MEXC Ventures expands Ethena bet with additional $30M ENA investment
MEXC Ventures has expanded its backing of Ethena, committing an additional $30 million to ENA, the governance token of the protocol. The Oct. 1 announcement lifts MEXC’s total exposure across the Ethena ecosystem to $66 million, including earlier investments in…...
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SEC clears path for Ripple, Coinbase, BitGo to qualify as custodians
The U.S. Securities and Exchange Commission has opened the door for Ripple, Coinbase, and BitGo to act as qualified custodians for crypto assets. On Sept. 30, the SEC’s Division of Investment Management issued a no-action letter in response to a…...
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SEC Halts QMMM Trading After 959% Surge on Crypto Treasury Manipulation Concerns
The U.S. Securities and Exchange Commission has temporarily suspended trading in QMMM Holdings after the stock rocketed 959% in under three weeks on the back of a splashy crypto-treasury pivot. In its suspension order, the SEC flagged potential manipulation via social-media “recommendations” by unknown parties that appeared designed to...
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Dan Ives Announces International Tour To Promote World Network, Eightco Chair Targets $992 Million WLD Acquisition
Dan Ives, Chairman of Eightco Holdings Inc. (NASDAQ:OCTO), said Tuesday that the company is geared to acquire 800 million World Network (WLD) tokens as part of its “Power of 8” program. The ‘Power Of 8’ The Wall Street tech analyst announced via X his upcoming travels to San Francisco for the World...
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Circle And Deutsche Börse Partner To Boost Stablecoin Adoption In Europe
Global stablecoin issuer Circle Internet Group and German multinational corporation Deutsche Börse Group have unveiled their collaboration to expand stablecoin adoption in Europe. Circle Partners With Deutsche Börse For Stablecoin Expansion On Tuesday, Circle and Deutsche Börse Group announced they had signed a Memorandum of Understanding (MoU) to integrate...
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Ethereum ETFs See Record Inflows as ETH Breaks $4,000: Is a Bigger Rally Coming?
Ethereum’s rebound accelerated after U.S. spot ETH ETFs recorded $547 million in net single-day inflows, ending a five-day outflow streak. Fidelity’s FETH led with $202 million, while BlackRock’s ETHA contributed $154 million. ETH ETFs now oversee about $27.5 billion, around 5.4% of the circulating market cap, indicating renewed institutional...
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White House pulls Brian Quintenz CFTC chair nomination
Brian Quintenz is no longer President Donald Trump’s nominee to lead the U.S. Commodity Futures Trading Commission, ending weeks of speculation about the fate of his candidacy. The White House confirmed the withdrawal on Sept. 30, noting that Trump will…...
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MEXC Ventures Raises Ethena Investment to $66M
MEXC Ventures has doubled down on its investment in the Ethena ecosystem, bringing its total exposure to $66 million, according to a press release shared with CoinDesk. The latest move includes a $14 million investment in ENA, the governance token of the Ethena protocol, building on a $16 million...
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Trump Administration Withdraws Brian Quintenz’s Nomination For CFTC Chair, Says President Prioritizes Making America ‘Crypto Capital’ Of The World
The Trump administration has pulled back the nomination of Brian Quintenz for the chair of the Commodity Futures Trading Commission, a White House official told Benzinga late Tuesday. Quintenz’s Name Withdrawn Nearly eight months after President Donald Trump picked Quintenz to lead the derivatives markets regulator, the White House withdrew...
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SEC and CFTC Plan to Work Together on Crypto Oversight
The SEC and CFTC have finally agreed on something: they need to work together. After years of clashing over who should regulate what in the crypto space, both agencies are now aiming for better coordination. They say the confusion around who’s in charge has gone on for too long...
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