Cointelegraph.com
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Found 10396 news
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Cointelegraph.com - 13:32 Sep 09, 2025
South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year and issue a Korean won stablecoin once regulations allow. South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year, its first overseas expansion, while also preparing to issue a Korean won-based stablecoin once regulations allow. According to a Tuesday Reuters report, Toss CEO Lee Seung-gun said that the firm plans to launch its superapp in Australia this year and expand to other markets too. “We proved in Korea that a startup can compete head-on with entrenched players,” he told the outlet. “A similar model can work globally, especially in countries where users juggle multiple bank accounts or fintech apps. We want to bring them into one seamless experience.” The CEO said that Toss has attracted more than 30 million users in South Korea since it launched in 2015. Australia is just the first overseas push for the company, where the firm hopes to leverage a fragmented banking system an... -
Cointelegraph.com - 13:30 Sep 09, 2025
The true future of decentralized computing lies not in raw speed, but in abundant block space, where Web3 runs the world’s indispensable decentralized supercomputer. Opinion by: Shawn Tabrizi, engineering lead at Parity In pursuit of adoption, many Web3 builders are hyperfocused on a simple, seductive metric: transactions per second (TPS). Protocols have trumpeted numbers rivaling traditional payment rails, convinced that sheer speed is the holy grail to convert billions of users and major enterprises. While this is intuitively appealing, it is insufficient. Adoption, and its prerequisite utility, is ultimately about capacity, not speed. While TPS is undeniably important, the real arms race is not about the fastest race car but about robust, efficient, flexible and infinitely scalable mass transit systems. Financial applications often need speed, but compute-based applications require abundant, usable block space. This is the vision of Web3 as the world’s indispensable decentralized supercomputer. Read more -
Cointelegraph.com - 13:20 Sep 09, 2025
Can tokenized stocks from centralized issuers like Robinhood or Kraken ever be truly decentralized? Experts are divided. Crypto is supposed to be about freedom permissionless networks, immutable ownership, assets that no government or intermediary can arbitrarily revoke. At least, that was Satoshis dream a vision that has admittedly faded over time as reality butted in. Amid all the other dying idealism, along came stock tokens, shiny digital wrappers for traditional equities such as Tesla, Apple and Amazon. Suddenly, the crypto space found itself dressed up in Wall Streets regulatory straitjacket. Stock tokens, as currently structured, such as Kraken’s, Robinhood’s and in the future, Coinbase’s are about as decentralized as a Goldman Sachs board meeting. Theyre digital and tokenized, but users must pass KYC to acquire them; they can only move between whitelisted addresses, and issuers can freeze or revoke them at will. In short, they arent really crypto at all. Theyre securities in a digital costume, playing... -
Cointelegraph.com - 13:20 Sep 09, 2025
Can tokenized stocks from centralized issuers like Robinhood or Kraken ever be truly decentralized? Experts are divided. Crypto is supposed to be about freedom permissionless networks, immutable ownership, assets that no government or intermediary can arbitrarily revoke. At least, that was Satoshis dream a vision that has admittedly faded over time as reality butted in. Amid all the other dying idealism, along came stock tokens, shiny digital wrappers for traditional equities such as Tesla, Apple and Amazon. Suddenly, the crypto space found itself dressed up in Wall Streets regulatory straitjacket. Stock tokens, as currently structured, such as Kraken’s, Robinhood’s and in the future, Coinbase’s are about as decentralized as a Goldman Sachs board meeting. Theyre digital and tokenized, but users must pass KYC to acquire them; they can only move between whitelisted addresses, and issuers can freeze or revoke them at will. In short, they arent really crypto at all. Theyre securities in a digital costume, playing... -
Cointelegraph.com - 13:11 Sep 09, 2025
Spot Ether ETFs saw over $1 billion in outflows over six days as investors retreated on macro concerns and fading rate-cut optimism. Spot Ether exchange-traded funds (ETFs) recorded over $1.04 billion in net outflows across six consecutive trading days, as investors pulled back in response to growing macro uncertainty and fading confidence in rate-cut tailwinds. On Monday, Ether (ETH) ETFs saw a net outflow of $96.7 million, led by BlackRock’s ETHA, which recorded $192.7 million in withdrawals. This was partially offset by $75 million inflows into Fidelity’s FETH, $9.5 million into Grayscale’s ETHE and $11 million into its mini fund. Total trading volume reached $1.52 billion, with overall net assets falling to $27.39 billion, representing 5.28% of Ether's market cap, according to data from SoSoValue. Read more -
Cointelegraph.com - 13:06 Sep 09, 2025
Vietnam has adopted a five-year crypto pilot that takes effect immediately and bans the issuance of assets backed by fiat currencies or securities. Vietnam, ranked among the top countries worldwide for cryptocurrency adoption, is launching a five-year pilot program introducing strict requirements for the crypto industry. Vietnam’s Deputy Prime Minister Ho Duc Phoc signed a resolution enforcing a framework establishing rules for trading and issuance of crypto assets, the Government Electronic Newspaper of Vietnam reported on Tuesday. Taking effect immediately, the pilot requires crypto transactions — from issuance to trading and payments — to be carried out in Vietnamese dong. Read more -
Cointelegraph.com - 13:05 Sep 09, 2025
SOL price is 70% higher than its $125 lows reached on June 22, as onchain data and a classic pattern suggest that SOL is on track to fresh record highs. Key takeaways: Solana's total value locked rises to an all-time high above $12 billion. Solana’s memecoin daily trading volume jumped 73% over the last 24 hours. Read more -
Cointelegraph.com - 12:43 Sep 09, 2025
Discover how Hyperliquid, a lean, self-funded layer-1 DeFi exchange, reached $330 billion in monthly volume in July 2025. Hyperliquid processed around $330 billion in trading volume in July 2025, briefly surpassing Robinhood. A split-chain design enabled CEX-like speed while keeping custody and execution onchain. The HLP vault and Assistance Fund buybacks aligned traders, market makers and token holders in a reinforcing loop. Read more -
Cointelegraph.com - 12:18 Sep 09, 2025
Ledger chief technology officer Charles Guillemet said that while the immediate danger had passed, the threat still exists. A recent Node Package Manager (NPM) attack stole just $50 worth of crypto, but industry experts say the incident highlights ongoing vulnerabilities for exchanges and software wallets. Charles Guillemet, the chief technology officer of hardware wallet company Ledger, said in a Tuesday X post that the attempted exploit was a “clear reminder” that software wallets and exchanges remain exposed to risks. If your funds sit in a software wallet or on an exchange, you’re one code execution away from losing everything,” he said, adding that supply-chain compromises remain a powerful malware delivery vector. Read more -
Cointelegraph.com - 12:10 Sep 09, 2025
Whale “0xa523” has racked up over $40 million in losses on Hyperliquid, overtaking James Wynn to become the platform’s biggest loser. Hyperliquid trader “0xa523” has overtaken James Wynn to become the platform’s largest losing whale, racking up over $40 million in losses in under a month, according to onchain data. In a Tuesday post on X, Lookonchain revealed that the trader’s downfall was driven by a string of high-leverage missteps, including a $39.66 million loss on Hyperliquid (HYPE), where he sold 886,287 tokens before the asset rebounded. Had he held the position, it would now be worth nearly $9 million more. He later lost over $35 million on a long Ether (ETH) position, flipped to a short, and then lost another $614,000. His current Bitcoin (BTC) short is also underwater, showing an unrealized loss of $1.8 million, according to data from Hyperdash. Read more -
Cointelegraph.com - 10:58 Sep 09, 2025
BTC price strength starts to convince traders that new highs are back on the table, but Bitcoin still needs spot-market support. Key points: Bitcoin revisits $113,000 before Tuesday’s Wall Street open amid talk of a new gold copycat move. That level becomes a recommendation for long entries, but not everyone is bullish. Read more -
Cointelegraph.com - 10:24 Sep 09, 2025
Ripple will provide crypto custody services to Spain’s BBVA bank, expanding its existing partnership amid MiCA-driven adoption by European banks. Ripple, the US blockchain firm behind the XRP cryptocurrency, will provide crypto custody services to Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA). According to a Tuesday announcement, Ripple’s agreement to provide crypto custody services to BBVA follows the bank’s recent announcement of its Bitcoin (BTC) and Ether (ETH) retail trading and custody service. BBVA will rely on Ripple’s institutional custody service to power services to its customers. BBVA’s head of digital assets, Francisco Maroto, said that Ripple’s custody service allows it to meet the necessary standards to “directly provide an end-to-end custody service.” Read more -
Cointelegraph.com - 01:50 Sep 09, 2025
Nasdaq-listed Lion Group currently holds 6,629 Solana and over one million Sui and plans to gradually convert it all into Hyperliquid tokens. Nasdaq-listed trading platform Lion Group Holding has announced plans to shift its entire stash of Sui and Solana into HYPE, the native token of the Hyperliquid blockchain. The Singapore-based trading platform said in a statement on Monday that it plans to exchange its Solana (SOL) and SUI (SUI) gradually over time to lower the average acquisition cost by “taking advantage of market volatility and accumulating HYPE at optimal prices.” Lion Group CEO Wilson Wang said the company’s shift to hold all Hyperliquid (HYPE) “through a disciplined accumulation process,” would “enhance portfolio efficiency,” and position the platform for “sustained growth.” Read more -
Cointelegraph.com - 01:16 Sep 09, 2025
An adviser to Russian President Vladimir Putin is accusing the Trump administration of using stablecoins and gold to devalue its $37 trillion in outstanding debt. An adviser to Russian President Vladimir Putin said the US is strategically using crypto and gold to devalue its debt to “urgently address the declining trust in the dollar.” “The US is now trying to rewrite the rules of the gold and cryptocurrency markets. Remember the size of their debt — $35 trillion. These two sectors (crypto and gold) are essentially alternatives to the traditional global currency system,” Anton Kobyakov said at a press briefing on Monday at the Eastern Economic Forum in Vladivostok, Russia, as reported by RussiaDirect. “As in the 1930s and the 1970s, the US plans to solve its financial problems at the world’s expense — this time by pushing everyone into the ‘crypto cloud,’” Kobyakov said. Read more -
Cointelegraph.com - 22:59 Sep 08, 2025
The task force has already conducted roundtables to address issues related to digital asset regulation while proposing changes to the commission's rules. The cryptocurrency task force with the US Securities and Exchange Commission (SEC) is planning to hold another roundtable that could lead to policy changes at the financial regulator. In a Monday notice, the SEC said the crypto task force, headed by Commissioner Hester Peirce, would host a public roundtable on financial surveillance and privacy on Oct. 17. The event will mark the sixth roundtable focused on issues related to digital assets at the commission’s Washington, D.C., offices since the departure of former SEC Chair Gary Gensler. “Understanding recent developments in privacy-protecting tools will assist the SEC and other financial regulators as we work on policy solutions in the crypto space,” said Peirce. Read more -
Cointelegraph.com - 22:31 Sep 08, 2025
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. Hackers have only managed to steal $50 worth of crypto from a massive supply chain hack affecting JavaScript software libraries, industry security researchers say. Crypto intelligence platform Security Alliance shared the findings on Monday after hackers broke into the node package manager (NPM) account of a well-known software developer and added malware to popular JavaScript libraries that have already been downloaded over 1 billion times, potentially putting countless crypto projects at risk. Ethereum and Solana wallets were specifically targeted, Security Alliance said. Fortunately, less than $50 has been stolen from the crypto space so far, the security firm said, identifying Ethereum wallet address “0xFc4a48” as what it believes to be the only malicious address so far. It added on X: The $50 figure was, however, bumped up from five cent... -
Cointelegraph.com - 22:31 Sep 08, 2025
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees. MegaETH, an Ethereum layer-2 protocol backed by Vitalik Buterin, announced the upcoming launch of a yield-bearing stablecoin that might give it a different business model than traditional L2s, which drive revenue through transaction fees. The stablecoin, USDm, is being developed in partnership with Ethena, an algorithmic stablecoin protocol with $13 billion in total value locked (TVL). It will launch on Ethena’s USDtb infrastructure, which channels reserves into BlackRock’s BUIDL — a tokenized US Treasury bill fund with a $2.2 billion market cap and steady yield, according to RWA.xyz. Yield from the stablecoin’s reserves will reportedly be used to offset sequencer fees, the Ethereum gas costs a layer-2 incurs when publishing batches of transactions to the main chain. Read more -
Cointelegraph.com - 22:01 Sep 08, 2025
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. SwissBorg, a Switzerland-based crypto wealth management platform, said hackers exploited a vulnerability in the API of its staking partner Kiln, draining about 193,000 Solana tokens from its Earn program. The SwissBorg app and other Earn products were not impacted by the hack, the company wrote in a post on X. The stolen SOL (SOL) tokens were worth roughly $41 million at time of writing. The breach originated with Kiln, a staking infrastructure provider that powers yield products on blockchains such as Solana and Ethereum. Read more -
Cointelegraph.com - 21:44 Sep 08, 2025
The launch follows Nasdaq’s call for tighter scrutiny of corporate crypto holdings, which HashKey framed as a test for the industry. Hong Kong-based HashKey Group said it launched a $500 million investment fund targeting digital asset treasuries (DATs), initially focusing on exposure to Bitcoin and Ether's price performance. The fund is structured as a perpetual, institutional-only vehicle allowing regular subscriptions and redemptions, similar to an open-ended crypto hedge fund, HashKey said in a statement. Unlike a passive exchange-traded fund (ETF), HashKey’s fund is designed to invest in projects and companies deploying DAT strategies. The launch comes after Nasdaq announced enhanced scrutiny of listed companies’ crypto holdings on Thursday, a move HashKey framed as signaling a “survival of the fittest” stage for the industry. Read more -
Cointelegraph.com - 21:08 Sep 08, 2025
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. NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant" non-fungible tokens (NFTs). OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk collection — widely considered Ethereum's first NFT profile picture (PFP) collection. “To us, culturally relevant NFTs are works that have made an impact: creatively, socially, or technologically,” OpenSea Chief Marketing Officer Adam Hollander told Cointelegraph. “They might represent a defining moment in NFT history, introduce a new artistic style, or come from voices that haven’t been fully recognized yet.” Read more
10396 items