Month: September 2025

What is MYX Finance, and Why Has It Soared 1,400% in the Past Week?

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Key takeaways: MYX token soared 1,400% to $18.42 in the past week on Trump-linked listings and other factors. Analysts warn of red flags warning of price plunging 70–85% next. MYX Finance (MYX) has exploded nearly 1,400% in a week, climbing to an all-time high of $18.42 on Wednesday. MYX/USDT daily price chart. Source: TradingView What is MYX Finance? MYX is a decentralized perpetual exchange that uses a unique system called the Matching Pool Mechanism (MPM). Instead of a standard order book or AMM, it matches traders through a shared pool…

XLM Charts Signal $1 Move as Pattern Takes Shape

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TL;DR XLM forms inverse head and shoulders with a neckline at $0.50, with a potential target near $1.00. SuperTrend flips bullish above $0.372, showing short-term reversal with support at $0.37 zone. Net inflow of $874.71K signals mild selling pressure, but overall sentiment remains consolidated. Pattern Structure Builds Toward Breakout Stellar (XLM) is forming an inverse head and shoulders pattern on the 12-hour chart, according to analysis shared by crypto analyst Ali Martinez. The pattern includes a left shoulder in the January–February period, a lower low in April–May forming the head,…

Polygon Experiences Finality Disruption Due to Bor/Erigon Node Bug

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Polygon is experiencing a temporary delay in consensus finality because of a bug affecting the Bor and Erigon nodes, according to an official incident report on its status page.  The issue, which began early on Wednesday, disrupted some Remote Procedure Call (RPC) services and caused apps built on the network to encounter access issues. While the Polygon blockchain remains live and continues producing blocks, a number of RPC providers and validators were forced to rewind to the last finalized block and resynchronize.  The Polygon team confirmed that the bug is…

Kraken Launches Tokenized Stocks By Backed In Europe

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US crypto exchange Kraken is the latest platform to introduce tokenized securities in Europe, following an initial rollout in June. Kraken has officially launched Backed’s tokenized securities offering, xStocks, to eligible European investors, the exchange told Cointelegraph on Wednesday. The European expansion comes months after Kraken teased its tokenized stocks integration with Backed on the Solana blockchain in May, with plans to launch the offering to clients in over 140 countries globally. The initial rollout “essentially covered all countries” except for the US, the United Kingdom, Canada, Australia and the…

Solana (SOL) Stays Strong – Can Bulls Fuel the Next Breakout?

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Solana started a fresh increase above the $215 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $205 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $216 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance…

SEC targets US firms linked to suspected Chinese pump and dump scams

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Key Takeaways The SEC is focusing on US companies connected to suspected Chinese pump and dump scams. Regulatory actions aim to address facilitation or involvement in manipulative trading by American firms. Share this article The Securities and Exchange Commission is targeting US companies connected to suspected Chinese “pump and dump” schemes, according to a Financial Times report today. The regulatory action focuses on American firms that may have facilitated or been involved in manipulative trading practices originating from Chinese operations. Pump and dump schemes typically involve artificially inflating a security’s…

Asset Entities Rallies on Strive Merger to Make Bitcoin Play

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Shares in the marketing firm Asset Entities (ASST) rose 52% in after-hours trading on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC). The new company will be renamed to Strive, Inc. and continue trading under the ticker ASST. Asset Entities shares closed trading on Tuesday up 17.8% at $6.28 and rallied over 52% after-hours to…

Crypto-Stealing Malware Infiltrates Core JavaScript Libraries Used by Millions

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The NPM (node packet manager) account of developer ‘qix’ was compromised, allowing hackers to publish malicious versions of his packages. The attackers published malicious versions of dozens of extremely popular JavaScript packages, including fundamental utilities. The hack was massive in scope since the affected packages have over 1 billion combined weekly downloads. This attack on the software supply chain specifically targets the JavaScript/Node.js ecosystem. NPM Supply Chain Attack Popular dev qix fell victim to phishing. Malicious code injected into npm packages now hijacks crypto transactions at signing. Attack method:• Hooks…

XRP Rally To $3.60 Must Include More Than ETF Approval

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Key takeaways: Bloomberg analysts assign 95% odds for an XRP ETF, with a SEC decision expected for October. XRPL adoption lags peers, holding just 2% of Real World Assets despite stablecoin growth. XRP (XRP) price faced rejection on Tuesday after reaching its highest level in nearly two weeks at $3.04. The move was driven by speculation around a potential XRP exchange-traded fund (ETF) approval in the United States and increased institutional participation in XRP derivatives, raising expectations about whether XRP might revisit the $3.60 level seen in July. XRP futures…

SEC delays Bitwise Dogecoin and Grayscale Hedera ETF decisions to November

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The US Securities and Exchange Commission (SEC) delayed decisions on the Bitwise Dogecoin ETF and the Grayscale Hedera ETF, keeping both applications under review until November 12. On Tuesday, the SEC pushed back its deadline on NYSE Arca’s proposal to list the Bitwise Dogecoin ETF. The application was first filed in March and published in the Federal Register on March 17, beginning the statutory review period. That same day, the agency also extended its review of Grayscale’s application to list the Hedera ETF, setting the same November deadline. Grayscale updated…