Digital Asset Treasuries
Exchanges
Gemini secures regulatory approval in Singapore amid Asia expansion plans
Singapore's welcoming regulatory landscape attracts major crypto trading platforms, including Gemini, to its shores.
Bankruptcy
FTX sues KuCoin to recover $50 million in withheld assets
FTX said ever efforts to recover the funds from KuCoin was futile.
Exchanges
Coinbase CEO urges next SEC chief to apologize for crypto crackdown
Armstrong highlights inconsistencies in SEC's stance on cryptocurrencies, urging for regulatory clarity and accountability.
Crypto
Vitalik Buterin sets sights on ‘multidimensional’ Ethereum gas with focus on The Splurge
"The Splurge" pushes Ethereum toward advanced account abstraction and multidimensional gas innovation.
Bitcoin
Bitcoin’s price surge powered by increased leverage
Leverage trading raises Bitcoin to around $69,000, stirring profit and risk discussions
Technology
Robinhood challenges Polymarket with election-linked contracts for US presidential race
Robinhood eyes new user base with election-linked derivatives, as Polymarket faces scrutiny over wagering trends.
Technology
BIS partners with central banks to tackle cross-border compliance with Project Mandala
Project Mandala leverages decentralized systems to boost compliance and expedite cross-border payments in multiple jurisdictions.
Crypto
$27 billion crypto inflows in 2024, $901 million last week amid US political backdrop
BlackRock’s Bitcoin ETF leads inflows as US elections heighten demand for crypto investment products.
Regulation
Hong Kong to boost crypto industry with new licenses and tax perks
Hong Kong officials unveiled plans for expanded exchange licensing and potential tax breaks to boost the crypto sector.
Crypto
Metaplanet becomes 19th-largest Bitcoin holding firm with over 1,000 BTC
CEO Simon Gerovich hints at further Bitcoin acquisitions to bolster Metaplanet's dominant market position.
Exchanges
WazirX reveals 40% customer assets held on third-party exchanges amid transparency push
WazirX is seeking a third-party custodian that offers fund insurance.
Regulation
South Korea to regulate cross-border crypto trades by 2025
South Korean authorities said 81% of forex crimes are linked to crypto.