Crypto Markets & On-Chain Ecosystem Developments

Bakkt announced a strategic shift from infrastructure development to commercial execution with a target of $3 billion in total transacting volume for 2026. The company is expanding its global commercial team to scale operations and capture a larger share of the digital asset market. This

According to Bakkt's recent announcement, the company is targeting $3 billion in total transaction volume for 2026 and is expanding its global commercial team. The shift marks a strategic pivot from infrastructure development to stronger focus on commercial execution. Bakkt operates services

According to BlockBeats, on September 10, Citadel Securities submitted comments to the U.S. Securities and Exchange Commission (SEC), urging regulatory oversight of event contracts tied to U.S.-listed companies. The market maker argued that trading platforms should not circumvent SEC jurisdiction

Indian agricultural warehousing and lending company Arya.ag is testing a system to tokenize warehouse receipts for stored grain on a dedicated Avalanche layer-1 blockchain. Arya.ag is working with Finternet to connect grain deposits, warehouse receipts, collateral commitments and loan status

According to Ava Labs, Indian agricultural warehousing and lending company Arya.ag is currently testing a system to tokenize warehouse receipts for stored grain on the Avalanche blockchain. The platform is being developed in partnership with Finternet to connect grain deposits, warehouse receipts, c

According to Dailian, on September 10, South Korea's Digital Asset Exchange Association (DAXA) submitted a formal opinion requesting postponement of the planned cryptocurrency income tax. The tax, originally scheduled to take effect on January 1, 2027, would impose a 22% effective tax rate

According to Arkham, trader NMTD8 opened a 10x leveraged long position on HYPE at $62.52 today, holding $16.46 million in notional value. The position has generated $4.09 million in unrealized gains as HYPE surged 33% to $83.13.

Korean stocks closed mixed on the 10th as US Treasury yields surged to their highest level since November 2023, despite the US Treasury announcing a buyback program of up to $6 billion. The benchmark index fell 17.72 points (0.25%) to close at 7033.92, weighed down by concerns over long-term US

According to Arkham data monitored by BlockBeats on September 10, Loracle's short position on PONS through Hyperliquid is worth approximately $16.3 million, accounting for 17.5% of the token's total open interest. Loracle opened the short at $0.44 nine days ago and added positions as PONS rose to a

According to Garrett Jin's latest weekly report, Bitcoin hit $82,300 last week but failed to break key resistance at $82,500, rebounding into its consolidation range. The market continues to lack completion of the full consolidation pattern. Spot demand has weakened, and supply remains heavy

TransparentBusiness Inc., operating as Unicoin, filed a lawsuit against Universal Navigation Inc., operating as Uniswap Labs, in the Southern District of New York on Tuesday. The complaint seeks declarations that its UNICOIN mark does not infringe or dilute Uniswap's claimed marks and requests

According to Cointelegraph, TransparentBusiness Inc., doing business as Unicoin, sued Universal Navigation Inc. (Uniswap Labs) on Tuesday in the U.S. District Court for the Southern District of New York. Unicoin seeks declarations that its UNICOIN mark does not infringe or dilute Uniswap's UNI,

PayPal, M0 and MoonPay launched PYUSDx on September 9, a platform that enables businesses to issue custom stablecoins backed by PayPal USD. The platform allows companies to create application-specific dollar-pegged tokens with customizable features including names, access restrictions, reward

Flop Labs launched its Yellow Paper repository, a move designed to enhance community engagement with $FLOP token holders. Arthur Hayes highlighted the announcement in a tweet, generating excitement among users. The initiative aims to provide clarity on the token's utility and future direction as the

On September 9, PayPal, M0, and MoonPay officially launched PYUSDx, a platform enabling businesses to issue branded stablecoins backed by PayPal USD. Three initial projects—Saturn, Concrete, and Cap—have already processed over $100 million in combined transaction volume on the

According to The Block, Anchorage Digital has added support for Robinhood Chain, enabling institutional investors to custody tokens, tokenized debt securities, and real-world assets on the Layer 2 network through the federal-chartered crypto