Category: crypto
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Sora Ventures joins Columbia Teachers College initiative to integrate web3 tech in education, policy
: Sora Ventures has joined the advisory board of CDGA at Teachers College, Columbia University, supporting efforts to integrate web3 and emerging technologies into global education and policy. The firm made a donation to fund research and educational programs, with a focus on interdisciplinary collaboration and responsible innovation in line with UN priorities.
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Crypto whale loses $6M to sneaky phishing scheme targeting staked Ethereum
A crypto whale lost over $6 million in staked Ethereum and Aave-wrapped Bitcoin due to a phishing scheme involving malicious signatures. Attackers exploited the Permit function, draining assets without triggering red flags. This incident highlights the increasing trend of phishing campaigns in the crypto space, urging users to be cautious.
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Elizabeth Warren probes Justice Department over Binance 2023 settlement terms
Senator Elizabeth Warren, along with Senators Mazie Hirono and Richard Blumenthal, demanded details from Attorney General Pam Bondi about whether Binance is complying with its 2023 settlement agreement. The senators criticized federal prosecutors for inadequate responses and lack of confirmation on Binance’s adherence to ongoing requirements. Prosecutors are considering removing Binance’s compliance monitor, and there…
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XRP ETF predicted to drive $8 billion inflow
REX-Osprey will launch the first US spot exchange-traded fund tied to XRP today, with the potential to attract billions in institutional inflows. Analysts predict the XRP ETF could bring in $4-8 billion within its first year, potentially pushing XRP’s price to $4-$8. Regulatory delays and market volatility could impact these projections.
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BNB price reaches new all-time high above $1000 for the first time
BNB reached a record high of over $1,000 on Sept. 18, with a 12% weekly gain and a 42% year-to-date increase. BNB is a token from Binance, used for transaction fees and governance. Binance co-founder Changpeng Zhao reflected on the milestone, thanking the community. Regulatory developments and institutional interest are driving BNB’s price.
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Bitcoin’s cycle clock points to a final high by late October, will ETFs rewrite history?
Bitcoin price is near $117,000 after the Federal Reserve cut interest rates by 25bps. The 1,065-day post-halving window is approaching, with Axios suggesting a “final high” may occur. ETF demand, policy tone, and miner economics will impact Bitcoin’s path into late November. The market is watching for signals of a potential cycle peak.
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DBS Bank to accept tokenized $736M fund for repo collateral as RLUSD goes live on DDEx
Ripple has partnered with DBS Bank and Franklin Templeton to introduce trading and lending tools built around tokenized collateral and stablecoins. The collaboration aims to bridge traditional markets with blockchain-based liquidity. Franklin Templeton plans to expand its token interoperability by launching sgBENJI on the XRP Ledger.
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After USDT’s global victory Circle’s USDC battles Tether’s USAT in $650B USA showdown
Tether dominates the stablecoin market with a $171 billion market cap. They recently introduced the USA₮ stablecoin to compete with USDC under U.S. law. The GENIUS Act sets new regulations for stablecoins. USDC and USAT are expected to compete for market share in the coming years. Visa and PayPal are expanding stablecoin settlement options. Merchant…
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CME Group targets institutional traders with new Solana and XRP options
CME Group will launch options tied to Solana and XRP futures by Oct. 13. The options will be available on standard and micro contracts with weekly expiries, meeting demand from institutions and traders. These options provide flexibility for investors to hedge risks or leverage price movements. Liquidity in Solana and XRP futures has been growing,…
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Elizabeth Warren raises ethics concerns over White House crypto czar David Sacks’ tenure
Democratic lawmakers are questioning whether David Sacks, President Trump’s “crypto and AI czar,” has exceeded the time limits of his temporary White House appointment, raising concerns about ethics violations. Sacks, a venture capitalist, has ties to Silicon Valley that may pose conflict-of-interest issues if he is no longer within the bounds of his appointment.