Crypto price tracker CoinGecko shows that the Linea token traded at $0.024 at the time of writing, down 20% in the last 24 hours. Joseph Lubin, the founder of Consensys and a key figure behind the Linea blockchain, teased potential future rewards for users who hold on to their tokens. In an X post on Thursday, Lubin said long-term holders could become eligible for future distributions, including tokens from Consensys and other aligned ecosystem projects. He said that holding tokens signals that the user is a Linea community member and is likely engaged in productive Linea economy activities. “If we notice, at some date in the future, that you’ve held n LINEA tokens for m days, that just might lead to another token landing in your account,” Lubin wrote, adding that MetaMask and Linea are preparing something together. Read more
Which treasury strategy is gaining ground in 2025: Bitcoin as digital gold or Ether as a yield engine? In recent years, companies and countries have increasingly included cryptocurrencies in their treasury strategies. Traditionally, corporate treasuries relied on cash, gold or government bonds to maintain value, ensure liquidity and provide financial stability. Governments had gold reserves to back their currencies. However, cash loses purchasing power. Bonds carry rate and duration risk. Foreign exchange shocks hit balance sheets without warning. Ideally, you want a reserve that holds value, moves fast across borders and plugs into digital rails. That is why Bitcoin (BTC), Ether (ETH) and, in some cases, stablecoins now sit beside cash, gold and T-bills. Read more
Standard Chartered-backed Zodia Custody has exited its Japan venture with SBI Holdings after two years, with both firms calling the move a strategic realignment. Zodia Custody, the digital asset custody firm backed by Standard Chartered, has dissolved its joint venture with Japan’s SBI Holdings two years after launching the initiative. The venture, known as SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia Custody. According to its website, the project aimed to replicate institutional-grade custodial services in the digital asset space. “This is a strategic alignment between SBI and ourselves as a mutual decision that we have other priorities and they have other priorities,” Julian Sawyer, CEO at Zodia Custody, reportedly told Bloomberg. Read more
Sui-based yield trading protocol Nemo lost $2.59 million in a Sept. 7 exploit caused by unaudited code deployed without multisignature controls. Sui-based yield trading protocol Nemo lost about $2.59 million due to a known vulnerability introduced by non-audited code being deployed, according to the project. According to Nemo’s post-mortem analysis of the Sept. 7 hack, a flaw in a function intended to reduce slippage allowed the attacker to change the state of the protocol. This function, named “get_sy_amount_in_for_exact_py_out,” was pushed onchain without being audited by smart contract auditor Asymptotic. Furthermore, Asymptotic’s team identified the issue in a preliminary report. Still, the Nemo team admits that its “team did not adequately address this security concern in a timely manner.” Read more
XRP analysts highlighted the potential to rebound to $4.50 and higher as institutional demand and derivatives trader interest increased steadily. Key takeaways: XRP’s potential to rise to new all-time highs is backed by increasing institutional demand and open interest. Analysts say XRP's price could continue its uptrend to $3.12 and later to $4.50. Read more
Avalanche Foundation reportedly expects to raise up to $1 billion for treasury-related ventures, planning to sell millions of AVAX at a discounted price. Avalanche Foundation, a nonprofit behind the cryptocurrency Avalanche, is reportedly raising $1 billion to launch digital asset treasury projects and accumulation projects. Avalanche Foundation is in active discussions with investors to launch a digital asset treasury company and convert another company into a “crypto-hoarding” vehicle, the Financial Times reported on Thursday, citing sources familiar with the matter. The nonprofit reportedly expects to raise $1 billion in funding, which would be used to purchase Avalanche (AVAX) from the foundation at a discounted price. Read more
Researcher Luiz Eduardo Abreu Hadad told Cointelegraph that while devs are drawn to established ecosystems, the region can create new platforms. Latin America’s developer community is increasingly focused on building within established blockchain ecosystems like Ethereum and Polygon rather than launching new base-layer protocols, according to a report by consultancy firm Sherlock Communications. The study, which included qualitative inputs from 85 developers in Bolivia, Mexico, Brazil and Peru, showed that the region’s builders care about transparency, coordination and compliance. The devs favor intuitive tools, strong documentation and proven track records, making networks like Ethereum and Polygon a good fit. Luiz Eduardo Abreu Hadad, blockchain consultant and researcher at Sherlock Communications, told Cointelegraph that Latin American devs stand out because they show “strong technical maturity” and focus on real-world issues. Read more