Category: crypto
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Ripple launches digital asset spot prime brokarage in the US
Ripple has launched a digital asset spot prime brokerage in the U.S., offering over-the-counter spot transactions for institutional clients, including XRP and Ripple USD. This expansion comes after acquiring Hidden Road and aims to provide a comprehensive offering for trading strategies. Ripple continues to expand its solutions in the blockchain ecosystem.
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Lolli onboards Slice to broaden its BitcoinFi footprint
Lolli has acquired Slice to expand its role in the BitcoinFi ecosystem, connecting passive earners to the Thesis ecosystem, including Mezo. The integration allows users to earn Bitcoin through online shopping and browsing, strengthening Thesis’s goal of building a sustainable financial stack on Bitcoin. This move comes as the BitcoinFi ecosystem exceeds $10 billion in…
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Strategy buys 397 more Bitcoin
Strategy Inc. continued to accumulate Bitcoin, adding 397 BTC to their holdings despite market volatility. They funded the $45.6 million purchase with $69.5 million raised through stock sales. With a total of 641,205 BTC, Strategy remains the largest corporate Bitcoin holder, surpassing Marathon Digital Holdings. Other companies, like Coinbase, are also increasing their Bitcoin holdings.
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OpenAI signs $38b cloud deal with Amazon to power AI models
OpenAI signed a $38 billion deal with Amazon Web Services to access computing power for its AI models. OpenAI will use Nvidia GPUs on AWS UltraServers. The deal raises concerns about an AI bubble due to the increasing valuation of AI firms and their capital expenditure not aligning with profitability.
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Senator Elizabeth Warren claps back at CZ over defamation claims
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,…
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Ethereum Foundation launches new ESP grants program model
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.
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Bitcoin bears $946m brunt of broader $360m crypto outflow
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.
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Hong Kong allows crypto exchanges to tap global liquidity
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.
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Changpeng Zhao refutes claims of a crypto bank launch in Kyrgyzstan
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.
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UAE’s second largest telecom provider Du launches Bitcoin cloud mining service
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.