What is happening in the crypto market today, on Sept. 10? Explore the latest updates.
MYX Finance has denied allegations of fraud and manipulation tied to its recent token airdrop, after blockchain analytics firm Bubblemaps flagged nearly 100 wallets with identical funding patterns that secured 1% of the supply.
Despite Sybil concerns, the platform insists rewards were based on genuine trading and liquidity activity. Following a 1200% surge, MYX is now trading between $13 and $18 amid sharp volatility.
BREAKING: One entity claimed $170M from the $MYX airdrop
— Bubblemaps (@bubblemaps) September 9, 2025
We traced 100 freshly funded addresses with the exact same onchain activity
The biggest airdrop sybil of all time? 🧵 pic.twitter.com/Q8YhZUO7jt
Crypto IPOs are gaining momentum.
It has become known that Gemini lifted the anticipated price range for its upcoming IPO to the range between $24 and $26. It means that it is planning to raise nearly $433 million at a $3.1 billion target valuation.
Meanwhile, Figure has also raised its IPO price. Now, it is aiming to raise $693 million at a target valuation of $4.7 billion.
More details are available here.
World Liberty Financial (WLFI) token is one of the biggest losers on Sept. 10 again. The coin is down 5.88%, trading at $0.2056.
Predictions for the future price movements remain uncertain. Some analysts still remain optimistic and believe that WLFI can climb to the $0.30-$0.50 range.
Kraken has announced the expansion of its xStocks offering to the European Union. Now, investors in the European region have the possibility to trade tokenized US ETFs and stocks.
Ethereum (ETH) has been on a steady decline since Aug. 24, when it reached a new all-time high of $4,953.
Selling pressure has been intensified by outflows from US-based spot ETH exchange-traded funds. According to Farside Investors data, ETH ETFs experienced six straight days of withdrawals totaling $1.04 billion between Aug. 29 and Sept. 8.
ETH is now trading at nearly $4,320-$4,330, down roughly 13% from its peak.
