Category: crypto

YouTube temporarily suspended XRP commentator Oscar Ramos for covering the Ripple Swell event, citing “harmful” content. This incident reignited memories of YouTube’s 2019 “crypto purge,” where digital asset channels were wrongly deleted. Many in the crypto community criticized YouTube’s lack of transparency and consistency in moderating crypto content.

AMINA Bank’s Austrian subsidiary has obtained a full MiCA license, allowing it to offer regulated trading, custody, and portfolio management services to professional investors across the European Union. This move marks the bank’s expansion into the EU crypto market, catering to institutional clients seeking compliant exposure to digital assets.

Crypto.com and Hollywood.com have partnered to launch a new prediction market product targeting entertainment fans. The offering will include prediction contracts on movies, actors, shows, and other entertainment-related events. This move comes as prediction markets experience significant growth, with companies like Polymarket and Kalshi also making strides in the space.

Sygnum Bank predicts crypto markets will face macro pressures in Q4, but Ethereum may be gearing up for a significant rally. Altcoins suffered from recent market conditions, but there is still potential for a reversal. Treasury demand for altcoins and improving regulations hint at a positive outlook for the crypto market.

Dogecoin price dropped to nearly $0.16 as the cryptocurrency market experienced a significant dip on November 3. Analysts predict a potential dip to lows of $0.14 for DOGE. The decline was influenced by comments from a Federal Reserve official on interest rates, causing Bitcoin and Ethereum to also slide.

Chainlink is integrating Chainalysis’s real-time risk data into its oracle network to automate compliance enforcement across blockchains. This partnership combines Chainalysis’s KYT intelligence with Chainlink’s Automated Compliance Engine, allowing users to act on risk alerts programmatically and automatically enforce compliance policies across different blockchains.

Bitcoin mining hashrate reached a record high in October at 1.13 Zh/s, with increased participation from Kazakhstan and the Middle East. However, mining profitability fell by 7% due to rising block difficulty. Additionally, energy prices increased, leading to a decline in daily revenue and forcing miners to struggle to stay afloat.

Kraken has expanded its European offering by allowing clients to use BTC, ETH, and stablecoins as collateral for futures trading on its regulated platform. This move makes Kraken one of the first regulated exchanges in the EU to support crypto-collateralized derivatives under full regulatory compliance, improving capital efficiency for traders.

Ripple has acquired Palisade, a wallet and custody firm, to enhance its institutional services. The acquisition will integrate Palisade’s technology into Ripple Custody and Payments, expanding its reach to fintechs, corporates, and crypto-native firms. This move follows Ripple’s previous acquisitions of GTreasury and Hidden Road to strengthen its digital asset infrastructure.

StakeWise recovered most of the stolen assets from the recent Balancer exploit, returning $19 million worth of osETH to affected users. The exploit drained over $128 million by abusing a Balancer smart contract flaw. StakeWise’s swift action marks a rare success in the aftermath of a major decentralized finance attack.