Stablecoins
Stablecoins
Ethena enters USDH race supported by BlackRock BUIDL, Anchorage, Securitize
Ethena is committed to returning 95% of net revenue generated from USDH reserves directly to the Hyperliquid community through HYPE token purchases.
Stablecoins
Putin adviser accuses US of planning stablecoin scheme to eliminate $35 trillion debt
Dmitry Kobyakov drew parallels to historical US debt strategies from the 1930s and 1970s, arguing America plans to solve financial problems 'at the world's expense.'
Regulation
SEC’s Peirce warns L2 chains with centralized sequencers may face exchange registration
Layer-2 solutions introduce regulatory complexity, as they often centralize transaction ordering to address Maximum Extractable Value (MEV) issues.
Analysis
Central bank easing and subdued sentiment indicators indicate crypto bull cycle still in early stage
Julien Bittel challenges "peak cycle" sentiment in crypto markets, citing macro data point to a different landscape.
Hacks
SwissBorg loses $41M in SOL after partner API compromise affects earn program
CEO Cyrus Fazel confirmed that SwissBorg's main application remains secure, while emphasizing the company's commitment to full user compensation.
Scams
Solana trading bot Aqua allegedly rug pulls $4.65 million after major ecosystem endorsements
The platform promised revenue sharing through its AQUA token, which would distribute trading fees to holders via buy-and-burn mechanisms and staking rewards.
Hacks
Largest supply chain attack in history targets crypto users through compromised JavaScript packages
Hackers compromised NPM package maintainer accounts through phishing emails and injected malware that steals crypto.
Analysis
Bitcoin treasury companies’ purchase volumes slump despite record transaction count
Strategy acquired 3,700 BTC in August, while other treasury companies purchased 14,800 BTC, both below their averages.
Adoption
SOL Strategies secures Nasdaq approval as institutional giants plan billion-dollar Solana treasury
The company expects trading to commence on Sept. 9, under the ticker symbol "STKE" while maintaining its Canadian Securities Exchange listing under "HODL."
DeFi
Legal expert affirms public blockchains remain regulatory standard despite corporate L1 launches
Jake Chervinsky argued on X that many new L1s built by companies for product-specific reasons are "unnecessary" and "unhelpful" from a regulatory perspective.
Hacks
Dark web vendors distribute fake Ledger wallet pages targeting crypto users
The malicious package features a redesigned 2025 UI inspired by Ledger's authentic interface, among other tools.
Analysis
Bitcoin consolidates between $104,000 and $116,000 as market faces critical decision Point
Breaking below $104,100 would replay post-ATH exhaustion phases seen earlier this cycle, while recovery above $114,300 would signal renewed demand control.
