Asian stocks tumble, bitcoin retreats as China enters bear market
Technology shares led regional losses as mixed U.S. earnings unsettled investors and Brent crude climbed above $112 a barrel.
CoinDesk
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China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme
Chinese prosecutors are seeking to confiscate more than 61,800 Bitcoin tied to a $5.7 billion fraud scheme, days after a U.K. court ruled Chinese law governs victims’ claims to the coins.
Solana’s biggest network change since 2020 is live. Here’s how users benefit
The new voting system targets settlement in about 150 milliseconds, potentially shortening waits for payments and deposits. Users can keep their existing wallets.
Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.
XRP Ledger bug fix moved to November after validator support dipped for two hours
The fix lost its two-week countdown less than two days from the finish after support slipped to 26 of 35 validators. It’s now back at 31.
Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves
BTC broke through its $84,000 ceiling late Wednesday, then slid back to the $82,500 support analysts are watching as tech futures fell.
Trump to throw spotlight on overseas crypto abuses at White House event
The president is hosting a cybercrime event that will highlight U.S. authorities' efforts to crack down on crypto scams run by foreign criminal organizations.
How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal
The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data.
Bybit will look for big broker partnerships to take on Robinhood in the U.S.
When it comes to the U.S., Bybit will look to work with with someone like Interactive Brokers (IB), for example, said CEO Ben Zhou.
Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Real-world assets already back the largest stablecoins, yet borrowing against them onchain still runs through variable-rate pools. Peter Gaffney of O2O Capital Partners explains why fixed-rate, fixed-term lending is the missing piece, and how a 5% shift in Sky and…
Why centralized exchanges refuse to list legacy crypto tokens without explicit SEC immunity
Vault12 raised $17.45 million selling VGT in 2018 and says it met or dropped every promise, yet the token has never traded on a centralized exchange.
Japanese visitors may be able to pay with yen stablecoins in South Korea under Shinhan-SBI pact
The collaboration will explore card-linked merchant payments for Japanese visitors in South Korea and peer-to-peer wallet transfers among broader cross-border trade remittances.