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Deus X Capital has ceased operations and will formally unwind on Jan. 31, 2027, as Morton family backers divide their activities between AI-focused Darius and markets-and-fintech platform 95. CEO Tim Grant will lead Darius-owned TensorX.
Bitcoin fell below $83,000 as oil climbed above $102 on reports of possible U.S. strike options involving Iran. Higher Treasury yields and roughly $550 million in leveraged crypto liquidations added to pressure on digital assets and global stocks.
The post Hunter Biden LAPTOP Coin Surges 21% After Crash Forensic Report appeared first on Coinpedia Fintech News Hunter Biden’s recently launched meme coin has rallied 21.11% in the day following a comprehensive forens...
Gate has launched Gate Money, an app combining cash, crypto, stocks, gold, conversions and card payments. Founder Lin Han said the platform targets mainstream users, especially in Asia, as exchanges compete to become all-in-one finance apps.
Polymarket CEO Shayne Coplan said the race to find the next 100x cryptocurrency token resembles irrational exuberance, as traders attempt to sell before prices collapse. He contrasted that speculation with prediction markets, where participants trade contracts tied to future events and defined probabilities.
Bitcoin fell below $84,000 as attacks on tankers in the Strait of Hormuz sent Brent crude above $101 a barrel. Smaller cryptocurrencies declined more sharply, while crypto liquidations surged 235% to $547 million amid heavier derivatives-market repositioning.
Rain has applied for an OCC charter to create a New York national trust bank for digital-asset custody, stablecoin reserves, and token issuance and redemptions. The proposed institution would not take deposits or make loans, and its application still faces regulatory review and public comment.
The post Bitcoin Falls Below $84K While Oil Surges Past $100 on Hormuz Crisis appeared first on Coinpedia Fintech News Bitcoin fell to $83,570 over the past 24 hours as tensions around the Strait of Hormuz pushed oil pr...
The post Hyperliquid (HYPE) Price Targets $110 as $10M Burns Amid Supply Risk appeared first on Coinpedia Fintech News The Hyperliquid (HYPE) price is hovering near $90 as traders weigh two very different supply forces...
Igloo will shut down Pudgy Penguins’ Abstract Ethereum layer 2 on Dec. 15 after spending tens of millions of dollars supporting it. Users must move assets before the deadline, with about $76 million still held on the network, according to data cited by CoinDesk.
Open USD had $666.3 million outstanding on Oct. 5, but Crystal Intelligence found that 74% of the supply sat in ten wallets. Early decentralized-exchange volume was about $4.1 million, while most Tempo transfers were network-fee payments rather than evidence of broad circulation.
Abstract, the consumer-focused Ethereum layer-2 backed by Pudgy Penguins parent Igloo, will shut down on Dec. 15, 2026, after losing tens of millions of dollars and failing to find product-market fit despite users, brands and more than 144 applications.
An ECB executive board member warned that Europe could face greater payment fragmentation without a pan-European digital euro. The central bank has not decided whether to issue one, but a pilot could begin in 2027 and issuance could follow in 2029.
OKX has added Circle, Ripple, Qube Research & Technologies and Standard Chartered’s SC Ventures as strategic investors at a $25 billion pre-money valuation. The exchange is using those partnerships to expand stablecoin payments and launch OKX Money for mainstream users.
OKX has raised an undisclosed amount from existing partners and investors at a $25 billion valuation. The financing extends its March round, which brought in $200 million from ICE, while the exchange pursues a broader financial-technology strategy.
Hong Kong has reaffirmed plans to submit a crypto licensing amendment bill by the end of 2026. The proposed framework would regulate digital-asset trading, custody, advisory and management services, building on the city’s initial stablecoin licensing work.
Ondo Finance is launching tokenized notes tied initially to an unnamed pre-IPO artificial-intelligence company. Eligible investors will receive economic exposure rather than direct share ownership, with trading planned through self-custody wallets and secondary markets.
OKX and Intercontinental Exchange plan a blockchain venue that could offer more than 60 tokenized U.S. stocks around the clock. The shares would be backed one-for-one, traded against stablecoins through liquidity pools, and face corporate, regulatory and liquidity hurdles.
