Tidal Trust II has filed with the SEC to launch two leveraged ETFs that would provide daily returns of 150% to 200% on XRP and Solana. The funds will not hold the cryptocurrencies directly but will invest in derivatives, such as swaps and futures, tied to existing US-listed XRP andContinue Reading
The YZY token, launched by Kanye West (now legally Ye), experienced extreme volatility on the Solana blockchain, surging to a $3 billion market cap within 40 minutes before crashing. The collapse was followed by widespread allegations of insider manipulation, with on-chain data showing that insiders controlled as much as 94%Continue Reading
Bitget integrates Chainlink Proof of Reserve for BGBTC verification. Users gain real-time assurance that assets are fully backed. Integration strengthens trust after market volatility and reserve concerns. Bitget has integrated Chainlink’s Proof of Reserve on Ethereum to provide continuous verification for its wrapped Bitcoin token, BGBTC. This adoption ensures thatContinue Reading
Japan is expected to approve its first yen-pegged stablecoin this year through the Financial Services Agency to help stabilise the local financial system. South Korea’s Financial Services Commission plans to introduce a won-pegged stablecoin bill as early as October, working alongside the Virtual Asset User Protection Act. China is reportedlyContinue Reading
Eddy Alexandre and his platform EminiFX have been ordered to repay US$228.5M (AU$351.7M) to investors. An additional US$15M (AU$23.1M) in disgorgement has been imposed personally on Alexandre. The civil court ruling comes after Alexandre was sentenced to nine years in federal prison. A New York federal judge has directed EddyContinue Reading
The Federal Reserve’s latest minutes reveal a rare split decision, with Governors Christopher Waller and Michelle Bowman dissenting from the majority by advocating for a 25 basis-point rate cut. Despite the Fed’s cautious stance, Bitcoin and Ethereum shrugged off an initial dip, with Ethereum heavily outperforming BTC and regaining aContinue Reading
Wilder World, an Ethereum-powered metaverse project, has released its second major game mode, a high-intensity first- and third-person shooter, at Gamescom. The new shooter, available on the Epic Games Store, is part of a phased rollout to refine individual game modes before a full open-world metaverse launch planned for earlyContinue Reading
Chamath Palihapitiya has returned to the SPAC market with a new $250 million vehicle, American Exceptionalism Acquisition Corp A (AEXA), which will focus on companies in the AI and decentralised finance (DeFi) sectors. The SEC filing for the new SPAC states that while Palihapitiya has been a long-time proponent ofContinue Reading
Analysts remain divided on Bitcoin’s next move, with one side warning of potential market correction. Pav Hundal warns investors about Bitcoin’s technical weaknesses, recommending cautious portfolio management during volatility. Chiefy highlights ten specific altcoins as potential opportunities, positioning them for growth in the coming months. With Bitcoin hovering near recordContinue Reading
SkyBridge Capital will tokenise approximately US$300 million from two funds on the Avalanche blockchain, representing about 10% of its total assets under management. The tokenisation involves one cryptocurrency fund and one fund-of-funds structure, with CEO Anthony Scaramucci identifying 2026-2027 as pivotal years for this technology. Tokenisation creates blockchain representations ofContinue Reading
