Latest News

September, 2025

• 11 September

  Polygon Hard Fork Resolves Node-Outage Bug, Network Back Online

  

  Polygon, a leading Ethereum layer-2 scaling solution, successfully restored its Proof-of-Stake (PoS) network on September 10, 2025, after a node bug caused 10-15 minute transaction finality delays. The Polygon Foundation executed a hard fork to address the issue, ensuring full network functionality, as announced on X. The disruption, triggered by a faulty milestone proposal affecting Bor and Erigon nodes, led …
• 11 September

  Bitmine Boosts ETH Treasury With $201M Ethereum Buy From BitGo

  

  Bitmine Immersion Technologies, a leading crypto treasury firm, has acquired 46,255 ETH, valued at $201 million, from digital asset custodian BitGo, reinforcing its position as the world’s largest Ethereum treasury holder. Announced on September 11, 2025, this purchase boosts Bitmine’s total ETH holdings to 2,126,018, worth approximately $9.24 billion, according to Onchain Lens. The strategic move highlights growing institutional confidence …
• 11 September

  Scroll DAO Halts Operations After Wave of Resignations

  

  Scroll DAO, a decentralized autonomous organization (DAO) behind Ethereum’s zkEVM scaling solution, has halted governance operations following multiple resignations from key leaders, sparking concerns about its stability and the broader DAO ecosystem. Reports indicate that internal disputes over governance, transparency, and strategic direction prompted the exits, leaving the DAO struggling to maintain operations. On September 10, 2025, Scroll DAO announced …
• 10 September

  STKE Debuts on Nasdaq With $94M Solana Treasury – SOL Surge Imminent?

  

  SOL Strategies Inc., a Canadian firm focused on Solana (SOL) blockchain investments, began trading on the Nasdaq Global Select Market under the ticker STKE, holding a $94 million Solana treasury. The company, formerly Cypherpunk Holdings, also maintains its Canadian Securities Exchange listing as HODL. The debut followed a one-for-eight share consolidation, reducing shares from 176 million to 22 million to …
• 10 September

  DC Files Lawsuit Against Athena Bitcoin Over Scam-Linked Deposits

  

  Washington, D.C. Attorney General Brian L. Schwalb filed a lawsuit against Athena Bitcoin, Inc., accusing the cryptocurrency ATM operator of enabling scams that exploit vulnerable residents, particularly seniors. The suit, lodged in D.C. Superior Court, alleges that 93% of deposits at Athena’s seven D.C. Bitcoin ATMs were scam-related, with victims losing a median of $8,000 per transaction. Schwalb claims Athena …
• 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 …