Category: crypto

Polymarket is facing regulatory challenges in Romania, where it has been blacklisted for operating without a license. The company is preparing for a U.S. relaunch focusing on sports betting, with plans to comply with American regulations. Traders are taking the threat seriously, as shares of DraftKings and Flutter Entertainment fell in response.

Electric Coin Co. has released its roadmap for the fourth quarter of 2025, focusing on Zashi privacy upgrades and multisig wallet integration for Zcash. The company aims to reduce technical debt, improve privacy, and enhance dev fund security. ZEC’s price has soared to $409, with a 971.1% gain over the past year.

MEXC unfroze $3.15 million in funds after public backlash and apology from CSO Cecilia Hsueh. Crypto trader The White Whale offered to serve as an unpaid advisor to help rebuild trust. White Whale defended Hsueh against false rumors and urged community integrity. Hsueh accepted the offer to create a more transparent MEXC.

NFT sales dropped 28% to $98.18M, but buyers increased by 22.86%. DMarket fell by 34.09%, BAYC surged 108%, and Ethereum led in sales. CryptoPunks #8407 had the highest individual sale at $413,469.94. Ethereum sales rose 19.72% to $41.72M. Bitcoin, Base, and Immutable also saw increases in NFT sales.

Thodex founder Faruk Fatih Ozer found dead in Turkish prison cell, suspected suicide. Ozer was serving an 11,196-year sentence for fraud and criminal activity. Thodex, a cryptocurrency exchange, collapsed in 2021 after a promotional campaign offering free Dogecoin. Ozer was captured after fleeing to Albania and extradited to Turkey in 2023.

T3 Financial Crime Unit froze over $300 million in criminal assets globally since its launch in September 2024. The unit collaborates with law enforcement agencies across 23 jurisdictions, targeting crimes like money laundering and terrorism financing. Binance joined the T3+ program to enhance cooperation in combating illicit blockchain activities.

The week of October 26 to November 1 saw $169.73 million in crypto funding across 13 projects. Hercle led with $60 million, followed by MegaETH at $49.95 million. Other projects like Bron, ZAR, and Standard Economics also secured multi-million dollar rounds.

Coinbase Global Inc. is in advanced talks to acquire BVNK, a London startup specializing in cross-border money transfers using stablecoins. The deal, valued between $1.5 billion and $2.5 billion, would be the largest in the stablecoin sector, signaling Coinbase’s move into the payments industry and reducing reliance on trading fees.

US stocks opened higher on Friday, with S&P 500 and Nasdaq Composite posting gains as Wall Street reacted positively to strong earnings from Apple and Amazon. Apple and Amazon stocks rose following their earnings reports. The market rebounded after losses on Thursday, with tech giants driving the positive sentiment.

Tether and its T3 partners have frozen over $300 million in criminal assets, marking a successful year-long effort against crypto money laundering and fraud across multiple continents. The unit targeted various crimes, with a significant role in Brazil’s Operation Lusocoin. The collaboration with law enforcement in 23 jurisdictions led to significant asset seizures worldwide.