Crypto

To guard against a distant quantum risk, El Salvador moved 6,000 BTC into 14 wallets, a move hailed as prudent custody by some and theatrics by others. The government redistributed roughly 6,274 BTC (around $678 million at publication time) from one address into 14 fresh addresses, each capped at 500 BTC, as a precautionary security measure. Until late August 2025, El Salvador’s national Bitcoin reserve sat in a single address. That’s a straightforward setup but a risky one: If a vulnerability is ever discovered, the entire stash could be exposed. Read more

Over 72 percent of circulating BTC is now illiquid, suggesting reduced sell-side pressure and a continued downtrend of Bitcoin supply on cryptocurrency exchanges. Key takeaways: Bitcoin’s Illiquid supply now stands at 14.3 million BTC, a new record. Whales are absorbing nearly 300% of the yearly mined BTC supply. Read more

The Bank of Italy's vice director warned that multi-issuance stablecoins pose risks to EU financial stability and should be restricted to equivalent regulatory jurisdictions. A senior Bank of Italy official warned that stablecoins issued by multiple entities across different countries pose significant risks to the European Union’s financial system unless they are strictly limited to jurisdictions with equivalent regulatory standards. Speaking at the Economics of Payments Conference in Rome on Thursday, Chiara Scotti, vice director of the Bank of Italy, said multi-issuance stablecoins — digital tokens issued in several countries under a single brand — may increase liquidity but also bring “considerable legal, operational, liquidity and financial stability risks” if at least one issuer is outside the EU. “Although this architecture could enhance global liquidity and scalability, it poses significant legal, operational, liquidity and financial stability risks at EU level, particularly if at least one issuer is l...

Your day-ahead look for Sept. 19, 2025

The proposal seeks to create more value for long-term WLFI tokenholders, while exploring additional protocol revenue sources for token buybacks. US President Donald Trump-backed crypto project World Liberty Financial passed a governance proposal to reduce the supply and boost the value of its native cryptocurrency following its disappointing price performance since launch. On Thursday, the Trump family-backed platform passed a governance vote that seeks to use 100% of the project’s treasury’s liquidity fees for World Liberty Financial (WLFI) token buybacks and burns, meaning permanently removing the tokens from circulation. The vote passed with a 99.8% majority, while only 0.06% of the community voted against the proposal, which will serve as the “foundation” of the platform’s token buyback strategy, according to data from WorldLibertyFinancial.com. Read more

After Changpeng Zhao congratulated it on X, community members speculated that the Binance co-founder may be behind the Aster project. BNB Chain-based decentralized perpetuals exchange Aster briefly crossed $2 billion in total value locked (TVL) on Thursday after launching its native token, before falling back sharply, according to DefiLlama data. The surge that followed the project’s Aster (APX) token launch proved to be short-lived, as it ended the day at $545 million TVL. At the time of writing on Friday, the exchange’s TVL had rebounded to $655 million, still nearly double its usual range of $300 million–$400 million before the token debut.  The launch also sparked heightened trading activity, with Aster logging $434 million in 24-hour volume, placing it among the most active decentralized finance (DeFi) derivatives platforms. While the project gained traction, it still has a ways to go to catch up with Hyperliquid, its biggest rival in the space.  Read more

ZKsync, Further Ventures, EigenCloud and 500 Global back privacy-driven DEX in push toward trillion-dollar on-chain finance

The central bank warned Canada risks falling behind without federal stablecoin regulation as domestic adoption accelerates.

The Nasdaq-listed sports club owner, rebranded from Brera Holdings, raised $300 million from UAE-based Pulsar Group and Ark Invest to buy SOL tokens.

The deal aims to strengthen IG’s position in the Asia-Pacific crypto market and complements its recent crypto rollouts in the U.K. and U.S., the firm said.

The bill proposes allowing the state treasury to invest up to 10% of its reserves in bitcoin and potentially other cryptocurrencies.

Bitcoin (BTC) puts trade at a premium across all time frames.

ImmutableX has rallied after the Fed’s rate cut, with gaming partnerships, token rewards, and regulatory tailwinds lifting sentiment.

The bill marks its first movement in seven months, a sign of broader momentum for state-level Bitcoin adoption that “can’t be contained.”

The impressive first day debut highlights growing investor appetite for alternative investment vehicles tied to altcoins.

The EU is planning further oversight that could reach crypto as part of broader efforts to revive momentum in the Bloc's capital markets.

Bitcoin steadies at $117K as the Fed cuts rates and the SEC approves Grayscale’s first multi-asset ETP. BTC eyes $120K with a bullish outlook. The post Bitcoin Price Prediction: Will SEC’s First Multi-Asset ETP Push BTC Past $120K? appeared first on Cryptonews.

PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge. Payments giant PayPal is expanding its PayPal USD stablecoin across eight new blockchains, seven of which are through an integration with LayerZero’s Stargate Hydra bridge. The integration will create a permissionless version of PayPal USD (PYUSD) — PYUSD0 — which will be “fully fungible” with the PYUSD and interoperable across blockchains, crypto infrastructure firm LayerZero said in a statement on Thursday.  Those blockchains are Tron, Avalanche, Aptos, Abstract, Ink, Sei and Stable, while existing permissionless versions on Berachain (BBYUSD) and Flow (USDF) will upgrade to PYUSD0. A separate announcement on Thursday also revealed that PYUSD has expanded to Stellar. Read more

The White House has reconsidered its CFTC leadership pick after Brian Quintenz’s stalled nomination and Winklevoss backlash, reviewing new candidates with experience in crypto and digital asset regulation. The post White House Scrambles for New Crypto CFTC Pick After Winklevoss Backlash appeared first on Cryptonews.

Earlier this week, the NBA star's agent and business partner, Rick Kleiman, told a conference audience that Durant had been unable to access his account.