Australia proposes leverage caps for crypto-settled derivatives

ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets. Source link

Strategy Adds 250 Bitcoin as Holdings Reach 848,250 BTC

Strategy bought 250 Bitcoin for $21.5 million last week, marking a second consecutive weekly decline in purchases as its Bitcoin holdings reached 848,250 BTC. The company funded $21 million of the purchases through sales of its common stock and the remaining $500,000 with existing cash between Monday and Sunday, according to an announcement published on…

XRP Ledger Defends Emergency Patch Amid Criticism

XRP Ledger developers have defended the emergency security patch used to fix a bug capable of creating XRP beyond the network’s fixed supply, saying they could not wait for the network’s usual two-week validator vote without exposing the flaw to attackers. The fix, released on Sept. 25, came three days after a bug bounty report,…

Kraken Parent Receives VARA Approval for UAE Expansion

Payward, the parent company of cryptocurrency exchange Kraken, has received approval from the Virtual Assets Regulatory Authority (VARA) for its local entity, Payward FZCO, to provide crypto services. At launch, Kraken’s clients in the United Arab Emirates (UAE) will be able to access spot and margin trading in UAE dirham (AED)-denominated pairs and make direct…

U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead

U.S. inflation data will test the interest-rate outlook this week ahead of the Federal Reserve’s October meeting. Investors currently expect the central bank to keep interest rates unchanged an increase in December. Third-quarter bank earnings will provide a separate check on lending, trading activity and investor demand. In crypto, Ethereum developers discuss upcoming upgrades, while…

South Korean bank launches Bitcoin-backed business loans: Report

Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral. Source link

DATA Network to migrate to Sui, retire its own chain

DATA Network, formerly known as Story, is planning to retire its independent blockchain and move its AI training data protocol to Sui, backed by a $30 million investment from Sui Foundation. The project’s Trace registry, which launched in June, will join the Sui ecosystem, while Walrus, a decentralized storage platform in the Sui ecosystem, will…

CFTC Proposes New Crypto Framework Rules After Failed CLARITY Vote

US Commodity Futures Trading Commission (CFTC) Chair Michael Selig said that the agency will move forward on crypto regulation at the direction of President Donald Trump “with or without legislation” from Congress.  Speaking at the Fordham Law Blockchain Regulatory Symposium on Monday, Selig announced proposals giving crypto companies the option to operate under the CFTC’s…

Ledger Attack Spreads to EU, AI Finds ’18 Trillion XRP’ Bug: Hodler’s Digest

Ledger implant exploit reportedly spreads to Europe after $93.4 million in losses from Asian reseller A tampered Ledger attack that has already seen an estimated $93.4 million taken from Asian hardware wallet users, has reportedly spread to Europe. X user Johannes has presented photographs of a tampered Ledger he said he purchased two weeks ago…

Everyone wants SCOTUS to take up prediction markets: State of Crypto

Dodd’s brief then took issue with the CFTC’s argument that it has “exclusive jurisdiction” over these products. “Nor is the CEA’s grant of ‘exclusive jurisdiction’ to the CFTC an express preemption provision immunizing every contract listed on a DCM from otherwise applicable state and tribal law. Rather, it identifies the CFTC as the federal regulator…