Category: crypto

Changpeng Zhao denied involvement in a $35 million ASTER token transfer based on manipulated screenshots. Blockchain analysis confirmed the images were fake, with transactions mimicking recent sales. This instance involved fabricated images, unlike previous accusations linked to TST memecoin. Zhao criticized those spreading false information and emphasized the transparency of the blockchain.

XRP price is currently consolidating below $2.70 as investors await clarity on a potential U.S.-listed spot ETF launch by Canary Capital. The resistance at $2.70 remains crucial, with the possibility of a breakthrough leading to new long-term support. The XRP price is currently at $2.50, down 2.1% on the day.

HumidiFi, a top trading platform on Solana, is launching its native WET token on Jupiter’s DTF ICO platform, marking a significant development for both platforms. HumidiFi handles up to 40% of Solana’s DEX volume and has processed over $34 billion in transactions recently. The WET token launch on DTF introduces a new token sale format…

Fight Fight Fight LLC, linked to U.S. President Donald Trump, is in talks to acquire Republic’s U.S. operations. The deal would integrate the TRUMP token into crowdfunding and startup investing. This move follows Coinbase’s acquisition of Echo amid pro-crypto policy shifts. Republic’s investors include Galaxy Digital and Binance’s venture arm. Talks are ongoing, and if…

Ethereum ETFs experienced $81.44 million in net outflows on Oct 29, following two days of inflows. Fidelity’s FETH saw the largest outflow, while BlackRock’s ETHA had the only positive inflow. Technical indicators suggest weakening bullish momentum, with ETH needing to close above $4,000 to regain strength or risk dropping to $3,850 or $3,750.

Securitize partners with BNY Mellon to launch a tokenized fund offering exposure to AAA-rated collateralized loan obligations. BNY Mellon will safeguard the fund’s assets, while Grove plans to anchor the fund with a $100 million allocation. This initiative expands the trend of RWA tokenization, following other similar projects in the market.

Hong Kong regulators have stopped five public companies from switching to digital asset treasury models to prevent inflated valuations. Securities and Futures Commission (SFC) is considering new guidelines for companies holding cryptocurrencies. Concerns arise about the risks and potential losses for retail investors in trading digital asset treasuries due to inflated share prices. Regulatory challenges…

YZi Labs, led by Changpeng Zhao, made its first AI investment by funding VideoTutor, an AI video education startup founded by Kai Zhao. The $11 million seed funding round included major venture capital firms. VideoTutor aims to provide personalized AI-driven lessons. YZi Labs has also recently invested in projects like USD.AI and Opinion.

Pi Network Ventures has made its first investment in OpenMind, a company developing a decentralized OS for robots. OpenMind is building OM1, an OS for robots, and FABRIC, a protocol for secure collaboration. A proof-of-concept experiment with Pi Network’s nodes showed the network can handle AI workloads. OpenMind plans to expand their development with Pi…

Ethereum co-founder Vitalik Buterin sold 275 trillion CAT tokens for $14,216 on Lifi Diamond, continuing his trend of offloading unsolicited memecoins sent to his wallet. He also received SPURDO and TWOGE tokens this week. The broader crypto market remains bearish, with Ethereum trading below $4,000 and $812 million liquidated in 24 hours.