SharpLink to Tokenize SBET Stock on Ethereum via Superstate

Key Notes SharpLink Gaming will use Superstate’s platform to tokenize its Nasdaq-listed stock (SBET) on the Ethereum network. The company, a primary corporate holder of ETH, sees the move as a way to increase shareholder value and modernize capital markets. Key details on the timeline, specific SEC approvals, and the technical process for the tokenization have not yet been released. SharpLink Gaming, Inc. (Nasdaq: SBET), an esports and technology company, announced plans on Sept. 25, 2025, to tokenize its SEC-registered common stock on the Ethereum ETH $4 005 24h volatility:…

Plasma’s Native XPL Token Debuts With $2.54 Billion Market Cap

Key Notes XPL serves as the gas token for transactions and smart contract execution, the staking asset securing the network, and the reward token for validators. Plasma also allows gasless stablecoin transfers for simple transactions, while complex actions require XPL. XPL’s supply includes 40% for ecosystem growth, 25% for founders and employees, and 25% for early backers. The co-founder and CEO of Blockstream has issued a stern warning to critics of Bitcoin’s BTC $111 313 24h volatility: 2.1% Market cap: $2.22 T Vol. 24h: $58.13 B peer-to-peer (P2P) node network.…

Adam Back Defends Bitcoin Nodes Amid Criticism

Key Notes Adam Back, Blockstream CEO, has argued against undermining the decentralization of P2P nodes. He highlighted the dissent as a threat to the core sovereignty that Bitcoin was built to uphold. Back encourages decision-making on the basis of upholding safety and stability, not to promote politics. The co-founder and CEO of Blockstream has issued a stern warning to critics of Bitcoin’s BTC $111 338 24h volatility: 2.1% Market cap: $2.22 T Vol. 24h: $58.87 B peer-to-peer (P2P) node network. Building on his extensive experience in the blockchain industry, he…

Gate Announces Gate Layer and GT Tokenomics Upgrade

Key Notes Gate launches Gate Layer, a high-speed Layer 2 network. Gate Layer is built on the OP Stack and secured by GateChain. GT token will serve as the exclusive gas token while continuing a dual burn model. Crypto exchange Gate GT $15.94 24h volatility: 3.1% Market cap: $1.90 B Vol. 24h: $17.81 M has officially rolled out Gate Layer, a high-performance Layer 2 network designed to make decentralized applications faster and cheaper for both users and developers. Gate Layer is built on Optimism’s OP Stack and supported by GateChain…

Upbit Acquisition Underway? Naver Steps Up

Key Notes Naver Financial is set to acquire Dunamu, operator of Upbit. Following the acquisition, the company reportedly wants to debut a stablecoin. Naver’s 40 million users could streamline Upbit sign-ups, boosting adoption. South Korea’s fintech and tech giant Naver is reportedly preparing to acquire Dunamu, the operator of Upbit, the fourth-largest crypto exchange by volume. The deal, expected to be executed via a stock swap, would bring Upbit under the umbrella of Naver Financial, expanding the group’s influence from internet services to crypto. Strategic Expansion into Crypto and Stablecoins…

French Asset Manager Raises $53M to Back Bitcoin

Key Notes Melanion Capital has raised €50 million ($53 million) to allocate directly into Bitcoin. The firm is pioneering a private Bitcoin Treasury Operated Company (BTOC) model. LQWD and Keen Golden have also exposed their finances to Bitcoin. Paris-based Melanion Capital is pushing deeper into Bitcoin BTC $111 572 24h volatility: 1.5% Market cap: $2.22 T Vol. 24h: $58.29 B , raising €50 million (about $53 million) to allocate directly into the world’s largest cryptocurrency as part of a pioneering treasury strategy. #BYEX News🖥: Melanion Capital plans to raise €50M,…

Capital Group Becomes Metaplanet’s Largest Shareholder

Key Notes Capital Group bought the Metaplanet stock dips, doubling its stake in the firm, despite a 40% drop. Benchmark Equity Research reaffirmed its “Buy” rating on Metaplanet stock, setting a 2026 price target of 2,400 yen. The firm cited its strong performance and recurring income from Bitcoin derivative strategies despite recent market pressures. Capital Group, the $2.6 trillion asset manager, has become the largest shareholder of Japan’s Bitcoin BTC $111 411 24h volatility: 1.4% Market cap: $2.22 T Vol. 24h: $51.10 B Treasury firm Metaplanet by adding another 75.5…

Stablecoin Giant Circle Exploring Reversible USDC Transactions

Key Notes Circle President Heath Tarbert has hinted at the company’s consideration of transaction reversibility for crypto attacks. Based on principle, blockchain transactions are permanent and completely immune to unilateral changes. Circle’s proposal challenges the core principle of immutability in cryptocurrency. Popular USDC issuer Circle is mulling the idea of transaction reversibility for stablecoin transactions, citing that it may be a game-changer for this class of asset. Circle President Heath Tarbert believes that this initiative will help the industry recover funds siphoned via fraud and other exploits. Transaction Reversibility Threatens…

MiCA-Approved Euro Stablecoin in the Works by Major Banks

Key Notes The issuance of the MiCA-backed euro stablecoin will likely happen in the second half of 2026. The stablecoin aims to provide near-instant, low-cost payments, 24/7 cross-border settlement, programmable payment features, etc. The announcement comes amid delays in the EU’s digital euro, projected for 2029. Some of the major European banking institutions announced plans to launch a euro-pegged stablecoin under the European Union’s Markets in Crypto-Assets (MiCA) framework. Banking giants like ING, Danske Bank, UniCredit, CaixaBank, have joined hands for this stablecoin initiative. MiCA-Backed Euro Stablecoin Coming Next Year…

Bitcoin Tests $111K as Crypto Liquidations Exceed $400M

Key Notes In the early hours of September 25, crypto liquidations came in at $407.81 million. Ethereum is leading the 24-hour losses, with long traders suffering the bigger brunt. Coincidentally, the Bitcoin price has plunged further to around $111,000. On Sept. 25, the broader cryptocurrency market experienced a sharp sell-off, triggering up to $400 million in liquidations. It coincides with a recent decline in the price of flagship cryptocurrency Bitcoin BTC $111 453 24h volatility: 1.4% Market cap: $2.22 T Vol. 24h: $51.32 B to around $111,000. BTC, ETH, SOL,…