Business

September, 2025

• 10 September

  Ethereum Core Developers Underpaid Despite Running the Blockchain: Report

  

  Ethereum’s core developers, pivotal to maintaining the world’s second-largest blockchain with a $500 billion market cap, are significantly underpaid, according to a September 2025 report by CryptoResearch. These developers, tasked with securing and upgrading Ethereum’s network, earn 30-50% less than peers at tech giants or even smaller blockchain projects, despite their critical role in sustaining a platform that processes $10 …
• 10 September

  Gemini Raises IPO Target to $433M as Investor Demand Soars

  

  Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has boosted its U.S. initial public offering (IPO) target to $433.3 million, driven by strong investor demand. The New York-based firm increased its share price range to $24–$26 from $17–$19, valuing the company at approximately $3.1 billion. The IPO, set to list on Nasdaq under the ticker “GEMI,” involves 16.7 …
• 10 September

  Vietnam Launches Five-Year Crypto Trading Pilot to Explore Digital Markets

  

  Vietnam has initiated a groundbreaking five-year cryptocurrency trading pilot, effective September 2025, to explore regulated digital asset markets, as announced by Deputy Prime Minister Ho Duc Phoc. This bold move aims to harness Vietnam’s thriving crypto adoption—ranked fourth globally by Chainalysis in 2025—while ensuring financial stability. The pilot restricts operations to Vietnamese companies, requiring all transactions in Vietnamese dong and …
• 9 September

  Christie’s Shuts Down Standalone NFT Unit Amid Art Market Slowdown

  

  A major supply chain attack hit the crypto sector, compromising 18 NPM JavaScript packages, including chalk and debug, with 2.6 billion weekly downloads. Hackers phished developer Josh Junon’s NPM account, injecting malware to steal Bitcoin, Ethereum, and Solana transactions (,). Attack Overview The breach, detected within minutes by Aikido Security, used phishing emails mimicking NPM’s domain to harvest credentials. The …
• 9 September

  Crypto Firms Scramble After Massive Supply Chain Security Breach

  

  A massive supply chain attack rocked the crypto industry, compromising 18 NPM JavaScript packages with over 2.6 billion weekly downloads. Hackers, using phishing emails mimicking NPM’s domain, injected crypto-stealing malware into libraries like chalk and debug, threatening Bitcoin, Ethereum, and Solana transactions (,). Breach Details The attack targeted developer Josh Junon’s NPM account, with malware hijacking wallet addresses in software …
• 9 September

  Stablecoin Showdown: Sky Becomes Fifth Contender for USDH

  

  MakerDAO, entered the heated competition to issue Hyperliquid’s USDH stablecoin, becoming the fifth major protocol alongside Paxos, Frax, Agora, and Native Markets. This intensifying bidding war underscores the growing importance of stablecoins in decentralized finance (DeFi). Sky’s Ambitious Proposal Sky’s bid, led by co-founder Rune Christensen, offers $2.2 billion in USDC liquidity, a 4.85% yield surpassing U.S. Treasury bills, and …
• 9 September

  Eightco Shares Skyrocket 3,000% Following $250M Worldcoin Treasury Plan

  

  Eightco Holdings Inc. (NASDAQ:OCTO) shares soared 3,009%, climbing from $1.45 to $45.08, after announcing a $270 million Worldcoin (WLD) treasury strategy. The plan, backed by a $250 million private placement and $20 million from BitMine, positions Eightco as a crypto investment pioneer. Worldcoin Treasury Strategy Eightco’s initiative involves selling 171.2 million shares at $1.46 to raise $250 million, with BitMine …
• 9 September

  U.S. Congress Orders 90-Day Report on Strategic Bitcoin Reserve Security

  

  The U.S. Congress has mandated a 90-day report from the Treasury Department to evaluate the security and management of the Strategic Bitcoin Reserve, signaling heightened oversight of the nation’s digital asset holdings. Introduced by Rep. David Joyce (R-OH) via H.R. 5166 on September 5, 2025, this directive reflects cryptocurrency’s growing role in national financial strategy. Report Details The report, due …
• 9 September

  Crypto Surges Today: What’s Driving the Market on September 9, 2025?

  

  On September 9, 2025, the cryptocurrency market saw significant gains, with Bitcoin trading near $115,555 and Ethereum holding above $4,300. Altcoins like Solana ($219.06) and Avalanche posted double-digit increases, sparking excitement among investors. Here’s what’s fueling this rally. Regulatory Clarity Boosts Confidence Evolving regulations, including the U.S. CLARITY Act and Europe’s MiCA, have reduced uncertainty, encouraging investor participation. While no …
• 9 September

  Eric Trump: Crypto Unlocks ‘Whole New World,’ South Korea Set to Lead

  

  Eric Trump, son of U.S. President Donald Trump, hailed cryptocurrency as a “whole new world” during a virtual speech at the Upbit D Conference 2025 in Seoul, positioning South Korea as Asia’s crypto leader. He emphasized blockchain’s potential to transform global finance with faster, cheaper transactions. Crypto’s Transformative Power Speaking on September 9, 2025, Trump described digital assets as “the …