Markets news

Pudgy Penguins gets support as billionaire buys 117 NFTs

Adam Weitsman said he bought 117 Pudgy Penguins NFTs over the weekend to support collectors. Weitsman described Pudgy Penguins as…

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Ethereum wallets move $11M to Kraken: Is a sell-off coming?

Two Ethereum Foundation-linked wallets have reportedly transferred 4,393 ETH worth approximately $11.13 million to Kraken on October 12, raising questions…

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CFTC can regulate crypto without new laws, Pham says

Former Commodity Futures Trading Commission (CFTC) acting chair Caroline Pham has argued that existing U.S. commodity laws already give the…

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France proposes €10,000 fines for undeclared self custody crypto holdings

French lawmakers have approved a proposal requiring individuals holding at least €100,000 ($112,000) in self custody cryptocurrencies to declare their…

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Bank of Korea won’t issue stablecoins: Here’s why

The Bank of Korea has ruled out directly operating stablecoin businesses, with Governor Hyun Song Shin telling lawmakers on October…

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Pando Finance to launch Hong Kong’s second spot Solana ETF on October 13

Pando Finance Limited has announced plans to list its spot Solana exchange traded fund on the Hong Kong Stock Exchange…

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Jeonbuk Bank becomes first South Korean lender to offer Bitcoin backed loans

South Korea’s Jeonbuk Bank has introduced the country’s first bank issued won loans backed by Bitcoin, allowing corporate customers to…

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Crypto ETFs shed $1.29b as Bitcoin and Ether lead exits

U.S. crypto ETFs tracked across Farside Investors’ Bitcoin, Ethereum, Solana, Hyperliquid and Zcash tables recorded combined net outflows of $1.29…

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