KLEA Crypto Daily: Friday, September 12, 2025

Published: September 13, 2025 – 00:03 UTC

Here’s a look back at the key stories from September 12, 2025.

Polygon Labs Partners with Cypher Capital to Boost Institutional Access in the Middle East

Polygon Labs has teamed up with Cypher Capital to enhance institutional access to the Polygon blockchain in the Middle East. This collaboration aims to introduce professional investors to real yield opportunities within the Polygon ecosystem.

Another Day, Another Record: Bitcoin’s Computing Muscle Flexes Harder

Bitcoin's hashrate reached a new all-time high of 1.057 zettahash per second, showcasing the network's increasing computing power. This milestone underscores Bitcoin's robustness and continued growth in the cryptocurrency space.

WisdomTree Introduces Tokenized Private Credit Fund

WisdomTree has launched a tokenized private credit fund as the market surpasses $16 billion, signaling the continued growth of tokenized alternative funds in the evolving financial landscape.

New Malware 'ModStealer' Targets Crypto Wallets

A newly discovered malware named ModStealer is targeting cryptocurrency users across macOS, Windows, and Linux, aiming to steal private keys, certificates, and browser wallet data. The malware remained undetected by major antivirus tools for almost a month, emphasizing the need for enhanced security measures in the crypto space.

VanEck Pursues First Hyperliquid Spot Staking ETF in the U.S., ETP in Europe

VanEck, a major asset manager, is seeking approval for the first spot staking exchange-traded fund (ETF) linked to Hyperliquid's native token, HYPE, in the U.S. Simultaneously, they plan to launch a rival exchange-traded product (ETP) in Europe, bridging decentralized finance with traditional investment frameworks.

Tether Rolls Out USAT Stablecoin With Ex-Trump Adviser Bo Hines as CEO

Tether, the largest stablecoin issuer, has introduced USAT, a U.S.-regulated dollar-backed stablecoin aimed at institutional clients. The stablecoin, governed by strict compliance standards under the GENIUS Act, is set to provide regulated access to the digital dollar, with Bo Hines, a former Trump adviser, appointed as CEO.

IMF Insists El Salvador Isn’t Buying More Bitcoin—So What’s Going On?

Conflicting statements arise as Salvadoran president Nayib Bukele claims to purchase 1 BTC daily, while the IMF denies this. The discrepancy raises questions about the actual Bitcoin acquisition activities in El Salvador.

Gemini Priced IPO at $28 per Share, Raising $425 Million

Gemini successfully priced its IPO at $28 per share, raising $425 million and valuing the company at about $3.3 billion. The offering was 20 times oversubscribed, with trading commencing on Nasdaq under the symbol GEMI.

DOJ Signals Approach to Digital Assets – What It Means for Developers and Platforms

Acting Assistant Attorney General Matthew R. Galeotti's recent remarks at the American Innovation Project Summit shed light on the Department of Justice's enforcement priorities within the digital asset ecosystem. This signals potential implications for developers and platforms operating in the space.

Dogecoin Price Rises Despite Latest Delay of US DOGE ETF Launch

Dogecoin gained around 4% to reach $0.26 despite Bloomberg’s Eric Balchunas reporting that the first US DOGE ETF faces another delay.

BTC Surges to $115,000 as Whale Accumulation Drives Recovery

Bitcoin hits $115,000 with 0.83% daily gains as mid-sized whales accumulate over 3.65M coins, signaling renewed institutional confidence despite recent volatility.

UK Bitcoin Treasury Company Smarter Web Company Weighs Acquisitions

UK Bitcoin treasury firm Smarter Web may consider acquiring competitors at a discount, aiming for FTSE 100 status despite stock declines, according to CEO Andrew Webley.

BTC Payments in Forex Trading: Benefits, Risks, and Broker Adoption

Bitcoin is reshaping how forex accounts are funded, with traders increasingly using BTC for its global reach, fast settlement, and lower fees compared to traditional methods like wire transfers.

Crypto Funding Falls 30% in August Despite Strong Quarterly Performance

Crypto protocols raised $1.9 billion in August, down 30% from July, but still aligning with strong quarterly numbers. DeFi protocols dominated funding, attracting institutional capital across various sectors, surpassing Q2 totals in just two months.

Crypto ETFs Record Strong Inflows Amid Market Momentum

Bitcoin and Ethereum ETFs saw significant inflows, with U.S.-listed spot Bitcoin ETFs receiving about $553 million in net inflows. This continued institutional interest in crypto ETFs reflects a broader shift in sentiment towards digital assets as part of mainstream investment strategies.

Source: KLEA News