Crypto

After stepping down in 2023 as part of a deal with US officials that later sent him to prison, Changpeng Zhao said he had “no plans to return to the CEO position” at Binance. Cryptocurrency enthusiasts are speculating that former Binance CEO Changpeng “CZ” Zhao is closer to receiving a pardon from US President Donald Trump after a change to his social media profile. The odds of Zhao receiving a pardon from Trump on the prediction platform Polymarket increased to an all-time high of 64% on Saturday, but they have since dropped to 45% at the time of publication. Several users noted on Wednesday that Zhao had removed the “ex-@binance” tag — which he had added in 2023 after stepping down as CEO under a US plea deal — suggesting he may no longer be distancing himself from the exchange he founded in 2017. Read more

Buterin admits queue design isn’t “optimal” but warns reducing it naively could weaken trust for infrequent nodes.

The United States Securities and Exchange Commission (SEC) is continuing to take its regulatory discussions around the U.S. as it attempts to chip away at developing clear crypto regulations.The SEC Continues Crypto Regulatory Tour“Crypto Task Force: On The Road” stopped in Chicago on Monday to hear from several digital asset project founders and connect with […] The post Crypto Task Force Continues Regulatory Talks On The Road Series appeared first on Cryptonews.

The new Yield Basis would allocate 35%-65% of its value to holders of vote-escrowed CRV, while an additional 25% would be reserved for the ecosystem. The Curve Finance decentralized autonomous organization (DAO) is voting on a proposal that could open up new income streams for the protocol and its ecosystem. The proposal, introduced in August by founder Michael Egorov, would establish a $60 million credit line of crvUSD for Yield Basis. Voting began on Wednesday, with 97% of votes cast in support of the proposal at this writing. Under the Yield Basis, holders of CRV who stake their tokens would receive veCRV (vote-escrowed CRV) in return, essentially creating income for stakers. Yield Basis would return between 35% and 65% of its value to holders of veCRV, while an additional 25% would be reserved for the ecosystem. Read more

The first U.S. exchange-traded fund tied to Dogecoin surged out of the gate on Sept. 18, recording nearly $6 million in trading volume during its opening hour, a strong showing for a new crypto-linked product. According to Bloomberg data, the REX-Osprey Doge ETF, listed under the ticker DOJE, reached a turnover of $5.8 million before […] The post First dogecoin ETF outperforms expectations, trading nearly $6M in first hour on Wall Street appeared first on CryptoSlate.

The Royal Canadian Mounted Police say the exchange failed to comply with money laundering regulations and also confiscated Ethereum and Litecoin, among other digital assets.

Marco Santori outlines a UAE Solana treasury with bare-metal validators; Rekt Capital flags a $238 retest as support and KALEO says $1,000+ sol is plausible.

The interoperability protocol is introducing a permissionless version of the token to Aptos, Avalanche, Tron and several other chains.

SOL rallied above $250 as institutional adoption and pending ETF approval hopes fueled speculation for further bullish momentum. Key takeaways: Corporate treasury strategies accumulated 17 million SOL, bolstering institutional demand despite weak leverage demand. A wave of cryptocurrency ETF approvals in the US is likely, but SOL must secure inflows amid competing altcoins. Read more

The first U.S. DOGE ETF has launched on the Cboe BZX exchange, recording nearly $6 million in first-hour volume and doubling analyst estimates. The post Dogecoin Jumps 8% as First U.S. DOGE ETF Doubles Forecast With $6M Debut appeared first on Cryptonews.

The crypto exchange integrates Morpho lending into its app, letting USDC users tap DeFi yields of up to 10.8%. Coinbase is rolling out a new way for users to earn yields on their USDC holdings, marking one of the exchange’s first large-scale integrations with decentralized finance (DeFi) at a time of accelerating stablecoin adoption. The company announced Thursday that it is integrating the Morpho lending protocol, with vaults curated by DeFi advisory company Steakhouse Financial, directly into the Coinbase app. The move will allow users to lend USDC (USDC) without navigating third-party DeFi platforms or wallets. Coinbase already pays up to 4.5% APY in rewards for holding USDC on its platform. With the new DeFi lending option, however, users can tap into onchain markets and potentially earn yields of up to 10.8% as of Wednesday, according to Coinbase. Read more

Once clunky and confusing, cryptocurrency wallets are evolving into intuitive tools that could soon hold not just money, but identity, data and more. The crypto industry has recently made headlines for regulation battles, speculation or hacks, but behind the noise, wallets, the entry point for most people into the digital asset world, are quietly evolving and transforming what it means to participate in the Web3 economy. This week’s episode of The Clear Crypto Podcast, brought to you by StarkWare and Cointelegraph, dives into the future of cryptocurrency wallets with Jess Houlgrave, CEO of Reown, the company behind WalletConnect, to explore how wallets are shifting from niche crypto tools to mainstream “control centers” for digital life. “I don’t think there is one best wallet, because what each individual or company might want from a wallet is going to vary a very huge amount,” Houlgrave said. Read more

Sleeper pick Aster has received CZ’s support – Aster coin price prediction eyes 100x with hype fuelling an explosive debut. The post Aster Coin Price Prediction: CZ-Backed Hyperliquid Rival Launches Stealth – Is This the Next 100x DEX Gem?  appeared first on Cryptonews.

Kalshi is rocketing up the prediction market volume charts as four states sue the company, claiming its sports contracts are unlicensed gambling.

A recent survey found that PayPal’s stablecoin is among those with the highest corporate adoption rates.

The financial regulator asked a judge to stay its enforcement case against the Tron founder in February, after which time the company went public on Nasdaq. Two members of Congress have called on the Securities and Exchange Commission (SEC) to answer questions that could impact how crypto companies go public on US exchanges.  In a Wednesday letter to SEC Chair Paul Atkins and acting director of the commission’s division of corporation finance Cicely LaMothe, Senator Jeff Merkley and Representative Sean Casten questioned the agency’s timing on dropping an enforcement case against Tron founder and CEO Justin Sun. The Tron founder had been facing a lawsuit filed by the SEC in 2023 over allegations of offering unregistered securities, but the agency asked for a stay in the case in February, a month after the departure of former Chair Gary Gensler. Read more

Bitcoin (BTC) remains in a delicate balance following the Federal Reserve’s rate cut decision, where holding $115,200 is key to defining the next movement. Glassnode reported on Sept. 18 that derivatives markets and on-chain data revealed a market poised for its next directional move. BTC was trading at $117,649.40 as of press time, positioning above […] The post Bitcoin’s next major move post-FOMC relies on staying above $115,200 appeared first on CryptoSlate.

PENGU rises 10% to $0.037 after a bullish retest. Analysts point to targets near $0.074 with momentum still strong.

MARA and CLSK rally as bitcoin nears $118,000 and sector momentum builds.

Pudgy Penguins token has exploded with a dominant 14% rally to become the day's top crypto gainer, now trading at $0.03836 with $2.4B market cap as Wall Street institutional exposure through Bullish and technical pennant patterns signal potential 40% breakout to new highs above $0.06. The post Pudgy Penguins Leads Crypto Rally with 14% Daily Gains – PENGU 40% Breakout Next? appeared first on Cryptonews.