Blockchain services firm Apex Fusion is set to launch Vector, a high-performance, Cardano-aligned blockchain designed for institutional users entering the Web3 space. Vector is a peer-reviewed, UTxO-based blockchain testnet with institutional-grade throughput and a claim of instant transaction finality. It will officially launch at the Rare Evo conference on Saturday, Apex Fusion said in a…
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Paul Grewal, chief legal officer at major crypto exchange Coinbase, met this week with Priyank Kharge, the IT minister of India’s Karnataka state, as the US-based crypto exchange seeks to expand its role in India’s growing digital infrastructure. Grewal publicly thanked Kharge in a Wednesday X post, saying he “is excited to explore how Coinbase…
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Key points: Corporate Bitcoin treasuries such as Strategy’s are predicted to drain OTC desks and then exchanges. The resulting supply imbalance will “uncork” BTC price action. In the meantime, profit-taking is still a major priority for existing hodlers. Bitcoin (BTC) demand from over-the-counter (OTC) desks and exchanges will “uncork” BTC price growth, a new forecast…
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Japanese financial giant SBI Holdings plans to launch the country’s first dual-asset cryptocurrency exchange-traded fund (ETF), offering exposure to both Bitcoin and XRP. In its earnings report Thursday, the company outlined plans for two crypto-based ETF products. The first product proposal combines gold and crypto asset ETFs bundled into a trust. According to the company,…
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London-listed tech firm Satsuma Technology has locked in 163,660,000 British pounds ($217.6 million) in gross proceeds from its second convertible loan note round, with nearly $125 million settled in Bitcoin, to boost its Bitcoin treasury strategy. The raise, which closed on July 28, overshot its minimum $129 million target by more than 63%, driven by…
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Key takeaways: Bitcoin onchain metrics converge around $105,000, signaling a hidden risk zone. Elevated open interest keeps BTC’s market structure at risk of sudden volatility. Bitcoin (BTC) remains in a ranging environment on Wednesday, after a brief retest from the demand zone between $112,000-$113,000. At the moment, BTC is attempting to break above the descending…
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The Smarter Web Company, a publicly traded UK-based company holding Bitcoin on its corporate balance sheet, raised $21 million through a Bitcoin-denominated bond offering, marking a rare move in British capital markets. In a Wednesday London Stock Exchange announcement, The Smarter Web Company disclosed it had launched a Bitcoin-denominated bond that has already raised 15.8…
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A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took to drain $3 million worth of USDt (USDT) from an investor who failed to verify the contract address…
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The United Kingdom’s financial regulator lifted a ban on crypto exchange-traded notes (cETNs) for retail investors in a move welcomed by industry leaders as a step toward aligning the UK with global crypto markets as a digital asset hub. On Friday, the UK’s Financial Conduct Authority (FCA) reversed the ban on retail access to cETNs,…
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China warned of the increasing use of biometric data by crypto-linked projects, cautioning that iris-scanning programs operating under the guise of digital asset distribution may threaten personal privacy and even national security. In a public security bulletin published Wednesday, China’s Ministry of State Security (MSS) outlined several emerging risks associated with biometric recognition technologies, including facial,…
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