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Crypto Hacks Surge: $19M In Ethereum Grab by Infamous Wallet Raises Alarming Questions

by admin September 16, 2025

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A crypto wallet connected to the notorious $300 million Coinbase hack has reappeared with another suspicious move on the Ethereum blockchain.

Over the weekend, the address acquired 3,976 ETH worth approximately $18.9 million, according to on-chain data from Arkham Intelligence. The purchase was executed using 18.9 million DAI, a stablecoin, and split across multiple transactions before being consolidated into the buy.

The transaction came just as Ethereum broke above $4,700, marking its highest level in more than two weeks. Currently, ETH trades at $4,538, down 2.9% in the past 24 hours.

ETH’s price trends to the upside on the daily chart. Source: ETHUSD on Tradingview

A Pattern of Bold Acquisitions

This is not the first time the wallet has made waves. In July, it bought 4,863 ETH for $12.6 million and later added 649 ETH at $3,562 per token. Just last month, the same wallet scooped up $8 million worth of Solana (SOL), though that position has since slipped below entry price.

Analysts say the strategy shows deliberate fund consolidation, often seen in money laundering tactics. Breaking transactions into smaller amounts and using privacy tools allows the hacker to mask movements, making tracking more difficult.

Blockchain investigator ZachXBT previously estimated that the Coinbase-related social engineering scam drained at least $330 million from victims, warning that the real figure may be significantly higher.

Growing Concerns Over Rising Crypto Hacks

The latest Ethereum purchase shows broader concerns in the crypto industry, where hack-related losses reached $163 million in August alone, according to security firm PeckShield.

With exploits shifting from smart contract bugs to social engineering and cross-chain bridge vulnerabilities, wallets like this continue to pose a major threat to investor confidence.

Despite Coinbase offering a $20 million reward for information on the perpetrators and tightening security, the hacker remains unidentified. The latest $19M ETH grab proves the resilience and boldness of cybercriminals operating in the space.

As crypto rallies and institutional inflows grow, the question remains: is the hacker simply riding bullish momentum, or is this part of a deeper strategy to launder stolen funds? Regulators and blockchain investigators are watching closely, but for now, the crypto world is left with more questions than answers.

Cover image from ChatGPT, ETHUSD chart from Tradingview

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September 16, 2025 0 comments

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Nano Banana Saves Google: Gemini Dethrones ChatGPT as GOOG Hits $3 Trillion

by admin September 15, 2025

In brief

Google’s Gemini to #1 in app downloads this month and Search interests this week.
This is the first time Gemini app dethrones ChatGPT.
This also helped boost Google’s valuation to beat $3 trillion, just behind Nvidia, Apple and Microsoft.

Google’s Gemini app hit the top of the Apple App Store on September 15, dethroning ChatGPT for the first time since OpenAI’s chatbot launched nearly three years ago. The catalyst wasn’t a breakthrough in artificial general intelligence or some new reasoning mode—after all, Gemini 2.5 was released in March—it seems to be the public’s thirst for making memes and editing images.

“Image editing is one of the most popular use cases for Nano Banana,” the company tweeted last week. While Google didn’t provide any specific reasons for its come-from-behind surge in popularity, given the timing, it’s safe to assume that Nano Banana gave the company a huge bump.

One specific prompt for Google’s new image editing model let users transform photos into 3D collectible-style portraits complete with plastic packaging and display bases. That was enough to make the Gemini have its “wen moon” moment.

Within two weeks of going viral in early September, Gemini hit #1 on both the Apple App Store and Google Play Store globally. The app added 23 million first-time users and users generated over half a billion images in days, according to Google’s VP Josh Woodward.

Update: In the last 4 days, @GeminiApp has added:
+ 13M more first-time users (23M+ total now)
+ 300M more images (500M+ total now)

🍌 @NanoBanana is unreal

— Josh Woodward (@joshwoodward) September 8, 2025

Google Trends data shows global searches for Gemini overtook ChatGPT on September 12—the first time that’s happened since ChatGPT’s November 2022 debut.

Image: Google Trends

Before Nano Banana, Gemini pulled in about 13 million monthly downloads compared to ChatGPT’s 64 million, according to AppMagic. ChatGPT commanded 60% of AI-related web traffic with nearly 6 billion monthly visits, almost 10 times Gemini’s numbers despite being integrated into Android devices and Google services used by 2 billion people.

The surge helped push Alphabet’s market cap past $3 trillion, with shares climbing 4% to around $252. That puts Google’s parent company in rarefied air alongside Nvidia ($4.3 trillion), Microsoft ($3.8 trillion), and Apple ($3.5 trillion).

Image: companiesmarketcap.com

Alphabet’s stock has climbed nearly 30% year-to-date, outpacing the Nasdaq’s 15% gain. The September milestone came after a favorable antitrust ruling that avoided forcing Google to divest Chrome or Android. But the Nano Banana phenomenon contributed directly to investor enthusiasm. Analysts project the feature could help Google increase its revenue through new Gemini subscriptions.

“If Gemini can remain at the top of the App Store charts, we believe more investors will start to view Gemini as a strong core offering with incremental use cases that complement (as opposed to cannibalize) the core search experience,” Keybanc Capital analyst Justin Patterson wrote in a report.

OpenAI learned this lesson months ago. Its “Ghiblify” feature—which transformed photos into Studio Ghibli-style animations—drove more than 1 million people to sign up for ChatGPT in one hour. The feature went so viral that OpenAI had to implement rate limits after users generated millions of whimsical portraits, even recreating controversial moments like the 9/11 terrorist attacks in the Ghibli style.

xAI discovered the same dynamic with Grok, though Elon Musk’s company took a different approach. When Grok users found they could generate anime-style “waifus” without the content restrictions other AIs imposed, downloads spiked 300% in Asian markets. Musk himself posted several generated images on X, alongside a “spicy mode” that let users generate NSFW videos using Grok’s AI

Vibes have shifted fully.
Gemini has overtaken ChatGPT on the AppStore rankings and now worldwide in Search Interest as well.

It’s a no-brainer that image editing is the sole reason for this. Nano banana has rescued Google in the AI race!

🤏🍌
🤏🍌
🤏🍌 https://t.co/cHEhKyalzz pic.twitter.com/YD2eusnthW

— Taufiq (@taufiqintech) September 15, 2025

ChatGPT still dominates on raw metrics—700 million weekly active users and over 1 billion daily queries in the last quarter, but Gemini’s sudden rise shows how quickly the landscape can shift when an AI feature catches fire on social media.

Google DeepMind CEO Demis Hassabis tweeted: “Congrats to the @GeminiApp team… this is just the start.”

Let’s hope there are more memes to come.

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September 15, 2025 0 comments

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Strategy adds $60m in Bitcoin as holdings near 639k BTC

by admin September 15, 2025

Strategy’s latest SEC filing reveals a $60.2 million purchase of 525 BTC, adding to a colossal hoard that now stands just shy of 639,000 BTC and cementing its unparalleled position in the market as the largest corporate holder of the original crypto.

Summary

Strategy bought 525 BTC for $60.2 million, lifting holdings to 638,985 BTC.
The purchase was funded through sales of perpetual preferred stock.

According to a Form 8-K filed with the U.S. Securities and Exchange Commission on Monday, the Tysons Corner, Virginia-based company acquired the Bitcoin (BTC) between September 8 and September 14, paying an average of $114,562 per BTC.

Strategy said the purchase was not funded by operational earnings but rather by the execution of its capital markets strategy, specifically utilizing net proceeds from the sale of three distinct classes of its perpetual preferred stock.

The capital markets engine fueling a Bitcoin juggernaut

Per the filing, the three classes of shares Strategy sold to fund its latest Bitcoin acquisition include its Series A Perpetual Strife Preferred Stock (STRF), Series A Perpetual Strike Preferred Stock (STRK), and Series A Perpetual Stride Preferred Stock (STRD).

These securities, each with different dividend profiles and risk structures, have become the backbone of Strategy’s capital markets playbook as it pushes deeper into Bitcoin exposure. Just last week, the company tapped the same programs to buy 1,955 BTC for $217.4 million, underscoring how quickly the company can convert capital raises into on-chain accumulation.

With the latest transaction, Strategy now holds 638,985 BTC, acquired at a cumulative cost of $47.23 billion, or $73,913 per BTC. At current market prices, the stash is valued at roughly $73.4 billion, leaving the firm with more than $26 billion in paper gains and cementing its role as the undisputed corporate heavyweight in the digital asset.

That scale is unmatched. According to BitcoinTreasuries.net, the next largest holder among public companies is Marathon Digital, with 52,477 BTC. Other names in the top ten include Tether-backed Twenty One with 43,514 BTC, Bitcoin Standard Treasury Company with 30,021 BTC, and exchange operator Bullish with 24,000 BTC.

Metaplanet, Riot Platforms, Trump Media & Technology Group, CleanSpark, and Coinbase round out the group, each holding between 11,000 and 20,000 BTC. Together, the nine companies outside Strategy account for about 229,000 BTC, barely a third of Strategy’s position.

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September 15, 2025 0 comments

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Pantera Capital CEO Predicts Bitcoin Might Hit $1 Million During His Lifetime

by admin September 15, 2025

During a recent appearance on CNBC, Dan Morehead, chief executive officer at US-based cryptocurrency fund Pantera Capital, predicted that the price of Bitcoin could potentially surge to as high as $750,000 within the next four years.

Morehead is not sure when BTC will be able to hit the oft-repeated $1 million target, but he is certain that this will eventually happen during his lifetime.

Morehead has recalled that Pantera Capital was actually the very first Bitcoin fund in the world. “That was the easiest way to get access then. Now, an ETF is very easy,” he said.

Notably, Panteral Capital’s first price target for Bitcoin was $5,000. It was announced back in 2013 when the largest cryptocurrency was trading at just $104.

Ethereum vs. Solana

Morehead has noted that Solana has been among the best-performing major currencies, and the firm currently has its biggest position in the high-flying altcoin.

“It’s actually had better performance than even Bitcoin over the last four years,” he noted.

He has noted that Solana is capable of doing roughly 9 billion transitions per day, which is more than the entire capital markets.

However, he is convinced that there is no “winner-take-all” mentality in crypto, noting that there were actually a lot of winners in the age of the internet.

With that said, he believes that there is only a single digit of layer-1s, including Ethereum and Solana, that will be able to survive in the long term.

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September 15, 2025 0 comments

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Dogecoin (DOGE) ETF Likely This Week

by admin September 15, 2025

The first exchange-traded fund (ETF) built around a meme coin could hit the market this week, after multiple delays and much speculation.

The DOGE ETF — formally called the Rex Shares-Osprey Dogecoin ETF (DOJE) — was originally slated to debut last week, alongside a handful of politically themed and crypto-related ETFs. Those included funds tied to Bonk BONK$0.0₄2313, XRP, Bitcoin BTC$115,322.63 and even a Trump-themed fund. But DOJE’s debut never materialized.

Now, Bloomberg ETF analysts Eric Balchunas and James Seyffart believe Wednesday is the most likely launch date, though they caution nothing is certain.

“It’s more likely than not,” Seyffart said. “That seems like the base case.”

Ahead of the introduction of the ETF, DOGE has been among the top performers over the past month, ahead 15% even including a decline of 3.5% over the past 24 horus.

If launched, DOJE would mark a milestone as the first U.S. ETF to focus on a meme coin — cryptocurrencies that generally lack utility or a clear economic purpose. These include tokens like Dogecoin, Shiba Inu SHIB$0.0₄1303 and Bonk, which often surge in popularity thanks to internet culture, celebrity endorsements and speculative trading.

Balchunas described DOJE’s significance in a post on X: “First-ever US ETF to hold something that has no utility on purpose.”

DOJE is not a spot ETF. That means it won’t hold DOGE directly. Instead, the fund will use a Cayman Islands-based subsidiary to gain exposure through futures and other derivatives. This approach sidesteps the need for physical custody of the coin while still offering traders a way to bet on its performance within a traditional brokerage account.

The ETF was approved earlier this month under the Investment Company Act of 1940, which is typically used for mutual funds and diversified ETFs. That sets it apart from the wave of bitcoin ETFs that received green lights under the Securities Act of 1933, a framework used for commodity-based and asset-backed products. In short, DOJE is structured more like a mutual fund than a commodity trust.

More direct exposure may be coming soon. Several firms have filed applications to launch spot DOGE ETFs, which would hold the meme coin itself rather than derivatives. These applications are still under review by the U.S. Securities and Exchange Commission (SEC), which has grown more comfortable with crypto ETFs since approving a slate of bitcoin products in early 2024.

The broader crypto market has shown that investor demand can outweigh fundamental critiques. Meme coins have long drawn skepticism for having no underlying value or use case, but that hasn’t kept them from drawing billions in speculative capital.

Seyffart said the ETF market is likely to follow the same path. “There’s going to be a bunch of products like this, whether you love it or need it, they’re going to be coming to market,” he said.

He added that many existing financial products serve no deeper purpose than providing a vehicle for short-term bets. “There’s plenty of products out there that are just being used as gambling or short-term trading,” he said. “So if there’s an audience for this in the crypto world, I wouldn’t be surprised at all if this finds an audience in the ETF and TradFi world.”

Whether the DOJE ETF opens the door to more meme coin funds — or just proves the concept is viable — may depend on how the market responds this week. Either way, it signals a new phase in the merging of internet culture and traditional finance.

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September 15, 2025 0 comments

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Analyst Warns That XRP Investors Are Still Not Bullish Enough, Here’s The Reason

by admin September 15, 2025

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Well-known market watcher Egrag Crypto is sounding the alarm that XRP investors are still not bullish enough. In his view, too many holders are ignoring what the charts are showing, even though long-term signals suggest a decisive move could be on the horizon. He says that the real profits in this market will come from patience and belief rather than quick trades.

The analyst argues that those who remain strong will be in the best position when the asset takes off. Writing on X, he urged the XRP community to adopt a bigger vision of what may lie ahead.

Historical Patterns Point To A Potentially “Historic” XRP Move

Egrag Crypto explains that the XRP two-month chart is flashing a rare setup. He notes that five strong body candles have formed at new all-time highs, something he calls unprecedented in structure. According to him, the parabolic curve building on the chart suggests that what lies ahead for the digital asset could be “truly historic.”

Source: X

He argues that if XRP falls below $2.00, it could mirror Bitcoin’s era when it traded at $200, a price that later made those early buyers legendary in the crypto world. For him, those who buy the token at the $2 level will also be seen as “OGs” in the future.

While many in the community focus on short-term moves, the analyst’s strategy is to buy low and sell high over time. He says it is fine for investors to trade a small portion of their holdings, maybe 10% to 20%, but most of the stack should be kept by investors for the long run.

Egrag recalls the years when XRP traded below $1, and he kept urging people to buy, even when he got mocked for it. Looking back, he says conviction during those times is what makes real winners.

Technical Signals Suggest XRP Must Clear $3.70 To Trigger Rally

Looking at the charts now, Egrag points to one key price target. He says XRP needs to close above $3.70 with a strong two-month candle to confirm what he calls a “space mission moment.” According to him, this breakout would open the way for much bigger moves. While he supports cautious short-term trading, his main advice is to stay focused on the larger trend and be prepared for the next leg higher.

At the same time, Egrag warns that trading is not easy. He says the market is a competition where only the strongest and most determined survive. For him, the right mindset is just as crucial as the charts. He closes his message with encouragement, saying that the rise may come soon, and those XRP investors who hold firm may reap the rewards.

Price moves below $3 again | Source: XRPUSDT on TradingView.com

Featured image from DALL.E, chart from TradingView.com

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September 15, 2025 0 comments

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Dogecoin and Solana Look Poised to Break September Crypto Curse: Analysis

by admin September 15, 2025

In brief

Dogecoin surged 11% and Solana 10 % in the last week, defying seasonal crypto trends
Federal Reserve is expected to cut rates this week as inflation moderates to 2.9%, which bodes well for risk assets.
Users on the prediction market Myriad are signaling growing bullish sentiment. Here’s what the price charts have to say about it.

The crypto market is trying to rewrite the “Red September” playbook, with major altcoins like Dogecoin and Solana finding investors still have an appetite for riskier bets.

The Altcoin Season Index touched 80 points today—the highest it’s been so far in 2025. Meanwhile, the Crypto Fear and Greed Index climbed to 53 points from 39 at the beginning of the month, signaling growing bullish sentiment across the board.

On the normie side of Wall Street, the S&P 500 advanced 0.85% to 6,587.47 and the Nasdaq gained 0.72% to 22,043.07, both hitting record highs, providing a supportive backdrop for risk assets as markets price in an 89% chance of the Federal Reserve cutting interest rates at the September 17 meeting.

The Federal Reserve has kept interest rates between 4.25%-4.50% since December 2024, but markets are now expecting at least a 0.25% cut at the upcoming meeting. On Myriad, a prediction market developed by Decrypt’s parent company Dastan, users place the odds of a 0.25% rate cut at 88%.

Core inflation at 2.9% and unemployment rising to 4.2% in July provide the Fed cover to begin easing, potentially unleashing the roughly $7 trillion sitting in money market funds into risk-on assets, including stocks and crypto.

Here’s what the charts are looking like today:

Dogecoin (DOGE) price: Breaking out—but beware

Dogecoin has been on a roll over the last week, rising by over 11%, which is typically an indicator of retail investments in crypto coming back.

Today, though, appears primed for a correction, with DOGE so far dipping about 5% in the last 24 hours and currently trading for $0.2649.

Dogecoin price data. Image: Tradingview

Despite today’s drop, the technical picture shows strength.

The Relative Strength Index, or RSI, for Dogecoin is at 60, which traders would normally interpret as bullish. RSI measures trading momentum, with readings below 30 signalling oversold territory and above 70 signally overbought. At 60, DOGE is hot, but not yet overbought, meaning traders would expect more upside to come.

The Average Directional Index, or ADX, for DOGE is at 26, which confirms a trending environment. ADX measures trend strength, regardless of direction, on a scale from 0 to 100. ADX readings above 25 tell traders there’s a trend in place, and the recent upward movement is strong enough to be considered directional.

But current price support for the token at around $0.23 shows the current correction underway would lead to more short-term downside, but it isn’t yet cause for alarm for traders.

Exponential moving averages, or EMAs, give traders a sense of price supports and resistances, based on price averages over the short, medium, and long term.

When looking at both the 50-day and 200-day EMAs, Dogecoin is currently trading well above both moving averages, with the gap between them widening. That’s a pattern traders call “bullish divergence,” which typically occurs in strong uptrends. When shorter-term averages pull away from longer-term ones, it signals sustained buying pressure across multiple timeframes.

In terms of price movement, Dogecoin finally broke its bullish symmetrical triangle, first testing support near the the 20-day EMA before climbing back.

Key Levels:

Immediate support: $0.25
Strong support: $0.22 (psychological level)
Immediate resistance: $0.28214 (recent high)
Strong resistance: $0.30000 (major psychological barrier)

Solana (SOL) price: What Red September?

Solana may be the standout coin so far is what is historically a bad month for crypto assets.

SOL is up nearly 10% since last Monday, now trading at around $232 with a market cap above $126 billion.

The token today peaked at $244.08 before consolidating at its current levels, falling back to the upper side of an ascending channel that has been in place since early August when the coin entered into “golden cross” territory.

A golden cross happens when the average price of an asset over the last 50 days crosses above the average price over the last 200 days. This is widely interpreted as a strong bullish signal, because it shows prices are accelerating upwards more quickly over time.

Solana price data. Image: Tradingview

Like with DOGE, technical indicators for Solana paint a bullish picture, with a slight warning that a small correction could be in the cards.

SOL’s RSI is at 65, which shows strong buying momentum approaching but not yet reaching overbought territory above 70. The ADX at 33 confirms exceptionally strong trend strength. Readings above 30 indicate a powerful directional move that trend-following traders (and their algorithm setups) typically capitalize on. For swing traders, an ADX this high tells them to continue trading with the trend rather than anticipate reversals, since momentum tends to persist at these levels.

The EMA configuration (the average price of Solana in the last 50 and 200 days) reveals SOL trading decisively above both the 50-day and 200-day moving averages. But the Squeeze Momentum indicator, which traders use to determine trends or price compressions before the next big move, is showing a bearish impulse that creates an interesting divergence in the data.

This contradiction between price action and momentum suggests the market is at an inflection point—either momentum will catch up to price (bullish continuation) or price will correct to match momentum (bearish reversal).

In either scenario, we may see a small dip in the immediate future. But the overall picture on SOL remains bullish in the medium to long term.

That bullish sentiment is reflected in the shifting odds on SOL markets on Myriad. Users now believe there’s a 90% chance Solana hits $250 before dropping to $130, up roughly 15% since last week. Myriad users also believe it’s likely Solana hits a new all-time high price above $294 this year, placing those odds at 59%, up from 45% last week.

Key Levels:

Immediate support: $218 (current consolidation)
Strong support: $207 (support of the channel)
Immediate resistance: $244.08 (recent high)
Strong resistance: $260.00 (psychological target)

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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September 15, 2025 0 comments

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Kart Rumble eyes $200k milestone as early momentum builds

by admin September 15, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Kart Rumble is blending meme culture, adaptive AI gameplay, and blockchain ownership to reshape the web3 gaming and presale landscape.

Summary

Kart Rumble is a web3 racing game with meme characters like Doge, Shiba, and Pepe.
Built on Polygon with plans to move to Supernets, it integrates NFTs for racers, karts, and tracks with full marketplace trading.
The presale has already raised over $100,000, supported by an affiliate program that offers high rewards for community growth.

As the crypto market gains momentum heading into 2025, there’s a new wave of projects focusing on usability, entertainment, and long-term community growth.

Among these emerging players is Kart Rumble (RBT), a web3 racing game that combines meme culture with dynamic AI gameplay and an organized presale approach catching the eye of investors.

Rethinking memecoins through gameplay

For a long time, meme tokens have relied on virality and community energy. This is where Kart Rumble takes that same foundation and layers it with a functional product, a playable kart racing game featuring the most recognized meme characters in crypto today, including Doge, Shiba, Pepe, Floki, and DogWithHat.

But this is no traditonal play-to-earn path, Kart Rumble is focused on delivering a player challenge experience powered by the inhouse Rumble AI, the project’s proprietary adaptive AI engine.

Based on the players skill base and behavior Rumble AI will adjust difficulty in real time offering a more dynamic and skill-based experience than typical arcade games.

Built on Polygon, with a clear upgrade path

RBT is currently being developed on the Polygon blockchain, with plans to transition to Polygon Supernets as soon as user demand scales. This gives Kart Rumble the benefits of low-cost, high-speed transactions while offering the flexibility to evolve its infrastructure over time.

Kart Rumble also integrates on chain elements like:

NFTs for racers, karts, and tracks
A hybrid model that combines blockchain ownership with off-chain game performance
Players can trade, buy, or sell on the marketplace items tied to their progress in-game

Interested investors can buy RBT today.

Strong early traction in presale

Kart Rumble is currently in a Multistage presale structure, with each stage offering a different price point. This is designed to reward early adopters with better entry prices, while providing a clear and transparent model as the community continues to grow.

Without major influencers or viral campaigns, Kart Rumble quietly surpassed $100,000 raised in the first 7 days. Momentum has continued to build, with investors sharing the project organically across Telegram, Discord, and all social platforms.

Affiliate-driven growth model

Kart Rumbles’ unique affiliate system has taken the community by storm, showing a new way of customer acquisition. Participants can earn up to 50% commission on referred token sales. The top-performing affiliates are eligible for real-world rewards, including high-end prizes like a luxury car, a premium watch, and a $50,000 cash bonus.

This model not only supports project growth, but also encourages community members to play an active role in its expansion and a structure that could prove sustainable if scaled carefully.

Looking ahead: Roadmap and development plans

According to the team’s published roadmap, Kart Rumble is aiming to:

Transition its engine from Unity to Unreal Engine for enhanced visuals
Add multiplayer functionality post-launch
Develop user-generated track features similar to sandbox-style games
Introduce monetization via sponsorships, tournaments, and creative collaborations

There is also interest in offering Rumble AI as a standalone product, potentially licensing it to other games or simulations in the future.

Final thoughts

Kart Rumble is taking a grounded approach, while most crypto projects promise innovation with all smoke and no fire. The project starts with a playable demo coming soon and clear tokenomics, with a transparent presale model. It remains early in its journey, however, the combination of Rumble AI-driven gameplay, meme familiarity, and community-centric incentives makes it one of the more unique launches this year.

Those interested in learning more can explore the project at KartRumble.io.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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September 15, 2025 0 comments

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Ripple Pledges $25 Million RLUSD via XRPL for Small Businesses: Details

by admin September 15, 2025

Fintech company Ripple has committed $25 million to boost small businesses in the United States as well as veteran career success.

Today, Ripple announced a $25 million commitment to two nonprofits, Accion Opportunity Fund and Hire Heroes USA. This funding, delivered in Ripple USD (RLUSD) stablecoin, will increase access to capital for small business owners and create career pathways for veterans and military spouses and also equip entrepreneurs with digital payment tools.

When small businesses and veterans thrive, so do communities.
We’re proud to announce a $25M donation in $RLUSD on XRP Ledger to Accion Opportunity Fund and @HireHeroesUSA: https://t.co/sS1jwD03tl

This investment highlights how stablecoins can drive real-world impact by…

— Ripple (@Ripple) September 15, 2025

This builds on Ripple’s May $25 million RLUSD donation to DonorsChoose and Teach For America, bringing the company’s philanthropic acts in the U.S. to over $50 million in 2025.

$1 billion impact targeted

According to the announcement, Ripple and its partners, in this case, Accion Opportunity Fund and Hire Heroes USA, will launch new initiatives intended to increase access to capital and create new career pathways.

Ripple’s grant is expected to generate $125 million in lending impact for small businesses in partnership with Accion Opportunity Fund, and the new Ripple Digital Leap Forward accelerator program will equip underserved entrepreneurs across the U.S. with training and $500,000 in immediate funding.

France, Austria and Italy Urge Stronger EU Oversight of Crypto Markets Under MiCA

by admin September 15, 2025

Market watchdogs in France, Austria and Italy want the European Union to tighten its approach to crypto regulation, warning that uneven enforcement of the bloc’s landmark MiCA legislation could leave investors exposed to risks that aren’t covered by the rules.

In a joint statement, France’s Autorité des Marchés Financiers (AMF), Austria’s Finanzmarktaufsichtsbehörde (FMA) and Italy’s Consob said the first months of MiCA’s rollout revealed “major differences” in how national supervisors apply the law. Without changes, they argued, firms may shop around for lenient jurisdictions, undermining both investor protection and Europe’s competitiveness in digital assets.

The regulators set out four proposals. Chief among them is handing direct supervision of the largest crypto-asset service providers to the European Securities and Markets Authority (ESMA). They also want to close loopholes allowing EU intermediaries to route orders to offshore platforms not bound by MiCA, a practice that leaves investors without regulatory safeguards.

The authorities also called for mandatory, independent cybersecurity audits before firms receive or renew MiCA licenses, citing the sector’s high exposure to hacks. Finally, they proposed a centralized filing system for token white papers to simplify cross-border offerings and ensure legal clarity.

While MiCA was designed to harmonize crypto oversight across the EU, the three regulators say swift adjustments are needed to align with international standards set by the Financial Stability Board and IOSCO. Without them, they caution, national regulators may be forced into emergency measures that risk fracturing Europe’s digital asset market.

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September 15, 2025 0 comments