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Command fleets or pilot mouthwatering starships in Nullspace, a strategy game with a "unique" take on the Fermi Paradox
Game Updates

Command fleets or pilot mouthwatering starships in Nullspace, a strategy game with a “unique” take on the Fermi Paradox

by admin September 26, 2025



Tasty-looking space games fill the atmosphere nowadays like satellite launch debris, but perhaps you’ll find room in your weirdly adapted magnetic fishing net for one more – Kaigan’s Nullspace. I came across it in yesterday’s Indie Fan Fest stream, and I quite like the cut of its torpedo bays.


Nullspace grabs me for a couple of reasons. One is its “retrofuturistic universe”, which strikes me as both sleek and cosy. It’s kind of chibi Homeworld. The kitbashed ships come alive with swivelling turrets and manoeuvring jets, but something about the way they’re proportioned, patterned and lit also makes me think of freshly piped cake icing. I also quite like the Star Fox-style jabbering heads of unit commanders in the bottom corner.

Watch on YouTube


The other thing I like is that this is one of those possibly borked genre hybrids, like Shiny Entertainment’s Sacrifice or Activision’s old Battlezone reboot. On the one hand, it’s a real-time strategy game with planetary bases, various resources to gather, a choice of fleet formations, and the option of either using asteroids for cover or blowing them up for disruption. On the other, it’s a dogfighter, with the ability to seize control of any ship and hose the badniks with your own two thumbs.


The result may prove to be more akin to Dynasty Warriors or a punch-up in an Airfix factory than the Battle of New Caprica. There are a couple of moments in the trailer when ships barge into each other like shopping trolleys. But I do like the bustle of it all.


There’s a story to reckon with, when you’re not making battleships kiss. It channels both “the Golden Age of Sci-Fi” and “deep existential themes”. According to the Steam page, you will “lead or challenge factions like the democratic Hegen, the transhumanist Dominion, and the resourceful Junkers as they vie for survival and dominance.” Apparently the game contains a “unique take on the Fermi Paradox”, this being the contention that we really should have run into some advanced extraterrestrials by now given the amount of stuff there is in outer space. Interested to learn more, I guess.


As for those factions, they put me a little in mind of Sins of a Solar Empire, though they don’t seem quite as vicious. Here’s the blurb in full:

  • The Junkers: Survivors and scavengers, the Junkers live on the fringes of space, salvaging remnants of humanity’s past to build a precarious future. Their resourcefulness and ingenuity allow them to adapt to any situation, but their distrust of centralized authority makes them fiercely independent–and difficult to unify.
  • The Hegen: A powerful, militaristic faction rooted in discipline and order. The Hegen values tradition and hierarchy, believing that humanity’s salvation lies in strict control and unwavering loyalty. Their massive fleets and technological prowess make them a force to be reckoned with, but their rigidity may blind them to alternative solutions.
  • The Dominion: Visionaries, innovators, and seekers of progress, the Dominion is driven by the belief that humanity’s evolution lies in embracing new ideas and technologies. They see opportunity in the chaos, pushing boundaries to forge a brighter future, though their relentless pursuit of advancement often clashes with the values of other factions.


All told: I can dig it. But do I dig it more than Nebulous: Fleet Command? I can see representations of gravity wells in the trailer, there, but I doubt it’s simulating quite as much stuff. Nullspace hath yet no release date beyond “coming soon”.



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September 26, 2025 0 comments
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Hades II Review - Godlike, Indeed
Game Reviews

Hades II Review – Godlike, Indeed

by admin September 26, 2025


Hades, which left early access back in 2020, is one of the best and most influential roguelikes of all time, so there’s perhaps no greater sign of the talent at Supergiant Games that their own follow-up, Hades II, blows it out of the water. The formula is refined into its ultimate form; the combat is more complex (but just as intuitive), and the story is grander and more thrilling. Hades II is the pinnacle of the roguelike genre, a position I previously granted its predecessor, but one that its sequel has handily earned.

For the unfamiliar, the Hades games are action roguelikes, where each run has players gathering an arsenal of upgrades (known as boons) to turn their character into a god-slaying weapon. After each run, most of which will end in a death, the player immediately returns to their home base, where they can talk to their companions to access new story content and use the rewards from the last attempt to make themselves even stronger. Like much of the design in the Hades games, it’s a simple yet genius gameplay loop, turning losses into immediate gratification and fueling you to do another run as soon as possible.

Hades II takes place an undisclosed number of years after the first game, and now centers on Melinoë, the younger sister of Zagreus and a daughter of the titular god of the underworld. That god, along with most of the underworld’s inhabitants we came to know and love in Hades, has been imprisoned by Chronos, his time-wielding father. Rather than break out of Hell, Melinoë starts each run by breaking into Hell, working her way down to Tartarus to thwart her grandfather. The way Hades II recontextualizes familiar locations and characters reminds me of the relationship between The Legend of Zelda: Breath of the Wild and Tears of the Kingdom (a comparison I do not invoke lightly), where I’m equally excited to try new things as I am to revisit old favorites.

Melinoë is armed with six new weapons, each completely different from the last, ranging from a pair of magic wands to a heavy-hitting battleaxe. To make combat even more complex, each attack also has an omega form, unleashed by holding down the attack button, which creates more powerful, sometimes completely different moves. A normal attack with the twin blades, for example, unleashes a combo of slashes and stabs, but the omega version teleports you behind the nearest enemy for one explosion of damage. It’s such a simple and intuitive mechanic that I sometimes forget it’s not present in the original.

The amount of new content in Hades II could be overwhelming, but it’s introduced at such a steady rate that it never feels that way. On my 40th run, in a save file where I had already fought every boss the game had to offer, I unlocked the sixth weapon and encountered a god whose boons I had never seen before. Even 40 runs in, I discovered elements that make the game feel entirely new. There is a finite amount of improvements – it’s only a game, after all – but it incentivizes discovery so much that you feel like there’s something new to unlock around every corner, and for many, many hours, that’s true.

The reason Hades II has its hooks in me, above all else, is the way it rewards the player. This consistent introduction of unlockables, including weapons, boons, arcana cards, familiars, companions, fish, seeds, minerals, and more, means that even when you fail a run, that one failure is promptly interrupted by a stream of rewards. It’s hard to leave a session of Hades II feeling frustrated because it’s explicitly designed to make you feel the opposite, and I gladly welcome the relentless flood of dopamine.

The plot is similarly structured around defeat, with each loss unlocking new dialogue with those around you. This was also the case in the first game, but Hades II is larger in ways I won’t spoil, and the fact that the narrative feels completely seamless and linear regardless of your actions is extra impressive here. And despite Hades II expanding the scale of this world of Greek gods significantly, dialogue and story maintain their character-first approach. You often learn who a person is and what they care about before even learning their name or relationship to the main characters, and I greatly prefer that. The narrative, while fairly straightforward, ends in a place I did not expect, but loved, especially its mythological take on generational trauma.

These characters also continue the series tradition of being beautifully designed, with each new god or titan introduced blowing me away with their striking, modern designs. Overall, the game looks and runs gorgeously, and that includes my Switch 2 copy, where I noticed no performance issues. I also need to mention the music; Darren Korb has done it again, and I especially enjoyed hearing themes from the first game being reimagined in new ways. There’s also one dynamic, musical boss fight that’s particularly impressive, with the backing track altering when the respective musicians are removed from the battlefield.

Sixteen months of early access have sculpted Hades II into a truly unforgettable experience. After roughly 50 hours and 53 runs between its first iteration and final release, I’m somehow still itching to go back for more. Melinoë’s journey showcases Supergiant’s expert world-building, combat design, and sharp dialogue to a degree that somehow surpasses one of my all-time favorite games. Godlike, indeed.



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September 26, 2025 0 comments
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XRP
NFT Gaming

Liquid Staking Debuts On XRP Ledger, What mXRP Means For Investors

by admin September 26, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Midas, in partnership with Axelar, has launched the first XRP liquid staking token, mXRP. The token will provide investors with yields from the XRP DeFi ecosystem and further expand the altcoin’s utility. 

XRP Liquid Staking Token Launches

Midas revealed that the mXRP liquid staking token will be issued on the XRP Ledger EVM via the Axelar bridge, which also facilitates the transfer of the token to the Ledger. The tokenization platform noted that this is a first-of-its-kind tokenized exposure product, offering meaningful XRP-denominated yield strategies. The token is expected to provide an APY of up to 8% for holders, although Axelar indicated it could reach 10%.

In an X post, Panek Mekras, co-founder of Anodos Finance, which offers the token on the Ledger, broke down key details about the liquid staking token. He explained that token is a yield-bearing version of XRP that generates yields for its holders. As such, the price of mXRP should continuously grow against the XRP price and trade at a premium. 

Panek further stated that the yield comes from various strategies, including lending, market making, and depositing on DeFi protocols, among others. He noted that asset managers first lock XRP and then borrow against it in stablecoins, using the capital for various strategies to generate profits. 

The Anodos Finance co-founder also clarified that investors simply need to hold the staking token to claim their yields or redeem their XRP. He added that holders of the liquid staking token do not receive extra tokens. Instead, the yield and rewards are automatically added and embedded into mXRP’s value. 

Panek noted that token works similarly to other liquid staking tokens, such as stETH, jitoSOL, and sAVAX, meaning that those looking to get yields from it have to buy the asset and hold it. They can do this by selling XRP or adding new capital to buy the token. 

What mXRP Means For XRP

Panek indicated that the launch of mXRP is beneficial for XRP, as it will add constant buying pressure to the altcoin. He noted that Midas and Axelar said that the goal is to become a perpetual buyer of XRP. Meanwhile, every XRP used to mint mXRP is locked, thereby removing it from circulation. 

Flare Network also recently announced the launch of ‘FXRP’ to expand XRP’s DeFi. Panek noted that mXRP and FXRP are slightly different, but ultimately, both are beneficial for XRP and the XRP Ledger. mXRP’s capital is managed by asset managers who generate yield on behalf of investors. At the same time, FXRP is a trustless version of XRP on the Flare network, which doesn’t inherently generate yield but can be used in DeFi protocols to generate yields.

At the time of writing, the altcoin price is trading at around $2.84, down in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.84 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 26, 2025 0 comments
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SOL Dips To $192 Ahead of Key ETF Ruling
Crypto Trends

SOL Dips To $192 Ahead of Key ETF Ruling

by admin September 26, 2025



Key takeaways:

  • Solana fell to $192 on Thursday, erasing its entire rally to $253 in under a week.

  • A spot ETF ruling on Oct. 10 could unlock deeper institutional flows.

  • SOL’s RSI setup signals a potential short-term bottom despite the altcoin’s broader correction.

Solana (SOL) slipped below the $200 mark on Thursday, erasing its recent rally to an eight-month high of $253. The 19% dip that unfolded in a week has rattled market momentum and raised questions about near-term strength.

SOL one-day chart. Source: Cointelegraph/TradingView

Yet, a looming catalyst may change the narrative. Grayscale’s spot SOL exchange-traded fund (ETF) faces its first approval deadline on Oct. 10, a decision that could determine whether institutional capital flows begin to support SOL in a way similar to BTC and ETH over the past year.

While the REX Osprey Staking SOL ETF, launched in July, offers spot exposure, its structure is less significant than a pure spot product. A Grayscale spot ETF would allow for more direct institutional participation, potentially unlocking deeper liquidity and broader adoption.

That decision is only the first in a series of rulings. The US Securities and Exchange Commission (SEC) is set to review five other applications, with a final deadline on Oct. 16, 2025, including proposals from Bitwise, 21Shares, VanEck, Grayscale, and Canary. Collectively, the lineup underscored the growing institutional interest in bringing SOL into mainstream investment vehicles.

Market participation in Solana, Ether, and Bitcoin. Source: Pantera Capital/X

Supporters argue the timing could be pivotal. Asset managers at Pantera Capital recently called SOL “next in line for its institutional moment,” citing under-allocation relative to BTC and ETH. While institutions hold around 16% of Bitcoin and 7% of Ether, less than 1% of SOL’s supply is institutionally owned. Pantera Capital suggested that a spot ETF could accelerate adoption, especially as companies like Stripe and PayPal expand their integrations with Solana.

Still, not all indicators point to an imminent breakout. Prediction markets platform Polymarket currently assigns just a 41% probability of SOL reaching a new all-time high in 2025. That implied lingering caution even as ETF speculation intensifies.

SOL all-time high odds for 2025. Source: Polymarket

Related: Australian fitness firm tanks 21% on Solana treasury gamble

Price indicator with an 80% hit rate signals SOL bottom

SOL’s price action has displayed remarkable volatility over the past three weeks. The token rallied to $253 from $200 in just 12 days, but a rapid reversal highlighted weakening short-term momentum, with sellers reclaiming ground faster than buyers had established it.

SOL one-day chart. Source: Cointelegraph/TradingView

However, on higher timeframes, the broader trend remains constructive. SOL continues to form a pattern of higher highs and higher lows, keeping the daily structure bullish. The current correction is unfolding within the first major demand zone or order block between $200 and $185, which also overlaps with the 0.50–0.618 Fibonacci retracement band, a region often watched for technical bounces. Holding this zone would reinforce the uptrend and potentially reset momentum.

Losing the $185 level would shift attention to the next order block between $170 and $156. While such a move would not immediately flip the daily chart bearish, it would significantly weaken trend strength and likely invite deeper selling pressure.

On the intraday side, the four-hour chart is showing signs of sellers’ exhaustion. The Relative Strength Index (RSI) has again dipped below 30, a level that historically signaled bottoms or higher lows for SOL.

Since April 2025, this setup has occurred five times, and on four of those occasions, SOL posted swift recoveries. If the pattern repeats, short-term relief could follow, as the higher timeframe correction plays out.

SOL four-hour chart and RSI bottom analysis. Source: Cointelegraph/TradingView

Related: Solana open interest hits record 72M SOL, but why is price falling?

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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September 26, 2025 0 comments
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Xiaomi 17 Pro and 17 Pro Max: Specs, Release Date, Price, Features
Gaming Gear

Xiaomi 17 Pro and 17 Pro Max: Specs, Release Date, Price, Features

by admin September 26, 2025


Bearing in mind this is the Chinese model (there’s no word on a global edition yet), I was unable to test all of the functionality, but I have a good idea what will work here and what doesn’t. I love the time and notifications, because I don’t have to pick up my phone as much when it’s face down on the desk and I’m working.

The customizable themes and pets are fun. It’s an opportunity to add a little more personality to your phone. While the real-time updates work only with select Chinese apps right now, the utility is clear, and the music controls are very handy. The selfie preview is an obvious benefit, as the photos you can take with the main camera far surpass those taken with any front-facing camera.

Photograph: Simon Hill

I’m also excited about the pin function. You know that awkward dance you do when you’re queuing? You have the QR code that they’ll scan in a minute open on your phone, but you want to continue reading or messaging. Well, this allows you to pin it on the back display and get on with what you’re doing. While I wasn’t able to test it, I know this will be handy.

As a big retro gaming fan, I love the look and feel of the case, and it automatically connects via Bluetooth and triggers the game mode. But once I got over the novelty, I was left wondering why I would ever want to play a game on a tiny screen interrupted by camera lenses when I have one of the most gorgeous 6.7-inch phone displays I’ve ever used in my hand. I tried Angry Birds 2, and it’s totally playable on the back display, but just because you can do something doesn’t mean you should.

And the Rest

Naturally, the 17 Pro Max is a specs beast, and the 17 Pro isn’t far behind. Both are powered by Qualcomm’s brand-new Snapdragon 8 Elite Gen 5 processor, and my review unit has 16 GB of RAM and 1 TB of storage. The displays feature Xiaomi’s new M10 display technology, and it is sharp and power-efficient, and it gets very bright.



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September 26, 2025 0 comments
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Little Nightmares Enhanced Edition drops October 10th
Esports

Little Nightmares Enhanced Edition drops October 10th

by admin September 26, 2025


Bandai Namco has announced that Little Nightmares Enhanced Edition will launch on October 10 for PlayStation 5, PlayStation 4, Xbox Series X|S, Xbox One, PC via Steam and Xbox on PC, and Nintendo Switch and Switch 2, with early access available immediately for those who pre-order Little Nightmares III. The Enhanced Edition features significant visual improvements including higher resolution, enhanced graphics with volumetric lighting and additional particles, ray tracing with real-time reflections, and smoother 60 FPS gameplay, along with additional helpers to improve progression through the atmospheric horror experience where players must rely on courage and a simple lighter to navigate through a world filled with shadows.

Go back to the source of your childhood fears with Little Nightmares™ Enhanced Edition. Bandai Namco Entertainment America Inc. today announced the title is launching on October 10. Eager little ones looking to play now can get immediate access starting today by pre-ordering a digital copy of Little Nightmares™III. Both titles are officially launching on October 10 for PlayStation®5, PlayStation®4, Xbox Series X|S and Xbox One, PC via Steam® and Xbox on PC, and Nintendo Switch™ and Switch™2. For more information and for pre-orders, visit www.bandainamcoent.com/games/little-nightmares-3.Little Nightmares Enhanced Edition brings higher resolution, improved graphics with volumetric lighting and more particles, ray tracing with real-time reflections on surfaces, and a more refined experience at 60 FPS. The remaster promises to further immerse players in a world where courage and a simple tool – your lighter – will be the only allies against the shadows. The gameplay experience has also been improved thanks to additional helpers allowing for smoother progression.The Little Nightmares™ series has captivated millions of players worldwide since 2017. Experience the original game like never before and survive the first entry by guiding Six and her gnawing hunger. Escape the monstrous residents of The Maw, a vast, mysterious vessel feeding thousands of ravenous souls looking for their next meal.

For more information on Little Nightmares, stay tuned to GamingTrend!


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September 26, 2025 0 comments
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Hong Kong harbor during a sunrise (Manson Yim/Unsplash)
GameFi Guides

KuCoin Faces $14M Canadian Action in Registration, Money Laundering Controls Dispute

by admin September 26, 2025



KuCoin is appealing a Canadian enforcement action in which the exchange was accused of failing to register as a money-services business and failing to maintain proper defenses against money laundering, a case that led to a penalty of more than $19 million ($14 million U.S.).

That unusually large penalty from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) was imposed after finding that Seychelles-based Peken Global Limited, operating as KuCoin, didn’t report large crypto transactions and didn’t flag suspicious transactions that may have involved money laundering or terrorist financing, the agency said on Thursday.

The regulator said KuCoin didn’t report large transactions on almost 3,000 occasions from 2021 to 2024 and in 33 instances “failed to report financial transactions where there were reasonable grounds to suspect that the transactions were related to the commission or the attempted commission of a money laundering or a terrorist activity financing.”

KuCoin said it submitted an appeal with the Federal Court of Canada “on both substantive and procedural grounds.”

“While KuCoin respects the decision-making process and remains committed to regulatory compliance and transparency, it disagrees with both the finding that KuCoin is a Foreign Money Services Business and the penalty imposed, which KuCoin maintains is excessive and punitive in nature,” the company said in a Thursday statement.

This FINTRAC penalty represents the bulk of the agency’s fines in the past year, it noted, having imposed fines 23 times for a total of $25 million in that period. KuCoin’s alleged violations were said to have been serious and, in the case of the failure to report suspicious transactions, “severe.”

KuCoin has been penalized in various jurisdictions in similar cases, including one from the Ontario Securities Commission in 2023. In the U.S., the company settled with the Department of Justice earlier this year, paying nearly $300 million, pleading guilty to an unlicensed-operations charge and agreeing to stay out of the country.

Read More: South Korea Plans Sanctions Against KuCoin, Others: Report



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September 26, 2025 0 comments
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'KPop Demon Hunters' Has Somehow Reached Yet Another Milestone
Product Reviews

‘KPop Demon Hunters’ Has Somehow Reached Yet Another Milestone

by admin September 25, 2025



The hype for KPop Demon Hunters only grows as its summer success blazes a trail into the fall and fans clamor for more.

The Sony Pictures Animation feature, which Netflix acquired for the platform, has hit another first, as it has moved into the top spot on Nielsen’s overall top 10 streaming chart, according to the Hollywood Reporter. The numbers don’t lie and if the rush to get out merch and costumes is any indication, the Netflix animated hit is truly this generation’s Frozen. “Golden” and “Soda Pop” are on constant rotation in my and my friends’ social media posts, at least so I can attest to that.

The Nielsen streaming charts are dominated by Netflix projects—including Wednesday season two, which previously held the overall top spot and had a lot of anticipation built around its return. But it’s truly powerful to note that Mira, Rumi, and Zoey join Wednesday Addams (Jenna Ortega) as the streamer’s most popular heroines. Demon boys and Hydes beware!

KPop Demon Hunters was released August 23, and it took over the number one spot in the last week of August. Its highest weekly viewing total sits at 1.12 billion minutes in the United States, easily beating out other mainstays such as Bluey and SpongeBob SquarePants.

This milestone also marks KPop Demon Hunters’ 11th week appearing in the Nielsen charts, topping its own record for original streaming film that it set the week prior.

As the holidays and award season start to kick up, fans really only have the movie to go to until retailers roll out more offerings for the surefire franchise hit in the making. You know there’s already clamoring for Halloween party screenings, New York Comic Con cosplay, and holiday fun that will see more Huntr/x and Saja Boys love, so these numbers are sure to continue to keep going up, up, up. It’s their moment.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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September 25, 2025 0 comments
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Wormhole's W token enters 'value accrual' phase with strategic reserve
NFT Gaming

SharpLink to tokenize Nasdaq-listed SBET shares on Ethereum

by admin September 25, 2025



SharpLink is set to become the first public company to issue its Nasdaq-listed SBET shares natively on Ethereum, appointing Superstate as digital transfer agent to oversee compliant onchain issuance.

Summary

  • SharpLink plans to tokenize its Nasdaq-listed SBET shares directly on Ethereum.
  • Superstate’s Opening Bell platform will manage compliant onchain issuance.
  • The partnership extends beyond issuance, exploring AMM-based trading of tokenized equity.

In an announcement on Sept. 25, SharpLink Gaming, Inc. said it will tokenize its SEC-registered common stock directly on the Ethereum blockchain, appointing financial technology firm Superstate as its Digital Transfer Agent.

The partnership will utilize Superstate’s ‘Opening Bell’ platform for the issuance. The Minneapolis-based company, chaired by Ethereum co-founder Joseph Lubin, stated the move is intended to demonstrate how blockchain infrastructure can create shareholder value and improve market efficiency.

“Tokenizing SharpLink’s equity directly on Ethereum is far more than a technological achievement – it is a statement about where we believe the future of the global capital markets is headed. At SharpLink, our core mission is two-fold: to build the world’s most trusted digital asset treasury and to pursue initiatives that accelerate the global adoption of the Ethereum network.” Lubin said.

Beyond issuance: exploring AMMs and compliant secondary markets

The partnership’s ambitions extend far beyond a simple onchain issuance. SharpLink and Superstate intend to explore one of the most complex frontiers in digital finance: enabling compliant secondary trading of tokenized equity on automated market makers and other DeFi protocols.

This initiative aligns with the SEC’s Project Crypto, a regulatory framework designed to accommodate blockchain-based markets. The goal is to demonstrate how tokenized securities can unlock deeper liquidity and operate within a modernized capital market structure.

If realized, this effort could reposition SharpLink’s tokenized equity and future issuances via Superstate’s Opening Bell as instruments with broader utility than traditional book-entry stock. Trading on AMMs would represent a structural shift in how liquidity forms around public equities, potentially enabling real-time settlement, global investor access, and transparent price discovery in a way conventional exchanges cannot match.

Notably, the partnership with Superstate is a strategic extension of SharpLink’s deep commitment to Ethereum. With Lubin at the helm, the company has aggressively positioned itself as a corporate leader in the Ethereum ecosystem, having launched a significant ETH treasury strategy earlier this year.

Investors have so far met the news with caution. SharpLink’s SBET stock traded down 7.63% on Thursday, settling at $16.26 after opening the session at $16.33 and closing the previous day at $17.58. The drop mirrors a wider pullback across crypto markets but also underscores how experimental the path ahead remains.



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September 25, 2025 0 comments
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$1.12B Worth Of Crypto Liquidated As Market Goes Red
Crypto Trends

$1.12B Worth of Crypto Liquidated as Market Goes Red

by admin September 25, 2025



The cryptocurrency market witnessed one of its sharpest corrections today, with over $1.13 billion worth of liquidations occurring across all major exchanges in the last 24 hours. The sell-off was primarily driven by traders who were long, means the ones who had bet on price increases .

According to the data from Coinglass, about $252,502 traders were liquidated from their positions. Of the total amount, $1.04 billion came from long positions, while $83.88 million was liquidated from short positions.

Ethereum leads liquidations

The liquidation wave hit the Ethereum (ETH) recorded the heaviest losses with over $428.11 million liquidated in a single day. Bitcoin(BTC) followed behind with $273.60 million in liquidations, while Solana recorded $75.20 million. 

Other altcoins like Avalanche (AVAX), XRP, and Dogecoin(DOGE) also added to the sell-off. The single largest liquidation order, valued at $29.12 million, was recorded on Hyperliquid in the ETH-USD market.

Coinglass heatmap showed that Ethereum’s dominance in this wipeout was overwhelming as traders who had bet on the price going up face the majority of losses. An unlucky trader alone lost $45M during the dump. According to a previous report, the trader also took a bet on Ethereum surge but lost his position as the price dropped below $4000 and left the trader with less than half a million dollars in the account.

At the time of writing, the price of ETH is trading at $3,924, down from its daily high of $4,273. Bitcoin also dropped from its intra-day high of $113,660, and is currently trading for $108,823. The overall market valuation is down by 3.95% to $3.73 trillion, according to CoinMarketCap.

Also Read: Hack Turns $GAIN Into Pain, Griffin AI Token Crashes 84%



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September 25, 2025 0 comments
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