Bloomingbit Newsroom

Japan Accelerates Stablecoin Push as Toshiba, 25 Others Join EJPY Pilot

Toshiba is among 26 companies, financial institutions and local governments participating in a pilot project to explore use cases for the yen-denominated stablecoin EJPY. Japanese blockchain outlet NADA News reported on September 25 that the Japan Bl

Bitget Says Ethereum, XRP and Other Tokens Were Affected by Hack; No Timeline for Withdrawal Resumption

Global digital-asset exchange Bitget disclosed the scope of losses about 12 hours after a security incident. The company said its cold wallets were not affected by the attack and that withdrawals will resume once safety checks are complete. On Sept.

Hyperliquid’s Share of Global Perpetual Futures Open Interest Hits Record 10.9%

Hyperliquid, a decentralized derivatives exchange, has reached a record share of the global perpetual futures market. According to Hypeflows on September 20, Hyperliquid accounted for 10.9% of global perpetual futures open interest, marking the highe

Avalanche Jumps Ahead of Helicon Mainnet Upgrade, Tops $10 Intraday

Avalanche (AVAX) jumped ahead of the Helicon mainnet upgrade. As of 1:40 p.m. on Sept. 20, Avalanche was trading at $9.58, up 12.67% from a day earlier, according to CoinMarketCap. It briefly topped $10 earlier in the session. The Helicon mainnet upg

Reform UK Eyes Digital-Asset Workers Union to Counter Tighter Foreign Donation Rules

Reform UK, a pro-digital-asset political party in the U.K., is considering setting up a labor union for workers across the digital-asset industry to counter tighter rules on foreign political donations. Aaron Banks, a senior Reform UK figure, said th

Robert Kiyosaki Says 'Biggest Crash in History' Has Begun, Urges Holding Bitcoin

Robert Kiyosaki, the bestselling author of "Rich Dad Poor Dad," warned that the "biggest crash in history" has begun in global financial markets. Bitcoin.com reported on September 20 that Kiyosaki wrote on X, formerly Twitter, that "the biggest crash

Han Dong-hoon Says South Korea Should Delay Digital-Asset Tax Again Until Second-Phase Legislation Is in Place

Independent lawmaker Han Dong-hoon said South Korea should again delay taxation of digital assets, which is scheduled to take effect in January next year. He said investor-protection rules and tax infrastructure should be put in place before the tax

CFTC Pushes Ahead With Independent Crypto Rules After Senate Blocks CLARITY Act

The U.S. Commodity Futures Trading Commission is accelerating efforts to craft digital-asset regulations using its existing authority after the CLARITY Act failed to clear the Senate. Bloomberg reported on September 18 that the CFTC submitted a new p

Dragonfly Says Zcash Development Fund Is Sufficient, Should End After 2028

Dragonfly, a digital-asset venture capital firm, said Zcash's development fund should end after 2028. The debate over the fund's future appears to be intensifying as a recent rally in Zcash pushed its value close to $100 million. Haseeb Qureshi, Drag

Hyperliquid Climbs Past $90 to Record High in Intraday Trading

Hyperliquid's HYPE token is surging in intraday trading on the decentralized exchange. As of 7:30 p.m. on September 18, the token was trading at $90.06, up 12.83% from a day earlier, according to CoinMarketCap. The move marked a record high for Hyper

Bitcoin Tops $78,000

CFTC Eases Rules for Crypto Developers, Allowing Market Access Without IB Registration

The Commodity Futures Trading Commission said it will not require certain software developers to register as introducing brokers if they meet specified conditions. The move reduces the regulatory burden on companies developing crypto trading services

UK FCA Weighs Exempting Tokenized Gold From Fund Rules

The UK’s Financial Conduct Authority is considering removing tokenized gold from the scope of existing fund regulations. If it does, a separate regulatory framework for tokenized gold would likely be created. The Financial Times reported on September

U.S. Spot Bitcoin ETFs Post $463 Million Weekly Outflow, Ending Three-Week Inflow Streak

U.S. spot Bitcoin exchange-traded funds swung to net outflows for the first time in four weeks. Wu Blockchain, citing SoSoValue on Sept. 14, reported that spot Bitcoin ETFs posted total net outflows of $463 million from Sept. 7 to Sept. 11. That snap

Clarity Act May Gather Pace as Trump Also ‘Accepts’ Conflict-of-Interest Curbs

Hana Securities Signs MOU With Upbit Global on Digital-Asset, Finance Businesses

Hana Securities said Sept. 14 that it signed a memorandum of understanding with Upbit Global on Sept. 11 at its headquarters in Seoul's Yeouido district for business cooperation in the digital-asset and finance sectors. Under the agreement, the compa

Crypto Fear and Greed Index Falls to 57, Remains in Greed Territory

Alternative, a cryptocurrency data provider, said on September 14 that its Crypto Fear and Greed Index fell 4 points from a day earlier to 57. As of 9 a.m., Bitcoin was trading at $76,935 on CoinMarketCap, down 0.59% from the previous day. Altcoins w

Fed Poised to Raise Rates to Appease Wall Street, Critics Say

As the likelihood of another Federal Reserve rate increase rises, criticism is growing that any move this month would be driven more by financial markets than by inflation. CoinDesk reported on September 14 that Goldman Sachs revised its forecast to

Binance Meme Coin Lobster Jumps 254% Intraday

Lobster (LOBSTER), a meme coin on Binance, surged in intraday trading. As of 9:59 p.m. on September 12, the token was trading at 186.54 won on CoinMarketCap, up 253.87% from a day earlier. The rally lifted Lobster into the top 300 cryptocurrencies by

Mexico Uncovers Digital-Asset Mining Site Suspected of Drug Cartel Money Laundering

Mexican authorities have uncovered a large digital-asset mining site suspected of being used to launder money for a drug cartel. Reuters reported on September 12 that authorities found the clandestine mining facility in Puebla state and are investiga

Arthur Hayes Says Macro Conditions Matter More Than Technical Indicators for Bitcoin

BitMEX co-founder Arthur Hayes said he makes little use of technical indicators when investing in Bitcoin, relying instead on macro signals such as moves in U.S. stocks and broader market sentiment. Wu Blockchain reported on Sept. 12 that Hayes said

FTX, Alameda Unstake $20.62 Million Worth of Solana

Bankrupt crypto exchange FTX and affiliate Alameda Research have unstaked a large amount of Solana, on-chain data showed. Onchain Lens said on September 12 that addresses tied to FTX and Alameda recently unstaked 202,710 SOL and moved the tokens to w

Robinhood Chain Revenue Plunges 85%, Falls Below $1 Million for Third Straight Day

Robinhood Chain's daily revenue has plunged 85% from its recent peak. Odaily, citing DefiLlama data, reported that Robinhood Chain's daily revenue peaked at about $5.44 million on September 4 and has declined steadily since then. It fell to $841,178

US Cuts Strait of Hormuz Ship Escort Support Windows to Twice Daily as Costs Rise

The U.S. military has reduced ship escort support in the Strait of Hormuz, where Iranian attacks on commercial vessels have continued, to two windows a day, the Financial Times reported. The move appears to reflect mounting military and financial str

Metaplanet Cuts Executive Stock Options 41% After Shareholder Backlash

Metaplanet, a Japanese Bitcoin treasury company, has sharply scaled back an executive compensation program that had sparked shareholder dilution concerns. The company revised its original plan after investor backlash intensified. The Block reported o

Clarity Act Debate to Continue Even if Sept. 15 Senate Procedural Vote Fails

Debate over the Clarity Act is set to continue regardless of the outcome of the Senate's procedural vote on Sept. 15. Forbes reported on Sept. 11 that Cleve Mesidor, executive director of the Blockchain Foundation, expects congressional discussions o

NEAR AI Launches OpenAI-Compatible Cloud API

NEAR AI, the artificial intelligence unit of NEAR, has launched a cloud application programming interface compatible with OpenAI. NEAR AI said in a post on X, formerly known as Twitter, on Sept. 11 that its NEAR AI Cloud API is compatible with OpenAI

Ethena Expands USDe, sUSDe to Tron Network

Ethena's USDe and sUSDe are expanding to the Tron network. Cointelegraph reported on September 11 that Ethena announced support for USDe and sUSDe on Tron. Users can move USDe and sUSDe to Tron through cross-chain protocol Stargate Finance, where the

Albuquerque Bans All Digital-Asset ATMs, Says 90% of Transactions Are Tied to Fraud

Albuquerque, New Mexico's largest city, has banned all ATMs, or kiosks, that allow trading in digital assets such as Bitcoin, citing their use in fraud. Decrypt reported on September 11 that the Albuquerque City Council passed an ordinance on Septemb

Tether Says DOJ Confirmed Its Support in Freezing More Than $52 Million Tied to International Fraud Ring

Tether, the issuer of the USDT stablecoin, said it helped the U.S. Department of Justice crack down on an international digital-asset fraud network, resulting in the freezing of a large volume of digital assets. According to Tether, the Justice Depar