Vaibhavv Ali
Binance has officially finalized its long-sought acquisition of Gopax, marking the crypto giant’s return to the South Korean market after a two-and-a-half-year absence. The deal, which began in early 2023, was ultimately unlocked by the Financial Intelligence Unit (FIU) approving new executive appointments at Gopax, ending a significant regulatory hold-up. With a 67% stake, Binance … Read more
Following a massive liquidation event over the weekend that wiped out over $500 billion in crypto market value, U.S. spot Bitcoin and Ethereum ETFs saw a significant $340 million net inflow on Tuesday. This surge marks a strong recovery from the $755 million combined outflow recorded the day prior. ETF Flow Breakdown: Spot Ethereum ETFs … Read more
Gold made market history on Wednesday, surging past $4,200 per ounce for the first time ever. This rally, with spot gold reaching $4,200.11, is primarily fueled by increasing expectations that the Federal Reserve will enact multiple U.S. rate cuts this year. The metal has gained a remarkable 59% year-to-date, solidifying its role as the safe-haven … Read more
Decentralized finance giant Aave is gearing up for its significant V4 protocol upgrade, slated for launch in Q4 2025. This update is designed to revolutionize decentralized lending through a new modular “hub and spoke” architecture. Key Features of Aave V4: Modular Architecture: Moving away from a monolithic system, the new “hub and spoke” design connects … Read more
The American firm Volatility Shares has submitted a bold filing to the U.S. Securities and Exchange Commission (SEC) for 27 new leveraged ETFs, targeting both major equities and cryptocurrencies. The filing, dated October 14, proposes highly magnified daily performance exposure (via futures, swaps, and options) with leverage levels of both 3x and 5x. Key Proposed … Read more
VanEck has submitted its fifth amendment to the U.S. Securities and Exchange Commission (SEC) for a spot Solana ETF, revealing critical operational details for the proposed fund. The updated filing outlines a highly competitive 0.30% management fee and introduces a unique staking component, which would make it the first regulated U.S.-listed digital asset ETF to … Read more
New York City has taken a major step to position itself as a national leader in crypto innovation. Mayor Eric Adams signed an executive order on Tuesday to establish the Office of Digital Assets and Blockchain, making it the first mayoral office of its kind in the United States. Mandate and Goals of the New … Read more
The Pi Network is undergoing a significant transformation, moving beyond its roots as a social mining project to focus on decentralized finance (DeFi). The project has begun early tests for its long-awaited Decentralized Exchange (DEX) and Automated Market Maker (AMM) on the Pi Testnet, signaling a major push to compete with established DeFi networks. Core … Read more
Payments giant Stripe is taking a major step toward deeply integrating digital assets into traditional finance, as its stablecoin infrastructure arm, Bridge, has filed for a national bank trust charter with the U.S. Office of the Comptroller of the Currency (OCC). The filing, confirmed by Bridge co-founder Zach Abrams, aims to create a federally regulated … Read more
Taiwanese stablecoin infrastructure company OwlTing is set to make its debut on the Nasdaq Global Market on Thursday, October 16, under the ticker symbol OWLS. This move marks it as one of the first Asian blockchain firms to list directly on a major U.S. exchange. OwlTing stated that the Nasdaq Global Market was chosen for … Read more