Category: crypto

Gemini is looking to launch regulated prediction markets pending approval from the CFTC, expanding beyond crypto trading. This move would position the exchange against competitors like Kalshi and Polymarket. Analysts see prediction markets as Gemini’s next growth driver post-IPO, attracting new retail and institutional users.

Berachain Foundation recovered $12.8 million lost in the Balancer V2 exploit after halting and restarting its network. The recovery was achieved through collaboration with a white-hat hacker, with plans to redistribute funds to affected users. The incident raised concerns about DeFi security and audit limitations. StakeWise also recovered $20 million in stolen assets.

The Ether.fi community approved a $50 million buyback program for its ETHFI tokens to stabilize market price and increase long-term value. The buyback will be funded through treasury revenues, transparently executed on-chain, and received 99% community support. This move aims to reshape confidence in the native token and enhance its role in the DeFi ecosystem.

Canada will introduce legislation for fiat-backed stablecoins under its 2025 federal budget, allocating $10 million over two years for administration. This move follows the decision to drop plans for a central bank digital currency. Canada aims to modernize payments by integrating stablecoins into the financial system and amending the Retail Payment Activities Act for regulation.…

Former Australian rugby star Trent Merrin has been arrested for allegedly stealing AUD $140,000 worth of cryptocurrency using deceptive means. Police seized electronic devices during a raid. Australia has intensified its crackdown on crypto-related crime and tightened regulations. Merrin, a retired forward, faces charges and will appear in court in December.

Senator Cynthia Lummis advocates for a Strategic Bitcoin Reserve as a solution to America’s $37 trillion debt. She believes that Bitcoin can help offset the national debt and act as a hedge against inflation. Lummis recently introduced the BITCOIN Act of 2025, proposing a government-controlled Bitcoin reserve. The U.S. is rumored to already hold $14…

Liquid Capital founder Jack Yi highlights three key areas in the crypto market that he believes will transcend cycles: public chains, exchanges, and stablecoins. He recommends focusing on Ethereum, BNB, and Aster within each category. Liquid Capital, established in 2016, has invested in over 300 blockchain projects, primarily in DeFi, GameFi, and infrastructure.

Ripple’s stablecoin RLUSD has surpassed $1 billion market cap, ranking as the 11th largest stablecoin globally. The growth is attributed to retail adoption, Ethereum network usage, and institutional partnerships. Despite recent market cap losses in the stablecoin industry, RLUSD’s trading volume and integration with platforms continue to fuel its growth.

Investors are withdrawing funds from Ethereum ETFs, with outflows totaling $219.37 million over five consecutive days. BlackRock’s ETHA and Grayscale’s ETH saw the largest redemptions. Ethereum’s price is at $3,300, showing a 33.8% increase in trading volume. Market sentiment remains bearish amid uncertainty and capital flight.

Virtune, a Swedish crypto asset management company, has launched the Virtune Stablecoin Index ETP on Nasdaq Stockholm, Nasdaq Helsinki, and Deutsche Börse Xetra. This is the first stablecoin-focused exchange-traded product in Europe, backed by crypto assets held with Coinbase and reflecting growing institutional and retail interest in stablecoins.