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Fidelity tokenized fund on Ethereum.
BitMine’s $9b ETH treasury.
NPM supply chain attack.
MegaETH USDm stablecoin.
Fidelity Investments quietly launched the Fidelity Digital Interest Token (FDIT), an ERC-20 token on Ethereum representing shares in its Fidelity Treasury Digital Fund (FYOXX). The tokenized fund, backed by short-term U.S. Treasury securities and cash equivalents, has over $200 million in AUM with a 0.2% management fee. FDIT competes with BlackRock’s BUIDL fund, which has over $2.2 billion in AUM, targeting institutional investors in the $7.4 billion tokenized treasury market. Custodied by BNY Mellon, FDIT offers 24/7 onchain settlement and can be used in DeFi. Fidelity has not yet made a public announcement on its tokenized fund.
BitMine Immersion Technologies Inc. purchased an additional 202,469 ETH in the past week, bringing its ETH treasury to 2,069,443 ETH, worth about $9 billion. BitMine remains the world’s largest corporate holder of ETH. The company aims to acquire 5% of the total ETH supply. BitMine also announced a $20 million strategic investment into Eightco Holdings (NASDAQ: OCTO), which is adopting Worldcoin (WLD) as its primary treasury asset. It marks BitMine’s “Moonshot” investment strategy, aligning with the Ethereum ecosystem. Following the announcement, WLD surged ~45% from $1 to $1.5.
A major supply chain attack struck the Node Package Manager (NPM) registry after a maintainer’s account was compromised through a phishing email. Attackers were able to inject malware into 18 popular JavaScript packages. The malicious code intercepts crypto transactions by swapping wallet addresses, tricking users into signing transfers to attacker-controlled accounts. The attack is coined as one of the largest software supply chain attacks in history. The attack impacts projects that pulled fresh versions of the software libraries during the ~2.5-hour breach window on 8th September. Users are advised to verify transactions on hardware wallets before signing. Software wallet users are also urged to avoid onchain activity until the ecosystem stabilizes.
MegaETH introduced USDm, its native stablecoin developed in collaboration with Ethena. MegaETH plans to run its sequencer at cost and redirect yield from USDm reserves to cover operations and deliver low fees for users. USDm v1 is issued via Ethena’s USDtb token, which holds reserves in BlackRock’s tokenized U.S. Treasuries (BUIDL) and liquid stablecoins, ensuring institutional-grade backing and a predictable yield. MegaETH is the first real-time Ethereum-secured blockchain, combining full EVM composability with a hyper-optimized execution environment. The project aims to deliver 10ms latency and up to 100,000 TPS throughput, enabling real-time transactions.
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Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Fidelity tokenized fund on Ethereum.
BitMine’s $9b ETH treasury.
NPM supply chain attack.
MegaETH USDm stablecoin.
Fidelity Investments quietly launched the Fidelity Digital Interest Token (FDIT), an ERC-20 token on Ethereum representing shares in its Fidelity Treasury Digital Fund (FYOXX). The tokenized fund, backed by short-term U.S. Treasury securities and cash equivalents, has over $200 million in AUM with a 0.2% management fee. FDIT competes with BlackRock’s BUIDL fund, which has over $2.2 billion in AUM, targeting institutional investors in the $7.4 billion tokenized treasury market. Custodied by BNY Mellon, FDIT offers 24/7 onchain settlement and can be used in DeFi. Fidelity has not yet made a public announcement on its tokenized fund.
BitMine Immersion Technologies Inc. purchased an additional 202,469 ETH in the past week, bringing its ETH treasury to 2,069,443 ETH, worth about $9 billion. BitMine remains the world’s largest corporate holder of ETH. The company aims to acquire 5% of the total ETH supply. BitMine also announced a $20 million strategic investment into Eightco Holdings (NASDAQ: OCTO), which is adopting Worldcoin (WLD) as its primary treasury asset. It marks BitMine’s “Moonshot” investment strategy, aligning with the Ethereum ecosystem. Following the announcement, WLD surged ~45% from $1 to $1.5.
A major supply chain attack struck the Node Package Manager (NPM) registry after a maintainer’s account was compromised through a phishing email. Attackers were able to inject malware into 18 popular JavaScript packages. The malicious code intercepts crypto transactions by swapping wallet addresses, tricking users into signing transfers to attacker-controlled accounts. The attack is coined as one of the largest software supply chain attacks in history. The attack impacts projects that pulled fresh versions of the software libraries during the ~2.5-hour breach window on 8th September. Users are advised to verify transactions on hardware wallets before signing. Software wallet users are also urged to avoid onchain activity until the ecosystem stabilizes.
MegaETH introduced USDm, its native stablecoin developed in collaboration with Ethena. MegaETH plans to run its sequencer at cost and redirect yield from USDm reserves to cover operations and deliver low fees for users. USDm v1 is issued via Ethena’s USDtb token, which holds reserves in BlackRock’s tokenized U.S. Treasuries (BUIDL) and liquid stablecoins, ensuring institutional-grade backing and a predictable yield. MegaETH is the first real-time Ethereum-secured blockchain, combining full EVM composability with a hyper-optimized execution environment. The project aims to deliver 10ms latency and up to 100,000 TPS throughput, enabling real-time transactions.
Other News
ACDT #52 recap
EF recaps Ethereum Tour
Reth v1.7.0 release
Tim Beiko planned leave
Octant v2 audit contest
Codex stablecoin chain
Etherscan points redemptions
CL spec is the backbone
Vitalik highlights
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
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Fidelity Investments has launched a tokenized fund on Ethereum called the Fidelity Digital Interest Token, representing shares in its Fidelity Treasury Digital Fund. Meanwhile, BitMine has surpassed 2 million ETH in its treasury, becoming the largest corporate holder. A significant supply chain attack on NPM has compromised users by injecting malware into JavaScript packages to swap wallet addresses. Additionally, MegaETH introduced USDm, a stablecoin with institutional backing. Read more details from @ethdaily.eth.