South Korean business officers are as soon as once more voicing issues that the crypto exchange Upbit could also be a de facto monopoly, with smaller rivals’ market presence changing into “insignificant.” The South Korean newspaper Seoul Kyungjae reported that, per knowledge from the regulatory Financial Supervisory Service (FSS), Upbit’s share of complete home crypto…
74% of collaborating Polymarket bettors predict that the U.S. authorities shutdown will proceed previous October 15, a brand new ballot on the decentralized prediction web site exhibits. Government Shutdown Will Drag On To At Least 10/15, Polymarket Bettors Say According to the poll titled “When Will The Government Shutdown End,” almost three-quarters of Polymarket bettors…
Opendoor Technologies will settle for Bitcoin and crypto for house purchases, CEO Kaz Nejatian confirmed on October 5, 2025. The announcement got here by a social media change when Nejatian responded to a person suggestion about crypto funds by stating, “We will. Just want to prioritize it.“ Wish we might allow house shopping for on…
A brand new Russian-linked stablecoin, A7A5, has surged to a $500 million market capitalization, turning into the world’s largest non-U.S. greenback stablecoin regardless of a number of worldwide sanctions. The stablecoin, issued in Kyrgyzstan and pegged 1:1 to the Russian ruble, now accounts for roughly 43% of the whole $1.2 billion non-dollar stablecoin market, in…
In a pointed essay titled “Let’s Build Open Highways, Not Railroads,” Stellar Development Foundation CEO Denelle Dixon has warned that the blockchain trade dangers repeating historic monopolies if non-public firms proceed constructing closed, vertically built-in networks. Dixon drew a parallel between the railroad monopolies of the Eighties and the rising discipline of corporate-controlled blockchains. “We’re…
Standard Chartered has warned that over $1 trillion may movement out of emerging-market (EM) banks and into stablecoins by 2028, as adoption of dollar-pegged crypto belongings accelerates globally. In a report published Monday, the financial institution’s Global Research unit stated rising adoption of stablecoins may set off one of many largest structural shifts in fashionable…
Galaxy Digital has formally launched GalaxyOne, a new buying and selling platform that mixes crypto, inventory, and money administration instruments for U.S. buyers. The app introduces high-yield financial savings and funding choices, together with an 8% annual proportion yield (APY) reserved for accredited buyers. Today, GalaxyOne formally launches, precision-built for particular person buyers who anticipate…
Brazil has emerged as Latin America’s undisputed crypto chief, fueled by a mix of monetary pragmatism, regulatory readability, and the speedy rise of stablecoins as sensible monetary instruments. A report from Chainalysis exhibits that between July 2024 and June 2025, Brazilian customers obtained an estimated $318.8 billion in digital property, almost one-third of all crypto…
DeFi lending protocol Abracadabra has fallen sufferer to a different exploit, shedding roughly $1.8 million in MIM tokens in a classy assault that leveraged a flaw in its “cook dinner” perform. The breach marks the third main hack linked to Abracadabra this 12 months, deepening considerations in regards to the platform’s contract safety. Earlier in…
DeFiLlama has eliminated perpetual futures quantity information for Aster, a decentralized trade backed by figures linked to former Binance CEO Changpeng Zhao, after detecting buying and selling volumes that mirrored Binance’s almost 1:1 throughout a number of buying and selling pairs. Co-founder 0xngmi announced the delisting on October 5, 2025, citing considerations over information integrity….