Cryptocurrency

3932 items in section

Zcash Sets November 5 Target for NU7 Upgrade with 25-Second Blocks

Zcash developers have locked in block 3,543,405 as the activation point for the Network Upgrade 7 (NU7), setting the stage for a transition expected around November 5. This shift aims to triple block production frequency, significantly accelerating transaction confirmations for the privacy-focused blockchain.

Tether Backs Mural as AI Agents Enter the Financial System

Tether has spearheaded a $15 million Series A round for Mural, a New York-based fintech firm building infrastructure to facilitate financial transactions for autonomous software. The capital injection brings the startup’s total funding to $28 million, signaling a push to integrate AI agents into global banking and payment networks.

Decibel Integrates Aptos Encrypted Mempool to Neutralize MEV

Decentralized exchange Decibel Trade has integrated Aptos’ Encrypted Mempool, providing users with an opt-in mechanism to mask transaction payloads. By concealing order details until block finalization, the platform aims to strip automated traders of the advance information required to execute profitable frontrunning and sandwich attacks.

Bank Negara Malaysia Unveils 24/7 Tokenized Securities Platform

Bank Negara Malaysia has launched SSDS+, a distributed ledger-based platform designed to manage the issuance and safekeeping of tokenized bonds and Islamic sukuk. By integrating this system with the real-time RENTAS+ network, the central bank now enables round-the-clock payment settlement using official central bank money rather than private digital tokens.

Crypto Exchanges Pivot to Prediction Markets as Trading Volumes Stall

Trading volumes for prediction markets surged from $17 billion to $72 billion between January and September, prompting major crypto firms to pivot. With digital asset prices mired in a prolonged slump, Binance US and Blockchain.com have joined the race to secure regulatory approval for event-based betting contracts in the United States.

Cardano Foundation Urges EU to Refine MiCA Instead of Expanding Scope

The Cardano Foundation is pushing back against proposals to bring decentralized finance and staking under the European Union’s Markets in Crypto-Assets Regulation. In a formal response to the European Commission, the organization argues that policymakers should focus on clarifying existing rules rather than creating new, burdensome frameworks for blockchain activities.

Cardano Faces 24% Downside Risk as Technical Signals Turn Bearish

Cardano has clawed back 3% to trade at $0.2235, yet a bearish flip in the SuperTrend indicator suggests the recovery may be fragile. Analyst Ali Martinez warns that a daily close below $0.21 could trigger a sharp decline toward $0.17, representing a potential 24% drop from current levels.

Ripple Prime launches 24/7 derivatives as HSBC flags liquidity risks

Institutional brokerage Ripple Prime has introduced 24/7 perpetual swaps tied to over 100 stocks, commodities, and currencies, allowing firms to trade assets like gold and oil during weekend hours. Despite the expansion, analysts warn that thin market liquidity may hinder large-scale institutional adoption for significant position management.

North Korea-linked SquidSquad linked to $2.84M BNB Chain heist

A mysterious institutional crypto holder lost $2.84 million on October 8 during a sophisticated breach of the BNB Chain. Blockchain investigator ZachXBT tracked the stolen assets through a complex web of Tornado Cash transactions and Tron-based stablecoin transfers, ultimately linking the trail to wallets previously associated with North Korean cyber operations.

BNB Standard Heads to Nasdaq for Opening Bell Ceremony

Alex Odagiu, the newly appointed chief executive of BNB Standard, will ring the Nasdaq opening bell on October 26. The ceremony at the Times Square MarketSite marks a pivotal transition for the firm, signaling both its official corporate rebranding and the conclusion of a high-stakes governance restructuring.

Dunamu and MoonPay Partner to Explore Stablecoin Payment Infrastructure

South Korean exchange operator Dunamu and global fintech firm MoonPay are joining forces to test the viability of stablecoin-based cross-border payments and corporate treasury services. The collaboration aims to leverage Dunamu’s GIWA blockchain ecosystem alongside MoonPay’s extensive international network to facilitate digital asset transactions for businesses.

MEXC to Exit Russian and Belarusian Markets

Conflict lead: Cryptocurrency exchange MEXC is pulling its services from Russia and Belarus, signaling a shift in compliance strategy that leaves users in those regions facing forced account closures. While the platform cited global regulatory efforts, it stopped short of naming specific sanctions or government directives driving the sudden exit.

Utah targets Kalshi for $61M over alleged illegal gambling

Utah Attorney General Derek Brown has launched a civil lawsuit against prediction market Kalshi, seeking up to $61.2 million in restitution. The state alleges the platform facilitated illegal gambling for thousands of residents through event contracts, defying state laws despite Kalshi’s claims of federal regulatory compliance.

Qubic Restarts Blockchain After $1.4 Million Wallet Hack

After a seed-generation vulnerability allowed an attacker to siphon 2.94 trillion QU tokens from 1,404 accounts, the Qubic layer-1 blockchain has resumed operations. The project’s Computor quorum approved a recovery plan that includes a long-term claim process for affected users to reclaim stolen assets now held in escrow.

Ripple Pushes SEC for Regulatory Clarity After $150M Legal Battle

Having spent over $150 million defending its XRP sales in federal court, Ripple is now urging the Securities and Exchange Commission to move beyond case-by-case enforcement. In a formal comment letter submitted October 20, the company advocated for clear, durable rules to define when digital assets cease to be investment contracts.

Luganodes Expands RPC Services to TRON with 25M Free Monthly Units

Luganodes has integrated TRON into its multi-network RPC infrastructure, offering developers a standard allowance of 25 million compute units per month. The expansion allows users to access TRON, Ethereum, and Bitcoin mainnets through a single API key, targeting developers seeking alternatives to self-hosted node management.

Bitcoin Struggles to Clear $84,200 Resistance Amid Market Recovery

Bitcoin climbed back above $83,000 on Tuesday as U.S. stock indices rallied on the back of falling oil prices. Despite the broader risk-on sentiment, the leading cryptocurrency retreated toward $82,600, failing to breach the critical $84,200 threshold required to invalidate its current local bearish structure.

Fidelity links 135,979 Bitcoin purchases to preferred stock financing

Corporate treasury strategies are fueling a new wave of Bitcoin demand as firms leverage perpetual preferred stock to fund massive asset acquisitions. Fidelity Digital Assets reports that issuers have secured 135,979 BTC—roughly 0.5% of the total supply—by betting that crypto appreciation will outpace dividend costs.

Solana Co-Founder Critiques Alpenglow Development Path

Solana co-founder Anatoly Yakovenko argues that the Alpenglow consensus migration could have been completed in half the time. His critique centers on the complexity of the new system, which officially removes validator vote transactions from blocks starting with epoch 1064, potentially altering how developers track network activity.

Murad Claims Crypto Bull Market Still Ahead Despite Bitcoin’s Price Dip

Prominent memecoin investor Murad has declared that the crypto bull cycle has yet to begin, even as Bitcoin hovers near $82,000. While his bold prediction captured significant social media attention, it arrived against a backdrop of conflicting market data and historical warnings about the volatility of current price recoveries.

Hyperliquid Policy Center Proposes CFTC-Regulated AI Compute Futures

The Hyperliquid Policy Center has urged the Commodity Futures Trading Commission to authorize U.S. futures and perpetual contracts tied to GPU rental prices and AI inference costs. In an October 20 letter, the group argues that such derivatives would allow developers and data centers to hedge against volatile computing expenses.

LayerZero to Launch Zero Mainnet and ATLAS Trading on Nov. 30

LayerZero has set a November 30 launch date for its Zero mainnet and ATLAS trading infrastructure. The system, designed as a headless exchange, will debut with Open ATLAS supporting over a dozen trading venues, aiming to process 200,000 transactions per second with sub-millisecond median latency.

Cardano Outlines Leios Rollout for Multi-Fold Capacity Gains

Input Output has detailed a phased implementation for the Cardano Leios upgrade, aiming to boost network transaction capacity by three to five times. The transition hinges on a successful Dijkstra hard fork and requires significant stake pool operator participation to activate the new endorser block architecture.

Binance rolls out .ai naming for AI wallet agents

Binance co-founder Yi He is pushing users to secure unique identity names for their AI agents directly through the exchange’s mobile application. The initiative allows users to replace complex alphanumeric wallet addresses with personalized handles ending in ".ai," signaling a broader push to integrate autonomous agents into the platform's ecosystem.

Tether Backs Tenstorrent in $1.5 Billion AI Hardware Expansion

Tether has joined a $1.5 billion funding round for chipmaker Tenstorrent, securing a stake in the Santa Clara-based firm at a $6.2 billion post-money valuation. The investment marks a strategic pivot for the stablecoin issuer as it attempts to integrate hardware autonomy into its broader portfolio of AI and payment technologies.

Memecoin fatigue: 79% of Pump.fun tokens vanish after launch day

Nearly eight out of every 10 tokens launched on Pump.fun fail to see a single trade after their first day, underscoring a deepening crisis of confidence among retail participants. As the market floods with thousands of new assets daily, traders are increasingly abandoning the sector, citing a lack of long-term utility.

Strive Closes $630M Preferred Stock Offering With 15% Dividend

Strive has finalized an upsized $630 million offering of its new Series A Perpetual SATS preferred stock, pricing 7 million shares at $90 each. The move introduces a fixed 15% annual dividend to the Bitcoin treasury firm’s capital structure, aiming to provide income stability alongside its existing variable-rate SATA shares.

MoneyGram Scales Blockchain Strategy as XDC Network Validator

MoneyGram has transitioned from a digital asset user to a core infrastructure participant, joining the XDC Network as an institutional validator. This move integrates the 85-year-old payments giant directly into the consensus mechanism of the Layer-1 blockchain, marking a strategic pivot toward governing the plumbing of onchain finance.

Swiss Regulator Clears First Retail Spot Bitcoin ETF

The Swiss Financial Market Supervisory Authority has authorized the nation’s first spot Bitcoin fund designed specifically for retail investors. By granting an exemption to standard diversification rules, the regulator allows this vehicle to hold Bitcoin directly under the country’s collective investment scheme framework, marking a shift from existing debt-based crypto products.