Author: James Wilson
Proprietary trading firms are financial institutions that primarily trade using their own capital rather than managing client funds or offering brokerage services. Instead, they compete by building cutting-edge technology, hiring top quantitative talent, and developing sophisticated trading algorithms. Read this Tibra Capital Review to know more about it as a proprietary trading firm. What is Tibra Capital? Tibra Capital, headquartered in Australia, is a global proprietary trading firm founded in 2006—not a retail broker, but an internally focused quantitative trading operation competing in the world’s most advanced financial markets. It trades exclusively with its own capital rather than managing money…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Freecash offers users a fast, mobile-friendly way to earn and withdraw crypto by completing games, surveys, and other online tasks. Summary Freecash supports quick, crypto-compatible withdrawals, making it easy for users to convert earnings into digital assets. The platform offers many earning options, including games, surveys, app trials, and daily bonuses. With strong community ratings and low withdrawal thresholds, Freecash is considered a reliable choice for users looking to earn small amounts of crypto in their spare time. Accessible…
Kyrgyzstan has officially launched USDKG, a gold-backed stablecoin pegged 1:1 to the USD, with an initial issuance of $50 million, according to PR shared with crypto.news. Summary USDKG is pegged 1:1 to the U.S. dollar and fully backed by gold reserves. State-owned issuer aims to expand reserves to $500 million and later $2 billion. The project marks Central Asia’s first state-supervised, gold-backed digital currency. USDKG is built on the Tron blockchain and audited by ConsenSys Diligence, with future support planned for Ethereum. Tokens are issued by a state-owned company under the Ministry of Finance, OJSC Virtual Asset Issuer. However, it’s…
Tether CEO Paolo Ardoino slammed S&P Global Ratings after it gave the company’s stablecoin its lowest stability score, citing disclosure gaps and high-risk reserves. Summary S&P rated tether’s stablecoin “5 (weak)”, pointing to limited transparency and growing exposure to bitcoin, gold, secured loans, and corporate bonds. Ardoino framed the rating as a failure of traditional finance to assess an overcapitalized crypto firm operating without “toxic reserves” while remaining profitable. S&P warned that price drops in bitcoin and other risky assets could undercut tether’s overcollateralization buffer, though most reserves sit in short-term US Treasuries and cash equivalents. Tether CEO Paolo Ardoino…
Hedera’s HBAR has been reinstated to the Coinbase 50 Index, restoring its inclusion in the KraneShares Coinbase 50 ETF and COIN50 perpetuals as trading volume and price strengthen above resistance. Summary HBAR’s return to the Coinbase 50 Index means renewed exposure via the KraneShares Coinbase 50 ETF and the COIN50-PERP product. The token was initially in the index at its late‑2024 launch but was removed amid questions over permissionless consensus criteria. Hedera uses hashgraph consensus focused on speed and efficiency, targeting enterprise-grade decentralized applications and payments. Hedera’s HBAR token has been reinstated to the Coinbase 50 Index after being removed…
Bitcoin reclaimed the $91,000 zone after a 30% drawdown, with analysts divided over whether current consolidation signals recovery or a deeper bear phase. Summary Bitcoin bounced back above $91,000 after an eight‑month low, reclaiming a zone that flipped from support to resistance during Trump’s recent tariff talks. Bullish analysts highlight consolidation above key ranges and improving 4h momentum signals, while warning that a drop below nearby support risks new lows. Bearish views argue this post‑ATH drawdown marks the start of a multi‑year bear market, especially threatening overleveraged investors despite short‑term relief. Bitcoin recaptured the $91,000 level following a decline of…
South Korea’s financial sector was hit by a coordinated Russia–North Korea supply chain attack using Qilin ransomware, with 2 TB of sensitive banking data stolen. Summary Bitdefender’s October Threat Debrief details how threat actors breached a third‑party vendor to infiltrate multiple South Korean financial institutions. Attackers deployed Qilin ransomware across compromised networks after initial access, exfiltrating roughly 2 terabytes of data from targeted banks. The joint involvement of Russian and North Korean state‑linked actors marks an escalation in supply chain tactics against critical financial infrastructure. South Korea’s financial sector suffered a coordinated supply chain attack attributed to Russian and North…
A new initiative by Cronos opens x402 PayTech Hackathon to $42,000 in prizes for developers building AI-native payment applications on its recently upgraded blockchain network. Summary $42,000 prize pool for AI-directed on-chain payment innovation Cronos infrastructure upgraded with 10X lower gas fees and sub-second block times Registration open on DoraHacks with builds running December through January Cronos has kicked off registrations for its x402 PayTech Hackathon, putting up a $42,000 pool for developers experimenting with AI-native payment rails on its blockchain stack. The program is looking for teams working on automated settlement flows, intelligent wallet tooling, and real‑world asset payment…
Ethereum is retesting key resistance after a correction, with analysts eyeing the December 3 Fusaka upgrade as a potential catalyst for a rally and higher dominance Summary Ethereum failed to reclaim a major resistance zone this week, keeping the risk of printing a new low elevated despite a short‑term bounce. Analysts argue the December 3 Fusaka upgrade, the largest since The Merge, could mirror the post‑Pectra rally if it boosts rollup data availability. Market watchers highlight repeated wave patterns, a potential btc pair breakout, and consolidating dominance as signals of a possible upcoming upside move. Ethereum attempted to recover from…
Australia introduces a digital assets framework bill to license crypto platforms under asic, aiming to protect consumers and boost market confidence. Summary Government bill would force most digital asset and tokenized custody platforms to obtain an afsl and comply with asic oversight and conduct rules. Framework adds tailored licensing thresholds, exempting low-volume platforms while aligning larger players with traditional financial services regimes. Officials argue clearer rules will reduce risks exposed by past exchange failures and attract domestic and global crypto businesses to Australia. Australia’s government tabled legislation in Parliament on Nov. 27, 2025, aimed at regulating digital asset platforms and…