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The U.S. Securities and Exchange Commission (SEC) has issued a no-action letter to DoubleZero, allowing it to proceed with the distribution of its network's native tokens without regulatory concerns. This decision is significant for decentralized physical infrastructure networks (DePIN), as it indicates a more favorable regulatory stance

SOL experienced a sharp decline to $204.17 amid concerns over a U.S. government shutdown set for Oct. 1, following failure to reach a funding agreement. Despite this decline, pro traders capitalized on the dip, with institutional investors stepping in to buy. Retail leveraged longs were particularly impacted by

Issuers of Solana ETFs are anticipating SEC approval possibly next week, as reports indicate a 'high conviction' for their approval in early October. This anticipation follows the SEC's recent endorsement of generic listing standards for crypto exchange-traded products (ETPs) and numerous amended Solana fund submissions. However,

President Trump signed an executive order directing the National Institutes of Health (NIH) to allocate $50 million for artificial intelligence (AI) projects aimed at enhancing childhood cancer research and treatments. The initiative will fund scientific teams to improve clinical trials, sharpen diagnoses, enhance treatments, discover cures, and strengthen prevention strategies

Phantom, a prominent crypto wallet provider, has launched its own stablecoin named CASH, which is designed to facilitate transactions within its new financial platform, Phantom Cash. The stablecoin is pegged to the U.S. dollar and was developed in collaboration with Stripe and Bridge, utilizing Bridge's infrastructure to

Bitcoin pro traders are cautious following a flash crash to $112.6K, amid heightened put option premiums indicating unease in the market. US job openings have fallen to near five-year lows, raising concerns about the economy and potential recession risks. Despite BTC's recent rise to $114K, attempts to

Bitcoin (BTC) experienced a flat performance as most altcoins faced declines on a day marked by the looming U.S. government shutdown. Following a 2% drop, Bitcoin managed a slight recovery, trading around $114,300. Analysts from Bitfinex have warned that the shutdown could hinder regulatory efforts and delay the