Crypto Markets & On-Chain Ecosystem Developments

Router Protocol announced a deprecation plan to shut down its cross-chain messaging network and permanently burn 303 million ROUTE tokens. The team cited unsustainable relayer maintenance costs as the reason for the shutdown. Users will have a grace period to move assets back to origin chains

According to Router Protocol, the cross-chain messaging network announced a deprecation plan to shut down operations and permanently burn 303 million ROUTE tokens. Users will have a grace period to bridge assets back to origin chains before relayer nodes are disconnected. The team cited

According to blockchain analyst PeckShield, a white-hat hacker returned 3,400 BTC (approximately $315 million, representing 85% of the total) to Liquid Network on September 8 following negotiations with Blockstream. The hacker had initially transferred approximately 4,000 BTC (roughly $320 million)

Tether CEO Paolo Ardoino outlined the company's dual strategy in a recent video interview, announcing plans to expand the dollar network through USDT while simultaneously investing in Bitcoin and gold. Ardoino positioned these assets as hedges against fiat currency debasement. Tether operates as a m

The Ethereum Foundation released its Hegotá upgrade assessment, evaluating 62 Ethereum Improvement Proposals (EIPs) for future implementation. The assessment designated EIP-7805, focused on anti-censorship measures, and EIP-8141, aimed at core account abstraction, as essential 'must ship'

According to a recent video interview shared on X, Tether CEO Paolo Ardoino outlined the company's strategy to expand its dollar network through USDT while investing in Bitcoin and gold as hedges against fiat debasement. Ardoino emphasized Tether's commitment to securing its market position through

The Ethereum Foundation has released its Hegotá upgrade assessment, grading 62 Ethereum Improvement Proposals (EIPs). EIP-7805 (anti-censorship) and EIP-8141 (account abstraction) have been designated as must-ship, with 15 proposals receiving A-tier ratings. The Foundation sets a 2029 target for

The Bangko Sentral ng Pilipinas (BSP) released a draft circular proposing a 12-month freeze on new applications from payment system operators (OPS), citing the need for a “comprehensive review” of its classification and licensing framework. The draft also requires all supervised institutions to apply stricter scrutiny and transaction restrictions to merchant acquiring services involving virtual asset service providers (VASPs). It classifies VASPs alongside gaming providers, adult-oriented busine

According to AJC on podcast threadguy, the Robinhood chain surge resembles the early phase of Solana in late 2023 or Base in early 2024—not a fleeting trend but the start of a new ecosystem. AJC noted Robinhood plans to bring stocks and collectibles on-chain, which have not yet launched. While

The U.S. Commodity Futures Trading Commission (CFTC) asked a federal court in Washington, D.C., on September 8 to dismiss the lawsuit filed by the Chicago Mercantile Exchange (CME) against Kalshi’s Bitcoin Perpetual Futures. In a written statement, CFTC Chairman Michael Selig and the commission’s attorneys wrote, “This lawsuit is much ado about nothing.” The CFTC said CME had failed to prove that the CFTC’s decision caused it economic harm or exposed it to increased competitive pressure. Kalshi

According to Yonhap News, Ethereum Institutional co-founder Matthew Dawson visited South Korea for the first time to meet with major banks, securities companies, asset management firms, and exchanges to establish partnerships. Dawson highlighted South Korea's strong financial institutions and

According to CoinDesk, Bitcoin pulled back below $80,000 on September 8 after failing to break through the key $83,000 resistance level. As of 9:41 a.m. local time, Bitcoin was trading at $79,270, up 0.21% from the previous day. Large Bitcoin holders have shifted to net selling, with Glassnode's wa

Sept. 8, Bitcoin was trading at around $79,176. CoinEx Chief Analyst Jeff Ko said Bitcoin is expected to remain in a $78,000–$82,000 range before the FED announces its next Interest Rate decision. The U.S. Treasury will expand the scale of its bond buyback operations on Sept. 9, with the next key events being the Producer Price Index (PPI), Consumer Price Index (CPI), and the FED decision. Bitcoin Trading Data and Support and Resistance Range According to CoinGecko data, Bitcoin was trading at a

According to CoinDesk, on September 8, a 22-year-old Singapore man pleaded guilty to charges related to a $240 million Bitcoin fraud scheme. Prosecutors alleged that his accomplices impersonated Google and Gemini customer service representatives and used social engineering tactics to trick an

According to GMGN data, on September 8, MEME token on Robinhood Chain reached a $132 million market cap, up 41% in the past 24 hours. MEME pairs with tokenized AMC Entertainment stock, providing liquidity through a MEME/AMC trading pair on the

According to Harmony on September 8, the project has verified on-chain deposits and cross-platform fund flows with Binance, Gate, KuCoin, MEXC, OKX, and Binance.US. Following reconciliation of approximately 2.493 billion ONE in cross-exchange transfers and adjustments for circular transfers and

According to Alternative.me, the Crypto Fear and Greed Index fell to 69 today, down from 71 yesterday, indicating the market remains in a greed state.

According to on-chain data, USDC Treasury minted 250 million USDC on the Solana network today (Sept 8) at 05:23 UTC+8.

According to X platform, analyst Killa recently shared his outlook on altcoins, noting that when Bitcoin begins to form a bottom and gradually rises, altcoins often enter an attractive accumulation phase. He stated that if Bitcoin's bottom has formed this cycle, some altcoins may also be

AERO, the leading DEX on the Base chain, surged more than 15% during today's trading session to reach $0.632 per token.