Pi Network’s PI price has crashed over 90% since its March debut, wiping out roughly $16–$18 billion in market cap as the token slid from about $2.79 to $0.26. The steep decline has reignited “rug pull” allegations from parts of the community, with commentators arguing that such a rapid drawdown erodes investor confidence and underscores fragile token economics.

Going forward, crypto stakeholders should closely watch whether this no-action letter becomes a precedent for other token projects that link blockchain incentives to real-world services. If so, DePIN adoption could accelerate, transforming how global infrastructure—from internet bandwidth to IoT devices—is deployed and monetized, while reassuring builders and investors that innovation can coexist with regulatory compliance.

Solana’s tokenized stocks ecosystem just surpassed $800 million in trading volume, flipping Ethereum’s share and capturing over 60% of a nearly $1.3 billion market. With faster, cheaper transactions and higher user activity, Solana [SOL] now leads the tokenized assets segment, while Gnosis logged ~$307M and Ethereum [ETH] trailed at ~$127M. This is a notable shift in market leadership within on-chain tokenized equities.

Australia has unveiled draft legislation to tighten oversight of crypto exchanges, bringing digital asset platforms under the same rules as traditional financial services. The proposal, described by Assistant Treasurer Daniel Mulino as the cornerstone of the government’s digital asset roadmap, would create two new financial products under the Corporations Act: “digital asset platforms” and “tokenized custody platforms.”

Forward Industries, a major player in the Solana ecosystem, has announced plans to tokenize $1.65 billion worth of stock using Superstate’s Opening Bell platform, further advancing the growing trend of real-world asset tokenization (RWA). The move follows recent developments by firms like Galaxy Digital, which have also embraced tokenization as a way to bridge traditional finance with blockchain-powered markets.

Japan’s third-largest credit card company, Credit Saison, has announced the launch of a $50 million blockchain venture fund aimed at supporting early-stage startups in the U.S. and helping them expand into Asia. The fund, named Onigiri Capital, has already raised $35 million and will focus on innovative projects in stablecoins, tokenization platforms, decentralized finance (DeFi), and digital payment infrastructure.

The Trump crypto ecosystem has come under intense scrutiny as both the TRUMP token and World Liberty Financial (WLFI) face mounting controversies. The TRUMP memecoin is flashing red on risk dashboards, ranking among the highest in leverage exposure compared to other altcoins like Ethena (ENA), Arbitrum (ARB), and Maker (MKR). Heavy speculation in TRUMP has left traders vulnerable to mass liquidations, raising questions about the long-term sustainability of politically themed

Binance has announced the listing of OpenLedger’s native token, OPEN, marking a key milestone for the AI-focused blockchain project. The listing follows its selection as the 36th project on Binance’s HODLer Airdrops program. Eligible Binance users who participated in Simple Earn or On-Chain Yields between August 18–21, 2025, will receive retroactive OPEN token distributions before trading begins.

World Liberty Financial (WLFI) token holders are being targeted by hackers exploiting Ethereum’s EIP-7702 upgrade, according to blockchain security firm SlowMist. The exploit, dubbed the “classic EIP-7702 phishing attack,” allows attackers to plant malicious delegate contracts within victim wallets once private keys are leaked. When unsuspecting users transfer Ether or receive WLFI tokens, the exploit lets hackers quickly drain the assets.

Global financial watchdogs, including the European Securities and Markets Authority (ESMA), the International Organization of Securities Commissions (IOSCO), and the World Federation of Exchanges (WFE), have urged the U.S. Securities and Exchange Commission (SEC) to take a tougher stance on tokenized stocks. In a joint letter to the SEC’s Crypto Task Force, they argued that tokenized equities are marketed as equivalent to real stocks but lack the investor protections of regul

SBI Holdings, a major Japanese financial group, and Startale Group, a Singapore‑based blockchain infrastructure firm, announced a strategic joint venture to build an on‑chain trading platform for tokenized stocks and real‑world assets (RWAs).

Chainlink’s LINK has reclaimed the $24 level for the first time since early February, extending a strong August run. The token posted a 35% weekly surge to kick off the month and is up about 42% month-to-date, outpacing Ethereum’s gains.

Tron Inc., formerly known as SRM Entertainment, has filed with the U.S. Securities and Exchange Commission to raise up to $1 billion in a bid to significantly expand its reserves of TRX, the native token of the Tron blockchain.

Popcat (POPCAT), a memecoin, recently experienced a significant surge, jumping 12.89% from a low of $0.34 to a monthly high of $0.41 before settling at $0.39. This rally was accompanied by a 76.23% increase in trading volume, reaching $100 million, signaling heightened on-chain activity.

The head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force, Hester Peirce, recently clarified that assets remain securities under federal law even if they are “tokenized”—that is, converted into digital versions and traded on a blockchain. In her statement, Peirce emphasized that blockchain technology, while innovative, does not change the fundamental legal status of the underlying asset.

Robinhood, the popular fintech platform, has launched tokenized U.S. stock options for users in the European Union, marking a significant expansion of its crypto and blockchain offerings. This move allows EU investors to access U.S. equities in a new, digital format, leveraging blockchain technology to make trading more accessible and efficient.

Cardano is planning a significant shift in its treasury management by converting part of its $1.2 billion reserves into Bitcoin. The strategy, outlined by founder Charles Hoskinson, involves using the yield generated from holding Bitcoin to buy back ADA tokens. This approach aims to create a feedback loop that gradually reduces ADA’s circulating supply and supports its price, potentially acquiring over 11,000 BTC and using any gains to purchase millions of ADA if Bitcoin’s pr

Visa and Chainlink, in collaboration with major financial institutions like ANZ, ChinaAMC, and Fidelity International, have successfully completed a pilot program that enabled a cross-border swap between Hong Kong’s central bank digital currency (CBDC), the e-HKD, and an Australian dollar stablecoin (A$DC).

Institutional confidence in stablecoins has reached unprecedented levels, with over 50% of the $3 trillion in digital asset transfers processed by Fireblocks involving stablecoins like USDT and USDC.

Tether, the issuer of the widely-used USDT stablecoin, has introduced its gold-backed token, XAU₮, on Maxbit, a cryptocurrency exchange based in Thailand.