JPMorgan Expands JPM Coin to Ethereum for Institutions
Update (Oct. 20, 4:35 am UTC): This article has been updated to include comments from a JPMorgan spokesperson. JPMorgan Chase, the world’s biggest bank by market capitalization, is expanding its JPM Coin deposit token to Ethereum.In an…
Binance Reopens XRP Withdrawals While Ripple Mints $110M in RLUSD in One Go
Key TakeawaysRLUSD’s market cap stands near $2.56 billion, with about 859 million tokens issued on the XRP Ledger.Binance began reopening withdrawals across nine networks, including the XRP Ledger, at 04:00 UTC on Nov. 3.Uphold now offers…
U.S. tech sell-off spills into crypto: Solana slides to $89.63 as AI spending fears mount
Following the U.S. midterm elections, U.S. tech stocks experienced a sharp sell-off, especially after investors grew increasingly anxious over the political and economic landscape and questioned whether heavy capital flow into AI…
French Hill Wins Reelection, Faces Loss of House Committee Chair
House Financial Services Committee Chair French Hill, a key Republican ally of the cryptocurrency industry, has won reelection in Arkansas but is expected to lose his committee chairmanship after Democrats won control of the House of…
Blockchain Is ‘Perfect Solution’ for AI Agent Trust, VeChain CEO Says
AI agents could drive blockchain’s next adoption cycle by creating demand for systems to verify their identities and reputations, according to VeChain co-founder and CEO Sunny Lu.Autonomous AI agents operating around the clock would require…
Binance’s Spot Market Share Drops to 42% After $6.3B Hack as OKX Gains
Binance's own asset estimate stood at $157 billion on Monday, down from $171 billion.
Binance handled about 42% of spot crypto trading on the top 10 exchanges over the…
Ether ETF October Outflows Near $1.1B as ETH Price Drops 9.7%
The cash drain from US spot Ether exchange-traded funds (ETFs) rolled on as the funds surpassed $1 billion in withdrawals so far in October.Ether ETFs net outflows totalled $1.08 billion since the start of October after adding $26 million…
Trump-Linked Tokens Crash as Democrats Win Midterms
Key TakeawaysTrump-linked tokens dropped as much as 11% following Democrats’ midterm victories, while bitcoin rebounded.TRUMP and MELANIA remain down 98% and more than 99%, respectively, from their all-time highs.Democrats could investigate…
TAO crypto on the rise? Here’s how Bittensor subnet revenue 2x-ed to $70M!
Bittensor has had a good day over the last 24 hours. A really good one, actually. What’s going on behind the scenes?
Bittensor subnets hit $70 million in annualized revenue
Part of the excitement might just come down to money really…
UK FCA Opens Consultations Under New Regulatory Regime
The UK’s Financial Conduct Authority (FCA) announced two consultation periods for how companies using decentralized finance can comply with its guidance, and exclusions for certain crypto assets following “recent legislative changes.”In a…