Crypto

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Alibaba founder’s company backs another Ethereum-based project, South Korean whales account for 91% of the market: Asia Express. Anthea Holding Limited, a Bermuda-based crypto insurance firm, has raised $22 million in Series A financing led by Yunfeng Financial Group, a Hong Kong-listed fintech company co-founded by Alibaba founder Jack Ma.  Anthea said the new capital will fund the launch of its first Ethereum-based life insurance product, alongside expansion into the Asian market. The investment comes just over a month after Yunfeng Financial purchased 10,000 ETH (about $44 million), which serves as a strategic reserve for real-world asset tokenization and DeFi-linked insurance applications. Read more

Solana ETFs won't see the same investor interest as their Bitcoin and Ethereum counterparts, JPMorgan analysts said. Here's why.

Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday. Jack Dorsey, founder of payments company Square, has urged the introduction of a de minimis tax exemption on small Bitcoin (BTC) transactions to help make the cryptocurrency more suitable for everyday payments. “We want Bitcoin to be everyday money ASAP,” Dorsey said on Wednesday, following Square’s integration of Bitcoin payment services for merchants using the company’s checkout and point-of-sale systems. His comments drew attention from Wyoming Senator Cynthia Lummis, who introduced a de minimis tax provision as part of a standalone crypto tax bill in July, exempting BTC transactions $300 or under from capital gains tax with an annual exemption cap of $5,000. Read more

Haralambos Ioannou of Edlesborough was sentenced to 22 months in prison for illegally obtaining a second business relief loan—and spending the funds on crypto.

Sharps Technology has transferred its $435M Solana treasury to Coinbase Prime, using the exchange’s institutional-grade tools for custody and OTC trading as it strengthens its competitive position among Solana-focused treasury companies. The post Sharps Technology Moves $435M Solana Treasury to Coinbase — Will It Top Rivals? appeared first on Cryptonews.

BNB Chain’s memecoin rally unraveled after Binance launched “Meme Rush,” exposing liquidity gaps and wallet concentration risks. Is the memecoin season over? Key takeaways: Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches. A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines. Read more

Luxembourg has become the first country in the Eurozone to invest in Bitcoin through its sovereign wealth fund, allocating 1% of its $730 million Intergenerational Sovereign Wealth Fund (FSIL) to Bitcoin exchange-traded funds (ETFs), Finance Minister Gilles Roth announced on Oct. 9 during the 2026 national budget presentation. The investment marks a milestone for the […] The post Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund appeared first on CryptoSlate.

Roger Ver is reportedly close to a settlement with the U.S. Department of Justice over criminal fraud and tax charges filed last year.

The so-called Bitcoin Jesus was charged with tax evasion in April 2024, years after he renounced his US citizenship. Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has reportedly reached a deal with the US Department of Justice that could allow him to avoid prison time. According to a Thursday New York Times report, Ver’s lawyers reached a tentative agreement with US authorities that would require the Bitcoin (BTC) advocate to pay $48 million in taxes he owed from his crypto holdings. The Justice Department charged Ver with mail fraud and tax evasion in April 2024, seeking to extradite him from Spain to stand trial. The New York Times reported that Ver has ties with figures connected to the administration of US President Donald Trump, including hiring lawyers who previously worked for the president. He also reportedly paid $600,000 to political consultant Roger Stone, a Trump adviser, to lobby for changes to US tax laws. Read more

Myriad prediction market users are bullish on Bitcoin and XRP, but the charts suggest traders might want to temper their enthusiasm.

The change in rhetoric followed a US dollar-pegged stablecoin boom in 2025 due to the passage of key legislation in the United States. The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis organization for the EU. “Europe should not be dependent on US dollar-denominated stablecoins, which are currently dominating markets,” Gramegna said at Thursday’s hearing about the overall economic health of the eurozone, which included commentary on digital assets. He also said: Paschal Donohoe, the president of the Eurogroup, agreed on the need for financial innovation, but also said that the digital euro, a central bank digital currency (CBDC), could still be a net positive for commerce in the region. Read more

Crypto entrepreneur Roger Ver—known as "Bitcoin Jesus"—will have his tax evasion case dropped as part of a tentative deal, the New York Times reports.

Ripple is deepening its presence in the Middle East through a new partnership with Bahrain Fintech Bay (BFB), the kingdom’s leading fintech incubator and blockchain ecosystem builder. The collaboration, announced on Oct. 9, strengthens Ripple’s foothold in a region rapidly becoming a testing ground for digital asset infrastructure. Indeed, Bahrain has long positioned itself as […] The post How Ripple’s Middle East expansion could put XRP and RLUSD in the flow appeared first on CryptoSlate.

Peru’s largest bank, BCP, has launched a pilot crypto platform authorized by the national regulator, allowing select clients to buy and hold Bitcoin and USDC. Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody. To participate in the pilot, users must register, prove a minimum banking history with BCP, and complete an investment risk assessment before purchasing, according to Thursday’s announcement. Approved users will be able to buy and sell Bitcoin (BTC) and USDC (USDC) within a closed-loop system, meaning all transactions occur exclusively on the platform. This setup prevents transfers to external wallets and ensures “traceability and compliance with anti–money laundering and counter–terrorism financing regulations,” the companies said. Read more

BNB Chain’s memecoin rally has sharply reversed, with tokens falling as much as 95% after CZ clarified his posts are not trading endorsements, triggering a massive market sell-off. The post BNB Meme Coins Crash Up to 95% After CZ Dismisses ‘Endorsement’ Claims appeared first on Cryptonews.

BNB price prediction has assessed conflicting signals: a $1B YZi Labs fund for BNB Chain builders and sharp meme coin declines. BNB has consolidated around $1,268 after all-time highs, with technicians having mapped $1,400–$1,500 targets if key support remains intact. The post BNB Price Prediction: $1B YZi Labs Fund Announced as BNB Meme Coins Crash 90% – Is the Party Over? appeared first on Cryptonews.

Bitdeer boosts self-mining to stay competitive amid weak demand for rigs, joining other hardware makers turning to in-house Bitcoin operations. Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs — highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market. According to an Oct. 9 Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) on its own equipment, effectively competing with the same clients that purchase its rigs. The report cited Bitdeer’s latest filings showing a major year-over-year expansion of its mining capacity in August and its stated goal of becoming one of the world’s top five Bitcoin miners. Read more