Binance loses $5.7 billion in largest crypto hack to date
Crypto prices are sliding on the news, with bitcoin falling back to $79,000. Source:CoinDesk
Federal Reserve Board announces approval of application by The Bank of Nova Scotia
Federal Reserve Board announces approval of application by The Bank of Nova Scotia Source:Federal Reserve
Public companies double share of blockchain revenue since 2022: Report
A new 1kx report finds that public companies are capturing a larger share of blockchain revenue, driven by institutional adoption and realworld applications.…
Polymarket suspended trading amid reports of user funds being drained
The prediction markets platform halted trading on Thursday after it reported one of its third party providers had been compromised. Source:Cointelegraph
HYPE teases all-time high as NYSE owner ICE eyes US Hyperliquid perps
Hyperliquid’s token pumped following news of ICE and Trade[XYZ] unveiling plans for US perpetual futures. Source:Cointelegraph
KuCoin suspends services in Russia and Belarus
The exchange cited legal and regulatory compliance in its reason for cutting off services to users based in the two countries, currently the targets of…
Two Entities Charged in $130 Million Fraud Scheme That Used False SEC Filings to Boost Investor Confidence
The Securities and Exchange Commission today charged two foreignoperated, Coloradoincorporated entities, BG Wealth Sharing Ltd and DSJ Exchange Pty Ltd, for…
Nasdaq-listed Canton Strategic Holdings plans tokenized stock trading from Nov. 2
The tokenized shares would carry the same shareholder rights as traditional stock, with roundtheclock trading and immediate settlement under the SEC’s…
Kalshi raises $1B at $40B valuation as non-sports revenue run rate tops $1B
The funding round comes as Kalshi expands its partnerships with the NBA and S&P Dow Jones Indices while facing legal challenges over its sports contracts.…
French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of cryptoasset tax information between international tax authorities, pending completion of…
Polymarket brings ultra-short crypto prediction markets to U.S. platform
Polymarket’s new Up/Down crypto contracts come as the CFTC renews scrutiny of the prediction market’s compliance with its 2022 U.S. onboarding terms.…
Bank of England opens consultation on tokenized collateral for clearing
Central counterparties would need to show tokenized collateral meets liquidity and risk tests under proposed Bank of England guidance. Source:Cointelegraph