The crypto landscape continues to evolve at a rapid pace, with major developments across exchanges, infrastructure, investments, and ecosystem growth. From Binance’s upcoming BNSOL launch to Pantera’s strategic investment in TON and new product rollouts on Coinbase, the industry is seeing a surge of innovation and capital movement. This update dives into the latest market-moving news while highlighting key trends shaping the future of blockchain and digital assets.
Vitalik Confirms He Writes His Own Content
Ethereum co-founder Vitalik Buterin addressed speculation about his social media presence, clearly stating that he personally writes all his posts and articles. In response to questions about whether a team manages his online activity, Buterin affirmed: "I have never used a ghostwriter — not for long-form pieces, not for tweets." This reaffirms his hands-on approach to communication and thought leadership within the Ethereum and broader Web3 communities.
Binance Teases Launch of "BNSOL"
Binance has sparked market speculation with a cryptic tweet: "BNSOL Coming Soon." The post received a handshake emoji reply from Sanctum, a prominent player in the Solana liquid staking space, suggesting a potential collaboration. While details remain scarce, the naming convention — mirroring Binance’s existing BNB-staked token (BNBx) — hints that BNSOL could be a new liquid staking token for Solana (SOL), possibly backed or issued by Binance. If confirmed, this would mark Binance’s deeper integration into the Solana ecosystem and expand its staking offerings beyond BNB Chain.
👉 Discover how leading exchanges are expanding their staking and derivatives offerings.
Coinbase International Adds BB, CFX, and NEO Perpetual Contracts
Coinbase International Exchange is broadening its derivatives portfolio by launching perpetual contracts for BounceBit (BB), Conflux (CFX), and Neo (NEO). Trading for BB-PERP, CFX-PERP, and NEO-PERP pairs will go live on September 5, 2024, at 9:30 UTC. This move signals growing institutional interest in mid-cap ecosystems and enhances liquidity options for traders focused on these networks.
dappOS Launches Intent Assets to Unify Yield and Usability
dappOS, an intent execution network backed by Binance Labs and Polychain Capital, has introduced Intent Assets — a novel concept designed to merge yield generation with seamless on-chain usability. Unlike traditional staked assets that are locked or wrapped, intent assets like intentETH can earn 6–12% APY while being used directly in DeFi protocols or transferred to centralized exchanges.
For example, users can add intentETH as liquidity on a DEX or deposit it on a CEX without unstaking. The initiative partners with protocols such as Pendle, BounceBit, and Monad, reinforcing cross-chain interoperability and capital efficiency — two core pillars of next-gen Web3 infrastructure.
Pantera Invested $100M+ in TON at 40% Discount
According to Bloomberg, Pantera Capital led a major investment round in Toncoin (TON), acquiring over $100 million worth of tokens at 60% of market price — a 40% discount — during a private sale in May 2024. The deal included a one-year lockup, after which Pantera can gradually sell its holdings over several years.
This positions Pantera as one of the largest early backers of TON, the blockchain powering Telegram’s ecosystem. With Telegram’s 900 million+ user base potentially driving mass adoption of TON-based payments and mini-apps, the investment underscores growing confidence in real-world blockchain utility.
Other participants in the round included Animoca Brands and Mirana Ventures. At the time of the deal, TON traded around $6.32 on average — meaning Pantera’s entry point was approximately $3.79, offering substantial upside potential.
Binance Futures Launches CHESS/USDT Perpetual Contract
Binance Futures has launched the CHESS/USDT perpetual contract with leverage up to 75x. The move boosts visibility for Chess.com’s blockchain gaming token and opens new hedging and speculation avenues for traders. High-leverage derivatives remain popular in volatile markets, though users are advised to manage risk carefully.
SHRAPNEL Regains Board Control, Targets 2025 Launch
Web3 shooter game SHRAPNEL has resolved internal governance issues, regaining control of its board despite ongoing legal disputes involving founders. The team emphasized that core development remains intact and highly capable.
Development priorities now focus on:
- Enhancing gameplay quality and accessibility
- Building high-value on-chain assets
- Expanding utility for the SHRAP token
An extended early access phase is planned for Q4 2024, leading up to a free-to-play public launch in early 2025.
QCP Capital: Crypto Market to Trade Sideways in September
QCP Capital notes that despite strong earnings from tech giant Nvidia, crypto markets reacted with a "sell the news" pattern — BTC dipped below $60K**, and **ETH hovered near $2,500. The firm attributes this to fading short-term volatility and cautious positioning ahead of key macroeconomic events.
Market sentiment remains bearish-leaning through October, as indicated by options data showing preference for downside protection. With no major catalysts expected before the U.S. non-farm payrolls report, QCP predicts continued range-bound trading throughout September.
Edge Matrix Chain Raises $20M for AI Layer1 Infrastructure
Edge Matrix Chain (EMC), an AI-focused Layer1 blockchain incubated by Future3 Campus, has secured $20 million in funding led by Amber Group and Polygon Ventures. Additional investors include One Comma, Cyberrock Venture Fund, and Candaq Fintech Group.
EMC aims to become a foundational infrastructure layer for AI-driven decentralized applications. It recently launched a two-month public testnet incentive program with a $5 million reward pool, distributed across two phases to encourage developer participation and stress-test its network.
👉 Explore how AI and blockchain convergence is creating new investment frontiers.
BNB Chain Opens Applications for MVB Season 8 Accelerator
BNB Chain has launched applications for the 8th season of its Most Valuable Builder (MVB) accelerator, jointly operated by Binance Labs and CMC Labs. The four-week program offers selected teams:
- Customized curriculum and mentorship
- Fireside chats with industry leaders
- Up to $300,000 in free services
Applicants must build primarily on BNB Chain, deploy core smart contracts there, and have launched their token on the network. The deadline is September 19, 2024, at 7:59 AM Beijing Time. With past acceptance rates below 2%, competition remains fierce.
deBridge to Fair-Launch DBR Token via Jupiter LFG
deBridge Foundation will launch its DBR token through Jupiter’s LFG (Launch Fair and Grow) mechanism — designed to resist bot dominance and prioritize real users. Key details:
- Fixed price: $0.025 per DBR
- Cap per wallet: $25,000
- Total supply offered: 200 million DBR (2% of total)
- Hard cap: $5 million in USDC
- 50% vested at TGE; remaining 50% unlocks after 6 months
Additionally, deBridge will seed a Meteora AMM pool with 3 million USDC and 100 million DBR, setting an initial market price of $0.03.
Alchemy Acquires Bware to Strengthen Node Infrastructure
Web3 development platform Alchemy has acquired Romanian blockchain infrastructure provider Bware, integrating its 40-member team into Alchemy’s product division. The acquisition strengthens Alchemy’s node reliability and global coverage without disrupting existing clients. Notably, Alchemy will not take over Bware’s INFRA token or decentralized network.
Metis Foundation Launches $4M Gitcoin Grant Program
Metis Foundation has partnered with Gitcoin to launch a $4 million annual grant program** supporting ecosystem innovation. The first round offers **3,000 METIS ($100K) via quadratic funding (QF), a proven mechanism for fair community-driven allocation. Projects focused on advancing the Metis ecosystem can apply through Gitcoin for funding and long-term support.
Frequently Asked Questions (FAQ)
Q: What is BNSOL likely to be?
A: Based on naming patterns and community signals, BNSOL is expected to be a liquid staking token for Solana (SOL), potentially issued or backed by Binance in collaboration with Sanctum.
Q: How much did Pantera pay for TON tokens?
A: Pantera acquired Toncoin at a 40% discount to market price — approximately $3.79 per token — during a private sale in May 2024.
Q: What are intent assets by dappOS?
A: Intent assets allow users to earn yield (6–12% APY) while using the asset directly across DeFi or CEX platforms without unstaking — combining liquidity and returns.
Q: When will SHRAPNEL launch?
A: SHRAPNEL plans a free-to-play public release in the first half of 2025, following an extended early access phase in Q4 2024.
Q: How can I participate in the DBR token launch?
A: DBR will be available via Jupiter’s LFG launchpad at $0.025 per token. Participation requires meeting eligibility criteria; details will be announced on deBridge’s official site.
Q: Is the MVB accelerator only for BNB Chain projects?
A: Yes — projects must operate primarily on BNB Chain, deploy core contracts there, and have issued their token on the network to qualify.
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