Dtcpay, a Singapore payments company, has completed a $25 million Series A with SBI Group joining as a strategic investor, giving its stablecoin payments business fresh backing for product and merchant expansion. The company announced the close on Sept. 18, naming SBI Ventures Asset Pte Ltd and the SBI-NTU-Kyobo Digital Innovation Fund as the Japanese …
Continue reading “Why SBI just put millions behind a Singapore startup’s stablecoin push”
The UK Financial Conduct Authority says overseas crypto providers can fall inside the country’s incoming authorization regime when they serve British consumers, even when the business is established abroad. A “UK consumer” for this purpose means an individual in the UK acting outside a trade, business or profession. The definition is a statutory territorial concept …
Continue reading “FCA draws the UK boundary for offshore crypto platforms ahead of 2027 rules”
Michael Blaugrund, Vice President of Strategic Initiatives at ICE, the parent company of NYSE, stated that the company was considering Avalanche to host the trading and on-chain settlement platform currently under development to enable 24/7 trading of tokenized securities. NYSE Might Implement Tokenized Trading Solutions On Top of Avalanche The New York Stock Exchange (NYSE) …
Continue reading “ICE Considers Avalanche to Launch NYSE Tokenized Trading Engine”
The exchange network will give Argentine tax authorities new tools to curb tax evasion linked to cryptoassets in transactions involving virtual asset service providers registered abroad. Over 77 jurisdictions have agreed to implement this framework by 2029. Argentina to Implement Crypto Asset Reporting Framework by 2029 Argentina is joining a global network of nations that …
Continue reading “Argentina to Share Crypto User Transaction Data Globally by 2029”
Grayscale’s Zcash ETF is preparing a 3-for-1 forward share split less than two months after becoming the world’s first Zcash exchange-traded product. The move will lower the ETF’s per-share price without changing investor value, potentially making ZEC exposure more accessible through traditional brokerage accounts. Grayscale Zcash ETF Split Could Broaden Access for Investors Grayscale is …
Continue reading “Grayscale Lowers ZCSH Share Price With 3-for-1 Split for Zcash ETF”
The joint operation resulted in the arrest of seven individuals: the leader of the Sweden-based laundering ring in the UAE and six others in the gang in Sweden. The organization had laundered over $7 million using crypto, with links to other activities, including contract killings. UAE and Sweden Dismantle Crypto Contract Killing Laundering Ring International …
Continue reading “UAE and Sweden Dismantle $7M Crypto Gang Tied to Contract Hits”
A routine Radix code refactor created a vault flaw that enabled a roughly $1.3 million theft and later forced validators to halt the blockchain. The Radix Foundation said Sept. 17 that an RDX Works development team introduced the defect during a June 2023 cleanup of the Radix Engine, the software layer that executes transactions and …
Continue reading “3-year-old bug triggers $1.3 million drain and forces 10-day blockchain halt”
The US sanctioned Iranian crypto exchange BitBank, widening its campaign against digital-asset infrastructure allegedly used to finance the Islamic Revolutionary Guard Corps (IRGC). On Sept. 17, the Treasury Department’s Office of Foreign Assets Control (OFAC) said that the sanctioned Iranian financier Babak Zanjani used BitBank between June and July to facilitate hundreds of millions of …
Bitcoin’s rebound above $80,000 on Sept. 18 extended a technology-led relief rally. The move coincided with yen weakness and followed a return to Bitcoin ETF inflows the previous day. The advance was already underway in European trading, hours before weak US economic figures offered a possible argument against further monetary tightening. At press time, Bitcoin …
Continue reading “Why Bitcoin hit $80k today hours before bad US data even landed”
XRP Ledger (XRPL) developers are using mathematical proofs to test whether the network’s forthcoming lending market can be drained or become insolvent. On Sept. 17, protocol research firm Common Prefix said it is formally verifying XRPL’s Lending Protocol with Lean 4, a theorem-proving language designed to establish whether software satisfies defined mathematical properties across possible system …
Continue reading “XRPL tries to mathematically prove its new lending market cannot be drained”
Hyperliquid has launched native manual borrowing, extending its trading infrastructure into credit as HYPE climbed to a fresh all-time high above $90. The Sept. 18 rollout lets users pledge HYPE or Bitcoin as collateral to borrow USDC or USDT directly through HyperCore. Hyperliquid said $269 million in assets were borrowed Friday, giving the new product …
Continue reading “Hyperliquid opens native lending as HYPE hits new ATH above $90”
Participating Zcash coinholders have overwhelmingly favored keeping scheduled halvings and waiting until February 2031 to begin returning ZEC collected by the Network Sustainability Mechanism to future block rewards. The choices were part of a five-question poll on NU7, Zcash’s next network upgrade. Between 2.399 million and 2.404 million ZEC participated in each question. All five …
Continue reading “Zcash holders vote to preserve halvings and defer recycled ZEC until 2031”
Two days after the US Senate failed to advance the CLARITY Act, federal regulators opened two narrower routes for crypto-linked market access under existing law. The Securities and Exchange Commission created a five-year path for permissioned venues to trade tokenized US stocks through automated market makers. The Commodity Futures Trading Commission broadened staff no-action relief …
Bitcoin surged past $81,000 on Friday, hitting an intraday high of $81,238, before settling around $80,800 with a $1.62 trillion market cap. CFTC Draft Rules Spark Rally Beyond $81,000 Bitcoin’s price breezed past $81,000 Friday amid reports that the Commodity Futures Trading Commission (CFTC) sent crypto market rules to the White House for review. The …
Continue reading “Bitcoin Price Hits $81K on Renewed Spot Demand, Leverage Reset”
U.S. bitcoin ETFs returned to inflows on Thursday with $159.45 million, led by a sharp rebound in Blackrock’s IBIT. Ether and XRP funds remained under pressure, while the recently launched Zcash ETF drew $46.56 million in fresh capital. Blackrock Drives Bitcoin Rebound Institutional demand returned to bitcoin on Thursday, offering some relief after a bruising …
Continue reading “Bitcoin Returns to Inflows With $159M as Zcash ETF Draws $46.6M”
