KLEA Crypto Daily: Monday, September 08, 2025

Published: September 9, 2025 – 00:04 UTC

Here’s a look back at the key stories from September 08, 2025.

Ledger CTO Warns Users to Pause Onchain Transactions Amid Supply Chain Attack

Ledger’s CTO issued an urgent warning about a large-scale supply chain attack targeting the global JavaScript ecosystem, potentially impacting countless websites, apps, and crypto projects. Users are advised to be cautious with onchain transactions to avoid potential risks.

Kazakhstan President Announces Creation of National Digital Asset Fund

Kazakhstan's President revealed plans to establish a "National Digital Asset Fund" to build a strategic crypto reserve, aiming to invest in promising assets. This move signals the country's interest in embracing digital assets and blockchain technology.

SwissBorg Loses $41M in SOL After Partner API Compromise Affects Earn Program

Swiss crypto platform SwissBorg experienced a $41 million theft due to a partner API compromise, affecting 1% of users. The company's CEO confirmed the incident and stated full user compensation will be provided.

QuantumScape Stock Surges on Breakthrough in Solid-State Battery Technology

QuantumScape's stock rose over 35% following a breakthrough in solid-state lithium-metal battery technology. The new Cobra separator method enhances energy density, charging speed, and safety in electric vehicle batteries, positioning the company for significant growth.

Crypto Users Warned to Stop Transacting as Massive Exploit Threatens Apps and Wallets

Security experts are advising crypto users to be very careful as a large-scale supply chain exploit could be used to swipe funds.

Worldcoin Surges More Than 40% After Nasdaq Firm’s $250M WLD Treasury Strategy Announcement

WLD surged over 40% on September 8 after Eightco Holdings announced a $250 million private placement to implement a WLD treasury strategy. The announcement also caused Eightco’s stock to soar over 4,300%, reaching a high of $77.92.

Ex-Celsius CEO Set to Start 12-Year Prison Sentence This Week

Alex Mashinsky pleaded guilty to two felony counts in December, admitting in court to making false statements about the platform’s Earn Program.

Bybit’s WSOT Achieves New Guinness World Records™ Title With Highest Number of Online Trading Participants in a Day

Bybit's World Series of Trading (WSOT) 2025 event has set a new Guinness World Records title for the Most Participants in an Online Trading Competition within 24 Hours, with 71,765 participants. This achievement marks a significant milestone in the cryptocurrency industry, highlighting Bybit's commitment to reshaping crypto history.

Bitcoin Stuck Tracking Nasdaq as Fed Decision Looms: ‘Still Very Bullish’

Despite global economic uncertainties, Bitcoin's correlation with risk-on assets like the Nasdaq 100 persists, hindering its role as a safe-haven asset. The lack of decoupling from traditional markets and minimal correlation with gold and Treasury bonds raise concerns about Bitcoin's performance amidst market fluctuations.

Nasdaq Seeks SEC Nod to Bring Tokenized Securities Into US Trading

Nasdaq has filed a proposal with the SEC to enable trading of tokenized securities on its main market, alongside traditional ones. This move could mark the first instance of tokenized securities trading on a US exchange, bridging blockchain technology with traditional market infrastructure.

Strategy Buys Another 1,955 Bitcoin for $217 Million Amid S&P 500 Snub as Holdings Reach

Strategy Inc. disclosed the purchase of 1,955 Bitcoin for $217 million, further solidifying its position as the largest corporate Bitcoin holder. With a total of 638,460 BTC worth $47.17 billion, Strategy reported a 25.8% Bitcoin yield in 2025, maintaining a significant lead in public Bitcoin holdings.

Grayscale Seeks SEC Approval for Spot Chainlink ETF in US

Grayscale has filed with the SEC to convert its Chainlink Trust into a spot ETF, set to trade on NYSE Arca under the ticker GLNK. This move aligns with Grayscale's broader strategy to offer spot ETFs.

Brazil’s $19B Bitcoin Reserve Plan—Experts Debate Timing and Risks

Brazil is considering allocating $19 billion of its reserves into Bitcoin, sparking major discussions globally. If approved, Brazil would be the largest economy to directly back Bitcoin with sovereign wealth, marking a significant shift in financial strategy.

HKMA Unveils Phase 2A Prototype for Sustainable Finance Taxonomy

The Hong Kong Monetary Authority has introduced enhancements to promote green finance through the Phase 2A prototype of the Hong Kong Taxonomy for Sustainable Finance, initiating a public consultation to drive sustainable financial practices.

Crypto Phishing Losses Surpass $12 Million, Driven by Ethereum-Focused Exploits

Phishing scams in the cryptocurrency space saw a significant surge in August, resulting in over $12 million in losses, with hackers exploiting Ethereum EIP-7702-based vulnerabilities. The number of victims affected by these scams rose by 67% compared to the previous month.

AxioraSwap Launches a Cross Chain Decentralized Trading Ecosystem

AxioraSwap, a decentralized exchange protocol, has introduced new features to enhance cost efficiency, execution speed, and user privacy. With lower fees and faster execution times, AxioraSwap aims to provide a competitive and transparent trading environment for users.

Source: KLEA News