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Solana (SOL) surged to $240 for the first time since January, with its market capitalization reaching a new all-time high of $126 billion to overtake BNB as the fifth-largest cryptocurrency. The rally gained momentum as institutional investors poured billions into Solana treasury strategies while Galaxy Digital CEO Mike Novogratz declared the market is entering a…

THORChain co-founder JP lost $1.35 million from a personal wallet on Sept. 9 after falling victim to a Telegram phishing scam linked to North Korea. The attack combined a hacked Telegram account, a deepfake Zoom call, and what he believes was a zero-day exploit. His loss joins the list of recent high-profile losses in the…

Ethena Labs has withdrawn its proposal to issue Hyperliquid’s upcoming USDH stablecoin, following vocal opposition from the community and ecosystem validators. Key Takeaways: Ethena Labs has withdrawn its USDH proposal after community pushback over alignment and focus. The move clears the way for Native Markets, while Ethena shifts focus to other Hyperliquid-based products. Paxos emerges…

The corporate crypto treasury movement has reached a critical turning point, transitioning from an era of guaranteed premiums to what Coinbase Research calls a “player-versus-player” competitive phase. Public companies now hold over 1 million Bitcoin worth $110 billion, with digital asset treasuries controlling $215 billion across 213 entities. However, new research warns that most participants…

A newly discovered cross-platform malware dubbed ModStealer is slipping past antivirus systems and targeting crypto wallets on Windows, macOS, and Linux, according to researchers at Apple device security firm Mosyle. Key Takeaways: ModStealer malware is evading antivirus detection and targeting crypto wallets across Windows, macOS, and Linux. The malware spreads via fake job ads and…

CleanCore Solutions has now acquired more than 500 million Dogecoin (DOGE), marking the halfway point in its plan to build a 1 billion-token treasury. Key Takeaways: CleanCore has acquired over 500 million DOGE, halfway to its 1 billion-token goal. The company aims to position Dogecoin as a strategic reserve asset and payment rail. ZONE stock…

Coinbase has accused the US SEC of destroying nearly a year of text messages from former Chair Gary Gensler, urging a federal court to impose sanctions on the regulator. The company says the lost records cut into its ability to scrutinize how the agency shaped its aggressive stance on cryptocurrencies under Gensler. The accusation came…

Galaxy Digital has reportedly acquired 2.31 million Solana (SOL) tokens, valued at nearly $536 million, according to blockchain data tracked over the past 24 hours. Key Takeaways: Galaxy Digital reportedly acquired 2.31 million SOL worth $536 million via major exchanges. The move follows Galaxy’s $300M investment in Forward Industries’ Solana treasury pivot. Solana’s momentum continues,…

Bankrupt crypto firms FTX and Alameda have withdrawn approximately 192,000 Solana (SOL) tokens, worth around $44.9 million, from staking, according to blockchain analytics provider EmberCN. Key Takeaways: FTX and Alameda redeemed $44.9 million in Solana, continuing a $1.2 billion unstaking trend. Despite redemptions, the estate still holds 4.18 million SOL worth nearly $1 billion. FTX…

Bitcoin briefly rose above $116,000 on Friday after fresh US inflation data fueled expectations of a Fed Reserve interest rate cut, lifting risk assets across the board. Ether rose 2.5% to $4,519, while the overall crypto market added 1.5% to $4.1 trillion. The gains followed a week of closely watched economic releases that reinforced a…