Crypto

Tokyo-listed Metaplanet bought 5,419 BTC in a $633 million deal, vaulting into the top five public holders as it advances toward its goals.

BNB surged to a record high, buoyed by institutional demand, though analysts caution the rally may face a short-term pullback.

The crypto platform has confirmed a limited breach following a report linked it to the Scattered Spider hacker group.

The project embeds remittances, payments, and DeFi in LINE Messenger as Kaia looks to support multiple Asian currencies.

Tether is now being accepted for payments at Toyota, Yamaha and BYD in Bolivia as businesses increasingly turn to stablecoins to navigate the country’s US dollar shortage. Three major international vehicle manufacturers have started accepting a Tether in Bolivia to navigate its collapsing US dollar reserves, marking a major step in the Latin American country’s crypto adoption. Tether CEO Paolo Ardoino shared that Toyota, Yamaha, and BYD are taking Tether (USDT) for payment on Sunday, while crypto security firm BitGo confirmed the first Toyota was purchased in Bolivia with USDT on Saturday. Pictures shared by Ardoino show a dealership displaying signs that advertise USDT as an “easy, fast, and safe” payment option for car purchases.  Read more

Song accused BTC Core developers of defecting and failing to address widespread community concerns about non-monetary data on the ledger. Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade, calling it “fiat” mentality. Song accused the Core developers of deflecting user concerns about removing the OP_Return limit, which is currently 80 bytes in size, and ignoring the significant pushback from the Bitcoin community and node runners. He also said: You can argue whether that's something desirable or not, but saying you can't define it is a stalling tactic meant to avoid the real argument about actual impact — particularly, the long-term impact of this change,” Song continued. Read more

Canada's first crypto exchange takedown triggers panic as users slam the RCMP for punishing innocent TradeOgre users alongside criminals.

If you’ve been following the latest news from 1984, you’ll know that Vietnam has permanently closed over 86 million bank accounts. For a country with an estimated 200 million bank accounts, that’s around 43% being frozen or deleted to “prevent fraud and cybercrime.” The account closures follow sweeping new regulations requiring users’ biometric authentication, and […] The post Vietnam’s bank account purge is the best publicity for Bitcoin appeared first on CryptoSlate.

Brian Armstrong told Fox Business that Coinbase aims to be users’ primary financial account while addressing U.S. crypto rules and pressure from banks.

Blockchain, artificial intelligence, and online platforms are the future of commerce as the world moves to an internet-first economy. The traditional economy is being phased out in advanced countries that are transitioning to an internet-first economy dominated by the tech industry and digital platforms, according to Balaji Srinivasan, a former executive at crypto exchange Coinbase and the author of “The Network State.”  “The legacy economy is being sunset in favor of the Internet economy,” Srinivasan said in an X post on Saturday. He shared a chart showing the price divergence between the “Magnificent Seven” tech stocks, which are enjoying meteoric growth, and the remainder of companies in the S&P 500 index, which have remained fairly flat since 2005.  Read more

FTX to pay an additional $1.6B to creditors as part of its ongoing Chapter 11 repayment plan Starting September 30

Argentina has once again reached a breaking point, and the central bank has intervened to prop up a plunging peso despite new libertarian reforms. The crisis marks a sharp turn for those who briefly saw hope in President Javier Milei’s pro-market promises. Milei: the libertarian wave falters When Javier Milei assumed power, he made headlines […] The post Milei’s monetary meltdown: Argentine central bank intervenes as peso hits record lows appeared first on CryptoSlate.

Gold has done well of late, but hasn't made a new high relative to broad money supply since 2011.

Bitcoin is at a pivotal moment as it trades below the $120K zone, with price action tightening and bulls struggling to push through key levels. While the broader trend remains bullish, the short-term cooldown can continue before another leg higher. By Shayan The Daily Chart On the daily chart, Bitcoin is still holding within a […]

Ethereum has been in a period of consolidation, showing strength above the psychological $4K level while continuing to hold a bullish structure. Despite a lack of aggressive upside moves, the asset action remains constructive, and sentiment appears to be shifting in favor of buyers again. Technical Analysis By Shayan The Daily Chart On the daily […]

XRP has been consolidating after a strong breakout earlier this summer, showing resilience around key support zones. While momentum has cooled slightly, the structure across both XRP/USDT and XRP/BTC pairs suggests a potential continuation phase if buyers step back in around key technical levels. Technical Analysis By Shayan The USDT Pair On the daily chart, […]

Governments around the world are exploring and launching stablecoins to remain competitive against dollar-pegged digital fiat tokens. The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong Kong, according to Reuters, following a regulatory pivot in China embracing stablecoins for international markets. The stablecoin is meant to facilitate cross-border transactions with countries in the Belt and Road initiative, an infrastructure project building physical roads linking China to the Middle East and Europe, and establishing maritime trade routes with other regions. Read more

Syndicate itself has transitioned away from DAOs, but a co-founder sees echoes of them evident in prediction markets.

With Stripe and PayPal building on Solana, Pantera says the blockchain's adoption story is just beginning to unfold.

The rapid decline of the U.S. dollar has reignited dreams of “hyperbitcoinization” among Bitcoin proponents. But there is little evidence that the dollar dying means Bitcoin’s victory; and plenty that points toward widespread chaos instead. The dollar dying: lessons from currency collapse Fernando Nikolic, ex-VP at Blockstream and a veteran of Argentina’s financial turmoil, cautions […] The post The dollar dying doesn’t make Bitcoin win appeared first on CryptoSlate.