Tag: Crypto
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Crypto Fundraising Hits Record $3.5 Billion in Single Week Amid Bitcoin Surge
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Crypto Investments Surge to All-Time High Crypto fundraising reached unprecedented levels last week, with companies raising $3.5 billion across 28 funding rounds. The surge occurred before a sudden market crash on Friday. Data from Cryptorank revealed that the week spanning 6 October to Sunday marked the highest weekly fundraising ever, surpassing the previous peak of…
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Hyperliquid Opens Door to Permissionless Perpetual Futures with HIP-3 Upgrade
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Hyperliquid, a decentralised exchange (DEX), has launched a major infrastructure upgrade that enables anyone to create and deploy their own perpetual futures markets, marking a shift towards fully permissionless financial engineering in decentralised finance (DeFi). The Hyperliquid Improvement Proposal 3 (HIP-3), activated on mainnet following its testnet debut in late September, removes the need for…
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Blockchain Beyond Crypto: How Decentralized Technology Is Transforming Supply Chains, Healthcare, and Governance
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Blockchain technology, once synonymous with cryptocurrencies like Bitcoin, has evolved into a transformative force across various sectors. Its decentralized nature, coupled with transparency and security, is reshaping industries such as supply chain management, healthcare, and governance. This article delves into how blockchain is revolutionizing these fields, providing real-world examples and insights. 1. Revolutionizing Supply Chains:…
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India Criticises ‘Unbacked Crypto’ as RBI Prepares to Launch New Digital Currency
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India has reiterated its cautious stance on cryptocurrencies such as Bitcoin while unveiling plans for a new digital currency backed by the Reserve Bank of India (RBI). The move reflects the government’s preference for sovereign-backed digital finance over private crypto assets, which it continues to tax but not officially support. RBI to Introduce New Digital…
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Today in Crypto: Record Inflows, Stablecoin Shake-Up and DeFi Data Drama
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The cryptocurrency market saw major developments today, from record-breaking fund inflows to a potential shake-up in traditional banking, and a delisting controversy in the DeFi space. Here’s a look at the top stories shaping the digital asset landscape. Crypto Funds Record Historic $5.95 Billion Inflows Cryptocurrency investment products have seen their biggest-ever weekly inflows, reaching…
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Crypto Venture Capitalists Turn Cautious, Move Beyond Trend-Driven Investments
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Crypto venture capitalists are shifting gears in 2025, moving away from speculative trend-chasing toward more measured, data-driven investments. According to Bullish Capital Management director Sylvia To, the industry has entered a new phase of restraint, where “throwing money at the next big thing” is no longer the norm. A More Careful Approach to Crypto Investments…
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Sam Bankman-Fried Calls Handing Over FTX His “Biggest Mistake”
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Sam Bankman-Fried, the jailed founder of the collapsed cryptocurrency exchange FTX, has claimed that his “single biggest mistake” during the company’s dramatic downfall was handing control of the firm to its new management. The decision, he said, destroyed his last chance to save the company before it declared bankruptcy. The Decision That Changed Everything In…
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Kazakhstan Balances Digital Tenge and Evo Stablecoin in Push to Lead Central Asia’s Crypto Market
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Kazakhstan is advancing a dual-track approach to digital assets by piloting its central bank digital currency (CBDC), the digital tenge, alongside a state-backed stablecoin called Evo. The move underlines the country’s ambition to become Central Asia’s leading hub for cryptocurrency and blockchain innovation. Evo Stablecoin Joins Digital Tenge Pilot In September, the National Bank of…
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Bitcoin Futures Turn Aggressively Long as $110K Gap Remains Unfilled
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Bitcoin futures traders are showing renewed bullishness this October as whales return to the market. Fresh data highlights a sharp rise in buy volume, even as the unfilled $110,000 gap on the Chicago Mercantile Exchange (CME) continues to attract traders’ attention. Futures Buyers Drive Market Momentum October has brought a surge in futures buy volume,…
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Crypto Round-Up: Visa Trials Stablecoins, SEC Offers Clarity on DePIN Tokens, Kazakhstan Launches State-Backed Fund
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The cryptocurrency sector witnessed a series of major developments today. Visa introduced a pilot using stablecoins to speed up cross-border payments, the US Securities and Exchange Commission (SEC) clarified its position on Decentralised Physical Infrastructure Network (DePIN) tokens, and Kazakhstan unveiled its first state-backed crypto fund in partnership with Binance. Visa Pilots Stablecoin Payments for…