SharpLink transfers $379 million in stablecoins to Galaxy Digital wallet
According to Embers, SharpLink Gaming received $379 million in stablecoins in the past 45 minutes and has transferred them to Galaxy Digital's OTC wallet. SharpLink may continue to purchase ETH through Galaxy Digital. SharpLink did not previously announce its ETH purchases last week.
Sharps Technology and Pudgy Penguins Enter into a Strategic Partnership for Solana Assets
According to PR Newswire, Sharps Technology announced a strategic partnership with Web3 brand Pudgy Penguins to jointly promote the exposure and connectivity of the Solana digital asset library. Sharps Technology recently acquired over 2 million SOL through PIPE financing, valued at over $400 million. After the partnership, Pudgy Penguins' IP will be deeply integrated with Sharps' Solana asset library, providing new participation opportunities for institutional and retail users.
Hong Kong Monetary Authority plans to optimize capital regulation of crypto assets
According to Caixin, the Hong Kong Monetary Authority released a draft of the new module CRP-1 "Classification of Crypto Assets" of the "Banking Regulatory Policy Manual" to the local banking industry on September 8 for public comment, intending to further clarify the Basel crypto asset capital regulatory standards to be implemented in early 2026, with a focus on reducing the capital requirements for banks holding compliant, unlicensed blockchain crypto assets to promote banks' acceptance of digital assets such as stablecoins.
Ethena Custody Wallet Transfers 246 Million ENA to Coinbase Prime in the Last 8 Hours
According to Embers, in the past eight hours, Ethena custodial wallets transferred 246 million ENA, worth approximately $196 million, to Coinbase Prime.
According to Ember's monitoring, the Pengu project transferred over 171.6 million Pengu (approximately $6 million) from its token deployment address to Binance and Bybit over the past day. Each transfer was worth approximately $3 million, distributed across multiple centralized exchanges. Since July 12th, the project has transferred a total of 2.6 billion Pengu (approximately $72.86 million) to CEXs.
Gemini announces 30% of IPO shares will be allocated to retail investors
According to Bloomberg, Gemini Space Station Inc. announced that it will allocate up to 30% of its initial public offering (IPO) to retail investors through online brokerage platforms such as Robinhood, Moomoo, and Webull. These investors must agree to a lock-up clause for the first month. The company also raised the IPO price range from $17-19 to $24-26 and brought in Nasdaq as a $50 million private placement investor. Previously, Bullish had allocated only 20% of its shares to individual investors. Gemini's move is intended to attract cryptocurrency users, despite the company's current losses and limited market share.
South Korea to lift ban on VC investment in crypto companies on September 16
According to Cryptonews, South Korea's Ministry of SMEs and Startups announced that it will officially lift its ban on venture capital (VC) for crypto-related companies on September 16th. The ban, in place since 2018, aims to curb excessive speculation. The revision removes crypto trading and brokerage firms from the list of "restricted venture companies," allowing them to apply for VC funding.
Bitmine receives 46,255 ETH from Bitgo, bringing its total holdings to over $9.2 billion
According to Onchain Lens, Bitmine received 46,255 ETH from Bitgo, worth approximately $201 million at current market value. This transfer brings Bitmine's total ETH holdings to 2,126,018, with a total value of approximately $9.24 billion.
According to Dune data, the total amount of Linea airdropped this round was approximately 9.36 billion tokens, with 749,663 eligible addresses. Of these, 208 addresses received over 1 million LINEA tokens, with the highest amount allocated to address 0x399c…6e97a, which received 137,403,894 tokens. The remaining addresses received: 2,347 addresses received between 100,000 and 1 million LINEA tokens, 27,442 addresses received between 50,000 and 100,000 LINEA tokens, 155,962 addresses received between 10,000 and 50,000 LINEA tokens, 107,844 addresses received between 5,000 and 10,000 LINEA tokens, 337,501 addresses received between 1,000 and 5,000 LINEA tokens, and 118,359 addresses received less than 1,000 LINEA tokens.
Coinbase to Launch Solayer (LAYER) Spot Trading
According to Coinbase Markets, Solayer (LAYER) spot trading will launch on September 11th. The LAYER-USD trading pair will be available on or after 9 AM PT, subject to liquidity conditions being met, in all supported regions. LAYER will be available on coinbase.com, the Coinbase App, and Coinbase Advanced, with institutional users able to access it directly through Coinbase Exchange.
VanEck Plans to File for Hyperliquid Spot-Staking ETF
According to Blockworks, VanEck plans to file for a Hyperliquid spot-collateralized ETF in the US and launch related trading products in Europe. Hyperliquid, a Layer-1 blockchain set to launch in 2023, recently ranked first in network revenue for four consecutive weeks. VanEck stated that net profits from the product may be partially used to repurchase HYPE tokens, which are currently not listed on major US exchanges. The ETF and ETP products still require regulatory approval.
Coinbase to List KMNO and DOLO
According to an official announcement, Coinbase announced that it will launch spot trading of Kamino (KMNO) and Dolomite (DOLO) on September 11, 2025. The KMNO-USD and DOLO-USD trading pairs will be available on or after 9:00 AM Pacific Time in regions where liquidity conditions are met and trading is supported.
Linea opened a 90-day claim window in the TGE, airdropping over 9.36 billion LINEA tokens
According to The Block, Linea, the Ethereum Layer 2 network built by Consensys, opened its native asset, LINEA, for claiming via a token generation event (TGE) on Wednesday, with a 90-day claim window running until December 9th. The TGE distributed over 9.36 billion LINEA tokens to eligible addresses. Unclaimed tokens will be returned to the Linea Alliance Ecosystem Fund to support Linea and the Ethereum ecosystem. The project conducted an eligibility snapshot in July and launched a query portal last week. Users must claim using the same address that holds their LXP/LXP-L token balance. The previously announced distribution framework indicates that 85% of the token supply will be allocated to the ecosystem, including a 10% full unlock for early users and developers and a 75% ecosystem fund. The fund is overseen by the Linea Alliance, whose members include Consensys, Eigen Labs, ENS, SharpLink Gaming, and Status. The token has no team or venture capital allocation and will not be used for on-chain governance. Instead, strategic direction will be decided jointly by like-minded institutions.
A Minnesota credit union is launching a stablecoin, claiming it's the first in the US.
According to CoinDesk, St. Cloud Financial Credit Union (SCFCU), a Minnesota-based financial institution with over $400 million in assets, plans to launch its own stablecoin, claiming it will be the first issued by a U.S. credit union. The token, called Cloud Dollar (CLDUSD), is being developed in partnership with blockchain firm Metallicus and fintech provider DaLand CUSO. It is expected to launch in the fourth quarter of 2025 as part of the credit union's digital asset custody services. SCFCU's move highlights how smaller financial institutions are leveraging blockchain tools to compete with fintech companies. Unlike mainstream stablecoins like USDT or USDC, Cloud Dollar will be directly connected to the credit union's banking system. The token will be issued on Metallicus's blockchain banking solution, Metal Blockchain, and integrated through DaLand CUSO's Coin2Core software, which connects blockchain services to the credit union's existing infrastructure. This design aims to keep deposits within the platform while providing members with a compliant way to transfer funds instantly and at a lower cost.
Robin Energy Completes First $5 Million Bitcoin Asset Allocation, Stock Price Soars 90%
According to The Block, international energy transportation company Robin Energy (RBNE) has completed its first $5 million allocation to Bitcoin, becoming the latest energy company to diversify its portfolio with cryptocurrencies. According to Google Finance data, RBNE's Nasdaq-listed shares surged over 90% on Wednesday, reaching an intraday high of $4.27 before retreating. For most of August, the stock price had fluctuated within a narrow range of $1.87, fluctuating by just a penny or two.
Asset Entities Approves Merger with Strive to Create $1.5 Billion BTC Finance Company
According to CoinDesk, Asset Entities Inc. (ASST) announced that its shareholders have approved its planned merger with Strive Enterprises. Strive Enterprises shareholders had previously approved the merger on September 4th, paving the way for the new company (to be renamed Strive Inc.) to pursue a Bitcoin reserve strategy. Former presidential candidate Vivek Ramaswamy co-founded Strive Enterprises in 2022. According to the announcement, the merger transaction is subject to Nasdaq listing approval and other customary conditions. Matt Cole, currently head of Strive Asset Management, will serve as chairman and CEO of the combined company. Strive expects to secure $750 million in private equity financing (PIPE) upon closing, with potential total financing exceeding $1.5 billion if warrants are exercised. Cole emphasized the company's debt-free structure and stated that it will pursue a disciplined, long-term approach to maximizing the number of Bitcoins per share, designed to outperform Bitcoin itself.
According to a post by analyst Emmett Gallic forwarded by Arkham, a company has just raised $375 million in funds on the chain. An Ethereum address received $375 million in USDT and USDC through multiple different entities, including Galaxy Digital, Josh Fraser, Hypersphere Ventures, Robert Leshner, and other well-known institutions in the cryptocurrency ecosystem.
Oracle co-founder Larry Ellison surpasses Musk to become the world's richest man
According to Jinshi, Oracle co-founder Ellison's wealth has surpassed Musk, making him the world's richest man.
At a CoinDesk event on policy and regulation, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce warned that securities laws don’t protect people in all areas. “Don’t think that if you buy a meme coin and it goes down in value, the SEC is going to step in and save you,” she said.
POP Culture, a US-listed company, has completed a total of $33 million in Bitcoin investment.
According to PR Newswire, POP Culture, a US-listed company, has announced that it has invested $33 million in Bitcoin and holds approximately 300 BTC. The company is establishing a diversified cryptocurrency fund focused on investing in assets such as BTC, ETH, and BOT.
BNB briefly hit $904.37, setting a new all-time high
Market data shows that BNB briefly hit a record high of $904.37. It is currently trading at $902.22, a 24-hour increase of 2.74%. Earlier news broke that Binance and Franklin Templeton have partnered to promote digital asset products and initiatives.
According to Globenewswire, CEA Industries (BNC), a BNB treasury company listed on the US stock market, announced that it had increased its holdings of BNB by 30,000, equivalent to approximately US$26 million, bringing its total holdings to 418,888, worth approximately US$368 million.
Binance and Franklin Templeton Collaborate to Promote Digital Asset Products and Initiatives
Binance and Franklin Templeton, a leading global investment firm with $1.6 trillion in assets under management, have officially announced a collaboration to develop digital asset initiatives and solutions for a broad range of investors. The two parties will explore combining Franklin Templeton's expertise in compliant tokenized securities with Binance's strengths in global trading infrastructure and investor access to jointly develop innovative solutions. The goal is to achieve competitive returns and settlement efficiency by improving the efficiency, transparency, and accessibility of capital markets to meet investors' evolving needs. Further details of this collaboration and planned new product launches will be announced later this year.
Oblong, a US-listed company, has revealed that it currently holds over 21,700 TAO tokens.
PANews reported on September 10 that according to Businesswire, Pete Holst, president and CEO of digital asset finance company Oblong, Inc. (Nasdaq: OBLG), sent a letter to Oblong shareholders, disclosing that three months ago the company raised $7 million and invested all of it in purchasing TAO. As of now, the number of TAO tokens held has exceeded 21,700, all of which have been pledged in the network.
According to on-chain analyst Yu Jin, an address suspected of purchasing 53.029 million WLD from the Worldcoin team wallet via OTC transactions transferred 29.573 million WLD (US$56.19 million) to an institutional platform address today, potentially for sale on a CEX. Over the past six months, this address has used 50 million USDC to purchase 53.029 million WLD from the Worldcoin team wallet at an average price of US$0.94. After WLD doubled in value over the past two days, this address transferred 29.573 million WLD (US$56.19 million) to an institutional platform address today, potentially for sale on a CEX. At the current WLD price of US$1.9, this address has already made a $50.9 million profit.
Pump.Fun creators' total earnings over the past seven days hit a new high of $15.5 million
According to SolanaFloor, pump.fun saw a continuous increase in creator revenue after launching its dynamic fee-based "Project Ascend." Within seven days, creator revenue reached a record high of $15.5 million, exceeding the protocol's own revenue by $1.45 million.
According to PR Newswire, Eightco Holdings Inc. (NASDAQ: OCTO) announced the successful closing of its recently announced $270 million private placement, with proceeds to be used to implement its Worldcoin Treasury strategy. The transaction was led by MOZAYYX, with participation from numerous institutional investors, including World Foundation, Discovery Capital Management, GAMA, FalconX, Kraken, Pantera, GSR, Coinfund, Occam Crest, Diametric, Brevan Howard, and Wedbush. BitMine Immersion (NYSE American: BMNR) invested $20 million. Proceeds from this private placement will be used to acquire and hold Worldcoin (WLD) as a reserve asset for its Treasury while continuing to focus on its core business operations. While the Treasury may also include cash and Ethereum as secondary reserve assets, its primary focus will be on Worldcoin. The company also announced that its common stock will be trading on Nasdaq under the symbol "ORBS."
Meteora announces TGE to be held in October
PANews reported on September 10th that Meteora, the Solana ecosystem liquidity protocol, announced it will conduct a TGE in October. The company has entered "TGE preparation mode" and will strive to complete the TGE as quickly as possible. The token used is MET. Meteora has already opened up its Q1 points, with the Q1 snapshot taken on June 30th. Meteora's Q2 activities are underway. The specific distribution of Q1 points is as follows: 2024 points: approximately 327.7 billion points distributed across 328,976 wallets; 2025 points: approximately 565.3 billion points distributed across 287,687 wallets; and launch pool points: approximately 307.7 billion points distributed across 24,929 wallets.
Binance Alpha will list ARAI (AA) on September 12th
Binance Alpha will officially list ARAI (AA) on September 12th. Eligible users can redeem their airdrop using Binance Alpha Points on the Alpha event page after trading opens. Detailed information will be announced later.
Binance Futures will delist BSWUSDT U-margined perpetual contracts
According to the official announcement, Binance Futures will automatically liquidate the BSWUSDT U-margined perpetual contract at 17:00 (GMT+8) on September 15, 2025, and will delist the above-mentioned U-margined perpetual contract trading pairs after the liquidation is completed.
Unibase (UB) to be listed on Binance Alpha and Binance Futures
According to an official announcement, Binance Alpha will list and open trading for Unibase (UB) at 4:00 PM (GMT+8) on September 12, 2025. Additionally, Binance Futures will launch UBUSDT perpetual contracts at 6:30 PM (GMT+8) on September 12, 2025, with a maximum leverage of 50x. Binance is the first platform to announce the launch of Unibase (UB) futures trading and showcase the UB token on Binance Alpha. All eligible Binance users will receive an exclusive Binance token airdrop. Eligible users can claim the airdrop using Binance Alpha Points between 4:00 PM (GMT+8) on September 12, 2025, and 4:00 PM (GMT+8) on September 13, 2025, through the Binance Alpha event page.
