Tether abandoned plans to freeze its dollar-pegged USDT tokens on several older blockchains and is choosing instead to classify them as “unsupported,” according to an Aug. 29 statement.
The change applies to networks such as Bitcoin Cash, Kusama, EOS, and Algorand, among others. Users will still be able to move tokens across wallets, but Tether will no longer issue or redeem USDT on those...
BlackRock’s iShares Ethereum (ETH) Trust ETF (ETHA) recorded $1.244 billion in weekly inflows from Aug. 18-22, ranking second among all 4,400-plus ETFs tracked during the period.
NovaDius Wealth president Nate Geraci noted in an Aug. 29 post via X that only Vanguard’s S...
Eliza Labs and founder Shaw Walters filed a federal antitrust lawsuit against social media platform X on Aug. 27.
According to the lawsuit, the plaintiffs are alleging that the social media platform fraudulently extracted technical information about their AI agents before deplatforming them and launching competing products.
The complaint seeks damages exceeding $75,000 and immediate restoration...
Bitwise Chief Investment Officer Matt Hougan said Solana could soon set new all-time highs, mirroring Bitcoin and Ethereum’s record runs earlier this year.
Hougan argued that SOL is set to benefit from the same forces that propelled BTC and ETH to new highs this cycle, namely exchange-traded fund (ETF) inflows, large capital firms entering the market, and simple, compelling narratives that...
Bitcoin (BTC) holding patterns suggest a potential resumption of the uptrend starting in late September 2025, as long-term accumulation data reveals evolving market dynamics driven by institutional adoption and policy catalysts.
CryptoQuant Korean Community Manager Crypto Dan’s analysis reveals that the current cycle differs from previous bull markets due to extended timeframes and flattening...
Tokyo-based game developer Gumi Inc. is stepping deeper into digital assets with plans to acquire 2.5 billion yen (equivalent to $17 million) worth of XRP, according to an Aug. 29 announcement.
The purchase will be spread across five months from September 2025 through February 2026.
According to the firm, the move is designed to give Gumi more than simple exposure to cryptocurrency prices. It...
The Ethereum Foundation has paused new grant applications to its Ecosystem Support Program (ESP) as it reconsiders how it funds builders and projects.
The pause, announced Aug. 29, comes as the Foundation restructures its approach to ecosystem development and looks to align its grantmaking with longer-term priorities.
A detailed roadmap outlining new funding priorities is expected in the fourth...
Tether’s share of the stablecoin market has dropped below 60% for the first time in more than two years, signaling a shift in an industry that continues to expand at unprecedented rates.
Data from DeFiLlama shows the issuer’s market dominance fell to 59.55%, its lowest level since March 2023, even as the broader stablecoin sector reached a fresh all-time high above $283 billion.
Stablecoins...
The Tron blockchain is preparing for its steepest fee reduction since launch, following a community vote by its Super Representatives (SRs).
On Aug. 29, Tron founder Justin Sun confirmed that the blockchain network’s community has backed a proposal to lower fees by 60%. This adjustment, scheduled to take effect later today, aims to lower transaction costs to drive greater on-chain activity....
Stablecoin supply has grown to around $280 billion after the United States enacted the GENIUS Act in July.
Those two tracks, policy and distribution, frame the question in front of the market: Can supply continue to grow from $280 billion to $500 billion by late 2026?
Treasury has now opened a public comment window to develop the rulebook. The request for comment, mandated by the Guiding and...