Milei’s LLA Wins, but Still Lukewarm on Crypto

The party of Argentine President Javier Milei, La Libertad Avanza (LLA), has won the 2025 midterm elections handily. But the crypto industry doesn’t necessarily have cause for celebration. Milei endeared himself to many in the crypto space with his pro-crypto rhetoric. He has called central banks “a scam” and said that Bitcoin (BTC) was “the … Read more

Bitcoin Knots Has Been Nothing More Than A Denial-of-Service Attack On Bitcoin

In computing, a denial-of-service attack (DoS attack; UK: /dɒs/ doss US: /dɑːs/ daas[1]) is a cyberattack in which the perpetrator seeks to make a machine or network resource unavailable to its intended users by temporarily or indefinitely disrupting services of a host connected to a network. -The Wikipedia definition of denial-of-service attack.  This is a … Read more

Not All Crypto Yield Is Created Equal

Opinion by: James Harris, group CEO of Tesseract In an environment of tightening margins and heightened competition, yield is no longer optional. It has become a necessity. This gold rush mentality obscures a critical truth defining the industry’s future: Not all yield is created equal. The market’s obsession with headline returns sets up institutions for … Read more

Western Union Chooses Solana Blockchain for Stablecoin

Financial services company Western Union has said its forthcoming stablecoin settlement system will use the Solana blockchain. Announced during the company’s third-quarter earnings call last week, the stablecoin system will consist of the US Dollar Payment Token (USDPT) and the Digital Asset Network, which will be built in partnership with Anchorage Digital Bank, Western Union … Read more

30% YoY Increase in Crypto Reporting

The Norwegian Tax Administration said that more people declared cryptocurrency holdings in 2024 compared to the previous year, following efforts to increase reporting.  In a Tuesday notice, Norway’s tax authority said more than 73,000 people in the country reported owning some form of cryptocurrency in their 2024 returns. The numbers marked about a 30% increase … Read more

Polymarket Eyes November for US Relaunch

Today in crypto, Polymarket is preparing to relaunch trading services in the United States within weeks. Circle has debuted the Arc blockchain testnet with support from more than 100 institutions, including BlackRock, Goldman Sachs, Visa and Mastercard, and a US lawmaker wants to bar Trump, his family and elected officials from trading crypto and stocks. … Read more

OceanPal raises $120M to launch NEAR-focused digital asset treasury

Nasdaq-listed OceanPal Inc. has raised $120 million through a private investment in public equity deal to launch SovereignAI, a new subsidiary focused on commercializing the NEAR Protocol and developing AI infrastructure. According to a Tuesday announcement, SovereignAI will implement a crypto treasury strategy, with plans to acquire up to 10% of the NEAR (NEAR) token … Read more

Bitcoin Capped At $116K As Traders Cut Risk Ahead of FOMC, China Deal

Key points:  Bitcoin traders’ ability to overcome price resistance at $116,000 could hinge on Wednesday’s Fed decision on interest rates and this week’s US-China trade summit.  Pro traders are distributing into BTC price rallies while retail-sized investors are buying the dips in spot, and also being liquidated in futures.  Bitcoin (BTC) price continues to show … Read more

Polymarket Will Likely Start Initial US Relaunch in November: Report

Prediction platform Polymarket is reportedly eyeing launching trading services in the United States in a matter of weeks. According to a Tuesday Bloomberg report citing people familiar with the matter, Polymarket plans to initially launch limited trades available to US residents before the end of November, with an emphasis on sports betting.  The relaunch report … Read more