Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
CME Bitcoin Futures Open Interest Reaches an All-time High
Reading Time: < 1 minuteSince Oct. 18, the Open Interest (OI) for Bitcoin futures on the Chicago Mercantile Exchange (CME) has reached a new record high of over $12.26 billion.
Pump.fun Announces Plans to Launch a Token
Reading Time: < 1 minuteThe team behind Pump.fun has revealed plans for a future token release and an upgraded trading terminal called “Pump Advance.”
SEC Approves NYSE and Cboe Spot Bitcoin ETFs Listing
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has approved NYSE American LLC and Cboe Exchange, Inc. to list and trade options on various Bitcoin exchange-traded funds.
Stripe Purchases Stablecoin Platform Bridge
Reading Time: < 1 minuteIn a new deal, Stripe has purchased stablecoin platform Bridge for $1.1 billion, making it their largest acquisition to date.
Worldcoin Rebrands to World
Reading Time: < 1 minuteWorldcoin is undergoing a rebranding process and will now be known as World Network, or simply World.
SEC to Appeal Previous Judgment in Ripple Lawsuit
Reading Time: < 1 minuteThe US Securities and Exchange Commission has taken the next steps in its ongoing legal battle with Ripple Labs, filing a “Civil Appeal Pre-Argument Statement” or Form C on Thursday.
Stripe Plans to Purchase Stablecoin Platform Bridge
Reading Time: < 1 minuteStripe, a prominent payment processor, is reportedly in advanced negotiations to acquire the stablecoin money transfer company Bridge, backed by Sequoia.
Italy Plans to Raise Capital Gain Tax on Bitcoin
Reading Time: < 1 minuteItaly is set to significantly increase the capital gains tax on Bitcoin, jumping from 26% to 42%.
DoJ: Bitfinex Hacker Should Spend Five Years in Prison
Reading Time: < 1 minuteIlya “Dutch” Lichtenstein, who admitted to his involvement in the 2016 Bitfinex hack, is facing a five-year prison sentence as recommended by prosecutors.
Thailand Bank Launches a Stablecoin Service for International Payments
Reading Time: < 1 minuteThe Siam Commercial Bank (SCB), a leading Thai financial institution, has introduced stablecoin-based cross-border payment services for its clients.
Hackers Steal $50M from Radiant Capital
Reading Time: < 1 minuteRadiant Capital, a platform enabling borrowing and lending of cryptocurrency across blockchains, suffered a major cyberattack on Wednesday, losing over $50 million.
Paxos Rolls Out a New Stablecoin Payment Platform
Reading Time: < 1 minutePaxos, the company behind the Pax Dollar stablecoin, is striving to advance the use of stablecoins in the payments industry by introducing a high-quality infrastructure.
Canary Capital Plans to Launch a Litecoin ETF
Reading Time: < 1 minuteCanary Capital has announced its intention to launch a product focused on Litecoin, just a week after filing for an ETF that would directly hold Ripple’s XRP token.
Grayscale Files Application to Convert its Crypto Fund into an ETF
Reading Time: < 1 minuteGrayscale has submitted a request to the SEC to transform its Digital Large Cap Fund into an ETF.
Spot Bitcoin ETFs See Net Inflows of $555.86M
Reading Time: < 1 minuteOn October 14, net inflows for 12 Bitcoin exchange-traded funds (ETFs) reached $555.86 million, which was more than double the $253.54 million recorded on the previous trading day.
DefiEdge Stops Retail Deposits
Reading Time: < 1 minuteDefiEdge, a liquidity management protocol, yesterday announced that it has temporarily blocked all deposits to its strategy contracts made through its user interface.
Tether May Lend to Commodities Trading Firms
Reading Time: < 1 minuteTether Holdings Ltd is planning to lend to commodities trading companies to utilize their billions of dollars in profits.
Deutsche Bank Will Offer Foreign Exchange Services to a Crypto Market Maker
Reading Time: < 1 minuteDeutsche Bank and Keyrock, a market maker specializing in cryptocurrencies, have joined forces to offer multi-currency accounts and foreign exchange services.
Ripple Co-founder Donates $1M to Kamala Harris’ Campaign
Reading Time: < 1 minuteRipple co-founder Chris Larsen has contributed $1 million in cryptocurrency to a political action committee that supports Vice President Kamala Harris.
Arkham Intelligence to Launch a Crypto Derivatives Exchange
Reading Time: < 1 minuteArkham Intelligence, the company responsible for the popular multi-blockchain exploration and parsing tool Arkham Intel, is planning to launch a crypto derivatives exchange in November.
Crypto Exchange Bitnomial Sues SEC
Reading Time: < 1 minuteBitnomial, a crypto exchange, has filed a lawsuit against the US Securities and Exchange Commission (SEC).
Ripple Files a Cross-Appeal in SEC Lawsuit
Reading Time: < 1 minuteRipple Labs has decided to appeal a recent ruling made by US District Judge Analisa Torres in their ongoing legal battle against the SEC.
OKX Obtains a Derivatives VASP License in UAE
Reading Time: < 1 minuteOKX has successfully obtained its full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).
SEC Files Lawsuit Against Cumberland DRW for Operating as Unregistered Crypto Dealer
Reading Time: < 1 minuteThe SEC filed a lawsuit against Cumberland DRW on October 10, citing the company for operating as an unregistered dealer.
VanEck Rolls Out New Fund to Invest in Crypto
Reading Time: < 1 minuteIssuer of spot Bitcoin exchange-traded funds (ETF) in the United States, VanEck, has introduced a new program aimed at supporting emerging cryptocurrency and artificial intelligence projects.
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