What Happened In Crypto Today

Today in crypto, Crypto.com CEO Kris Marszalek has denied that it kept a 2023 user data leak a secret from regulators, the first regulated China stablecoin launches as global stablecoin race heats up and Nasdaq-listed Flora Growth will rebrand to ZeroStack after raising $401 million to support 0G. Crypto.com says report of undisclosed user data…

Arthur Hayes Sold Hyperliquid For Ferrari

BitMEX co-founder Arthur Hayes has sold off his entire Hyperliquid (HYPE) stash  — seemingly, for a Ferrari —  just a month after he tipped the token to surge around 126x over the next three years. “Need to pay my deposit on the new Rari 849 Testarossa,” Hayes wrote on Sept. 21.  The post came after…

Bitcoin Mining Difficulty Hits New All-Time High Again in September

The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s…

Armstrong Outlines Vision for Firm to Evolve Into a Financial Super App

Brian Armstrong, a co-founder and the CEO of Coinbase (COIN), said in an interview on Friday that Coinbase’s long-term goal is to be a financial “super app,” offering crypto alongside a broad range of financial services beyond traditional banking. Armstrong, speaking on Fox Business’ “The Claman Countdown,” told Liz Claman that momentum in Congress is…

‘These Fiat Arguments Regarding OP_RETURN Need to Go’ — Jimmy Song

Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade, calling it “fiat” mentality. Song accused the Core developers of deflecting user concerns about removing the OP_Return limit, which is…

DAOs Must Replace Crypto Cult Leaders

Opinion by: Houston Morgan, head of growth and business development at ShapeShift Crypto was never supposed to turn out like this. The promise was decentralization, self-sovereignty and the end of gatekeepers. Far too many crypto firms still worship personalities and momentum rather than implementing fair governance and structure. The irony is stark. A movement built…

First China Stablecoin Launches Amid Digital Geopolitical Race

The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong…

Bitcoin Eyes Further Gains to $120K as BTC Price Reclaims Key Level

Key takeaways: Bitcoin’s weekly close above $115,000 signals bullish strength.  BTC’s bull flag breakout could trigger a rally to $120,000. Bitcoin (BTC) may see further upside over the next few days after BTC/USD ended the second week in the green above $115,000, according to analysts. Why Bitcoin is bullish above $115,000 Bitcoin price completed its…

First China Stablecoin Launches Amid Digital Geopolitical Race

The first regulated stablecoin tied to the international version of the Chinese yuan (CNH) meant for foreign exchange markets, and a South Korean won (KRW) stablecoin launched this week as the global stablecoin race heats up. Financial technology company AnchorX debuted its AxCNH yuan-pegged stablecoin on Wednesday at the Belt and Road Summit in Hong…

‘These Fiat Arguments Regarding OP_RETURN Need to Go’ — Jimmy Song

Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade, calling it “fiat” mentality. Song accused the Core developers of deflecting user concerns about removing the OP_Return limit, which is…