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Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for new regulations and officials discussed the risks posed by international sanctions. The decisions put the limits of domestic crypto policy in focus: approval at home does not ensure access abroad.Zhao, known as CZ, said in a post that he attended in person and praised progress including a circulating KGST stablecoin. His post did not name USDKG, the separate gold-backed, dollar-pegged project whose issuer is on the UK sanctions list.USDKG provides a concrete example of the limits of government backing. Its published…

Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Robinhood Chain daily fees reach $6.04 million DefiLlama data showed Robinhood Chain collecting $6.04 million in transaction fees over the latest 24-hour period, exceeding the previous level of about $4.6 million and setting a record for the network. After deducting Ethereum settlement expenses and Robinhood Chain’s fee-sharing obligations to the Arbitrum ecosystem, the network retained approximately $5.44 million as chain revenue. Fees refer to the total amount users paid, while…

The brokerage that brought zero-fee trading to millions just did the same thing to Layer 2. In 60 days, Robinhood Chain has gone from launch to $791 million in TVL, flipped Base in daily active users, and is now generating more daily revenue than Solana. The question is no longer whether Robinhood belongs in crypto infrastructure. The question is how far this thing goes. Two months is nothing in crypto time. Protocols spend years grinding toward product-market fit, burning through grant programs and ambassador campaigns, hoping that one cycle will be the one where users show up and stay. Robinhood…

$NFT trading came roaring back last week, and the numbers tell a story that doesn’t quite line up with what’s happening in the broader crypto market. Data from CryptoSlam, captured on September 5, shows a sharp $NFT sales surge of 55.6%, pushing weekly volume to approximately $75.54 million — up from roughly $48.55 million in the previous seven-day stretch. The twist: fewer trades actually happened, and one blockchain nobody expected suddenly jumped to the top of the leaderboard. Key takeaways $NFT sales climbed 55.6% to about $75.54 million over the past seven days, even as total transactions fell 14.77% to…

The United States and United Kingdom are forming a first-of-its-kind alliance aimed at dismantling global scam centers tied to crypto fraud. The Department of Justice says US and UK authorities are joining forces to crack down on international scam centers accused of defrauding Americans through cryptocurrency and cyber-enabled investment schemes. The US Attorney’s Office for the District of Columbia, the Crown Prosecution Service of England and Wales, and the UK’s National Crime Agency announced a new Memorandum of Understanding (MOU) between the Scam Center Strike Force and its British counterparts Officials described the agreement as the first international cooperation framework…

In a surprising turn, TheFlowHorse has taken to Twitter to critique prevailing trader sentiment regarding Chainlink. He calls out what he describes as ‘confidently stupid takes’ amidst rising bullish energy in the market. This commentary underscores the polarizing views that traders hold as the crypto landscape evolves, indicating a need for caution despite the bullish signals. You can view the tweet here. What Happened The broader crypto market remains mixed, with Chainlink’s recent integrations prompting diverse opinions among traders. Notably, the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with platforms like ForeverMoney is seen as a significant step in enhancing…

OpenSea users are raising concerns over the absence of an $ETH/USD price switcher on the platform. The discussion was sparked by a tweet from the CryptoTwitter commentator @punk6529, who highlighted the challenges faced while trying to view $ETH prices on OpenSea. This feedback underscores the ongoing demands for improved user experience on $NFT marketplaces, suggesting that a price switcher could enhance functionality. The Story So Far Amid a wave of selling pressure across the crypto market, Ethereum ($ETH) remains a focal point as OpenSea users express dissatisfaction with the platform’s pricing options. The current lack of an $ETH/USD switcher has…

Optimism has highlighted notable developments within its ecosystem, including growth in private DeFi and stablecoin sectors. This information, shared via a recent tweet, emphasizes the increasing activity on the OP Stack. As more users engage with these features, the implications for the broader crypto landscape could be substantial, particularly in decentralized finance. Inside the Move The recent tweet from Optimism indicates a positive trend in its ecosystem, showcasing a focus on private DeFi, stablecoin innovation, and on-chain yield strategies. These elements are essential as they signal an evolving landscape amidst broader market fluctuations. While the crypto market is currently experiencing…

Pyth Network has announced an expansion of its Pyth Pro service, now covering more global markets, including US equities and Hong Kong stocks. This significant enhancement aims to improve data accessibility across various asset classes, as noted in a recent tweet by the network. Such a move could influence trading strategies significantly, allowing users to integrate more diverse data into their decision-making processes. The Story So Far The broader crypto market is currently showing mixed signals, with varying momentum observed across major assets. Pyth Network’s recent announcement highlights an expansion in its Pyth Pro service, which now covers additional US…

Base recently announced its anticipation for the launch of new Coinbase tokenized stocks, a significant development in financial tokenization. This move highlights the growing interest in integrating traditional finance with blockchain technology. As the market evolves, such innovations could enhance institutional adoption of digital assets, indicating a transformative shift in the investment landscape. source The Key Development In the past hours, Base has captured attention with its announcement regarding the upcoming Coinbase tokenized stocks, generating considerable engagement on social media. The tweet has received 773 likes and 198 replies, reflecting significant interest in this development. The broader cryptocurrency market is…