Key Takeaways Next Technology authorized sales or pledges involving approximately 5,833 bitcoin on Oct. 30. Binance’s security incident prompted Next Technology to reconsider its cryptocurrency exposure. Next Technology cited hacking threats and quantum computing risks, but disclosed no completed bitcoin sales. Next Technology Holding Eyes Bitcoin Exit as Binance Hack Fuels Security Fears A company […]
Key Takeaways Lookonchain tracked 128.63M ENA, worth about $24M, moving from Ethena-labeled wallets to Binance on Oct. 31. Binance says it already holds $5B of the $6.3B in stolen assets and is buying the remaining 20%. Reserve Protocol expects Binance to finish repurchasing 3.38B RSR before its Nov. 2 reserves report. Ethena Tokens Flow Into […]
Key Takeaways BNB Chain is building a second EVM L1 with 200ms blocks, using BNB for gas, staking, and governance. The new chain targets high-speed trading and payments, while BNB Chain keeps its existing DeFi ecosystem. A public testnet is due by the end of 2026, with mainnet planned for early 2027. BNB Chain Keeps […]
Key Takeaways Polygon Labs integrated Solana into its Open Money Stack to unify bank transfers, cross-chain routing, and payouts. The expansion unlocks access to Solana’s $5 trillion stablecoin market with guaranteed all-in enterprise pricing. Kira has adopted the system as Polygon’s U.S. payments arm extends regulatory coverage across 48 states. Streamlining Cross-Border Money Movement Polygon […]
Key Takeaways Binance committed $6.34B in corporate funds to fully reimburse users after a historic $6B security breach. Industry partners like Tether and Circle froze $3B of the stolen assets to aid law enforcement recovery. The exchange is purchasing remaining impacted tokens via OTC markets to safely resume user withdrawals. Binance Prepares to Restart Normal […]
Key Takeaways Bitwise raised its target from $1.3 million for 2035 to $1.6 million for 2036. Its valuation assumes bitcoin captures 25% of the gold-and-bitcoin market. The bull scenario projects $3.67 million; the bear scenario puts bitcoin at $130,686. Bitcoin’s $1.6 Million Target Implies 34.3% Annual Growth Bitcoin could reach about 19 times its model […]
Key Takeaways Bitcoin jumped to $81,888 after U.S. GDP data showed 3.4% growth in the third quarter. Coinglass data showed $99 million in bitcoin liquidations as broader crypto wipes hit $412 million. An analyst expects price volatility until bitcoin reclaims $80,400 or tests $76,000 support. Strong GDP Growth Drives Temporary Rally Bitcoin rallied Thursday after […]
Key Takeaways Bitcoin surged to $81,687 before retreating below $80,500 as traders awaited the Fed’s rate decision. Coinglass reported $167 million in crypto liquidations, including $110 million in short positions. The Federal Reserve held rates steady at 3.75%-4% after previously raising rates in September. Bitcoin Briefly Surges Above $81K Ahead of Fed Decision The price […]
Key Takeaways Strategy shareholders approved daily dividends for STRF, STRC, STRK, and STRD preferred shares, with 99.3% of votes cast in favor. Daily dividends begin Nov. 1 for STRC, with the other three preferred stocks transitioning Jan. 1, 2027, subject to final implementation. STRC will maintain a 12% annualized dividend rate in November, with approximately […]
Key Takeaways DBS found 88% of major companies are using or testing tokenized money, with 67% already deploying it. Stablecoins lead DBS respondents’ tokenized money preferences at 63%, ahead of tokenized deposits. DBS says corporations increasingly expect banks to support round-the-clock payments and settlement. DBS Survey Reveals How Far Tokenized Money Has Advanced A recent […]