Weekly: The US is embracing crypto, Monero is under attack, and Solana is becoming a favorite among funds

Crypto ETFs

The U.S. Securities and Exchange Commission (SEC) has approved new rules that cut the review time for cryptocurrency ETF applications by threefold. This paves the way for funds based on Solana and XRP.
 Meanwhile, Poland made its own move: the Warsaw Stock Exchange launched trading of its first Bitcoin ETF.

Regulation

The U.S. is changing its tone. The new SEC chairman, Paul Atkins, promised a softer approach to the market: technical violations will not lead to harsh sanctions.
Monetary policy. On September 17, the Federal Reserve cut rates for the first time since December 2024, lowering them by 0.25% to 4–4.25%. This triggered moderate Bitcoin growth and strengthened investor expectations for further easing.

Crimes

• Monero attack. The network suffered an 18-block reorganization, raising double-spending risks and forcing users to exercise caution.
• Coinbase data leak. Information on 69,000 clients was stolen due to an employee of an Indian outsourcing firm working with the exchange.

Security & AI

Buterin against AI governance. The Ethereum co-founder criticized the idea of handing control to artificial intelligence, pointing to vulnerabilities. EdisonWatch discovered a ChatGPT bug that allowed data theft via calendar.
 Coinbase adopts AI. The exchange introduced NodeSmith — a tool that reduced engineering costs for node updates by 30%.

Institutional boom around Solana

1. Helius creates a $500M reserve.
2. Forward Industries has already invested $1.58B and plans to raise another $4B through its ATM program.
3. Galaxy Digital acquired 1.24M SOL worth $300M.
4. Pantera Capital confirmed a $1.1B position.
5. Solmate (rebranded from Brera Holdings) with $300M funding is deploying Solana infrastructure in Abu Dhabi.

Read more here. 

Kursoff’s Opinion

This week highlighted several trends: the U.S. and Europe are lifting barriers for ETFs, the Fed is signaling monetary easing, and Solana is becoming the main magnet for institutional capital.
 At the same time, the dark side is also growing — attacks, leaks, and vulnerabilities in AI. The key question remains: can the market maintain balance between rapid growth and security?