Author: admin

The crypto industry is recoiling from a document reportedly outlining a U.S. Senate Democratic pitch on handling decentralized finance (DeFi) as a component of the wider effort toward regulating crypto in the U.S.The proposal — a detailed outline describing an approach to DeFi, first reported by Politico — suggests that a firm or individuals that handle customer needs on the front end of a DeFi operation should have to register with the Securities and Exchange Commission or the Commodity Futures Trading Commission and be regulated as a broker.The language defining who would be roped into regulation as an intermediary would…

The new initiative will unite Ethereum’s top cryptographers and engineers under a single privacy framework. The Ethereum Foundation (EF) has announced the formation of a new group of 47 researchers, engineers, and cryptographers who will work together to make Ethereum’s Layer 1 infrastructure safer and more private. According to analysts, this change in structure is a show of the institution’s seriousness about adding privacy features directly to the Ethereum ecosystem, moving it from a side project to a main development priority. Expanding Ethereum’s Privacy Framework In an October 8 blog post, EF noted that the “Privacy Cluster” integrates multiple…

Roger Ver — once dubbed “Bitcoin Jesus” for his early evangelism of bitcoin — has reached a tentative deal with the U.S. Justice Department to resolve criminal tax fraud charges, according to The New York Times reporting. The agreement, still awaiting court approval, would require Ver to pay roughly $48 million in back taxes. In return, prosecutors would drop the case if he meets the terms of a deferred-prosecution deal. The case against Ver, filed in 2024, accused him of evading taxes tied to his massive bitcoin holdings before renouncing his U.S. citizenship in 2014. He was arrested in Spain…

Decentralized exchanges (DEX) registered $1.43 trillion in spot volume during the third quarter, marking the strongest quarterly performance on record and signaling a structural shift in how crypto markets establish prices.The figure represents a 43.6% increase from the $1 trillion registered in the second quarter, and surpasses the previous record of nearly $1.2 trillion set between January and March.August and September delivered the second- and third-largest monthly volumes in history, at $510.5 billion and $499.1 billion, respectively, trailing only January 2025’s $560.3 billion.Additionally, DEXs captured 17.7% of the total crypto spot volume traded by their centralized counterparts, according to data…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure North Korea-linked hacking groups are making global headlines once again after shattering all previous records for cryptocurrency theft in 2025. According to blockchain analytics firm Elliptic, billions of dollars in digital assets have been stolen, with this year marking an unprecedented escalation in the regime’s cyber operations. North Korea Breaks The Record For Crypto Theft In 2025 On October 7, Elliptic revealed in a blog post that North Korean hackers have stolen more than $2 billion worth of crypto assets so far in 2025. This marks the…

Bitcoin traded just above $121,000 on Wednesday, holding onto gains after a drop from a recent peak above $126,000. According to analyst Egrag Crypto, a small market move could trigger a much larger rally, building on a pattern he says has repeated across past cycles. Related Reading Historic Channel Breakouts Egrag’s view is based on a three-month look at price channels that, he argues, have preceded major rallies. Based on reports, similar channel breakouts were visible before the 2013 surge to about $1,163, the 2017 rise past $19,000, and the 2020–2021 rally that pushed prices above $69,000. He says the…

Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody.To participate in the pilot, users must register, prove a minimum banking history with BCP, and complete an investment risk assessment before purchasing, according to Thursday’s announcement.Approved users will be able to buy and sell Bitcoin (BTC) and USDC (USDC) within a closed-loop system, meaning all transactions occur exclusively on the platform. This setup prevents transfers to external…

Luxembourg has become the first country in the Eurozone to invest in Bitcoin through its sovereign wealth fund, allocating 1% of its $730 million Intergenerational Sovereign Wealth Fund (FSIL) to Bitcoin exchange-traded funds (ETFs), Finance Minister Gilles Roth announced on Oct. 9 during the 2026 national budget presentation.The investment marks a milestone for the nation’s financial strategy, reflecting a gradual shift toward diversified, innovation-driven asset management.Roth said the move aligns with the FSIL’s revised framework approved in July 2025, which now permits up to 15% of its portfolio to be allocated to alternative assets, including private equity, real estate, and…

Solana (SOL) is flashing a powerful bullish setup as it forms a classic cup and handle pattern on the monthly chart. With the 1.618 Fibonacci target sitting near $425 and the monthly MACD gearing up for a golden cross, momentum is building fast. As speculation around a potential Solana ETF approval heats up, traders are eyeing what could be the start of a major breakout rally. Cup And Handle Formation Signals A Major Bullish Setup Lark Davis, a well-known crypto analyst, recently shared an optimistic outlook on SOL, highlighting a significant technical formation that could set the stage for a…

Katie Porter is ramping up her campaign for California Governor ahead of the primary elections in June 2026. Last year, Porter lost her Senate bid to Adam Schiff. Her campaign blamed the defeat on the $10 million spent on independent expenditures the Super PAC Fairshake used to fund attack ads against her.Sponsored SponsoredPorter Takes Aim at Newsom’s SeatPorter is once again vying for a political position in California. This time, she is eyeing the gubernatorial seat, which will become vacant once Governor Gavin Newsom concludes his term in 2026.The former Representative launched her campaign this March, a year after her defeat…