Others News

Cryptocurrencies continue to gain popularity, especially among younger investors.

OKX, one of the largest crypto exchanges globally, is making inroads into the Middle East and North Africa (MENA) region.

On October 10, Ethena unveiled the four assets selected by its risk committee for allocation to the reserve fund containing real world assets (RWAs).

A recent data breach at Fidelity Investments has compromised the personal details of over 77,000 customers, according to a filing with Maine’s Attorney General on October 9.

In a landmark case, the tenth-largest bank in the United States is set to pay a staggering $3.1 billion after making history as the first American bank to admit guilt in a money laundering conspiracy.

World Liberty Finance, a new decentralized finance (DeFi) venture linked to Donald Trump and his sons, is preparing to launch its first token sale next week.

Ripple Labs has taken action by filing a cross-appeal with the US Court of Appeals for the Second Circuit, following recent developments in their legal battle.

Charles Schwab recentyl revealed that 45% of ETF investors are looking to gain exposure to cryptocurrencies, surpassing interest in bonds (44%) and international equities (27%).

Tron founder Justin Sun has taken on a new role as Prime Minister of Liberland, a self-proclaimed micronation located between Croatia and Serbia.

Argentina has emerged as the leading Latin American nation for cryptocurrency inflows, surpassing Brazil.

In light of growing regulatory clarity surrounding spot Bitcoin and Ether ETFs, nearly half of traditional hedge funds are now investing in digital assets.

Stablecoins like USDT have become vital in Latin America, assisting people in managing ongoing economic difficulties.

Retail engagement with cryptocurrencies has significantly increased since 2020, according to a recent report from the International Organization of Securities Commissions (IOSCO) released on October 9.

In South Korea, divorcing couples can now split cryptocurrency holdings as part of their asset division, a law firm specializing in the country’s legal matters has confirmed.

The People’s Bank of China (PBOC) has launched a $70.6 billion initiative to strengthen its capital markets, enabling financial institutions like brokers and mutual funds to secure liquidity for stock purchases using their existing holdings as collateral.

Hedge fund manager Hugh Hendry is taking a bullish stance on Bitcoin and predicting lower interest rates in the near future.

US Securities and Exchange Commission (SEC) Chairman Gary Gensler has expressed scepticism about the use of Bitcoin (BTC) or other cryptocurrencies as a form of payment.

Nvidia continues to be a significant growth player in tech, recently announcing a quarterly dividend of $0.010 per share, with a record date of September 12.

The Mango DAO has opted not to move forward with a $700,000 payment to the U.S. Securities and Exchange Commission (SEC) related to unregistered sales of MNGO tokens.

Worldcoin (WLD) has been facing a challenging environment in the cryptocurrency market, plunging more than 84% from its peak of approximately $11.74 reached in March 2024.

A recent ruling by the U.S. District Court for the District of Columbia indicates that Bitfinex is likely the sole entity eligible for restitution concerning the 119,754 BTC that was stolen during the notorious 2016 hack.

Taiwan is set to enhance the adoption of institutional cryptocurrency as regulators prepare to trial crypto custody services via local banks.

In a move to bolster user trust amid rising skepticism towards centralized financial systems, Wirex has rolled out Wirex Pay, a modular blockchain tailored for seamless payment transactions.

An analyst from Fundstrat suggests that the stock market could soon reach new all-time highs due to a combination of factors.

Cathie Wood’s ARK Invest has shaken up its portfolio by snapping up $2.2 million worth of Coinbase shares, signaling a renewed focus on the major crypto exchange.

Revolut, the digital banking app, reported blocking over $621 million in potentially fraudulent transactions involving both crypto and fiat currencies during 2023.

The infrastructure developer for decentralized applications (dApps), Semantic Layer, has successfully secured $3 million in seed funding, marking the company’s total financing to date.

FTX has filed a motion to settle with Caroline Ellison, the former Alameda Research CEO, requiring her to relinquish nearly all her assets.

OpenAI could face a significant ownership change within the next three years, as CCS Insight predicts the company may struggle to secure funding for continued growth.

A U.S. city is raising alarms about the negative impact of a nearby Bitcoin mining operation.

Elon Musk recently engaged in a conversation with Tucker Carlson, during which he expressed his strong support for Donald Trump’s presidential aspirations.

Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) to defend the cryptocurrency industry against what it deems overreach by the agency.

Bitcoin (BTC) has surged more than 40% this year, outperforming major stock indices, bonds, gold and even oil, which has been rising recently due to geopolitical tensions.

In the rapidly evolving cryptocurrency sector, a notable partnership has emerged between Alchemy Pay and Samsung.

Binance, the world’s largest cryptocurrency exchange, announced a record $10 million prize pool for its Binance Traders League, which aims to boost community engagement among traders.

The October 2024 report offers a detailed snapshot of Binance’s financial situation at a turbulent time for the crypto market.

In a recent interview, the CEO of Riot Platforms expressed interest in exploring AI partnerships if suitable opportunities arise.

Hong Kong’s Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges by year-end, according to CEO Julia Leung.

Data from cryptocurrency exchanges indicates that significant amounts of capital have left the market over the past month, potentially stalling any short-term upward momentum.

Worldcoin, the digital identity venture co-founded by Sam Altman of OpenAI, is refocusing its efforts away from Europe.

Dan Gallagher, Robinhood’s chief legal officer (CLO), has been identified as a potential SEC chair if Donald Trump returns to the presidency.

A noteworthy shift has taken place in the cryptocurrency sector today.

On Monday, a court gave the green light to FTX’s bankruptcy plan, enabling the collapsed crypto exchange to repay its users with $16 billion in recovered assets.

A recent report reveals that global cryptocurrency usage is approaching 7.51% of the population, projecting this could rise above 8% by 2025.

Goldman Sachs has updated its year-end and 12-month forecasts for the S&P 500 index, driven by anticipated margin growth for businesses and a positive macroeconomic outlook extending into 2025.

In anticipation of the documentary “Money Electric: The Bitcoin Mystery,” venture capitalist Anthony Pompliano has shared his thoughts on the possibility of uncovering Satoshi Nakamoto’s identity.

A recent report highlighted that some Chinese investors are giving up on cryptocurrencies, and turning back to the country’s growing stock market, spurred by central bank measures to boost the economy.

The cryptocurrency landscape, particularly Bitcoin, tends to respond to significant economic indicators from the U.S. as traders adapt their strategies to align with macroeconomic trends.

The G7 antitrust regulators have announced plans for strong enforcement measures to ensure competitive practices in the artificial intelligence sector, aiming to tackle potential risks before they become entrenched.

Binance, the world’s largest cryptocurrency exchange, has rejected 86% of Israeli military requests to freeze crypto wallets linked to Palestinians and others due to a lack of sufficient evidence.

Tether has announced the upcoming release of a documentary highlighting the role of its stablecoin, USDT, in combating inflation, coinciding with the company’s 10th anniversary.

A prominent finance expert anticipates a surge in global liquidity that could drive market growth. He predicts that major central banks, particularly the Federal Reserve, are preparing to inject significant liquidity into the financial system, spurred by concerns about the economy.

Telegram’s CEO recently hinted at a new feature allowing non-fungible token (NFT) conversions, coinciding with the launch of the platform’s new Gifts feature.

The cryptocurrency world has been buzzing recently following the announcement of a new series by HBO titled “Money Electric: The Bitcoin Story.”

A prominent Bitcoin staking platform has surged in protocol fees yesterday, securing its place among the top decentralized finance platforms.

Seven major financial institutions, including JPMorgan Chase and Bank of America, expect gold to reach new highs by 2025.

Recent updates reveal that Coinbase is urging Judge Katherine Polk Failla to rethink its request for an interim appeal.

Quant hedge funds are facing significant challenges due to margin calls triggered by a substantial surge in Chinese stocks, particularly impacting those with short positions.

Vitalik Buterin, co-founder of Ethereum, made headlines today with a significant crypto transaction involving the sale of various meme coins and USDT, converting them into ETH.

FTX creditors in the Eurozone will receive repayments in euros based on 2022 closure prices, plus processing fees of up to 30%.