SEC Approves 3x Leveraged Bitcoin, Ether, and Other ETPs for Listing
SEC approves six 3x leveraged ETPs covering Bitcoin, Ether and four traditional commodities.
Crypto
Bank group sues U.S. regulator over granting crypto trust charters
A banking group has sued the U.S. agency that issues federal bank charters, accusing it of exceeding its legal powers in granting national trust-bank status to crypto firms.
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms.
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Ethereum layer-2 network Blast is shutting down, a little over two years after its launch, as fading activity has left the blockchain unable to cover its operating costs.
Ethereum Now Lets You Pay for AI Without Revealing Who You Are
The Ethereum Foundation has put zkAPI live on Ethereum's main network, a system that lets people pay for AI services without tying their identity to what they ask, according to the Ethereum Foundation's announcement.
Nvidia Hits Record High as Market Value Reaches $5.7 Trillion
The AI chipmaker's stock topped its May peak on Friday, helped by a record $150 billion buyback and a weak jobs report that cooled bets on Fed rate hikes.
California Subpoenas OpenAI Over AI Models That Hacked Their Way Out of a Test
California Attorney General Rob Bonta said Thursday that his office served OpenAI with an investigative subpoena on Wednesday, seeking answers about cybersecurity incidents involving its AI models, according to his offi…
Crypto Price Predictions: Bull Market Targets for BTC, ETH, SOL, and XRP
Bitcoin and Ethereum have formed rising channels in the past two and five years respectively, placing their upper targets at $190K and $8,800 respectively.
Why Did Blast Decide to Wind Down Its L2?
The post Why Did Blast Decide to Wind Down Its L2? appeared first on Coinpedia Fintech News Blast is shutting down its Layer 2 network, ending a project that once pitched unusually high yields and a distinct approach to…
Crypto’s billions are back, but the premiums aren’t
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations.
Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins
The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter—siding with the ECB in calling for more flexible rules.
BNY in talks with Kraken parent Payward over infrastructure partnership
Custody banking giant BNY is in talks with Payward, the Wyoming-based parent company of crypto exchange Kraken, over a broad partnership spanning digital assets and financial-market infrastructure, according to two peop…
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.
Crypto AI Sector Surges 54% as Investors Chase Agent Economy
Crypto AI sector gained 54% in September versus 24% for the broader crypto market.
Ethereum Price Faces A Critical $0.040 ETH/BTC Test
The Ethereum price setup just got more interesting. ETH/BTC has reportedly broken its long-running downtrend, ending a period of relative weakness against Bitcoin that had stretched back to 2017.
Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower
Bitcoin climbed after weaker-than-expected payrolls pushed Treasury yields lower, but order-book resistance kept BTC from reaching new macro highs.
Stablecoin firm Fasset aims to be a bank for people and their AI agents
SBI Remit and Fasset have partnered to build a stablecoin powered payment infrastructure aimed at making cross-border money transfers faster, cheaper, and more transparent across global markets.
Furious debate about THORChain vs NEAR shows idealism has limits
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening — even if you could.
'Uptober' Off With a Bang as Bitcoin Surges to $86K
Bitcoin was trading at $86,757 on Friday, up 3% over 24 hours and 2% on the week, according to CoinGecko data, after a September that broke the month's losing reputation. It remains about 31% below the record it set a y…
VanEck Files Prospectus for BNB ETF With Staking Rewards
The post VanEck Files Prospectus for BNB ETF With Staking Rewards appeared first on Coinpedia Fintech News VanEck’s BNB ETF is listed on Nasdaq and aims to track BNB’s price along with staking rewards from part of its h…
Bitget Hack: How AI Helped in Tracing $387 Million Across Chains
The post Bitget Hack: How AI Helped in Tracing $387 Million Across Chains appeared first on Coinpedia Fintech News
71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance.
XRP Price Outlook: 4 Major Events to Watch in the First Week of October
XRP enters October with four major events that could influence its next price move.