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Monad, the Layer-1 blockchain, confirmed in a post on X that its long-anticipated token airdrop will take place next week.The airdrop claims portal will open on Oct. 14, however, Monad’s team has yet to disclose any information about the airdrop’s allocation.Monad has positioned itself as a high-performance Layer-1 chain that has EVM compatibility. Its forthcoming airdrop marks a step toward launching its native token, but without concrete details on how the tokens will be distributed, the community remains in a holding pattern, watching for the next update.The news comes as decentralized perpetuals exchange Hyperliquid listed MON-USD hyperps earlier on Wednesday,…

Luxembourg’s FSIL, a Eurozone sovereign wealth fund, has allocated 1% of its portfolio to Bitcoin ETFs, marking a regional first. With total assets of $880 million, FSIL’s 1% allocation to Bitcoin ETFs amounts to roughly $9 million. Though modest in size, the move signals growing confidence in digital assets among European financial institutions. Finance Minister Gilles Roth disclosed details of the investment during the presentation of Luxembourg’s 2026 Budget at the Chambre des Députés.- Advertisement – Bob Kieffer, the country’s Director of the Treasury, confirmed the decision in a LinkedIn post, describing it as a practical step toward diversification. Kieffer…

Zach Anderson Oct 10, 2025 03:20 Gold and silver drive Q3 commodity gains amid central bank buying. Diversification across sectors is crucial for sustained long-term performance, according to VanEck. In the third quarter of 2025, precious metals such as gold and silver emerged as the leading gainers in the commodities market, fueled by central bank acquisitions and their role as safe-haven assets. According to VanEck, this trend underscores the importance of diversification across various sectors to ensure long-term, sustainable performance in the commodities market. Precious Metals Surge The rally in gold and silver…

Messaging app Telegram founder and CEO Pavel Durov warns that a “dark, dystopian world” is approaching, with governments worldwide rolling back privacy protections.“I’m turning 41, but I don’t feel like celebrating. Our generation is running out of time to save the free internet built for us by our fathers,” said Durov in an X post on Thursday.“Once-free countries are introducing dystopian measures,” said Durov, referencing the European Union’s Chat Control proposal, digital IDs in the UK and new rules requiring online age checks to access social media in Australia.“What was once the promise of the free exchange of information is…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A surprising development has drawn attention within the XRP community as a new exchange-traded fund proposal centered around the cryptocurrency quietly surfaced. The filing, which was submitted to the US SEC by GraniteShares, outlines a plan for a 3× leveraged XRP ETF that’s designed to amplify the altcoin’s daily performance.  Although the fund is not the Spot XRP ETF that many investors have been waiting for, its sudden appearance is a big step toward institutional recognition of the token in the US. GraniteShares Proposes 3× Leveraged XRP…

Hong Kong is scaling up its digital yuan infrastructure, adding more merchants accepting e-CNY payments. Authorities are also exploring raising transaction caps and expanding wallet functionality, which are part of broader efforts to deepen cross-border payment integration with mainland China.Sponsored SponsoredCurrent Limits Under ReviewHong Kong’s government is working to expand China’s digital currency reach within the territory. Since the pilot program’s expansion in May 2024, the number of local retail merchants accepting e-CNY payments has gradually increased.Secretary for Financial Services and the Treasury Christopher Hui emphasized the initiative’s strategic importance, stating that the digital renminbi “provides residents of both regions with an…

Ripple is deepening its presence in the Middle East through a new partnership with Bahrain Fintech Bay (BFB), the kingdom’s leading fintech incubator and blockchain ecosystem builder.The collaboration, announced on Oct. 9, strengthens Ripple’s foothold in a region rapidly becoming a testing ground for digital asset infrastructure.Indeed, Bahrain has long positioned itself as a fintech gateway to the Gulf. In 2019, the country’s central bank was one of the first in the world to issue comprehensive crypto-asset regulations, attracting early pilots from firms like Binance.By joining forces with BFB, Ripple gains access to an innovation hub that connects government regulators,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has entered a phase of heightened volatility and uncertainty, with the market showing signs of indecision after weeks of strong momentum. The leading cryptocurrency continues to trade just below its all-time high near $126,000, with bulls and bears now locked in a battle to determine the next major move. Some analysts believe Bitcoin is preparing to break through resistance and enter price discovery, targeting new record highs. Others, however, warn of a potential short-term correction, arguing that market euphoria may have reached unsustainable levels. According to…

Early Bitcoin investor and Bitcoin Cash co-founder Roger Ver has reached a tentative settlement with the U.S. Department of Justice over criminal tax charges tied to an alleged $48 million loss to the government, The New York Times reported on Oct. 9.Ver was arrested in April 2024 and charged with mail fraud, tax evasion, and filing false tax returns.Prosecutors alleged that Ver concealed ownership of large Bitcoin holdings from the Internal Revenue Service while living abroad, thereby depriving the U.S. government of tens of millions of dollars in tax revenue.People familiar with the matter told the newspaper that under the…

Elliptic says 2025 thefts have already smashed records.Funds believed to help bankroll Pyongyang’s nuclear programme.North Korea’s state-backed hackers have already stolen over $2 billion in cryptocurrency this year — setting a new record — with three months still to go.Blockchain analytics firm Elliptic said the regime’s total crypto haul has now topped $6 billion, marking what experts describe as one of the most sustained and profitable cybercrime campaigns in history.“The actual figure may be even higher,” Elliptic wrote, explaining that it had only included heists it was certain was conducted by North Korean hackers.The firm attributed the bulk of the…