Category: crypto

Sequans Communications, a Bitcoin treasury firm, plans to reverse split its American Depositary Shares (ADSs) to remain listed on the New York Stock Exchange and attract larger institutional investors. Each ADS will soon represent 100 ordinary shares instead of 10. This move aims to meet compliance requirements and appeal to funds that only invest in…

The Securities and Exchange Commission is shifting U.S. crypto oversight towards formal rules, with proposals on digital asset sales, broker-dealer treatment, and potential crypto trading on national exchanges. The agency is working on streamlining disclosures and reducing compliance burdens, while also coordinating with the Commodity Futures Trading Commission. Enforcement has changed, with cases against Coinbase…

TRON DAO and NEAR have announced a collaboration to integrate NEAR Intents on the TRON blockchain, enabling seamless swaps for users and developers. NEAR Intents simplifies blockchain complexity, allowing for cross-chain transfers without wallet setup. This partnership aims to increase adoption of blockchain technology and drive the next phase of Web3 adoption.

Blockchain technology is expanding to include Pokémon trading cards as a new asset class. Despite being tied to physical logistics, the market for tokenized Pokémon cards is growing rapidly, with platforms like Courtyard and CollectorCrypt seeing significant increases in trading volume. This shift blurs the line between collectibles and gaming.

Coinbase CEO Brian Armstrong revealed that nearly half of the exchange’s daily code output is now generated by artificial intelligence. He stated that about 40% of code produced at Coinbase comes from AI tools, a figure expected to exceed 50% by October 2025. Armstrong emphasized the importance of human oversight and responsible use of AI-generated…

Hackers are using Ethereum smart contracts to hide malware in npm packages, making it difficult to detect and remove. ReversingLabs found two malicious packages that accessed a contract on Ethereum to download additional malware, part of a larger campaign discovered in 2024. Steps to protect against these attacks include preventing lifecycle scripts during installation and…

Ripple targets Africa as a key market for its RLUSD stablecoin, partnering with fintech firms to increase accessibility. Projects in Kenya focus on climate challenges. Stablecoins are gaining popularity in Africa, with reports showing they make up a significant portion of crypto transactions, aiding in bypassing foreign-exchange shortages and facilitating international transactions.

The CFTC approved prediction market platform Polymarket to resume US operations through a no-action letter to QCX LLC. Despite recent controversies over market resolution mechanisms, the approval allows Polymarket to operate event contracts while complying with federal regulations. The platform paid $1.4 million in 2022 and accelerated its return efforts in July.

The Federal Reserve Board will host a payments innovation conference on Oct. 21 to discuss stablecoins, DeFi, and tokenization. Governor Christopher Waller emphasized the focus on technological advancement to improve payment system safety and efficiency. The conference follows discussions on stablecoins and regulatory clarity, reflecting the Fed’s support for digital payment systems.

Billionaire investor Ray Dalio believes the U.S. is in the late stages of a debt cycle that could threaten the dollar as the world’s reserve currency. He predicts increased demand for Bitcoin, gold, and other limited-supply assets. Dalio also warns of the weakening value of fiat currencies and the potential for major global financial changes…