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Korean retail investors shift $657 million from Tesla to cryptocurrency firms
FinanceFeeds· 2025-09-26 08:53
Korean retail investors, known as “Seohak ants,” sold off a massive ₩916.3 billion (approximately USD 657 million) worth of Tesla shares in August and shifted their investments toward cryptocurrency-related companies. The funds were funneled primarily into U.S.-listed crypto firms such as Coinbase and Circle, a move that has also sparked growing interest in coins scheduled to be listed on Coinbase.Coinbase is the largest cryptocurrency exchange in the United States and the first virtual asset company to be ...
SharpLink and Superstate Launch SEC-Registered Tokenized Equity on Ethereum with SBET Shares
Yahoo Finance· 2025-09-25 15:00
SharpLink Gaming, Inc. (Nasdaq: SBET) plans to tokenize its SEC-registered common stock directly on the Ethereum blockchain, the firm announced on Thursday. The move will be executed in partnership with Superstate, a financial technology firm specializing in digital transfer agency services. SharpLink said it will use Superstate’s Opening Bell platform. SharpLink said it aims to showcase how public companies can use blockchain to create shareholder value, improve efficiency, and modernize capital markets ...
SEC-Registered Equity Comes to Ethereum: Superstate and SharpLink Partner to Launch Tokenized SBET on Ethereum
Globenewswire· 2025-09-25 12:00
First Public Company to Natively Issue Equity on the Ethereum Blockchain; Collaboration to Explore Regulated Trading of Tokenized Shares on Automated Market Makers Minneapolis, MN, Sept. 25, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced its intention to tokenize its SEC-registered common stock directly on the Ethereum blockchain, ...
'Investing In Decentralized Finance Today Is Like Investing In The Internet In 2002,' Bitwise Investment Chief Matt Hougan Says
Yahoo Finance· 2025-09-25 00:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The decentralized finance sector may offer a once-in-a-generation investment opportunity, according to Bitwise investment chief Matt Hougan. ​ "Investing in DeFi today is like investing in the internet in 2002," Hougan said Monday on X. "Everyone wrote off the internet after the dotcom crash, but the underlying growth didn’t stop. Turns out, 2002 was the best year ever to buy leading internet names. Same ...
Solana Grew This Key Metric by 198% in 1 Year, But Is It a Buy?
Yahoo Finance· 2025-09-24 22:23
Key Points Solana's ecosystem is increasing in value rapidly. That suggests there will be plenty of demand for the coin. There's also a big new growth driver that's starting to pick up speed even more than before. 10 stocks we like better than Solana › Money that briefly passes through a platform says one thing about that platform's value, but money that settles in and gets to work says something very different, and far more bullish, about both user conviction and the platform's future cash flows ...
Solstice Taps Chainlink, Ceffu for Solana-Based USX Stablecoin Launch
Yahoo Finance· 2025-09-24 22:10
DeFi protocol Solstice Finance has announced strategic partnerships with data provider Chainlink and custody firms Ceffu and Copper. The collaborations are intended to support the upcoming launch of USX, a new stablecoin built on the Solana network. According to a press release published on Sept. 24, Solstice will integrate Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This service is designed to allow the USX stablecoin to be transferred securely across different blockchains. Stablecoin innov ...
Avalanche (AVAX) DEX Volumes Hit $1.3B All Time-High Amid Scaramucci-led Treasury Fundraise
Yahoo Finance· 2025-09-24 20:53
Avalanche gained another 2.5% on Sept. 24, consolidating near the $35 level. The move comes despite negative reactions to the Fed’s Sept. 18 rate cut, which has weighed heavily on the broader crypto market, capping BTC below $115,000 and ETH under $4,200. On-chain data trends suggest Avalanche’s price resilience in recent weeks is tied to rising DeFi activity. DefiLlama data shows Avalanche DEX volumes surged to a record $1.3 billion intraday on Sept. 24, breaching the 2025 peak of $1.18 billion set on Sep ...
DeFi Development Unveils Bold $100 Million Buyback Plan
Yahoo Finance· 2025-09-24 17:04
DeFi Development Corp. (NASDAQ:DFDV) said on Wednesday its board of directors approved a significant expansion of its existing share repurchase program. The authorization has been raised from $1 million to as much as $100 million of the company's common stock, the firm said in a statement. The program allows DeFi Development to repurchase common shares in the open market under Rule 10b-18 of the Securities Exchange Act, subject to market conditions and regulatory requirements. Also Read: DeFi Development ...
Aave Crypto is Set to Put OKX’s X Layer Back in the Game
Yahoo Finance· 2025-09-24 16:16
Aave’s planned Aave v3 deployment could turn OKX’s X Layer from a niche L2 into a serious DeFi venue. Aave v3, one of DeFi’s largest lending protocols, is preparing to launch on X Layer, the Ethereum Layer-2 network developed by crypto exchange OKX. The rollout is expected “in the coming weeks,” The deployment aims to build a core lending market on X Layer and strengthen its liquidity base. X Layer currently trails major Layer-2 networks in total value locked (TVL), with DefiLlama data showing deposits f ...
USDH Stablecoin Goes Live on Hyperliquid with $2.2M Early Trading Volume – Can it Replace Tether?
Yahoo Finance· 2025-09-24 15:08
Hyperliquid’s native stablecoin, USDH, launched on September 23 with $2.2 million in early trading volume. The launch follows Native Markets’ victory in a competitive governance vote that saw the startup defeat established players, including Paxos and Ethena Labs, for the right to issue USDH on the decentralized exchange. Trading commenced with a USDH/USDC spot pair on HyperCore, while Native Markets reported over $15 million in pre-minted tokens prepared for initial distribution. The stablecoin maintai ...