SEC eyes enforcement action over prediction market insider trading
The U.S. Securities and Exchange Commission (SEC) has warned that prediction markets offering contracts linked to corporate earnings and business performance could face enforcement action over insider trading, fraud and market manipulation. Summary The SEC is monitoring prediction markets for…
Flare Joins XRPL Validator List as Anodos Finance Exits
Flare’s inclusion comes as it expands its DeFi services for XRP holders. The XRP Ledger Foundation has added Flare Networks to its recommended validator list, recognizing the project’s role in the network’s infrastructure. In a recent post on X,…
Elon Musk warns AI agents could exploit crypto after Binance hack
Elon Musk has warned that superintelligent AI agents could eventually exploit cryptocurrency systems to obtain money for themselves, following reports that the Binance hacker used stolen stablecoins to borrow millions of dollars in Ethereum. Summary Elon Musk warned that superintelligent…
Bitcoin Crashes to $76K, $1.5B Liquidated After Crypto’s Biggest Hack
Over 230,000 traders have been wrecked in the past 24 hours. Binance confirmed earlier today that it has become the latest victim of a major hack that, according to some other reports, has seen well over $6 billion drained…
Solana’s RWA Market Explodes 600% in a Year as Ethereum Struggles to Keep Up
Solana is rapidly closing the RWA gap with Ethereum as its tokenised market share grows from 4.5% to 26% in one year. Solana’s on-chain economy is growing beyond meme coins. In fact, a new report suggests that real-world assets…
Crypto Funds See 4th Week of Outflows, but XRP and SOL Shine: CoinShares Report
Four consecutive weeks of crypto fund outflows hit $3.74 billion, but altcoins outperform as US investors retreat from the market. Investment products linked to digital assets experienced their fourth consecutive week of outflows, recording $173 million and pushing cumulative…
Hayden Davis Resurfaces After LIBRA Crash, But His Latest Trades Are Deep in the Red
Bubblemaps found that Hayden Davis, who was involved with LIBRA and YZY tokens, has resumed on-chain trading, but recent Solana meme coin bets resulted in nearly $3 million losses. A year after Bubblemaps first detailed the on-chain mechanics behind…
Solana Growth Signals Hope Despite Woes
Data from Santiment shows new wallet creation rising even as prices slump, hinting network curiosity hasn’t faded with sentiment yet. The price of Solana’s native SOL token is near $84, after a steep, multi-month slide that erased nearly 67%…
SEC eyes enforcement action over prediction market insider trading
The U.S. Securities and Exchange Commission (SEC) has warned that prediction markets offering contracts linked to corporate earnings and business performance could face enforcement action over insider trading, fraud and market manipulation. Summary The SEC is monitoring prediction markets for…
Binance Hack Pinned on North Korea’s Lazarus Group by TRM Labs and ZachXBT
Key Takeaways TRM Labs and ZackXBT tied the Binance theft to North Korea’s Tradertraitor unit (part of the Lazarus Group) with high confidence. The attacker still holds over 420,000 ETH and 18,270 BTC, about $2.4 billion beyond issuer freezes. TRM…
Flare Joins XRPL Validator List as Anodos Finance Exits
Flare’s inclusion comes as it expands its DeFi services for XRP holders. The XRP Ledger Foundation has added Flare Networks to its recommended validator list, recognizing the project’s role in the network’s infrastructure. In a recent post on X,…
Elon Musk warns AI agents could exploit crypto after Binance hack
Elon Musk has warned that superintelligent AI agents could eventually exploit cryptocurrency systems to obtain money for themselves, following reports that the Binance hacker used stolen stablecoins to borrow millions of dollars in Ethereum. Summary Elon Musk warned that superintelligent…
London Metal Exchange Tokenizes Reserves to Unlock New Financing
Key Takeaways The London Metal Exchange plans to tokenize its off-warrant metal reserves to secure business financing. The move aims to boost Hong Kong’s digital commodity hub status, aligning with China’s five-year plan. The exchange might become one of the…
Bitcoin Crashes to $76K, $1.5B Liquidated After Crypto’s Biggest Hack
Over 230,000 traders have been wrecked in the past 24 hours. Binance confirmed earlier today that it has become the latest victim of a major hack that, according to some other reports, has seen well over $6 billion drained…
Backpack, SK Securities Partner to Offer Korean Equities Trading on Web3 App
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Web3 financial platform Backpack and publicly listed South Korean firm SK Securities announced a partnership Oct. 29 to offer Korean…
Bitcoin ETFs lose $255m over 30 days despite BlackRock inflows
U.S. spot Bitcoin ETFs have recorded $254.7 million in net outflows over the 30 calendar days through Oct. 26, even as BlackRock’s IBIT has attracted nearly $962 million during the same period. Summary Bitcoin ETFs lost $254.7 million over the…
Binance Releases First $6.3B Hack Findings, Reports No Key Leak Evidence
Key Takeaways Deposits and withdrawals were suspended during security checks. Binance said about $3 billion had been frozen onchain so far. The company pledged to cover losses with its user protection fund and corporate funds. Initial Findings Point to Possible…
These 3 Crypto Stocks Now Sit on Tech’s ‘Stealth’ Bear Market List
Coinbase fell further than Circle and Robinhood in the ranking, trailing only AppLovin and CoreWeave in its list. Three crypto-linked companies have appeared on a list of 20 tech stocks that have fallen hard from their recent peaks. The…