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Hunter Biden says the $LAPTOP memecoin was designed to mock crypto projects he viewed as exploitative, not to carry out a rug pull. He cited blockchain data on founder wallets and accused two market makers of profiting after the token’s launch peak.
Polymarket’s Protocol V2 will leave existing Conditional Tokens Framework bets in place instead of moving them automatically. Users need no technical migration, but trading integrations must support both legacy CTF holdings and new PositionManager balances, permissions and order formats.
OKX raised fresh funding from Circle, Ripple, Standard Chartered’s venture arm and Qube Research at a $25 billion pre-money valuation. The deal supports the exchange’s push into stablecoins, tokenized stocks and broader financial services as crypto markets weakened.
Swift’s blockchain ledger can support round-the-clock cross-border transfers of tokenized bank deposits, but banks need permissioned ledgers, wallets and smart-contract systems to connect, Taurus co-founder Lamine Brahimi said. Recent live transactions show payments settling in minutes, including at weekends.
Swift’s blockchain ledger can support round-the-clock cross-border transfers of tokenized bank deposits, but banks must first provide permissioned ledgers, wallets, and tokenization and smart-contract systems to connect, Taurus co-founder Lamine Brahimi said.
Hyperliquid CEO Jeff Yan said traditional Wall Street markets allow retail investors to access many assets only after their biggest growth phase. He argued that perpetual contracts and decentralized exchanges could broaden participation, while traditional financial institutions increasingly explore onchain trading infrastructure.
Wallets linked to the U.S. government moved more than $100 million in seized bitcoin and BNB, with the bitcoin reaching Coinbase Prime deposit addresses. The transfers prompted speculation about a sale, but no sale has been confirmed and the government still holds about $27.5 billion in crypto.
Kalshi’s 15-minute gold markets recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million just weeks after launch. Bitcoin remained the platform’s dominant market by fees.
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.
The post Why Are Bitcoin, Ethereum And XRP Prices Crashing Today? appeared first on Coinpedia Fintech News Bitcoin fell $1,600 in about 15 minutes and dropped below $84,000, according to market trackers, and is now trad...
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.
Abstract, the Ethereum layer-2 built by Pudgy Penguins parent Igloo Inc., will shut down on Dec. 15. Users must move assets before then because funds left on the network will become inaccessible, as the project cites weak liquidity, limited DeFi and insufficient scale.
Real Vision founder Raoul Pal says a pause in AI stocks could let capital rotate into crypto, while a weaker dollar would improve market liquidity. He expects AI agents to increase activity on Ethereum and Solana, but says Ethereum’s greater capital concentration challenges claims that Solana will overtake it.
Polymarket has begun testing Protocol V2, a redesigned smart contract system for prediction markets, ahead of a tentative Nov. 2 switch for new markets. Existing positions will stay on the current system, while pUSD becomes the sole collateral token.
DeepSeek is nearing a funding round of at least $12 billion and Moonshot AI has reached a $50 billion valuation, with both targeting early-2027 IPOs. OpenAI and Anthropic are also pursuing enormous valuations and potential listings as U.S.-China AI competition intensifies.
OKX has introduced OKX Money, an app that lets eligible customers convert more than 50 local currencies into USDG, USDC or USDT and spend through virtual or physical cards while keeping blockchain mechanics largely out of sight.
FinCEN has withdrawn proposed rules that would have required reporting on some self-custody wallet transactions and international crypto mixing. Coin Center welcomed the decision but warned that Treasury retains authority to pursue similar regulations in the future.
Crypto investigator ZachXBT says he fronted $349,700 in USDC to pose as a client of a Chinese laundering syndicate allegedly serving North Korean hackers. He says the operation exposed more than $12 million linked to the Bybit exploit and helped trigger a 442,000-USDT freeze.
