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

A Denver pastor and his wife were found guilty of defrauding investors by selling crypto tokens for their church, violating state securities laws. The couple must repay $3.39 million and face criminal charges, including racketeering and securities fraud.

Last week, Bitcoin exchange-traded products globally saw a strong net inflow of 20,685 BTC, the highest since July 22, boosting U.S. spot bitcoin ETFs' holdings to 1.32 million BTC. The surge in demand, particularly from U.S. Bitcoin ETF products, signals potential price support and increased risk appetite.

The class action against TaskUs in New York now includes claims of systemic security failures and concealment related to a breach involving Coinbase customer data. TaskUs employees in India were allegedly bribed to share sensitive account information with criminals, leading to the dismissal of around 300 employees.

Binance is negotiating with the U.S. Justice Department to potentially remove the requirement for an outside compliance monitor as part of its $4.3 billion settlement., according to a Bloomberg report citing unnamed sources. The DOJ has been reconsidering the use of independent oversight, with several companies already having monitors eliminated.

President Donald Trump has filed a $15 billion defamation lawsuit against the New York Times, claiming economic losses to his brand and businesses due to false reporting. The lawsuit specifically mentions harm to his Solana meme coin project in Florida.

Bitwise has filed paperwork for an Avalanche ETF, utilizing Coinbase for custody. Avalanche, home to AVAX, competes with Ethereum by providing a faster, cheaper blockchain for developers. AVAX's value rose over 6% in 24 hours. VanEck and Grayscale have also previously filed for AVAX ETFs.

Google announced the creation of an open-source protocol for agent payments, backed by major crypto and traditional payment companies. The Agent Payments protocol aims to enable AI agents to conduct financial transactions seamlessly with users, merchants, and payments providers.

TD Cowen analyst Lance Vitanza noted that some Bitcoin treasury firms are trading at discounts due to shifting stock prices, hindering their ability to issue common shares for funding. Strategy, with $73.49 billion in Bitcoin, maintains a premium ratio known as mNAV.

According to a recent survey, Ethereum core developers could earn over double their current median salary of $140,000 by working on other blockchains. This pay gap may hinder Ethereum's progress and expose developers to potential influence payments.

SharpLink Gaming has repurchased one million shares of SBET at an average price of $16.67, expanding its ETH holdings modestly by adding 922 ETH since August 31. The firm aims to align the interests of SharpLink, Ethereum, and shareholders by strategically deploying digital assets.