Crypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of BTC reserve. SEC Crypto task force discusses crypto x AI. Strategy buys $217m BTC. WLD +40% as Eightco raises $250m for treasury. Ant Digital puts $8.4b energy assets on blockchain. MegaETH launches USDm stablecoin with Ethena. Justin Sun backed stablecoin launches on Ethereum. CoinShares to move listing to US exchange. Ripple extends crypto partnership with BBVA. Kazakhstan announces National Crypto FundCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of BTC reserve. SEC Crypto task force discusses crypto x AI. Strategy buys $217m BTC. WLD +40% as Eightco raises $250m for treasury. Ant Digital puts $8.4b energy assets on blockchain. MegaETH launches USDm stablecoin with Ethena. Justin Sun backed stablecoin launches on Ethereum. CoinShares to move listing to US exchange. Ripple extends crypto partnership with BBVA. Kazakhstan announces National Crypto Fund

HYPE HITS ATH, NASDAQ WANTS STOCK TOKENISATION, WLD SOARS

2025/09/10 00:13
Crypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of BTC reserve. SEC Crypto task force discusses crypto x AI. Strategy buys $217m BTC. WLD +40% as Eightco raises $250m for treasury. Ant Digital puts $8.4b energy assets on blockchain. MegaETH launches USDm stablecoin with Ethena. Justin Sun backed stablecoin launches on Ethereum. CoinShares to move listing to US exchange. Ripple extends crypto partnership with BBVA. Kazakhstan announces National Crypto Fund
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Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
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2025/09/18 01:31