Crypto Markets & On-Chain Ecosystem Developments

According to ChainCatcher, Chainflip disclosed an attack yesterday (Sept 12) targeting its Tron USDT holdings. A total of 736,442.17 USDT was stolen through six unauthorized transactions, exploiting a vulnerability in Tron's memo mechanism. Attackers added custom memos to already-signed transactions

According to Ledger Insights, the Pontes project, a distributed ledger technology (DLT) settlement system for the euro area, will launch on September 21. Clearstream has completed end-to-end testing covering system connectivity and settlement procedures, while Axiology is advancing its own testing a

Bitcoin, Ethereum and XRP are trading near $77,000, $2,500 and $1.35-$1.40 respectively as the Federal Reserve's Sept. 16 decision approaches, with 10-year Treasury yields near 5% and 2-year yields above 4.5%. The resilience of crypto prices despite rising yields signals a potential shift in

Strategy released a 21-page Bitcoin Investor Guide revised Sept. 7 that describes Bitcoin as the foundation of a six-layer "digital capital market" encompassing equity, credit, debt, derivatives and money. The guide frames Bitcoin as a reserve asset supporting financial instruments with different ri

Strategy released a 21-page Bitcoin Investor Guide on Sept. 7, repositioning Bitcoin as the foundation of a new "digital capital market" rather than merely a scarce asset for corporate balance sheets. The guide describes a six-layer financial architecture with Bitcoin as the reserve asset,

Eleanor Terrett, a prominent figure in crypto policy, is set to meet Patrick Witt, Executive Director of the White House Crypto Council, at the Solana Institute Summit ahead of the anticipated vote on the Clarity Act scheduled for Tuesday (September 15). The Clarity Act is a regulatory framework

Jazzi Cooper, Head of Product at RippleX, identified XRP as collateral for institutional credit as a 'killer use case' in a Sept. 12 post on X. Cooper stated the concept can be supported by the XRP Ledger's XLS-65 and XLS-66 lending architecture. The comment followed a question about whether

According to BankXRP and SettleMint announcements, Ripple partnered with SettleMint earlier this month to combine custody, issuance, compliance, settlement and servicing into a single operating stack for institutions, with deployment already underway in Asia. Boston Consulting Group estimates

According to Jazzi Cooper, Head of Product at RippleX, on Sept. 12, XRP as collateral for institutional credit is a 'killer use case' supported by the XRP Ledger's XLS-65 and XLS-66 lending architecture. Cooper outlined a dual-pool model where institutions could pledge XRP while borrowing

According to PANews, multiple tokens will undergo significant unlocks next week, with LayerZero (ZRO) releasing 25.71 million coins worth approximately $26 million on September 20, representing 4.22% of circulating supply. Arbitrum (ARB) will unlock 92.65 million coins valued at $12.7 million on Sep

On September 13, multiple on-chain metrics show mixed signals across crypto markets. Robinhood Chain saw revenue decline to $723,000 over the past 24 hours, marking five consecutive days of contraction. Hyperliquid perpetual contracts reached a historic high with 10.5% market share of open

Veteran macro investor Jordi Visser stated in an interview published Saturday that Bitcoin is in the same category as SpaceX, Anthropic, and OpenAI—four assets he estimated are collectively worth around $8 trillion, none of which currently generate profits. Visser argued this grouping reveals how

Ripple executed approximately $39.4 million in RLUSD stablecoin treasury transactions across the XRP Ledger and Ethereum, including a 14,394,224 RLUSD mint on XRPL, a 10 million RLUSD burn on XRPL, and a 15 million RLUSD burn on Ethereum. The transactions, flagged by the Ripple Stablecoin Tracker, r

According to Ripple Stablecoin Tracker, Ripple minted 14.39 million RLUSD on the XRP Ledger on Sept. 11, while simultaneously burning 10 million RLUSD on XRPL and 15 million RLUSD on Ethereum over recent days, representing approximately $39.4 million in combined mint-and-burn activity. RLUSD's

According to Route2FI, the crypto market experienced a morning flush on September 13. The analyst noted the shift in trading dynamics through a tweet highlighting increased activity in the broader market.

Mexican authorities are investigating a clandestine cryptocurrency mining operation uncovered in the Sierra Norte region of Puebla state, suspected of being used by organized criminal groups to generate or launder illicit funds. Investigators discovered 300 graphics processing units, 80

According to FinanceFeeds, Mexican authorities discovered a clandestine cryptocurrency mining operation in Puebla's Sierra Norte region equipped with 300 graphics processing units, 80 medium-voltage terminals and eight satellite antennas. The facility is the fourth suspected mining farm uncovered in

The cryptocurrency LIT surged 69.94% in the past hour, reaching a price of $0.195 from a low of $0.113386. The rapid price movement signals strong buying interest and reflects a 24-hour percentage change of 71.70%. With a market cap of $8,812,523 and modest trading volume of $29.1, the asset's