24/7 Blockchain industry dynamics and breaking crypto news
Michael Saylor advocates for U.S. banks to offer Bitcoin custody and collateralized loans, criticizing current Basel risk weights as overly restrictive. He calls for differentiated regulation and envisions a $100 trillion digital asset ecosystem driven by AI agent economies requiring always-on, software-native money.
Read MoreMantle's tokenized assets grew from 71 to 1,473 types this year, a 20x increase, with distributed asset value reaching $476 million. The surge is driven by expanded offerings like tokenized stocks and yield-bearing assets, reflecting a strategic pivot towards asset distribution.
Read MoreTHORChain's daily revenue recently surged to a near five-month high of approximately $381,700, accompanied by strong trading volume. This indicates robust on-chain activity and growing demand for its cross-chain liquidity model amid current market conditions.
Read MoreOn-chain analytics reveal a mysterious address has accumulated 9,158 ETH worth roughly $24.34 million over three weeks. Employing a buy-the-dip strategy with an average entry of $2,658, the whale currently holds an unrealized profit of approximately $363,000, drawing significant market attention.
Read MoreShiba Inu's token burn activity has surged dramatically. Over 15.16 million SHIB were permanently removed from circulation in the past 24 hours, representing a 657% increase in daily burn rate. A single transaction accounted for 3.88 million SHIB destroyed, marking a sharp reversal from earlier in the week and potentially impacting circulating supply.
Read MoreA US appeals court ruled states can regulate Kalshi's sports prediction contracts under gambling laws, rejecting its claim they are CFTC-regulated swaps. The decision deepens a split among circuit courts, making a Supreme Court appeal likely to resolve federal vs. state jurisdiction over prediction markets.
Read MorePresident Trump suggested the U.S. and Cuba could reach a deal without military force. Cuba's foreign minister condemned the U.S. embargo as 'collective punishment' at the UN but expressed readiness for dialogue. The U.S. has intensified economic pressure, including an oil blockade, shifting focus towards sanctions over military action.
Read MoreStrategy seeks shareholder approval to switch dividend record dates for four preferred securities to a daily basis, replacing current monthly or quarterly schedules. The proposal, already board-approved and filed with the SEC, goes to a vote on October 28. The change alters payment frequency only, not total dividend obligations.
Read MoreCuban Foreign Minister Bruno Rodríguez condemned the decades-long US blockade as 'collective punishment' aimed at creating a humanitarian crisis in Cuba during the UN General Assembly. He dismissed US claims of a Cuban threat as baseless and expressed readiness for dialogue based on equality.
Read MoreEthereum has broken through the key $2,700 resistance level, currently trading around $2,703 with a 0.37% daily gain. Increased market volatility prompts experts to advise caution and robust risk management strategies for investors.
Read MoreBitcoin has surged past $84,500, marking a 0.57% daily gain amid heightened market volatility. This analysis explores the driving forces behind the rally and provides essential risk management guidance for navigating turbulent conditions.
Read MoreSouth Korea's excess tax revenue this year is projected to exceed 50 trillion won, fueled by a stronger-than-expected semiconductor cycle. This windfall, boosting the 'Future Response Fund', will primarily finance strategic investments in AI, chips, and youth development while limiting bond issuance and building fiscal buffers.
Read MorePayward Services has opened non-binding interest registration for Oura's anticipated IPO via the xStocks ecosystem. Eligible Kraken users and partner clients across 110+ countries can pre-register ahead of the Nasdaq listing, with potential exposure through the tokenized product OURAx post-launch.
Read MoreOn-chain analyst EmberCN reveals over 90% of funds crossing THORChain are illicit. The protocol allegedly chooses not to restrict this flow for profit, earning nearly $10M in fees from stolen exchange funds in just 10 days, highlighting a stark conflict between DeFi ideals and financial incentives.
Read MoreSolana co-founder Anatoly Yakovenko teased the community with a cryptic 'you're not ready' message, hinting at the upcoming 'Alpenglow' consensus protocol upgrade. Successfully deployed on devnet, it aims to slash transaction finality from ~12.8 seconds down to 100-150 milliseconds, potentially redefining blockchain performance.
Read More