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New surveys by Visa and CoinShares reveal growing stablecoin payment interest in APAC, with nearly half considering use within five years. Wealthy investors in the US and Europe already hold significant crypto allocations, overwhelmingly in Bitcoin, with most planning to increase exposure.
Read MoreExecutives from three French crypto firms propose directly taxing conversions between cryptocurrencies and stablecoins, arguing current rules create tax loopholes and hinder infrastructure. The suggestion sparks debate, with concerns it may drive users to unregulated stablecoins like USDT, but significant changes to France's existing tax system are not anticipated.
Read MoreJapanese-listed Metaplanet revises its capital strategy, allocating 85%-90% of total assets to Bitcoin. It establishes a 10%-15% strategic investment fund and launches a net interest income plan, while holding 44,000 BTC.
Read MoreThe world's top tech billionaires added a record $845 billion in wealth in the first nine months, driven by the AI boom and soaring tech stocks. U.S. tech giants dominated the gains, highlighting a stark wealth divide between the tech sector and others.
Read MoreApproximately 2.75 billion USDC stablecoins were minted on the Solana blockchain over the past week, according to on-chain data. This significant issuance highlights growing liquidity demand and USDC's expanding role within the Solana ecosystem.
Read MoreThe Trump administration is preparing to ease usage restrictions on tax-exempt "red-dyed diesel," according to sources. This move aims to reduce fuel costs ahead of the midterm elections, with full details expected to be announced soon. The policy could impact industries like agriculture and construction.
Read MoreBitmine Immersion Technologies discloses a $17.4 billion crypto portfolio, holding over 6 million ETH—4.9% of total supply. The firm's ongoing accumulation and staking strategy highlights institutional crypto asset management trends.
Read MoreYemeni government forces announced on October 5th the recapture of the strategic Red Sea port city of Al-Mokha in Taiz province from Houthi rebels after intense fighting. This marks a significant advance for government troops in a crucial location, potentially impacting maritime routes and supply lines in the southern Red Sea.
Read MoreOpenAI will roll out text watermarking for ChatGPT users in the EU within weeks, with API options for select models. This update enhances traceability and transparency for AI-generated content.
Read MoreThe U.S. CFTC has proposed its first set of rules for the cryptocurrency market, aiming to foster innovation while protecting investors. This move shifts federal oversight from reactive enforcement to proactive rulemaking.
Read MoreA company is proposing to pay daily dividends on its US-listed preferred shares for each calendar day, including weekends and holidays, with payment the next business day. The move aims to reduce reinvestment lag and enhance liquidity. Shareholders are currently voting on the proposal.
Read MoreUniswap founder Hayden Adams announced that a tokenized securities project will launch using Uniswap v4 Hooks. This custom liquidity pool feature, deployed on X Layer, will facilitate tokenized U.S. stock trading via a permissioned AMM, accessible only to wallets holding specific Soulbound Tokens (SBTs).
Read MoreOn-chain investigator ZachXBT details his undercover infiltration of a major organized crime money laundering network. Posing as a client, he established trust to gather actionable intelligence, leading to the freezing of millions linked to major exchange hacks like Bybit and aiding law enforcement.
Read MoreBitmine added 15,112 ETH last week, bringing its total holdings to 6,016,414 ETH. A striking 84% of this stash is now staked, generating an estimated $431 million in annualized rewards. Analysts highlight ETH's strong outperformance despite recent macroeconomic headwinds.
Read MoreGlobal tech billionaires added $845 billion in wealth this year through September, hitting a record $4.6 trillion total, fueled by AI frenzy and soaring US tech stocks. Non-tech billionaires lost $62 billion. Elon Musk alone gained $310 billion, accounting for 40% of the overall increase.
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