Category Archive: Cryptocurrency, No picture
Raydium launches perpetual futures trading on Solana
Key Takeaways Raydium launches perpetual futures beta, offering 70+ pairs, up to 40x leverage, and low fees powered by Orderly Network. Perpetuals on DEXs have exceeded $650 billion in volume, with Raydium joining the profitable on-chain derivatives market. Share this article Raydium, the third-largest DeFi protocol on Solana, has launched a public beta for perpetual […]
Solana ETF approval unlikely in US soon says Sol Strategies CEO
Key Takeaways Sol Strategies CEO Leah Wald told Blockworks she anticipates delays in US approval of a Solana ETF, citing regulatory challenges. Canada may approve a Solana ETF before the US due to its track record of leading ETF innovations. Share this article Leah Wald, CEO of Sol Strategies Inc., told Blockworks that she is […]
Grayscale adjusts large cap fund increasing Bitcoin and Ethereum allocations to 90%
Key Takeaways Grayscale has increased Bitcoin and Ethereum allocations to a combined 90% in its Digital Large Cap Fund. Cardano was added to the fund with a 1.44% allocation, responding to a 75% price increase over the past year. Share this article Grayscale Investments raised Bitcoin and Ethereum allocations to a combined 90% in its […]
Pro-crypto advocate Bryan Steil named chair of Subcommittee on Digital Assets
Key Takeaways Bryan Steil has been named chair of the Subcommittee on Digital Assets, overseeing regulations for digital assets. Steil supports legislation that balances innovation with investor protection in the crypto sector. Share this article Bryan Steil has been named chair of the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial […]
Circle joins Ripple, Coinbase to support Trump’s inaugural committee
Key Takeaways Circle has donated 1 million USDC to President-elect Donald Trump’s inaugural committee. The Trump-Vance Inaugural Committee aims to raise $150 million for the inauguration events. Share this article Circle has joined Ripple, Coinbase, and Kraken in supporting President-elect Donald Trump’s inaugural committee. Circle co-founder and CEO Jeremy Allaire announced today that the company […]
DOJ cleared to sell $6.5B in Bitcoin seized from Silk Road
Key Takeaways The US Department of Justice was approved to sell 69,370 Bitcoin seized from Silk Road. Battle Born Investments opposed the sale but failed to block it. Share this article The US Department of Justice (DOJ) has received court approval to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, […]
Oklahoma Senator introduces Bitcoin Freedom Act enabling businesses to accept Bitcoin payments
Key Takeaways The Bitcoin Freedom Act allows Oklahoma businesses to accept Bitcoin and employees to receive wages in Bitcoin. The legislation is expected to take effect on November 1, 2025, and includes provisions for tax implications and payment agreements. Share this article Oklahoma State Senator Dusty Deevers has introduced legislation that would allow employees to […]
Thailand launches crypto payment trial in Phuket
Key Takeaways Thailand’s crypto pilot in Phuket will enable tourists to register Bitcoin, seamlessly convert it to baht, and make hassle-free transactions. The initiative follows Thailand’s growing adoption of crypto, with communities like “Bitcoin town” in Kalasin already embracing digital payments. Share this article Thailand’s Deputy Prime Minister and Finance Minister Pichai Chunhavajira has unveiled […]
Do Kwon’s trial set for January 2026 as prosecutors review vast evidence
Key Takeaways Do Kwon’s trial over TerraUSD collapse is set for January 26, 2026, allowing time for evidence processing. The trial follows a $4.5 billion SEC settlement and Kwon’s liability in a civil fraud case. Share this article Do Kwon’s criminal trial over the $40 billion TerraUSD collapse will begin on January 26, 2026, in […]
Hyperliquid addresses concerns over validator selection and network centralization
Key Takeaways Hyperliquid denies allegations of selling validator seats and outlines future decentralization efforts, including a delegation program. Community feedback highlights issues with closed-source code and validator selection, prompting Hyperliquid to pledge improvements. Share this article Hyper Foundation denied allegations about its validator selection process for the Hyperliquid perpetuals trading platform and Layer 1 blockchain […]
