Streamex shares soar 20% on gold-backed stablecoin pre-sale launch
Streamex shares surged over 20% as the firm announced a pre-sale for GLDY, a gold-backed stablecoin offering 4% yield and targeting institutional investors. Streamex saw its stock surge over 20% on Monday after announcing a pre-sale for its upcoming gold-backed stablecoin, GLDY. The digital asset, designed to generate an annualizedContinue Reading
Crunch Lab’s decentralized AI network gains traction in real research
The decentralized AI network has already been used to achieve breakthroughs in cancer gene research and therapy by the Broad Institute of MIT and Harvard. Crunch Lab, the core contributor behind CrunchDAO, has raised $5 million in a strategic funding round to advance its decentralized artificial intelligence predictions network, aContinue Reading
Dubai regulator cracks down on 19 unlicensed crypto operators
Dubai’s crypto regulator sanctioned 19 companies for unlicensed operations and marketing violations, imposing fines of up to $163,000. Dubai’s crypto regulator fined 19 companies for operating without licenses, signaling a continued push to strengthen oversight and protect investors. On Tuesday, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it hadContinue Reading
Fasset wins Malaysia license for stablecoin-powered ‘Islamic digital bank’
Fasset received Labuan FSA approval to offer Shariah-compliant banking services powered by stablecoins, targeting Asia and Africa’s underserved markets. Fasset received a provisional license from Malaysia’s Labuan Financial Services Authority (FSA) to launch what the company said is the first stablecoin-powered “Islamic digital bank.” The license allows Fasset, an all-in-oneContinue Reading
EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors
The European Union is reportedly considering sanctions targeting A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. According to documents reviewed by Bloomberg, the proposed measures would bar EU-based entities and individuals from engaging directly or indirectly in transactions involving the token and would also target several banks in Russia,Continue Reading
Bitwise: Cryptocurrency Will Let Big Tech Compete With Big Banks
Hunter Horsley, CEO of Bitwise, anticipates that big tech companies will compete directly with big banks, as all companies converge to offer a comprehensive suite of financial services as part of their particular platforms. Crypto tech, through stablecoins and tokenization, will become a key enabler for this future. Bitwise AnticipatesContinue Reading
Fasset Receives Malaysian Approval to Operate Stablecoin-Powered Islamic Digital Bank
Fasset said on October 7, 2025, that it has secured Malaysian approval to provide banking services from Labuan’s regulatory sandbox for Islamic fintech, allowing the firm to offer full-service digital banking to its existing global user base of 500,000. The provisional license positions Fasset as the world’s first stablecoin-powered IslamicContinue Reading
Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro
Ondo Finance just put itself at the center of U.S. tokenized finance, closing its acquisition of Oasis Pro—a move that hands it an arsenal of SEC-regulated licenses and Wall Street credibility in one swoop. Ondo’s Bold Bet: Acquisition of Oasis Pro Fast-Tracks Tokenized Finance in the U.S. Ondo Finance hasContinue Reading
Gold rally implies $644K per Bitcoin in ‘equivalent value’ — VanEck
Gold hitting a new high of nearly $4,000 on Monday has analysts predicting an astronomical value for Bitcoin ahead of its next halving in 2024. Bitcoin could be worth half as much as gold by its next halving, slated for 2028, and the recent rise in gold prices would priceContinue Reading
US Bitcoin ETFs post 2nd-highest inflows since launch on crypto rally
US spot Bitcoin ETFs recorded $1.18 billion in inflows on Monday, their biggest day since early November 2024, when Donald Trump was elected President of the US. Spot Bitcoin exchange-traded funds in the United States clocked their second-biggest day of inflows in history as Bitcoin notched a new record highContinue Reading
What to expect as US government shutdown enters second week
The shutdown entered its sixth day on Monday, with the SEC, CFTC and other agencies operating with restrictions and limited staff. Many US federal employees have been furloughed, and others continue to work without pay, since lawmakers failed to pass a stopgap measure to fund the government last week, andContinue Reading
Ethereum ETFs Begin Staking as Institutional Demand for Yield Grows
TLDR: Grayscale’s Ethereum ETFs can now stake ETH, adding yield potential to traditional crypto investment vehicles. ETF liquidity rules may limit how much ETH gets staked since withdrawal queues can last up to 40 days. SharpLink stakes 100% of its ETH holdings, showing how corporate strategies differ from ETF requirements.Continue Reading
It’s not ‘too late in the game’ to get into crypto: Pantera exec
Bitcoin’s frequently rising price may have caused some investors to feel they missed the boat, but Pantera’s Cosmo Jiang says there’s still plenty of room on board.Continue Reading
US Bitcoin reserve funding ‘can start anytime’ — Senator Lummis
Crypto-friendly US Senator Cynthia Lummis said fundraising for a Strategic Bitcoin Reserve is mainly being held back by legislative “slog.” Crypto-friendly US Senator Cynthia Lummis has confirmed that acquiring funds for the US Strategic Bitcoin Reserve (SBR) can “start anytime” now, though legislative red tape is holding it back. InContinue Reading
Gold is just a breath away from $4K: Here’s what it means for Bitcoin
Gold futures reached $4,000 per ounce for the first time amid surging demand for safe-haven assets. Analysts predict Bitcoin will follow suit. Gold prices have come within a few dollars of a milestone all-time high of $4,000 as investors escape to safe-haven assets — a trend that also looks bullishContinue Reading