Author: Jeremy Ryan

In a significant development for the cryptocurrency community, SPHR is now live on the Solana network through Backpack Securities. This launch, announced by CryptoTwitter commentator @solana, opens new avenues for SPHR as it joins the growing ecosystem of assets on Solana. Traders are keenly observing how this integration will affect SPHR’s market dynamics and liquidity moving forward. The Key Development The SPHR launch on Solana via Backpack Securities arrives as the broader cryptocurrency market exhibits mixed signals. Although the current price of SPHR stands at $0, there’s a palpable anticipation among traders regarding its future performance. The integration into Solana,…

The Algorand Foundation appointed William Herkelrath as chief executive officer as the blockchain organization seeks to expand its institutional business and position its technology against emerging quantum-computing threats. Herkelrath, who formally took over on Aug. 31, succeeds Staci Warden after almost five years in the role, the Delaware based company said in a press release Wednesday. He most recently co-founded K3 Labs, an artificial-intelligence automation platform, and previously held leadership positions at blockchain data provider Chainlink and crypto custody firm Curv. Algorand is a proof-of-stake blockchain used for payments, asset tokenization, and digital identity, founded by cryptographer and Massachusetts Institute…

Bangko Sentral ng Pilipinas is weighing a temporary moratorium on new Operator of Payment Systems licenses as part of a wider push to strengthen compliance standards around payment operators and virtual asset service providers. The policy update targets licensing and oversight. It should not be treated as a ban on crypto trading in the Philippines, and it does not mean existing licensed operators have automatically lost approval. That distinction matters. Regulators often tighten the entry gate before they move to broader enforcement. In this case, the central bank appears to be looking at new registrations, audit standards, cybersecurity reviews, and…

Silvergate’s former chief executive, Alan Lane, says the crypto-focused bank survived withdrawals of roughly 70% of its demand deposits before political pressure drove it to choose liquidation.His account raises a question for the crypto companies obtaining federal bank charters: how much protection does becoming a bank actually provide?In his Sept. 8 account, Lane blamed the former President Joe Biden administration for making continued operations untenable.More than three years after the bank announced its voluntary wind-down, crypto companies are obtaining federal trust-bank charters that put their custody businesses directly under the Office of the Comptroller of the Currency.Federal trust charters give…

The crypto industry is launching a seven-figure national advertising campaign to rescue the CLARITY Act ahead of a crucial Senate vote next week.The Senate is scheduled to vote Sept. 15 on whether to invoke cloture on a motion to proceed to the Digital Asset Market Clarity Act, a procedural hurdle requiring 60 votes.The measure would establish federal rules for digital-asset markets and divide oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The vote would only open debate, leaving lawmakers to clear additional procedural steps before final passage.Yet with a week remaining, senators involved…

Kraken parent Payward has filed to launch CFTC-regulated perpetual futures for eligible U.S. traders through Bitnomial, the Designated Contract Market acquired by the company. The proposed products would cover BTC, ETH, SOL, XRP, and ADA perpetual derivatives, according to Kraken’s announcement. The filing marks an important step because perpetual futures are one of crypto’s most heavily traded instruments globally, but U.S. access has historically been far more constrained. This does not mean trading is live today. The launch remains subject to a 30-day regulatory self-certification review process. That is the key caveat. For more details, visit the official Blog platform.…

Circle has added upfront fee payments to CCTP Fast Transfer, allowing developers to quote and collect cross-chain $USDC fees on the source network while preserving the amount delivered to recipients. CCTP collects transfer fees before burning $USDC Circle’s official developer documentation says the process begins when an application requests a signed fee quote and submits it with the $USDC burn transaction on the source blockchain. Under the previous payment method, protocol fees could be deducted from the $USDC minted for the recipient on the destination network. A user sending a set amount could therefore receive less than the figure entered…

Changelly, in partnership with Quantum River and NEXOS Workspace, will host a live panel discussion on September 17. Three crypto providers will discuss what it takes to keep the largest transactions inside the wallet, instead of losing users to a centralized exchange. From Centralized Exchanges to Self-Custody In July, centralized exchange (CEX) trading volume dropped almost 24%, a 32-month low, while spot volume alone fell 31%. Decentralized exchanges (DEXs), in the meantime, captured a record 19% share of spot trading volume. When trading slows down overall, activity focuses on decentralized platforms, not centralized exchanges like Binance or Coinbase. Public exchanges…

Peaq has officially launched on the Solana blockchain through Sunrise, a development that could greatly influence its adoption. This integration opens new avenues for Peaq, potentially attracting a broader audience and enhancing its functionality. The news, initially shared by CryptoTwitter commentator @solana, underscores the dynamic nature of the altcoin market and hints at increased trading activity as users explore the integration. The Key Development The Peaq launch on Solana via Sunrise marks a pivotal moment as the broader crypto market exhibits mixed signals. With current price data showing no trading volume, the immediate market reaction remains to be seen. However,…

FinBox’s Dave Murry recently highlighted that the founders of Hedera maintain total control over their equity, a significant aspect that adds transparency to the platform’s operational structure. This revelation came during the Hedera General Community Call and underscores the unique ownership dynamics within the project. Such clarity may enhance investor confidence as the crypto landscape continues to evolve, particularly in light of mixed signals across the broader market. The Story So Far In the past week, the crypto market has shown varied momentum, with many assets experiencing fluctuations that reflect shifting trader sentiment. Hedera’s emphasis on founder equity control stands…