Friday, October 16

Crypto

Revolut Seeks US Banking License Amid Global Push: Report

Crypto-friendly fintech unicorn Revolut plans to apply for a banking license in the United States, abandoning earlier plans to acquire a local lender as it seeks to expand its global presence, the Financial Times reported Friday.The United Kingdom-based fintech has…

Ethereum Foundation Forms Dedicated Post-Quantum Security Team

The Ethereum Foundation has made post-quantum security a central focus of the network’s long-term roadmap, announcing the formation of a dedicated Post Quantum (PQ) team.The new team will be led by Thomas Coratger, a cryptographic engineer at the Ethereum Foundation,…

How Will It Affect Bitcoin Price?

BTC price faces pressure as markets brace for a sustained rise in long-term yields driven by economic deficits, particularly in Japan.The gap between the United States’ longer-dated and shorter-dated bonds has widened to its highest level since 2021, signaling potential…

Grayscale Files for Spot BNB ETF With SEC

The product, if approved, would give US investors access to regulated BNB exposure without needing to hold the token themselves.Grayscale has filed with the US Securities and Exchange Commission to launch a spot exchange-traded fund tracking BNB, marking one of…

GameStop Moves 4,710 Bitcoin Signaling Potential Sale

GameStop has transferred its entire Bitcoin holdings to Coinbase’s institutional trading platform, sparking speculation that the video game retailer may be reconsidering its Bitcoin treasury strategy.“GameStop throws in the towel?” blockchain intelligence platform CryptoQuant asked in a post to X…

Democrats File Amendments to Crypto Market Structure Bill

US Democratic Senators working on crypto market structure legislation filed several amendments on Friday, including measures to address conflicts of interest with US officials profiting from the crypto industry.The ethics-focused amendments were filed ahead of the Senate Agriculture Committee’s markup for…

OCC Proceeds With Trump-backed WLF Bank Charter Application

The Office of the Comptroller of the Currency said no political or personal financial ties will impact the procedural review of World Liberty Financial’s bank charter application.The Office of the Comptroller of the Currency has knocked back US Senator Elizabeth…

SEC Drops Civil Action Over Gemini’s Lending Program

The SEC was satisfied with Gemini’s agreement to contribute $40 million toward the full recovery of Gemini Earn investors’ assets lost as a result of the Genesis bankruptcy.The US Securities and Exchange Commission’s civil lawsuit against Gemini Trust Company and…

CertiK CEO Says Company is Definitely Eyeing an IPO

Speaking from Davos on Thursday, co-founder and CEO Ronghui Gu said a CertiK public listing would represent a significant advancement for companies involved in Web3.Blockchain security company CertiK is keeping the door open to a future initial public offering, according…

Binance Hints at Offering Tokenized Equities after Five Years

Cryptocurrency exchange Binance has confirmed plans to bring tokenized equities back to its platform, returning to stock-linked digital assets for the first time since 2021.In a statement to Cointelegraph on Friday, a spokesperson for Binance said “exploring the potential to…

Paradex Refunds 0K After Maintenance Bug Triggers Liquidations

Onchain derivatives platform Paradex refunded $650,000 to about 200 users after a maintenance-related software error triggered unintended liquidations across multiple markets.According to a Friday post-mortem shared on X by Paradex, the incident occurred during a planned 30-minute database upgrade on…

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