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This week, Hyperliquid received competing proposals from Paxos, Agora, and Frax to supply stablecoin infrastructure for USDH, with each bidder emphasizing regulatory posture, distribution, and how yield from reserves would be shared with the ecosystem. Hyperliquid Is Now Weighing Multiple Proposals Bitcoin.com News previously reported on Paxos on Sunday, Sept. 7, and Paxos’s written bid … Read more
Fidelity Investments has quietly launched an onchain tokenized share class of a U.S. Treasuries money-market fund on Ethereum, introducing the Fidelity Digital Interest Token (FDIT) for institutional clients. Fidelity Takes Treasury Exposure Onchain With FDIT FDIT is structured as an ERC20 token that records ownership, transfers, and settlement onchain, offering 24/7 transferability and operational features … Read more
The crypto industry is denouncing the U.S. Securities and Exchange Commission after the agency’s inspector general said nearly a year of text messages from former Chair Gary Gensler’s government phone were irretrievably lost because of “avoidable errors.” SEC Agrees to Fixes After Gensler Text Loss; Crypto Sector Sees Double Standard The SEC’s Office of Inspector … Read more
Stocks associated with crypto, bitcoin treasuries, and mining had a week from hell and a month that looked even worse, proving once again that if Wall Street wants chaos, it only needs to look at the companies tethered to digital assets. A Savage Week and Month of Crypto Stock Trading Let’s start with the top … Read more
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, El Salvador turns to gold to diversify its foreign reserves, Venezuela reportedly uses USDT to settle crude sales, and Bolivia is set to launch its national CBDC. El Salvador Pivots to Gold, … Read more
Belarus President Aleksandr Lukashenko has renewed his push for comprehensive cryptocurrency regulation, calling for clear, transparent rules and oversight mechanisms to keep pace with the fast-evolving digital asset sector. Lukashenko’s Frustrations Belarus President Aleksandr Lukashenko has reportedly issued a renewed directive to fast-track comprehensive cryptocurrency regulations, emphasizing the need for transparent oversight and legal clarity … Read more
World Liberty Financial Inc. (WLFI) has announced the blacklisting of 272 cryptocurrency wallets as a protective measure against rising phishing attacks and wallet compromises. Protective Measure, Not a Punitive One World Liberty Financial Inc. (WLFI), a Trump family–backed organization, has issued a detailed statement addressing its recent decision to blacklist 272 cryptocurrency wallets. The move, … Read more
Active loans in tokenized private credit now top $15.95 billion, signaling rapid growth but also sharper fault lines in protocol performance. Loan Counts Fall as Tokenized Credit Market Consolidates Tokenized private credit has grown significantly since mid-June, adding more than $2 billion in active loans and $4.3 billion in cumulative lending. As of Sept. 6, … Read more
A French elite police unit recently rescued a young Swiss national who had been kidnapped for a cryptocurrency ransom in Valence on August 31. French Elite Unit Rescues Crypto Hostage, 7 Arrested The French’s elite police unit, Ground Forces of National Security (GIGN), recently rescued a young Swiss national held hostage for a cryptocurrency ransom. … Read more
Thumzup Media has unveiled its transformation plan into a major cryptocurrency player, highlighted by a pending dogecoin mining acquisition, a $50 million stock offering, and an expanded digital asset treasury strategy. Thumzup Aims to Become North America’s Dogecoin Mining Leader Donald Trump Jr.-backed Thumzup Media Corporation (Nasdaq: TZUP) has outlined a sweeping strategic shift into … Read more