Monday, October 12

Business

Nigel Farage Accepted Gifts from Crypto Casino Player

Reform UK leader Nigel Farage reportedly accepted gifts that he did not publicly disclose from a crypto entrepreneur convicted of fraud in the US, according to The Sunday Times. The news outlet reported on Saturday that Farage was gifted staff, security,…

Trump Memecoin Puts 1M Holders at Losses of .8B

Nearly 1 million buyers of Official Trump (TRUMP), US President Donald Trump’s memecoin, have lost a collective $3.8 billion on the token as of the end of June, newly reported analysis shows.As of the end of last month, 988,905 TRUMP…

Europe Warns AI Threatens Financial Stability

European regulators and central bankers have warned that rulemaking cannot keep pace with rapid advances in agentic artificial intelligence and have called for guardrails to protect the financial system. Bank of England deputy governor Sarah Breeden is one of several central…

South Africa’s Tax Authority Proposes Crypto Tax Guidance

South Africa’s tax authority has proposed new guidance that clarifies how crypto assets are taxed under existing income and capital gains tax frameworks.The South African Revenue Service (SARS) on Wednesday published draft guidelines on crypto asset taxation, applying South Africa’s…

Binance Sees .23B Outflows as ETH Withdrawals Surge

Binance, the world’s largest crypto exchange by trading volumes, recorded a sharp surge in weekly outflows as Ethereum withdrawal activity climbed to a multi-year high.According to DefiLlama data viewed by Cointelegraph on Sunday, Binance saw $1.23 billion in net outflows…

Vitalik Buterin Unveils New ‘Lean Ethereum” Strawmap

Ethereum co-founder Vitalik Buterin has named quantum resistance, scalability and privacy as three of Ethereum’s top priorities under a new “Lean Ethereum” strawmap, which lays out the network’s technical direction for the remainder of the decade. In a post to X…

Moonbeam Pivots From Polkadot to Base to Build AI Agents

Polkadot-based interoperability protocol Moonbeam said it is pivoting to Ethereum layer 2 Base to launch an AI agent communication and settlement network, aimed at capturing a share of the emerging market. “This is a pivot to the most exciting frontier in…

Kraken Expands Tokenized Stocks into Leveraged Trading

Crypto exchange Kraken has begun accepting select tokenized stocks and exchange-traded funds (ETFs) as collateral for futures and margin trading, allowing eligible users to open leveraged positions without selling their holdings.The feature initially supports 10 tokenized stocks and ETFs, including…

Kalshi, Polymarket Hit Rcord June trading on World Cup

Kalshi posted a record month for trading volume in June as the 2026 FIFA World Cup fueled activity across prediction markets.DefiLlama data shows Kalshi recorded nearly $9.4 billion in trading volume in June, up from about $5.3 billion in May.…

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