Polygon co-founder Sandeep Nailwal spurred a public discussion about the project’s token branding, asking the community if the network should consider reverting its ticker from POL to MATIC. On Wednesday, Nailwal said that while he personally thinks that they should stick to POL, he continues to hear feedback that the original MATIC ticker had stronger … Read more
Stablecoin issuer Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, Hungary and Greece. Tether is “the largest holder of gold outside central banks,” Jefferies wrote in a recent analysis, per a report by the Financial Times. The banking giant added that Tether’s growing … Read more
The Trump family-backed crypto project, World Liberty Financial, has continued its token buyback strategy, aiming to create more demand for the token, which has declined nearly 50% since its launch. The platform acquired $7.7 million worth of World Liberty Financial (WLFI) tokens on Wednesday at an average price of $0.16 per token, according to blockchain … Read more
Naver Financial, the fintech arm of South Korean tech conglomerate Naver, announced plans to acquire Upbit operator Dunamu in a stock-swap deal valued at about 15.1 trillion won ($10.3 billion). According to a Wednesday filing, Naver Financial will issue 87.56 million new shares to Dunamu shareholders. The transaction will make Dunamu a wholly owned subsidiary … Read more
Concerns are mounting over unusual activity surrounding the token launch of Edel Finance, a lending protocol focused on tokenized stocks and real-world assets (RWAs). Blockchain analytics platform Bubblemaps claimed in a Tuesday X post that a cluster of approximately 160 wallets accumulated around 30% of the EDEL token supply, worth approximately $11 million, during the … Read more
The Bank for International Settlements (BIS) has appointed Tommaso Mancini-Griffoli, one of the world’s most influential economists on digital money, as the next head of the BIS Innovation Hub, effective March 2026. The BIS said Tuesday that Mancini-Griffoli will “lead work to explore technological solutions within the central bank community on innovation.” His mandate is … Read more
Spain’s Sumar parliamentary group has introduced amendments to reform three major tax laws affecting cryptocurrencies, including the General Tax Law, Income Tax Law and Inheritance and Gift Tax Law. The proposal would change how crypto profits are taxed, shifting gains from non-financial-instrument assets into the general income tax bracket, which would raise the top rate … Read more
The venture capital division of America’s largest crypto exchange says it is targeting its funds toward real-world asset trading, decentralized finance and artificial intelligence next year. In a blog post, Coinbase Ventures stated that it is actively seeking to invest in teams involved in asset tokenization, specialized exchanges and trading terminals, next-generation DeFi and agentic … Read more
Bitcoin is poised to buck its usual strong November performance, but Bitfinex analysts suggest demand could return very soon. November has historically been Bitcoin’s (BTC) strongest month, posting an average return of 40.82%, according to CoinGlass. However, October closed down 3.69% — despite typically delivering average gains of around 19.92% — leading some to question … Read more
Trading platform Robinhood says prediction markets have emerged as one of its fastest-growing product lines in terms of revenue, and is now set to expand its business with a futures and derivatives exchange and clearinghouse. Since launching its prediction markets in March in partnership with prediction market platform Kalshi, nine billion contracts have been traded … Read more