Ethereum is going through a tense market environment after back-to-back days of heavy institutional outflows and a sharp dip below $4,000. BlackRock sold ETH for the second time in seven days, while exchange-traded funds shed more than $315 million in just two sessions.

The crypto market crashed sharply over the last 24 hours, adding to the already painful week for Bitcoin and altcoins likewise. This makes the crypto tokens reliant on external development to trigger a shift in stance.

Zeus Network has launched BitcoinKit, a new set of developer tools designed to make Bitcoin usable inside Solana’s defi ecosystem.

Jito has launched its Block Assembly Marketplace (BAM) on the Solana mainnet, marking a major transition from its proprietary block engine to an open-source framework.

Whether CZ is “officially” back at Binance is besides the point. Tokens in his orbit have rallied hard — and the common denominator is CZ’s $10-billion family office, YZi Labs, formerly Binance Labs.

The crypto market is nursing a nasty hangover after a major panic episode earlier this week, with the total market cap of crypto sliding 1.8% to $3.75 trillion as the infamous Red September curse threatens to claim another victim.

SoftBank and Ark Invest have entered early discussions to participate in Tether’s largest external capital raise, according to a Sept. 26 Bloomberg News report.