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Crypto Trends

Samsung Brings Coinbase Access to 75M Wallet Users in Latest Crypto Embrace

by admin October 4, 2025



In brief

  • Samsung has integrated Coinbase access within its wallet app in the United States.
  • The feature lets Samsung device owners more easily purchase cryptocurrency from their phones.
  • Samsung has been immersed in crypto for years via phone integrations, investments, and enterprise blockchain moves.

Tech giant Samsung has expanded its collaboration with crypto exchange Coinbase to offer its 75 million U.S. Galaxy device owners easier cryptocurrency access through Samsung Wallet and Samsung Pay.

First announced in July, the team-up now allows Coinbase users to purchase cryptocurrency directly within the app using Samsung Pay, streamlining investment management on its secure platform.

Samsung Wallet users receive exclusive benefits as part of the collab, including a free 3-month Coinbase One subscription. This premium membership offers zero trading fees on select assets, enhanced staking rewards, and partner offers. New traders also receive a $25 credit after their first Coinbase transaction.



“Samsung Wallet is a trusted tool to millions of Galaxy users, and we’re continually working to find creative ways to enhance the experience with added functionality,” said Drew Blackard, senior VP of mobile product management at Samsung, in a statement. “Coinbase is a leader in the industry, which made them the ideal partner to provide our users with seamless access to crypto.”

The companies suggested further international expansion to come in the months ahead.

Coinbase’s stock is up more than 1% on the day to a price of about $376 per share following the news, boosting its weekly spike to 20%. Crypto stocks are broadly up over the last week alongside rising asset prices, with Bitcoin topping a price of $121,000 on Thursday for the first time since mid-August.

Samsung has long embraced cryptocurrency and blockchain, making numerous investments in the industry while integrating crypto wallet and trading functionality on its devices for years.

The company first added crypto support to its phones in 2019 through its Knox secure enclave, later expanding asset support and enabling the use of hardware wallets with phones. The company also offered NFTs as pre-order bonuses for the Galaxy S22 phones. For a time, Samsung also operated an enterprise blockchain platform called Nexledger.

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October 4, 2025 0 comments
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(Jesse Hamilton/CoinDesk)
GameFi Guides

Samsung Adds Coinbase Crypto Access for 75M Galaxy Device Users

by admin October 3, 2025



Samsung is teaming up with Coinbase to give 75 million Galaxy device owners in the U.S. access to the exchange’s priority trading service, making it the largest single consumer distribution Coinbase has executed, and Samsung Galaxy’s biggest crypto bet to date, the companies said.

The Samsung Wallet will allow Galaxy owners access to the Coinbase One service, which includes zero trading fees and increased staking rewards. It means users can explore crypto without downloading a separate app or moving funds across platforms.

Samsung Pay is also being linked to Coinbase accounts, allowing Galaxy owners to make payments tied to their holdings. As such, crypto tools will be available in the same place phone users already store payment cards, transit passes and IDs.

“Our mission is to bring more than a billion people on chain, and that starts with meeting them where they already are: on their phones,” said Shan Aggarwal, Chief Business Officer, Coinbase.

While the rollout starts in the U.S., Samsung and Coinbase plan to expand the program to international markets over the coming months.

“Samsung Wallet is a trusted tool to millions of Galaxy users, and we’re continually working to find creative ways to enhance the experience with added functionality,” said Drew Blackard, SVP of Mobile Product Management, Samsung Electronics America.



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October 3, 2025 0 comments
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Amazon Add to Delivery feature
Product Reviews

Amazon Is Finally Let Users Add More Items to Upcoming Deliveries

by admin October 2, 2025



Amazon is making it easier than ever to keep shopping after you’ve already checked out. A new feature lets users add extra items onto upcoming deliveries instead of starting a whole new order.

Say you forgot to add eggs to your grocery cart or you realize an hour later that you are running low on toilet paper, now you can drop those last-minute items into your order before it ships with no need to go through checkout again.

The e-commerce giant announced the feature today, calling it “Add to Delivery.” With a single tap, shoppers can add eligible items to their next scheduled delivery.

Add to Delivery follows a long line of options the company has rolled out over the years to make shopping feel more flexible. Amazon Day lets users choose a specific weekday for all their packages to arrive at once. No-Rush Shipping, meanwhile, nudges shoppers to slow down their orders in exchange for discounts or credits that can be spent on digital goods like eBooks, movies, and apps.

By contrast, Add to Delivery goes in the opposite direction, allowing users to buy more things and get them faster.

It also comes as Amazon keeps upgrading its shipping machine. In August, the company expanded same-day grocery delivery to 2,000 U.S. cities, covering perishables like milk, meat, and seafood. That feat is powered by the logistics muscle Amazon has been building since it launched same-day delivery in 2015. For fresh groceries, the company relies on a network of temperature-controlled facilities designed to keep food safe in transit.

How Add to Delivery works

When users browse the Amazon Shopping app or Amazon.com on mobile, eligible items will now show a bright blue “Add to Delivery” button right on the product page.

“If we can still add to your delivery that’s arriving later today or tomorrow, you’ll see the Add to Delivery option as you shop, and with one tap you’ll be done,” the company said in a press release.

Tapping the button instantly adds the item to the next scheduled delivery. If a user hits the button by mistake or just changes their mind, there’s also an “Undo” option to remove an item.

Items available for Add to Delivery include pantry staples, pet toys, electronics, clothes, and books.

For now, Add to Delivery is exclusively available to U.S. Prime members.



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October 2, 2025 0 comments
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An App Used to Dox Charlie Kirk Critics Doxed Its Own Users Instead
Product Reviews

An App Used to Dox Charlie Kirk Critics Doxed Its Own Users Instead

by admin September 27, 2025


New research released this week shows that over the past few years the US Department of Homeland Security has collected DNA data of nearly 2,000 US citizens. The activity raises questions about legality and oversight given that DHS has been putting the information into an FBI crime database. Some of the genetic data is from US citizens as young as 14.

The US Secret Service said on Tuesday that it had discovered facilities across the “New York tristate area” running so-called SIM servers—devices that manage and coordinate 100,000 SIM cards at a time for illicit operations. The Secret Service warned, though, that in addition to being used by cybercriminals for scamming, the apparatuses could also be used to launch critical infrastructure attacks that could disrupt mobile networks.

A cyberattack on the UK-based automaker Jaguar Land Rover has been causing a supply chain meltdown, halting vehicle production, costing JLR tens of millions of dollars, and forcing its parts suppliers to lay off workers. The beleaguered company will have to shoulder the full cost of the attack because of inadequate insurance coverage, prompting talks of possible UK government assistance.

If you’re worried about phone searches while traveling or doing specific activities, the password manager known as 1Password has a Travel Mode feature that can help you manage sensitive data and temporarily remove it from your device. We’ve got advice on how to use the tool most effectively.

And there’s more. Each week, we round up the security and privacy news we didn’t cover in depth ourselves. Click the headlines to read the full stories. And stay safe out there.

An app used to out those who spoke ill of the murdered right-wing activist Charlie Kirk was found to be leaking its users’ personal information, doxing the very people it had invited to dox its targets.

The app Cancel the Hate, founded in the wake of Kirk’s September 10 assassination, suspended its services this week after it was revealed that security flaws in the website where the app was hosted exposed users’ email addresses and phone numbers. That site had asked its users to collect and share employment and other personal information of critics of Kirk and others “supporting political violence.” But a security researcher who identified themselves only as BobDaHacker demonstrated to news outlet Straight Arrow News that privacy settings on the site didn’t work as advertised, publicly leaking users’ information even when it was set to private. The hacker also reportedly had the ability to delete users’ accounts at will.

Cancel the Hate, which displayed a photo of Kirk on its homepage and was founded by a Kirk supporter who cited his death as the motivation for creating the site, has since taken down its reporting features. It now displays a message on its homepage that it’s moving to a “new service provider.” The page that allows visitors to buy a $23 T-shirt remains online.

Ransomware groups continued to plumb the depths of abject immorality this week with a new tactic: extorting preschools by stealing toddlers’ personal information and threatening their parents. The BBC reports that a hacker group says it has stolen the names, addresses, and photos of around 8,000 children from the preschool chain Kido, which has sites largely around London but also in the US and India. The hackers are threatening to leak the data if a ransom isn’t paid, going so far as to contact some of the children’s parents to reinforce their threat. The group has also posted sample information and photos of 10 children on their dark-web site.

In August, The Guardian, Israeli-Palestinian publication +972 Magazine, and Hebrew-language publication Local Call revealed how Israeli signals intelligence agency Unit 8200 had built a comprehensive surveillance system to intercept and store Palestinian phone calls. More than “a million calls an hour” could be collected by the system, which reportedly amassed around 8,000 terabytes of call data and stored it in Microsoft’s Azure cloud service in the Netherlands, the publications reported.

This week, following an external investigation commissioned by Microsoft, the company pulled some of the Israeli military’s access to its technology. In a statement, Microsoft president Brad Smith said the firm has taken the decision to “cease and disable” some “specific cloud storage and AI services and technologies” that it was providing to Israeli forces. Microsoft’s action—its investigation is still ongoing—follows a wave of staff protests at its ties to Israel and its ongoing war in Gaza. “We do not provide technology to facilitate mass surveillance of civilians. We have applied this principle in every country around the world, and we have insisted on it repeatedly for more than two decades,” Smith wrote in a statement.



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September 27, 2025 0 comments
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A hacker in a Guy Fawkes mask using an Apple MacBook.
Gaming Gear

Fraudulent GitHub Pages impersonate trusted companies to trick Mac users into installing malware, leaving financial and personal data at risk

by admin September 24, 2025



  • Atomic Stealer malware installs silently via fake GitHub Pages targeting Mac users
  • Attackers create multiple GitHub accounts to bypass platform takedowns repeatedly
  • Users copying commands from unverified websites risk serious system compromise

Cybersecurity researchers are warning Apple Mac users about a campaign using fraudulent GitHub repositories to spread malware and infostealers.

Research from LastPass Threat Intelligence, Mitigation, and Escalation (TIME) analysts found attackers are impersonating well-known companies to convince people to download fake Mac software.

Two fraudulent GitHub pages pretending to offer LastPass for Mac were first spotted on September 16 2025 under the username “modhopmduck476.”


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How the attack chain works

While these particular pages have been taken down, the incident suggests a broader pattern that continues to evolve.

The fake GitHub pages included links labeled “Install LastPass on MacBook,” which redirected to hxxps://ahoastock825[.]github[.]io/.github/lastpass.

From there, users were sent to macprograms-pro[.]com/mac-git-2-download.html and told to paste a command into their Mac’s terminal.

That command used a CURL request to fetch a base64-encoded URL that decoded to bonoud[.]com/get3/install.sh.

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The script then delivered an “Update” payload that installed Atomic Stealer (AMOS malware) into the Temp directory.

Atomic Stealer, which has been active since April 2023, is a known infostealer used by financially motivated cybercrime groups.

Investigators have linked this campaign to many other fake repositories impersonating companies ranging from financial institutions to productivity apps.


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The list of targeted names includes 1Password, Robinhood, Citibank, Docker, Shopify, Basecamp, and numerous others.

Attackers appear to create multiple GitHub usernames to bypass takedowns, using Search Engine Optimization to push their malicious links higher on search results in Google and Bing.

This technique increases the chances that Mac users searching for legitimate downloads will encounter the fraudulent pages first.

LastPass states it is “actively monitoring this campaign” while working on takedowns and sharing indicators of compromise to help others detect threats.

The attackers’ use of GitHub Pages reveals both the convenience and the risks of community platforms.

Fraudulent repositories can be set up quickly, and while GitHub can remove them, attackers often return under new aliases.

This cycle raises questions about how effectively such platforms can protect users.

How to stay safe

  • Only download software from verified sources to avoid malware and ransomware risks.
  • Avoid copying commands from unfamiliar websites to prevent unauthorized code execution.
  • Keep macOS and all installed software up to date to reduce vulnerabilities.
  • Use the best antivirus or security software that includes ransomware protection to block threats.
  • Enable regular system backups to recover files if ransomware or malware strikes.
  • Stay skeptical of unexpected links, emails, and pop-ups to minimize exposure.
  • Monitor official advisories from trusted vendors for timely security updates and guidance.
  • Configure strong, unique passwords and enable two-factor authentication for important accounts.

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September 24, 2025 0 comments
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Product Reviews

Instagram reaches 3 billion monthly users

by admin September 24, 2025


Nearly 15 years in, Instagram has passed a new milestone: the app now reaches 3 billion monthly users, Mark Zuckerberg shared in a post on Threads. That’s up from 2 billion monthly users in 2022.

Meta doesn’t regularly share monthly or daily user numbers for its “family” of apps, but Facebook reached 2 billion daily users in 2023; WhatsApp passed 2 billion monthly users in 2020. The company reported 3.48 billion “daily active people” across facebook, WhatsApp and Messenger last quarter.

Meta shared the latest metric as it reportedly plans some significant changes to Instagram. According to Bloomberg, Meta will soon make Reels an even more prominent part of the app. Instagram exec Adam Mosseri told the publication that users will see a redesigned navigation bar that will “highlight private messaging and Reels.” The company will also run a test in South Korea and India that will allow users to set Reels as the default feed for the app. (Instagram’s newly-announced iPad app already makes Reels the default feed in order “to reflect how people use bigger screens today,” the company has said.)

It’s probably no coincidence that these changes come as the United States government edges closer toward an agreement that will put the US version of TikTok largely in the hands of US-based investors. Despite more than a year of uncertainty surrounding the app’s future in the United States, TikTok is still a formidable competitor to Meta more broadly and Instagram specifically.



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September 24, 2025 0 comments
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GameFi Guides

Temporary ‘Boost’ from DeFi Lender Morpho Behind Elevated USDC Lending Rates for Coinbase Users

by admin September 20, 2025



In brief

  • Coinbase unveiled a lending product this week offering “competitive yields.”
  • DeFi lender Morpho is currently subsidizing those rates.
  • A Coinbase employee acknowledged that it’s a marketing tactic.

A lending product unveiled by Coinbase that offers up to 10.8% returns on USDC deposits is receiving a temporary boost from DeFi lender Morpho.

On X, Coinbase Head of Consumer and Business Products Max Branzburg said on Thursday that around 6% of the product’s returns stem from activity that takes place on Morpho’s platform, while an additional 5% is being “boosted” by the protocol itself.

In a statement to Decrypt, a Coinbase spokesperson confirmed that Morpho is currently augmenting the lending product’s returns, but it declined to say whether the arrangement was the product of a deal, or when the effective subsidy could end.

“While the interest rate always fluctuates and will climb or dip naturally over time, the current yield is elevated by the Morpho boost,” they said. “Morpho frequently deploys incentives to drive activity in their ecosystem, and this is part of that broader motion.”

Decrypt has reached out to Morpho for comment.

When Coinbase unveiled the lending product on Thursday, many people wondered where its competitive yields came from, whether through memes or posing the question directly. The intrigue, in many ways, is the product of contagion among crypto lenders in 2022.

The advertised return for Coinbase’s product is not nearly as eye-popping as the 20% returns once offered by Anchor Protocol before Terra’s ecosystem went belly up in 2022. As companies like Coinbase lean into on-chain lending products under crypto-friendly lenders, the pause among some onlookers indicates bad memories haven’t been entirely forgotten.

A blog post introducing Coinbase’s new lending product makes no mention of Morpho’s subsidy, which Branzburg acknowledged is for marketing purposes on X. A Coinbase spokesperson noted that the exchange has a help page explaining that Morpho’s lending rates can vary.

Morpho, which exists on Ethereum and Coinbase’s layer-2 scaling network Base, allows users to create markets for overcollateralized loans that are separate and customizable. For its product, Coinbase said that a firm called Steakhouse Financial is curating the “vaults” that users deposit funds into, or managing risk and allocating USDC to different markets.

Decrypt has reached out to Steakhouse for comment.

The only vault on Morpho tied to Stakehouse that exists Base had $24 million in USDC deposits on Friday, according to Morpho’s website. The vault offered an annual percentage yield of 5.87%, and is currently collecting a 25% performance fee.

The vault’s funds were supplied to markets for borrowing wrapped versions of Bitcoin and Ethereum, including Coinbase’s cbBTC and cbETH products, as well as WETH and wstETH. Over 98% percent of the vault’s funds were dedicated to the market for lending cbBTC.

The Coinbase spokesperson confirmed to Decrypt that the vault is tied to its product.



In a blog post, Morpho said Coinbase’s lending product dovetails with the exchange’s second rollout of crypto-backed loans earlier this year, which are also powered by the DeFi lender. (Coinbase stopped issuing crypto-backed loans under its Borrow service in May 2023, not long after receiving an enforcement threat from the SEC.)

“The two offerings complement each other perfectly: lenders provide liquidity that directly fuels crypto-backed loans,” Morpho said.

Coinbase users can already earn passive rewards on USDC held within their accounts, topping out at 4.5% APY for customers of its subscription-based membership. The dollar-pegged token is backed by cash and U.S. Treasuries, like most other stablecoins.

Several banking groups have called stablecoin rewards a “loophole” under legislation that was recently passed in the U.S., demanding that it be changed. Yet others see the prospect of yields as important for stablecoins to see adoption amid a competitive market.

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September 20, 2025 0 comments
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Crypto Thieves Target Smartphone Users For Digital Wallet Access
Crypto Trends

Crypto Thieves Target Smartphone Users for Digital Wallet Access

by admin September 20, 2025



Despite increasing regulations, London is emerging as a hotspot for crypto-related crimes. In a recent incident, a 42-year-old man, Christian D’Ippolito, had nearly £40,000 worth of crypto assets stolen. 

According to a report by The Financial Times, Christian became a victim of a crypto theft earlier this month. While heading home after a night out near Old Street roundabout, his mobile device was snatched by four men. Over the next few hours, his crypto wallet was emptied of nearly £40,000 worth of assets.

This isn’t a lone case. The London Metropolitan Police say that there is a surge in cases where smartphones of crypto asset holders were stolen in street encounters, notably in areas around Old Street roundabout and Brixton. This allows thieves to access their cryptocurrency wallets and drain tens of thousands of pounds of crypto assets. 

Young Adults are the Primary Prey

With increasing popularity of cryptocurrency, theft incidents are also surging in the UK. Financial Times notes that one in four people aged 18 to 34 own crypto in the country, in which men are most likely to be so. 

The modus operandi of these thieves target young men returning from social events in the evenings. They then engage them in informal talks before snatching their phones. They swiftly move money by getting around security measures, occasionally resetting Apple IDs or taking advantage of cryptocurrency apps.

“They seemed pretty friendly, we were just talking. One of them asked me to take his number for the future. I logged in. At that point, they just grabbed my phone,” said Neil Kotak, another victim who had lost £10,000 in a similar phone snatching incident. 

Smartphone dependency increases vulnerabilities.

The combination of smartphone dependency and the growing popularity of crypto has created new vulnerabilities. An unlocked phone can expose emails, passwords, two-factor authentication (2FA) codes, and even photos of passports, giving thieves full access to victims’ digital assets. 

Even though most crypto transactions are traceable, most thieves are able to get away with the thefts. The police in the UK lack the capacity or the specialist knowledge to follow stolen crypto. 

Only a small percentage of reported fraud, according to Pounder, the former Met and City of London police officer, receives action. In his recent work, Pounder reports 20 thefts to Action Fraud, the police’s specialist fraud unit, and provides supporting evidence. Though the police proceeded with none of the cases. 

Also Read: BitGo Discloses its Financials in Latest SEC Filing Ahead of IPO



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September 20, 2025 0 comments
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Discord, Twitch, Reddit, and Steam CEOs invited to testify at "radicalization of online forum users" hearing
Esports

Discord, Twitch, Reddit, and Steam CEOs invited to testify at “radicalization of online forum users” hearing

by admin September 20, 2025


US Congress has sent formal letters to the CEOs of Twitch, Steam, Reddit, and Discord, inviting them to testify at a committee hearing about the “radicalization of online forum users,” following the assassination of Charlie Kirk earlier this month.

The letters were sent by House Oversight and Government Reform Committee chairman James Comer on September 17, 2025, and were addressed to Discord Inc. CEO Humam Sakhnini, Valve Corporation president Gabe Newell, Twitch Interactive CEO Dan Clancy, and Reddit Inc. CEO Steve Huffman.

“The politically motivated assassination of Charlie Kirk claimed the life of a husband, father, and American patriot,” Comer said in the press release announcing the invitations.

“In the wake of this tragedy, and amid other acts of politically motivated violence, Congress has a duty to oversee the online platforms that radicals have used to advance political violence.

“To prevent future radicalization and violence, the CEOs of Discord, Steam, Twitch, and Reddit must appear before the Oversight Committee and explain what actions they will take to ensure their platforms are not exploited for nefarious purposes.”

The committee hearing takes place on October 8, 2025, and, according to the letters, which each have the same contents aside from the CEO’s name and business address, will “examine radicalization of online forum users, including incidents of open incitement to commit violent politically motivated acts.”

“The Committee on Oversight and Government Reform is the principal oversight committee of the U.S. House of Representatives and has broad authority to investigate ‘any matter’ at ‘any time’ under House Rule X,” the letters read.

These invites are not subpoenas, and therefore, it’s not legally mandatory for any of these CEOs to attend. However, should they refuse, they risk being subpoenaed at a later date.

Those who agree to attend the hearing must provide their written testimony at least two days prior, with each given the opportunity to give a five-minute opening statement before being asked questions by House Oversight and Government Reform Committee members.

Reddit told Reuters it hadn’t yet found evidence that the suspect arrested in connection with Charlie Kirk’s murder, Tyler Robinson, had been active on its platform, and added that it “has strong policies against hateful content and content that incites, encourages, glorifies, or calls for violence.”

However, Discord told Reuters that it welcomes the opportunity to testify, saying: “We continuously engage with policymakers on these critical issues and look forward to continuing this important dialogue next month.”

As reported by BBC News, Discord confirmed that Robinson had sent a message in a Discord group chat in which he appeared to take responsibility for the shooting.

“It was me at UVU yesterday. im sorry for all of this,” the message read, a Discord spokesperson confirmed to the BBC.

Discord told the news outlet, however, that, following an internal investigation, the company found “no evidence that the suspect planned this incident or promoted violence on Discord”.

Neither Twitch nor Valve has publicly confirmed whether their CEOs will attend the hearing.

GamesIndustry.biz has reached out to Twitch, Discord, Reddit, and Valve for comment on this story.



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September 20, 2025 0 comments
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BNB Chain Record
GameFi Guides

BNB Chain hits record monthly users as on-chain activity explodes

by admin September 18, 2025



Summary

  • BNB Chain reached 51.6 million monthly active addresses on Sept. 17, with fees and revenue up more than 23% in the past month.
  • The surge comes as Binance founder Changpeng Zhao plans a $1 billion BNB Treasury Company to support top institutional projects.
  • The BNB token hit $1,000 on Sept. 18, amid speculation about Zhao’s possible return to Binance.

BNB Chain saw record activity with 51.6 million monthly addresses alongside rising revenue over the past month. BNB hit $1,000 as Zhao outlined plans for a $1 billion Treasury Company, fueling rumors about his return to Binance.

BNB Chain, the blockchain behind Binance‘s native token (BNB), reached a new milestone on Sept. 17, when monthly active addresses hit 51.9 million, surpassing a previous all-time high recorded in September 2024, according to Token Terminal data.

BNB Chain’s active users monthly | Source: Token Terminal

The surge in activity comes alongside growth in network metrics, as over the past 30 days, fees collected on the chain reached $13.2 million, a more than 24% jump compared with the previous period, while revenue reached $1.4 million, up 23%, indicating that more users are interacting with the network.

BNB Chain’s transaction count weekly | Source: Token Terminal

By transaction count, BNB Chain also keeps reinforcing its position in the top three layer 1 networks, according to Token Terminal. While Internet Computer leads with 412.2 billion transactions, Solana follows it at 354.5 billion, and BNB Chain with the transaction count at 9.2 billion.

As of September, the network supports over 1,095 projects across sectors, including DeFi, gaming, and NFTs, with the total value locked in in BNB Chain standing at $7.68 billion, still down around 65% from 2021’s peak.

Speaking with crypto.news, Marwan Kawadri, DeFi lead and head of EMEA at BNB Chain, attributed the growth to a big user base of 4 million daily active users and more than 625 million unique addresses, as well as deep global liquidity with more than $11 billion in TVL and stablecoin circulation.

Kawadri added that the team is now aiming to reach a “CEX-like experience” so that transactions “will be confirmed in under 150 milliseconds.”

“Overall, BNB Chain is targeting to become a settlement layer and financial infrastructure for all assets, it will not be specifically limited to any particular trading scenario. The direction and initial form of this chain are still continuously evolving, and we will explore and build this together with the community.”

Marwan Kawadri

The growth in on-chain activity coincides with a rise in BNB’s market value as the token recently hit a new all-time high of $962. Part of this momentum seems to be tied to announcements from Binance founder Changpeng Zhao, who outlined plans for the upcoming BNB Treasury Company in an interview with Leon Lu, founder of B Strategy.

As crypto.news reported earlier, Zhao described BNB as a “true utility coin,” highlighting its multi-chain compatibility and its use across trading discounts, yield generation, launch pools, launchpads, and the Binance Alpha ecosystem. He also emphasized BNB’s role across both centralized and decentralized platforms, including cross-border payments and dApps worldwide, noting that the ecosystem has untapped potential in regions such as Southeast Asia, Europe, the Middle East, and Africa.

Back as CEO

The planned BNB Treasury Company is expected to raise $1 billion with backing from YZi Labs. Zhao said the initiative will target institutional demand, focusing support on strong, well-positioned projects. “We’ve been approached by probably more than 50 companies for BNB specifically…we will only do that to a very small number of DAT companies. Basically, the very top, strong ones,” Zhao said in the podcast.

Speculation about Zhao’s possible return to Binance has also grown. On Sept. 17, the Binance founder updated his X profile, changing it from “ex-@binance” back to “@binance.” Zhao stepped down as CEO nearly two years ago following a $4.3 billion settlement with the U.S. Department of Justice in November 2023 over anti-money laundering violations.

Reports also suggest that the DOJ may soon lift compliance restrictions on Binance, which has fueled rumors about his potential return, though Zhao has stated he does not plan to resume the CEO role.

Data from crypto.news shows BNB hit an all-time high of $1,000 on Sept. 18, setting a new historical milestone for the BNB Chain ecosystem. As of press time, the token is up 3.7% in the past 24 hours, trading around $989, and it has risen over 10% over the past week.



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September 18, 2025 0 comments
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