The Sui Foundation has announced an expanded $10 million security initiative to safeguard its blockchain ecosystem. The multi-year program will prioritize the security of builders, applications, and users while establishing higher standards of security across the network. Core areas include end-user protection, ecosystem-wide visibility, advanced protocol security, and secure development practices. 🛡️💸
The altcoin realm, led by the tragically overhyped Ethereum and Binance Coin, joined the BTC’s masquerade. Together, they waltzed into a 2.1% market cap rebound, now lingering at $3.94 trillion-a mere shadow of grandeur, yet enough to make one’s heart flutter with existential dread.
The SEC, that meticulous arbiter of market morals, is poring over the manuscript, with October’s verdicts promised like an autumn sunset. The amendment reveals how redemptions in kind would pirouette from fund to investor and clarifies the choreography of staking procedures, all performed under the watchful eye of a room full of clocks. ⏳💫
BeInCrypto has analysed three such meme coins that investors should watch as Q3 begins. Or, as I like to call them, the “I’ll bet my last dollar on this” trio. 🤪
The plot thickened after July’s cyberattack on C&M Software, where hackers bought insider credentials for less than a Parisian croissant ($2,700) and proceeded to drain $140 million from six banks. On-chain sleuth ZachXBT later revealed that $40 million vanished into crypto laundromats-because nothing says “financial innovation” like Bitcoin-powered money laundering. 🌌
But, as always, there are some brave souls still holding onto their crypto stocks. They’re being propped up by institutional adoption and ecosystem developments that could bring about a *comeback*-you know, the kind that gets people talking. Keep an eye on COIN, MIGI, and ELWS this week. 🎯
They had not acted on mere whim. No, this act was born of a recent capital raise, completed less than a week past, on the 23rd of September-such a mouthful of dates and coins it makes one’s head spin. From the proceeds of issuing new shares, the company stitched its treasury ever tighter, weaving a tapestry of digital fortune.
One must take note, dear reader, that the native token of Stellar, the ever-fashionable XLM, made quite the spirited ascent over the previous 24 hours. It flounced from a modest $0.36 to a proud $0.37 amidst a bustling trading soirée. This movement was no mere happenstance, but rather composed of two distinct moments of breakout delight: an elegant evening surge at 22:00 on September 28, catapulting prices to $0.37 with volumes nearly double the customary daily average, followed by a spirited reprise upon the dawning hour of 13:00 the next day, bolstering said bullish festivities. Both occasions were graced by volumes exceeding 31 million units, evidencing an interested and rather crowded ballroom.
The latest hourly chart is basically a drama series: Price drops from $0.82 to below $0.70, and open interest? It’s taking a nap. Traders are liquidating like it’s the end of the world (which, honestly, it kind of is). 📉
And now, dear reader, traders cast their gazes upon a seemingly magical threshold. A line that, like a wise elder, holds the power to guide them through the final quarter of 2025. Oh yes, this is the 50 EMA, that shimmering “Golden Line” that all are now watching with bated breath.