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Daily Crypto News
Samani: To Be or Not To Be Solana’s $1.65B Savior?
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Samani: To Be or Not To Be Solana’s $1.65B Savior?

Plus major Ledger scare shakes wallets and chains, Nasdaq eyes tokenized stocks, and the All-In Summit brings heavy hitters.

Whaddup, what it dookie out there in the Ether. Hello and happy Tuesday—welcome back to Daily Crypto News. I’m your guest host, Kyle, and today we’re unpacking some of the wildest moves shaking the crypto and digital asset space over the last 24 hours.

From a major JavaScript and Ledger supply-chain scare rippling across wallets and Solana infra… to Jump, Multicoin, and Galaxy dropping $1.65 billion in fresh cash to form a Solana treasury firm… to Nasdaq’s filing to trade tokenized securities—Wall Street officially sniffing around blockchain rails.

And who in the world is Kyle Samani? And why will he save Solana. 

TODAY’s HEADLINES:

  • Major Ledger + JavaScript Supply-Chain Scare – Malicious code with billions of downloads sparks urgent audits across wallets and infra providers.

  • Jump, Multicoin & Galaxy Launch $1.65B Solana Treasury Firm – Institutional backing positions Solana as a long-term treasury asset.

  • Nasdaq Files SEC Proposal to Trade Tokenized Securities – Seeks approval to allow securities listed on Nasdaq to trade in tokenized form.

  • HashKey Launches $500M Digital Treasury Fund in Hong Kong – Strengthens city’s push as Asia’s digital asset hub.

  • Worldcoin Surges 50% on $270M Investment from Eightco – AI-linked token rides funding wave despite regulatory controversies.

Let’s get to a few listener questions and comments. Funny comment from Leocox on Spotify: “Grok ai likes to give me btc when doing conversions. I asked a question about merge mining and the exuberance of Ai response had me happy. But grok messed up the decimal point in a conversion exercise where I was asking about my zbd sat rewards and in the conversion grok gave me two decimal points and voila...for that second grok actually convinced me that I was hodling 1 btc. When I explained the bad math the ai applogized.”

A friend of mine posted a thread on X recently as well. He posted about trying to find a better stablecoin play or a High Yield Savings account. Apparently, Claude wants him to go with the High Yield Account. Pity for Claude the centralized goon who couldn't do math. 

Aside from the jobs report and soybean farmers having no one to sell to, Are you still bearish anon?

  • NASDAQ saying they will put stocks onchain

  • SEC saying they will put all finance onchain

  • The sitting US president saying he will accelerate crypto

  • Congress passing stablecoin ruling

  • Giants like Blackrock and Stripe coming onchain

This is Chainlink CEO Sergey Nazarov on CNBC from September 5.

BEYOND THE HEADLINES

1. Major Ledger + JavaScript Supply-Chain Scare

  • A malicious code injection into a widely used JavaScript library triggered panic across the ecosystem, with billions of downloads reported.

  • While Ledger devices were implicated in some early reports, investigations suggest Solana infra and wallets may also have been impacted on separate systems.

  • Full scope of affected projects remains unclear, sparking calls for urgent audits across DeFi and wallet providers.


2. Jump, Multicoin & Galaxy Launch $1.65B Solana Treasury Firm

  • Three of crypto’s biggest trading and investment firms announced a joint corporate treasury venture with $1.65 billion in cash reserves for Solana.

  • The initiative strengthens Solana’s institutional narrative, positioning the network as a long-term asset base.

  • Press release highlights cross-firm backing as a major milestone for ecosystem credibility.

Kyle Samani’s Recent Impact on Solana

  • Chairing $1.65 B Solana Treasury Vehicle—Kyle Samani, co-founder and managing partner at Multicoin Capital, will become Chairman of Forward Industries' board—a publicly listed company that raised $1.65 billion via a PIPE to deploy as a Solana-focused digital asset treasury, backed by Galaxy Digital, Jump Crypto, and Multicoin itself.

  • Institutionalizing Solana with Scale and Strategy—The treasury is designed to be institutional-grade and active, aiming to generate differentiated on-chain returns rather than passively holding SOL. Samani emphasized that Solana remains “widely misunderstood and discounted,” and sees this treasury as a “tremendous opportunity” to unlock value.

  • Deep, Long-Term Belief in Solana — Multicoin Capital, under Samani’s leadership, has been one of Solana’s earliest and most persistent backers—leading seed funding before mainnet launch in 2018, and now steering a public-treasury strategy at scale.

    Samani taking out the punches for Tom Lee of BitMine/Fundstrat.

3. Nasdaq Files to Trade Tokenized Securities

  • Nasdaq submitted an SEC filing seeking approval to amend rules and allow securities listed on its exchange to trade in digital/tokenized form.

  • If approved, it would mark the first integration of blockchain-based securities trading on a major U.S. stock exchange.

  • Launch could come as early as Q3 2026, signaling Wall Street’s pivot toward tokenized markets.


4. HashKey Launches $500M Digital Treasury Fund (Hong Kong)

  • HashKey, the city’s largest licensed crypto exchange, unveiled a $500 million Digital Asset Treasury Fund, investing across BTC, ETH, and more.

  • Mirrors growing global trend of institutional crypto treasuries.

  • Strengthens Hong Kong’s position as Asia’s crypto finance hub.

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5. Worldcoin Skyrockets on $270M Investment

  • Sam Altman’s Worldcoin token (WLD) jumped close to 80% following a $270M injection from Eightco (soon rebranded “Orbs”).

  • Pushes Worldcoin deeper into the crypto–AI infrastructure narrative, despite ongoing privacy and regulatory controversies around biometric iris scans.

  • Positions Worldcoin as one of the top-performing tokens during a choppy market.

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LITTLE BITZ

  • Standard Chartered now expects the Fed to cut rates by 50 bps next week after weak U.S. jobs data.

  • Nasdaq to invest $50 million in Winklevoss-founded crypto exchange Gemini

The All In Summit

What’s Happening?

  • The All-In Summit gathers top voices across tech, finance, politics, and media for multi-day discussions on innovation, markets, AI, crypto, and global policy.

  • It has become one of the most high-profile crossover events where Silicon Valley, Wall Street, and Washington meet to debate the future of business and technology.

  • Expect sessions spanning AI breakthroughs, crypto adoption, digital assets in capital markets, geopolitics, and regulation, alongside fireside chats with industry moguls.

Samani speaking Tuesday at 1:30pm Pacific (Local time)

High-Level Speakers

  • Tech & Investing Heavyweights: Cathie Wood (ARK Invest), Roelof Botha (Sequoia), Alex Karp (Palantir), Anatoly Yakovenko (Solana Labs), Mark Cuban, Orlando Bravo (Thoma Bravo).

  • Finance & Markets: Adena Friedman (Nasdaq), Joe Tsai (Alibaba/Brooklyn Nets), Rene Haas (Arm), Dave Ricks (Eli Lilly).

  • AI & Science: Demis Hassabis (Google DeepMind), Tareq Amin (Humain).

  • Politics & Media: Tucker Carlson, Chris Wright (US Secretary of Energy), Ari Emanuel (Endeavor), Jan Sramek (California Forever).

  • Other Big Names: Vlad Tenev (Robinhood), Paul Levesque (WWE), Eric Schmidt (ex-Google).


WHERE TO FIND DCN

EMAIL or FOLLOW the Host

Email: kyle@dailycryptonews.net

*****

Magic Newton Wallet

https://magic.link

Trader Cobb X: @TraderCobb

https://www.thegrowmeco.com/

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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