Today's Top Crypto Headlines:

Jupiter Launches JupUSD | BNB Chain Memecoin Boom | Discord Data Breach | Polymarket Founder Becomes Billionaire and more...

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King Fatrick Gil Añasco
October 10, 2025

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  1. Jupiter Launches JupUSD: Jupiter, Solana’s top DEX aggregator, is launching its stablecoin JupUSD in partnership with Ethena Labs. Fully backed by Ethena’s USDtb and later USDe, it will be used across Jupiter’s trading ecosystem.

  2. BNB Chain Memecoin Boom: A memecoin frenzy on BNB Chain has created overnight millionaires, with traders turning thousands into millions in days. Record activity and profits have defined what CZ calls “BNB meme szn.”

  3. Discord Data Breach: Hackers stole sensitive ID photos of 2.1 million Discord users after breaching its Zendesk support system. The leak includes passports and driver’s licenses used for age verification, sparking backlash over data security.

  4. 💡Feature of the Day - Polymarket Founder Becomes Billionaire: Polymarket founder Shayne Coplan has become a billionaire after ICE (parent of NYSE) invested $2B in the prediction platform. Coplan, now 26, is the youngest self-made billionaire on Bloomberg’s list.


    All this and more in today’s headlines!

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📰 News Highlights:

Jupiter Launches JupUSD [Source][Source][Source][Source]

Jupiter, Solana’s top DEX aggregator, is launching its native stablecoin JupUSD in mid-Q4 2025 in collaboration with Ethena Labs. The new token will be fully collateralized by Ethena’s USDtb, a dollar-backed asset secured by short-term U.S.

Treasuries, with plans to include USDe for yield optimization. JupUSD will serve as Jupiter’s core stable asset—used as collateral for perpetual futures, liquidity pools, and key trading pairs across its ecosystem.

This partnership leverages Ethena’s “white-label stablecoin-as-a-service,” enabling Jupiter to issue its own branded stablecoin without building infrastructure from scratch.

The initiative mirrors a growing trend as major platforms and institutions adopt customizable, asset-backed stablecoins. Similar efforts include Sui Group’s USDi and suiUSDe, and even North Dakota’s Roughrider Coin, reflecting the rapid institutionalization of digital dollar products.

BNB Chain Memecoin Boom [Source][Source][Source][Source]

BNB Chain has become the epicenter of a memecoin trading frenzy, minting new crypto millionaires seemingly overnight. One trader turned $3,500 into $7.9 million in three days, while another gained nearly $2 million within hours.

The surge, dubbed “BNB meme szn” by Binance co-founder CZ, reflects record highs in active addresses and decentralized trading volume across the chain.

Data from blockchain analytics shows “smart money” investors are heavily targeting BNB-native memecoins, with more than 40 wallets netting over $1 million each. Around 70% of onchain traders in this wave are currently profitable.

While the profits are astonishing, experts caution that memecoins remain highly speculative, driven almost entirely by hype and community sentiment rather than intrinsic value.

Discord Data Breach [Source][Source]

Hackers have reportedly stolen sensitive ID photos of 2.1 million Discord users after breaching its Zendesk support system, threatening to extort the platform.

The stolen files include passports and driver’s licenses used for age verification, data many users believed would be deleted after review. Discord confirmed the incident but initially downplayed its scope, sparking outrage over centralized data storage practices. Privacy advocates warn that storing such personal data in centralized systems creates “honeypots” for hackers.

Experts suggest adopting zero-knowledge proofs (ZK-proofs) for secure, privacy-preserving verification. These cryptographic methods prove age or identity without revealing personal details, a model already being implemented by Concordium and Google Wallet, signaling a growing shift toward decentralized data protection.

💡 Feature of the Day: 

Polymarket Founder Billionaire [Source][Source][Source][Source][Source]

Shayne Coplan, founder of prediction market Polymarket, has reportedly joined the billionaire ranks after Intercontinental Exchange (ICE), the parent of the NYSE, invested $2 billion in the platform.

Founder and CEO of Polymarket Shayne Coplan, left, and Chairman and CEO of Intercontinental Exchange Inc. Jeffrey Sprecher | Photographer: Kent Nishimura/Bloomberg

Launched in 2020 when Coplan was just 21, Polymarket was initially banned in the U.S. for regulatory violations but has since rebounded as prediction markets gain mainstream traction.

The platform’s valuation has soared to $9 billion, cementing Coplan as the youngest self-made billionaire on Bloomberg’s list.

Once fined and restricted by the CFTC, Polymarket is now authorized to serve U.S. users again.

Following its accurate 2024 election predictions, Coplan says the platform’s rise marks a shift toward transparency and legitimacy in decentralized forecasting markets.

😂 Crypto Meme of the Day: 

Meme of the day provided by @Alexnomads

And that’s it for this today.

See you all tomorrow’s edition!


Jonathan Gibson
UseTheBitcoin.com