The crypto trust crisis nobody wants to admit | Opinion

Trust Wallet has launched the Trust Moon Accelerator, aimed at supporting innovative Web3 projects. This initiative is significant as it provides resources and mentorship to emerging developers, fostering growth in the decentralized ecosystem. By investing in these projects, Trust Wallet is not only enhancing its platform but also contributing to the broader Web3 landscape, which is crucial for the future of digital finance and technology.

Gate has launched a new Layer 2 network aimed at enhancing Web3 capabilities, marking a significant step in the evolution of decentralized applications. This development is crucial as it promises to improve transaction speeds and reduce costs, making Web3 more accessible to users and developers alike. As the demand for efficient blockchain solutions grows, Gate's initiative could play a pivotal role in shaping the future of digital interactions.

A new phishing campaign is making waves in the crypto community by targeting prominent figures on X, exploiting the platform's app authorization system to bypass traditional security measures like passwords and two-factor authentication. This development is concerning as it highlights vulnerabilities in widely used security protocols, putting sensitive information and assets at risk for many users.

The internet, once envisioned as a decentralized space, has become dominated by giants like Amazon and Google. However, innovations such as state channels are paving the way for a return to this original vision by facilitating fast and secure peer-to-peer interactions without the need for trusted intermediaries. This shift is crucial as it empowers users and promotes a more equitable online environment, according to Alexis Sirkia from Yellow Network.

The Cardano Foundation has unveiled an exciting new roadmap aimed at driving mass adoption of its platform. This six-point plan focuses on key areas like decentralized finance, Web3 integrations, and enhancing governance, all designed to make Cardano more accessible and effective. By prioritizing liquidity and organizational focus, the foundation is positioning itself for significant growth and impact in the blockchain space, which is crucial as the demand for innovative financial solutions continues to rise.

In September 2025, the landscape of Bitcoin wallets is looking brighter than ever, with a variety of options available for users seeking security and convenience. This article compares cold storage, mobile, and Web3 wallets, highlighting their unique features and benefits. Understanding these options is crucial for anyone looking to safeguard their digital assets in an increasingly digital world, making informed choices that can protect their investments.

Former Binance CEO Changpeng Zhao, known as CZ, has publicly criticized a Financial Times report that portrayed his new venture, YZi Labs, in a negative light. The report claimed he was seeking to open a $10 billion portfolio to outside investors, which CZ vehemently denied. This controversy matters as it highlights the ongoing scrutiny and challenges faced by leaders in the cryptocurrency space, especially as they navigate the intersection of innovation and public perception.

BounceBit Prime has achieved a significant milestone by surpassing $1.5 billion in cumulative volume, largely thanks to the support from Franklin Templeton's Benji token. This achievement is notable as it reflects growing confidence in the platform, especially with its vault reaching a total value locked of $10 million. Such developments are crucial in the ever-evolving cryptocurrency landscape, indicating a positive trend for investors and users alike.

SoftBank and Ark Invest are reportedly in talks to join Tether's significant funding round, aiming to raise between $15 billion and $20 billion for a 3% equity stake. This move could elevate Tether's valuation to $500 billion, highlighting the growing interest in stablecoins and their potential impact on the cryptocurrency market. Such investments not only bolster Tether's financial standing but also signal confidence from major players in the future of digital currencies.

Cango has successfully mined 141 Bitcoin this week, bringing its total holdings to an impressive 5,708 BTC as of September 26. This achievement is a significant step in their 2025 strategy, showcasing their commitment to expanding their cryptocurrency portfolio. The rise in Bitcoin holdings not only reflects Cango's operational success but also highlights the growing importance of cryptocurrency in the financial landscape.

The UK is embarking on an exciting new chapter in banking and digital payments with the launch of a two-year pilot program for a digital pound. UK Finance, representing over 300 financial institutions, is spearheading this initiative alongside six major banks, including Barclays and HSBC. This pilot aims to test tokenized deposits in pounds, which could revolutionize how we think about money and transactions. It's a significant step towards modernizing the financial landscape and could enhance the efficiency and security of payments in the UK.

SWIFT has launched an exciting blockchain test run with major global banks like BNY Mellon and BNP Paribas, aiming to migrate its core messaging system to ConsenSys' Ethereum layer-2, Linea. This initiative is significant as it showcases the growing adoption of blockchain technology in traditional banking, potentially enhancing transaction efficiency and security. As financial institutions explore innovative solutions, this collaboration could pave the way for a more interconnected and modern banking system.

Bitcoin and several major altcoins are attempting to initiate a recovery, but analysts suggest they may face considerable selling pressure as prices rise. This situation is crucial for investors to monitor, as it could indicate the market's overall health and potential future trends.