[Sui, OpenAssets join development of OTAS tokenized asset standard]
Sui said it is working with OpenAssets, a tokenized real-world asset infrastructure provider, on the Open Tokenized Asset Standard (OTAS) under Linux Foundation Decentralized Trust, and plans to expand its use across the Sui ecosystem.
OTAS is an open-source standard designed to standardize how tokenized assets express identity, compliance rules and audit history so they can be represented, verified and settled across different financial systems. The goal is to make tokenized assets such as securities, funds and commodities easier to move and trade between institutions and networks without mandating any specific blockchain or technology stack. The Sui Foundation said it was one of OTAS's initial sponsors and took part from the standard's design stage.
https://coinness.com/en/news/1170508
Sui said it is working with OpenAssets, a tokenized real-world asset infrastructure provider, on the Open Tokenized Asset Standard (OTAS) under Linux Foundation Decentralized Trust, and plans to expand its use across the Sui ecosystem.
OTAS is an open-source standard designed to standardize how tokenized assets express identity, compliance rules and audit history so they can be represented, verified and settled across different financial systems. The goal is to make tokenized assets such as securities, funds and commodities easier to move and trade between institutions and networks without mandating any specific blockchain or technology stack. The Sui Foundation said it was one of OTAS's initial sponsors and took part from the standard's design stage.
https://coinness.com/en/news/1170508
CoinNess
Sui, OpenAssets join development of OTAS tokenized asset standard - CoinNess
Sui said it is working with OpenAssets, a tokenized real-world asset infrastructure provider, on the Open Tokenized Asset Standard (OTAS) under Linux Foundation...
[Latin America stablecoin market faces concentration risk in liquidity supply]
Latin America’s stablecoin ecosystem shows potential vulnerability because it relies on a small number of liquidity providers, according to a report by Veris Capital and Verda Ventures cited by Cointelegraph.
The report said only 16 of the 494 companies surveyed focused on stablecoin-to-fiat wholesale liquidity, corporate treasury services, and credit provision. It added that if key providers lose access to banking services, local currency conversion costs could rise and withdrawals could be delayed or suspended. At the same time, the report said it did not obtain trading volume or market share data showing the actual degree of liquidity concentration.
https://coinness.com/en/news/1170509
Latin America’s stablecoin ecosystem shows potential vulnerability because it relies on a small number of liquidity providers, according to a report by Veris Capital and Verda Ventures cited by Cointelegraph.
The report said only 16 of the 494 companies surveyed focused on stablecoin-to-fiat wholesale liquidity, corporate treasury services, and credit provision. It added that if key providers lose access to banking services, local currency conversion costs could rise and withdrawals could be delayed or suspended. At the same time, the report said it did not obtain trading volume or market share data showing the actual degree of liquidity concentration.
https://coinness.com/en/news/1170509
CoinNess
Latin America stablecoin market faces concentration risk in liquidity supply - CoinNess
Latin America’s stablecoin ecosystem shows potential vulnerability because it relies on a small number of liquidity providers, according to a report by Veris ...
[EU probes in-game currency sales practices, excludes cryptocurrency]
European Union consumer authorities have launched an investigation into in-game paid currency sales practices, while excluding alternative payment methods such as cryptocurrency that use cryptographic technology, Decrypt reported. The authorities are investigating 10 game companies, including Activision Blizzard, Riot Games, Supercell and Ubisoft.
https://coinness.com/en/news/1170510
European Union consumer authorities have launched an investigation into in-game paid currency sales practices, while excluding alternative payment methods such as cryptocurrency that use cryptographic technology, Decrypt reported. The authorities are investigating 10 game companies, including Activision Blizzard, Riot Games, Supercell and Ubisoft.
https://coinness.com/en/news/1170510
CoinNess
EU probes in-game currency sales practices, excludes cryptocurrency - CoinNess
European Union consumer authorities have launched an investigation into in-game paid currency sales practices, while excluding alternative payment methods such ...
[Drift opens DFX claims for victims of April hack]
The Drift Foundation has begun claim and redemption procedures for DFX recovery tokens for victims of a security incident in April, according to Crypto Briefing. Losses from the hack were estimated at about $295.4 million.
Victims can claim 1 DFX for each 1 USDT in verified losses, based on oracle prices at the time of the incident. DFX is a transferable token issued under Solana’s SPL standard and is separate from DRIFT, the protocol’s existing governance token. The claim deadline is Jan. 1, 2028, after which any unclaimed DFX will be burned.
https://coinness.com/en/news/1170511
The Drift Foundation has begun claim and redemption procedures for DFX recovery tokens for victims of a security incident in April, according to Crypto Briefing. Losses from the hack were estimated at about $295.4 million.
Victims can claim 1 DFX for each 1 USDT in verified losses, based on oracle prices at the time of the incident. DFX is a transferable token issued under Solana’s SPL standard and is separate from DRIFT, the protocol’s existing governance token. The claim deadline is Jan. 1, 2028, after which any unclaimed DFX will be burned.
https://coinness.com/en/news/1170511
CoinNess
Drift opens DFX claims for victims of April hack - CoinNess
The Drift Foundation has begun claim and redemption procedures for DFX recovery tokens for victims of a security incident in April, according to Crypto Briefing...
[World Liberty Financial to launch $1.25M USD1 reward pool for WLFI staking]
World Liberty Financial said on X it will launch a 1.25 million USD1 ($1.25 million) WLFI staking reward pool following a community vote. The initial 1.25 million USD1 will be deposited into the reward pool on Oct. 2 and distributed over 180 days. Users must stake WLFI for at least 180 days and participate directly in governance voting at least once every 90 days.
https://coinness.com/en/news/1170512
World Liberty Financial said on X it will launch a 1.25 million USD1 ($1.25 million) WLFI staking reward pool following a community vote. The initial 1.25 million USD1 will be deposited into the reward pool on Oct. 2 and distributed over 180 days. Users must stake WLFI for at least 180 days and participate directly in governance voting at least once every 90 days.
https://coinness.com/en/news/1170512
CoinNess
World Liberty Financial to launch $1.25M USD1 reward pool for WLFI staking - CoinNess
World Liberty Financial said on X it will launch a 1.25 million USD1 ($1.25 million) WLFI staking reward pool following a community vote. The initial 1.25 milli...
[U.S. court dismisses ME token class action against Magic Eden operator]
A U.S. court has dismissed a class action over the ME token against Magic Eden operator Euclid Labs and co-founder Zhuoxun Yin. The court said the wallet terms of service signed by users contained a valid class action waiver, stripping federal court jurisdiction over the case under the Class Action Fairness Act, and added it also lacked personal jurisdiction over Yin. The ruling applies only at the pleading stage.
Plaintiffs had previously argued that the Magic Eden platform advertised the ME token as including cross-chain and buyback features, but later turned into a gambling platform, sending the token down more than 98%.
https://coinness.com/en/news/1170513
A U.S. court has dismissed a class action over the ME token against Magic Eden operator Euclid Labs and co-founder Zhuoxun Yin. The court said the wallet terms of service signed by users contained a valid class action waiver, stripping federal court jurisdiction over the case under the Class Action Fairness Act, and added it also lacked personal jurisdiction over Yin. The ruling applies only at the pleading stage.
Plaintiffs had previously argued that the Magic Eden platform advertised the ME token as including cross-chain and buyback features, but later turned into a gambling platform, sending the token down more than 98%.
https://coinness.com/en/news/1170513
CoinNess
U.S. court dismisses ME token class action against Magic Eden operator - CoinNess
A U.S. court has dismissed a class action over the ME token against Magic Eden operator Euclid Labs and co-founder Zhuoxun Yin. The court said the wallet terms ...
[HPC urges EU to classify perpetual futures as derivatives under MiFID II]
The Hyperliquid Policy Center urged European regulators to classify perpetual futures contracts as derivatives subject to the Markets in Financial Instruments Directive II, arguing regulation should be determined by a product’s characteristics rather than the underlying blockchain technology, according to CoinGape.
https://coinness.com/en/news/1170514
The Hyperliquid Policy Center urged European regulators to classify perpetual futures contracts as derivatives subject to the Markets in Financial Instruments Directive II, arguing regulation should be determined by a product’s characteristics rather than the underlying blockchain technology, according to CoinGape.
https://coinness.com/en/news/1170514
CoinNess
HPC urges EU to classify perpetual futures as derivatives under MiFID II - CoinNess
The Hyperliquid Policy Center urged European regulators to classify perpetual futures contracts as derivatives subject to the Markets in Financial Instruments D...
[Nasdaq-listed Tron holds $238M in TRX after 252-day buying streak]
Justin Sun, founder of Tron (TRX), said Nasdaq-listed Tron (ticker: TRON), a company accumulating TRX, has bought the token for 252 consecutive days, bringing its holdings to 716 million TRX, or about $238 million.
https://coinness.com/en/news/1170515
Justin Sun, founder of Tron (TRX), said Nasdaq-listed Tron (ticker: TRON), a company accumulating TRX, has bought the token for 252 consecutive days, bringing its holdings to 716 million TRX, or about $238 million.
https://coinness.com/en/news/1170515
CoinNess
Nasdaq-listed Tron holds $238M in TRX after 252-day buying streak - CoinNess
Justin Sun, founder of Tron (TRX), said Nasdaq-listed Tron (ticker: TRON), a company accumulating TRX, has bought the token for 252 consecutive days, bringing i...
[U.S. Treasury allows conditional state stablecoin filings before rules are finalized]
The U.S. Treasury will allow states to submit conditional certificates to meet the initial application deadline even if state-level stablecoin rules are not yet fully in place, CryptoSlate reported. That means states that still need additional legislation or regulatory changes can still begin the certification process, although actual review will start only after complete application materials are submitted.
A conditional filing does not count as the start of the 30-day review and decision period. The rule took effect on Sept. 30, according to CryptoSlate, but applications will not be accepted until the information-collection approval process under the Paperwork Reduction Act is completed.
https://coinness.com/en/news/1170516
The U.S. Treasury will allow states to submit conditional certificates to meet the initial application deadline even if state-level stablecoin rules are not yet fully in place, CryptoSlate reported. That means states that still need additional legislation or regulatory changes can still begin the certification process, although actual review will start only after complete application materials are submitted.
A conditional filing does not count as the start of the 30-day review and decision period. The rule took effect on Sept. 30, according to CryptoSlate, but applications will not be accepted until the information-collection approval process under the Paperwork Reduction Act is completed.
https://coinness.com/en/news/1170516
CoinNess
U.S. Treasury allows conditional state stablecoin filings before rules are finalized - CoinNess
The U.S. Treasury will allow states to submit conditional certificates to meet the initial application deadline even if state-level stablecoin rules are not yet...
[Litecoin Foundation signs MOU with Graywick Digital]
The Litecoin Foundation has signed a memorandum of understanding with Graywick Digital to bring LTC to the Canton Network, CoinDesk reported. The two sides plan to pursue an integration that would allow Litecoin to be used as cLTC on the Canton Network.
https://coinness.com/en/news/1170517
The Litecoin Foundation has signed a memorandum of understanding with Graywick Digital to bring LTC to the Canton Network, CoinDesk reported. The two sides plan to pursue an integration that would allow Litecoin to be used as cLTC on the Canton Network.
https://coinness.com/en/news/1170517
CoinNess
Litecoin Foundation signs MOU with Graywick Digital - CoinNess
The Litecoin Foundation has signed a memorandum of understanding with Graywick Digital to bring LTC to the Canton Network, CoinDesk reported. The two sides plan...
[Cathie Wood says Fed Chair Kevin Warsh would be bullish for BTC, keeps $1M target]
ARK Invest CEO Cathie Wood said Kevin Warsh taking office as chair of the U.S. Federal Reserve would be a major positive for Bitcoin and that Wood still sees BTC reaching $1 million, according to The Bitcoin Historian.
https://coinness.com/en/news/1170518
ARK Invest CEO Cathie Wood said Kevin Warsh taking office as chair of the U.S. Federal Reserve would be a major positive for Bitcoin and that Wood still sees BTC reaching $1 million, according to The Bitcoin Historian.
https://coinness.com/en/news/1170518
CoinNess
Cathie Wood says Fed Chair Kevin Warsh would be bullish for BTC, keeps $1M target - CoinNess
ARK Invest CEO Cathie Wood said Kevin Warsh taking office as chair of the U.S. Federal Reserve would be a major positive for Bitcoin and that Wood still sees BT...
[Near Intents attacker address interacted with wallet linked to Lazarus Group]
An attacker address tied to the $3.8 million hack of NEAR-based cross-chain intent protocol Near Intents showed signs of interacting with an address linked to North Korea’s Lazarus Group, PeckShield reported. The attacker was found to have transferred the stolen funds to KuCoin before bridging them into Bitcoin, while the address also had a record of interacting with a wallet labeled as tied to Lazarus Group that begins with 0x098B7.
https://coinness.com/en/news/1170519
An attacker address tied to the $3.8 million hack of NEAR-based cross-chain intent protocol Near Intents showed signs of interacting with an address linked to North Korea’s Lazarus Group, PeckShield reported. The attacker was found to have transferred the stolen funds to KuCoin before bridging them into Bitcoin, while the address also had a record of interacting with a wallet labeled as tied to Lazarus Group that begins with 0x098B7.
https://coinness.com/en/news/1170519
CoinNess
Near Intents attacker address interacted with wallet linked to Lazarus Group - CoinNess
An attacker address tied to the $3.8 million hack of NEAR-based cross-chain intent protocol Near Intents showed signs of interacting with an address linked to N...
[Doctor Profit warns of overheated altcoin market, sees BTC correction to $79K]
Crypto analyst Doctor Profit said on X that excessive leverage in the altcoin market and a surge in trading volume prompted the analyst to close most open positions and prepare for a possible correction. Doctor Profit added that the analyst entered a short position on BTC at $86,200 and set additional short orders in the $86,500-$89,500 range, while maintaining a downside target of $79,000.
https://coinness.com/en/news/1170520
Crypto analyst Doctor Profit said on X that excessive leverage in the altcoin market and a surge in trading volume prompted the analyst to close most open positions and prepare for a possible correction. Doctor Profit added that the analyst entered a short position on BTC at $86,200 and set additional short orders in the $86,500-$89,500 range, while maintaining a downside target of $79,000.
https://coinness.com/en/news/1170520
CoinNess
Doctor Profit warns of overheated altcoin market, sees BTC correction to $79K - CoinNess
Crypto analyst Doctor Profit said on X that excessive leverage in the altcoin market and a surge in trading volume prompted the analyst to close most open posit...
[Doctor Profit warns of overheated altcoin market, sees BTC correction to $79K]
Crypto analyst Doctor Profit said on X that leverage in the altcoin market had expanded to an excessive level and trading volume had also surged, prompting Doctor Profit to close most existing positions and prepare for a possible correction. Doctor Profit added that a short position was opened at $86,200 in BTC, with additional short orders set in the $86,500-$89,500 range, while the correction target remains $79,000.
https://coinness.com/en/news/1170521
Crypto analyst Doctor Profit said on X that leverage in the altcoin market had expanded to an excessive level and trading volume had also surged, prompting Doctor Profit to close most existing positions and prepare for a possible correction. Doctor Profit added that a short position was opened at $86,200 in BTC, with additional short orders set in the $86,500-$89,500 range, while the correction target remains $79,000.
https://coinness.com/en/news/1170521
CoinNess
Doctor Profit warns of overheated altcoin market, sees BTC correction to $79K - CoinNess
Crypto analyst Doctor Profit said on X that leverage in the altcoin market had expanded to an excessive level and trading volume had also surged, prompting Doct...
[BTC uptrend may continue if $82.5K support holds, analyst says]
Crypto analyst Rekt Capital said Bitcoin closed its September monthly candle above $82,500 and is likely to retest the $82,500 area this month. If BTC confirms support at that level, the next uptrend could continue, although the retest process may bring high volatility and a temporary break below support, as in past cases.
https://coinness.com/en/news/1170522
Crypto analyst Rekt Capital said Bitcoin closed its September monthly candle above $82,500 and is likely to retest the $82,500 area this month. If BTC confirms support at that level, the next uptrend could continue, although the retest process may bring high volatility and a temporary break below support, as in past cases.
https://coinness.com/en/news/1170522
CoinNess
BTC uptrend may continue if $82.5K support holds, analyst says - CoinNess
Crypto analyst Rekt Capital said Bitcoin closed its September monthly candle above $82,500 and is likely to retest the $82,500 area this month. If BTC confirms ...
[European exchange 21bitcoin launches interest payments on euro balances]
European crypto trading platform 21bitcoin has launched an interest payment service for euro balances, Bitcoin Magazine reported. The platform pays an annual interest rate of 1.21% on euro balances and also offers an option to receive interest in Bitcoin without conversion fees. The rate is variable, German withholding tax applies, and there is no minimum deposit requirement or lock-up period for withdrawals.
https://coinness.com/en/news/1170523
European crypto trading platform 21bitcoin has launched an interest payment service for euro balances, Bitcoin Magazine reported. The platform pays an annual interest rate of 1.21% on euro balances and also offers an option to receive interest in Bitcoin without conversion fees. The rate is variable, German withholding tax applies, and there is no minimum deposit requirement or lock-up period for withdrawals.
https://coinness.com/en/news/1170523
CoinNess
European exchange 21bitcoin launches interest payments on euro balances - CoinNess
European crypto trading platform 21bitcoin has launched an interest payment service for euro balances, Bitcoin Magazine reported. The platform pays an annual in...
[StarkWare CEO sees LIT reaching $10 this year]
StarkWare CEO Eli Ben-Sasson said LIT had been overcorrected after Robinhood recently announced it would offer crypto perpetual futures to U.S. users through Bitstamp rather than Lighter, Cointelegraph reported. Ben-Sasson said the token could reach $10 this year.
According to CoinMarketCap, LIT was trading at $3.88, down 3.21%.
https://coinness.com/en/news/1170524
StarkWare CEO Eli Ben-Sasson said LIT had been overcorrected after Robinhood recently announced it would offer crypto perpetual futures to U.S. users through Bitstamp rather than Lighter, Cointelegraph reported. Ben-Sasson said the token could reach $10 this year.
According to CoinMarketCap, LIT was trading at $3.88, down 3.21%.
https://coinness.com/en/news/1170524
CoinNess
StarkWare CEO sees LIT reaching $10 this year - CoinNess
StarkWare CEO Eli Ben-Sasson said LIT had been overcorrected after Robinhood recently announced it would offer crypto perpetual futures to U.S. users through Bi...
[CRS says Congress can set clearer rules for banks’ crypto activities]
The Congressional Research Service said Congress could use legislation to more clearly define the scope of permitted bank activities involving Bitcoin and other cryptocurrencies, Bitcoin.com reported. CRS said federal regulators’ approach to banks’ crypto-related business has shifted with agency leadership and policy direction, and Congress can decide by law whether specific activities should be allowed or restricted.
https://coinness.com/en/news/1170525
The Congressional Research Service said Congress could use legislation to more clearly define the scope of permitted bank activities involving Bitcoin and other cryptocurrencies, Bitcoin.com reported. CRS said federal regulators’ approach to banks’ crypto-related business has shifted with agency leadership and policy direction, and Congress can decide by law whether specific activities should be allowed or restricted.
https://coinness.com/en/news/1170525
CoinNess
CRS says Congress can set clearer rules for banks’ crypto activities - CoinNess
The Congressional Research Service said Congress could use legislation to more clearly define the scope of permitted bank activities involving Bitcoin and other...
[BTC beats S&P 500 on over 50% of trading days, Glassnode says]
Bitcoin is regaining relative strength against U.S. stocks, according to on-chain analytics firm Glassnode. Glassnode said the share of trading days in June when BTC’s daily return outperformed the S&P 500 fell to around 20%, the lowest level in the past six years. That figure has recently climbed back above 50%, while the stock market has moved sideways, suggesting Bitcoin is drawing asset-specific buying rather than rising in tandem with risk assets more broadly.
https://coinness.com/en/news/1170526
Bitcoin is regaining relative strength against U.S. stocks, according to on-chain analytics firm Glassnode. Glassnode said the share of trading days in June when BTC’s daily return outperformed the S&P 500 fell to around 20%, the lowest level in the past six years. That figure has recently climbed back above 50%, while the stock market has moved sideways, suggesting Bitcoin is drawing asset-specific buying rather than rising in tandem with risk assets more broadly.
https://coinness.com/en/news/1170526
CoinNess
BTC beats S&P 500 on over 50% of trading days, Glassnode says - CoinNess
Bitcoin is regaining relative strength against U.S. stocks, according to on-chain analytics firm Glassnode. Glassnode said the share of trading days in June whe...
[BTC rises above $85,000]
According to CoinNess market monitoring, BTC has risen above $85,000. BTC is trading at $85,009.99 on the Binance USDT market.
https://coinness.com/en/news/1170527
According to CoinNess market monitoring, BTC has risen above $85,000. BTC is trading at $85,009.99 on the Binance USDT market.
https://coinness.com/en/news/1170527
CoinNess
BTC rises above $85,000 - CoinNess
According to CoinNess market monitoring, BTC has risen above $85,000. BTC is trading at $85,009.99 on the Binance USDT market.
[Former Bitcoin Core developer Peter Todd joins MARA Foundation]
Former Bitcoin Core developer Peter Todd has joined the MARA Foundation as chief maintainer of Slipstream, BitcoinNews reported. The MARA Foundation was launched this year to support Bitcoin security and open-source technology development. Slipstream is a private mempool service that lets users submit transactions directly to MARA’s mining pool without first broadcasting them to Bitcoin’s public P2P network.
https://coinness.com/en/news/1170528
Former Bitcoin Core developer Peter Todd has joined the MARA Foundation as chief maintainer of Slipstream, BitcoinNews reported. The MARA Foundation was launched this year to support Bitcoin security and open-source technology development. Slipstream is a private mempool service that lets users submit transactions directly to MARA’s mining pool without first broadcasting them to Bitcoin’s public P2P network.
https://coinness.com/en/news/1170528
CoinNess
Former Bitcoin Core developer Peter Todd joins MARA Foundation - CoinNess
Former Bitcoin Core developer Peter Todd has joined the MARA Foundation as chief maintainer of Slipstream, BitcoinNews reported. The MARA Foundation was launche...