Cryptocurrencies
Articles under the Cryptocurrencies category.
EigenCloud’s enterprise pivot: verifiability as a service
In 2025 EigenLayer reframed restaking as a full verifiable cloud. With EigenCloud's June launch, a16z's reported $70M token purchase, a July reorg, and an August EigenPods patch, the company is courting enterprise buyers who want enforceable guarantees.
Inside the UK–U.S. Crypto Taskforce and the Road to 2026
London and Washington just stood up a joint taskforce to align crypto rules and capital markets plumbing. Here is what coordinated workstreams could mean for cross-border listings, stablecoin passports, custody recognition, and faster ETP approvals by the 180-day checkpoint.
PayPal's PYUSD goes omnichain with LayerZero's PYUSD0
On September 18, 2025, PayPal’s PYUSD jumped to nine new networks via LayerZero’s PYUSD0. Here is why omnichain distribution could change payments and DeFi, and the signals to watch next.
Arbitrum’s $40M DRIP targets leverage loops, not TVL
Arbitrum is turning incentives back on with DRIP, a four-season, 80 million ARB program that pays for borrowing against yield-bearing ETH and stablecoins. Here is how Season One (live since September 3, 2025) works, why it differs from 2021-style liquidity mining, who could benefit, and the KPIs that matter.
Aave V4’s hub and spoke reset of DeFi lending and yields
Aave V4 overhauls DeFi lending with a liquidity hub-and-spoke design, share-based accounting, and an optional reinvestment module. Here is how it could concentrate volume on a few networks, reshape risk, and reset yields as Q4 2025 approaches.
USDH goes live on Hyperliquid: the DEX-native stablecoin moment
USDH just launched inside Hyperliquid’s trading stack. Here is how exchange-aligned dollars could shift liquidity from USDC and USDT, the governance that matters, and the signals to watch next.
Mt. Gox endgame: late September BTC flows and Q4 liquidity
Mt. Gox wallets stirred again in late September as the estate stages final distributions before the October 31, 2025 deadline. Here is how to track exchange inflows, derivatives, and on-chain signals to separate real sell pressure from market absorption across BTC, BCH, and the wider crypto complex.
Tether’s $500B bid and USA₮: the U.S. stablecoin reset
Reports on September 23-24 indicate Tether is seeking a $15-20 billion round at a near $500 billion valuation while readying USA₮, a U.S.-regulated dollar token. With Circle’s June IPO and a new federal stablecoin law, market share, transparency, and bank adoption could shift quickly.
Fidelity puts Treasuries on Ethereum. The cash race begins
Fidelity is rolling out an Ethereum-based share class for its Treasury fund, turning regulated cash into wallet-native collateral. Here is how it reshapes stablecoins, DeFi, and the competition with BlackRock and Franklin Templeton.
Stacks lifts sBTC cap: open minting and real BTC withdrawals
Stacks removed the sBTC cap in mid September 2025, opening permissionless minting and live L1 withdrawals. Here is why that shift matters for BTCFi, how it compares to wBTC, what the early data shows, and the risks to watch.
SEC clears generic ETP rules as altcoin ETFs line up
On September 17, 2025, the SEC approved generic listing standards for commodity ETPs, giving U.S. spot crypto funds a faster path to market. With a multi-coin ETF already live, SOL and XRP products could arrive as soon as October, reshaping liquidity and on-chain behavior.
Nasdaq’s plan to list tokenized stocks on its main market
Nasdaq has asked the SEC to let tokenized versions of listed stocks and ETPs trade on the same order book as their traditional shares. Here is the regulatory path, the market plumbing that must line up, and a builder playbook to ship in the next 12 months.
A Timely Crypto Reporting Workflow for Policy and Metrics
Build a newsroom workflow that balances policy clocks with market clocks. Use a recency rubric, precise policy snippets, and reproducible on-chain metrics to publish fast, accurate crypto coverage readers trust.
Ethereum-Grade AVSs on L2: EigenLayer’s Base Debut
Between July 24 and 28, 2025, EigenLayer began rolling out Multi-Chain Verification, letting AVSs run on L2s like Base while inheriting Ethereum-grade security. Explore how cross-chain restaking works, what it unlocks, the new risks to plan for, and a practical builder checklist.
HSBC’s tokenized deposits vs stablecoins: the 2025 test
HSBC has switched on live cross-border tokenized deposits for corporates, pitting bank-backed tokens against public stablecoins. Here is how the rails differ, what changes for treasurers and merchants, and what to watch in Q4 2025.
Cloudflare’s NET Dollar: Settlement Layer for AI Agents
Cloudflare is proposing NET Dollar, a dollar‑backed stablecoin designed for instant, programmable settlement between software agents. Paired with x402 and the Agent Payments Protocol, it points to a pay‑per‑use internet where crawlers, APIs, and models buy exactly what they need in milliseconds.
Telegram’s TON Wallet Puts Web3 Inside U.S. Chats
Telegram’s July 2025 U.S. roll out of its built‑in TON wallet and its decision to make TON the exclusive chain for Mini Apps compress the Web3 funnel into a single chat. Here is what changed, why it matters, and a builder playbook to ship fast.
Decentralizing L2 Sequencers after Starknet’s Outage
Starknet’s September 2 outage arrived days after moving from one to three sequencers, forcing two reorgs and a hard look at decentralized ordering. Here is what multi‑sequencer designs change for liveness, reorg risk, and MEV, plus practical steps builders and users should take now.

















