Governance
Governance
Neutron DAO passes a new proposal, and $9.3M in crypto disappears
Neutron voters approved 11 contract admin changes as Astroport and Drop suffered an estimated $9.3 million in losses, putting governance control and fund recovery in focus.
Deals
MoonPay targets $8.7B trading venue, but the features remain unrevealed
MoonPay’s deal to acquire North Capital would bring a regulated private-securities trading venue into its crypto payments business, pending regulatory approval.
Digital Asset Treasuries
Galaxy adds $100M Sky token and institutional adoption is tested
Clients can pledge the savings token, though the companies disclosed no sUSDS-backed client loan volume.
Governance
Cardano proposal slashes fees by 55%, but it comes with a cost for small pools
Cardano’s new proposal seeks to slash minimum stake pool fees from 170 to 75 ADA, bypassing the SPO ballot that blocked the previous attempt.
Hacks
White hats recover 52 Bitcoin from Coldcard exploit, and a new public portal lets victims check eligibility
Coldcard owners can check their Bitcoin addresses against 52.37 BTC in traced recovery funds and begin the process of reclaiming their coins.
Macro
Treasury’s cash balance nears $1 trillion while Bitcoin awaits a crucial market signal
The Sept. 22 discussion outlined no investment size or timetable, while current money markets remain well supplied.
Tokenization
$1 billion in trading volume masks hidden liquidity risks for Coinbase stock token holders
Premarket routes priced $100,000 sales across ten tokens; displayed pool balances cannot show what a broad selloff would cost.
Featured
Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge
Treasury says money-market mutual funds absorbed about 85% of more than $550 billion in new bill supply during July and August.
ETF
Coin Metrics revises 19 months of ETF wallet data but by how much?
The update spans 35 daily and 25 hourly series, yet no cause, direction or numerical delta was disclosed.
Stablecoins
Why Mastercard’s $25 billion crypto expansion isn’t what it seems
SoFi is migrating its card program into SoFiUSD, while the amount already settled in the token remains undisclosed.
Stablecoins
Europe’s central banks want to scrap this stablecoin reserve safeguard
The proposed MiCA change challenges mandatory bank deposits as Britain's systemic sterling stablecoin code reaches its consultation deadline.
Stablecoins
EU central banks attack MiCA rules and stablecoin runs are blamed
The reported plan swaps mandatory bank deposits for one-day and five-day liquidity tests, shifting where redemption risk lands.
