The U.S. government has moved roughly 9,261 Bitcoin worth $770 million to Coinbase Prime over two days, including thousands of coins linked to criminal seizures and 2,456 BTC from wallets not previously identified as government holdings. Summary 9,261 Bitcoin moved to Coinbase Prime across two days, totaling roughly $770 million in transferred value. Nearly half
Vavada, which has been operating since 2017 and positions itself as a crypto casino, has announced a comprehensive update to its official website and its mirror sites. The update affected several areas simultaneously: visual presentation, the featured content system, and the range of features available to crypto players. For the cryptocurrency gambling segment, such changes
Bitcoin, Ethereum and XRP have flashed four-hour TD Sequential buy signals after sharp price declines, giving traders a possible early rebound setup as all three assets remain under selling pressure. Summary Bitcoin’s four-hour TD Sequential flashed a buy signal after falling 5.55% from October 5 highs. Ethereum’s four-hour buy signal appeared after ETH dropped 7.36%,
Kyrgyzstan has shut down its gold-backed USDKG stablecoin less than a year after its $50 million launch, with the government ordering the liquidation of issuer EVA and state-owned Coin Nomad Exchange. Summary Kyrgyzstan ordered USDKG issuer EVA and state-owned Coin Nomad Exchange into formal corporate liquidation proceedings. USDKG holders can request fiat or USDT redemptions
Franklin Templeton CEO Jenny Johnson has criticized rival tokenized fund models at TOKEN2049 Singapore, arguing that many remain “digital twins” of traditional products instead of using blockchain as the primary recordkeeping layer. Summary Franklin Templeton CEO Jenny Johnson called many rival tokenized funds digital copies at TOKEN2049 Singapore. BENJI records fund ownership on public blockchains
The Cardano Foundation has spun out Veridian as an independent digital identity company after three years of development, with its shares tokenized on Cardano and plans to seek investors in 2027. Summary Veridian’s shares have been tokenized under Switzerland’s DLT Act using Cardano’s CIP-0113 programmable token standard. CEO Thomas A. Mayfield will lead the company’s
Hypercall founder Jake Sylvestre has called for simpler options trading, tighter spreads, and shared hedging accounts after the venue reported $536 million in September notional volume, out of $592 million since its June 1 launch. Summary Hypercall reported $536 million in September volume, with most activity coming from S&P 500 trades. Sylvestre said repeat traders
Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major jurisdiction. Summary Hyperliquid Labs has confirmed Singapore as its registered headquarters and acknowledged its unregulated status. People familiar with MAS’s thinking
A New York jury has convicted cybersecurity consultant Jonathan Spalletta of computer fraud and money laundering over two Uranium Finance attacks that drained nearly $55 million, with the money laundering count carrying up to 20 years in prison. Summary Spalletta was convicted on both counts after a six-day federal jury trial in Manhattan. Prosecutors traced
House Financial Services Committee Chair French Hill has renewed his push for a permanent US crypto law, saying regulatory action falls short of legislation as the Senate faces just 22 session days after November’s elections. Summary Hill said SEC and CFTC crypto measures cannot provide the lasting framework Congress could establish. The Senate blocked CLARITY
