BofA’s Hartnett Says AI Concentration Mirrors Run-Up to 2000 Dot-Com Bust

The concentration of investor money in artificial intelligence-related trades in the U.S. stock market now resembles conditions just before the 2000 dot-com bubble burst, according to a Bank of America analysis. BlockBeats reported on October 4 that

Aptos Rejects Shutdown Rumors as 'Baseless'

Aptos (APT) has forcefully denied rumors that it may shut down. BlockBeats and other outlets reported on October 3 that Aptos CEO Avery Ching addressed the claim in a post on X that day. He called the shutdown speculation a "baseless rumor." Posts on

Trump Family’s WLFI Launches $1.25 Million Staking Rewards Pool

World Liberty Financial, the cryptocurrency project linked to U.S. President Donald Trump’s family, is launching a $1.25 million staking rewards pool. World Liberty Financial said on its official X account on October 1 that it will launch a staking r

US Initial Jobless Claims at 197,000, Below Forecast

Bitcoin Posts 42.71% Third-Quarter Return, Best Q3 in Nine Years

Bitcoin's price gain in the third quarter climbed to its highest level in nine years. According to CoinGlass, Bitcoin posted a 42.71% return in the third quarter. That marked its strongest third-quarter performance since 2017, when it gained 80.41%.

Drift Foundation Freezes $9.2 Million in Hacked Funds; 107,165 Ether Remain Unmoved

The Drift Foundation has frozen $9.2 million of user assets stolen in a hack that occurred in April. BlockBeats and other outlets reported on October 30 that the foundation disclosed an update on efforts to recover funds tied to the April breach. Use

Hyperliquid’s Jeff Yan Says Self-Custody, Transparency Are Core to On-Chain Finance

Jeff Yan, co-founder of Hyperliquid (HYPE), said the core strengths of on-chain finance are self-custody and transparency, not 24-hour trading. BlockBeats reported on Sept. 30 that Yan made the remarks at Korea Blockchain Week, saying round-the-clock

US August PCE Prices Rise 3.4% From a Year Earlier, Below Forecast

Bitwise’s Spot NEAR ETF Draws $35.5 Million in Net Inflows on Debut

Bitwise’s spot exchange-traded fund tied to NEAR Protocol drew $35.5 million in net inflows on its first day of trading. According to BlockBeats, Bitwise’s spot NEAR ETF — the first such product launched in the US — recorded $35.5 million in net infl

Coinbase Teases Digital Pokemon Card Pack Service Linked to Physical Cards

Coinbase, the U.S. cryptocurrency exchange, is teasing a digital card-pack opening service linked to physical Pokemon cards. Bitcoin.com News reported on September 29 that Coinbase previewed the smartphone-based card-pack opening feature through its

Tom Lee Says Robinhood Chose Ethereum for Security and Liquidity

Tom Lee, chairman of BitMine, the world's largest corporate holder of Ethereum reserves, said U.S. trading platform Robinhood chose Ethereum as the foundation for its blockchain-based infrastructure because of its security and liquidity. In a recent

Solana Foundation Hires Former Binance CMO, Ex-Polygon Labs Executive to Strengthen Payments, Institutional Partnerships

The Solana Foundation has hired former Binance Chief Marketing Officer Rachel Conlan and former Polygon Labs executive Jameel Riaz. Cointelegraph reported on Sept. 24 that the foundation appointed Conlan as chief strategy officer and named Riaz head

US Initial Jobless Claims Total 197,000, Slightly Below Forecast

EBA Says Crypto Lending Should Be Brought Under EU’s MiCA Framework

The European Banking Authority said crypto lending services should be brought within the European Union’s Markets in Crypto-Assets, or MiCA, framework. BlockBeats reported on September 24 that the EBA, in comments recently submitted to the European C

US 10-, 30-Year Treasury Yields Rise to Highest Since 2007

U.S. 10-year and 30-year Treasury yields both rose to their highest levels since 2007. Odaily reported on September 23 that the benchmark 10-year Treasury yield rose 0.17 percentage point from the previous day to 5.14%, its highest level since 2007.

Oracle Expands Digital-Asset Data Service to Support CBDCs, Stablecoins

Oracle has expanded the capabilities of its digital-asset data service to help banks support tokenized deposits and stablecoin businesses. Oracle announced on September 23 that it will add features including customized wallets, smart-contract control

Multicoin Capital Moves 130,331 HYPE to Coinbase, Lifting Two-Month Deposits to 4.23 Million

Crypto investment firm Multicoin Capital has transferred a large amount of Hyperliquid (HYPE) to U.S. cryptocurrency exchange Coinbase. Lookonchain said on Sept. 24 that Multicoin Capital moved 130,331 HYPE to Coinbase Prime. The tokens were worth $1

EU Sets AI, Tokenization as Core Supervisory Priorities for Next Year

The European Union has designated artificial intelligence and tokenization as core supervisory priorities for next year. Cointelegraph reported on September 23 that the European Securities and Markets Authority said it had designated digital innovati

MoonPay to Acquire SEC-Registered North Capital in All-Stock Deal Worth More Than $60 Million

MoonPay, a U.S. cryptocurrency payments company, is acquiring North Capital, a U.S. private-market investment platform, to expand its tokenization business. CoinDesk reported on September 23 that MoonPay had signed an all-stock acquisition agreement

Crypto Market Cap Reclaims $3 Trillion for First Time in Eight Months as Leverage Warning Grows

Bitcoin’s recent surge has pushed the total cryptocurrency market capitalization back above $3 trillion for the first time in about eight months. Leverage in the derivatives market has also risen rapidly, fueling concerns over sharper near-term volat

Ruling Party's Park Min-gyu Says Launching Crypto Tax Next Year Is Premature, Warns of Confusion if Enforced

Hong Kong Pushes New Crypto Licensing Regime, Targets Bill Passage as Early as Year-End

Hong Kong is moving to introduce a new cryptocurrency licensing regime, targeting passage of related legislation as early as this year. Odaily and other outlets reported on Sept. 23 that Duncan Chiu, a member of Hong Kong's Legislative Council, made

Zcash Breaks Above $1,400 for First Time, Hits Record High

Zcash (ZEC) surged past $1,400, setting a new record high. According to CoinMarketCap, Zcash was trading at $1,427.73 as of 11:58 p.m. on September 17 in South Korea, up 14.62% from a day earlier. It has jumped 21.28% from a week ago. This is the fir

Robinhood CEO Says Tokenization Is Coming to US Markets After SEC Eases Rules

Robinhood Markets Inc. Chief Executive Officer Vlad Tenev welcomed the US Securities and Exchange Commission’s move to ease rules on tokenized securities. BlockBeats reported on September 17 that Tenev, commenting on the SEC’s decision that day to co

US Initial Jobless Claims Total 196,000, Far Below Forecast

Strategy Spends $950 Million Buying Preferred Stock Over Two Months as STRC Nears $100 Par

Strategy, the world’s largest corporate holder of Bitcoin, has spent $950 million buying back its own preferred stock over the past two months. Bloomberg reported on Sept. 16 that Strategy bought about 9.96 million shares of Stride (STRC) for $950 mi

El Salvador Holds 7,777 Bitcoin, Extends Daily Buying Streak to 916 Days

El Salvador’s government holdings of Bitcoin are nearing 8,000 tokens. Odaily reported on Sept. 17 that the government held a total of 7,777 Bitcoin as of that day. At current prices, the holdings were worth about $594 million. The government’s avera

Celsius Estate Sues BitMEX, Seeks Return of 6,360 Bitcoin Ahead of Shutdown

The bankruptcy estate of crypto lender Celsius has sued BitMEX, alleging wrongful liquidations and market manipulation during the March 2020 crypto market crash. Cointelegraph reported on Sept. 16 that the Celsius estate recently filed a complaint in

Theo Launches Tokenized Silver Product Based on Lease Commitments, Aiming to Diversify Returns

On-chain finance platform Theo has launched a tokenized silver product that offers returns based on silver lease commitments. CoinDesk reported on September 16 that Theo introduced thSLVR, a yield-bearing token linked to the price of silver. The prod

Apple Weighs AI Server Market Entry, Discusses Nvidia Technology Tie-Up

Apple is discussing a technology partnership with Nvidia as it considers entering the artificial intelligence server market, The Information reported. The technology news outlet reported on September 16 that Apple is reviewing whether to adopt Nvidia