Metaplanet sold 10,000 Bitcoin and later repurchased 11,000 BTC during the third quarter, ending September with 44,000 BTC while using the unusual round-trip transaction to demonstrate that its cryptocurrency reserves can be converted into cash to meet financial obligations.The Tokyo-listed company sold 10,000 BTC for approximately $789.2 million, averaging $78,925 per coin, before buying 11,000
U.S. traders are set to get access to three-times leveraged Bitcoin and Ether products after the Securities and Exchange Commission approved a Cboe BZX rule change covering six Volatility Shares funds, pushing regulated crypto leverage beyond the 2x products currently available in the market.The SEC approved the proposal on Oct. 2 for the 3x Bitcoin
Bitcoin has slipped back below $87,000 after another attempt to break through the level failed, reinforcing the area as one of the most important near-term resistance zones for the world’s largest cryptocurrency.BTC climbed to approximately $87,000 during October 5 trading before retreating toward $86,000. CoinDesk reported that the move came within roughly $500 of Bitcoin’s
Zcash NU7 activated on the public testnet at block 4,465,026 on Monday, per CoinDesk, a day ahead of the roughly 6 October the Zcash Foundation had expected. The upgrade cuts target block spacing from 75 seconds to 25, routes 60% of every block’s transaction fees into a reserve, and retires the oldest shielded pool on
BYTEX, a next-generation agentic trading infrastructure company built by a Singapore-based technology group, has announced the appointment of Diana Pires as Co-Founder. Pires will lead the company’s commercial organisation, institutional partnerships and market strategy as BYTEX moves its open-source software into wider enterprise deployment.The appointment comes as BYTEX scales an infrastructure layer for AI, agentic
Hyperliquid has received its first 14.58 million USDC reserve-yield payment, marking the activation of a new revenue stream intended to finance HYPE token buybacks independently of the decentralized exchange’s trading volumes.Onchain data showed 14,580,777.21 USDC arriving at Hyperliquid’s system interest address on October 3. The payment represents the first distribution under the network’s AQAv2 framework,
Binance will introduce new controls on cross-border cryptocurrency transfers involving Brazilian users from November 1, requiring customers to disclose who is sending or receiving the assets and why the transaction is being made.The change does not amount to a blanket prohibition on moving cryptocurrency between Brazil and other countries. Instead, Binance is implementing requirements under Central
U.S. crypto ETF flows diverged sharply on Friday, October 2, with Bitcoin funds extending their rebound, Ether products remaining under redemption pressure and Solana ETFs returning to marginal inflows.Farside Investors currently reports $31.7 million of Bitcoin inflows, but that figure excludes BlackRock’s IBIT because its October 2 entry remains blank. An independent ETF dataset reports
OKX and New York Stock Exchange parent Intercontinental Exchange (ICE) are moving to launch a regulated tokenized-stock trading platform in the United States, filing with the Securities and Exchange Commission as Wall Street accelerates its shift toward blockchain-based securities.Their joint venture, OKXICE LLC, notified the SEC on October 4 that it intends to operate a
Blockworks is bringing its Digital Asset Summit to Singapore for the first time, placing a one-day institutional programme alongside TOKEN2049 at Marina Bay Sands. The speaker list includes executives from Hyperliquid, Coinbase Institutional, BitGo, Kraken, Binance, Fidelity Investments, BlackRock and Robinhood, with sessions focused on stablecoins, tokenised markets, decentralised finance, regulation and asset allocation.The move