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Roblox appoints Vlad Loktev as chief creator ecosystem officer to "strengthen relationships with the creator community"
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Roblox appoints Vlad Loktev as chief creator ecosystem officer to “strengthen relationships with the creator community”

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Roblox has appointed Vlad Loktev as chief creator ecosystem officer within its creator division.

Lotev will start on September 29 and lead creator success efforts, including “building an integrated suite of development tools, developer relations, as well as platform events, strengthening Roblox’s relationship with the creator community.”

“As Roblox tracks towards its goal of 10% of all gaming content revenue flowing through the Roblox ecosystem and being distributed within our community of creators, Vlad will play a key role in supporting the community making it all possible,” the company said.

“The energy and potential of our creator community has never been more powerful. Roblox recently broke records last month with more than 45 million concurrent users playing games like Grow a Garden, Steal a Brainrot (which has now surpassed the world record for most concurrent users in a single game with 24.2M CCU), and Dress to Impress.”

Earlier this month, Roblox announced a “suite of innovations” across AI and creator monetization, and revealed that over the last year, creators earned over $1 billion through the DevEx program.

At the recent Roblox Developers Conference, the company laid out a number of new initiatives, including plans to boost the Roblox Developer Exchange (DevEx) rate for all creators by 8.5%, explaining that “now, 100,000 earned Robux will equal $380, rather than $350 when converted to cash.”



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Metaplanet Sets Up US Subsidiary To Strengthen Bitcoin Income Business
Crypto Trends

Metaplanet Sets Up US Subsidiary To Strengthen Bitcoin Income Business

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

Japanese investment firm Metaplanet today announced that it has set up new subsidiaries in the US and Japan to expand its Bitcoin (BTC) income generation business. In addition, the company also bagged the domain Bitcoin.jp – an indication that it will continue to spearhead BTC adoption in Asia.

Metaplanet Unveils Subsidiaries To Expand Bitcoin Business

In an announcement made earlier today, Tokyo-listed Metaplanet stated it had established a new wholly-owned subsidiary in the US called Metaplanet Income Corp. to expand its BTC income business.

It should be noted that Metaplanet recently concluded a massive $1.4 billion capital raise. The firm’s US subsidiary will provide Metaplanet the opportunity to pursue derivatives operations and related activities that produce cash flow and revenue.

Source: Metaplanet

The establishment of Metaplanet Income Corp. will help the firm have a clear separation between the Bitcoin income generation business, and its core BTC treasury operations. This will help the company enhance transparency, governance, and risk management. 

Besides Metaplanet Income Corp, the firm has also established a Japan subsidiary called Bitcoin Japan Inc. Metaplanet CEO, Simon Gerovich, commented on the development, saying:

This business has become our engine of growth, generating consistent revenue and net income. We are cash flow positive, producing significant internal cash flow to support future initiatives.

Bitcoin Japan Inc., will primarily look after an array of BTC-based media such as conferences and online platforms, the Bitcoin.jp domain, and Bitcoin Magazine Japan. Notably, the domain was purchased from a private investor who had held it for over a decade.

Gerovich also commented on Metaplanet’s recent $1.4 billion capital raise, stating that almost 100 investors had joined the roadshow, with more than 70 of them ultimately investing. These investors include sovereign wealth funds, hedge funds, and other similar financial entities.

Metaplanet’s long-term ambition remains to be the second-largest holder of BTC, behind Michael Saylor-led Strategy. According to data from Coingecko, Metaplanet currently holds 20,136 BTC on its balance sheet.

Source: Coingecko

In comparison, Strategy holds 638,935 BTC, and continues to extend its lead. However, to rank second, Metaplanet only needs to overtake MARA Holdings, which currently holds 52,477 BTC in its reserves.

Is BTC About To Fall?

Corporate adoption of Bitcoin continues to reach new heights, with a recent report noting that the total value of BTC treasury holdings recently surpassed $113 billion. Just a week ago, Metaplanet added to its BTC reserves.

That said, BTC whales recently dumped 115,000 – the largest distribution since 2022 – hinting that institutional demand for the digital asset may be temporarily waning. At press time, BTC trades at $115,670, down 0.7% in the past 24 hours.

Bitcoin trades at $115,670 on the daily chart | Source: BTCUSDT on TradingView.com

Featured image from Unsplash.com, charts from Coingecko, Metaplanet, and 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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Tron
NFT Gaming

Tron Cuts Network Fees By 60% To Strengthen Position In Stablecoin Market

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The Tron (TRX) network has made headlines by approving a significant reduction in transaction fees, cutting them by up to 60% following a majority vote within the community, as rising fees have been seen as a barrier to user participation and ecosystem development.

Fee Adjustments On Tron

The proposal to lower fees was driven by rising transaction costs that have accompanied an increase in TRX’s value, the network’s native token, which has doubled since 2024. 

The proposal alleged that while higher fees are essential for the Tron network’s overall security and stability, they have also eroded Tron’s competitive edge, making it imperative to adjust them. 

The increase in TRX prices has led to a corresponding rise in fees for transactions, particularly affecting Tether’s USDT stablecoin and other contracts on the platform. 

As a result, the earlier 50% reduction in energy unit prices, established by a previous proposal, has been negated, prompting this latest response from the Tron Super Representative community.

The 1-D chart shows TRX’s price trending upwards despite the overall market correction. Source: TRXUSDT on TradingView.com

As of this writing, TRX trades at $0.33, up by 107% year-to-date, being in the top performers in the cryptocurrency market during the same period, outpacing tokens like Bitcoin (BTC), Ethereum (ETH) and other altcoins such as Solana (SOL) and Cardano (ADA). 

Short-Term Profit Impact Expected

Justin Sun, the founder of Tron and a prominent figure in the crypto space, announced this decision on social media platform X (formerly Twitter). He highlighted that the upcoming fee reduction will be the largest fee cut since the network’s inception back in 2017 along with the TRON Foundation. 

Sun alleged that in the short term, this reduction is expected to impact the networ’s profitability, given that the network relies on transaction fees as a primary revenue source. 

However, Sun expressed confidence that the long-term benefits would outweigh these initial drawbacks. By encouraging increased user engagement and higher transaction volumes, Tron aims to foster a more vibrant ecosystem that ultimately enhances profitability.

To ensure that the fee structure remains competitive and sustainable, the network’s Super Representative community plans to conduct quarterly reviews of network fees. 

These assessments will take into account various factors, including fluctuations in TRX prices, levels of network activity, and overall growth rates. In his social media post, Sun further stated: 

On August 26, 2025, the Tron Super Representative community proposed to reduce Tron network fees by 60%. This is the largest fee reduction since the founding of the Tron network. The proposal has already passed and will take effect at 20:00 (GMT+8) this Friday

Featured image from DALL-E, 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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NFT Gaming

ETH Bulls Eyeing $5K as Flows Strengthen

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Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

ETH’s chances of hitting $5,000 this month climbed to 26% on Polymarket, up from 16% just a few days ago, as traders priced in momentum from institutional accumulation and shifting BTC-ETH flows.

(Polymarket)

“Ethereum’s recent strength is mainly showcased by the level of flows into it, where a major liquidity floor has been built by institutions,” said March Zheng, General Partner at Bizantine Capital in a note to CoinDesk.

He added that the ETH/BTC ratio had been sitting at a localized low, making a rebound overdue, and that this cycle is supported by stronger fundamentals such as global stablecoin adoption and clearer regulation.

Market rotation added further color to the rally, Enflux, a market maker, wrote to CoinDesk in a note. XRP joined ETH in leading the majors, while capital chased new narratives, such as CRO, following Trump Media’s “Cronos Treasury” initiative.

Hyperliquid’s surge in trading volume, surpassing Robinhood in July, highlighted how retail speculation is tilting toward native infrastructure, with its $HYPE token gaining double digits. These undercurrents suggest that what matters most is not the day’s closing print but the structural reallocation of liquidity across the crypto landscape, Enflux noted.

Liquidity is being redistributed across the crypto landscape, market observers say, but ETH’s role at the center is reinforced by institutional conviction.

“Markets react to headlines, but longer-term value is driven by fundamentals,” Gracie Lin, CEO of OKX Singapore, told CoinDesk in a note.

“This is why Ethereum continues to show strength through real utility — even as prices pull back, big institutional moves like BitMine’s ETH accumulation prove there’s deep conviction in its role at the core of crypto,” Lin continued. “With new macro data like the US PCE coming in later this week, we’re about to see how that conviction holds up amidst volatility.”

ETH has outpaced BTC by a wide margin, gaining 20% over the past 30 days compared to bitcoin’s 6% decline, market data shows, and trading volumes show ETH commanding more liquidity than BTC despite its smaller market cap.

Market Movements

BTC: Bitcoin is trading at $111,733.63, but weak on-chain activity and $940M in liquidations signal fading momentum.

ETH: Ether is trading at $4,598.67, below its recent all-time high of $4,946, as institutional inflows power the rally while DeFi activity and TVL remain weaker than in past cycles.

Gold: Gold is trading at $3,410.80, holding above $3,400 as Powell’s rate-cut hints, Trump’s Fed shake-up, and record central bank buying fuel safe-haven demand with traders eyeing a run toward $3,500.

Nikkei 225: Asia-Pacific markets mostly fell Wednesday despite Wall Street’s overnight gains, with Japan’s Nikkei 225 down 0.17%.

S&P 500: The S&P 500 rose 0.41% to 6,465.94 on Tuesday as investors looked past Trump’s removal of Fed Governor Lisa Cook and awaited Nvidia’s earnings.

Elsewhere in Crypto:

  • Trump-backed World Liberty Token Could Decimate Retail Investors, Compass Point Warns (Decrypt)
  • U.S. CFTC, a Top Crypto Watchdog, Is About to Shrink Commission to Only One Member (CoinDesk)
  • Bitcoin Miner Hut 8 Surges 10% on 1.5GW Expansion Plans (CoinDesk)



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