Crypto Industry News & Market Trends

Binance Wallet adds USDT gas fees on 4 networks

Binance Wallet has added USDT gas-fee payments on four blockchain networks as of Sept. 25, allowing users to transact without first holding each chains native gas token.　　According to Binances updated support documentation Binance Wallet gas-fee guide, the option currently works on BNB Smart Chain, Ethereum, Solana and TRON. Users with USDT in Binance Wallet can select the stablecoin to cover the network fee when completing supported transactions.　　Previously, users generally needed BNB for transactions on BNB Smart Chain, ETH on Ethereum, SOL on Solana and TRX on TRON. A wallet without the required native token could leave the user unable to complete an on-chain transaction even when it held the asset being transferred.　　Binance Wallet Removes Native Gas Token Requirement With USDT Payments　　Binance Wallet now allows users to pay gas fees with USDT on BNB Smart Chain, Ethereum, Solana and TRON, removing the need to hold each networks native gas token before making transactions. Binance said… pic.twitter.com/6YCUDWL4Bd　　— Wu Blockchain (@WuBlockchain) September 28, 2026　　Binance said its wallet calculates the network fee based on current blockchain conditions. The company said more networks will gain support later, though it has not provided a rollout timetable.　　Binance Wallet uses USDT for gas on four networks　　The USDT option

3 days agoIndustry

A Huge Week Is Coming for XRP as Evernorth Nears Crucial Nasdaq Vote

Evernorths planned Nasdaq debut under the XRPN ticker is approaching its final major hurdle.　　The shareholders of Armada Acquisition Corp. II are set to vote on September 30 on the proposed business combination, on whether Evernorth will be the next cryptocurrency-related company to become public.　　A potential approval would clear the last major obstacle before the XRP-focused treasury company can begin trading publicly under the XRPN ticker.　　Will XRPN Be Different？　　Popular cryptocurrency commentators, especially those with a clear preference toward Ripple and its native token, have long praised Evernorths move. BankXRP is among those. They recently highlighted the upcoming vote this week, noting that the company is effectively “one vote away” from bringing an XRP-focused treasury company to Nasdaq. The distinction is important because Evernorth is not designed to function like a passive XRP fund.　　Instead, it intends to hold and actively deploy the cross-border token across the ecosystem, including through yield strategies, infrastructure participation, and capital-markets activity, with the stated objective of increasing the amount of coins represented by each share over time.　　Evernorth currently holds roughly 473 million XRP, making it one of the largest identifiable corporate holders of the asset. If the merger closes, that treasury would effectively become accessible through a

3 days agoIndustry

China's Industrial Profits Slow to 4.2% Showing The AI Boom Left It Behind

Chinas industrial profits grew 4.2% in August from a year earlier, official data showed Monday.Cumulative profit growth for the year has now slowed for a fourth straight month.　　That cumulative pace peaked at 24.7% through April and has eased to 15.7% through August. Meanwhile, an AI-driven profit boom is lifting rival economies far faster.　　The AI Boom China Missed　　South Koreas audited companies posted a record operating margin of 16.9% in the second quarter. That is up nearly 12 percentage points from a year earlier.　　Manufacturing margins alone leaped almost fivefold, to 24.0%, driven by chipmakers riding the artificial intelligence memory wave.　　Japan told a similar story. Corporate profits jumped 24.6% year-on-year in the second quarter, beating estimates comfortably.　　Across the Pacific, US manufacturers saw after-tax profits climb to $370.1 billion in the second quarter. That is up from $225.8 billion a year earlier.　　By contrast, Chinas 4.2% barely registers as growth.　　Europe Is the Exception　　However, one major economy is struggling harder than Beijing. Eurozone industrial production fell 1.2% year-on-year in January and was flat by July.　　Europe is another area that is really struggling. Image Source: Trading Economics　　The Eurozone‘s manufacturing gauge hit a 44-month high in February, led by a German rebound. Germany’s own index returned to expansion

3 days agoIndustry

Discover How 20 Million Russians Tap Into Over $43B in Cryptocurrency

Key TakeawaysOver 20M Russians use crypto to settle foreign trade, bypassing SWIFT sanctions to import key goods.Russia holds the 2nd-largest mining hashrate, boosting local jobs, infrastructure, and tax revenue.Russia is regulating exchanges to bring capital home while banning domestic crypto payments for a CBDC.　　How Are Russians Adopting Crypto？　　Russia has become a cryptocurrency hotbed, ranking as the 16th nation with the most crypto adoption in the world in the latest Global Crypto Adoption Index Report issued by Chainalysis.　　Deputy Finance Minister Ivan Chebeskov estimated that at least 20 million Russians had invested in crypto products, and that more were on the way after regulations to license national exchanges and bring crypto capital to Russia were put in place.　　But how are Russians using these 3.7 trillion rubles (nearly $44 trillion), and how much of this capital is really within the Russian governments reach？ In a recent investigation, Izvestia pointed out that these resources were divided into three pools, with the first one being their use in foreign trade settlements, as the Russian Federation is currently facing a disconnection from the SWIFT banking system, and even banks in friendly countries like China and Turkey might face secondary sanctions when serving Russian customers purchasing so-called

3 days agoIndustry

CoinMarketCap buys CoinGlass to expand crypto derivatives data

CoinMarketCap has acquired crypto derivatives data platform CoinGlass for an undisclosed amount, expanding its coverage of leveraged trading across major exchanges.　　CoinMarketCap announced Friday that CoinGlass will continue operating under its existing brand, with its team remaining in place. Its website, app, free tools, API and pricing will be unchanged.　　CoinGlass tracks open interest, funding rates, liquidations and options. It covers 28 exchanges and more than 2,500 instruments, according to the announcement.　　CoinMarketCap said the acquisition would give its users access to derivatives positioning data alongside cryptocurrency prices, including information on where liquidations cluster and how funding rates are moving.　　Crypto exchange Binance acquired CoinMarketCap in April 2020. At the time, Binance said the platform would continue operating independently and that the exchange would have no influence over its rankings.

3 days agoIndustry

Dogecoin Price Eyes $0.11 After Whales Accumulate 1.14 Billion Tokens

Key InsightsDogecoin price faces major resistance near $0.098, where roughly 28 billion DOGE previously traded.Whales bought more than 1.14 billion DOGE, worth about $112 million, in 96 hours.A break above $0.098 could shift focus to $0.11, then the $0.20 supply zone.　　Dogecoin price traded near $0.097 as traders watched a dense supply zone around $0.098. CoinMarketCap data showed DOGE remained up roughly 11.7% over seven days despite staying below that resistance.　　The technical barrier coincided with fresh large-holder accumulation and stronger exchange-traded fund flows. However, neither metric confirms that DOGE will clear the resistance area.　　Dogecoin Price Faces Resistance at $0.098　　In an X post, Martinez used a cost basis distribution heatmap to assess DOGE levels. According to him, Dogecoin is testing a major resistance zone near $0.098. His cost basis distribution heatmap shows that roughly 28 billion DOGE previously changed hands around this level.　　Dogecoin Price Analysis by Ali Martinez. Source: X　　That large concentration of historical supply makes $0.098 an important barrier for the current move. DOGE would need to break above this zone before shifting attention to higher resistance levels.　　Discover more　　Financial technology news　　FINANCE　　Merchant Services & Payment Systems　　Martinez identifies $0.11 as the next supply wall. Around 4.98 billion DOGE previously traded near that level,

3 days agoIndustry

BlackRock CIO Dumps Stocks for High-Grade Bonds. Heres Why

BlackRocks Rick Rieder is cutting stocks. He says high-grade bonds paying 7% to 8% now beat the 10% to 12% he expects from equities.　　Rieder is chief investment officer of global fixed income at BlackRock and oversees about $2.4 trillion. He spoke on Yahoo Finances Sozzi Unleashed about the 10-year Treasury yield above 5%.　　Why the US Treasury Yield Matters　　The 10-year yield is the interest rate the US government pays to borrow for a decade. It shapes mortgage rates, company loans, and stock prices.　　This month it rose above 5% for the first time since 2007. TradingView data shows it at 5.167% on Sept. 26, with the 30-year yield at 5.49%.　　10-Year US Treasury Yields. Source: TradingView　　The Federal Reserve raised its benchmark rate to 3.75%–4% on September 16, its first hike in more than three years. Rieder called the moment “not a crisis, but an eye-opener.”　　Rieder graded stocks a B-minus, lower than he had for a long time. He still likes chipmakers and memory storage, where he sees order backlogs. However, higher inflation-adjusted rates and slowing AI growth weigh on the rest of the market.　　An income fund he runs yields 7.2% with an A-minus credit rating. It also holds bonds that mature or reset

3 days agoIndustry

Zano rolls blockchain back a month after Gateway Address exploit

Zano has rolled back approximately a month of blockchain history after a vulnerability involving Gateway Addresses allowed unauthorized ZANO and Freedom Dollar to enter circulation, according to its core team.　　The Zano blockchain has been restarted at block 3,833,000, immediately before Hard Fork 6, which introduced the affected feature. The recovery requires participating nodes, miners, stakers, exchanges and other services to adopt the update, the team said Sunday.　　The rollback invalidates a month of legitimate transactions along with the unauthorized tokens, meaning transactions made during that period will no longer appear on the recovered chain and may need to be reconciled. It also cannot reverse payments already settled on other blockchains. The team said it is working to account for any losses and will publish a reimbursement and claims process.　　“Doing nothing meant unauthorized ZANO and fUSD in circulation without limit, diluting every holder and breaking the most basic promise a currency makes: a fixed supply,” said Zanos head of marketing and growth Quinten van Welzen. “It would also tell every future attacker that exploited coins get to keep their value. No project survives that.”　　Zano identifies Gateway Address exploit　　Zano has not released a post-mortem at the time of publication, but confirmed the issue

3 days agoIndustry

A $202 billion US Treasury settlement hits September 30, and it could trigger a surprise move in Bitcoin

A $202 billion U.S. Treasury coupon settlement on Sept. 30 will test overnight financing at quarter-end. The Federal Home Loan Bank of New York says the market is calm for now but warns that net new supply could lift repo borrowing rates. Whether that pressure reaches Bitcoin is a separate, unobserved question.　　Related Asset Bitcoin #1 BTC · $84,005.19 24-hour change: down 0.31% Loading price history… 24H Down 0.31% 7D Up 2.89% 30D Up 8.13%　　The Treasury calendar puts a reopened 10-year inflation-protected bond and two-, five- and seven-year notes on Wednesdays settlement date. The TIPS, two-year, five-year and seven-year announcements set public face amounts of $19 billion, $69 billion, $70 billion and $44 billion, respectively, totaling $202 billion.　　Treasury also estimates $143.58 billion of publicly held coupon debt will mature that day, leaving $58.42 billion of net new face value. That is a measure of securities issued beyond maturities, not an observed cash drain or fall in bank reserves. Auction prices, inflation adjustments and Treasury spending can change the cash effect. Bills auctioned just before quarter-end are scheduled to settle Oct. 1, outside this coupon figure.　　The New York Feds current schedule calls for roughly $15.6 billion of reinvestment purchases over Sept. 15

3 days agoIndustry

THORChain under fire over Bitget, ETH evolves beyond blockchain: Hodlers Digest

ThorChain under fire because it wont blacklist stolen Bitget funds　　Stop me if youve heard this before: A centralized exchange with lax security gets hacked by the North Koreans for $387.5 million, and then somehow shifts the blame game onto a decentralized exchange for not blacklisting the addresses.　　The drama began on September 25 when the Asian focused exchange Bitget revealed $351.6 million in “unauthorized transfers” but it later upgraded the tally to $387.5 million. It said a preliminary investigation had linked the IP addressees to VPN services used by a North Korean hacking group.　　While that isnt firm proof, CEO Gracy Chen said its investigators had flagged other similarities with previous thefts.　　North Korean hackers were believed to be behind the $1.5 billion Bybit exchange hack, and much of the funds from that attack were then swapped on the decentralized exchange THORChain (which is not a mixer and funds can still be traced after being swapped).　　Chen then publicly called on THORChain to block the addresses linked to the attack. “Decentralization is a design principle, not a shield for facilitating known stolen funds,” she thundered. Thorchain politely said no dice, which has set off a massive debate over whether they can or should comply

3 days agoIndustry

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