Bitcoin has recovered to $85,000, and Pump.fun has risen 16% in the past 24 hours. Major altcoins such as Ethereum and Ripple have also seen slight increases, with some altcoins showing more significant gains. The total cryptocurrency market capitalization has increased by approximately $30 billion.
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Domestic virtual asset transaction value decreased by 44% in the first half of the year, with a net outflow of 6,762 Bitcoins in the past week. The US CFTC is establishing virtual asset regulation rules with its existing authority, and Japan has added 33 Russia-related entities to its sanctions list. Various issues included Microsoft account hacking, Ethereum phishing attacks, XRPL batch function activation, and Cronos token burning.
Crypto.com's exchange has burned 230 million CRO tokens. The exchange will allocate 100% of its revenue to token buybacks and burns, reducing the circulating supply. Staking rewards will be maintained to offset the reduction in new token issuance.
Cronos (CRO) has burned 230 million tokens and will use 100% of revenue from Cronos Ult and Cronos Launch for monthly token buybacks and burns. Staking rewards will be maintained from strategic reserves.
Cronos has completed a tokenomics overhaul, burning over 230 million tokens through a community vote and allocating 100% of its revenue to buy back and burn tokens. Staking rewards will remain unchanged.
Cronos passes tokenomics proposal via community vote and completes burning of 228 million CRO. Plans to use 100% of revenue to buy back and burn CRO, reaching a cumulative burn of 428 million CRO. Staking reward mechanism remains unchanged.
Cronos community approved tokenomics proposals, burning 228 million CRO. Future revenue from Cronos Ult and Launch will buy back and burn CRO monthly, with transaction hashes published. Staking rewards remain funded by the Strategic Reserve.
Two token economic proposals passed through a Cronos community vote, resulting in the burning of 228 million CRO from the community pool. The cumulative burn now stands at 428 million CRO. Future plans include purchasing and burning CRO with revenue from Ult and Cronos Launch. The staking reward system will remain in place.
In the domestic cryptocurrency market, WLD, STX, and ONDO showed significantly higher domestic trading volumes compared to overseas. STX, in particular, had a domestic ratio 24 times higher than overseas. Conversely, BNB, USDC, and USDT had higher overseas trading ratios. SUI showed the highest Kimchi premium, while some other coins exhibited a negative premium.
House Oversight Chair Comer is investigating Crypto.com, Hyperliquid, and PredictIt regarding identity checks. This probe highlights regulatory scrutiny and the importance of compliance in the expanding digital asset ecosystem.
Bitcoin is consolidating in the $83,000-$85,000 range, with some altcoins experiencing double-digit gains while major altcoins show weakness, resulting in mixed price movements across different cryptocurrencies. Ethereum has seen a decline, and Chainlink dropped due to profit-taking. Conversely, Quant, Pump.fun, and NIGHT have shown upward trends.
In the domestic cryptocurrency market, XRP, XLM, and HBAR showed high trading concentration. Notably, ONDO and WLD had significantly higher domestic trading proportions compared to global markets. Recently, LIT experienced a sharp decline, leading to a surge in trading volume, while HBAR exhibited the highest Kimchi premium.
Crypto.com's AI agent, launched with a splashy Super Bowl ad, remains in stealth mode nearly 8 months later. While rivals like Robinhood and Kraken offer AI trading tools, Crypto.com's agent aims for broader capabilities but faces delays.
Rep. James Comer is investigating trading on prediction market platforms like Crypto.com and Hyperliquid, requesting user verification and suspicious trade data. The probe aims to assess insider trading and potentially legislate against government officials trading on these platforms.
According to Coinnos Market, CRO has fallen 4.72% in the last 5 minutes and is currently trading at $0.06. This is a breaking news alert automatically sent when a significant price change is detected among assets with a market capitalization of over $3 billion.
Cronos to Host Meetup in Rome on September 26th

Cronos is hosting a community meetup in Rome on September 26th, offering attendees a chance to connect with the Crypto.com team, discuss tokenized stocks, and learn about Web3 developments. The event highlights Cronos's role in scaling the Web3 community.
The Chronos (CRO) community has unveiled a governance proposal to use all of Chronos Labs' product revenue for CRO buybacks and burns. The revenue will be used to purchase and burn CRO monthly, with on-chain transaction hashes to be disclosed. Operating expenses will be covered by existing capital.
Cronos community proposes using product revenue from Ult and Cronos Launch to buy back and burn CRO monthly on-chain. Existing capital will fund operations, and a strategic reserve will support future staking rewards.
The CFTC is expanding crypto and prediction market trading to online platforms by exempting certain software providers from registration, allowing them to operate without custody of user assets.
Cronos Released Ult for Android

Cronos has launched its Ult mobile application for Android, enabling users to access multiple trading markets from one interface. An iOS version is expected soon. CRO is the native token of the Cronos blockchain.










