Found 8149 news
Halving math, shielded growth and NU6.1 governance turned Zcash from a low-profile relic into November’s most-searched crypto. Zcash surged more than 10x within weeks, briefly returning to large-cap territory with a valuation above $10 billion. On Coinbase, ZEC became the most-searched asset in mid-November, surpassing both Bitcoin and XRP. The rally is supported by several real shifts: the 2024 halving, rising shielded balances and the NU6.1 holder-controlled funding model. Read more
The addition of Fordefi’s MPC wallet infrastructure broadens Paxos’ regulated capabilities for custody, tokenization and institutional onchain operations. Blockchain infrastructure company Paxos has acquired Fordefi, a New York-based institutional crypto wallet and custody technology startup. Paxos said the deal brings its regulated custody infrastructure together with Fordefi’s multi-party computation (MPC) wallet technology and decentralized finance integrations, providing institutions with a single platform to issue stablecoins, tokenize assets, and manage onchain transactions. While transaction terms were not disclosed in today’s announcement, a Paxos spokesperson told Fortune the deal was worth more than $100 million. Read more
The approval came as the US Senate is expected to soon vote on prospective CFTC Chair Michael Selig as a replacement for acting chair Caroline Pham. Prediction platform Polymarket has received regulatory approval from the US Commodity Futures Trading Commission to operate an intermediated trading platform. In a Tuesday notice, Polymarket said the CFTC issued an Amended Order of Designation, which will allow the company to “operate an intermediated trading platform subject to the full set of requirements applicable to federally regulated US exchanges.” According to Polymarket, the approval will result in the platform onboarding brokerages and customers directly and facilitating trading on US venues. “This approval allows us to operate in a way that reflects the maturity and transparency that the US regulatory framework demands,” said Polymarket founder and CEO Shayne Coplan. Read more
Negative Bitcoin funding rates and large short liquidity zones could be a sign that a short-squeeze to $90,000 and higher could be on the cards. Bitcoin’s (BTC) recovery from last week’s deep correction is beginning to solidify, with the price pushing back toward the $87,000 to $90,000 zone after sliding from $106,000 to $80,600 in just 10 days. The rebound has revived discussions about whether BTC has reached a local bottom, even as a key whale cohort continued to offload its supply. Key takeaways: Read more
New SEC rules could reshape the crypto ETF landscape by speeding up approvals, reducing the shutdown backlog and giving issuers a clearer and faster path to market. The SEC introduced new post-shutdown guidelines that explain how registration statements, including crypto ETF filings, progress through Sections 8(a) and 461 of the Securities Act. Generic listing standards approved in September 2025 removed the need for individual 19(b) approvals for qualifying crypto ETPs. The government shutdown created a backlog of more than 900 filings, pushing issuers to rely on the automatic 20-day effectiveness mechanism under Section 8(a). Read more
The EU-licensed digital bank becomes the first financial institution to issue a token on Stripe and Paradigm’s layer-1 blockchain Tempo. Payments company Klarna has launched a stablecoin, becoming the first digital bank to issue a token on Tempo, the new layer-1 blockchain developed by Stripe and Paradigm. According to Tuesday’s announcement, the new stablecoin is pegged to the US dollar and is currently live on Tempo’s testnet, with an upcoming mainnet launch set for 2026. Called KlarnaUSD, the stablecoin was built by Bridge, a stablecoin infrastructure provider also owned by Stripe. The move expands Klarna’s long-standing payments partnership with Stripe across its 26 global markets. Read more
One analyst found that 40% of Bitcoin is held at a loss, while ETH and SOL data currently stand at 40% and 75% respectively. Should investors be worried? Recent data from Glassnode showed Bitcoin (BTC), Ether (ETH), and Solana (SOL) reflecting record high levels of their supply held at a loss. However, a closer examination of the locked supply, institutional holdings, and staking structures revealed that the effective liquid supply under pressure is significantly lower than the implied percentages, especially for Ether and Solana. Key takeaways: Read more
The regulatory approval followed the payments company obtaining a BitLicense from the NYDFS in June, making it one of a handful of crypto companies to have both. Cryptocurrency payments company MoonPay said it would expand its offering of regulated services after being granted a trust charter by New York’s Department of Financial Services (NYDFS). In a Tuesday notice, MoonPay said New York’s financial regulator had granted the company a trust charter. The regulatory approval will allow the payments company to provide crypto custody and over-the-counter trading services in New York. MoonPay co-founder and CEO Ivan Soto-Wright said the approval would allow the company to “deepen relationships with global financial institutions,” and expand its existing regulated services. The payments company secured a BitLicense from the NYDFS in June. Read more
Standard Chartered will provide digital asset custody for 21Shares, signaling deeper TradFi expansion into crypto and raising questions about Zodia Custody’s future role. Major bank Standard Chartered announced fund manager 21Shares has selected it as its digital asset custodian, potentially moving away from a crypto-native partner. According to a Monday announcement from Standard Chartered shared with Cointelegraph, the bank will provide crypto custody services to 21Shares, which offers multiple exchange-traded crypto products. Margaret Harwood-Jones, the bank’s global head of financing and securities services, said the collaboration allows them to “to extend our expertise into the fast-evolving digital asset ecosystem.” However, 21Shares already had a crypto-native custody partner. In late June 2024, the fund manager partnered with crypto-native custodian Zodia Custody to hold its assets. Zodia Custody was co-founded by Standard Chartered in 2020 and operated as a wholly owned subsidiary, indicating that th...
How a 100 Bitcoin scam, World of Warcraft and a tour of China with Vitalik Buterin led Louis Vuitton’s IT guy Sunny Lu to create VeChain. VeChain founder and CEO Sunny Lus first experience buying Bitcoin is the kind of moment that sticks with you for life, but not in the way most Bitcoin OGs would hope. The first encounter with Bitcoin, I got scammed in 2012, Lu tells Magazine. The timing couldnt have been worse. Lu desperately needed that Bitcoin to solve an urgent crisis in his life. Read more
How a 100 Bitcoin scam, World of Warcraft and a tour of China with Vitalik Buterin led Louis Vuitton’s IT guy Sunny Lu to create VeChain. VeChain founder and CEO Sunny Lus first experience buying Bitcoin is the kind of moment that sticks with you for life, but not in the way most Bitcoin OGs would hope. The first encounter with Bitcoin, I got scammed in 2012, Lu tells Magazine. The timing couldnt have been worse. Lu desperately needed that Bitcoin to solve an urgent crisis in his life. Read more
Regulators and the Bank of Korea remain at odds over bank dominance in issuing won-backed stablecoins, stalling a long-awaited framework expected this year. South Korea is likely to end the year without a framework for locally issued stablecoins, amid ongoing disputes over the role of banks in stablecoin issuance. The country’s central bank, the Bank of Korea (BOK), and other financial regulators have clashed over the extent of banks’ involvement in issuing Korean won-backed stablecoins, delaying a framework widely expected to arrive in late 2025, the Korea JoongAng Daily reported Tuesday. According to the BOK, a consortium of banks should own at least 51% of any stablecoin issuer seeking regulatory approval in South Korea, while regulators are more open to the involvement of diverse industry players. Read more
A former lawyer for Coinbase, Khurram Dara, has thrown his hat in the race for New York attorney general. But incumbent Letitia James has a strong foothold, and a Republican hasn't won in 30 years. A former policy lawyer at crypto exchange Coinbase is running for attorney general of New York. His bid to represent the crypto industry’s interests runs against a strong Democratic bias and concerns over industry influence in policymaking. Khurram Dara, who also worked as a regulatory and policy principal at Bain Capital Crypto, announced his campaign on Nov. 21. In a video accompanying his post on X, Dara said he wants to stop the supposed “lawfare” that current Attorney General (AG) Letitia James is waging against the crypto industry. Dara said that the reportedly unfair treatment of the industry drives up costs for New Yorkers. New York City Mayor-elect Zohran Mamdani recently won his election with a focus on cost-of-living issues. Read more
Diversification has become the top driver for crypto investment in 2025, with rising ETF demand and lingering regulatory gaps shaping investor behavior. Portfolio diversification has overtaken the pursuit of the “crypto megatrend” as the top reason for investing in crypto in 2025, according to Sygnum Bank’s new Future Finance Report 2025. According to the report, 57% of respondents now view diversification as their primary motivation for investing. This surpassed last year’s top driver, exposure to crypto’s long-term upside, which fell from 62% to 53%. “This could indicate that crypto is now being used more deliberately as a core portfolio component, with its perceived diversification benefits taking precedence over chasing pure upside potential,” Sygnum wrote. Read more
Bitcoin saw one of its largest supply migrations ever as traders braced for the US Federal Reserve’s December rate decision and shifting expectations toward a rate cut. A historic shift in Bitcoin ownership unfolded during the latest market downturn, while the broader crypto market remained tied to uncertainty over a possible US Federal Reserve rate cut in December. Over 8% of the total Bitcoin (BTC) supply changed hands in the past seven days, making the current market decline “one of the most significant onchain events” in Bitcoin history, according to Joe Burnett, analyst and director of Bitcoin Strategy at Semler Scientific. During previous significant Bitcoin supply movements, Bitcoin traded at about $5,000 in March 2020 and around $3,500 in December 2018, said Burnett in a Tuesday X post. Read more
The Bitcoin CME gaps appear when futures reopen after weekend moves. Understand why they form, how often they fill and what they mean for BTC’s price action. The Chicago Mercantile Exchange (CME) gap appears when the price of Bitcoin (BTC) changes between Friday’s closing price and Monday’s opening price on the CME Bitcoin futures market. Price movement over the weekend, when no CME trading takes place, creates a disconnect on the chart. These gaps often draw attention because they tend to be filled once the market reopens. Let’s look at an example. If BTC closes at $109,880 on the CME on Friday evening and the price rallies over the weekend, the market might reopen on Monday at $110,380. That creates a $500 gap. Read more
DeFi Development Corp became the first Solana treasury to support SIMD-0411, a proposal to speed up emissions cuts as corporate holders face losses. Solana Digital Asset Treasury (DAT) DeFi Development Corp. (DFDV) expressed its support for a sweeping proposal aimed at accelerating the network’s disinflation schedule. On Tuesday, DFDV became the first Solana treasury to publicly endorse Solana Improvement Document (SIMD)-0411, a proposal to double Solana's annual disinflation rate from 15% to 30%, thereby reducing projected future emissions by over 22 million SOL over the next six years. “This proposal may come as a surprise to some, but its timing makes sense,” DFDV wrote. “The ecosystem has grown increasingly vocal about Solana’s current inflation schedule and its impact on SOL’s price.” Read more
VanEck’s amended BNB ETF filing scraps all staking plans, unlike its Solana product, explicitly distancing itself from BNB staking amid regulatory risk. Asset manager VanEck backed away from its earlier plans to stake assets in its proposed spot BNB exchange-traded fund, despite offering staking in its recently launched Solana product. In its updated S-1 filing to the US Securities and Exchange Commission (SEC) on Friday, VanEck said “the Trust will not employ its BNB in Staking Activities and accordingly will not earn any form of staking rewards or income of any kind from Staking Activities” at the time of listing. The filing further warns that “there can be no assurance that the Trust will engage in any Staking Activities” in the future, either. The company acknowledged that avoiding staking could cause the ETF’s performance to lag that of holding BNB (BNB) directly, noting that investors would forgo potential staking rewards. Read more
XRP is rebounding strongly from $2, with multiple indicators suggesting upside toward $3.30–$3.50 is possible in the coming weeks. XRP (XRP) has rebounded nearly 25% from the $2 psychological level in the past week, with tailwinds from strong daily ETF inflows exceeding $164 million following the launch of Grayscale's GXRP and Franklin Templeton’s XRPZ. Key takeaways: XRP stays bullish above $2, with chart technicals pointing toward $3.30–$3.50. Read more
The fresh debt draw shows how Metaplanet is using both debt and preferred equity to accelerate Bitcoin purchases and income-generation strategies. Tokyo-listed Bitcoin treasury company Metaplanet has drawn another $130 million in Bitcoin-backed credit, expanding its use of collateralized borrowing to accelerate BTC purchases, income-generation strategies and potential share buybacks. On Tuesday, Metaplanet disclosed it executed the loan on Friday under a previously announced credit facility. The borrowing forms part of the company’s $500 million credit line, which allows it to raise short-term liquidity using its Bitcoin (BTC) as collateral. With the fresh capital, the company has now drawn $230 million in cumulative loans from the facility, up from the $100 million disclosed for an earlier Oct. 31 credit pull. Read more8149 items