Found 6933 news
Key factors, such as Bitcoin dominance, liquidity shifts, market cycles and investor sentiment, drive altcoin season. Altcoin season, often called “altseason,” occurs when a significant portion of altcoins, cryptocurrencies other than Bitcoin, experience rapid price increases that outpace Bitcoin’s performance. This period is characterized by a shift of investor capital from Bitcoin (BTC) into assets such as Ether (ETH), Solana (SOL), Cardano (ADA) and even smaller tokens like Dogecoin (DOGE) or Pudgy Penguins (PENGU). Read more
The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency. Almost a year into the second term of US President Donald Trump, the Commodity Futures Trading Commission (CFTC) still doesn’t have a permanent head. Former CFTC Commissioner Brian Quintenz was Trump’s top choice for the role. A confirmation vote was expected by the end of July but was stalled at the request of the White House. Reportedly, the Winklevoss brothers didn’t want Quintenz as chair because he wouldn’t sufficiently protect the cryptocurrency industry. So, who will it be? In recent weeks, several different names have appeared as possible candidates, including former commissioners and policy experts. The White House has not confirmed its choice, but some names have been floated by insiders. Read more
US President Donald Trump’s son Eric told the New York Post that stablecoins could “save the US dollar,” and defended his family’s crypto ventures. Eric Trump, son of US President Donald Trump and a businessman with several crypto ventures, said stablecoins could preserve the US dollar’s strength. In an interview with The New York Post published Friday, Eric Trump said he is convinced stablecoins will “save the US dollar.” He highlighted USD1, the stablecoin tied to the Trump family’s crypto project, World Liberty Financial, which has drawn scrutiny in Washington. When plans by World Liberty Financial (WLFI) — the Trump family-backed crypto project — were revealed in late March, critics raised conflict of interest concerns. Attorney Andrew Rossow told Cointelegraph at the time that the stablecoin is “a direct affront to constitutional safeguards meant to prevent conflicts of interest.” Read more
Since the peak of the Trump news-driven rally, Cronos has lost more than $6 billion, or nearly 50% of its market cap. Cronos, the native cryptocurrency of Crypto.com’s Cronos Chain, has faced significant selling pressure since the launch of the Trump Media Group CRO Strategy last month. On Aug. 26, Trump Media and Technology Group (TMTG), the operator of Truth Social and majority-owned by the Donald J. Trump Revocable Trust, announced a joint $6.4 billion Cronos (CRO) treasury. The announcement sparked an immediate 40% rally in CRO’s price. However, since then, the token has steadily declined, almost erasing those gains as CRO tumbled below $0.19 on Thursday, approaching pre-announcement levels, according to CoinGecko data. Read more
Decentralized digital communities can democratize AI governance through transparent, community-led frameworks that prioritize public good over profit. Opinion by: Jarrad Hope, co-founder of Logos As AI rapidly scales, humans are left at an ideological impasse on managing this new technology. Either choose to allow governments and companies to dominate how AI is trained and used to create policies that control our lives, or call for new governance models built with a foundation grounded in transparency, regeneration and public good. Network states, digital communities leveraging blockchain to form borderless societies, present a significantly improved approach to harmonizing AI with human well-being. With technology continually advancing the scope of digital augmentation, it’s essential to establish a new category of AI development administration focused on serving people, not power. Read more
With stablecoin rules taking shape and tokenized assets entering the market, blockchain’s foundation is being tested and layer-1s are proving their staying power. In 2025, the crypto industry is shifting from hype to utility. Stablecoin frameworks are taking shape, tokenized assets are entering mainstream markets, and artificial intelligence is beginning to transact on-chain. At the center of these changes, layer-1 blockchains are being redefined not as experiments, but as the infrastructure powering real-world adoption. “Layer-1s are still the backbone of the industry,” said Marc Vanlerberghe, chief strategy and marketing officer at the Algorand Foundation, on this week’s episode of Decentralize with Cointelegraph. Read more
Vesting NFTs jumped to the top of CryptoSlam’s daily sales chart on BNB Chain, highlighting demand for liquidity solutions in token lockups. Vesting NFTs surged to the top of data aggregator CryptoSlam's daily sales volume rankings on Friday, generating over $12.4 million on BNB Chain. The sharp spike placed the niche non-fungible tokens (NFTs) product ahead of legacy digital art collections like CryptoPunks and Pudgy Penguins, signaling that investors are showing interest in new forms of liquidity for vested tokens. The activity surge also made BNB Chain the top network for daily NFT sales with about $14 million, almost doubling Ethereum’s $7 million for the day. Read more
UK Finance launched a tokenized deposits pilot in partnership with six major banks, including Barclays, HSBC and Lloyds Banking Group. UK Finance, a trade association representing over 300 financial services firms in the United Kingdom, has launched a joint pilot project for tokenized sterling deposits (GBTD). The trade group began the pilot phase for the tokenized deposits project, which aims to provide a digital representation of traditional British pound commercial bank money, it announced on Friday. The pilot was launched in collaboration with six major banks operating in the UK, including Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide and Santander. Read more
Aster reimbursed traders after an XPL glitch caused liquidations, as its perpetual DEX drove daily trading volumes to a record of more than $100 billion. BNB Chain derivatives decentralized exchange (DEX) Aster completed reimbursements to traders hurt by a glitch in its Plasma (XPL) perpetual market that briefly drove prices above market levels. According to Abhishek Pawa, the CEO of Web3 agency AP Collective, the issue stemmed from a misconfigured index hard-coded at $1. With the mark price cap lifted before the fix, XPL futures on Aster spiked to nearly $4 while other venues remained $1.30. The sudden Friday price discrepancy triggered unexpected liquidations and abnormal fee charges, causing losses to users. However, the platform moved quickly, assuring its users that all funds were safe and promising to compensate them for any losses. Read more
AI threat detection and enhanced wallet management may save crypto firms from North Korean infiltrators, cybersecurity experts told Cointelegraph. Cryptocurrency companies need to strengthen defenses against North Korean hackers who are seeking jobs at major Web3 businesses to stage large-scale exploits, security experts told Cointelegraph. Hiring North Korean developers may open a crypto project’s infrastructure to the threat of hacks and data breaches similar to the Coinbase data breach in May, which exposed the wallet balances and physical locations of about 1% of the exchange’s monthly users, potentially costing the exchange up to $400 million in reimbursement expenses. To fight this growing threat, the industry needs to adopt enhanced wallet management standards, real-time AI monitoring for the early prevention of exploits and more secure employee vetting practices, crypto security experts told Cointelegraph. Read more
DBS Hong Kong CEO Sebastian Paredes warned that Hong Kong’s new stablecoin KYC and AML rules will largely block their use in onchain derivatives trading. Hong Kong’s stablecoin regulatory framework limits their use for derivatives trading on blockchain networks, according to Sebastian Paredes, CEO of DBS Hong Kong. According to a Friday report by local news outlet The Standard, Paredes said that Hong Kong regulations on stablecoin Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements will significantly restrict their use for onchain derivatives trading. He said the bank would monitor developments, but focus instead on building broader stablecoin capabilities in Hong Kong. His comments followed the rollout of Hong Kong’s new stablecoin rules on Aug. 1. The rules immediately criminalized the promotion of unlicensed stablecoins and established a public registry of authorized issuers. Read more
Ether price weakness over the past two weeks has resulted in the relative strength index flashing a potential bottom signal not seen since early April. Key takeaways: Ether’s “rare oversold” RSI, historically tied to major ETH price rallies, suggests a price reversal in the short-term. ETH traders say price must stay above the $3,800-$3,900 range to avoid more losses. Read more
World Liberty Financial will launch a WLFI token buyback and burn after a 41% price drop in September, aiming to cut supply and stabilize value. The Trump family-backed decentralized finance (DeFi) project World Liberty Financial will launch a token buyback and burn program this week after WLFI tokens lost 41% of their value in September. On Friday, World Liberty announced that its team will implement the token buyback and burn mechanism this week. The project said the initiative would be publicly disclosed, promising to share updates on each buyback and burn once they are conducted. Token buybacks and burning mechanisms are usually implemented to absorb selling pressure when prices drop. Buybacks are when companies repurchase their tokens, while burning sends the tokens to an unusable address. The mechanisms essentially lower the amount of tokens circulating in the market. Read more
SOL price fell to $192 on Thursday, but an upcoming ETF decision could kickstart institutional investor demand and reset Solana’s price momentum. Key takeaways: Solana fell to $192 on Thursday, erasing its entire rally to $253 in under a week. A spot ETF ruling on Oct. 10 could unlock deeper institutional flows. Read more
Avalanche inks a deal to tokenize South Korean financial giant’s ETFs, Hong Kong hits back at yuan stablecoin ‘fake news.’ Asia Express. Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to tokenize fund products and build onchain asset management and settlement systems. Mirae Asset Group is one of South Koreas largest independent asset managers. The total assets under management (AUM) in the groups umbrella are estimated at 1.024 quadrillion Korean won (over $730 billion). Mirae Asset Global Investments, which handles the groups overseas investments, as the name suggests, contributes 430 trillion won (about $306 billion). The global investment arm is also a top 12 exchange-traded fund issuer in the world based on estimated revenue, and 15th by AUM, as of Thursday, according to data from ETFdb. Read more
Avalanche inks a deal to tokenize South Korean financial giant’s ETFs, Hong Kong hits back at yuan stablecoin ‘fake news.’ Asia Express. Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to tokenize fund products and build onchain asset management and settlement systems. Mirae Asset Group is one of South Koreas largest independent asset managers. The total assets under management (AUM) in the groups umbrella are estimated at 1.024 quadrillion Korean won (over $730 billion). Mirae Asset Global Investments, which handles the groups overseas investments, as the name suggests, contributes 430 trillion won (about $306 billion). The global investment arm is also a top 12 exchange-traded fund issuer in the world based on estimated revenue, and 15th by AUM, as of Thursday, according to data from ETFdb. Read more
Avalanche inks a deal to tokenize South Korean financial giant’s ETFs, Hong Kong hits back at yuan stablecoin ‘fake news.’ Asia Express. Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to tokenize fund products and build onchain asset management and settlement systems. Mirae Asset Group is one of South Koreas largest independent asset managers. The total assets under management (AUM) in the groups umbrella are estimated at 1.024 quadrillion Korean won (over $730 billion). Mirae Asset Global Investments, which handles the groups overseas investments, as the name suggests, contributes 430 trillion won (about $306 billion). The global investment arm is also a top 12 exchange-traded fund issuer in the world based on estimated revenue, and 15th by AUM, as of Thursday, according to data from ETFdb. Read more
Avalanche inks a deal to tokenize South Korean financial giant’s ETFs, Hong Kong hits back at yuan stablecoin ‘fake news.’ Asia Express. Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to tokenize fund products and build onchain asset management and settlement systems. Mirae Asset Group is one of South Koreas largest independent asset managers. The total assets under management (AUM) in the groups umbrella are estimated at 1.024 quadrillion Korean won (over $730 billion). Mirae Asset Global Investments, which handles the groups overseas investments, as the name suggests, contributes 430 trillion won (about $306 billion). The global investment arm is also a top 12 exchange-traded fund issuer in the world based on estimated revenue, and 15th by AUM, as of Thursday, according to data from ETFdb. Read more
Avalanche inks a deal to tokenize South Korean financial giant’s ETFs, Hong Kong hits back at yuan stablecoin ‘fake news.’ Asia Express. Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to tokenize fund products and build onchain asset management and settlement systems. Mirae Asset Group is one of South Koreas largest independent asset managers. The total assets under management (AUM) in the groups umbrella are estimated at 1.024 quadrillion Korean won (over $730 billion). Mirae Asset Global Investments, which handles the groups overseas investments, as the name suggests, contributes 430 trillion won (about $306 billion). The global investment arm is also a top 12 exchange-traded fund issuer in the world based on estimated revenue, and 15th by AUM, as of Thursday, according to data from ETFdb. Read more
Avalanche inks a deal to tokenize South Korean financial giant’s ETFs, Hong Kong hits back at yuan stablecoin ‘fake news.’ Asia Express. Mirae Asset Global Investments has signed a memorandum of understanding with Ava Labs, the developer of the Avalanche blockchain, to tokenize fund products and build onchain asset management and settlement systems. Mirae Asset Group is one of South Koreas largest independent asset managers. The total assets under management (AUM) in the groups umbrella are estimated at 1.024 quadrillion Korean won (over $730 billion). Mirae Asset Global Investments, which handles the groups overseas investments, as the name suggests, contributes 430 trillion won (about $306 billion). The global investment arm is also a top 12 exchange-traded fund issuer in the world based on estimated revenue, and 15th by AUM, as of Thursday, according to data from ETFdb. Read more6933 items