Friday, October 16

Crypto

Bybit Faces Compliance Hurdles With Neobank Push

Bybit’s push to offer neobank-style services is testing how far crypto exchanges can expand into traditional finance (TradFi), highlighting regulatory hurdles and a growing reliance on licensed banking partners.Bybit CEO Ben Zhou announced the exchange’s push into retail banking on…

DOJ Finalizes 0M Helix Forfeiture in Early Bitcoin Darknet Case

The United States Department of Justice (DOJ) finalized the forfeiture of over $400 million in cryptocurrency and other assets tied to Helix, an early Bitcoin-era darknet mixing service, according to a statement released Thursday. The assets were seized from Larry Harmon,…

Trump Set to Name Kevin Warsh Next Fed Chair: Report

US President Donald Trump is expected to nominate Bitcoin-friendly Kevin Warsh as the next chair of the Federal Reserve when he announces his pick on Friday.Trump said on Thursday that he will be announcing his pick to replace the central…

Circle Says Stablecoin Infrastructure Updates to Spur Use

Stablecoin issuer Circle Internet Group plans to focus on building more durable infrastructure throughout 2026 to spur greater adoption among companies and institutions.Circle chief product and technology officer Nikhil Chandhok said in a blog post on Thursday that the company…

Bitcoin ‘Massive Rotation’ Is On The Rocks: Benjamin Cowen

Bitcoin’s price downtrend may not be as short-lived as many holders anticipate, says crypto analyst Benjamin Cowen.“Bitcoin’s likely going to keep bleeding against the stock market,” Cowen said in a video on Thursday, adding that strong expectations of a “massive…

Securitize Reports 841% Revenue Surge In SPAC Filing

Tokenization platform Securitize said its revenues are up over 840% to September 2025 in a new filing to go public that moves ahead with its plan to merge with a blank-check company backed by Cantor Fitzgerald.Securitize Holdings said in a…

Unclaimed ETH From The DAO Hack To Be Used For Security Fund

Unclaimed Ethereum tokens from the infamous 2016 hack on The DAO will be redirected into a new security fund aimed at strengthening the network, says Ethereum advocate Griff Green.“There’s a lot of money just sitting in random contracts that were…

Bybit Rebounds After Hack as Crypto Trading Volumes Climb in 2025

Bybit saw the second-highest trading volumes among crypto exchanges last year, making a “slow but steady comeback” after suffering a $1.5 billion hack in February 2025, says CoinGecko.Bybit‘s trading volume reached $1.5 trillion in total during 2025, and its share…

US CFTC to Partner with SEC on Agency’s ‘Project Crypto‘

Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced that the agency would join the efforts of the Securities and Exchange Commission’s Project Crypto.In remarks prepared for an SEC-CFTC discussion on harmonizing the agencies’ approach to digital…

Talos Extends Series B to 0M with Robinhood, Sony Backing

Digital asset infrastructure provider Talos raised a $45 million extension to its Series B funding round, valuing the company at about $1.5 billion.The extension included new strategic investors such as Robinhood Markets, Sony Innovation Fund, IMC, QCP and Karatage, alongside…

Copper Explores IPO as Crypto Custody Draws Wall Street Interest

Digital asset custodian Copper is reportedly weighing an initial public offering (IPO) shortly after rival BitGo debuted on the New York Stock Exchange, underscoring growing institutional appetite for cryptocurrency infrastructure companies. Citing sources close to the discussions, CoinDesk reported Thursday that…

Bitcoin Longs Reach 2-Year High At Bitfinex: Bullish Or Bearish?

Key takeaways:Bitfinex Bitcoin margin longs hit 2-year highs, but arbitrage suggests this isn’t a purely bullish price indicator.Bitcoin price drops as tech stock valuations and gold gains drive investors toward cautious, risk-averse behavior.Bitcoin (BTC) price plummeted to its lowest level…

21Shares Lists JitoSOL-Backed Solana ETP in Europe

21Shares has launched a Jito-staked Solana exchange-traded product in Europe, offering listed exposure to the SOL token with staking embedded.The 21Shares Jito Staked SOL ETP will trade under the ticker JSOL in US dollars and euros and is listed on…

Escape Velocity Raises M DePIN Fund Even as Crypto VC Slows

Crypto-focused venture capital firm Escape Velocity has raised nearly $62 million to invest in decentralized physical infrastructure network (DePIN) projects, signaling continued venture interest in the sector despite a broader slowdown in crypto and technology funding.As first reported by Fortune…

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