Category: crypto

Transak has obtained six new state Money Transmitter Licenses in the U.S., bringing its total to 11 states. This will allow the company to conduct compliant fiat-to-stablecoin transactions directly in each jurisdiction, expanding access for fintechs, wallets, and enterprise partners nationwide. The licenses mark a significant step in Transak’s efforts to establish a nationwide regulatory…

SoFi Technologies is the first nationally chartered bank to offer in-app crypto trading for customers. The platform, SoFi Crypto, allows users to trade Bitcoin, Ethereum, Solana, and other cryptocurrencies. The move aims to provide secure and regulated access to crypto for both novice and experienced investors. Future plans include stablecoin and crypto lending services.

Chinese Bitcoin scammer Zhimin Qian has been sentenced to 11 years in prison for masterminding a $5.5 billion fraud scheme that impacted 128,000 victims in China. UK authorities seized 61,000 BTC from Qian following her arrest. The sentencing follows her guilty plea to money laundering charges in September.

Injective has upgraded its blockchain to support both Ethereum-based applications and its existing Cosmos-native dApps. Over 30 dApps and infrastructure providers have gone live on the upgraded mainnet. The new architecture allows for seamless interaction between applications running on different virtual machines, lowering barriers for developers and providing users with access to a broader range…

The U.S. Treasury Department and IRS have issued new guidance allowing crypto ETFs to participate in staking without tax issues. Staking rewards will be taxed as ordinary income to investors, not at the trust level. This could boost adoption, network security, and the launch of staking-enabled funds, benefiting both crypto and traditional finance markets.

CleanSpark plans to raise $1.15 billion through convertible notes to fund a share buyback and expand its AI and data center operations. The company’s shares have fallen 25% over the past month. CleanSpark aims to use the funds to strengthen its balance sheet and accelerate growth in various areas.

Gemini’s quarterly revenue increased by 52% to $49.8 million in Q3 2025 due to trading activity and new financial products. However, the company reported a $159.5 million loss, leading to a 6.18% drop in its stock price. Despite this, there is potential for recovery with the introduction of new services and partnerships.

The Senate Agriculture Committee has introduced a bipartisan bill to expand the CFTC’s oversight over crypto spot markets. The bill proposes registration requirements, investor protection mandates, self-custody protections, and exemptions for developers. It also includes provisions for customer fund segregation, conflict of interest safeguards, and interagency cooperation with the SEC.

Solana price is rebounding from support at $146 after breaking below its long-term ascending channel. Key resistance levels to watch are at $166-$169 and $190. Despite recent breakdown, SOL ETF inflows and improving macro sentiment could help SOL reclaim its channel if BTC and ETH regain strength.

Coinbase disclosed details about market maker agreements for the Monad ICO, revealing firms like Galaxy and GSR. The ICO will offer 7.5 billion MON tokens at $0.025 each, with team and ecosystem allocations. Market makers will receive 160 million MON in token loans. Contracts can be renewed monthly with oversight from Coinwatch.