Crypto

Bitcoin volatility rises as analysts warn record highs could be overshadowing America's growing deficit threat.

Most of the capital will be used to acquire tokenized gold reserves, aiming to build a publicly verifiable, blockchain-native treasury

The move marks the debut of Nasdaq’s first Tether Gold-backed corporate treasury, which will be established via a $150 million financing round. Nasdaq-listed wealth and asset management services provider Prestige Wealth is rebranding to Aurelion Treasury to launch the Nasdaq’s first Tether Gold-backed corporate treasury as more Wall Street companies explore digital asset offerings. To launch Nasdaq’s first Tether Gold (XAUT) treasury, the company announced the closure of a $100 million Private Investment in Public Equity (PIPE) financing round from anchor investor Antalpha Platform Holding Company and other accredited investors, including TG Commodities S.A. de C.V. (Tether), the company said Friday. The company also secured a three-year, $50 million senior debt facility from Antalpha Management, bringing its total funding to $150 million, according to a filing with the US Securities and Exchange Commission. Read more

The UK has taken a decisive step toward mainstream crypto adoption after the Financial Conduct Authority (FCA) lifted its three-year ban on retail trading of crypto exchange-traded products (ETPs). The decision, announced on Oct. 8, reverses a January 2021 restriction that prevented retail investors from accessing crypto exchange-traded notes (ETNs) over volatility and consumer-protection concerns. […] The post UK lifts retail ban on crypto ETPs, unlocking access to a £800B market appeared first on CryptoSlate.

Crypto betting platform Shuffle suffered a data breach via its CRM provider Fast Track, exposing most users’ data, founder Noa Dummett said. Shuffle, a leading crypto betting platform, suffered a data breach after its third-party customer service provider was compromised, exposing the data of most of its users. According to a Friday X post from Shuffle founder Noa Dummett, the company’s customer relationship management (CRM) service provider, Fast Track, suffered a data breach that exposed its users’ data. Shuffle used the service in question for “programmatic email sending and various communications with users,” suggesting that those messages and email addresses were likely among the exposed data. “Unfortunately, it seems that their breach has impacted the majority of our users,” Dummett wrote. He said that the company was investigating how the breach took place and “where this data ended up.” Read more

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed the week with a 3% loss after buyers were unable to keep the price above $4,500. This level also acts as a key resistance. Since sellers have the upper hand, they may be able to take ETH […]

From the FTX fallout to Metaplanet-inspired expansion, Solana’s corporate story is coming full circle through its SOL treasury companies. Solana (SOL) treasury companies are following the trend set by Bitcoin (BTC) and Ether (ETH), whose adoption by public companies has boosted stock prices and graced media headlines. Digital asset treasuries (DATs) list on public markets, buy crypto, then work to grow tokens per share. The pitch is simple for traders who want to gain crypto exposure through a brokerage account, offering upside that can outpace spot prices. Exchange-traded funds (ETFs) also provide crypto exposure for investors nowadays, but DATs can hit the market faster. Additionally, premiums and discounts to net asset value (NAV) create embedded leverage without liquidation concerns, which allows these vehicles to trade away from the value of the tokens they hold. Read more

Morgan Stanley is cutting restrictions on crypto investments for wealth clients, broadening access as Bitcoin and Ethereum rise.

According to PeckShield, the theft stemmed from a private key compromise, allowing an attacker to drain the victim’s funds in a single swift move.

Miners’ secured grid capacity and high-density sites offer hyperscalers a faster, cheaper path to expand AI data centers as interconnection delays mount.

Polymarket’s rival prediction marketplace Kalshi told Cointelegraph that its platform will be restricted in 38 jurisdictions, including France and the UK. United States-based prediction marketplace Kalshi closed another major funding round to bring its platform to more than 100 countries worldwide. Kalshi completed a Series D funding round of over $300 million led by Sequoia Capital and Andreessen Horowitz (a16z), with participation by Paradigm, the company announced on Friday. The platform is immediately available in over 140 countries, Kalshi said in a statement shared with Cointelegraph, adding that it has now emerged as the “world’s only unified global prediction market and instantly added billions of new potential customers.” Read more

Real-world asset tokenization needs compliance frameworks and verified ownership checks built into the infrastructure to prevent fraud and build institutional trust. Opinion by: Vincent Kadar, CEO of Polymath When a company sold tokenized shares in dozens of homes in Detroit that it did not actually own, it was more than a real estate scandal. It served as a warning to the entire real-world asset (RWA) sector. The deal seemed modern, including blockchain tokens, fractional ownership and the promise of rental income. Read more

The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures.

Junk bond and banking ETFs hint risk aversion.

NEAR Protocol (NEAR) was also a top performer, gaining 10.9% from Thursday.

Arthur Hayes argues that prior peaks and busts coincided with tightening or easing of fiat liquidity, not the Bitcoin halving date itself.

Can SWIFT’s blockchain match Ripple’s technological edge? Explore the key challenges it faces and its potential impact on global payments. SWIFT powers most of the world’s bank transfers through its messaging network, while Ripple uses XRP to make cross-border payments faster and cheaper. Beyond payments, XRP is also used for remittances and is being explored for tokenized loyalty and DeFi applications, with institutions like SBI Holdings testing integrations. SWIFT is developing a blockchain-based ledger for real-time payments, interoperable with major networks and supporting tokenized assets. Read more

PI's valuation has recently tumbled to a new all-time low of $0.22.

The Bitcoin-focused firm paused stock acquisition rights for 20 trading days as its stock's multiple to net asset value hit a cycle low.

Changpeng Zhao’s warning highlights a resurgence of threats from state-backed hacking groups, such as the North Korean Lazarus Group. Hackers attempted to infiltrate the account of Binance co-founder Changpeng “CZ” Zhao, signaling potential attacks from state-backed hacker groups, such as the North Korean Lazarus Group. “Government-backed attackers” were attempting to steal Zhao’s Google password, according to a Google warning shared by CZ, who suggested that it may be another attempt by North Korea’s Lazarus Group. “I get this warning from Google once in a while. Does anyone know what this is? North Korea Lazarus? Not that I have anything important on my account,” said Zhao in a Friday X post. Read more