24/7 Blockchain industry dynamics and breaking crypto news
At the OKX NOW event in Singapore, Founder Star outlined the platform's evolution from a crypto exchange to a global fintech hub. The strategy focuses on four pillars: asset holding, payments, investment, and wealth management, merging crypto innovation with traditional finance and deeply integrating AI to deliver next-generation financial services.
Read MoreOn-chain data reveals a single wallet has steadily accumulated over $13 million worth of HYPE tokens via Coinbase Prime in the past month, including a recent $5.13 million purchase. This significant and consistent capital inflow highlights strong institutional or whale interest in the asset.
Read MoreBinance founder Changpeng Zhao challenges Forbes' $114 billion net worth estimate, revealing his actual assets range between $10-30 billion. He discusses his early Bitcoin investment rationale, stablecoin views, and corporate governance, stating wealth beyond necessities has diminishing returns on life quality.
Read MorePayward, parent company of a major crypto exchange, partners with Bahrain-regulated Singapore Gulf Bank (SGB). The integration grants select Asian and Gulf institutional clients 24/7 instant USD settlement via SGB's real-time network, with plans to expand. This deepens ties between traditional finance and crypto infrastructure.
Read MoreZhipu AI's large model GLM-5.3 is now available on AWS Bedrock, with revenue sharing based on usage. This marks a key step in its global commercialization, as the model's revenue-sharing partnerships extend to multiple cloud platforms worldwide.
Read MorePolymarket has launched its V2 prediction market protocol, featuring a unified ERC1155 position contract and pUSD collateral. This streamlined architecture simplifies market creation and management, supports multiple market types, integrates cross-chain capabilities, and has undergone rigorous security audits.
Read MoreA new US bill seeks to ban federal candidates from trading prediction market contracts tied to their own elections. Violators face fines of at least $10,000 or triple their profits. The move follows a recent case where a candidate was penalized for similar activity.
Read MoreMorgan Stanley's Bitcoin ETF (MSBT) now holds approximately 10,519 BTC, valued at around $904 million. Launched in April, the fund is nearing the $1 billion milestone and has consistently accumulated BTC during market volatility without selling.
Read MoreVivek Ramaswamy's crypto advocacy is notably subdued in his Ohio governor campaign, contrasting his strong pro-Bitcoin stance in the 2024 presidential race. Local voter skepticism and data center controversies are cited as reasons for this strategic shift, despite his significant personal crypto holdings and campaign's acceptance of digital asset donations.
Read MoreCrypto-backed PAC Fairshake, funded by Coinbase and Ripple, will support 32 House candidates in 2026 who voted for the CLARITY Act. With $122M in reserves, it plans $100M+ in campaign ads, starting with $6M for six bipartisan incumbents, aiming to build Congress's largest pro-crypto bloc.
Read MoreDeFi Development's preliminary Q3 report shows net asset value per share more than doubled since August, with SOL holdings reaching approximately 2.56 million tokens. The company established a $300 million funding program to continue accumulating SOL, as confirmed by its CEO. The report highlights accelerated crypto asset deployment despite broader market pressures.
Read MoreThe CFTC has granted temporary relief, permitting designated contract markets to convert certain existing contracts into true perpetual futures without expiration dates. Exchanges must obtain consent from open position holders and provide risk disclosures before conversion. The relief is valid until October 20.
Read MoreOctober 6th saw key crypto developments. Russia's central bank opened registration for crypto exchanges and custodians. The U.S. Treasury withdrew a proposed monitoring rule for non-custodial wallets and certain transactions. S&P Global launched DeFi lending vault ratings, while HIVE repurposed mining sites for AI, securing a major contract.
Read MoreElon Musk's net worth has surged back above $1 trillion, driven by a powerful rebound in SpaceX and Tesla shares. This dramatic recovery highlights renewed market optimism about the growth potential of space exploration and AI technologies.
Read MoreOn-chain data reveals GMGN transferred 11,999.5 ETH to Coinbase's batch staking address 6 hours ago. This follows a recent deposit of $16.38M worth of ETH to an exchange, suggesting a potential shift in asset strategy.
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