Coinbase has announced a strategic investment in CoinDCX as part of its plan to strengthen its footprint in India and the Middle East, two regions with more than 100 million crypto owners. The move highlights Coinbase’s growing interest in emerging crypto markets, aiming to support local innovation, expand access to digital assets, and enhance global …
OKX CEO Star revealed that the exchange has tightened anti–money laundering measures on all transactions connected to the Huione Group, citing its harmful influence on the crypto market. Every deposit and withdrawal involving Huione will undergo a detailed compliance review. Depending on the findings, OKX may freeze assets or close accounts to safeguard users and …
New York City Mayor Eric Adams has signed an executive order establishing the nation’s first city-level Office of Digital Assets and Blockchain. The new office, led by Moises Rendon, aims to drive crypto and blockchain development under a clear regulatory framework. It will strengthen collaboration between government and industry, attract skilled talent, enhance public services, …
BlackRock CEO Larry Fink, who oversees about $12 trillion, said more than $4.5 trillion is already invested in crypto and expects the market to expand quickly. He framed crypto as a growing alternative asset class, increasingly accepted by mainstream investors and institutions. Fink’s outlook suggests rising adoption, deeper liquidity, and broader product offerings as capital …
Tether CEO Paolo Ardoino said the company will release its fully open-source Wallet Development Kit (WDK) this week, with starter wallets for iOS and Android. The WDK demo showcases a template wallet featuring full non-custodial control, multiple mnemonic backup options, and a complete DeFi module covering USDT, USDT0, lending, swapping, and more. The goal is …
Elon Musk explained that Bitcoin’s value is tied to real energy use. Unlike fiat currencies, which governments can print without limit, energy is a finite resource that can’t be faked. This makes Bitcoin unique because mining requires actual energy consumption, grounding its value in something tangible. Musk’s point highlights why Bitcoin is considered more secure …
South Korea’s Financial Intelligence Unit (FIU) has restarted its review of Binance’s 67% stake acquisition in local exchange Gopax after a two-year pause due to regulatory concerns. The FIU is currently examining Gopax’s executive change filing favorably, with approval likely by the end of 2025. This move could pave the way for Binance’s return to …
On October 13, Ethereum spot ETFs saw $429 million in net outflows for the third straight day, while Bitcoin spot ETFs recorded $327 million in withdrawals. Amid the sell-off, BlackRock’s IBIT was the lone bright spot, posting a net inflow of about $60 million. The move highlights investor confidence in IBIT despite overall bearish ETF …
Michael Saylor’s “Strategy” has purchased an additional 220 BTC for about $27.2 million, averaging $123,561 per bitcoin, achieving a 25.9% Bitcoin yield year-to-date in 2025. As of October 12, 2025, the company holds 640,250 BTC, acquired at an average price of roughly $74,000 each, totaling about $47.38 billion in Bitcoin investments. This solidifies Strategy’s position …
China Renaissance, a Beijing-based investment bank, is in talks to raise $600 million to create a public fund investing in Binance’s cryptocurrency, BNB. Alongside, YZi Labs, the family office of Binance’s founder, plans to invest $200 million. Earlier, China Renaissance revealed plans in August to invest $100 million in BNB. This collaboration signals strong institutional …
The Prime Minister of the UAE has officially declared Bitcoin and cryptocurrency a “new sector” for the nation’s economy. This landmark move signals the UAE’s bold embrace of digital assets, recognizing their growing impact on finance, investment, and innovation. By integrating crypto into the country’s official economic sectors, the UAE aims to attract global investment, …
Hyperliquid is launching the HIP-3 upgrade, allowing developers to launch their own decentralized perpetual markets in a fully permissionless way. To create a new perp DEX on HyperCore, builders stake 500,000 HYPE tokens, which helps protect users and ensure quality. HIP-3 works with HyperEVM, adding smart contracts, on-chain governance, and robust safety checks. With this …
The Singapore High Court has approved the restructuring plan for Indian crypto exchange WazirX. This decision allows users to recover up to 55% of the $235 million lost in a July 2024 hack. Following months of legal challenges, including an earlier rejected plan and a revote with 95% creditor support, payouts in USDT equivalent are …
Hyperliquid founder Jeff has accused some centralized exchanges of drastically underreporting liquidation events, creating a false picture of market activity. He claimed that even when thousands of liquidations happen in just one second, exchanges may show only a single event publicly. According to him, this practice can lead to actual figures being understated by as …
Bitcoin mining firm Marathon Digital has boosted its crypto reserves with a fresh $46 million purchase of 400 BTC. The move strengthens its position as one of the largest publicly traded Bitcoin holders. With this addition, Marathon’s total holdings have climbed to 53,250 BTC, currently valued at over $6.12 billion. The company’s continued accumulation underlines …
From October 6 to 10, spot Bitcoin and Ethereum ETFs drew strong investor interest, taking in a combined $3.2 billion. Bitcoin ETFs recorded a net weekly inflow of $2.71 billion, largely driven by BlackRock’s IBIT leading with $2.63 billion. Meanwhile, Ethereum ETFs added $488 million, led by BlackRock’s ETHA with $638 million. The surge highlights …
The crypto market just saw its biggest crash ever, with $19 billion liquidated in just 12 hours as panic selling swept through the industry. Long positions suffered $16 billion in losses after President Trump’s tariff announcement triggered a massive sell-off. Bitcoin plunged from over $122,000 to close to $113,000, impacting more than 1.6 million traders. …
Morgan Stanley, managing $1.3 trillion in assets, has lifted restrictions on Bitcoin and crypto investments for all its clients. The firm now recommends allocating up to 4% of eligible portfolios to cryptocurrencies, highlighting Bitcoin as a scarce asset similar to digital gold. This move signals growing confidence in crypto as part of mainstream portfolios. Morgan …
Kalshi, an online prediction market platform, has raised over $300 million in a funding round, valuing the company at $5 billion. The company plans to expand its services to customers in more than 140 countries. Kalshi’s trading volume is on track to reach $50 billion annually, a huge jump from $300 million last year. This …
Pudgy Penguins and Nasdaq-listed Sharps Technology have partnered to combine Sharps’ Solana-based treasury system with the Pudgy Penguins brand. This collaboration aims to increase brand exposure and encourage institutional adoption by blending NFT assets with on-chain treasury strategies. It provides new ways for both retail and institutional users to engage with Solana-based assets, highlighting the …
Binance Wallet has introduced the Pre-TGE Prime Sale edition, giving users early access to more mature crypto projects through proportional BNB subscriptions. Tokens are allocated during the sale but remain locked until the official launch. The first project under this new model is set to be announced on October 10, 2025. This new sale edition …
Metaplanet has temporarily suspended its 20th to 22nd stock acquisition rights to prioritize expanding its Bitcoin holdings. This strategic pause allows the company to better allocate capital toward accelerating its Bitcoin treasury growth. Known as one of Asia’s largest public Bitcoin holders, Metaplanet aims to ramp up Bitcoin accumulation as part of its long-term plan …
A private key leak led to a loss of about $21 million from the Hyperliquid wallet 0x0cdC. The hacker stole roughly $17.5 million in DAI stablecoins and 3.11 million SYRUPUSDP tokens. Following the theft, these funds were moved cross-chain to the Ethereum network. This incident highlights ongoing risks in decentralized finance, especially related to wallet …
The Bombay High Court ruled in favor of CoinSwitch, allowing it to secure stolen crypto assets held on the WazirX platform after a $234 million hack in July 2024. The court dismissed WazirX operator Zanmai Labs’ challenge to an arbitration order requiring them to provide bank guarantees to protect investors’ claims. This decision supports CoinSwitch’s …
Hong Kong’s HashKey Group, operator of the city’s largest licensed crypto exchange, has confidentially filed for an IPO aiming to raise up to $500 million. The company plans to list in Hong Kong this year, aligning with the city’s push to become a global hub for digital assets. HashKey is expanding globally and its IPO …
On October 9 (ET), spot Bitcoin ETFs posted a strong net inflow of $198 million, marking their ninth consecutive day of gains. Meanwhile, spot Ethereum ETFs faced a setback, recording $8.54 million in net outflows, which ended their eight-day run of positive inflows. The contrasting trends highlight growing investor momentum for Bitcoin while Ethereum’s recent …
Several U.S. Democratic senators have introduced a proposal to tighten control over decentralized finance. The plan would allow the Treasury Department to label certain DeFi protocols as “high-risk” and add them to a restricted list, penalizing Americans earning income from them. It also proposes mandatory KYC checks on non-custodial wallet frontends and removes legal protections …
State Street, managing $4.1 trillion in assets, forecasts that most institutional investors will double their Bitcoin and cryptocurrency holdings by 2028. This trend shows a move from experimentation to strategic adoption of digital assets. Tokenization of private markets is a significant driver, supported by advances in AI and quantum computing. Institutions are increasingly confident that …
Sharps Technology has joined hands with Coinbase to expand its digital asset treasury, now holding over 2 million SOL tokens valued at more than $400 million. The collaboration uses Coinbase Prime’s custody and OTC desk services to manage liquidity and security. This partnership supports Sharps’ commitment to decentralized finance and broadens its institutional-grade infrastructure, helping …
Luxembourg’s Intergenerational Sovereign Wealth Fund (FSIL) has allocated 1% of its portfolio to Bitcoin ETFs, marking the first such investment by a Eurozone state fund. This strategic move reflects growing acceptance of digital assets within European institutional investors. FSIL’s updated investment framework permits up to 15% allocation in alternative assets like digital currencies. The decision …