Category: crypto

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.

Morocco’s Digital Morocco 2030 strategy, launched with a $1.1 billion budget, aims to establish the country as a global digital hub by leveraging AI and blockchain technologies. The initiative targets job creation, improved public services, and increased digital export revenues, while fostering innovation and attracting global tech companies to its growing ecosystem.

Bitcoin (BTC) shows an 83% correlation with global liquidity, making it the top asset class in this regard. It tends to rise with liquidity expansion and correct during contractions. While its correlation weakens over shorter periods, understanding liquidity’s role alongside on-chain metrics can aid in forecasting Bitcoin’s price cycles.

SEC Chair Gary Gensler confirmed that Bitcoin is classified as a commodity and not a security, amidst ongoing regulatory scrutiny of cryptocurrencies. He criticized the crypto industry for ignoring existing regulations, while Ethereum’s status remains uncertain. Gensler emphasized the need for stronger regulatory frameworks to build investor trust in the market.