Nine companies have formally objected to plans by OKXICE to offer tokenized versions of their shares, preventing the proposed trading platform from listing those securities under a new U.S. regulatory exemption. Summary Nine companies have objected to tokenized trading of their shares on OKXICE’s proposed U.S. platform. Broadcom, CoreWeave, Verizon and UnitedHealth appear among the…
Calls for a “Black Monday” are going viral online, so is this the calm before the major storm? The typical weekend sluggishness was briefly disrupted over the past several hours, with BTC dipping by a grand before rebounding just as quickly in what appeared to be a flash crash. The altcoins followed suit, many…
On-chain investigators have identified additional suspected stolen cryptocurrency moving into Zcash (ZEC), with funds reportedly linked to three separate security incidents involving Bitget, Cryptobills Ledger and Triple-A. Summary On-chain investigator Specter linked alleged stolen funds from three security incidents to Zcash transactions recently. ZachXBT traced approximately 2,700 ZEC into Zcash’s Ironwood shielded pool following the…
The past week delivered a striking contrast for Ripple and its native cryptocurrency. It was a packed week for Ripple and XRP, with Evernorth making its long-anticipated Nasdaq debut after a major merger, Standard Chartered and Cross River expanding RLUSD access, and Ripple Prime pushing further into Wall Street. None of those developments helped…
Stablecoin remittances have shown a cost gap of roughly 84% against traditional transfers in a comparison attributed to Borderless.xyz, with a $200 payment costing $2 through stablecoin-funded routes versus $12.72 using an older World Bank benchmark. Summary Stablecoin-funded remittances cost $2 per $200 transfer in Borderless’s reported comparison, roughly 84% below traditional costs. The comparison…
The cryptocurrency market returned to the green track today (October 16), with numerous leading digital assets posting substantial rebounds. However, the day’s top performer isn’t Bitcoin (BTC) or Ethereum (ETH), but the altcoin Injective (INJ), which pumped by 27%. Here’s what triggered the rally and what may come next. Catalysts and Predictions Just hours ago,…
In this week’s edition of the weekly recap, Bitcoin has briefly fallen below $80,000, Ledger has tightened reseller rules after a hardware implant attack, and MSCI has adopted index eligibility changes affecting digital asset treasury companies. Summary Bitcoin recovered above $82,000 on Friday after briefly trading below $80,000 during Thursday’s selloff. Ledger restricted reseller sales…
“TAO has probably the biggest compression in crypto right now,” one popular X user stated. The popular altcoin has surpassed $285 after posting a double-digit daily increase, sparking optimism that its rally could continue in the near term. Some forecasts are highly bullish and even implausible (at least for now). Just the Beginning? TAO…
Crypto and blockchain projects have announced at least $51.4 million across six disclosed financings during Oct. 10–16, led by Sui Foundation’s $30 million strategic investment in DATA Network. Summary Six disclosed financings totaled $51.4 million during the Oct. 10–16 reporting period. Sui Foundation announced a $30 million strategic investment as DATA Network prepares to migrate….
NFT sales have climbed 24.57% to $47.14 million over the past seven days, with Ethereum retaining first place among blockchains and a $2.97 million Bitcoin transaction leading individual sales. Summary $47.14 million in weekly NFT sales represented a 24.57% gain over the preceding seven days. Buyer addresses rose 252.23% to 107,061, while transactions fell 32.35%…
