Monday, October 12

Business

Revolut Notifies Customers of USDT Delisting

Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns.In a Friday customer notice seen by Cointelegraph, Revolut said users will no…

Tim Draper Denies Moving BTC After Coinbase Transfer Claim

Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large BTC transfer to Coinbase Prime.“Haven’t touched my BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin…

US Law Enforcement Groups No Longer Opposes CLARITY Act

The Major County Sheriffs of America reportedly said it no longer opposes the CLARITY Act after initially raising concerns over how the bill would affect illicit finance investigations.In a letter to US Senate Banking Committee chair Tim Scott and Senator…

Bitcoin Realized Profit Loss Ratio Falls to 43-Month Low

Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said.The Bitcoin realized P&L ratio — which…

Zcash Ironwood Timeline Pressured by Software Migration

Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and wallets may not have enough time to prepare their systems for the planned activation in late July. Jason McGee, executive…

SOL Tops  As Solana Network Activity Surges

Key takeaways:Solana’s tokenized assets and memecoin revival drove SOL to a 30-day high at $83.Bullish leveraged appetite cooled sharply, suggesting traders are hesitant to bet on further gains to $90.Solana’s SOL token jumped to its highest mark in over 30…

Belgian Police Arrest Phishing Gang Leader Tied to 2K in Stolen Funds

Belgian authorities arrested a 19-year-old suspected of being a key figure in a European phishing and money-laundering network that stole more than 500,000 euros ($572,000) using fake government emails and phone calls to trick victims into installing remote-access software.Authorities detained…

US Senator Calls for Ban on Elected Officials Issuing Memecoins

Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump’s and First…

ESMA Says Many Prediction Market Contracts Fall Under Existing EU Rules

The European Securities and Markets Authority (ESMA) has warned that many prediction market contracts may already fall under existing restrictions on binary options, saying companies cannot avoid financial regulations simply by marketing them as “event contracts.”In a public statement on Friday,…

Strategy’s Bitcoin Shift, Open USD Launch, Fidelity Weighs In

For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed.  The company authorized up to $1.25 billion in Bitcoin sales under a new capital framework. At current prices, that equates…

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