A Dogecoin ETF may soon make its debut faster than expected. REX Shares is bypassing traditional delays by using a lesser-used regulatory structure, giving it a possible first-mover advantage. Summary REX Shares has filed for the $DOJE Dogecoin ETF using the 1940 Act structure, allowing for a potential launch as early as next week. REX’s…
Justin Sun is once again at the center of crypto controversy but this time over alleged dumping of WLFI tokens. The project’s decision to blacklist his wallet has sparked a fierce debate over transparency, fairness, and decentralization. Summary WLFI blacklisted a wallet linked to Justin Sun after nearly 60 million tokens were moved to Binance….
Ethena Labs is teaming up with digital asset prime brokerage FalconX to enhance institutional adoption of Ethena’s synthetic dollar, USDe. Summary Ethena Labs and FalconX are partnering to promote USDe adoption for institutions. FalconX has added support for the dollar-denominated stablecoin across spot trading, derivatives and custody. FalconX announced on Sept. 4 that it had…
Chainlink has announced that its onchain strategic reserve has grown by an additional 43,937.57 tokens, with holdings now at 237,014. Summary Chainlink’s onchain reserve strategy has grown to over 237,014 LINK. The oracle platform added another 43,937 tokens, significantly growing the reserve it launched in August. The Chainlink (LINK) Reserve, a strategic onchain reserve of…
Pump.fun is building serious momentum. The Solana-based launchpad has now outpaced Hyperliquid in daily revenue, another milestone in its latest comeback. Summary Pump.fun generated $2.55 million in 24-hour revenue, surpassing Hyperliquid’s $2.21milion. The growth comes after the protocol launched Project Ascend, which introduces dynamic, market cap-based fees to reward long-term token growth. The PUMP token…
Ethereum exchange-traded funds have hit a rough patch, posting losses for three days in a row. The trend highlights cooling sentiment around Ether as Bitcoin funds continue to attract steady inflows. Summary Ethereum ETFs recorded net outflows of $38.2 million on September 3, marking a three-day streak of redemptions. BlackRock’s ETHA fund drove the largest…
Arbitrum has launched the DRIP program to incentivize productive DeFi activity by rewarding users with ARB tokens for leveraging lending and looping strategies across its ecosystem. Summary Arbitrum DRIP Season One incentivizes leverage looping strategies in lending markets, rewarding users with ARB tokens for borrowing and redepositing assets. Eligible assets for collateral include major stablecoins…
Ukraine is edging towards clearer crypto regulation with a new bill on legalization and crypto taxation. Summary Ukraine’s parliament, the Verkhovna Rada, has passed the first reading of a bill to legalize cryptocurrency, with 246 votes in favor and 31 against. The bill introduces an 18% tax rate, with a 5% tax on crypto profits,…
A new regulatory guidance has opened doors for Polymarket to re-enter the United States following a three-year ban. Summary Polymarket has received a CFTC no-action letter covering QCX LLC and QC Clearing LLC, clearing the way for its U.S. return. The platform acquired the firms in July for $112 million, gaining a licensed exchange and…
SUI price has managed to hold support at $3 during its recent downtrend, forming a bullish pattern that points to a potential recovery over $5. Summary SUI price has fallen nearly 20% from its August high. New partnerships and ecosystem developments are positioning SUI for a bullish rally. According to data from crypto.news, the Sui…
