Drift Hack Recovery Reaches Nearly 1 Cent
@DriftProtocol has opened claims for its DFX recovery token, allowing victims of an April exploit to redeem USDT at approximately 1.04% of verified losses until Jan. 1, 2028. #Update #Crypto $USDT
Solana
Ethereum Solana Ranked Most Bullish by CryptoQuant
CryptoQuant’s latest analyst consensus shows $SOL leading with 92.9% bullish ratings, followed by $ETH at 84.4% and $BTC at 82.5%. Elevated XRP futures activity noted, alongside Bitcoin’s historical performance post-U.S. midterms. #Update #Crypto $SOL
Solana Requires 100% Cash for Trades
@Solana announced its DvP settlement program requiring full cash and asset funding for trades, potentially improving liquidity but lacking netting options. #Update #Crypto $SOL
Crypto Syndicate Exposed by ZachXBT’s Infiltration
Blockchain investigator ZachXBT infiltrated a Chinese laundering syndicate, tracing over $1 billion in funds linked to the Lazarus Group and resulting in Tether freezing 442,000 USDT. #Update #Crypto $USDT
Solana Launches Atomic Settlement Tool
The Solana Foundation launched Solana DvP, an open-source settlement tool for financial institutions, with input from JPMorgan. It aims to improve transaction finality using atomic processes. #Update #Crypto $SOL
Solana Launches DvP for Tokenized Assets
@SolanaFoundation has launched Solana DvP for atomic settlement of tokenized assets, enabling banks and exchanges to finalize transactions in seconds. Developed with input from J.P. Morgan. #Update #Crypto $SOL
Solana Launches Instant Institutional Trade Program
@Solana Foundation has launched a program for atomic settlement of institutional trades, reducing counterparty risk and settlement time to seconds. Input from @JPMorgan enhances the initiative. #Update #Crypto $SOL
Solana Launches with 90 North Dakota Banks
North Dakota’s banks and credit unions will use @Fiserv’s digital asset platform for dollar settlements via Roughrider Coin on Solana, involving over 90 institutions for interbank payments. #Update #Crypto $SOL
Solana Liquidity Boosted by QNT Sunrise
Quant’s QNT token is now available on Solana through Sunrise and Raydium, expanding cross-chain market access without leaving Ethereum. #Update #DeFi $SOL
Stablecoin Platform Launches with Roughrider Coin
Fiserv’s digital-asset platform is live with Bank of North Dakota’s Roughrider Coin, using Solana for transactions, moving stablecoin settlement closer to core banking systems. #Update #Stablecoin $SOL
21Shares Boosts Staking Yields in Crypto ETFs
21Shares announces September staking distributions for five crypto ETFs, with the Hyperliquid Staking ETF offering the highest payout at $0.191360 per share. #Update #Staking $ETH
Solana Treasury Surges 47,706 SOL Boost
DeFi Development Corp added 47,706 $SOL, raising its treasury to over 2.5 million tokens valued at $309M, reflecting a 10% increase since August. #Update #Crypto $SOL
Binance Veteran Joins Solana for Growth
The @Solana Foundation appoints former Binance CMO Rachel Conlan as chief strategy officer and ex-Polygon Labs exec Jamal Raees as GM of payments to boost institutional adoption. #Update #Crypto $SOL
Solana Sees $250M USDC Treasury Surge
Circle mints 250M $USDC on Solana, boosting stablecoin liquidity but not indicating a direct market buy. Solana remains a key USDC settlement venue. #Update #Stablecoin $USDC