Everything web3, crypto, defi, degen
In brief Ripple Prime clients will have access to dozens of cryptocurrencies. Customers can engage in OTC spot transactions, Ripple said. Hidden Road was a multi-asset prime brokerage. XRP-linked fintech Ripple began letting U.S. customers access spot trading for dozens of cryptocurrencies through its Ripple Prime service, the company said in a blog post on…
In brief Defunct crypto exchange Mt. Gox has pushed its repayment deadline back to October 31, 2026, per a court notice. Around 19,500 creditors have been repaid so far, while many remain pending. Early repayment news sparked selloffs, but later delays drew little reaction, showing greater market resilience. Mt. Gox’s court-appointed rehabilitation trustee has postponed…
Throughout the quarter, Kraken accelerated that momentum – introducing new product categories, enhancing client experiences and expanding platform-wide capabilities to strengthen our full product suite. Our results demonstrate the scalability of our multi-product platform and the resilience of our model in a fast-changing market. By pairing innovation with discipline, we continue to lay the foundation…
In brief Gold retreated from a record high of $4,395 per ounce on Tuesday. Bitcoin and Ethereum were trading around $112,000 and $4,000, respectively. Analysts cited strong earnings and easing geopolitical concerns as factors. Bitcoin and Ethereum rose on Tuesday as gold’s price headed toward its biggest daily drop in over a decade, indicating renewed…
In brief More than $19 billion worth of crypto positions were liquidated on Friday amid a flash crash. Market experts believe that increased amounts of leverage in crypto could be creating systemic risk, with leverage cascades potentially becoming a more common occurrence. It comes as Hyperliquid and Aster have made high levels of leverage more…
In brief Meme coins including SHIB, PEPE, PENGU, BONK, and WIF are leading crypto’s recovery from Friday’s crash, pushing the total meme coin market cap to $69 billion. Friday’s selloff triggered nearly $20 billion in liquidations, the largest single-day wipeout in crypto history, as Bitcoin plunged from $121,000 to $109,000 before rebounding. Analysts told Decrypt…
In brief Eliza Lab’s Walters said fully autonomous trading agents are not investment-ready and perform best as interfaces that structure unstructured data into executable actions. Eliza is building a “marketplace of trust” that paper-buys shilled tokens to score users’ calls, and an agent-run OTC desk with smart-contract guardrails. He framed the token migration and cloud…
Thai authorities have busted a $15 million criminal enterprise that victimized over 870 South Koreans, in what one expert calls a case study of “multi-layered laundering.”The Seoul Metropolitan Police Economic Crime Investigation Division announced Monday the arrest of 25 members of “Lungo Company,” a fraud ring that deployed multiple scam tactics, including romance schemes, crypto…
In brief Bitcoin traders may need up to a week to fully process the Federal Reserve’s first rate cut in nine months, with $120K now “within sight” according to Bitbank’s analysis. 92% of CME FedWatch traders anticipate another 25-basis point Fed cut in October, while 72% of Myriad prediction market users expect the same outcome.…
In brief Publicly traded Helius Medical Technologies announced that it’s raising $500 million to establish a Solana treasury. The firm’s stock price rose by more than 141% as of the close of trading Monday. Helius Medical Technologies is not affiliated with notable Solana infrastructure startup, Helius. Medical devices manufacturer Helius Medical Technologies has raised $500…
