Cryptocurrency News

September, 2025

• 10 September

  Crypto Market Dip Explained: Why Prices Are Down on September 10, 2025

  

  Cryptocurrency market slumped, with Bitcoin (BTC) falling 4% to $108,783 and Ethereum (ETH) dropping 6% to $3,650, driven by a mix of global and crypto-specific factors. Investors are grappling with the downturn as multiple triggers dampen sentiment, according to market analysts. Global Volatility: Rising geopolitical tensions, notably between Russia and Ukraine, coupled with U.S. tariff concerns, have sparked a “risk-off” …
• 10 September

  Fintech Giant Klarna Secures $1.37B Ahead of US IPO Launch

  

  Swedish fintech giant Klarna Group Plc secured $1.37 billion in its U.S. initial public offering (IPO) on September 9, 2025, pricing 34.3 million shares at $40 each, above the $35-$37 range, valuing the company at $15.1 billion. The IPO, oversubscribed 25 times, marks a robust debut for the buy-now-pay-later (BNPL) leader, set to list on the NYSE under “KLAR” on …
• 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 …