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In Brief YZi Labs invested $50 million in stablecoin network BPN for global payment expansion. BPN aims to reduce finance transfer times, lowering costs with innovative technology. BPN targets providing regional stablecoin support in emerging markets by year's end.
Nexchain AI leads October 2025's top crypto presales with Testnet 2.0 launch, 100% bonus, and $5M airdrop rewards.1. Nexchain AI: A Revolutionary AI Blockchain in the Spotlight2. HuntFi: Move-to-Earn Meets AI in a Telegram-Powered World3. LivLive: Turning Real-World Activity Into Blockchain-Powered Rewards4. Mono Protocol: Simplifying Blockchain With Chain Abstraction
Nexchain AI advances its crypto presale with Testnet 2.0, offering 100% bonus, AI-driven security, and $5M airdrop rewards.Testnet 2.0 Begins the Road to Full Ecosystem ExpansionAI-Based Infrastructure Designed for Enterprise-Grade UtilityPresale Progress Continues Through High-Demand Funding StagesCommunity Rewards Through Ongoing Airdrop Campaigns
DeFi leaders like Aave and Synthetix are boosting Ethereum L1 as chains like Ronin and Celo shift to L2s.DeFi Leaders Reignite Ethereum Layer 1Chains Pivoting to Layer 2sEthereum’s Role as the Base Settlement Layer
- 00:48Texas company sues Tether, alleging illegal freezing of $44.7 million USDT and loss of significant investment opportunitiesJinse Finance reported that in April this year, stablecoin issuer Tether froze $44.7 million USDT at the request of Bulgarian police. Now, Texas-based consulting firm Riverstone has officially filed a lawsuit, accusing Tether of illegally freezing its tokens and causing it to miss significant investment opportunities. According to the complaint filed with the Southern District Court of New York, on April 4, Tether froze assets in eight offline wallets controlled by Riverstone. The company claims that Tether froze the assets solely based on a request from a local Bulgarian police station, which constitutes a "procedural flaw" as it did not follow the formal process stipulated by the "Bulgarian International Judicial Assistance Treaty," which requires information exchange through central authorities and diplomatic channels. The complaint states that when Riverstone contacted Tether, it was told to communicate directly with the Bulgarian police, but the police never responded. Currently, the circulation of Tether stablecoins exceeds $180 billions, and as of September 15, Tether has cooperated with global law enforcement agencies to freeze $3.2 billions USDT.
- 00:41Maji Big Brother's assets have shifted from a profit of $43.6 million to a loss of over $13 million in the past 30 days.According to Jinse Finance, as monitored by Onchain Lens, after multiple liquidations, Machi Big Brother sold 2.02 million PNKSTR tokens at a price of 36 ETH (worth $141,000), incurring a loss of $234,000. Subsequently, he deposited 47.43 ETH (worth $190,000) to the HyperLiquid platform and sold these ETH to increase his ETH long position with a leverage of up to 25 times. In the past 30 days, his assets have shifted from a profit of $43.6 million to a loss of over $13 million, with the asset difference decreasing by more than $56.6 million.
- 00:41Tether faces a $44.7 million stablecoin freeze lawsuit, with the plaintiff claiming missed investment opportunities due to non-compliant freezing actions.ChainCatcher reported that recently, Texas-based consulting firm Riverstone has officially filed a lawsuit, accusing stablecoin issuer Tether of illegally freezing its tokens and causing it to miss significant investment opportunities. According to the complaint filed with the Southern District Court of New York, Tether froze assets in eight offline wallets controlled by Riverstone. The plaintiff claims that Tether froze the assets solely based on a request from a local police station in Bulgaria, which constitutes a procedural flaw, as it did not follow the formal procedures stipulated by the "Bulgarian International Judicial Assistance Treaty." The complaint states that when Riverstone contacted Tether, it was told to communicate directly with the Bulgarian police, but the police never responded. Currently, Tether's stablecoin circulation exceeds 180 billions USD, and as of September 15, it has cooperated with global law enforcement agencies to freeze 3.2 billions USD in USDT.