Category: crypto

The UK government has introduced a new Cyber Security and Resilience bill to Parliament, expanding cyber regulations to more tech and service sectors. Noncompliant firms could face penalties, and the law targets AI misuse while aligning UK standards with EU norms. The bill aims to protect business and public from cyber threats.

Bitmine is aggressively buying Ethereum, with recent purchases totaling $49 million, aiming to build a large corporate crypto treasury. Chairman Tom Lee warns of weak market maker liquidity affecting crypto markets, with firms still recovering from October’s crash. Bitmine funds purchases through equity raises, cash reserves, and staking rewards.

Phemex is celebrating its 6th anniversary with a $6 million festival offering rewards like Rolex watches and iPhone 17 Pro Max prizes. The campaign runs from November 19 to December 19, 2025, with different venues offering rewards for trading behaviors. CEO Federico Variola emphasizes the platform’s growth and diversified ecosystem.

Prediction-market platforms Polymarket and Kalshi are expanding into web3 and global markets to find new revenue streams. They are seeking regulatory approvals and partnerships with sports organizations. The expansion plans were revealed at a private New York dinner attended by ICE CEO Jeffrey Sprecher. Both companies are exploring decentralized technologies and international venue partnerships as…

Coinbase has introduced Ethereum-backed loans for eligible U.S. customers, allowing them to borrow up to $1 million in USDC without selling their ETH. The service operates through Morpho on Coinbase’s Layer 2 network and is not available in New York. The loans must be maintained below an 86% loan-to-value ratio to avoid liquidation.

Kalshi raised $1 billion, reaching an $11 billion valuation. The company is growing rapidly with new partnerships and faces legal challenges at the state level. The funding round was led by Sequoia and CapitalG, with Polymarket as a growing competitor. Kalshi is expanding its reach and institutional partnerships.

JPMorgan analysts warn that Michael Saylor’s Strategy could lose $2.8 billion if it is removed from MSCI’s passive indices, with a potential further loss of $8.8 billion if other indices follow suit. The decision will be announced on January 15, 2026, and could have significant consequences for the Bitcoin treasury firm.

Numerai, a San Francisco-based hedge fund, has raised $30 million in Series C funding from university endowments and existing investors. With a valuation of $500 million, the AI-driven fund plans to expand its AI engineering, global data science tournament, and institutional products. The funding will help scale the fund towards nearly $1 billion in assets…

Tether is expanding in Latin America through the acquisition of Parfin, a digital asset custody platform. Latin America has seen significant transaction volume in crypto, making it an attractive market. Parfin offers custody, tokenization, and asset management solutions to institutional clients, bridging traditional finance and blockchain technology.

Tokyo-listed Metaplanet plans to issue $135 million worth of Class B perpetual shares to expand its Bitcoin reserves. The shares will have no voting rights but can be redeemed at listing. The firm currently owns 30,823 Bitcoin valued at $2.69 billion and plans to increase its holdings through the share issuance.