Why Is Balancer Proposing to Shut Down? Balancer has proposed winding down its decentralized finance protocol and distributing remaining treasury assets to holders of its BAL token, marking a potential end to one of DeFi’s longest-running automated market makers.The governance proposal was posted by Marcus Hardt, a Balancer treasury council member and former CEO of
KuCoin has added two professionally managed products to KuCoin Wealth, opening strategies that span traditional and digital markets to eligible users from a minimum subscription of 100 USDT.The exchange, which describes itself as a leading global crypto platform built on trust, announced the launch on 15 September. The first product, All-Weather Multi-asset strategy – Principal
Kraken has introduced vaults that let eligible clients allocate SPYx, QQQx and NVDAx tokenized assets to onchain lending strategies. The exchange said in its announcement that yield accrues continuously and is paid in the same xStock deposited.The vaults are available through Kraken and Kraken Pro to eligible clients in the European Economic Area and other
How Did the Alleged Iranian Oil Network Use Crypto? U.S. prosecutors are seeking forfeiture of approximately $61 million in cryptocurrency allegedly generated through black-market sales of sanctioned Iranian crude oil and petroleum products, expanding Washington’s effort to cut off digital-asset channels used to move Iranian revenue.The Department of Justice said two Chinese companies, Blessed Trust
Broadridge has expanded its digital-assets platform into the United States, allowing broker-dealers, registered investment advisers and wealth managers to place cryptocurrencies and tokenized securities alongside traditional investments. The company announced the US rollout in a release after making the platform available in Canada.Anchorage Digital and Galaxy are the first named providers in the platform’s ecosystem.
A cluster of 19 interconnected Polymarket accounts won 41 of 42 bets tied to earnings of companies audited by KPMG, adding another potential insider-information episode to a prediction-market industry already facing two major U.S. criminal cases in the past five months.Blockchain analytics firm Bubblemaps identified fund flows connecting the accounts, which collectively earned about $22,000
The one-year grace period for businesses to align with the United Arab Emirates’ new Central Bank law reaches its end on September 16, placing financial and technology companies under a tougher licensing and enforcement regime that can impose administrative fines of up to AED 1 billion ($272 million).Federal Decree-Law No. 6 of 2025, concerning the
Cryptocurrency exchange CoinEx is shutting down after nearly nine years in operation, becoming the latest digital-asset business to retreat as weaker trading activity collides with increasingly expensive regulatory requirements.CoinEx announced the wind-down on September 15, saying a prolonged cryptocurrency market downturn, a significant contraction in industry trading volume and liquidity, and continuously rising regulatory requirements
Strive, the Bitcoin treasury company co-founded by Vivek Ramaswamy, purchased another 469 BTC for approximately $36.6 million last week, bringing its total holdings to exactly 25,000 BTC as Michael Saylor’s Strategy went a second consecutive week without buying Bitcoin.The Nasdaq-listed company acquired the Bitcoin between September 8 and September 11 at an average price of
Uniswap has processed more than $70 billion in trading volume over the past month, extending its position as the largest decentralised exchange by spot volume.The protocol said on September 12 that it had handled more volume than the next three DEXs combined, citing DeFiLlama Research data. Contemporary data placed Uniswap’s rolling 30-day volume at approximately