Author: Isabella Taylor
A senior Kremlin adviser wants Russia’s crypto mining classified as an export, arguing tens of thousands of Bitcoins and import payments must be reflected in trade data. Summary Kremlin aide Maxim Oreshkin says mined crypto effectively flows abroad and should be recorded as an export impacting Russia’s balance of payments and FX market. Industry leaders estimate Russian miners produced about 55,000 BTC in 2023 and roughly 35,000 BTC in 2024, with daily income near 1 billion rubles. Russia’s legal mining regime includes registration, tax rates up to 25% for firms, but widespread illegal operations and power theft are costing the…
Ex-Citadel employees raised $17M for Fin, a stablecoin-based app offering instant, large-value cross-border transfers, positioning it as a user-friendly challenger to big banks. Summary Ex-Citadel employees Ian Krotinsky and Aashiq Dheeraj secured $17 million led by Pantera, with Sequoia and Samsung Next backing Fin. Fin uses stablecoin rails for near-instant, lower-fee transfers between users, bank accounts, and crypto wallets, focusing on large-value and cross-border flows. The launch comes as banks and regulators accelerate stablecoin plans, including a euro stablecoin consortium, Sony Bank’s USD token, and upcoming FDIC rules. Former Citadel employees Ian Krotinsky and Aashiq Dheeraj have raised $17 million…
Trends in the crypto market have been helping investors and crypto users find the ideal path to utilize cryptocurrencies to their advantage. If you pay attention to market trends, you can prepare for unprecedented changes and new opportunities. Most of the discussions about crypto predictions revolve around questions like “which crypto will explode in 2026?” as everyone wants to score big profits in little time. The predictions for crypto may also include suggestions about expected events that will help you make informed decisions. Let us learn about the notable predictions for the crypto market in 2026 and how they will…
Cynthia Lummis’ Bitcoin meme post on X revives speculation that the U.S. could expand BTC reserves under Trump’s Strategic Bitcoin Reserve framework. Summary Lummis posted a children’s-book-style “Franklin buys Bitcoin” image with “Big things coming for Franklin!” as the caption on X. Bitcoin outlets framed the post as a hint at U.S. Bitcoin purchases, tying it to Lummis’ proposal for a 1 million BTC Strategic Reserve. Trump’s executive order on a Strategic Bitcoin Reserve and Treasury Secretary Bessent’s public Bitcoin appearances amplify market speculation. U.S. Senator Cynthia Lummis posted a Bitcoin-themed image on social media platform X, prompting speculation that…
Blockchain technology has transformed our conventional notions about digital trust, security and transparency. It started off as the technology that powers cryptocurrencies and has since turned into a driving force behind innovative solutions. The growing frequency of discussions on blockchain security risks and reward is a proof of the fact that more users want to know whether it is safe to use blockchain technology. The inherent rewards of blockchain security come from its distributed ledger design that guarantees decentralization, transparency and immutability. These benefits are the primary reasons for which blockchain technology has become a revolutionary addition to different industries.…
Brian Armstrong and Larry Fink debate Bitcoin, tokenization, regulation and AI, sketching a crypto‑infused, tech‑driven future for global finance. Summary Fink recasts Bitcoin as “an asset of fear” and a long‑term hedge, while Armstrong dismisses the Buffett‑Munger “zero” thesis. Both see 2025 as a regulatory turning point, with U.S. law shifting crypto from gray zone to “well‑lit establishment” amid heavy industry lobbying. Tokenization and stablecoins, they argue, will strip out friction, reshape banks’ business models and determine whether the U.S. can keep pace with India and Brazil. Brian Armstrong and Larry Fink use the DealBook Summit stage to sketch a…
Citadel urges SEC to regulate DeFi like TradFi, prompting Hayden Adams to accuse the firm of attacking open, peer-to-peer finance. Summary Hayden Adams accused Citadel and founder Ken Griffin of attacking DeFi developers by asking the SEC to treat them as traditional intermediaries and claiming the firm has quietly lobbied on this for years. Citadel’s SEC letter argues DeFi venues and actors (from front-end operators to validators and LPs) effectively function as exchanges or broker-dealers and should face technology-neutral regulation, including for tokenized equities. The firm warned that tokenized U.S. stocks on DeFi could create a shadow equity market and…
Solana Mobile is preparing to launch its SKR token in January, marking the start of a new phase for its open mobile ecosystem. Summary New SKR token launches in January with a model built around staking, rewards, and community security. Seeker phone adoption is rising, with strong activity from builders and early users. The Guardians network aims to decentralize device verification and app review starting in 2026. In a Nov. 3 announcement on X, Solana Mobile introduced SKR as a tool to help users support builders, secure devices, and take part in shaping the mobile platform. At launch, SKR will…
Binance is once again at the center of a legal dispute following a 2022 incident that led to the loss of significant user funds. Summary Florida’s appeal court has reinstated a lawsuit claiming Binance failed to freeze and recover roughly 1,000 BTC stolen in 2022. The ruling found Binance maintained sufficient U.S. and Florida contacts through affiliates and infrastructure, overturning a lower court’s dismissal. The case returns to trial court, adding pressure on offshore exchanges facing similar negligence and stolen-asset lawsuits. A Florida appeals court has reopened a long-running dispute involving Binance after finding the case deserves another look. According…
Connecticut has taken action against several major trading platforms after finding that their sports-related markets crossed a legal line. Summary Connecticut ordered Kalshi, Robinhood, and Crypto.com to stop offering unlicensed sports event contracts. Regulators say the platforms lack age checks, security standards, and consumer protections required in the state. Kalshi challenged the order in federal court, while Robinhood cited CFTC oversight and Crypto.com has yet to respond. Connecticut moved to block several fast-growing prediction market platforms from offering sports-related contracts in the state, setting up the latest clash over where trading ends and gambling begins. The action was announced on…