Business

Business
Business

Comer Seeks Crypto.com, Hyperliquid and PredictIt Records…

What Is Congress Asking The Three Platforms To Provide? The U.S. House Oversight Committee has expanded its investigation into possible insider trading on prediction markets, requesting records from Crypto.com, Hyperliquid and Aristotle Exchange, the company behind PredictIt. Committee Chairman James Comer sent letters on Sept. 29 asking the companies to explain how they verify customers,

Read More
Business

Uphold Adds Crypto Inheritance, But Its “Industry-First”…

Uphold has added an inheritance feature to its Vault product, allowing customers to designate a beneficiary for Bitcoin, XRP and Hedera holdings. The service creates a formal claim process for transferring assets after the owner dies, addressing the gap between legal ownership and the cryptographic control needed to move assets from a wallet. The feature costs

Read More
Business

Bitget Exploiter Attempted to Route Stolen Funds via…

The attacker behind the $387.5 million Bitget hack attempted to route stolen cryptocurrency through cross-chain swap protocol Chainflip, but the transaction was rejected by a broker before it could be executed through the network. Chainflip disclosed the attempted transaction after addresses associated with the Bitget exploiter tried to use its infrastructure to convert stolen assets

Read More
Business

Coinbase Can Now List, Broker and Clear Fully…

What Does The CFTC Approval Give Coinbase? Coinbase has received Commodity Futures Trading Commission approval to register Coinbase Clearing LLC as a derivatives clearing organization, giving the exchange an in-house clearing arm for fully collateralized derivatives in the United States. The registration completes a three-part regulated derivatives structure. Coinbase already operates Coinbase Derivatives as a

Read More
Business

Strategy Buys 1,665 Bitcoin for $142.7 Million, Lifting…

How Much Bitcoin Did Strategy Buy? Strategy purchased another 1,665 Bitcoin for approximately $142.7 million last week, pushing its holdings to 847,666 BTC as the company returned to using common-stock issuance to finance its treasury accumulation. The company acquired the Bitcoin between Sept. 21 and Sept. 27 at an average price of $85,681 per coin,

Read More
Business

Vitalik Buterin Says Hegota Will Be Ethereum’s Last…

The Ethereum news worth reading this weekend came from Vitalik Buterin’s own blog rather than a price feed. In an essay published on 27 September titled “The Cryptographic World Computer”, the Ethereum co-founder set out where the protocol is heading by 2030, and drew a hard line at the next scheduled fork. Ether traded around

Read More
Business

Fake GIWA Bridge Scam Drains About $2 Million in Ether From…

How Did A Fake Blockchain Drain 766 ETH? A fraudulent blockchain impersonating Upbit operator Dunamu’s GIWA network drained about $2 million in Ether after decentralized exchange DYORSWAP initially treated the fake network as GIWA’s mainnet. DYORSWAP said Monday that 1,335 addresses sent roughly 767.65 ETH through the fraudulent bridge before its operators withdrew 766.25 ETH.

Read More
Business

CFTC Updates Crypto Guidance to Allow Tokenized Customer…

The Commodity Futures Trading Commission has updated its digital-asset guidance to clarify that regulated derivatives firms can invest customer funds in tokenized versions of permitted assets and use blockchain technology to satisfy regulatory recordkeeping requirements. The CFTC’s Market Participants Division, Division of Market Oversight and Division of Clearing and Risk published the updated guidance on

Read More
Business

Ondo Brings Diversified BlackRock Portfolio Strategies…

What Has Ondo Launched With BlackRock? Ondo Finance has launched three tokenized investment portfolios based on model strategies developed by BlackRock, extending its real-world asset business from individual stocks and funds into diversified portfolios represented by a single onchain token. The products are Ondo High Income Powered by BlackRock (BLKHIon), Ondo Diversified Growth Powered by

Read More
Business

Ondo Finance Was Shopped to Buyers After Founder Nathan…

Was Ondo Finance Put Up for Sale? Tokenization platform Ondo Finance was reportedly presented to potential buyers following the sudden death of founder and CEO Nathan Allman, adding another layer to a corporate control dispute surrounding one of the largest companies in the real-world asset market. People familiar with the matter said outreach to prospective

Read More