Crypto Markets & On-Chain Ecosystem Developments

Tema is launching a prediction markets ETF featuring 15% investment in private firms Kalshi and Polymarket. The ETF aims to leverage the illiquidity bucket of thematic ETFs through this private allocation. The SEC continues to evaluate event contracts, while Tema's ETF will use a thematic approach r

Saturn Credit upgraded its USDat stablecoin from 0% APY to a 3% APR, effective immediately. The change is linked to underlying T-Bill exposure, according to an announcement highlighted by CryptoTwitter commentator @pendle_fi. Saturn Credit operates in the decentralized finance space, providing

According to @Consensys, Consensys Software Inc. announced today a corporate split into two independent companies effective immediately. The consumer-facing MetaMask platform will be led by Joe Lubin, focusing on self-custody solutions, while a new institutional blockchain infrastructure entity will

Ripple CEO Brad Garlinghouse criticized the Central Bank of the Netherlands after a CNBC report revealed a 6-month process to move 86 metric tons of gold, worth $11 billion, from vaults in the U.S. and Canada to London. Garlinghouse posted on X to highlight the lengthy transfer timeline, comparing i

Iran's central bank has in recent months eased its strict foreign currency controls, encouraging businesses to bring funds back into the country through crypto exchanges that handle Tether's USDT and Bitcoin (BTC), the Financial Times reported on Sep. 8, citing regime insiders, business

According to Grayscale, the Zcash Trust ETF (ZCSH) reached $500 million in assets under management on September 8, just two weeks after launching on NYSE Arca on August 25. The fund marked the first regulated U.S. spot exposure to a privacy-focused cryptocurrency, with approximately $70 million in e

Arbitrum launched its Open House initiative to support builders in the decentralized finance ecosystem. The program helps teams refine their products and connect with venture capital by providing access to resources and a collaborative environment. xLiquida, working on a UK Treasury bond platform, i

Chainlink (LINK) broke through $12.009 during its current trading session and is now trading at $12.022. The price movement reflects growing interest in the altcoin amid a broader market rotation away from major

The U.S. Secret Service froze $52.8 million in USDT held across 52 wallets linked to Xinbi Guarantee on September 8, working with blockchain analytics firm Elliptic to target the Chinese-language Telegram marketplace that facilitates global scams. On the same day, the Treasury's Office of Foreign

According to CoinGecko data and CryptoPotato, Bitcoin recovered to $79,000 on September 9 after falling as low as $76,400 in the prior session, pulling XRP sharply higher. XRP gained 3.5% to $1.44, reclaiming the $1.40 support level it briefly lost during the sell-off. Total cryptocurrency market c

Vitalik Buterin has unveiled EIP-8288, a proposal for Ethereum's upcoming I-Star upgrade that introduces a recursive STARK mempool design. The proposal aims to enhance transaction efficiency and support quantum-safe signatures by optimizing transaction dependencies within the mempool. The

According to ChainCatcher, Block, Jack Dorsey's payment company, has applied to establish Builders Bank & Trust, N.A., which would be a non-insured national trust bank directly regulated by the U.S. Office of the Comptroller of the Currency (OCC). The bank would focus on providing custody and trust

According to ChainCatcher, Circle has signed an agreement to acquire Singapore-based cross-border payments infrastructure company Tazapay for $400 million in an all-stock transaction on September 4. The deal, valued in Circle Class A shares and subject to adjustments based on Tazapay's debt, transac

Stand With Crypto is mobilizing grassroots support for the CLARITY Act ahead of a September 15 cloture vote in the U.S. Senate. The advocacy organization has coordinated over 50,000 contacts to lawmakers since August through local chapter discussions, op-eds in regional newspapers, and direct

Stand With Crypto is intensifying its advocacy for the CLARITY Act ahead of a September 15 cloture vote. The organization has mobilized its chapters to engage with lawmakers through direct outreach, op-eds, and discussions, with over 50,000 contacts made to legislators since August. The grassroots c

According to Bloomberg ETF analyst Eric Balchunas, Tema is launching a thematic prediction market ETF with 15% allocation to private positions in Kalshi and Polymarket, charging 75 basis points in management fees. The product is classified as a thematic ETF rather than an event contract ETF, which t

According to U.S. Bank, on Wednesday, the bank completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain. The pilot transferred funds between U.S. Bank entities in North America

Solana's ecosystem generated over $130 million in on-chain fees in August, driven by heightened trading activity from newly launched features on @Pumpfun. The surge represents a 14% increase in on-chain fees, as reported by CryptoTwitter commentator @1kxnetwork. This trend highlights growing

According to CryptoTwitter commentator @1kxnetwork, Solana's ecosystem generated over $130 million in on-chain fees in August, representing a 14% increase in on-chain activity. Pumpfun, the newly launched social trading platform, alone contributed $56 million in fees, driving the majority of the