The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.
Xyper’s New Rewards Model Extends Earnings Beyond Content Creation
Xyper is expanding its creator-marketing marketplace with a points system that rewards not only content creation but also referrals, community activity and advertiser acquisition.
The on-chain platform said Xyper Points will combine eligible campaign activity, original content, verified quests and referrals into a single rewards balance. Existing Protocol XP will also be incorporated, while Points are planned to become redeemable for XYPER tokens in the future.
Xyper has not yet disclosed the token conversion rate, redemption schedule or other economic terms.
The program arrives as spending and monetization around online creators continue to grow. Grand View Research valued the global creator economy at $252.3 billion in 2025 and projects it will reach $1.35 trillion by 2033, representing a CAGR of 23.3% from 2026.
Xyper operates a marketplace where advertisers fund campaigns and human creators or autonomous AI agents complete eligible social-content tasks. Campaign requirements and rewards are defined in advance, with qualifying payments routed through an on-chain claim process.
“Creator marketing has traditionally focused on rewarding the person producing the content, but there are many more people contributing to whether a campaign or marketplace actually grows. Someone might introduce an advertiser, bring a new creator into the ecosystem, or help another participant get started. We wanted the reward structure to better reflect that. Xyper Points gives us one framework for recognizing those different contributions rather than treating them as separate activities,” CEO Philipp Eryushev said.
Xyper Adds Advertiser Acquisition to the Reward Model
The program also extends incentives to participants who bring advertisers onto Xyper.
Under the structure described in the announcement, a business-development partner can receive up to 5% of gross campaign funding. A $20,000 campaign could therefore generate a maximum $1,000 partner reward when none of the available pool is used for an advertiser discount.
Xyper’s affiliate page similarly describes a 5% pool that partners can divide between their commission and a discount offered to the advertiser. Rewards are generated only after the referred advertiser funds a campaign, rather than when a lead or registration is created.
There is one difference between the announcement and Xyper’s published terms. The announcement describes a 10% protocol fee, while the current affiliate page lists a 7% total fee, including the 5% partner-and-discount pool. Xyper’s public page does not explain whether the 10% figure represents a new fee structure.
Xyper is entering a market where Web3 platforms have already experimented with rewarding users for social activity.
Kaito built one of the most visible examples with Yaps, which rewarded users for generating and amplifying crypto-related content. But in January, X changed its API policies to restrict applications that pay users for posting, citing spam and low-quality AI-generated engagement. Kaito subsequently said it would retire Yaps and move toward Kaito Studio, a more conventional creator-marketing model.
Cookie DAO also moved away from its incentivized social-posting product following the policy shift, illustrating the dependence these models can have on the rules of the social networks where campaigns run.
Xyper attempts to differentiate its model by tying rewards to predefined campaign requirements and verification rather than simply paying for posting volume. Eligibility and payouts depend on individual campaign rules, scoring and verification.
Why It Matters
Xyper Points turns more of the creator-marketing supply chain into an incentive system.
Instead of rewarding only the creator who publishes the content, Xyper is assigning potential economic value to people who recruit creators, contribute to the community or bring paying advertisers onto the marketplace.
That could help marketplaces solve one of their central growth problems: attracting both campaign demand and creator supply at the same time.
But the longer-term value of Xyper Points will depend on advertiser demand, the eventual economics of the XYPER token and whether the model can reward useful participation without encouraging the low-quality engagement that undermined earlier post-to-earn systems.
Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing
Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.
Stand With Crypto Endorses US Congress Candidates After Failed CLARITY Vote
Stand With Crypto, the industry-aligned organization Coinbase launched in 2023 to promote what it called “clear, common-sense regulations for the crypto industry,” has announced several picks for the next session of the US Congress.
On Wednesday, Bloomberg first reported that Stand With Crypto said it would be supporting candidates running for Senate seats in 2026, including Republican Jon Husted in Ohio, Republican Ashley Hinson in Iowa and Democrat Chris Pappas in New Hampshire. Husted is defending his Senate seat against Democrat Sherrod Brown, who lost to Republican Bernie Moreno in 2024 after outside groups spent more than $300 million in Ohio.
In addition to the Senate seats, the advocacy organization said it had endorsed several House of Representatives candidates, including Republican Mariannette Miller-Meeks in Iowa and Democrat Shomari Figures in Alabama. The group’s picks come as many polls show Democrats favored to regain control of the House and Senate in 2027.
A shakeup in majority control of either chamber of Congress could change how lawmakers address bills like the Digital Asset Market Clarity (CLARITY) Act. The crypto market structure bill failed to get enough votes in the Republican-controlled Senate earlier this month for a crucial cloture motion after passing the House with bipartisan support in 2025.
Related: Illinois draft crypto tax rules detail DeFi, stablecoin treatment
Stand With Crypto endorsed 32 House candidates in August whom it called “proven digital asset policy champions,” citing the potential to sway voters in key races.
How the vote on a crypto bill could impact US elections
After the failed CLARITY vote on Sept. 15, Stand With Crypto warned of “consequences” for lawmakers who did not support the bill. Cointelegraphed reached out to Stand With Crypto for clarification on its Husted endorsement but did not receive an immediate response.
With just 34 days until the midterm elections, some candidates have already been flooded with money from the crypto industry filtered through political action committees (PACs) and direct donations to campaigns. The Fairshake PAC, a group largely backed by contributions from Coinbase, Ripple Labs and Andreessen Horowitz, pledged to initially spend $30 million supporting Husted over Brown in Ohio and spent $82 million on candidates across the country as of June.
Magazine: Who needs CLARITY anyway? ARB could see 70X increase: Hodler’s Digest
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Protecting Europe’s Single Crypto Market
When the Markets in Crypto Assets Regulation (MiCA) came into force, it did something that had eluded the digital asset sector in Europe for years: it created a single, coherent rulebook.
For the first time, a crypto asset service provider (CASP) authorized in one Member State can passport its services across the European Union and European Economic Area, and clients across the bloc can choose among a growing field of licensed, supervised providers. That is a genuine achievement, and one the industry should not take for granted.
As the consultation on MiCA’s review closes, the focus should now be on calibration: keeping what works, and being honest about where the compliance burden has grown faster than the risks it is meant to address.
The value of a unified market
Start with what MiCA got right. Before it, a firm wanting to operate across Europe faced a patchwork of national regimes, divergent registration requirements, and, in some markets, no bespoke regime at all.
A unified market changes the economics of building a serious business. It lets providers invest in one authorization and one compliance architecture rather than 30, and it gives customers something they genuinely benefit from: choice among multiple providers competing on quality, price, service and security, all held to a common standard.
Related: MiCA is coming for DeFi vaults, but regulation will be difficult
Passporting is the mechanism that turns 30 fragmented markets into one addressable market of roughly 450 million people, and it is the single strongest reason for a globally mobile industry to build in Europe rather than elsewhere.
Consultation on MiCA’s review closes Sept. 30. Source: European Commission
MiCA has raised the barrier to entry by imposing a more demanding authorization and compliance framework. In return, however, an authorized CASP gains access not merely to a single Member State, but to the entire EU single market.
The relevant question for the review is therefore whether the obligations for market access remain proportionate to the scale of the market they unlock.
Regulate the risk, not the activity
The principle that should guide the review is straightforward: regulation should apply where there are real risks to market participants or to market stability, and it should be proportionate to those risks.
Where a service touches client money, custody of assets, market integrity, or financial stability, robust rules are not just acceptable but necessary. That is where supervisory attention belongs, and that is where the industry has the least to complain about.
Compliance frameworks should ultimately be judged by one standard: do they meaningfully reduce risk?
Over time, frameworks tend to accumulate rules, reporting requirements and documentation obligations, often adding complexity and cost without a corresponding risk-reduction benefit.
Related: MiCA focus shifts from rulemaking to supervision, ESMA chair says
A review should therefore challenge every requirement and retain only those that address a clear and material risk. Rules that pass that test should stay. Rules that do not should be simplified, streamlined, or removed. Proportionality is not a loophole; it is the discipline that keeps a rulebook credible.
Be honest about the cost curve
It should be said openly that compliance costs for CASPs have risen significantly under MiCA. That is not, by itself, a criticism. Some of that cost is the price of admission to a large and valuable market, and a well-run firm should be prepared to pay it. But cost is not a neutral fact for the market as a whole.
Compliance overhead falls hardest on smaller firms and newer entrants, the very participants who drive competition and innovation. When the fixed cost of being authorized climbs high enough, it stops being a safeguard and starts being a barrier to entry, entrenching incumbents and thinning out the choice that the single market was supposed to expand.
The risk to watch, therefore, is not any single rule but the cumulative direction of travel. If the review adds materially to the regulatory burden without a clear risk-based justification, the likely result is not a safer market but a smaller one: less innovation and fewer firms willing to build in Europe.
Related: Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
Digital asset businesses are unusually mobile, and some may gradually direct new investment toward jurisdictions that offer comparable market access at lower friction. If that happens, European consumers end up with less choice, and European supervisors oversee a smaller share of a global activity that continues regardless.
What a good review looks like
None of this argues for deregulation. It argues for a review built around proportionality: use this opportunity to look hard at the requirements that generate cost without a matching benefit, to give firms room to innovate and build, and to ask, at every turn, whether a given obligation is protecting the market or merely taxing it. A few examples illustrate the point:
- Tiered regulation by size and risk: A small startup with a handful of clients should not face the same compliance burden and prudential requirements as a multinational corporation managing billions in assets. Introducing proportionate tiers based on asset volume, client base or systemic relevance would lower barriers to entry for emerging players while maintaining robust oversight where it matters most.
- Dual licensing for e-money tokens: Custody and transfer of EMTs can trigger additional regulation, such as Payment Service Directive (PSD2), on top of MiCA licensing. This overlap creates duplicative compliance costs and legal uncertainty without a clear consumer protection benefit. A clearer delineation — or a single-license pathway — would reduce friction while preserving supervisory coverage.
Payment Services Directive. Source: ECB
- Rigid reserve requirements for stablecoins: Issuers must hold at least 30% of reserves as bank deposits. In a rising-rate environment, this limits yield opportunities; in a banking crisis, it concentrates counterparty risk. A more flexible allocation framework — one that permits high-quality liquid assets beyond bank deposits — could strengthen resilience without compromising redemption capacity.
Europe has built something rare: a large, unified, credibly regulated market for crypto assets. The prize now is to keep it attractive to the firms that make it work.
Getting the balance right is in everyone’s interest, regulators and industry alike, and the coming months are the time to get it right.
Related: Is there any chance left to save the CLARITY Act?
The views, thoughts and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
FCA Opens UK Crypto Authorization Window for 2027 Regime
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.
All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.
21shares Announces Distributions on TETH, TSOL, THYP, TSUI and TDOT
NEW YORK, September 28, 2026 — 21shares, one of the world’s largest issuers of cryptocurrency exchange traded funds (ETFs), today announced the following shareholder distributions for the 21shares Ethereum Staking ETF (TETH), 21shares Solana Staking ETF (TSOL), 21shares Hyperliquid Staking ETF (THYP), 21shares Sui Staking ETF (TSUI), and 21shares Polkadot Staking ETF (TDOT). Distributions consist of staking rewards earned from staked ETH, SOL, HYPE, SUI, and DOT tokens by each fund, respectively.
| Ticker | Name | Distribution | Ex/Record date | Payable date |
| TETH | 21shares Ethereum Staking ETF | $0.031602 | 9/29/2026 | 9/30/2026 |
| TSOL | 21shares Solana Staking ETF | $0.076590 | 9/29/2026 | 9/30/2026 |
| THYP | 21shares Hyperliquid Staking ETF | $0.191360 | 9/29/2026 | 9/30/2026 |
| TSUI | 21shares Sui Staking ETF | $0.052939 | 9/29/2026 | 9/30/2026 |
| TDOT | 21shares Polkadot Staking ETF | $0.045029 | 9/29/2026 | 9/30/2026 |
About 21shares
21shares is one of the world’s leading cryptocurrency exchange traded product (ETP) providers and offers one of the largest suites of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto ETPs that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21shares delivers innovative, simple and cost-efficient investment solutions.
21shares is a subsidiary of FalconX, one of the world’s largest digital asset prime brokers. 21shares maintains independent operations from FalconX while strategically leveraging the resources and reach of FalconX to accelerate its mission and unlock new growth. For more information, please visit www.21shares.com.
Media Contact
Audrey Belloff: audrey.belloff@21Shares.com
Alethea Jadick: ajadick@sloanepr.com
Important Information
The 21shares Ethereum Staking ETF (TETH), 21shares Solana Staking ETF (TSOL), 21shares Sui Staking ETF (TSUI), 21shares Polkadot Staking ETF (TDOT), and 21shares Hyperliquid Staking ETF (THYP) (referred to collectively as the “Trusts”), are not registered under the Investment Company Act of 1940 (the “40 Act”) and therefore are not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. Investing involves significant risk, including possible loss of principal. An investment in the Trusts is subject to a high degree of risk and heightened volatility and not suitable for all investors. The Trusts are not suitable for an investor who cannot afford the loss of the entire investment. An investment in the Trusts is not a direct investment in ETH, SOL, SUI, DOT, or HYPE.
Investing involves significant risk, including the possible loss of principal. There is no assurance that the Trusts will generate a profit for investors.
Ethereum, Solana, Sui, Polkadot, and Hyperliquid are relatively new asset classes, and the market for these assets is subject to rapid changes and uncertainty. Ethereum, Solana, Sui, Polkadot, and Hyperliquid are largely unregulated and these investments may be more susceptible to fraud and manipulation than more regulated investments.
Must be preceded or accompanied by the prospectuses for TETH (here), TSOL (here), TSUI (here), TDOT (here), and THYP (here).
The Trusts participate in staking a portion of their holdings in order to generate additional rewards. Staking involves committing assets to support the operations of a blockchain and, in return, may provide rewards to the relevant Trusts. While staking can potentially enhance returns, it also introduces additional risks, including operational, technological, regulatory, and counterparty risks. Staking Ethereum, Solana, Polkadot, Sui, or Hyperliquid introduces several risks, including the possibility of losing staked Ethereum, Solana, Polkadot, Sui, or Hyperliquid through penalties, slashing, or inactivity leaks if validators behave poorly, go offline, or violate protocol rules. Staked Ethereum, Solana, Polkadot, Sui, and Hyperliquid can also be locked for long and unpredictable periods due to activation and exit queues, creating liquidity constraints and making it harder to meet redemptions. Because staking depends heavily on third-party providers, operational failures, outages, cybersecurity breaches, or mismanagement by these providers could lead to lost assets or reduced rewards. Rewards themselves are uncertain and can fluctuate based on network conditions, validator performance, governance changes, commission rates, and downtime. Additionally, staking may create conflicts of interest if operators are incentivized to stake more Ethereum, Solana, Polkadot, Sui, or Hyperliquid than is prudent, increasing liquidity risk.
Ethereum, Solana, Sui, Polkadot, and Hyperliquid are subject to unique and substantial risks, including significant price volatility, lack of liquidity, and theft. The value of an investment in any of the Trusts could decline significantly and without warning, including to zero. Ethereum, Solana, Sui, Polkadot, and Hyperliquid are subject to rapid price swings, including as a result of actions and statements by influencers and the media, changes in supply and demand, and other factors. There is no assurance that Ethereum, Solana, Sui, Polkadot, or Hyperliquid will maintain their value over the long-term.
Failure by a Trust’s Custodian to exercise due care in the safekeeping of the Trust’s underlying digital assets, as applicable, could result in a loss to the Trust. Shareholders cannot be assured that a Custodian will maintain adequate insurance with respect to the digital assets held by the custodian on behalf of the Trust.
The Trusts are not actively managed and will not take any actions to take advantage, or mitigate the impacts, of volatility in the price of their underlying digital assets, as applicable. An investment in a Trust is not a direct investment in Ethereum, Solana, Sui, Polkadot, or Hyperliquid. Investors will also forgo certain rights conferred by owning these digital assets directly. Shares of a Trust are generally bought and sold at market price (not NAV) and are not individually redeemed from the Trust. Only Authorized Participants may trade directly with a Trust and only in large blocks of Shares called “creation units.” Your brokerage commissions will reduce returns.
Shares in the Trusts are not FDIC insured, may lose value, and have no bank guarantee.
The Marketing Agent for each Trust is Foreside Global Services, LLC. 21shares US LLC is the Sponsor to each Trust. 21shares is not affiliated with Foreside Global Services, LLC. FalconX is not affiliated with Foreside Global Services, LLC.
© 2026 21shares US LLC. No part of this material may be reproduced in any form, or referred to in any other publication, without written permission.
Source: 21Shares
Illinois Details DeFi, Stablecoin Rules for 0.2% Crypto Tax
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.
All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.
Veda Launches Console to Manage Risk Across Onchain Earn Vaults
Veda is expanding beyond the infrastructure used to launch onchain yield vaults with a new platform designed to help fintechs operate them as the products grow larger and more complex.
The company launched Veda Console, a unified interface for managing vaults, analyzing performance, monitoring risk and controlling operations across different assets, protocols and blockchains.
The platform is available to existing Veda partners and curators and will be included with new Veda-powered Earn programs, according to an announcement shared with AlexaBlockchain.
The move addresses an emerging problem in embedded finance: launching an onchain Earn product is becoming easier, but managing one across multiple strategies, assets and networks is becoming harder. Veda itself recently mentioned enterprise Earn products as requiring a stack of yield sources, integrations, blockchains, risk controls and transaction infrastructure behind the consumer interface.
Kraken Shows How Quickly Earn Infrastructure Can Scale
Kraken provides Veda’s clearest example of that transition.
The exchange launched DeFi Earn in January using Veda vaults that route customer funds into onchain lending markets. The initial product centered on USDC and offered three vaults with different risk profiles across Ethereum and Kraken’s Ink network.
By June, Kraken’s Veda-powered vaults had surpassed $400 million in deposits from more than 65,000 users, after crossing $100 million in March. Veda’s current Kraken case study puts deposits above $800 million and lifetime vault users above 120,000.
The product has also moved beyond stablecoins. Kraken added Bitcoin Earn in May and in September introduced Veda-powered vaults for tokenized SPY, QQQ and Nvidia shares on Solana, using Kamino as a liquidity source and Sentora to curate strategies.
That progression — from one asset class to stablecoins, Bitcoin and tokenized equities across several networks — helps explain why operational software is becoming a separate infrastructure category.
Console Adds an Operating Layer Above the Vault
Console gives operators a consolidated view of vault performance, allocations and depositor behavior. Strategists can also simulate allocation changes before signing them, allowing teams to inspect the expected result and transaction trace before capital is moved.
The platform does not independently custody or move customer assets, according to Veda. Operations remain constrained by permissions encoded in its vault contracts. Its underlying infrastructure uses onchain permissions to restrict strategy actions to approved contracts, functions and parameters.
“As embedded Earn gains more traction through Fintechs, neobanks and traditional finance companies, the infrastructure to launch a vault is only one part of what teams need,” CEO and co-founder Sun Raghupathi said. “They also need the tools to understand performance, manage risk, and make informed decisions as their products scale.”
Kraken is already using Console internally.
“The Veda Console has become the daily workspace to be able to understand how Kraken Earn is performing,” Kraken product executive Marcel Ongemach said, adding that the software has helped the exchange track performance and user behavior as the product expanded to three asset types and approached $1 billion in deposits.
Competition Is Moving Beyond Vault Deployment
Veda is not alone in trying to turn DeFi infrastructure into something fintechs can embed behind familiar interfaces.
Morpho has become one of the strongest examples. Coinbase routes customers into Morpho lending vaults curated by Steakhouse Financial. Coinbase said this month that its USDC Earn product had reached nearly $500 million in supply, while Morpho says Coinbase’s two lending vaults now hold more than $500 million.
Morpho’s broader network has also moved deeper into embedded financial infrastructure. It recently launched an Earn Kit for fintechs on Circle’s Arc network, while the protocol reported $13 billion in peak deposits during 2025 and integrations with Coinbase, Crypto.com, Gemini, Bitget and other platforms.
Euler is pursuing a similar model through EulerEarn. Its vault framework lets curators define approved strategies, allocation caps and withdrawal queues, while operators can simulate reallocations before submitting transactions — functions that overlap with part of the operational problem Console is targeting.
Veda’s differentiation is therefore shifting from simply providing vault contracts to providing the control layer around them.
As exchanges, wallets and fintechs increasingly hide DeFi complexity behind conventional Earn products, the competitive battleground is moving toward risk monitoring, analytics, permissions and portfolio operations. Console is Veda’s attempt to make that layer part of the same infrastructure stack that launches the vault in the first place.
Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing
Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.
US SEC, CFTC to Oversee Crypto Market With Reduced Leadership
Two of the United States’ financial agencies tasked with overseeing and enforcing digital asset regulation will be down to just three commissioners after Friday, following the departure of a Republican member.
On Friday, Hester Peirce, who served as a commissioner with the US Securities and Exchange Commission (SEC) for eight years, will leave the agency about two months before the end of the 18-month extension for her second term. The departure of Peirce, whom many in the industry knew as “Crypto Mom” for her views on digital assets, will mark only the second time in US history the agency has operated with two commissioners.
At the SEC, Chair Paul Atkins and Mark Uyeda, both Republicans, will remain as the two final commissioners in a bipartisan panel expected to consist of five people. The Commodity Futures Trading Commission (CFTC), another federal regulator behind many aspects of crypto oversight and enforcement, has been led by Chair Michael Selig as the sole commissioner since December 2025, when acting chair Caroline Pham departed.
As US President, Donald Trump is the only person under federal law who can nominate replacements to fill the empty SEC and CFTC leadership seats. However, the White House has not announced any nominations or intention to nominate additional members to the financial agencies, all of whom were chosen by Trump with the exception of Uyeda, a Biden pick from 2022.
Related: Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility
Cointelegraph reached out to the SEC and CFTC for comment on any potential nominations but did not receive an immediate response. A White House official said that Trump intended to nominate members to both agencies “in the near future.“ A CNBC report from Sept. 4 said that White House officials had been vetting four candidates to fill the empty commissioner seats at the CFTC, but did not mention any names.
“Congress designed these boards and commissions to be bipartisan and gave them the authority to regulate some of the most vital and significant parts of American life,“ said Senate Democrats in a June letter to Trump and Senate Majority Leader John Thune, referring to the SEC, CFTC and other departments. “But the Trump Administration appears intent on ensuring that it retains complete control over these agencies, with little interest in working in good faith with Congress.“
Three commissioners regulating crypto without CLARITY
Without full leadership, both financial agencies continue to advance crypto regulation through rulemaking rather than laws passed by Congress. Many in the industry had been pushing US lawmakers to pass the Digital Asset Clarity (CLARITY) Act earlier this month, but the bill failed in the Republican-controlled Senate.
The CLARITY Act was expected to give the CFTC more authority over digital asset regulation in roles now held by the SEC. Without the bill’s passage from Congress, both agencies have announced different ways of interpreting federal laws as applied to token issuers, from the SEC issuing staff guidance on investment contracts to the CFTC specifying how companies could use blockchain recordkeeping.
Magazine: Winners and losers of the SEC’s new tokenized stocks rules
WEMADE launches Hellsquad Rrrush!: Stone Rush
SEOUL, South Korea, Sept. 29, 2026 (GLOBE NEWSWIRE) — WEMADE and its flagship blockchain gaming platform, WEMIX PLAY, today officially launched Hellsquad Rrrush!: Stone Rush globally on Android. Developed by LightCON CO., LTD., the Web3 version of the hit casual roguelike tower defense game Hellsquad Rrrush! now features a player-driven token economy. The launch simultaneously opens three exclusive Stone Rush webshops on WEMIX PLAY.
The original Web2 title gained immediate acclaim by reaching No. 1 on Google Play’s Top Games chart within three days of release and accumulating over 1 million downloads. Set in a world where Hell is under human invasion, players step into the role of Commander to assemble squads of cute yet lethal demons, build various squad combinations around the right Specializations and Treasures, and defend the gates against relentless waves of enemies.
In Stone Rush, Hexstone Mine Wars, the game’s territory-control mode, powers a two-tier currency loop* designed to bridge active gameplay with real-world token utility:
- HELLSHARD: The in-game bridge currency mined directly from captured Hexstone shafts. Players can spend HELLSHARD on essential progression items or convert it into HELLSTONE.
- HELLSTONE: The gateway to the wider WEMIX ecosystem. Commanders can exchange HELLSTONE for WEMIX coins, trade it, or convert it back into HELLSHARD to reinvest directly in squad growth and high-tier equipment.
Alongside the global launch, WEMADE has opened three dedicated webshops on WEMIX PLAY, offering exclusive content denominated in different tokens:
- PLAY Shop: Players can purchase exclusive character skins with PLAY tokens, the platform’s primary utility token, which can also be used in PLAY webshops across multiple titles on WEMIX PLAY. Each skin provides a passive bonus stat boost to the Commander’s demon squad.
- AMBER Shop: AMBER, the pre-registration reward token, can be used in this webshop to acquire specialized in-game item packages.
- WEMIX Shop: The same selection of in-game item packages available in the AMBER webshop can be purchased with WEMIX coins in this webshop.
Available in one-time, daily, weekly, and monthly options (limited to one purchase per cycle), package inventories are identical across the AMBER and WEMIX shops. This allows players to seamlessly pay with either pre-registration AMBER rewards or WEMIX earned by converting in-game HELLSTONE.
Global pre-registration for Stone Rush, which opened on August 27, closes with today’s launch. AMBER tokens, PLAY tokens and exclusive character skins earned through the pre-registration, Community Milestone and Referral programs will be distributed within the next two weeks (subject to change). Tokens will be airdropped to each player’s active WEMIX PLAY wallet, and skins will be issued as coupon codes to the WEMIX PLAY inbox.
Hellsquad Rrrush!: Stone Rush is available now on Android. Download it via the Google Play Store or WEMIX PLAY.
*Note: To support long-term economic stability, currency conversions are subject to daily individual and server-wide limits.
About Hellsquad Rrrush!
Hellsquad Rrrush! is a fast-paced casual roguelike tower defense game developed by LightCON CO., LTD. Combining strategic unit positioning, roguelike upgrades, and wave-defense gameplay, the game puts players in command of cutesy yet deadly demon squads defending the gates of Hell against invading forces. After gaining immediate acclaim by claiming the No. 1 spot on Google Play’s Top Games chart within days of its launch, the title expands into Web3 with Hellsquad Rrrush!: Stone Rush, introducing Hexstone Mine Wars, blockchain tokenomics, and asset ownership powered by WEMIX PLAY.
About WEMADE
WEMADE is the only company combining over two decades of AAA game development success with a fully operational, game-proven blockchain ecosystem-built entirely on its proprietary Layer-1 mainnet, WEMIX3.0. Known for global hits such as The Legend of Mir, MIR4, NIGHT CROWS and Legend of YMIR, WEMADE is leading the industry in seamlessly integrating gameplay, tokenomics, NFTs, stablecoin payments, and blockchain infrastructure. Through WEMIX PLAY, WEMADE delivers a unified digital economy where players, creators, and investors can own, trade, and benefit from digital assets-powering the next generation of interactive entertainment and driving the evolution of Web3 gaming. For more information, please visit https://wemade.com.
About WEMIX PLAY
WEMIX PLAY is the world’s leading blockchain gaming platform, offering one of the most diverse portfolios of blockchain-powered games globally. The platform integrates NFTs, tokenomics, payment systems, webshops, an NFT marketplace, and community features-creating a unified ecosystem where players can truly own, trade, and benefit from digital assets. As the flagship of the WEMIX ecosystem, WEMIX PLAY delivers a seamless, immersive gaming experience-empowering players, creators, and investors to participate in decentralized digital economies and shaping the future of interactive entertainment. For more information, please visit https://wemixplay.com/.
Source: WEMADE