Crypto news
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Did Justin Sun just admit to wash trading?
Justin Sun, the creator of TRON and crypto billionaire suing the Trump family, posted a bizarre admission on X yesterday when he stated that his exchange Poloniex is now “the world’s only exchange used solely by the boss himself.” In essence, Sun, while perhaps being tongue-in-cheek, seemed to...
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Conduit Sues Tether Over $2.76 Million in Frozen USDT
The payments firm seeks a court order restoring access to its treasury wallet, saying the loss of working capital has slowed client settlements.... Read the full story at The Defiant
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UK names 6 banks to lead first digitally native government bond
The DIGIT pilot will test distributed ledger technology and onchain settlement for UK sovereign debt, with issuance expected by the first quarter of 2027.
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Winklevoss Files for Zcash ETF With 0.25% Fee
Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, but the potential purchase is nonbinding.... Read the full story at The Defiant
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Bryan Johnson Spent Millions to Reverse Aging. He Says a Filter Works Better
The face of the "Don't Die" movement now says retouching beats therapy for looking young. His transformation over the summer may explain why.
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OKX Gets New Funding From Circle, Standard Chartered at $25B Valuation
Bitcoin Magazine OKX Gets New Funding From Circle, Standard Chartered at $25B Valuation Crypto exchange OKX has raised new funding at a $25 billion valuation, the company said on Tuesday, revealing investment from top digital asset companies. The crypto exchange said in an announcement that...
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Conduit sues Tether over $2.8M USDT freeze
A lawsuit filed by crypto payments firm Conduit has accused Tether of unlawfully freezing $2.76 million worth of its USDT and refusing to give it back for over a year. Conduit filed the lawsuit in New York yesterday. It claims that Tether froze the funds in September 2025 and repeatedly referred...
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Another Zcash ETF Is Coming: Winklevoss Twins File for 'WINK'
The proposed fund would hold ZEC directly, trade on Nasdaq under "WINK" with Gemini as custodian, and add the Winklevoss twins to a wave of institutional interest in the privacy coin.
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Russia’s digital ruble accounts top 220K in first month, nearly 4X central bank forecast
The digital ruble’s early uptake comes as BRICS nations explore linking their digital currencies for cross-border trade and payments.
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Nike overpaid $7.9 billion buying back its own stock
Sportswear company Nike spent roughly $12.1 billion on buybacks for stock that would now be worth about $4.2 billion. The company paid an average $97.57 apiece for 124.4 million of its own shares since June 2022, and its stock opened for trading today at $33.70, leaving Nike’s purchases with a $7.9...
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Bill aims at stopping US lawmaker bets on their own elections ahead of midterms
The No Betting on Your Own Race Act will not be addressed before the 2026 US midterms as Congress is on recess until after the election.
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Ethereum Validator Count Falls to 863,000 as Staked ETH Edges Higher
Pectra lets operators combine validator balances, reducing network overhead without requiring them to withdraw their ETH.... Read the full story at The Defiant
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Anchorage Digital Buys Routable to Add Corporate Payment Rails
Routable will operate under a new brand, with integrated stablecoin and tokenized deposit offerings rolling out over the coming quarters.... Read the full story at The Defiant
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Conduit sues Tether over $2.76 million freeze, says it has ‘no legal entitlement’ to funds
Conduit is suing Tether in NY federal court, alleging the USDT issuer froze $2.76 million of its funds for over a year without explanation.
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Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.... Read the full story at The Defiant
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Affluent investors seen boosting crypto exposure: Survey
Most affluent investors across seven countries own and are increasing their crypto holdings despite financial advisers who remain overly cautious about digital assets.
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Circle’s new USDC ambassador? DJ Khaled
Circle, the issuer of $74 billion stablecoin USDC, has shared a promotional photo of music producer DJ Khaled sporting the new USDC-sponsored Chelsea FC shirt, with CEO Jeremy Allaire posting “welcome to team USDC.” This is despite Khaled’s history of undisclosed shilling of crypto projects, which...
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Mistral AI Drops 'Le Chonk': A Massive AI Model Named After a Cat Meme
Paris-based Mistral launched Large 4, a model nicknamed after a June internet joke. It tops GPT-6 Astra on one finance test, but trails Claude on others.
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Bitcoin grinds toward $87K as US equities hit new record highs
Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs.
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Securitize stock jumps 8% amid South Korea tokenization push
The LG CNS partnership gives Securitize a foothold as the Seoul prepares new rules for tokenized stocks, bonds and funds beginning in February 2027.
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Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil
Pantera Capital and Bullish also participated in the ANVL purchase as Anvil rolls out software designed to make its collateral protocol easier for businesses to integrate.
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Crypto is expanding the boundaries of what can be priced
The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of existing ones, argues Altius co-founder and CEO Annabelle Huang.
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Winklevoss group seeks to launch Zcash ETF with 0.25% fee, proposed WINK ticker
Winklevoss Asset Services filed for a spot Zcash ETF under ticker WINK, with Gemini as custodian and a 0.25% fee, rivaling Grayscale's ZCSH.
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Bitcoin Falls Asleep, But Privacy Coins Zcash and Monero Are Waking Up
Bitcoin and Ethereum barely moved today, but Zcash and Monero are leading the largest coins over the last 24 hours.
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ECB policymaker warns of fragmentation without digital euro
A ECB executive board member said the potential introduction of a digital euro ”would not to take over the role of banks,” but ensure they have a role in the EU’s monetary system.
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BlackRock Says AI Agents Could Be the Next Big Driver of Crypto Demand
Bitcoin Magazine BlackRock Says AI Agents Could Be the Next Big Driver of Crypto Demand Artificial intelligence and digital assets are beginning to converge, with AI models showing a preference for bitcoin and stablecoins, according to research cited by BlackRock . In a new report, the $15 trillion...
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Treasury Drops Crypto Surveillance Proposals
Bitcoin Magazine Treasury Drops Crypto Surveillance Proposals The Treasury Department is scrapping two long-stalled crypto surveillance proposals, handing a major win to privacy advocates and the digital asset industry. The Financial Crimes Enforcement Network filed notices Monday withdrawing its...
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Ecash Ecosystem Rises to Challenge in the Defense of Decentralized Custody
Bitcoin Magazine Ecash Ecosystem Rises to Challenge in the Defense of Decentralized Custody BTC++, Berlin, and breakthroughs in advancing Bitcoin custody A few weeks ago, I argued that the Bitcoin ecosystem kept asking the wrong question , tending to frame everything as “trusted” or “trustless.”...
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Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank
The planned bank would take over issuance and reserves from Agora’s Bermuda entity, but must meet capital, liquidity and compliance conditions before opening.... Read the full story at The Defiant
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Flash Loan Attacks Drained $1.2B From DeFi Between 2020 and 2024: Study
Attacks grew more sophisticated and less predictable over the period, according to researchers who scanned more than 20 billion transactions.