Author: AltCoinDrops.com
Binance co-founder Changpeng “CZ” Zhao is pushing back against reports that YZi Labs is considering opening up to outside investors.”YZiLabs is not raising [an] external fund,” Zhao wrote in a post to X on Tuesday, adding that “YZiLabs, since rebranding, has not sought a single external investor. No requests, no discussions.”Earlier today, the Financial Times, citing Head of YZi Labs Ella Zhang, published an article claiming the venture capital firm formerly known as Binance Labs may convert into a $10 billion externally-facing investment fund.”There’s always a lot of external investors interested, and we will eventually consider turning it into an…
BloFin, a growing spot and futures crypto exchange, has recently launched a copy trading event that rewards new lead traders with up to 100 USDT in futures bonuses. It’s called the BloFin Elite Trader rewards campaign and started on September 15 and will end on October 15, 2025.This limited-time promotion aims to attract skilled crypto traders to its copy trading platform, which offers Elite trader benefits and BloFin copier rewards. In this article, we explain the exchange’s latest copy trading campaign, how to become an Elite trader on BloFin, and what participants can gain. BloFin Elite Trader Rewards Overview Eligible…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When people talk about why crypto hasn’t gone mainstream, they often point to regulation, volatility, or security. However, web3 doesn’t have a regulation problem, or a liquidity problem, or even a branding problem. The most obvious barrier is hiding in plain sight: the user experience. Summary Crypto’s UX crisis: Despite billions invested, using web3 still feels risky and overly complex — a barrier that keeps mainstream users, especially Gen Z, from adopting it. AI as the missing…
VanEck CEO Jan van Eck has a new name for Ethereum amid escalating adoption among financial institutions following its use case for stablecoins. Van Eck called Ethereum the “Wall Street token” in a Wednesday interview at FOX Business, citing its massive adoption in the financial scene. He highlighted that with the growing use case for stablecoins, banks and other financial service providers would be drawn to Ethereum, increasing its utility. Meanwhile, the bullish comments followed an Ethereum resurgence, which saw a charge from April’s lows of around $2,300 to a new all-time high of $4,953 earlier this week. The quick…
Newly formed digital asset management firm ReserveOne has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission as it moves forward with plans for a $1 billion Nasdaq listing. Summary ReserveOne has filed a confidential draft Form S-4 with the SEC for a proposed $1 billion Nasdaq listing. The filing is tied to its planned SPAC merger with M3-Brigade Acquisition V Corp. If approved, the combined entity will trade under the ticker symbol “RONE.” ReserveOne is the latest crypto-facing company to pursue a special purpose acquisition company merger in an effort to become a publicly listed…
TLDR The CFTC announced its initiative to integrate stablecoins as tokenized collateral in derivatives markets. The initiative aims to modernize blockchain technology in collateral management systems. Industry leaders, including Circle and Coinbase, expressed strong support for the CFTC’s move. The CFTC’s proposal follows recommendations from its Global Markets Advisory Committee’s Digital Asset Markets Subcommittee. CFTC Acting Chairman Caroline Pham emphasized the importance of enhancing capital efficiency in trading. On September 23, CFTC Acting Chairman Caroline Pham announced the agency’s new initiative to integrate tokenized collateral in derivatives markets. This initiative includes using stablecoins as collateral in trading. The move builds…
Investment management company and exchange-traded fund issuer BlackRock moved Bitcoin worth $980 million to 29 new blockchain addresses, each now holding 300 coins. According to institutional blockchain address tracker Arkham Intelligence, BlackRock transferred 8,700 BTC at around 1:30 AM UTC Tuesday. The transfers occurred in bits of 300 Bitcoins each to 29 new separate addresses, suggesting that the firm could have sold the assets or moved them for storage. Bitcoin has been struggling to get back to its all-time high peak of over $124,000, reached on the eve of August 14. The king coin has been dropping further and further…
Cardano is one of the most established proof-of-stake platforms, backed by a strong dev ecosystem, smart contract functionality, and recent proposals to improve scalability and governance. Despite periods of price stagnation, many investors view Cardano as a reliable base layer for long-term growth. Remittix is entering portfolios now because it is showing rapid uptake, product progress, and security credentials that give it potential to complement or even rival Cardano in growth. Comparing Cardano’s stability with Remittix’s momentum makes the case that these two digital assets deserve attention for different but synergistic reasons. Cardano: Long-Term Anchor With Development Momentum Cardano (ADA)…
Crypto treasuries lose stock value after announcing new crypto investments, while Bitcoin took a dive to $111,676. Helius Medical Technologies is among the first to fall after announcing its first $SOL investment yesterday. The company acquired 760,190 $SOL at an average $231 for over $175.6M. Following the press release, $HSDT took a tumble down the stairs, losing 33.61% by closing at $16.02. CEA Industries, backed by former Binance CEO Changpen Zhao, met a similar fate after announcing its $500M deal this past Sunday to start stacking $BNB. It too lost 19.5%, closing the day at $7.80. Fortunately, the market holds…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Ethereum gained upward traction, the $4,500 price mark constantly proved to be a strong resistance zone for the leading altcoin to break, causing it to turn slightly bearish. Even though the altcoin is experiencing temporary bearishness, the dip appears to have ignited the sentiment of key investors, triggering a sharp wave of accumulation in the last few days. Mega Ethereum Whales Accumulation Frenzy Ethereum’s upward action in price may have slowed down, but its biggest players or investors are making bold moves once again with their…