Category: crypto
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Ethereum Beacon Chain sees major slashing event with 40 validators penalized
On September 10, Ethereum’s Beacon Chain experienced a major slashing event, penalizing 40 validators for conflicting attestations. Most affected operators were linked to Ankr, with one validator losing 0.3 ETH worth $1,300. Slashing occurs when validators violate consensus rules, often due to errors in running keys across multiple environments. Validators must continue operating despite fines…
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Avalanche surges with billion-dollar treasury plan for AVAX
AVAX reached a seven-month high as the Avalanche Foundation seeks up to $1 billion in funding for dedicated treasury companies holding its token. The token’s price surged by 9% to $29, outperforming other top-20 crypto assets. This initiative reflects momentum within the Avalanche ecosystem and follows a trend of DATCO launches in the industry.
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Did diamond hands flinch? 187k BTC sold by LTHs means exhaustion or deeper drawdown ahead?
Long-term Bitcoin holders sold 183,000 BTC in the last 30 days, with a large portion spent in a single session. This coincided with a record high in illiquid supply and an increase in ETF allocations. The market is now waiting to see if primary-market buyers will absorb the released supply.
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Ethereum’s core team underpaid, risking network’s future
A new report from the Protocol Guild reveals that Ethereum core developers are underpaid compared to industry standards, earning an average of $157,939, 60% less than competitors. Despite job offers elsewhere, developers remain loyal due to their belief in Ethereum’s mission. However, underpayment may pose long-term risks to the network’s success.
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Chainlink, UBS, and DigiFT team up to automate tokenized funds in Hong Kong
Chainlink Labs, UBS Asset Management, and DigiFT are collaborating to revolutionize investment fund creation and management by creating an automated framework for tokenized products under Hong Kong’s Cyberport program. This government-backed initiative aims to encourage Web3 experimentation and streamline processes in the asset management sector, potentially transforming future capital markets.
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Next week’s rate cut to unleash billions in daily inflows for Bitcoin ETFs
U.S. spot Bitcoin ETFs received over $1 billion in inflows last week as Bitcoin prices rose above $110,000. Farside Investors, Fidelity, and BlackRock saw significant inflows. The potential for a Federal Reserve rate cut next week could impact demand. The supply side has become more mechanical after the halving.
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Gemini raises IPO price range to $19 at the top end, targeting $435M raise
Gemini crypto exchange increased its IPO price range to $24-$26 per share, aiming to raise $435 million. Nasdaq is investing $50 million in the IPO. The IPO faces regulatory scrutiny after allegations that Tyler Winklevoss tried to influence CFTC nominee Quintenz. Investor interest in Gemini will depend on its financial stability and regulatory compliance.
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SEC delays decisions on several ETFs tied to staking and altcoins
The SEC delayed decisions on three crypto exchange-traded funds on Sept. 10, including BlackRock’s Ethereum staking proposal, Franklin Templeton’s spot XRP and Solana ETF applications. The delays are due to the SEC developing a generic listing framework to streamline future crypto ETF approvals. A Dogecoin ETF launch could kick off a wave of approvals.
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BNB hits new all-time high of $907 amid Binance partnering with Franklin Templeton for tokenization
BNB reached a new all-time high of $907.38, marking its second major milestone in less than three weeks. The crypto market surged past $4 trillion in total market capitalization after a broader rally. BNB posted 29% gains in 2025 and 191% growth since 2024, outperforming other major altcoins. Binance announced a partnership with Franklin Templeton…
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Ethena’s USDe hits $13 billion milestone with Binance boost
Ethena’s USDe stablecoin has quickly grown to over $13 billion in circulation after being listed on Binance. It is now the third-largest stablecoin in the industry, with significant yields attracting investors. Binance’s integration offers a $4 billion opportunity, and the token will be paired against USDT on the exchange.