Crypto

The majority of wealthy investors surveyed in Hong Kong plan to buy crypto this year, Japan to allow banks to hold Bitcoin. Asia Express. Standard Chartered Hong Kong will reportedly launch trading services for crypto exchange-traded funds (ETFs) in November. According to the banks wealthy clients study cited by local newspaper Ming Pao, nearly 80% plan to invest in digital assets within the next year, while more than 30% already hold some form of crypto exposure.  The survey covered over 500 respondents with at least 1 million Hong Kong dollars (about $128,650) in liquid assets. Read more

The majority of wealthy investors surveyed in Hong Kong plan to buy crypto this year, Japan to allow banks to hold Bitcoin. Asia Express. Standard Chartered Hong Kong will reportedly launch trading services for crypto exchange-traded funds (ETFs) in November. According to the banks wealthy clients study cited by local newspaper Ming Pao, nearly 80% plan to invest in digital assets within the next year, while more than 30% already hold some form of crypto exposure. The survey covered over 500 respondents with at least 1 million Hong Kong dollars (about $128,650) in liquid assets. Read more

Washington is considering direct investments in US quantum computing companies as it seeks to keep pace with China’s tech capabilities. The United States is reportedly in “early talks” with quantum computing companies to provide financial assistance to the sector, citing national security interests. Department of Commerce officials are exploring investing in quantum computer technology using funds earmarked for the CHIPS Act to remain competitive with China, Bloomberg reported on Thursday. The officials signaled that the government wants something in exchange for the financing, which could include a stake in the companies, the sources said.  Read more

Whales controlling 100K–1M LINK wallets are ramping up holdings.

Coins and tokens linked to crypto mogul Changpeng Zhao and President Trump jumped in price following news of the latest pardon.

OpenAI's AI web browser faces prompt injection attacks that security experts call an unsolved problem—but there are some things you can do to be safe.

The remaining “10%” of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation. Coinbase CEO Brian Armstrong says he’s optimistic that US senators are moving closer to advancing key cryptocurrency market structure legislation by Thanksgiving, suggesting that there’s now far more agreement on both sides of the aisle than there are differences. “Even though the government is shut down, the Senate is working hard on getting market structure legislation passed for crypto,” Armstrong said in a video posted on X. According to Armstrong, roughly 90% of the legislative framework has already been agreed upon, with the remaining 10% focused on issues like decentralized finance (DeFi). He added that policymakers are looking for ways to protect innovation while ensuring that “centralized intermediaries, like Coinbase, should be regulated — not the protocols.” Read more

David Sacks has said the U.S. is in an excellent position to pass crypto market structure rules this year with bipartisan support. Senate Democrats have met industry CEOs, and Brian Armstrong has said Thanksgiving has been floated as a timeline, while some groups have voiced DeFi concerns in DC now. The post U.S. In ‘Excellent Position’ To Pass Crypto Market Structure Legislation This Year, David Sacks Says appeared first on Cryptonews.

New Chainalysis figures show Turkey maintaining strong crypto volume despite stricter oversight. Retail activity has cooled amid KYC and transfer caps, while institutional investors and altcoin trading have continued to expand across the MENA region. The post Turkey Leads MENA with $200B in Crypto Volume – but Chainalysis Warns It’s ‘All Speculation’ appeared first on Cryptonews.

A wallet alleged to have connections to President Trump's family closed a major Bitcoin short ahead of Thursday's price jump.

The Singapore-based digital bank plans to broaden its crypto and fiat offerings for institutional clients, citing growing demand for programmable finance. Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services. The round included participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments, bringing the company’s total funding to about $45 million, according to the Economic Times. Founded in 2023 by fintech veterans Simon Vans-Colina, Salim Dhanani, and Dmitry Bocharov, Pave Bank provides institutional and corporate clients with both traditional and programmable banking services, while also facilitating transactions involving digital assets. Programmable banking services allow businesses to automate financial operations such as payments, transfers, and treas...

The US has never owed more money that it does today, and some believe the solution isn’t political reform or higher taxes but Bitcoin itself. America’s national debt has crossed $38 trillion, surpassing the country’s annual GDP by nearly 31%. Notably, the figure also marks one of the fastest periods of debt accumulation in modern […] The post How high would Bitcoin price need to go to erase US $38 trillion debt? appeared first on CryptoSlate.

Carlson claims Bitcoin enables "totalitarian control," warning digital currencies could enforce obedience.

The acquisition completes Fireblocks' tech stack, the company said on Thursday, allowing it to offer more institutional-grade services to clients. Fireblocks, a digital asset infrastructure company, announced on Thursday that it acquired Dynamic, an enterprise-focused wallet provider. The integration of Dynamic’s tech stack into Fireblocks adds to the company’s suite of institutional-grade services, which includes treasury management, custody options, and wallet services, according to Thursday’s announcement. Dynamic provides the wallet infrastructure for 50 million onchain accounts, including accounts for crypto exchange Kraken and Web3 Companies like Magic Eden and Ondo Finance, according to Fireblocks. Michael Shaulov, CEO of Fireblocks, said: Read more

The firm's stock rose Thursday, and has traded solidly above $1 during October.

Crypto executives have faced sharp questioning from Democratic senators as negotiations over the market structure bill have slowed. While CEOs have reported progress, the Senate remains divided on timing and process, leaving the bill’s future in question after earlier House passage. The post Stop Being Republicans’ Lapdog’ – Crypto CEOs Face Senate Fury as Bill Stalls appeared first on Cryptonews.

Cryptomus has been fined $126 million for failing to report thousands of high-risk transactions tied to child abuse, ransomware, and Iran-linked transfers.

The trend has most definitely not been your friend this week as dips get bought and rallies get sold.

Beyond Meat is facing its first test since becoming a meme stock sensation, with its stock down more than half since the peak. Can it rebound?

The addition of SOL comes amid growing institutional interest in the Solana network, as the community positions it as the hub of internet capital markets. Fidelity, a financial services company, has added Solana trading to its platform, making the network’s native token available to both institutional and retail clients. Solana (SOL) is now available to buy, sell, and trade on Fidelity Crypto, Fidelity Crypto for IRAs, Fidelity Crypto for Wealth Managers, and Fidelity Digital Assets’ platform for institutional investors, a spokesperson confirmed to Cointelegraph on Thursday. The spokesperson added: The added support for SOL signals that cryptocurrencies are maturing as an asset class, further reducing the gap between legacy and digital finance. Read more