Everything web3, crypto, defi, degen
In brief Derivatives exchange Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers. If approved by regulators, the products will be available in November. Currently, U.S.-based traders have access to futures that expire. Derivatives exchange Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers in November, pending regulatory approval,…
SOL GOES HIGHER, HIGHER RATE CUTS MORE LIKELY, $HYPE ATHCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details…
HYPE HITS ATH, NASDAQ WANTS STOCK TOKENISATION, WLD SOARSCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of…
In brief The U.S. Treasury has sanctioned 19 entities across Burma and Cambodia that it says scammed Americans out of $10 billion in 2024. The action targets networks using trafficked workers forced to conduct “pig butchering” scams through fake investment platforms and romance schemes. Networks often “rebrand” when sanctioned, but sanctions “disrupt scammers’ easiest routes,”…
In brief If passed, Treasury would have 90 days to report on feasibility, legal authority, custody, and cybersecurity. The bill also calls for details on interagency transfers and balance sheet treatment of digital assets. Federal definitions could set benchmarks for custody and accounting across the industry, Decrypt was told. Two sections of a U.S. House…
In brief Eightco raised $250M to buy Worldcoin and changed its ticker to ORBS in a crypto treasury pivot. BitMine backed Eightco with $20M and called the Worldcoin play its first big “moonshot” investment. Eightco bet on Worldcoin over Bitcoin or ETH, sparking questions about the strategy. Eightco Holdings Inc. shares surged more than 3,000%…
In brief Anton Kobyakov, an advisor to Russian President Vladimir Putin, said the U.S. is using crypto to help fix its debt issue. Kobyakov highlighted stablecoins will play a role in the U.S.’s debt devaluation. He added that the U.S.’s actions are at the “world’s expense.” An advisor to Russian President Vladimir Putin said that…
In brief SOL Strategies received approval to list its common shares on the Nasdaq Exchange. The firm intends to trade under ticker STKE starting on September 9. Shares of the firm were up nearly 20% on the Canadian Stock Exchange on Friday. Publicly traded Solana treasury and infrastructure company SOL Strategies received approval to list…
In brief Hyperliquid has opened proposals for teams to issue a USDH stablecoin on its network. Validators will have five days to vote on proposals, with the ticker being unlocked for the winning team once quorum is reached. But an established Hyperliquid stablecoin protocol is calling it “unfair,” as it pursued the ticker in the…
In brief SEC and CFTC leaders proposed a “24/7 Markets” policy to bring U.S. securities trading online around the clock, citing the nonstop nature of crypto and global markets. They also floated plans to ease rules for prediction markets, perpetual derivatives, and DeFi trading in line with a unified “super-app” model for finance. Critics warned…
