Sudoswap Proposal to Distribute Fees Leads to 225% Surge in SUDO Token Value

MoneyGram has launched a new mobile app in Colombia using USD-pegged stablecoins on the Stellar blockchain to modernize cross-border remittances. The app allows instant money transfers into a US dollar balance backed by Circle’s USDC stablecoin, addressing the volatility of local currencies like the Colombian peso.

Myriad users are currently predicting whether the next batch of Rekt Drinks, a "Moon Crush" flavor made with MoonPay, will sell out in under five minutes. The project has evolved from a crypto inside joke to a meme token, NFT collection, sparkling water brand, and Web3-native lifestyle experiment.

The Federal Reserve cut the federal funds rate by 0.25% due to economic concerns, including a decrease in job creation and signs of a faltering economy. President Trump has criticized the Fed for not acting sooner, leading to ongoing tensions between the White House and the central bank.

Kalshi, a CFTC-regulated exchange, launched KalshiEco Hub in collaboration with Solana and Base to foster a community around prediction markets. The hub provides grants, technical support, and marketing assistance to selected projects, while enabling native deposits of SOL and USDC tokens.

Bullish's shares surged 5% after obtaining licenses from New York regulators, allowing it to operate in the U.S. as a digital asset trading and custody business. The company's CEO emphasized the importance of regulatory compliance and building trusted infrastructure in global markets.

Banking organizations under the supervision of the New York State Department of Financial Services are directed to integrate blockchain analytics tools to mitigate money laundering and sanctions risks. The guidance, issued on Sept. 17, applies to state-chartered banks and branches of foreign institutions licensed in New York.

Metaplanet, a Tokyo-listed hotel group with $2.3 billion in Bitcoin, is expanding to the U.S. by establishing a subsidiary in Miami. The new firm, Metaplanet Income Corp., will focus on income-generation activities through derivatives operations.

Wormhole has introduced a new reserve to collect protocol revenues and support the W token, implementing a 4% base yield for stakers and governance participants. The reserve will accumulate onchain and offchain revenues to maintain the token's value long-term.

A raise of nearly $7 million led by former BitMEX boss Arthur Hayes has been invested into Bio Protocol, a decentralized science platform focusing on AI tools for biotech funding and drug discovery. The funding aims to advance AI-driven decentralized science and revolutionize research processes in the DeSci sector.

CME Group is set to launch Solana and XRP futures options in October, pending regulatory approval. The new contracts will offer traders different sizes and expiries, following the success of bitcoin and ether futures introduced earlier.