NFT sales reached $39.85 million over the seven days to Oct. 10, up 0.90% from the previous week, as Ethereum retained its blockchain lead and Pudgy Penguins sales more than doubled. Summary $39.85 million in weekly NFT sales marked a 0.90% increase from the previous seven days. Buyer addresses fell 85.33%, while NFT transactions declined…
Clearpool holders approved an expansion to the XRP Ripple Ledger with 97% support, backing a one-for-one conversion from CPOOL to the new CLEAR token. But the institutional credit product tied to the move lends and repays in RLUSD, not XRP-a distinction that could lift activity on the ledger without creating much direct demand for XRP….
The company has launched an investigation into potentially tens of millions of dollars in crypt theft linked to hardware wallet purchased through CryptoBilis. On-chain researchers estimate that somewhere between $72 million and $86 million may have been stolen, as Ledger begins investigating reports of these major crypto losses from users who bought hardware wallets…
The XRP Ledger has activated its Batch feature on mainnet with support from 30 validators, allowing users to bundle between two and eight transactions into one operation. Summary 30 validators backed BatchV1_1, while five opposed it, according to XRPScan figures cited in the report. Batch offers four execution modes, including a setting that makes all…
UK crypto rules are entering a new phase. HM Revenue and Customs (HMRC) is proposing to extend its information-gathering powers to cryptoasset businesses and to change the rules on access to computer records and software. Critics warn that linking names, home addresses, and tax identifiers to Bitcoin addresses could expose a lasting history of public…
Bitcoin’s MVRV reading is 0.20, while NUPL has returned to positive territory, suggesting aggregate investor profits have improved. Bitcoin’s on-chain regime model from BIT has returned to a 67% net-long position for a second consecutive month, with five indicators now in territory historically associated with bull markets. The reading suggests a potential recovery in…
U.S. Treasury Secretary Scott Bessent has said authorities have located about $1 billion in Iran-linked cryptocurrency that they could seize this week as Washington presses ahead with financial restrictions against Tehran. Summary Bessent said U.S. authorities could seize $1 billion in Iran-linked cryptocurrency during the week. Treasury sanctioned 17 vessels on Oct. 8 over alleged…
BTC USD fell -1.5% to $82,700 by 02:13 ET (06:13 GMT) on Thursday, October 8, after briefly touching $82,300.50, its lowest level in nearly three weeks. The decline came as rising oil prices, Middle East tensions, and surging Treasury yields weakened appetite for risk assets, underscoring that a recovery narrative does not insulate crypto from…
The UK’s package also named 17 people and firms that import machine tools, electronics and material used in ballistic missiles and drones. The UK sanctioned crypto payment processors Cryptomus and Heleket and Kyrgyzstani exchange TokenSpot on October 8, after blockchain analytics firm Chainalysis linked the services to illicit financial flows and networks associated with…
Former Celsius CEO Alex Mashinsky has agreed to a lifetime ban from the cryptocurrency, securities, and commodities industries under a New York settlement carrying up to $35 million in conditional payments. Summary The New York agreement ties $35 million in potential payments to forfeiture and prison conditions. Mashinsky must forfeit another $10 million federally or…
