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Found 2228 news

  • Polymarket seeking funding round that could surge its valuation to $10B
    CryptoSlate - 21:45 Sep 12, 2025
    Prediction market Polymarket is pursuing new funding that could boost its valuation to $10 billion, as Business Insider reported on Sept. 12. Two people with knowledge of the matter said the valuation discussions represent at least a threefold increase from the $1 billion Polymarket achieved in a funding round that closed this summer. According to […] The post Polymarket seeking funding round that could surge its valuation to $10B appeared first on CryptoSlate.
    Tags: Polymarket
  • Gemini shares hit $40 within hours of Nasdaq debut, showcasing Wall Street’s crypto appetite
    CryptoSlate - 21:00 Sep 12, 2025
    Gemini made a strong entrance on Wall Street on Sept. 12, with its stock price surging over 50% within the intial hours of their first day of trading on the Nasdaq. The stock, listed under the symbol GEMI, opened at $28 per share and quickly advanced in the opening hours. Prices briefly touched $40 before […] The post Gemini shares hit $40 within hours of Nasdaq debut, showcasing Wall Street’s crypto appetite appeared first on CryptoSlate.
    Tags: Nasdaq Wall Street Gemini
  • Circle eyes deeper ties with Hyperliquid through potential native USDC launch
    CryptoSlate - 20:27 Sep 12, 2025
    Stablecoin issuer Circle appears set to deepen its role in decentralized finance by preparing a native launch of USD Coin (USDC) on Hyperliquid’s Layer 1 chain, HyperEVM. On Sept. 12, blockchain researcher MLM Blockchain flagged test transactions involving USDC on HyperEVM’s mainnet, suggesting that a native deployment could roll out in the coming weeks. Adding […] The post Circle eyes deeper ties with Hyperliquid through potential native USDC launch appeared first on CryptoSlate.
    Tags: Circle Hyperliquid USDC
  • Hyperliquid tops Nasdaq’s 2024 net income, beats Robinhood’s trading volume 4 months in a row
    CryptoSlate - 19:30 Sep 12, 2025
    Decentralized derivatives exchange Hyperliquid has consistently outperformed traditional finance giants in terms of volume and net income. DefiLlama data estimates Hyperliquid’s annualized net income at $1.24 billion as of Sept. 12, exceeding Nasdaq’s $1.12 billion net income for the entirety of 2024 by 11%. The comparison positions the DeFi platform ahead of one of the […] The post Hyperliquid tops Nasdaq’s 2024 net income, beats Robinhood’s trading volume 4 months in a row appeared first on CryptoSlate.
    Tags: Nasdaq Hyperliquid Robinhood
  • Tether launches compliant USAT stablecoin under new leadership
    CryptoSlate - 19:06 Sep 12, 2025
    Tether has unveiled USAT, a new stablecoin product for the US market, according to a Sept. 12 statement. Alongside the announcement, the company confirmed that Bo Hines will become the CEO-designate for the USAT stablecoin. Hines described his appointment as an opportunity to reinforce America’s influence in global finance by launching a stablecoin rooted in […] The post Tether launches compliant USAT stablecoin under new leadership appeared first on CryptoSlate.
    Tags: USAT Tether
  • WisdomTree puts $1 trillion private credit market on Ethereum and Stellar for $25
    CryptoSlate - 16:30 Sep 12, 2025
    WisdomTree has unveiled a tokenized investment vehicle to bring private credit directly onto blockchain rails. The WisdomTree Private Credit and Alternative Income Digital Fund (CRDT) launched Sept. 12 on Ethereum and Stellar blockchains. It will be available to investors through the company’s Prime and Connect platforms. WisdomTree’s CRDT According to the statement, the fund’s performance […] The post WisdomTree puts $1 trillion private credit market on Ethereum and Stellar for $25 appeared first on CryptoSlate.
    Tags: WisdomTree Ethereum Stellar
  • Polymarket just made Bitcoin bets settle instantly with Chainlink upgrade
    CryptoSlate - 15:52 Sep 12, 2025
    Polymarket has launched a new integration with Chainlink that upgrades how its prediction markets are priced and settled, according to a Sept. 12 statement shared with CryptoSlate. The rollout connects Chainlink’s oracle infrastructure to Polymarket’s platform on Polygon mainnet, giving traders access to faster, tamper-resistant data feeds and automated settlement tools. The system pairs Chainlink […] The post Polymarket just made Bitcoin bets settle instantly with Chainlink upgrade appeared first on CryptoSlate.
    Tags: Polymarket Chainlink Bitcoin
  • Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025
    CryptoSlate - 14:51 Sep 12, 2025
    Tokenized U.S. Treasuries on public blockchains hold $7.42 billion as of September 12, 2025, with large vehicles concentratedon Ethereum-linked issuance tracked by RWA.xyz. Fidelity’s new OnChain share class adds another institutional line to that base. The Fidelity Treasury Digital Fund’s OnChain Class, recorded on Ethereum as the Fidelity Digital Interest Token, shows about $203.7 million […] The post Fidelity’s $203 million debut puts Ethereum’s tokenized bills on $10B trajectory for 2025 appeared first on CryptoSlate.
    Tags: Fidelity Ethereum
  • Crypto funding falls 30% in August despite strong quarterly performance
    CryptoSlate - 00:00 Sep 12, 2025
    Crypto protocols raised $1.9 billion in August, down 30% from July’s $2.67 billion, according to DefiLlama data. Despite the monthly drop, August numbers for raises from venture capital funds align with the numbers recorded in July, with $600 million captured from PUMP’s public sale last month. DeFi protocols dominated August funding with multiple major raises, […] The post Crypto funding falls 30% in August despite strong quarterly performance appeared first on CryptoSlate.
    Tags: Crypto August
  • Aave reduces Scroll exposure amid turmoil in governance model
    CryptoSlate - 23:15 Sep 11, 2025
    Aave, the largest decentralized lending protocol, has proposed reducing its exposure to governance risks within the Ethereum layer-2 network, Scroll’s ecosystem. The initiative, submitted on Sept. 11 by the Aave Chan Initiative (ACI), comes amid mounting instability in Scroll’s decentralized governance model. The proposal outlines several defensive measures to protect Aave’s users and liquidity pools. […] The post Aave reduces Scroll exposure amid turmoil in governance model appeared first on CryptoSlate.
    Tags: Aave Scroll
  • Coinbase demands SEC accountability after lost Gary Gensler’s text messages episode
    CryptoSlate - 22:37 Sep 11, 2025
    Coinbase filed a federal court motion demanding accountability after the Securities and Exchange Commission (SEC) deleted nearly a year of text messages from former Chair Gary Gensler during the agency’s crypto enforcement campaign. The Sept. 11 filing seeks expedited discovery, sanctions, and immediate production of all responsive communications. An SEC Office of Inspector General report […] The post Coinbase demands SEC accountability after lost Gary Gensler’s text messages episode appeared first on CryptoSlate.
    Tags: Gary Gensler Coinbase
  • REX-Osprey XRP and memecoin ETFs to debut with different structure next week
    CryptoSlate - 22:02 Sep 11, 2025
    The five crypto exchange-traded funds (ETFs) from REX Shares and Osprey Funds are likely to debut only next week with a structure akin to their Solana SSK ETF, despite the Securities and Exchange Commission (SEC) approval. The REX-Osprey ETFs employed a registered investment company (RIC) structure, which distinguishes them from both traditional spot crypto ETFs […] The post REX-Osprey XRP and memecoin ETFs to debut with different structure next week appeared first on CryptoSlate.
    Tags: Rex-Osprey ETFs
  • Figure debuts with 24% gain as blockchain lending platform achieves $6.6 billion valuation
    CryptoSlate - 21:30 Sep 11, 2025
    Figure (FIGR) shares closed at $31.11 on its Sept. 11 Nasdaq debut, gaining 24% from the $25 pre-sale price and establishing a $6.6 billion market cap with 211.66 million shares outstanding. The blockchain-native lending platform reached an intraday peak of $36.13, representing a 44.5% surge, before settling at closing levels. The debut proceeded without trading […] The post Figure debuts with 24% gain as blockchain lending platform achieves $6.6 billion valuation appeared first on CryptoSlate.
    Tags: Figure
  • BlackRock looking to tokenize ETF shares to expand its digital asset infrastructure
    CryptoSlate - 20:30 Sep 11, 2025
    BlackRock explores tokenizing exchange-traded fund (ETF) shares as part of its push to expand its digital asset infrastructure beyond traditional market boundaries. As Bloomberg News reported on Sept. 11, the firm weighs creating blockchain-based versions of ETFs tied to real-world assets (RWA), including stocks, according to sources familiar with the confidential planning. The initiative builds […] The post BlackRock looking to tokenize ETF shares to expand its digital asset infrastructure appeared first on CryptoSlate.
    Tags: BlackRock
  • Kraken unveils perpetual contracts to simplify crypto trading for retail investors
    CryptoSlate - 19:54 Sep 11, 2025
    Kraken is introducing Kraken Perps, a new perpetual-contracts feature, as part of a broader push to bring more advanced trading tools to retail investors. The development comes after the crypto exchange recently expanded its tokenized equities product, xStocks, reflecting its growing role in bridging traditional finance and blockchain. Perps for the everyday investors With the […] The post Kraken unveils perpetual contracts to simplify crypto trading for retail investors appeared first on CryptoSlate.
    Tags: KRAKEN
  • Bitcoin faces critical test at $114k as low liquidity threatens further upside action
    CryptoSlate - 19:00 Sep 11, 2025
    Bitcoin (BTC) must hold the $114,000 level to attract investors’ confidence and new liquidity to breach the narrow $110,000-$116,000 range. According to a Sept. 11 report by Glassnode, BTC has been stuck in the “air gap” range following its mid-August peak. The trading range threatens to stall the current rally. In the current landscape, Bitcoin […] The post Bitcoin faces critical test at $114k as low liquidity threatens further upside action appeared first on CryptoSlate.
    Tags: Bitcoin
  • South Korea’s Bitplanet eyes top Bitcoin 10 holder status with $50M SGA acquisition
    CryptoSlate - 18:30 Sep 11, 2025
    Bitplanet, South Korea’s first institutional Bitcoin treasury company, has completed the full acquisition of SGA Co. Ltd. through a $50 million deal, according to a Sept. 11 statement shared with CryptoSlate. The transaction marks the conclusion of a 62% takeover of SGA by an international investor consortium, underscoring a growing push to formalize Bitcoin holdings […] The post South Korea’s Bitplanet eyes top Bitcoin 10 holder status with $50M SGA acquisition appeared first on CryptoSlate.
    Tags: South Korea Bitplanet Bitcoin
  • TRON, Binance, and TRM Labs Highlight T3 FCU at CoinDesk: Policy & Regulation, TRON DAO Featured as 3 Block Sponsor
    CryptoSlate - 17:00 Sep 11, 2025
    Geneva, Switzerland, September 11, 2025  – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), proudly participated as a 3 Block Sponsor of CoinDesk: Policy & Regulation conference, held on September 10 at Convene Hamilton Square in Washington D.C. Formerly known as “State of […] The post TRON, Binance, and TRM Labs Highlight T3 FCU at CoinDesk: Policy & Regulation, TRON DAO Featured as 3 Block Sponsor appeared first on CryptoSlate.
    Tags: Policy Binance CoinDesk Tron Regulation Block Sponsor TRM Labs Highlight TRON DAO Featured
  • SEC delays decisions on several ETFs tied to staking and altcoins
    CryptoSlate - 23:15 Sep 10, 2025
    The Securities and Exchange Commission (SEC) delayed decisions on three crypto exchange-traded funds (ETFs) on Sept. 10. The decisions postponed BlackRock’s Ethereum staking proposal alongside Franklin Templeton’s spot XRP and Solana ETF applications. The delays come as the SEC develops a generic listing framework that could streamline future crypto ETF approvals. The postponements position these […] The post SEC delays decisions on several ETFs tied to staking and altcoins appeared first on CryptoSlate.
    Tags: ETFs
  • Gemini raises IPO price range to $19 at the top end, targeting $435M raise
    CryptoSlate - 22:43 Sep 10, 2025
    Crypto exchange Gemini lifted the price range for its initial public offering to $24 to $26 per share, setting up a debut that could value the company at about $3.2 billion, according to a filing this week. The New York-based exchange, run by Cameron and Tyler Winklevoss, previously aimed for a range of $17 to […] The post Gemini raises IPO price range to $19 at the top end, targeting $435M raise appeared first on CryptoSlate.
    Tags: Gemini

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