Native Markets Wins USDH Issuance Right
@Hyperliquid’s validator community has selected @NativeMarkets to issue USDH, capturing 70% of votes. The launch will begin shortly, aiming to rival $USDC. #Update #Crypto $USDH
Crypto News
General category for all types of news related to the cryptocurrency world.
USDH Ticker Secured in Hyperliquid Vote
Native Markets secured the USDH stablecoin ticker after a Hyperliquid governance vote, beating Paxos and Ethena. The focus now shifts to challenging $USDC and $USDT dominance. Crypto
Binance Coin Nears $1K Adoption Urged
@Binance’s $BNB hits a new all-time high of $943.08 as founder CZ urges banks to adopt the token, nearing the $1K milestone. #Update #Crypto $BNB
OFAC Bans North Korean Russian Chinese Missile Funders
The U.S. Treasury’s OFAC has sanctioned individuals from North Korea, Russia, and China for funding missile programs via cryptocurrency fraud, freezing related assets. #Breaking #Legal $BTC
Crypto Revolutionizes Capitalism 2.0 According to Exec
@MertMumtaz claims crypto is “Capitalism 2.0,” enhancing decentralized ownership and transparency, while the SEC and CFTC propose 24/7 U.S. capital markets to modernize finance. #Update #Crypto
Crypto ETFs Surge as Fed’s Power Wanes
Record inflows into U.S. ETFs reached $12.19 trillion, with $120.65 billion in August alone, raising questions about the Federal Reserve’s market influence as Bitcoin trades near $116,000. #Update #Crypto $BTC
Ethereum Struggles Below 0.05 Despite Adoption
The ETH/BTC ratio remains below 0.05 despite institutional adoption and all-time highs for Ethereum, indicating ongoing weakness in $ETH against $BTC. #Update #Crypto $ETH
Crypto Fund Launches $500K Player Relief
Crypto trading card game @Splinterlands launches a $500K Crypto Gaming Recovery Fund to aid players from shuttered blockchain games, spreading assets over seven years. #Update #Gaming
Bittensor Surges with Subnet Expansion Access
Decentralized AI network @Bittensor reports 50% subnet growth and $4B market cap, with 77% of consumers favoring decentralized AI over Big Tech. #Update #Crypto $TAO
Polymarket Surges to $9B Valuation
Polymarket and Kalshi consider new funding rounds at $9B and $5B valuations, respectively, per The Information. #Update #Finance
TON Strategy Boosts Onchain Revenue with Buybacks
TON Strategy Company (Nasdaq: TONX) repurchased 250,000 shares below TAV and began staking toncoin for onchain revenue generation. #Update #Crypto $TON
Crypto Wallets Targeted by New ModStealer Malware
A new malware, ModStealer, targets crypto users on macOS, Windows, and Linux, stealing sensitive data via fake job ads; experts urge developers to enhance security measures. #Update #Crypto
Hyperliquid Enables Pure Governance USDH Vote
Hyperliquid removed team-staked $HYPE tokens from USDH vote weighting, reducing Native Market’s influence and enhancing community control, potentially favoring Paxos for the USDH ticker. #Update #Stablecoin
BONE Price Surges 40% After Exploit
@Shibarium’s network faced a flash loan exploit, draining nearly $3M from its bridge. BONE surged 40% post-attack; staking operations paused as developers investigate. #Breaking #Crypto $BONE (+7) ↗