Business

September, 2025

  • 10 September

    $30M Bitcoin Bet: KindlyMD’s Nakamoto Invests in Metaplanet

    KindlyMD’s subsidiary, Nakamoto Holdings, announced a $30 million investment in Metaplanet Inc., Japan’s leading Bitcoin treasury company, marking its largest single investment and first foray into Asia’s public crypto market. This move, part of Metaplanet’s $1.4 billion international equity offering, aims to accelerate Bitcoin accumulation, with funding set for September 16 and stock delivery on September 17. The investment sent …

  • 10 September

    Hong Kong’s QMMM Rockets Over 1,700% After Crypto Treasury Reveal

    Hong Kong-based QMMM Holdings (NASDAQ: QMMM) saw its stock skyrocket 1,736% to $207 on September 9, 2025, after unveiling a $100 million cryptocurrency treasury targeting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The digital advertising and virtual avatar firm also announced plans to integrate AI with blockchain, creating a decentralized data marketplace and crypto-autonomous ecosystem. This pivot, however, cooled in …

  • 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 …