BlackRock is planning a new income-focused Bitcoin ETF, the Bitcoin Premium Income ETF, and has begun the registration process with a Delaware trust filing. The ETF’s strategy is to generate returns by selling covered call options on Bitcoin futures, appealing to investors seeking yield over full exposure to Bitcoin’s priceContinue Reading
Two Texas brothers kidnapped a Minnesota family, stealing US$8 million (AU$12.23 million) in crypto. Victims were held for nine hours at gunpoint and forced to transfer cryptocurrency to the suspects. Authorities tracked and arrested the brothers in Texas; they face federal and state charges. Federal and state authorities have filedContinue Reading
Bitcoin fell 6% to US$109,277 as other major cryptocurrencies suffered even steeper losses. Market data reveals distribution currently leads over accumulation, with long-side liquidations rising and futures open interest falling from US$44.8 billion to US$42.7 billion. Long-term holders have realised profits on US$3.4 million BTC just as ETF inflows cooledContinue Reading
HSBC and IBM achieved a 34% improvement in bond trade prediction using hybrid quantum-classical systems. The trial, tested on European OTC bond market data, showed quantum’s edge over classical models. HSBC and IBM leaders said the breakthrough proves quantum computing is delivering real-world financial value. A pioneering trial in algorithmicContinue Reading
China’s central bank has launched a new international operation centre in Shanghai, purposed with increasing international adoption of the nation’s digital RMB central bank digital currency. The operations centre was first announced in June by the governor of the People’s Bank of China, Pan Gongsheng, and forms part of aContinue Reading
Aave’s upcoming V4 upgrade (Q4 2025) introduces a “hub and spoke” modular structure for lending, separating central liquidity from individual risk-profiled markets (spokes). The new design features dynamic risk settings and a “health-targeted” liquidation engine that sells only enough collateral to restore loan health, preventing mass liquidations. V4 enhances userContinue Reading
Ethereum co-founder Vitalik Buterin advocates for the adoption of verifiable, open-source infrastructure in critical sectors like health, finance, and governance. He warns that reliance on centralised, opaque corporate technology undermines public trust, creates risks of abuse and monopolisation, and fuels skepticism (e.g., in healthcare/vaccine distribution). Buterin argues that blockchain andContinue Reading
Australia introduced draft legislation to bring crypto platforms under the Australian Financial Services License (AFSL) regime, integrating them into existing financial services law. The proposal introduces two new categories—digital asset platforms and tokenised custody platforms, moving oversight for most exchanges from AUSTRAC to ASIC. The framework extends obligations to servicesContinue Reading
A report from crypto research firm, Chainalysis, has found that APAC is crypto’s fastest growing region, with on-chain value received surging over 300% since 2022. India was found to be the largest crypto market in APAC at US$338 billion on-chain value received, while Australia came in sixth at just overContinue Reading
World Liberty Financial, connected to the Trump family, is launching a debit card linked to its USD1 stablecoin that will integrate with Apple Pay for seamless everyday transactions. The WLFI debit card will complement a new retail app combining Venmo-style peer-to-peer payments with Robinhood-like asset trading capabilities on a singleContinue Reading