The Winklevoss twins, renowned for their early Facebook involvement and as crypto pioneers, have settled with the U.S. Securities and Exchange Commission (SEC) over their Gemini Earn program. Announced on September 15, 2025, the settlement resolves allegations that Gemini Trust failed to register the program, which let users earn interest on crypto assets, as a security under federal law. The …
Tech
September, 2025
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15 September
Polychain-Backed Yala Stablecoin YU Plummets to $0.20 After Protocol Attack
The Polychain-backed Yala stablecoin (YU) crashed to $0.20, losing its $1 peg following a sophisticated protocol attack. The Bitcoin-backed stablecoin, designed for DeFi liquidity, partially recovered to $0.78 but remains under pressure, raising concerns about the security of algorithmic stablecoins. Blockchain analytics firm Lookonchain reported that the attacker minted 120 million unauthorized YU tokens on Polygon, selling 7.71 million across …
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15 September
Ethereum Price Prediction: Are Bulls Gearing Up for an ETH Surge?
Ethereum (ETH), the second-largest cryptocurrency, is showing strong bullish signals, fueling speculation of a price surge in late 2025. Trading at approximately $4,639 on September 15, 2025, ETH is testing critical resistance levels, with analysts optimistic about a breakout driven by institutional interest, network upgrades, and robust DeFi activity. Technical indicators point to a bullish trend, with ETH trading in …
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15 September
Coinbase Struggles to Stay Ahead as Crypto Competition Heats Up: FT
Coinbase, a leading U.S. cryptocurrency exchange, is under pressure as competition intensifies, according to a September 14, 2025, Financial Times report. New U.S. crypto-friendly policies have spurred rivals, challenging Coinbase’s dominance with lower fees, innovative products, and aggressive expansion. Emerging exchanges like Binance and Bybit, alongside traditional finance giants like BNY Mellon, are eroding Coinbase’s market share, which dropped to …
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15 September
Crypto Sector Pushes Back Against Bank of England’s Stablecoin Cap Plan
The Bank of England (BoE) faced sharp criticism from the cryptocurrency sector over its proposed caps on stablecoin holdings, aimed at safeguarding UK financial stability. The plan, targeting systemic stablecoins used widely for payments, suggests limits of £10,000–£20,000 ($13,600–$27,200) for individuals and £10 million ($13.6 million) for businesses, sparking fears of stifled innovation. The BoE argues that unrestricted stablecoin use …
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15 September
Ethereum’s Privacy Initiative Gets a Makeover: PSE and the Future of Onchain Privacy
Ethereum Foundation rebranded its Privacy & Scaling Explorations team as Privacy Stewards of Ethereum (PSE), unveiling a comprehensive roadmap to integrate end-to-end privacy into the Ethereum blockchain. This shift aims to make privacy the default, addressing concerns that Ethereum could become a “backbone of global surveillance” without robust protections. The PSE roadmap focuses on three core areas: private writes, enabling …
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15 September
$1.4B Crypto Fraud: V Global Exchange Accomplices Get Suspended Sentences
In a landmark ruling on September 15, 2025, South Korea’s Daejeon District Court handed suspended sentences to executives implicated in the $1.4 billion V Global cryptocurrency exchange fraud, sparing them jail time. The scam, which defrauded 50,000 investors, has rocked the crypto industry, highlighting vulnerabilities in digital asset markets. The accomplices, whose efforts netted up to 1.5 billion won ($1.1 …
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15 September
Pakistan Courts Overseas Crypto Exchanges With Virtual Asset Licenses
Pakistan is positioning itself as a burgeoning crypto hub by inviting international cryptocurrency exchanges to apply for licenses under the Virtual Assets Ordinance 2025, enacted on July 8, 2025. The Pakistan Virtual Asset Regulatory Authority (PVARA) issued a call for Expressions of Interest (EoI) on September 13, 2025, targeting global Virtual Asset Service Providers (VASPs) to regulate its $300 billion …
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15 September
Native Markets Surges Ahead: USDH Stablecoin Beats Paxos and Rivals
In a landmark win for decentralized finance, Native Markets secured the USDH ticker for Hyperliquid’s native stablecoin on September 14, 2025, beating out heavyweights like Paxos and Ethena in a validator-led governance vote. This victory positions USDH to channel billions in liquidity on Hyperliquid, a leading decentralized derivatives exchange, challenging giants like Circle’s USDC. USDH’s hyperliquidity sets it apart, enabling …
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14 September
Revenue Crash: Tron’s Gas Fee Reduction Hits Daily Earnings Hard
Tron’s (TRX) bold move to slash gas fees by 60% has triggered a 64% plunge in daily revenue, dropping from $13.9 million to $5 million in just 10 days, per CryptoQuant. Implemented via Proposal #789 on August 29, 2025, the fee reduction lowered the energy unit price from 210 sun to 100 sun, aiming to boost user adoption and compete …
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