Category: crypto

REX-Osprey’s Dogecoin and XRP ETFs will begin trading on September 18, with the TRUMP, BONK, and Bitcoin funds lacking confirmed dates. The ETFs use a RIC framework, providing operational flexibility and meeting regulatory requirements. The SEC approved five REX-Osprey ETFs, with potential for more approvals in October. Regulatory delays may occur despite approval.

Ripple is applying for an OCC national trust bank charter to establish “Ripple National Trust Bank” in New York, supporting digital-asset activities like RLUSD. If approved, this would have implications for XRP. RLUSD has a market cap of $730 million and could impact XRP usage on XRPL based on market structure and regulation.

Solana-based memecoin launchpad Pump.fun has seen a surge in adoption, with its PUMP token reaching an all-time high of $0.0086 before settling at around $0.008. The platform’s relaunched livestreaming feature has driven increased user engagement and revenue. Creator earnings on Pump.fun have also reached record levels, with the top earners making between $24,100 and $123,000…

The Ethereum Foundation is launching a new team focused on decentralized artificial intelligence to make Ethereum a financial settlement layer and a trusted foundation for intelligent systems and secure digital interactions. The team will prioritize building an AI economy on Ethereum and advancing a decentralized AI stack, collaborating with ecosystem projects and academic researchers.

Validators on Hyperliquid voted to award the USDH ticker to Native Markets, allowing them to issue the network’s stablecoin. Native Markets won against competitors like Ethena, Paxos, and Agora with a detailed reserve structure and compliance safeguards. They plan to launch a capped testing phase before opening up unlimited mints and redemptions.

Polkadot’s DOT token fell 5% despite the approval of a governance proposal setting a hard cap of 2.1 billion DOT. This ends the open-ended issuance model, aiming to introduce scarcity and reduce dependence on perpetual issuance. The new inflation schedule will taper over two years, with 1.91 billion DOT expected in circulation by 2040.

London Stock Exchange Group has launched a blockchain-based platform for private funds, completing the first transaction with MembersCap. Developed with Microsoft, the platform aims to streamline issuance, subscriptions, and post-trade servicing. The UK is also opening private markets with initiatives like PISCES, aiming to improve efficiency and reduce costs in fund administration.

The Ethereum Foundation’s ‘Privacy & Scaling Explorations’ team has rebranded to ‘Privacy Stewards of Ethereum’ (PSE) and aims to make privacy the norm on Ethereum. They will focus on private reads, writes, and proving to protect users and ensure privacy compliance with global regulations, making Ethereum a backbone of global freedom.

Coinbase CEO Brian Armstrong published the exchange’s token listing process to increase transparency. The process involves submitting an application, thorough review by legal and technical teams, security checks, and technical integration. The timeline for listing a token is generally less than 30 days, with factors like demand and team track-record affecting priority. Delay reasons include…

This week, the Bitcoin hashrate reached 1 zetahash per second, making it more secure and powerful than ever. Dan Tapiero, a macro investor and Bitcoin advocate, emphasized the significance of this milestone. The high hashrate signifies strong protection against attacks and potential price rallies in the future, highlighting Bitcoin’s unmatched security and reliability in the…