Nevada regulators issued a cease-and-desist order dated October 22 towards crypto custodian Fortress Trust, now often known as Elemental Financial Technologies Inc., citing the agency as on the verge of insolvency with a liquidity place “wholly insufficient to fulfill buyer obligations.” According to Bloomberg, the state’s Financial Institutions Division discovered Fortress owes purchasers greater than…
Bitcoin mining has grow to be extra aggressive and resource-intensive in 2025. Rising electrical energy prices, risky BTC costs, and the demand for environment friendly {hardware} make profitability a rising problem. However, miners can enhance revenue by specializing in 4 key areas: electrical energy value administration, gear optimization, cash-flow stability, and capital effectivity. Insights from…
Australia’s crypto adoption charge reached 31% in 2025, up from 28% in 2024, placing the nation among the many world’s most crypto-engaged populations, as cell pockets utilization indicators present exercise extra centered on buying and selling and hypothesis than in different creating international locations, in line with a16z’s State of Crypto 2025 report. The findings…
Three addresses linked to the Trump staff acquired a $4.2 million airdrop of $MET tokens from Meteora simply hours after a federal class-action lawsuit accused the protocol’s co-founder, Benjamin Chow, of orchestrating pump-and-dump schemes utilizing Trump household endorsements. Blockchain analytics agency Arkham Intelligence identified the recipients because the TRUMP token developer tackle and two addresses…
Sen. Elizabeth Warren on Thursday sharply criticized President Donald Trump’s decision to pardon Binance founder Changpeng Zhao, calling it an instance of political corruption that Congress should handle. Her feedback adopted reviews that Zhao, identified extensively as CZ, had sought nearer ties with Trump’s circle in latest months. According to the Wall Street Journal, Zhao…
Polymarket bettors’ odds of Changpeng ‘CZ’ Zhao returning to Binance noticed a rise from Friday morning following information that U.S. President Donald Trump pardoned the Binance founder on Thursday. Polymarket Bettors Place Bets On CZ’s Potential Binance Return In a poll on Polymarket’s website labeled “Will CZ return to Binance by December 31,” odds that…
White House AI and Crypto Czar David Sacks says he believes the U.S. is in an “glorious place” to move market construction laws forward of the top of the 12 months. David Sacks Expresses Optimism Over Key Crypto Bill In an October 23 X publish, Sacks stated he believes that the U.S. could also be…
Turkey has emerged because the Middle East and North Africa’s largest cryptocurrency market, recording practically $200 billion in annual transactions, in response to new knowledge from Chainalysis. The nation’s quantity surpasses all others in the area, accounting for practically 4 instances that of the United Arab Emirates (UAE), which ranks second with $53 billion. Source:…
A heated debate has emerged within the crypto neighborhood after Binance founder Changpeng “CZ” Zhao claimed that tokenized gold, regardless of its rising recognition, isn’t really “on-chain.” His remarks got here in response to gold advocate and longtime Bitcoin critic Peter Schiff, who just lately introduced plans to launch a blockchain-based tokenized gold platform. Gold’s…
Blockchain isn’t a proof of idea anymore — it’s turning into monetary infrastructure in 2025. In Q3, legacy establishments quietly crossed the road from testing to constructing. A brand new report exhibits that banks, fee networks, and cloud suppliers — from SWIFT and to Google Cloud and Visa —at the moment are leveraging blockchain at…