Crypto Markets & On-Chain Ecosystem Developments

Block submitted an application Tuesday to the Office of the Comptroller of the Currency (OCC) to establish Builders Bank & Trust, a national trust bank offering custody and fiduciary services for Bitcoin and stablecoins, according to the company. The proposed institution would not accept deposits or

Tether froze approximately $39.3 million in USDT held across cryptocurrency wallets linked to Xinbi Guarantee, according to blockchain-monitoring firm MistTrack. MistTrack reported on September 8 that 39,273,713 USDT had been frozen across 10 addresses on the TRON blockchain. The wallets were

Polkadot's OpenGov is voting on Referendum 1944 to launch dotUSD, a native decentralized stablecoin. The referendum is currently in its decision stage. An archived Polkassembly snapshot captured roughly 2.4 million DOT voting Aye against 59,900 DOT voting Nay—a 97.5% approval margin at that point. T

According to SoSoValue, XRP ETFs attracted nearly $2 million in net inflows on Tuesday, the only meaningful gain across US crypto ETFs while bitcoin, ether, Hyperliquid, and solana products all saw outflows. The five XRP funds now hold $1.69 billion in cumulative inflows since launch and $173 millio

According to blockchain-monitoring firm MistTrack, Tether froze approximately $39.3 million in USDT linked to Xinbi Guarantee on September 8. The freeze affected 39,273,713 USDT across 10 addresses on the TRON blockchain,

Polkadot OpenGov's Referendum 1944 is currently in its decision stage, seeking to establish dotUSD as the network's decentralized stablecoin, according to an archived Polkassembly snapshot. The proposal garnered 97.5% approval, with approximately 2.4 million DOT voting in favor versus 59,900

Krown Technologies Inc. has announced KROWN Watch, a Web3-focused wearable designed to integrate digital asset management, payments, artificial intelligence, and health functions into a single wrist-based device. The initiative aims to make Web3 services part of everyday routines by combining

According to onchain data reported on September 8, Robinhood Chain generated 17,171 ETH (worth $42.58 million) in cumulative onchain revenue over its first 70 days since mainnet launch on July 1, averaging approximately $608,000 per day. The revenue is split between Robinhood Chain, which

Krown Technologies Inc. has announced KROWN Watch, a Web3-focused wearable designed to combine digital asset management, payments, artificial intelligence, and health functions in a single device. The wearable integrates Qastle Wallet for digital asset access, Excalibur for cold-wallet security

According to BitMart's announcement, the exchange has appointed Amber as financial advisor to assist in evaluating its financial condition, stakeholder matters, and plans for orderly user withdrawals. BitMart plans to announce user feedback channels and action plans within three weeks, with

CleanSpark mined 593 Bitcoin in August at an average operating hashrate of 38.3 exahashes per second. The Nasdaq-listed Bitcoin mining company sold 821 Bitcoin during the same month—228 more coins than it produced—ending August with 13,703 BTC in treasury holdings, according to an operational

According to PANews, on September 9, BitMart appointed Alvarez & Marsal (A&M) as financial advisor to help evaluate its financial condition, stakeholder matters, and orderly withdrawal arrangements. The exchange plans to announce user feedback channels, feedback collection mechanisms, and specific a

Bitcoin analysts are expressing a strong buy consensus, according to insights shared by Ki Young Ju on social media. The bullish sentiment suggests a potential recovery in the cryptocurrency market, which could attract both retail and institutional investors. This shift in analyst outlook comes as t

According to HTX, SOL broke through $105 today, trading at $105.04 with a 24-hour gain of 2.25%.

U.S. spot Bitcoin exchange-traded funds recorded a net outflow of $46.6464 million on September 8, according to commentary from @WuBlockchain. This marked the first outflow after three consecutive days of inflows. The shift occurred as the broader cryptocurrency market faced mixed signals, with trad