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News 2025 September 12, 12:00 (42 days ago )

6 hours Crypto Highlights: FTX, Solana, Meme Coins, Regulations | Unfolding Events

Galaxy Digital has increased its #Solana holdings as the #FTX estate has unstaked $45 million worth of SOL tokens. This move comes as the crypto market continues to react to the ongoing fallout from the FTX collapse.

A sophisticated phishing exploit has drained $3 million in USDC from a multi-signature wallet, raising alarms about security within the crypto ecosystem. This incident highlights the increasing risks associated with digital asset management.

In regulatory news, #Coinbase is taking legal action against the U.S. SEC for the absence of communications from its chairman, Gary Gensler. This lawsuit could have significant implications for regulatory clarity in the cryptocurrency space.