Author: admin

The Ethereum Foundation has transferred 160,000 ETH, valued at roughly $654 million, to a wallet previously used for selling Ether, sparking fresh debate about governance and transparency within the ecosystem. Blockchain analytics firm Arkham Intelligence flagged the transfer, noting that the destination wallet had previously moved significant ETH to exchanges like Kraken, SharpLink Gaming, and other multisig addresses. Foundation Clarifies Purpose Hsiao-Wei Wang, co-Executive Director of the Ethereum Foundation, took to X to clarify that the transfer was part of a routine wallet migration rather than an attempt to sell ETH. Such migrations are standard practice for the Foundation, carried…

ARK Invest-backed Quantum Solutions has emerged as the largest Ether digital asset treasury outside of the United States after accumulating $9 million worth of ETH in a week. Quantum Solutions’ founder, Francis Zhou, announced the company’s latest Ether (ETH) purchase on Thursday.  “I’m proud to announce that we have accumulated 2,365 ETH in just seven days, officially making Quantum Solutions the largest ETH DAT outside the US,” said Zhou, adding that more Ether buys were coming.The company said it has become Japan’s leading publicly listed Ether DAT and the 11th-largest globally, citing figures from CoinGecko. Quantum Solutions also has a small Bitcoin (BTC)…

In brief Indian crypto exchange WazirX will resume operations on October 24 with zero trading fees across all markets. Trading and withdrawals will resume the same day, with full functionality by Monday. The platform has partnered with BitGo for institutional-grade custody solutions. Indian crypto exchange WazirX will restart operations on October 24 with zero trading fees across all markets, more than a year after hackers stole $234 million in one of the largest cyberattacks in crypto history.Backed by 95.7% of creditors, WazirX’s Singapore court–approved restructuring plan allows the exchange to reopen for 6.6 million users locked out since the July…

In brief Indian crypto exchange WazirX will resume operations on October 24 with zero trading fees across all markets. Trading and withdrawals will resume the same day, with full functionality by Monday. The platform has partnered with BitGo for institutional-grade custody solutions. Indian crypto exchange WazirX will restart operations on October 24 with zero trading fees across all markets, more than a year after hackers stole $234 million in one of the largest cyberattacks in crypto history.Backed by 95.7% of creditors, WazirX’s Singapore court–approved restructuring plan allows the exchange to reopen for 6.6 million users locked out since the July…

Responding to an interviewer’s question in one of the latest discussion panels, Ripple Labs CEO Brad Garlinghouse cleared up the misconceptions. With most alternative crypto currencies changing their strategies depending on the market’s headwinds, Ripple Labs continues to support the XRP coin via adoption initiatives & legislational progress.XRP Is Far From Abandonment, Ripple’s CEO States“Anyone who thinks that Ripple is not 100% behind XRP is just missing. They have lost the plot. We are totally committed and will remain totally committed”. What the San Francisco-based tech giant’s CEO has in mind is relevant to XRP’s growing role as a bridge…

Wall Street’s biggest balance sheets are quietly rebuilding the crypto stack under the banner of tokenization and custody.What began as a defensive stance toward digital assets is turning into an infrastructure shift: bringing fund administration, cash management, and settlement onto blockchain rails that look more like BNY Mellon’s LiquidityDirect platform than a typical crypto exchange.Since late summer, Goldman Sachs and BNY Mellon have taken tokenized money market funds live, Citi has positioned itself as a tokenization agent and custodian on Switzerland’s SDX exchange, and BlackRock has doubled down on the thesis that tokenized funds will eventually sit beside ETFs as…

By Omkar Godbole (All times ET unless indicated otherwise)The crypto market is looking to regain upside traction, with bitcoin BTC$109,809.36 attempting to top $110,000. The CoinDesk 20 Index has risen over 1% in the past 24 hours alongside double-digit gains in a select few tokens such as HYPE, KHYPE and XMR.Sentiment on social media remains bullish, thanks to expectations that the Federal Reserve will cut rates by 25 bps next week, continuing the so-called liquidity easing cycle. Still, it’s worth noting that the dollar index is continuing to exhibit bullish price action. A strengthening dollar could limit upside in BTC.Risk…

Ledger, the French firm known for its crypto hardware wallets, has launched a sweeping update to its product line, positioning itself for what it calls a new “era of ownership.”The company unveiled the Ledger Nano Gen5, a redesigned version of its signature device, along with Ledger Wallet, a reimagined version of its Ledger Live app, and Ledger Enterprise Multisig, a new platform for institutional asset management.The new Nano is designed to be more than a crypto wallet, the firm expressed in a press release. Ledger now calls it a “signer,” positioning the device as not only a venue for digital…

Debt among Bitcoin miners has increased from $2.1 billion to $12.7 billion in just 12 months as they race to meet demands for artificial intelligence and Bitcoin production, according to investment giant VanEck.Without continued investment in the latest machines, a miner’s share of the global hashrate deteriorates, resulting in a reduced share of the daily awarded Bitcoin (BTC), VanEck analyst Nathan Frankovitz and head of digital assets research, Matthew Sigel, said on Wednesday in their October Bitcoin ChainCheck report.“We refer to this dynamic as the melting ice cube problem. Historically, miners relied on equity markets, not debt, to fund these…

Wall Street has unequivocally arrived. The long awaited phase shift is here. We have discussed for years what this time period and shift will be like, many cheering it on in anticipation of the economic implications and shockwave it would cause in terms of liquidity and price movement.  In the last few years it has undeniably come to dominate the narrative, shaping dialogue and focus across the entire ecosystem. Where before large communities of people would spring up around technological innovations, or philosophical schools of thought on how Bitcoin can positively shape the direction of the world in a time…