15h ago
Bitcoin steadies near $85,000 after SEC approves first 3x leveraged crypto ETPs
The SEC has approved 3x leveraged cryptocurrency exchange-traded products (ETPs) for the first time, signaling a further opening by U.S. regulators toward crypto derivatives, according to Investing.com. The decision gives investors a regulated way to gain high-leverage exposure to crypto. Bitcoin has meanwhile held near $85,000, with markets watching how the new products could affect bitcoin’s trading structure and liquidity.
BTC
BTC+1.46%
15h ago
21h ago
RBA lifts cash rate to 4.6%, auction clearance rate slides to 48.2%
The Reserve Bank of Australia raised its official cash rate to 4.6% last week, the highest level in 15 years, with financial markets pricing in at least one additional hike. Against that backdrop, the preliminary auction clearance rate over the weekend fell sharply to 48.2%, the second-lowest reading so far this year. Home values across the five major capital cities are down 6.6% from their early-April peak, leaving the market 2 percentage points short of the sharpest price correction in more than 40 years.
21h ago
23h ago
September crypto hacks total $766.49 million, led by $387 million Bitget breach and $320 million Liquid Network theft
The crypto sector recorded 55 major hacks in September with total losses of $766.49 million, up about 462% from August’s $136.3 million, according to PeckShield. Bitget accounted for about $387 million and said it will fully reimburse users from its User Protection Fund, while Liquid Network lost about $320 million, with $285 million returned after attackers withdrew roughly 4,000 BTC from the Liquid Federation wallet. Excluding those two incidents, the remaining 53 hacks totaled about $59 million, below August’s overall losses. PeckShield said the two cases now rank as the largest and second-largest crypto thefts of the year to date.
BTC
BTC+1.46%
23h ago
1d ago
Brazil’s VERT brings $130M of structured credit to XRPL as Tradable targets up to $1B on Stellar
Brazilian fintech VERT has deployed $130M in structured credit products on the XRP Ledger, marking a concrete rollout of private credit assets on XRPL. Separately, digital asset platform Tradable plans to introduce up to $1B in private credit exposure on the Stellar network. Together, the moves highlight accelerating migration of private credit—traditionally an off-chain asset class—into public blockchain ecosystems.
XRP
XRP+1.49%
1d ago
1d ago
Ripple targets 2027 rollout of XRP-backed credit to fund customer payments
Ripple President Monica Long said on October 3 that the company is running a pilot aimed at launching an XRP-based credit service in 2027 to help payments clients meet short-term funding needs. The model would use tokenized funds to enable 24-hour collateral access and real-time borrowing. Ripple also plans to broaden use of the XRP Ledger’s decentralized exchange in 2027 after a pilot produced positive results.
XRP
XRP+1.49%
1d ago
1d ago
TRUMP team-linked wallets transfer 81.87M tokens worth $249M to Binance and OKX over eight months
Wallets linked to the TRUMP token team transferred a total of 81.87 million TRUMP to centralized exchanges including Binance and OKX over eight months, with the tokens valued at about $249 million at an average transfer price of $3.04, according to on-chain data from EmberCN. The transfers account for about 8.2% of TRUMP’s 1 billion maximum supply and roughly 10.2% of the team’s 800 million token allocation. EmberCN’s tracking also shows the team still controls about 718 million TRUMP, or 71.8% of total supply, with an estimated value of $1.49 billion.
TRUMPSOL
TRUMPSOL+0.09%
1d ago