Ethereum L2 MegaETH introduces yield-bearing stablecoin to fund protocol
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees.
Largest NPM attack in crypto history stole less than $50: SEAL
Hackers broke into the node package manager (NPM) account of a well-known software developer and added malware to popular JavaScript libraries, targeting crypto wallets.
US SEC crypto task force to tackle financial surveillance and privacy
The task force has already conducted roundtables to address issues related to digital asset regulation while proposing changes to the commission’s rules.
OpenSea announces NFT reserve with CryptoPunk as first buy
The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases.
HashKey launches $500M digital asset treasury fund in Hong Kong
The launch follows Nasdaq’s call for tighter scrutiny of corporate crypto holdings, which HashKey framed as a test for the industry.
SwissBorg hacked for $41M SOL after third-party API compromise
Hackers drained 193,000 SOL from SwissBorg’s Solana Earn program after a Kiln API was compromised, affecting 1% of users and 2% of assets.
Kazakhstan’s president calls for national crypto reserve, digital asset law by 2026
The president announced his “CryptoCity” plans would be developed in Alatau, while the government would move forward to create a strategic crypto reserve with “promising assets.”
Bitcoin climbs above $112K, but derivatives data show traders remain cautious
Bitcoin derivatives markets showed persistent caution, with sentiment influenced by BTC spot ETF outflows and Strategy not being included in the S&P 500 index.
Ex-Celsius CEO set to start 12-year prison sentence this week
Alex Mashinsky pleaded guilty to two felony counts in December, admitting in court to making false statements about the platform’s Earn Program.
Price predictions 9/8: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
Buyers are trying to sustain Bitcoin above $112,500, but the upside may remain capped until the whales reduce their selling and treasury companies increase their demand.