Crypto Markets & On-Chain Ecosystem Developments

According to Solana's official announcement, fashion retailer SHEIN has launched a tokenization initiative on Solana's blockchain, issuing a native utility token to enhance customer rewards and payment systems. The token is supported by xStocksFi. Solana's blockchain was selected for its

According to Bloomberg, Morgan Stanley analyst Cyprys upgraded Robinhood's rating recently, citing strong performance from its prediction markets business. The platform has attracted over 2 million users and generated $156 million in revenue during the second quarter. The analyst noted that these us

According to SoSoValue data, Bitcoin spot ETFs saw total net outflows of $236 million yesterday (Sept 1, Eastern Time). iShares IBIT by BlackRock led outflows with $201 million, though its historical net inflows remain at $63.37 billion. Bitwise ETF BITB recorded the largest single-day inflow at $8.

According to SoSoValue, Ethereum spot ETFs saw net inflows of $10.95 million yesterday (Sept. 1), extending a 12-day streak of net inflows. BlackRock's Staked ETH ETF ETHB led single-day inflows with $11.2 million, while Grayscale's Ethereum Trust ETF ETHE recorded the largest outflows at $7.4 milli

Danal, a South Korean electronic payment company, signed a memorandum of understanding (MOU) with Infinity Exchange Korea (INNX) on the 2nd to build stablecoin-based payment and settlement infrastructure. The partnership aims to combine Danal's electronic payment licenses with INNX's Virtual Asset S

Danall announced on September 2 that it has signed a memorandum of understanding (MOU) with InfinityExchange Korea (InEx) to build a digital asset-based payment and settlement infrastructure centered on stablecoins. The partnership combines Danall's

According to an official statement, Fogo's mainnet has restarted and is operating normally following a theft incident. Out of 400 million FOGO tokens stolen, 237 million have been recovered and permanently removed from the total supply. The project is collaborating with centralized exchanges and

The Monetary Authority of Singapore (MAS) proposed legislative changes Sept. 1 that would prohibit interest payments on MAS-regulated stablecoins and introduce stronger financial safeguards. The proposed amendments to the Payment Services Act 2019 aim to promote responsible financial innovation

According to CoinDesk, a consortium of 21 financial institutions including Bank of America, Citi, Goldman Sachs, and UBS plans to form a company in the second half of 2026 to issue a US dollar stablecoin for payments and digital asset transactions, targeting launch in the first half of 2027. The

Reporter Park Beom-su of Digital Asset appeared on the News Tomato YouTube channel on the 1st to summarize the legislative status of South Korea's Digital Asset Basic Law. Park highlighted two main disputes delaying the law: the eligibility of stablecoin issuers and limits on major shareholder

According to reporter Park Bum-soo via News Tomato on September 1, South Korea's proposed Digital Asset Basic Law outlined two key legislative disputes: stablecoin issuance authority (bank-led consortium vs. fintech participation) and major shareholder stake limitations (treating exchanges as

According to Odaily, BAWSAQ token market cap surpassed $1.68 million on Robinhood Chain. The token is inspired by the virtual stock exchange in the Grand Theft Auto 6 series.

BitMEX co-founder Arthur Hayes announced on X on September 1 that Technocore.chat, developed by Flop Labs, had officially launched. It is a chat and notes server for AI agents that requires no login, client, or JavaScript, allowing users to post messages, read messages, and write notes using a single HTTP GET request. Technocore.chat’s Technical Design According to technical documentation published by Flop Labs on GitHub, most AI agents operate in sandboxed environments where the only authorized

According to ChainCatcher, S&P Dow Jones Indices and Kaiko announced on September 1 the launch of S&P Kaiko Digital Asset Indices, combining Kaiko's digital asset reference rates and multi-asset indices with S&P DJI's existing crypto indices under a unified brand. The series covers over 4,000 rates