overall market momentum still erased much of its gains. Summary Sonic’s integration with Covalent will enable data to transfer as fast as the network speed So far, most infrastructure has lagged behind Sonic’s speed, causing latency Covalent will offer Sonic data to developers as an API Sonic…
Coinbase, in its seventh acquisition this year, is acquiring the founders of Sensible to address a critical deficit in its arsenal: the consumer UX expertise required to seamlessly weave complex DeFi into its main platform. Summary Coinbase acqui-hired Jacob Frantz and Zak Salmon, founders of crypto yield platform Sensible, to lead on-chain consumer strategy. Sensible,…
The crypto market came under pressure on Sept. 9, with Bitcoin and major coins such as Solana, Ethereum, and XRP falling while a handful of altcoins moved higher. Summary MYX Finance price continued rising after the Gate.io listing. Story price jumped after Heritage Distilling launched an IP treasury. Worldcoin price jumped as Eigtco started WLD…
Cboe is preparing to launch long-term futures for Bitcoin and Ether that provide efficient, regulated access to digital assets while reducing rollover complexity for market participants. Summary Cboe plans to launch long-dated Bitcoin and Ether Continuous futures for U.S. traders starting November 10. Contracts are single, 10-year instruments with daily cash adjustments tied to spot…
The Trump crypto coin price could rebound after forming a rare double-bottom pattern. Summary Trump crypto coin could rebound after forming a double-bottom pattern. The rebound will happen despite the ongoing exchange inflows. Whales have continued to dump their TRUMP coins. Official Trump (TRUMP) token was trading at $8.68 on Sept. 9, a few points…
