Crypto.com Denies Hiding Data Breach

️ On today's Top Picks:

Crypto News

• ⭐️ Hyperliquid $HYPE proposal by Jon Charbonneau & Hasu proposes reducing HYPE total supply by 45%; proposes revoking 421M unminted HYPE from Future Emissions & Community Rewards.

• Plasma $XPL announces Plasma One, a stablecoin-native neobank & card; Plasma to launch mainnet beta on September 25th.

• Coinbase $COIN launches Mag7 + Crypto Equity Index Futures; the hybrid index is composed of both traditional equities & cryptocurrencies.

• Digital Asset Investment Products saw $1.9B of inflows last week; Bitcoin $BTC ~$977M inflows, Ethereum $ETH ~$772M inflows, Solana $SOL ~$127.3M inflows, & Ripple $XRP ~$69M inflows.

• ICYMI Ethereum $ETH to launch Fusaka mainnet upgrade on December 3rd; introduces PeerDAS, phased blob expansion, & more.

Alpha

• Airdrops, Checkers, & Points by Olimpio.

• ⭐️ MegaETH teases "Mainnet launches in ______" on X; to potentially launch mainnet soon.

• Kraken Launch to feature Yield Basis $YB token sale starting on October 1st; Yield Basis targets $BTC-native, fee-driven yield while neutralizing AMM curvature risk; founded by Curve founder Michael Egorov.

• Chain On Top, a chain-abstracted social game powered by Socket, launches; first app to battle test the Socket Chain Abstraction Protocol.

• Gitcoin to launch Gitcoin Grants 24 on October 14th to October 28th; teases "The comeback round... Sharper domains, bigger vision" on X.

• ICYMI USDai to raise deposit caps to $500M on September 23rd; no plans to raise caps again in the near future; USDai Allo (points) program is ongoing.

• ICYMI Nansen teases "Sep 25, 2025 - The future is yours" on X; to launch Nansen Points Season 2 & Nansen mobile app.

Airdrops

• ⭐️ Rainbow to launch $RNBW TGE & airdrop in Q4 (October-December); points holders to be eligible.

• Anoma to close $XAN airdrop registration; testnet participants, Discord community members, & Shrimpers NFT holders are eligible.

• 0G launches $0G airdrop claim; Galxe/Intract participants, Discord community members, & One Gravity NFT holders were eligible to register.

• Binance launches $0G HODLer Airdrop; BNB Simple Earn and/or BNB On-Chain Yields subscribers from September 15th to September 20th are eligible.

• ICYMI MetaMask to launch $MASK soon; Joseph Lubin, CEO of Consensys, adds "...may arrive sooner than you would expect" in recent interview.

• ICYMI Rabby posts "What’ll be the market cap for $RABBY?" on X; to potentially launch TGE & airdrop soon.

Finance News

• ⭐️ Nvidia $NVDA to invest up to $100B in OpenAI; also recently announced plans to invest $5B in Intel $INTC.

• Strategy $MSTR buys an additional 850 Bitcoin $BTC for ~$99.7M at ~$117,344 per BTC; now holds 639,835 BTC (~$72.1B) acquired for ~$47.33B at ~$73,971 per BTC.

• Metaplanet $3350.T buys an additional 5,419 Bitcoin $BTC for ~$632.53M at ~$116,724 per BTC; now holds 25,555 BTC (~$2.9B) acquired for ~$2.71B at ~$106,065 per BTC.

• Capital B $ALCPB.PA buys an additional 551 Bitcoin $BTC for €54.7M at €99,272 per BTC: now holds 2,800 BTC (~€305M) acquired for ~€261M at ~€93,205 per BTC.

• Strive $ASST to acquire Semler Scientific $SMLR in all-stock merger; buys 5,816 Bitcoin $BTC (~$656M) at ~$116,047 per BTC; to hold 10,900 BTC (~$1.2B) post-merger.

• Bitmine $BMNR buys more Ethereum $ETH; now holds 2,416,054 ETH (~$10.1B) at $4,497 per ETH; raises ~$365M to buy more ETH.

• Helius $HSDT buys 760,190 Solana $SOL (~$168M) at ~$231 per SOL; holds $335M in cash to buy more SOL.

• Bakkt $BKKT appoints Mike Alfred to Bakkt's Board of Directors; Alfred also serves on the Board of IREN $IREN.

Security and Exploits

• ⭐️ Crypto[.]com $CRO denies allegations of covering up data breach; ZachXBT challenges Crypto[.]com CEO Kris Marszalek on X.

• UXLINK exploited for ~$11.3M due to security breach; team currently investigating.

• Block Blasters, a game available via Steam, steals ~$150K of crypto; the malware was designed to evade detection by checking for antivirus processes before deploying its payloads.

Token Unlocks

• Optimism $OP / ~$94M / SEP 21st
• Space ID $ID / ~$13M / SEP 22nd
• Nillion $NIL / ~$20M / SEP 24th
• Particle $PARTI / ~$28M / SEP 25th
Sourced from Tokenomist

Funding

• Bitlight Labs raises $9.6M in Pre-Series A funding led by Amber Group & Fundamental Labs.

• Shield raises $5M in Seed funding led by Giant Ventures.

• Coop Records raises $4.5M in Seed funding from several investors.

• USDai raises $4M in funding from Bullish Capital $BLSH.

• Stable raises in undisclosed amount in Strategic funding from PayPal $PYPL.

The Degen Farmer