Category: crypto

Cantor Fitzgerald CEO Howard Lutnick urged regulators to recognize Bitcoin as a commodity, similar to gold and oil, citing their poor understanding of crypto regulation. He announced plans for a $2 billion Bitcoin financing service and expressed optimism that traditional financial institutions will soon engage with Bitcoin more freely.

John Deaton has earned the endorsement of the Stand with Crypto PAC in his challenge against Senator Elizabeth Warren for her Senate seat. The PAC supports pro-crypto candidates across parties, highlighting a growing bipartisan movement. Deaton advocates for blockchain transparency, contrasting Warren’s critical stance on cryptocurrencies, focusing on regulatory concerns.

A US judge ruled that software code used in crypto protocols like Tornado Cash isn’t protected by the First Amendment, rejecting arguments of free speech for developers. This decision impacts the crypto industry, particularly in defining money transmission, as developer Roman Storm faces trial for money laundering and unlicensed operations.

Hong Kong’s financial regulators plan to align OTC derivatives reporting, including crypto, with global standards by September 29, 2025. New rules will introduce Unique Transaction Identifiers and accommodate Digital Token Identifiers. The adoption of ISO 20022 XML aims for consistency and efficiency, reinforcing Hong Kong’s position as a leading financial hub.

D8X exchange has launched leveraged prediction markets on Polygon, allowing users to bet on events like the 2024 US presidential election and the 2025 Super Bowl. With a 2x leverage, D8X aims to provide an improved user experience while managing risks effectively. Other protocols like SynFutures and dYdX plan similar products.

BestChange is a premier crypto exchange platform that offers a wide range of cryptocurrencies and competitive rates. It features a user-friendly interface, online crypto exchanges, and extensive vetting of exchangers to ensure secure transactions. Ideal for beginners and seasoned traders, BestChange simplifies the buying and selling of digital currencies.

Truflation, a decentralized data firm, has issued a $500,000 bounty following a $5 million hack on September 25. The attack exploited vulnerabilities in its multi-signature wallets. While ongoing developments remain intact, staking services were temporarily paused. CEO Stefan Rust assured customer funds are secure as they collaborate with law enforcement.

TRON DAO participated as the Title Sponsor at TOKEN2049 Singapore, emphasizing blockchain security and community collaboration. Keynote speaker Dave Uhryniak announced the T3 Financial Crime Unit initiative. Justin Sun spoke at multiple events, showcasing TRON’s commitment to Web3 innovation and community empowerment, while engaging with industry leaders and attendees.

Guggenheim Treasury Securities issued $20 million in Digital Commercial Paper on Ethereum, rated P-1 by Moody’s. Partnering with Zeconomy’s AmpFi.Digital, it aims to enhance blockchain security. The tokenized US treasuries market exceeds $2 billion, attracting major firms like BlackRock and Franklin Templeton, signaling strong institutional crypto demand.

South Korea’s Personal Information Protection Commission fined Worldcoin and Tools for Humanity KRW 1.14 billion ($861,408) for violating the Personal Information Protection Act. The companies failed to disclose the purpose of collecting iris data, lacked consent for biometric information, and were not transparent about data transfers and retention.