Category: crypto

After Binance founder Changpeng Zhao threatened Senator Elizabeth Warren with a defamation lawsuit, her legal team responded by pointing out that CZ pleaded guilty to facilitating money laundering. Warren’s lawyers dismissed the defamation claim, stating that her post was based on public records and could not be defamatory. Trump claimed he did not know Zhao,…

The Ethereum Foundation has introduced a new grant structure for the Ecosystem Support Program to promote innovation and adoption on the Ethereum blockchain. The program will now focus on a Wishlist and Requests for Proposals to align funding priorities with impactful projects. This change follows a brief pause in grant applications in August 2025.

Bitcoin saw nearly $1 billion in outflows last week, leading to a total $360 million retreat from the crypto sector after Jerome Powell’s rate-cut comments. U.S.-listed Bitcoin ETFs had the highest withdrawals, while Solana attracted $421 million in inflows. Other digital assets like Ethereum, XRP, and Litecoin also saw gains.

Hong Kong’s top market regulator will allow licensed crypto platforms to connect with global order books to increase market activity, aligning with its goal of becoming a leading digital asset hub in Asia. The new framework aims to improve price discovery and competitiveness, while ensuring compliance and mitigating risks.

Binance founder Changpeng Zhao has denied rumors linking him to the launch of a crypto bank in Kyrgyzstan called “Bereket Bank.” He clarified that he has no interest in operating a crypto bank, despite supporting crypto-banking relations. Kyrgyzstan recently launched its KGST stablecoin on the BNB Chain and plans a CBDC.

UAE residents can now mine Bitcoin without owning hardware through du’s new Bitcoin cloud mining platform, Cloud Miner. Users can rent computational power through an online auction, receiving 250 TH/s for 24 months with earnings automatically credited to their wallets. This launch reflects the UAE’s push for digital asset adoption and innovation in blockchain technology.

Gate has released a new proof-of-reserves report showing a total value of $11.67 billion and a reserve ratio of 124% across 500 types of assets. The exchange also announced its expansion into Australia, emphasizing compliance and user protection. Gate holds licenses in multiple regions, showing a commitment to global operations.

Balancer protocol was exploited, resulting in $116 million being stolen in the first major crypto hack reported in November. This incident adds to a trend of security breaches in the crypto sector, with over $88 million stolen in October across various platforms. Security concerns persist despite increased audits and monitoring.

Zerohash Europe has obtained MiCA authorization from the Dutch AFM, allowing the company to offer regulated crypto-asset and stablecoin services across the EEA. The approval enables Zerohash to provide infrastructure services to banks, fintechs, and payment platforms under a harmonized EU regulatory framework. The company’s recent funding round and potential acquisition by Mastercard reflect its…

The European Commission is considering giving ESMA more authority to oversee crypto exchanges and trading platforms across the EU. This proposal, expected to be published in December, aims to create a single regulator for these entities. However, not all regulators and industry participants are in favor of this centralized approach due to potential disadvantages and…