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Ethereum scaling solution MegaETH plans to launch a public auction of its MEGA token on Oct. 27, offering 5% of the project’s total supply starting at a surprisingly low $1 million fully diluted valuation. The sale will be conducted on the crypto crowdfunding platform Sonar, which was recently acqui…
Bitcoin's slide below $100,000 "seems inevitable" by this weekend, according to Standard Chartered’s global head of digital assets research Geoffrey Kendrick, who said the decline could be short-lived and present a buying opportunity.Kendrick said bitcoin's rally to an all-time high above $126,000 o…
The National Hockey League has reportedly reached multi-year licensing agreements with Kalshi and Polymarket, the two leading crypto-focused predictions markets, in an industry-first move that adds pressure to traditional sportsbook companies like DraftKings.The deal is set to be announced today, ac…
U.S. retail corporation Bealls announced that it has started to accept cryptocurrency payments in its stores, in partnership with digital payments firm Flexa.According to the press release, the retail chain has integrated Flexa Payments, which allows it to accept more than 99 cryptocurrencies from o…
Coinbase Global has struck a deal to acquire Echo, an onchain private investment platform, for $375 million, the Wall Street Journal reported Tuesday, citing company executives.The WSJ report said Coinbase is using a combination of cash and stocks to fund the acquisition, with details to be revealed…
The Chinese government has stepped in to slow plans for several tech giants to issue stablecoins in Hong Kong, according to a recent report from the Financial Times, citing sources familiar with the situation. The tech giants include Ant Group, an affiliate of e-commerce giant Alibaba, and JD.com, a…
HM Revenue & Customs (HMRC), the UK tax authority, has sent out 65,000 letters to crypto investors suspected of owing taxes on their holdings, an increase of 134% compared to the year prior, according to a report from the Financial Times. Accounting firm UHY Hacker Young filed a Freedom of Informati…
Newsmax Inc (ticker NMAX), the NYSE-listed holding company behind the right-wing television station, announced late Thursday plans to create a digital asset treasury (DAT) built from bitcoin and the president's memecoin, Official Trump (TRUMP).The company's board authorized a strategic purchase plan…
Solana decentralized exchange aggregator Jupiter has unveiled the third version of its Ultra protocol, calling it “the most advanced end-to-end trading engine ever created.” According to Jupiter, Ultra v3 offers 34x better sandwich protection, “industry-leading performance” in terms of slippage, and…
Bitfarms Ltd., a North American bitcoin mining firm, announced Thursday it has priced an expanded offering of convertible senior notes, increasing the size to $500 million from $300 million proposed just one day earlier.The Nasdaq- and Toronto-listed company said in a statement that it will issue 1.…
BlackRock is rolling out a revamped money market fund designed to comply with the GENIUS Act as the world's largest asset manager positions to serve stablecoin issuers that must hold high-quality, liquid reserves under the new U.S. federal framework.The fund — BlackRock Select Treasury Based Liquidi…
Bitcoin traded slightly above the $110,000 support level after a 12% drop from last week’s record highs as whale selling, surging put demand, and renewed U.S.–China tariff tensions pressure markets, according to analysts.The leading cryptocurrency briefly slipped to $109,800 before recovering to $11…