Binance.US is reportedly seeking to raise as much as $100 million at a valuation of about $1 billion, putting a steep discount on the U.S. crypto exchange as it attempts to rebuild market share and expand into new products.The private fundraising is still being negotiated, and its size, valuation and investor lineup could change. Binance.US
Hyperliquid founder Jeff Yan is urging US regulators to oversee financial firms that operate markets on his blockchain rather than requiring the underlying network itself to register as a regulated exchange. The proposal could provide a route for Wall Street institutions to build trading businesses on Hyperliquid while keeping regulatory responsibilities with the companies that
Ripple Prime has expanded its institutional derivatives business with perpetual swaps tied to more than 100 traditional-market reference assets, giving clients round-the-clock exposure to equities, indexes, ETFs, metals, energy and foreign exchange.The contracts reference perpetual futures listed by Trade.xyz on Hyperliquid, while Ripple Prime acts as principal to its institutional clients. Trading and settlement are
Russia Sets July 2027 End for Retail P2P Crypto as Market Shifts to Licensed Intermediaries The Bank of Russia has confirmed that direct peer-to-peer cryptocurrency trades between individuals will remain legal only until July 1, 2027, after which residents will be allowed to transact in digital currencies only through authorized intermediaries or directly with them.The
VanEck has withdrawn its proposed Lido Staked Ethereum ETF, ending a plan to give U.S. investors direct exchange-traded exposure to stETH almost a year after the asset manager first filed for the product.In an October 14 filing with the Securities and Exchange Commission, VanEck Digital Assets requested withdrawal of the fund’s registration statement because it
Ledger has unveiled Atom, an Android-based security device that combines conventional apps with an isolated environment for signing crypto transactions, launching the product days after a hardware-tampering attack exposed a new weakness in the company’s reseller distribution model.The limited Founder’s Edition will cost $849, with buyers paying a refundable $100 deposit to reserve a device.
HEX lost more than 30% in 24 hours after Turkish media reported that project founder Richard Schueler, better known as Richard Heart, had been detained in Istanbul in connection with a Finnish investigation carried through an Interpol Red Notice.The token traded near $0.0006 on Thursday, reducing its market capitalization by more than $160 million from
The White House Crypto Council has lost its last known staff member following the departure of executive director Patrick Witt, creating a leadership vacuum as the Trump administration’s flagship cryptocurrency market structure legislation remains stalled in Congress.A White House official confirmed on October 14, 2026, that Witt’s temporary assignment had expired, ending his tenure as
Charles Schwab’s third-quarter 2026 earnings, scheduled for October 15, will offer investors their first full-quarter look at the brokerage since the introduction of Schwab Crypto, its direct cryptocurrency trading service for retail customers.The company began rolling out Schwab Crypto in May, initially supporting Bitcoin and Ethereum. The service gives customers access to digital assets alongside
StandX, the decentralized perpetual futures exchange co-founded by former Binance Futures head Aaron Gong, announced on October 15, 2026, that it will cease operations following a review of its business performance and market conditions, abandoning plans to launch a native cryptocurrency.The decision comes less than a year after the platform’s mainnet debut in November 2025.