The U.S. Securities and Exchange Commission (SEC) is undertaking a significant shift in strategy under the leadership of Chair Paul Atkins, introducing reforms designed to make enforcement actions more predictable and less punitive for minor compliance issues. The changes reflect a broader reorientation of the agency’s priorities and philosophy, particularly in how it interacts with businesses and market participants. Advance Notice for Technical Violations Atkins, who has long criticized what he views as the SEC’s overly aggressive enforcement methods, announced that the agency will now provide businesses with advance notice of technical violations before pursuing formal action. This approach aims to allow companies the chance to address issues internally, rather than immediately facing fines or legal battles. According to Atkins, the goal is to improve due process and foster a regulatory environment that prioritizes fairness over punishment. The SEC is also narrowing its focus to traditional enforcement priorities, such as fraud, insider trading, market manipulation, and accounting and disclosure violations. Under prior leadership, the commission was more willing to test novel legal theories or bring actions for minor technical breaches that critics argued were of limited consequence. The new policy represents a clear recalibration toward core securities law violations, reflecting Atkins’ belief that enforcement should target misconduct that poses genuine harm to investors or markets. Supporting these policy changes are structural and staffing adjustments within the commission. The SEC has begun reorganizing its enforcement and examination divisions, appointing regional deputy directors and forming specialized units to handle areas such as cybercrime, asset management, and digital assets. Despite these efforts, the agency is also expected to operate with fewer resources than in recent years, as budget pressures reduce staffing in enforcement and investment management functions. Clear Rulemaking Over Regulation by Enforcement A hallmark of Atkins’ leadership is his preference for clear regulatory rulemaking over what has been criticized as “regulation by enforcement.” In practice, this means issuing updated rules and guidance to clarify obligations in areas like tokenization, custody of digital assets, and fintech innovation. By setting standards through formal rulemaking, the SEC hopes to provide greater certainty for businesses navigating complex and rapidly evolving markets. New leadership within the Enforcement Division is expected to reinforce this recalibrated approach. Meg Ryan, recently appointed as the division’s director, will oversee a strategy focused on high-impact cases while avoiding penalties for small administrative errors. Atkins has emphasized that accountability will remain central, but that enforcement should avoid creating unnecessary burdens for firms that are making good-faith efforts to comply. The new direction has prompted mixed reactions. Supporters argue that the changes will enhance predictability for businesses, encourage cooperation with regulators, and reduce the chilling effect of unpredictable enforcement. They believe clearer guidance and less emphasis on technical infractions will strengthen U.S. competitiveness, particularly in emerging industries such as cryptocurrency and tokenized assets. Critics, however, caution that dialing back on enforcement could create gaps in oversight, allowing bad actors to exploit the system and potentially eroding investor protections. The reforms represent a notable departure from the policies of former Chair Gary Gensler, under whose tenure the SEC pursued aggressive actions against both traditional financial firms and crypto projects. As the Atkins-led SEC continues to refine its approach, businesses, investors, and policymakers will be watching closely to see whether the agency can strike a sustainable balance between rigorous market oversight and a more collaborative regulatory posture.

The Ethereum Foundation has taken a significant step toward redefining privacy in decentralized networks with the release of a comprehensive roadmap dedicated to on-chain confidentiality. Announced in mid-September, the initiative marks a pivotal moment for Ethereum as it attempts to balance transparency, regulatory compliance, and the right to user privacy. To reflect this sharpened focus, the Foundation’s privacy division has rebranded from Privacy & Scaling Explorations (PSE) to Privacy Stewards of Ethereum (PSE), underscoring its commitment to ensuring Ethereum avoids becoming what critics warn could be the “backbone of global surveillance.” Key pillars of the roadmap At the core of the newly unveiled strategy are three guiding pillars: private writes, private reads, and private proving. Each component tackles a different layer of privacy within the Ethereum ecosystem. Private writes involve enabling confidential interactions such as hidden transfers, anonymous payments, and shielded voting mechanisms. This ensures that sensitive activities remain obscured from public scrutiny, a growing concern as blockchain data becomes increasingly transparent and easily analyzed by third parties. Private reads address another dimension of user activity—accessing data securely without revealing personal patterns. This includes developing privacy-preserving Remote Procedure Calls (RPCs) and mechanisms that allow DeFi users to interact with protocols without leaving a traceable footprint. By protecting how individuals query and read information, the initiative aims to close a critical gap in existing privacy protections. The third pillar, private proving, emphasizes the adoption and refinement of zero-knowledge proofs and related cryptographic tools. One highlighted project, PlasmaFold, illustrates the potential of these innovations to enable confidential yet verifiable transactions. These technologies not only bolster security but also address scalability, ensuring that privacy does not come at the expense of efficiency. Applications across DeFi and governance The roadmap is not purely theoretical; it is grounded in practical use cases where privacy concerns are most acute. Decentralized finance (DeFi) has long faced scrutiny for its transparency, with every transaction visible to anyone analyzing the blockchain. PSE’s plan envisions a future where financial transactions are shielded while still retaining auditability for regulatory or security purposes. This balance could encourage wider adoption among institutions and retail users alike. Another critical application lies in governance. On-chain voting, a cornerstone of decentralized decision-making, often exposes voter choices to the public, raising concerns about coercion or retaliation. The Privacy Stewards initiative proposes confidential yet verifiable voting systems, allowing participants to express their views without fear of reprisal while ensuring the legitimacy of outcomes. Industry observers have described the roadmap as one of the most ambitious privacy pushes in blockchain history. By targeting real-world issues—financial confidentiality, governance integrity, and defense against transaction surveillance—the Ethereum Foundation is attempting to shift the conversation from privacy as an optional feature to privacy as a fundamental right. Looking ahead, the success of the Privacy Stewards initiative will depend not only on technical breakthroughs but also on broader community and regulatory acceptance. With growing global debates over data security, surveillance, and digital freedoms, Ethereum’s roadmap arrives at a critical juncture. If realized, it could set new standards for privacy in decentralized networks, positioning Ethereum as both a transparent settlement layer and a guardian of individual rights.

Bitcoin and ether exchange-traded funds (ETFs) capped the week with another surge of inflows on Friday, reinforcing a pattern of sustained investor appetite for digital asset products. The flows extend a multi-day streak of gains that highlight how traditional markets are increasingly embracing cryptocurrencies through regulated investment vehicles. Sustained investor appetite Data from several providers show that spot bitcoin ETFs recorded between $553 million and $642 million in net inflows on Friday, depending on methodology and reporting sources. Cointelegraph, citing SoSoValue, estimated $642.35 million in inflows, marking the fifth straight day of gains. The Block and CoinDesk placed the figure slightly lower, around $553 million, underscoring discrepancies between tracking services but confirming the broader positive trend. Ether ETFs also attracted significant demand, adding approximately $406 million in net inflows on Friday alone. This follows earlier reports of $171.5 million in ether ETF inflows earlier in the week, showing that institutional appetite is not limited to bitcoin. Market analysts noted that such consistent flows into ether funds may signal a shift in sentiment, with investors diversifying their digital asset exposure beyond the leading cryptocurrency. Context and broader implications The strong close to the week builds on an already active period for digital asset ETFs. Earlier in the week, bitcoin ETFs logged a single-day haul of $757 million, one of their strongest inflow sessions in recent months. Together, bitcoin and ether ETFs have now posted five consecutive days of net gains, bringing their combined assets under management above $120 billion. This momentum comes as the broader U.S. ETF industry reached $12.19 trillion in assets under management by the end of August, highlighting the role crypto-linked products are beginning to play within a rapidly expanding segment of financial markets. Analysts argue that the persistence of inflows indicates more than short-term trading enthusiasm, pointing instead to a structural shift in how institutional and retail investors allocate capital. Some of the largest spot bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), and Grayscale’s Bitcoin Trust (GBTC), have been leading drivers of flows throughout the week. While fund-level breakdowns vary by reporting service, these three products continue to dominate the landscape, together representing the majority of bitcoin ETF assets. Market watchers suggest that the resilience of inflows despite volatility in spot crypto prices underscores the growing perception of bitcoin and ether as long-term investment vehicles rather than purely speculative assets. The accessibility of ETFs through traditional brokerages and retirement accounts is also believed to be broadening the investor base. With five straight days of inflows and strong institutional participation, Friday’s activity reinforces expectations that digital asset ETFs will continue to attract fresh capital in the coming months. Observers note that if momentum persists, bitcoin and ether funds could play an even larger role in mainstream portfolio allocation strategies. As regulators, fund issuers, and institutional investors continue to shape the landscape, the sustained performance of bitcoin and ether ETFs suggests that the integration of digital assets into traditional finance is advancing more quickly than many anticipated.

Arthur Hayes, co-founder of BitMEX, has projected that Bitcoin could climb to $200,000 by the end of 2025, citing U.S. Treasury bond buybacks as a central driver. His forecast comes as global financial markets grapple with shifting macroeconomic policies, growing fiscal deficits, and increased interest in digital assets as alternative stores of value. Influence of Treasury Policies Hayes argues that the U.S. government’s potential bond buyback program will inject fresh liquidity into the economy. By reducing volatility in the Treasury market and freeing up capital, the program could redirect investor flows into riskier assets, including Bitcoin. According to Hayes, this environment would serve as a catalyst for Bitcoin’s price to accelerate sharply, with the possibility of reaching $250,000 by the end of the year if favorable conditions persist. He further extends his bullish stance to the longer term, suggesting that Bitcoin could hit $1 million by the end of 2028. This prediction, he notes, is closely tied to U.S. fiscal spending trends and broader political developments, including the direction of economic policy under a potential second Trump presidency. Hayes believes continued deficit spending and monetary interventions will erode confidence in fiat currencies, driving greater adoption of Bitcoin as a hedge. Skepticism from Analysts While Hayes’ outlook has captured attention, many analysts remain cautious. Several experts point out that achieving a $200,000 Bitcoin price target in the short term would be extremely difficult given prevailing headwinds. Current challenges include slowing institutional inflows, reduced retail momentum, and the potential for large-scale miner sell-offs that could add downward pressure to the market. In addition, global economic uncertainty presents another obstacle. Weak credit growth, inflationary risks, and the possibility of tighter regulatory environments could all weigh on Bitcoin’s ability to sustain momentum. Some analysts suggest that rather than doubling in price, Bitcoin could face a correction, bringing it closer to $100,000 before any new rally takes shape. Hayes himself has acknowledged these risks but maintains that the structural forces at play—particularly government liquidity injections—will ultimately drive Bitcoin higher. His projections, while ambitious, are seen by some traders as aspirational targets designed to highlight the potential upside rather than as firm predictions. Current Market Outlook As of the latest reports, Bitcoin remains above $100,000, well short of Hayes’ $200,000 target. The cryptocurrency has shown resilience in recent months, but volatility remains high. Market participants are closely monitoring U.S. Treasury actions, especially the scale and timing of potential bond buybacks, as these decisions could have significant implications for liquidity and investor behavior. The debate over Bitcoin’s trajectory underscores the uncertainty that defines the market. For proponents like Hayes, government fiscal and monetary strategies provide a clear path for Bitcoin to continue its upward climb. For skeptics, the risks of overextension and macroeconomic headwinds make such lofty targets improbable in the near term. Ultimately, whether Bitcoin reaches $200,000 may depend less on sentiment and more on the evolving interplay between government policy and investor appetite for digital assets. At present, the market remains at a crossroads, with Bitcoin’s next major move likely to be shaped by both U.S. fiscal strategy and global risk sentiment. Hayes’ bold call has reignited debate within financial circles, placing Bitcoin once again at the center of conversations about the future of money and the shifting dynamics of global finance.

The Bitcoin-backed stablecoin YU, issued by the Yala protocol, experienced a severe depegging incident following a security exploit that allowed attackers to mint 120 million tokens without authorization. The breach, which occurred on the Polygon network, triggered a dramatic drop in YU’s value, sending the stablecoin from its intended $1 peg down to as low as $0.20. Attackers bridged approximately 7.71 million of the newly minted tokens to Ethereum and Solana, where they were rapidly exchanged for USDC. This sudden influx of unbacked YU created massive selling pressure in liquidity pools, sparking panic among traders and causing the token’s price to collapse across multiple markets. The sharp decline has drawn comparisons to previous high-profile depegging events in the crypto sector, underscoring the fragility of stablecoin ecosystems when core protocol functions are compromised. Market reaction and partial recovery In the aftermath of the exploit, YU’s market price showed signs of resilience. Following the plunge, the token partially rebounded, trading between $0.78 and $0.91 on certain platforms. However, the peg has not been fully restored, leaving investors uncertain about the token’s long-term stability. Market analysts have pointed to thin liquidity in Ethereum-based pools as a key factor that magnified the token’s volatility, noting that limited buying support made it difficult to absorb the selling pressure caused by the exploit. The uncertainty has left many holders questioning whether YU can regain and maintain its $1 peg in the near term. The incident has also raised broader questions about the security and durability of over-collateralized stablecoins, which are designed to be more resilient than algorithmic models but remain vulnerable to technical vulnerabilities and governance flaws. Protocol response and security measures The Yala team confirmed the breach publicly on social media, describing it as a temporary disruption that “briefly impacted YU’s peg.” In their statement, they emphasized that all collateralized Bitcoin reserves backing the token remain intact, either in self-custody arrangements or held in secured external vaults. The team stressed that no collateral was compromised during the attack, seeking to reassure investors about the fundamental backing of the token. As part of its immediate response, Yala paused its “Convert” and “Bridge” features, effectively freezing certain functions of the protocol to prevent further abuse. The project has since engaged blockchain security specialists, including SlowMist, to investigate the incident, trace the attacker’s movements, and strengthen defenses against similar exploits in the future. These measures are intended to restore confidence and safeguard the protocol’s integrity, though full recovery of market trust may take longer. Risks and implications for stablecoin markets The YU incident highlights the risks inherent even in Bitcoin-backed stablecoins, which are often promoted as more secure than their algorithmic counterparts. The exploit demonstrated how vulnerabilities in minting functions can undermine the entire system, regardless of the quality or quantity of collateral held in reserve. Industry observers suggest the attack could prompt renewed regulatory scrutiny, particularly as governments and financial authorities debate stablecoin oversight. With stablecoins already under heightened attention for their role in digital payments and decentralized finance, the YU depegging is likely to fuel further discussion about consumer protection, security standards, and systemic risks in the stablecoin sector. For Yala and YU holders, the path forward will depend on whether confidence in the token’s peg can be restored — and whether stronger safeguards can prevent similar disruptions in the future.

The Monero blockchain has come under intense scrutiny after undergoing an unexpected 18-block reorganisation, one of the most significant in its recent history. The rollback, which occurred at block heights around 3,499,659 through 3,499,676, erased approximately 118 previously confirmed transactions and effectively invalidated about 36 minutes of activity on the chain. The incident has reignited debates over the privacy-focused network’s security and resilience against potential double-spend attacks. Monero, widely regarded as a leading privacy coin due to its advanced cryptographic techniques, has long positioned itself as a decentralized alternative to more transparent blockchains. However, the size of this reorganisation has unsettled many in the community, including merchants, exchanges, and individual users who rely on its reputation for reliability. Hashrate concentration under spotlight Analysts suggest that a growing concentration of hashrate among specific mining entities may have contributed to the chain instability. In particular, the Qubic network, which has attracted substantial mining power in recent months, is suspected of controlling enough hashrate to influence block production and enable reorganisations at this scale. While there is no direct evidence of malicious intent, the incident underscores the broader risks of hashrate centralization within proof-of-work systems. Security experts, including researchers at blockchain security firm SlowMist, have warned that reorganisations of this depth represent a serious risk to network reliability. The rollback raises the possibility of double-spending, where previously confirmed transactions can be invalidated and the same coins spent again. Merchants and exchanges typically rely on Monero’s ten-confirmation standard to ensure finality, but with this reorganisation surpassing that threshold, the community is reconsidering whether more confirmations are necessary to safeguard against similar events. Potential responses and protocol discussions In the wake of the reorganisation, Monero developers and community members are weighing potential safeguards to reinforce the network. Proposed measures include requiring a greater number of confirmations before transactions are considered final, implementing trusted checkpoints distributed through DNS, and modifying the consensus mechanism to limit the feasibility of deep reorganisations. Each of these options comes with trade-offs, balancing decentralisation, efficiency, and trust assumptions. While no immediate protocol change has been confirmed, the discussion highlights long-standing concerns within the Monero ecosystem about how best to preserve its twin goals of privacy and security. The reorganisation also raises questions about whether proof-of-work alone can guarantee long-term protection against mining power consolidation, particularly as competition for hash power intensifies across blockchain networks. Uncertainty over cause and implications It remains unclear whether the 18-block reorganisation was the result of deliberate manipulation or technical anomalies within the network. Some observers argue that the scale of the rollback suggests coordination by a powerful miner or mining pool, while others caution against drawing conclusions without further investigation. Regardless of the cause, the size of the reorganisation has heightened pressure on developers to address vulnerabilities and reassure stakeholders. For exchanges and businesses that support Monero payments, the incident underscores the importance of reevaluating confirmation thresholds and risk management practices. For users, it serves as a reminder that even mature blockchain networks are not immune to disruptions when mining power becomes concentrated. As Monero approaches its next phase of development, the network faces a critical juncture. The recent reorganisation highlights the ongoing challenge of securing proof-of-work blockchains against structural risks while maintaining the decentralisation and privacy features that have made Monero a cornerstone of the privacy-focused financial ecosystem.

The Shibarium bridge, which connects the Shiba Inu blockchain’s Layer 2 network to Ethereum, was hit by a flash loan exploit on Friday that drained about $2.4 million in crypto, prompting developers to freeze several key functions while they secure the system. This marks the largest single exploit on the Shibarium network since its mainnet launch in August 2023, when it attracted more than 1 million wallets in its first two months of operation. According to Shiba Inu developers, the attacker borrowed 4.6 million BONE tokens, the governance token of the network, to gain temporary control of validator keys and push through unauthorized transactions. With majority validator power, the exploiter drained 224.57 ether (ETH) and 92.6 billion SHIB tokens from the bridge contract, shifting the assets to an external wallet. At Friday’s market prices, the stolen ETH was worth roughly $670,000 while the SHIB tokens were valued at just over $1.5 million, making SHIB the largest component of the theft. Developers quickly paused staking and unstaking functions, preventing the attacker from reclaiming or cashing out the borrowed BONE. The tokens remain locked because of a built-in unstaking delay. The attacker also ended up with around $700,000 worth of KNINE tokens linked to K9 Finance, but those tokens were blacklisted by the project’s DAO, making them unsellable. Flash loan-based governance attacks have become more common in DeFi — similar exploits were used in 2023 against Euler Finance (losses of $197 million, later mostly returned) and Mango Markets ($114 million). Developers Respond and Markets React Lead Shiba Inu developer Kaal Dhairya described the incident as a “sophisticated” attack likely planned for months, in a post on X. He said the team has contacted law enforcement but is open to negotiating a bounty if the attacker returns the funds. Security firms Hexens, Seal 911, and PeckShield have been enlisted to investigate. The use of outside security firms is notable, as PeckShield was also among the first to identify and trace the $600 million Poly Network hack in 2021. The exploit triggered wild price swings in Shibarium tokens. BONE spiked 78% within an hour of the attack, jumping from $0.165 to $0.294 before falling back to $0.202 by Saturday. SHIB, meanwhile, gained about 4.5% in the past 24 hours, according to The Block’s pricing data. Despite the volatility, SHIB’s market capitalization remains above $10 billion, keeping it among the top 20 cryptocurrencies by size, according to CoinGecko. Shibarium, launched in 2023 as a scaling solution for the Shiba Inu ecosystem, relies on validator consensus to secure its bridge to Ethereum. The exploit underscores vulnerabilities in governance-token-based security models, where flash loans can temporarily concentrate power. The Layer 2 network was designed to reduce Ethereum gas fees for SHIB holders and has processed more than 110 million transactions since launch, but Friday’s attack highlights how validator manipulation remains an Achilles’ heel in proof-of-stake and DAO-governed systems. The developers said they are rotating validator keys and hardening security before restoring normal operations. According to Dhairya, the incident will delay several planned upgrades, including Shibarium’s integration with ShibaSwap V2, as resources are redirected to reinforcing bridge security.

Effective cross-border money transfers are more crucial than ever in light of the current increase in international migration because of work, business engagements, or in search for a better livelihood. Remittances (from the Latin word remittere, which means to “send back”) allow individuals who live overseas to fulfill their financial commitments to their relatives, businesses, or communities in their home country. However, there are a number of drawbacks to sending money through traditional banks, including high transaction costs, lengthy processing periods, restricted accessibility, and a lack of transparency. Key Takeaways Traditional remittances are costly, time-consuming, and not easily accessible to everyone. Crypto remittances reduce costs, speed up transfers, and run 24/7. Normal transfers become routine and guaranteed due to stablecoins. Real-time global payments at minimal cost are achievable due to the Bitcoin Lightning Network. Fraud and regulation woes remain, but solutions are emerging. How Crypto is Solving the Problem of Remittances Global remittances to low- and middle-income countries (LMICs) were estimated at $685 billion in 2024, outpacing foreign aid and often supporting essentials such as food, rent, and school fees. The typical cost to send $200 still sits around 6%–6.5%, with some regions paying even more. However, crypto is changing the narrative by making transfer through: 1. Reduced Transaction Fee By eliminating intermediaries, including corresponding banks, public blockchains replace layers of correspondent banks and closed networks with direct settlement. Therefore, crypto affords the recipient more money and the sender a lower transaction fee, since the extra charges incurred from using third-party channels are no longer required.   2. Fast transaction  This is one of the selling points of blockchain-based remittances. While it may take multiple days for conventional banks to complete a transfer, crypto ensures near-instant transactions. Transactions are clear 24 hours a day, 7 days a week, and all year round. This eradicates delays involved with physical financial institutions that operate within a particular period. 3. Increased accessibility Crypto allows anyone with a smartphone and an internet connection to initiate transactions. This offers people living in remote areas where there is no physical financial institution to be able to receive money from the comfort of their home with no hassle. 4. Better transparency and security  Unlike traditional remittances, crypto uses Blockchain technology to record transactions on a distributed ledger. This clarifies any gray area regarding extra charges or the actual fund for both the sender and recipient. It utilizes strong cryptographic security to protect funds and reduce the risk of fraud. Crypto Strategies for Remittance Stablecoins for Everyday Transfers Stablecoins such as USDC are designed to maintain a stable value, unlike volatile cryptocurrencies such as Bitcoin. They can move across public blockchains at any time, making them ideal for fast and reliable transactions. Current data shows that stablecoins now process tens of billions of dollars in on-chain activity every day. Beyond being used for trading, they are increasingly becoming a practical tool for payments, settlements, and, most importantly, remittances. Their stability makes them well-suited for families who need predictable, everyday money transfers. Instant Bitcoin Payments with Lightning Network The Bitcoin Lightning Network encourages cross-border quick payments. With Lightning-powered apps including Strike, Paxful, and SoFi, users can send value across countries in seconds. On arrival, the funds can be converted into the local currency, reducing delays and cutting out expensive intermediaries. This system is gaining traction in regions like Africa, where specialized providers are building services that make sending and receiving Bitcoin quick and affordable. How Crypto Remittance Works Sender loads a wallet with USDC (or funds a Lightning app). Transfer moves on-chain in minutes (or seconds on Lightning), with a transparent fee. Recipients either keep digital dollars, spend them via a local crypto app, or cash-outs at a participating agent or bank partner.  This workflow turns cross-border payments into near-instant domestic transfers at both ends.   Early Evidence and Scale Following independent research, stablecoins support $20–$30 billion in daily real on-chain activity. Visa’s public dashboard displays steady, around-the-clock usage, even on weekends, which is helpful for emergencies that cannot wait until the next business day. Conversely, the World Bank keeps reporting consistently high average fees in traditional corridors. This is one reason why digital platforms with lower costs are becoming more popular. For crypto-based transfers to work at scale, people need easy ways to switch between digital assets and local cash. Major remittance providers are now making this easy. Using USDC as an example, MoneyGram Wallet lets users add stablecoins and get cash at physical places that accept the service. This “crypto in, cash out” method is a game-changer for communities where families still rely heavily on cash for everyday needs. Economic Impact of Crypto Remittances The World Bank reports that remittances to LMICs increased by 3.8% to $669 billion in 2023, underscoring their significant influence of crypto transactions on the stability of the world economy. Lower fees translate into more money in the recipient’s pocket. With quick transactions, urgent needs (such as repairs or medical bills) that cannot wait days are . Holding a dollar-pegged stablecoin can help preserve value until conversion in nations with high rates of inflation. (Note: local and FX regulations remain in effect.) Challenges of Crypto Remittances FX and cash-out spreads: Even if the blockchain fee is small, local conversion rates can vary. Fraud and scams: As with any financial tool, users need basic security routine. Regulation and compliance: Authorities worry about consumer protection, AML/CFT, and macro risks. Global bodies (IMF/FSB) urge robust rules; some research warns crypto can be used to bypass FX controls. These concerns are pushing for clearer frameworks that legitimate providers follow. Bottom Line The integration of crypto for global transactions has begun to fix the limitations of traditional remittances. Transfers can clear in minutes, settle any time of day, and often cost less, while new “crypto-in/cash-out” options bridge the gap to local currency.  With stablecoins, Lightning, and stronger on/off-ramps, families can move money across borders with less friction. The transformation is already happening at scale through remittance services that combine crypto’s speed and openness with clear fees, strong compliance, and easy cash-out in local currency.    

Nick Forster, co-founder of onchain options exchange Derive, has proposed minting 500 million new DRV tokens — a 50% increase in supply — to bolster the project’s foundation and help secure institutional deals, according to a governance proposal published Friday. The plan would allocate the newly issued tokens to the Derive Foundation (formerly the Lyra Foundation), with 46% earmarked for core contributors whose allocations have largely vested. The tokens would vest over four years and could only be sold if DRV’s market capitalization exceeds $150 million, well above its current $28.5 million, according to CoinGecko data. Forster said Derive has already secured one “major partnership” to bring institutional-grade liquidity and custody services to the protocol, while advanced talks with other leading traders and liquidity providers are underway. He did not identify the partner, and Derive did not immediately respond to a request for comment. Industry sources suggest that Derive has been in discussions with custodians such as Fireblocks and Copper, both of which service large hedge funds and OTC desks entering crypto derivatives markets. “For the Foundation to close strategic deals and drive adoption, it needs a dedicated token budget at scale,” Forster wrote. The proposed allocation, he added, would help the exchange compete with Deribit, the market leader in crypto options, which was acquired by Coinbase in August for $2.9 billion. The move marks a reversal of Derive’s earlier pledge not to expand token supply. When the project rebranded from Lyra to Derive, the conversion maintained a flat supply of 1 billion tokens through a 1:1 swap. Forster estimated that under the new plan, existing holders would be diluted by at most 8.25% annually for the next four years. Token inflation remains a sensitive issue in DeFi, as projects such as Uniswap and Aave have faced community pushback over treasury allocations, raising the stakes for Derive’s governance vote. The proposal also comes after Derive abandoned a planned merger with Synthetix in May. Forster said the team has since cut ties with investors and contributors who supported the deal, which was scrapped amid concerns it undervalued the options platform. The merger plan had originally valued Derive at less than $50 million, compared with Synthetix’s fully diluted valuation of more than $1 billion, leading to strong opposition from DRV tokenholders. Launched in 2021, Derive operates as a decentralized protocol for trading crypto options onchain. The exchange is now seeking to position itself as a more institutional-grade venue, in contrast to its retail-driven roots. The platform processed roughly $300 million in cumulative options volume in 2024, according to Dune Analytics, a fraction of centralized rivals but notable for an onchain-only platform. If approved by tokenholders, the mint would take Derive’s supply to 1.5 billion DRV tokens, creating what Forster described as the resources needed to keep talent on board and secure alignment with large-scale partners. A governance vote on the proposal is expected to run for seven days, with a quorum threshold of 30 million DRV required. If passed, the new issuance would make Derive one of the largest token-funded treasuries in the DeFi derivatives space.  

YU, a Bitcoin-collateralized stablecoin issued by Yala, has failed to fully recover its $1 peg after an attempted exploit on Sunday sent its value plunging to as low as $0.2046. Yala confirmed the incident in a series of posts on X, saying it “briefly impacted YU’s peg” and that it was working with blockchain security firm SlowMist to investigate. The company stressed that no bitcoin reserves were lost, noting that funds remain “self-custodial or in vaults,” but it suspended its Convert and Bridge features as a precaution. Yala, which launched YU in early 2024 as a decentralized alternative to dollar-pegged stablecoins, had marketed the token as a safer option because of its direct BTC backing. The project raised seed funding from investors including Dragonfly Capital and received early liquidity support from Polygon Ventures. Analytics firm Lookonchain reported that the attacker minted roughly 120 million YU on Polygon, then bridged and sold 7.71 million YU for $7.7 million USDC across Ethereum and Solana. The proceeds were later converted into 1,501 ether and spread across multiple wallets. The attacker still holds tens of millions of YU across networks, Lookonchain added. Blockchain researchers noted similarities to previous “infinite mint” exploits on cross-chain bridge protocols such as Nomad in 2022, which lost $190 million, suggesting vulnerabilities in Yala’s smart contract architecture rather than its Bitcoin reserves. YU briefly bounced back to $0.917 before sliding again. By late Monday, it was trading around $0.79, according to DEX Screener, well short of its intended $1 peg. Yala did not immediately respond to a request for comment. Exchanges including Bybit and OKX temporarily disabled deposits and withdrawals of YU, citing “network instability,” further limiting arbitrage opportunities that could have helped restore the peg. Stablecoin Market Nears $300 Billion The incident comes as the global stablecoin market edges closer to a $300 billion market cap, according to data from CoinMarketCap, CoinGecko, and DefiLlama. Growth has been driven mainly by Tether’s USDT, Circle’s USDC, and Ethena Labs’ USDe, though industry players acknowledge mainstream adoption remains limited. YU, backed by overcollateralized bitcoin reserves, has a reported market cap of about $119 million but relatively shallow liquidity — only $340,000 USDC in its Ethereum pool — a factor that likely magnified its price swings during the exploit. By comparison, USDC’s largest Curve pool holds over $150 million in liquidity, underscoring how smaller projects remain vulnerable to manipulation. Analysts at Kaiko noted that YU’s trading volume spiked 500% during the exploit window, suggesting opportunistic arbitrageurs contributed to volatility. Regulators are also taking note: the European Union’s MiCA framework, set to take effect in 2025, will require stablecoin issuers to maintain full reserves and meet strict licensing conditions, while the U.S. Congress is still debating a federal stablecoin bill. Japan’s FSA recently approved yen-backed stablecoins, highlighting how global jurisdictions are moving at different speeds in regulating the space.  

Capital Group, the nearly century-old mutual fund giant long known for its conservative approach, has quietly built one of the biggest exposures to Bitcoin-linked equities on Wall Street — turning a $1 billion position into more than $6 billion. Founded in 1931, Capital Group oversees more than $2.6 trillion in assets under management, making it one of the three largest active fund managers globally alongside Fidelity and Vanguard. Historically, the firm avoided high-risk or speculative assets, which makes its large-scale exposure to Bitcoin-related companies a sharp departure from its traditional playbook. The move was spearheaded by veteran portfolio manager Mark Casey, who has spent 25 years at Capital Group. Casey told the Wall Street Journal he views Bitcoin as a commodity akin to gold or oil and called it “one of the coolest things that has ever been created by people.” Casey, who manages parts of Capital Group’s flagship American Funds series, is known for early bets on disruptive technology companies, including Amazon and Google in the 2000s, and more recently Nvidia during the AI boom. His framing of Bitcoin as a commodity reflects an emerging consensus on Wall Street following the U.S. SEC’s approval of spot Bitcoin ETFs in January 2024. Strategy at the Center The firm’s most prominent holding is in Strategy (formerly MicroStrategy), the software maker transformed by founder Michael Saylor into a de facto Bitcoin investment vehicle. Capital Group acquired a 12.3% stake in 2021 worth over $500 million. That holding, diluted to 7.89% after share issuance and some trimming, is now valued at roughly $6.2 billion after a more than 2,200% surge in Strategy’s stock over five years. MicroStrategy, now rebranded as “Strategy,” has shifted away from its legacy business software sales, deriving the bulk of its market value from its 636,505 BTC holdings — currently worth more than $70 billion. Its aggressive accumulation strategy, fueled by convertible bond offerings, has made it the single largest corporate holder of Bitcoin worldwide. Capital Group has also accumulated positions in other so-called Bitcoin treasury firms — publicly traded companies that buy and hold Bitcoin as part of their balance sheet strategy. These include a 5% stake in Japan’s Metaplanet, a hotel operator-turned-Bitcoin acquirer, and shares in miner Mara Holdings. Metaplanet, often referred to as “Japan’s MicroStrategy,” pivoted in 2023 to Bitcoin accumulation as the Japanese yen slid to a 34-year low against the U.S. dollar. Meanwhile, Mara Holdings (formerly Marathon Digital) is one of the largest publicly traded Bitcoin miners in the U.S., operating over 250,000 mining rigs with a hash rate capacity above 30 EH/s as of mid-2025. According to BitcoinTreasuries.NET, corporate treasuries collectively hold over 1 million BTC, worth more than $117 billion. Strategy remains the largest with 636,505 BTC, followed by Mara with more than 52,000 BTC. To put this in perspective, these corporate holdings account for nearly 5% of Bitcoin’s circulating supply of roughly 19.7 million BTC, concentrating ownership among a handful of listed firms. Other newcomers such as XXI and Bitcoin Standard Treasury are rapidly adding to their holdings, while firms including Coinbase, Metaplanet and Bullish round out the top ranks. Looking ahead, Metaplanet has set a target of acquiring 210,000 BTC by 2027, with U.S.-listed Semler Scientific aiming for 105,000 BTC in the same period. If achieved, these targets would make both companies among the five largest corporate Bitcoin holders globally, rivaling even El Salvador’s national Bitcoin reserves, which currently stand at just under 6,000 BTC. For Capital Group, the outsized gains reflects how exposure to Bitcoin through listed companies has evolved from a fringe bet into a high-conviction allocation — and a surprising one for a 94-year-old fund house still widely seen as a bastion of traditional investing. The firm’s success with Strategy has already influenced peer institutions: BlackRock, Fidelity, and Invesco have also increased allocations to Bitcoin-related equities in parallel with the record $60+ billion in inflows to U.S. spot Bitcoin ETFs this year. Analysts note that Capital’s pivot may mark the mainstreaming of Bitcoin exposure in blue-chip mutual fund portfolios.

Daily revenue for Tron’s block producers has plunged following a recent network fee reduction, according to a report from blockchain analytics firm CryptoQuant. Data shows that total daily fees collected by Tron’s Super Representatives — the entities responsible for validating transactions — fell to $5 million on Sept. 7, the lowest in over a year. That marks a 64% slide in just 10 days, down from $13.9 million the day before the change took effect. For comparison, Tron’s daily fee revenue averaged between $10 million and $15 million throughout most of 2024, making the September decline one of the sharpest drops since the network’s launch in 2018. The drop stems from Proposal #789, which lowered the energy unit price on the network from 210 sun to 100 sun. Gas fees on Tron — transaction costs denominated in its smallest unit, sun — have fallen by about 60% since the adjustment went live on Aug. 29. At current exchange rates, 100 sun equals 0.000001 TRX, and with TRX trading at around $0.12, the effective cost of a standard transaction is now less than a cent. That makes Tron significantly cheaper than Ethereum, where average transaction fees have ranged from $1 to $20 depending on network congestion. Balancing growth and revenue Community member GrothenDI, who submitted the proposal, argued the cut would make Tron more attractive to users and “ensure the sustainable and healthy development of the Tron ecosystem.” The backer estimated the move could unlock an additional 12 million transactions. One TRX equals one million sun. Tron already processes more than 4.5 million daily transactions on average, according to Tronscan, compared with Ethereum’s roughly 1 million. If GrothenDI’s projection holds, Tron’s throughput could rise by more than 250% from its current baseline. Despite the steep revenue decline, Tron continues to dominate transaction-based income among major layer-1 blockchains. Over the past 90 days, the network generated $1.1 billion in fees, capturing 92.8% of total L1 revenue, Token Terminal data shows. That puts it ahead of Ethereum, Solana, BNB Chain and Avalanche, even as its Super Representatives absorb lower earnings. USDT, the world’s largest stablecoin, plays a central role in Tron’s fee dominance: more than 50% of Tether’s $118 billion supply circulates on Tron, driving constant demand for low-cost transfers. This makes Tron the primary settlement layer for stablecoins, especially in Asia and emerging markets where remittance costs are highly sensitive. Ethereum remains the long-term leader, having generated $13 billion in fee revenue over the past five years, compared with $6.3 billion for Tron. Solana, by contrast, generated only $1.1 billion over the same period, highlighting the scale gap between Tron/Ethereum and newer competitors. The latest changes reflect an ongoing balancing act in blockchain design: lower fees can attract users and boost transaction volumes, but they also reduce validator income — a trade-off playing out in real time on Tron. Some analysts warn that prolonged revenue compression could affect Super Representatives’ incentives, potentially leading to centralization risks if smaller operators exit. Others argue that higher transaction throughput could offset revenue losses over time, particularly if Tron consolidates its role as the dominant stablecoin rail.

What WisdomTree Announced WisdomTree, a global asset manager, has launched its Private Credit and Alternative Income Digital Fund (CRDT), a tokenized private credit vehicle. Announced Friday, CRDT is designed to open access to an asset class typically reserved for institutions, giving both retail and institutional investors exposure to private credit, REIT loans, and business development corporation debt.The move comes as asset managers accelerate their push into tokenized real-world assets (RWAs). By tokenizing ownership rights on blockchain infrastructure, funds like CRDT promise greater liquidity, transparency, and accessibility for traditionally illiquid asset classes. Investor Takeaway CRDT lowers barriers to private credit investing, a space historically limited to institutions. If adoption grows, tokenized RWAs could reshape how alternative income strategies are packaged and distributed. Why Tokenized Credit Is Gaining Traction According to RWA.xyz, tokenized private credit instruments now account for more than $16.7 billion in value, up steadily since 2021. Investors are drawn to tokenization because it enables fractional ownership, faster settlement, and new use cases in decentralized finance (DeFi). Tokenized funds of all types—from U.S. Treasury funds and money market instruments to private equity vehicles—have been expanding as the legacy financial system experiments with onchain integration. WisdomTree’s CRDT adds momentum to a growing trend that is pulling traditional financial products into blockchain environments, a shift that could make illiquid credit products tradable on a 24/7 global basis. How the Competition Is Expanding WisdomTree’s entry follows high-profile moves by global financial institutions. In July, Goldman Sachs and BNY Mellon offered tokenized money market funds to institutional clients. In August, State Street became the first custodian for JPMorgan’s tokenized debt platform, executing its debut with a $100 million commercial debt transaction from Oversea-Chinese Banking Corporation (OCBC). Other initiatives include Chainlink, UBS, and DigiFT piloting tokenized fund settlement in Hong Kong, while BlackRock, with $12.5 trillion in assets under management, is reportedly exploring tokenized exchange-traded vehicles. The momentum underscores a broad race among major players to prove that tokenized funds can unlock new efficiencies and attract institutional capital. Investor Takeaway With Goldman, State Street, and BlackRock already testing tokenized products, WisdomTree’s CRDT positions it in a competitive field where scale and regulatory clarity will define winners. What’s Next for Tokenized Funds Tokenizing private credit could accelerate institutional adoption of blockchain in traditional finance. By expanding eligibility to retail investors, WisdomTree is betting on demand for alternative yield strategies amid a low-rate environment and the search for diversification. The broader impact could be significant. If tokenized ETFs and credit funds achieve scale, they may serve as collateral in DeFi ecosystems, further bridging traditional and decentralized finance. For now, CRDT’s success will depend on investor appetite, liquidity in secondary markets, and regulators’ willingness to endorse tokenized credit structures.

How Gemini Performed on Opening Day Gemini Space Station (GEMI), the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, surged in its Nasdaq debut on Friday. Shares priced at $28 climbed as high as $40 before settling near $35, up 24% on the day and giving the company a market capitalization of about $1.3 billion, according to Yahoo Finance data. The company raised $425 million by selling 15.2 million shares, CNBC reported. Demand exceeded expectations, with pricing not only above the initial $17–$19 range but also surpassing a later upwardly revised $24–$26 range. The offering was capped amid heavy oversubscription, reflecting strong institutional interest. Investor Takeaway Gemini’s IPO success signals renewed institutional appetite for regulated crypto exchanges, even as its market share lags larger rivals like Coinbase. Why This IPO Matters for Crypto Equities The debut marks Gemini as one of the few U.S.-based crypto exchanges trading publicly, alongside Coinbase and Bullish. While not among the largest by daily volume, Gemini has built its reputation on security and regulatory compliance. That positioning resonated with investors, especially as U.S. regulators approve more crypto-linked products and institutional adoption accelerates. Trading volumes on Gemini rose in the days leading up to the listing, according to CoinMarketCap, as retail and institutional traders anticipated its market debut. The successful pricing and strong aftermarket performance reinforce the narrative that crypto equities are regaining momentum in 2025. How Gemini Fits Into the IPO Wave Gemini’s IPO comes amid a broader rush of crypto-linked companies to go public. Stablecoin issuer Circle (CRCL) saw its shares more than double since its own debut, climbing from $31 to above $60 and securing a market cap above $33 billion. Circle’s strong performance has set a bullish tone for other entrants. Blockchain lender Figure Technology Solutions (FIGR) also priced strongly, with shares rising 24% on debut Thursday and extending gains into Friday. Meanwhile, Mega Matrix (MPU), though not an IPO, has surged more than 150% in six months after pivoting into stablecoins and unveiling a $2 billion shelf registration to back Ethena-related investments. Investor Takeaway Gemini’s listing joins Circle and Figure in fueling a new cycle of crypto IPO enthusiasm, with investors betting compliance-focused firms will thrive under clearer regulations. What’s Next for GEMI? Gemini’s future as a public company will depend on its ability to scale volumes and differentiate against larger rivals. Institutional partnerships, expansion of custody and staking services, and further integration with regulated financial products could all boost its competitive position. At the same time, its valuation remains modest compared with Circle’s or Coinbase’s, leaving room for upside if the exchange grows market share. For investors, the IPO adds another compliance-forward crypto equity to the mix, giving public market exposure to a platform closely associated with the Winklevoss twins and U.S. regulation. As 2025 unfolds, GEMI’s performance will be an indicator of how sustainable the crypto IPO wave really is.

What Coinbase Is Demanding Coinbase has asked a federal court to order an expedited search of deleted text messages from former SEC Chair Gary Gensler, after the Office of Inspector General (OIG) confirmed that the agency erased nearly a year of his communications. The filing, made Thursday, comes amid Coinbase’s ongoing legal battle with the SEC, which sued the exchange in June 2023 for allegedly operating as an unregistered securities broker and exchange.Coinbase Chief Legal Officer Paul Grewal said the erasures amounted to a “gross violation of public trust,” emphasizing that FOIA (Freedom of Information Act) rules require federal agencies to retain and disclose relevant records. “The Gensler SEC destroyed documents they were required to preserve and produce. We now have proof from the SEC’s own Inspector General,” Grewal said in a post on X. Investor Takeaway Coinbase’s motion could put the SEC on the defensive. If a court finds intentional evidence destruction, sanctions could tilt the legal battle in favor of crypto firms. What the Inspector General Found The OIG report, dated Sept. 3, revealed that the SEC excluded officials’ text messages from FOIA processing and permanently deleted Gensler’s texts from October 2022 through September 2023. The agency’s IT staff performed a factory reset on his smartphone, erasing all records without implementing proper backups. That timeline coincides with critical industry events, including the collapse of FTX in November 2022 and a surge of SEC enforcement actions against crypto exchanges such as Binance, Kraken, Gemini, and Coinbase itself. The deletion has drawn scrutiny from lawmakers, with the House Financial Services Committee signaling it may launch its own probe into the SEC’s recordkeeping practices. Why the Deleted Messages Matter Coinbase has long accused the SEC of pursuing “regulation by enforcement” rather than clear rulemaking. Grewal stressed that Coinbase had already requested “all communications” related to crypto enforcement years ago, yet the SEC failed to preserve or produce them. The deleted texts could have included discussions on enforcement priorities during a pivotal moment for the crypto industry. Legal experts say if a court rules the SEC engaged in spoliation of evidence, penalties could range from sanctions to adverse inference instructions, where juries are told to assume deleted records were unfavorable to the SEC. Such an outcome would strengthen Coinbase’s defense and potentially reshape the ongoing case, which is seen as a landmark for U.S. crypto regulation. Investor Takeaway The erased texts coincide with FTX’s collapse and aggressive SEC actions. Any sanction could erode trust in the regulator and embolden industry challenges to SEC authority. What’s Next in the Case Coinbase’s request for expedited discovery and sanctions puts pressure on the SEC as the case advances. The court will now determine whether the deletions violated FOIA obligations and if corrective measures are warranted. Meanwhile, lawmakers are expected to use the findings to intensify calls for oversight of the SEC’s handling of crypto regulation under Gensler’s leadership. For Coinbase, success in this motion would mark a rare instance of turning regulatory pressure back onto the agency, potentially shifting momentum in one of the most closely watched cases for the future of U.S. digital asset markets.

Browsing the web as a crypto user in 2025 means juggling convenience, privacy, and security. Browser vulnerabilities, malicious browser extensions, and phishing dApps remain top attack vectors for stolen keys and drained wallets, but modern browsers have also adapted, adding native wallets, Web3 features, and privacy-first controls that make self-custody safer.  Below is a practical, user-first guide to the most secure browsers for crypto users in 2025, how they protect you, and which trade-offs to expect. What “Secure” Means For Crypto Users For crypto holders, a “secure” browser does three things well: it reduces exposure to web-based attacks that steal private keys, it isolates or removes risky third-party code (malicious extensions, injected scripts), and it provides safe, built-in tooling to interact with Web3 (wallets, dApp connections, transaction previews).  Security also includes ongoing patching, transparency about wallet custody (built-in vs. extension), and features that limit accidental approvals, for example, address-validation checks, permission scoping, and warning layers before signing transactions. These properties are what separate an ordinary browser from one fit for active crypto use.  Brave Brave has become one of the default recommendations for crypto users because it combines strong privacy protections with a first-class, built-in wallet experience. Brave’s native wallet reduces reliance on third-party browser extensions (a common attack surface) by offering a browser-integrated, self-custody wallet that supports multiple chains.  The wallet integrates with Brave’s privacy model, which blocks trackers and script injections by default, and the team publishes docs explaining how the wallet handles keys locally rather than on remote servers.  For users who want a balance of mainstream browsing performance and Web3 safety, Brave’s approach of having less reliance on extensions, default blocking of trackers, and a wallet that lives inside the browser is a major plus. Set Brave to block third-party cookies and enable site isolation features, then use Brave Wallet for everyday dApp interactions instead of a separate extension like MetaMask when possible. That reduces extension-supply-chain risk. Opera Crypto Browser    Opera has been experimenting with Web3 for years and now offers a dedicated Crypto Browser that pulls several safety tricks together: a built-in non-custodial wallet, Web3 Guard (which checks for malicious recipient addresses), and integrated features for decentralized names and dApp access.  Opera’s team has also introduced UI-level checks to warn users about suspicious contract interactions, a helpful guardrail for people who are new to signing transactions. By baking wallet and Web3 protections into the browser, Opera reduces the number of moving parts users must trust.  Tor Browser  The Tor Browser offers strong anonymity by routing traffic through the Tor network, which can help hide on-chain linking when researching or accessing sensitive resources. However, Tor’s strengths are also its limits for crypto users: many centralized services throttle Tor exit nodes, and certain dApps or wallet providers may block Tor connections.  Worse, using Tor does not protect against browser-level phishing or malicious dApp contracts that request signatures. For privacy-minded research, Tor is excellent; for signing transactions, it’s better to combine Tor-based browsing with a separate, non-Tor signing environment, ideally a hardware wallet. Use Tor for privacy research and leak mitigation, not as a one-stop crypto wallet solution.  Specialist Web3 Browsers & DApp browsers (Puma, Aurox, Osiris) A new crop of Web3-focused browsers has emerged by 2025, targeting power users: lightweight DApp browsers and crypto tool browsers such as Puma, Aurox, and Osiris. These projects prioritize on-chain integrations, safer transaction previews, and tighter permission controls.  Their audiences tend to be traders and builders who need specialized features, for instance, transaction simulation, built-in portfolio views, or dev tools for connecting to L2s. At the same time, promising, smaller browsers carry start-up risk: fewer audits, less community scrutiny, and sometimes faster feature churn. If you try one, do so cautiously and avoid migrating large balances into a new browser until it proves stable. Extension Hygiene: The Weakest Link for Many Crypto Users Across any browser, the single largest risk factor remains extensions. Malicious or compromised extensions can scan memory, read pages, or access browser debugging ports to siphon keys. Security reports in 2024–25 highlight attacks that target wallet extensions directly, or use phishing overlays to mimic wallet dialogs.  The best mitigation is disciplined extension hygiene: install only verified, widely audited wallet connectors, keep extensions minimal, and periodically audit installed plugins. When in doubt, use a browser profile dedicated solely to crypto activity with only essential extensions installed.  The Importance of Hardware Wallets, Transaction Simulations, and Multisig Tools in Browsers No browser replaces the security of a hardware wallet. Pairing devices like Ledger or Trezor with your browser adds a physical confirmation step that drastically reduces the chance of remote key theft.  Additionally, transaction simulation tools and multisig setups create extra safety layers: simulations show what a contract will do before you sign, and multisig requires multiple approvals for high-value moves.  Use browsers that support hardware wallet integrations and offer clear transaction previews. These features are the difference between recovering from a phishing attempt and suffering an irreversible loss. Practical Configuration Checklist for Crypto-safe Browsing Use a browser with built-in wallet options or minimize extension use (Brave or Opera are good defaults). Run a dedicated browser profile for crypto activity and keep general browsing separate. Always pair with a hardware wallet for large transactions; never paste seed phrases into a browser. Keep the browser and wallet software up to date; subscribe to security advisories from wallet providers. Use transaction simulation and verify destination addresses externally before signing. Test new browsers or features with small amounts first.  Securing Your Crypto Journey Online In 2025, the best strategy for crypto users is layered security. Start with a secure browser that fits your workflow, minimize extension exposure, use hardware wallets for signing, and apply operational separation (profiles, VMs, or dedicated devices). No single browser is a magic bullet, but by combining browser choice, disciplined habits, and proven hardware safeguards, you dramatically reduce your risk of losing funds to the web’s most common attack vectors.

Cryptocurrency storage isn’t what it used to be, as many investors now prefer to use hardware wallets to keep their digital assets safe. A hardware wallet stores your private keys offline, making it difficult for hackers or third parties to gain access. The caveat is that where you buy your hardware wallet is as important as using one.  With many e-commerce platforms available, and Amazon and eBay being the popular ones, you can buy a hardware wallet. However, not everyone trusts these marketplaces because crypto security is a sensitive issue. After reading this post, you’ll know if it’s safe to buy a hardware wallet from eBay or Amazon, and the best practices for making a secure purchase. Key takeaways Hardware wallets offer strong protection by storing your crypto keys offline, but their safety depends on where you buy from. Counterfeit wallets are risky because they might look real, yet can expose your private keys. The safest way to buy is from the manufacturer’s website or verified resellers recommended by the brand. Avoid shortcuts that could cost you your entire crypto balance.  What is a hardware wallet and why is security important? A hardware wallet is a physical tool that stores the private keys that give access to your cryptocurrency. Unlike mobile or online wallets, it secures your keys offline, making it less prone to malware, phishing attacks, and hacking. When a transaction is made, the wallet signs it securely inside the device, ensuring your private keys aren’t exposed.  Security is vital in crypto because it is challenging to recover your money when it is stolen. Unlike traditional banks, where you can message the support team or use the “forgot password” button, there’s no third party to help you recover your funds. Hence, many crypto users prefer to use hardware wallets because they offer stronger protection than exchange accounts or phone apps.  However, if you buy a wallet that is fake or has been tampered with, your crypto funds could be at risk from day one. Risks of getting hardware wallets from Amazon or eBay Buying a hardware wallet from these platforms might be convenient, but there are real hazards to think about.  1. Tampered or altered devices If your hardware wallet is in an adulterated state, you could lose your crypto. A hacker could change the firmware or install software inside the device. Therefore, when you set it up and store your crypto, the wallet could duplicate your private keys and send them to the scammer. You might not even know your funds were at risk until it’s too late.  2. Fake products There are many counterfeit hardware wallets on the market, especially on platforms with several sellers. These fake items are designed to look like the authentic ones, with the same logo, packaging, and structure.  However, they’re not safe on the inside. Some may not work at all, while others may be designed to deceive you into thinking you’re safe.  3. Dishonest sellers Not every listing on Amazon comes from the official wallet company. Some may be from unauthorized third-party sellers. While Amazon has rules and customer reviews, it doesn’t always catch untrustworthy sellers immediately. The risk might be higher on eBay because most items are sold by individuals. The sellers could offer fake or used wallets, and when you buy them, you cannot return or fix them if things go wrong.  4. Limited or no warranty If you don’t buy from an authorized reseller or official store, the manufacturer may not support you. Hence, if your wallet is faulty, you can’t get help because there’s no warranty or customer service. If you lose access to your device and are unable to get help, it might cost you more than what you saved buying from an unverified source. Best practices for buying a hardware wallet Your security in cryptocurrency is as strong as the tools you use. A hardware wallet is one of the ideal ways to protect your funds, only if it’s from a safe source. Here are some essential tips to note before buying. 1. Buy directly from the manufacturer’s official website One of the safest places to purchase a hardware wallet is from the company’s website. When you buy directly, you reduce the chance of purchasing a tampered or fake product. Also, you’ll enjoy customer service, complete warranty protection, and the most recent updates. Since many brands ship worldwide, you’ll get it delivered to your nearest location. However, it might be more expensive or take longer to arrive.  2. Use the official brand store on Amazon While Amazon is convenient, it can be risky because of third-party sellers. If you want to buy from Amazon, ensure the listing clearly states “Sold by (Brand Name) and Fulfilled by Amazon.” This listing means that the wallet is from the official manufacturer’s inventory and not a random seller. Also, don’t jump on listings with unusually low prices or sellers with no history. When a hardware wallet is too cheap, it often means it is unsafe. 3. Avoid second-hand or used wallets Don’t buy a wallet that someone has used before. A second-hand wallet may have a recovery phase set up by the seller. Therefore, if you fund the wallet, the seller can use the recovery phase to steal your crypto. An authentic hardware wallet should be new and sealed in a box. 4. Buy from authorized resellers If it is impossible to buy from manufacturers in your country, check the official website for a list of reputable resellers. The stores are recognized by the brand and sell authentic products. Don’t patronize unofficial online stores or random social media ads offering wallets at a discount. Scammers use these channels to target unsuspecting buyers. Conclusion – Protecting your crypto starts with a safe purchase Buying from platforms like Amazon or eBay might look easy, but the risks of fake or tampered wallets can put your crypto funds in danger. However, they can be safe if the seller is the official brand. For peace of mind, a secure option is to buy from the manufacturer’s website or their recommended authorized resellers.   

What Researchers Found A newly discovered malware dubbed ModStealer is targeting cryptocurrency users across macOS, Windows, and Linux, according to security firm Mosyle. The malware went undetected by major antivirus tools for almost a month after being uploaded to VirusTotal, highlighting gaps in signature-based protection. Mosyle said ModStealer is engineered to steal private keys, certificates, credential files, and browser wallet data. Pre-loaded code specifically targets 56 wallet extensions across Safari and Chromium browsers. On macOS, the malware persists by exploiting Apple’s launchctl tool, registering as a background LaunchAgent to quietly exfiltrate data to a remote server. The server infrastructure was traced to Finland but appeared routed through Germany to obscure its operators. Investor Takeaway Cross-platform malware like ModStealer raises the stakes for crypto users, as even trusted environments such as macOS are no longer safe. Hardware wallets and strict isolation are critical defenses. How ModStealer Spreads The malware is being distributed through fake job recruitment ads targeting developers, echoing a broader trend of social engineering campaigns against Web3 workers. Once installed, ModStealer embeds itself, captures clipboard data, takes screenshots, and executes remote commands—effectively granting attackers full control of compromised devices. Stephen Ajayi of security firm Hacken told Cointelegraph that malicious “test tasks” are now a common delivery vector. He urged developers to validate recruiters, only accept assignments via public repositories, and open files exclusively in disposable virtual machines with no wallets or sensitive credentials present. “A clear separation between the development environment ‘dev box’ and wallet environment ‘wallet box’ is essential,” Ajayi said, stressing compartmentalization as a defensive layer. Best Practices for Crypto Users Ajayi emphasized hardware wallets as a primary safeguard, urging users to confirm transaction addresses directly on device displays before signing. He also recommended maintaining a dedicated browser profile or separate device for wallet activity, ensuring interaction only with trusted extensions. Other protections include offline storage of seed phrases, enabling multifactor authentication, and adopting FIDO2 passkeys where available. Endpoint hardening and continuous monitoring, Mosyle added, are crucial as malware-as-a-service models proliferate. Investor Takeaway For developers and users alike, ModStealer shows that phishing and fake job ads are now among the most dangerous vectors in crypto security. Vigilance is as important as technology. Context: Rising Wave of Crypto Malware ModStealer’s discovery follows a string of high-profile exploits. Just last week, Ledger CTO Charles Guillemet warned users to halt onchain transactions amid a Node Package Manager (NPM) supply chain attack. Although that incident was contained quickly—with only about $1,000 stolen—the scale of risk was enormous, as spoofed packages had billions of downloads. Security researchers also flagged a ReversingLabs report showing threat actors embedding malicious instructions in Ethereum smart contracts linked to NPM packages. Together, these incidents highlight how attackers are increasingly targeting the developer supply chain as a gateway into crypto ecosystems. With ModStealer now circulating undetected for weeks, experts warn that behavioral detection and zero-trust practices must replace reliance on outdated antivirus signatures. As malware evolves into a service-based industry, the crypto sector faces a heightened arms race in security.  

FTX Steps Up Monthly Solana Redemptions The bankrupt estate of FTX and its trading arm Alameda Research has pulled another 192,000 Solana (SOL) from staking, valued at about $44.9 million, according to blockchain analytics provider EmberCN. The redemption, executed Thursday, continues a monthly schedule of asset liquidations designed to raise funds for creditor repayments. Since November 2023, the estate has redeemed and transferred nearly 9 million SOL, worth roughly $1.2 billion at an average price of $134. FTX originally accumulated more than 55 million SOL between 2020 and 2022 through early investments in the ecosystem, holdings once valued at over $16 billion during Solana’s November 2021 peak. Investor Takeaway Despite consistent liquidations, FTX still controls nearly $1B in Solana. Continued sales may pressure supply, but strong DeFi activity has supported prices so far. How Much FTX Still Holds Even after the latest unstaking, the estate’s address retains 4.18 million SOL, valued at around $977 million, according to Solscan. Broader court filings show the estate still controls over $14 billion in total assets, including tokens, cash, and more than 400 equity stakes in private firms. The liquidations are part of preparations for the next creditor distribution scheduled for Sept. 30. FTX has already returned $6.2 billion across two repayment tranches this year — $1.2 billion in February and $5 billion in May. With approved creditor claims totaling $11.2 billion, the estate has now repaid more than half of customer balances. A structured repayment plan approved by the Delaware bankruptcy court runs through 2026. Impact on Solana and the Market Solana’s price rose despite the withdrawals, climbing 4.3% to $234.27 over the past 24 hours, according to The Block. The token is up more than 14% this week and has gained over 180% year-to-date in 2025, making it one of the top-performing large-cap cryptocurrencies. Solana continues to benefit from surging activity in DeFi and meme coin trading, with daily transactions exceeding 30 million — far above Ethereum — according to Artemis data. Market watchers say that while the estate’s steady sales create short-term supply pressures, Solana’s broader ecosystem growth has offset these concerns, keeping momentum strong among retail and institutional participants alike. Investor Takeaway Solana’s rally suggests traders are looking past FTX’s liquidations, focusing instead on rising network usage and sustained DeFi growth as long-term value drivers. Looking Ahead FTX’s estate continues to manage one of the largest wind-downs in crypto history. The exchange collapsed in November 2022, leaving an estimated 9 million customers without access to funds. Founder Sam Bankman-Fried was sentenced to 25 years in prison in March 2024, while restructuring chief John J. Ray III has overseen asset recovery and liquidation efforts. With billions in repayments still pending, the pace of asset sales will remain a focal point for both creditors and crypto markets. For now, Solana’s resilience in the face of steady supply suggests strong underlying demand, though further large redemptions could test sentiment as the estate progresses toward its 2026 repayment deadline.

How to Land a Job in Crypto | Step-by-Step Guide The crypto industry has expanded rapidly over the past few years, creating thousands of opportunities for people with both technical and non-technical skills. Opportunities keep expanding, with roles ranging from blockchain development to content creation in crypto. But how exactly can you land a job in crypto and stand out in such a competitive space? This guide will walk you step by step through how to land a job in crypto, the skills you need, where to look for openings, and practical tips to get hired. Key Takeaways • Crypto jobs span technical roles like blockchain development and non-technical ones like marketing, writing, and community management. • Building a strong personal brand, portfolio, and network can set you apart in the competitive Web3 space. • Top platforms for finding crypto careers include CryptoJobs, Web3.career, and LinkedIn. • Many opportunities are remote crypto jobs, giving you flexibility to work from anywhere. • Staying updated on industry trends helps you align with what employers are looking for. The Benefits of a Career in Crypto Landing a job in crypto offers more than just a paycheck. You become part of a movement reshaping the future of finance, technology, and the internet. One of the biggest reasons to consider a career in crypto is the high demand for talent. The industry is creating opportunities not just for developers, but also for creatives, strategists, and business minds. Another advantage is the rise of global and remote crypto jobs, giving you the flexibility to work from anywhere in the world. Beyond that, crypto careers are innovation-driven, allowing you to be part of groundbreaking projects that are shaping the next era of the web, known as Web3. How to Land a Crypto Job in 6 Simple Steps Step 1: Identify Your Skills You don’t need to be a programmer to land a job in crypto. The industry offers opportunities for both technical and non-technical professionals. On the technical side, roles include blockchain developers, smart contract engineers, and security analysts. For non-technical paths, careers such as content writing, community management, project coordination, and marketing are in high demand. The key is to recognize your strengths and align them with the roles that best fit your abilities.   Step 2: Build a Portfolio A strong portfolio shows employers what you can actually do. For developers, this might mean sharing projects on GitHub or contributing to open-source smart contracts. Writers can publish crypto-related articles on platforms like Medium while designers can highlight their NFT artwork, Web3 user interfaces, or branding projects. Whatever your path, your portfolio should reflect your skills and prove that you’re serious about building a long-term career in crypto.   Step 3: Network in the Web3 Space The crypto world thrives on community, and networking often opens doors to opportunities that never make it to job boards. Getting involved in Discord servers and Telegram groups for crypto projects can connect you directly with teams and insiders. Joining Twitter/X Spaces focused on blockchain discussions is another way to stay visible and learn from industry leaders. You can also participate in hackathons and virtual events, where many professionals meet collaborators or even future employers. In fact, a large share of crypto jobs are filled through word of mouth and personal connections.   Step 4: Search Crypto Job Boards There are several platforms where you can find jobs in crypto, including CryptoJobs, Web3.career, and the crypto section of Remote OK for remote opportunities. LinkedIn is also becoming a major hub for blockchain and crypto hiring, giving you the chance not only to apply directly but also to build your professional presence and connect with industry recruiters. Since the best roles often disappear quickly, make it a habit to check these platforms regularly and apply as soon as you find a match.   Step 5: Stay Updated on Industry Trends Employers in the crypto space value candidates who can keep up with its constantly evolving ecosystem. To stand out, make continuous learning part of your routine. Follow respected crypto newsletters and blogs to stay informed, track emerging trends like DeFi, NFTs, DAOs, and the metaverse, and build a solid foundation by understanding the basics of Ethereum, Bitcoin, and blockchain technology.   Step 6: Apply Smartly When applying for crypto jobs, make every submission count. Highlight the skills and projects most relevant to the role, and use industry-specific terms like DeFi, smart contracts, and Web3 to show you understand the space. Most importantly, let your passion for crypto shine through as employers notice when you’re genuinely invested in the industry and not just in it for a paycheck.   Bottom Line The crypto industry is full of opportunities for anyone willing to learn, adapt, and put themselves out there. It doesn’t matter if your goal is to become a blockchain developer, crypto content writer, or Web3 designer, these steps will guide you on how to land a job in crypto. By building your portfolio, networking, applying strategically, and staying updated, you can turn your skills into a rewarding crypto career.