Author: James Wilson
Chorus One and Bitget launch institutional-grade Monad staking for 120m users, locking $6m in a week and targeting secure crypto adoption in emerging markets. Summary Chorus One partners with Bitget to offer institutional-grade Monad staking and restaking to over 120 million exchange users. Monad mainnet, launched in November 2025, offers high-throughput, Ethereum-compatible smart contracts and ~5.5-hour unstaking. Over $6 million was staked in the first week as both firms target decentralization, security, and adoption in Asia-Pacific and African markets. Chorus One has announced a partnership with cryptocurrency exchange Bitget to provide institutional-grade staking services for Monad (MON), according to a…
XRP price is edging towards a key support level as short positioning grows and on-chain activity rises. Summary XRP is under pressure amid negative funding rates and growing short interest. On-chain velocity reaches its highest level this year, indicating active token movement. Technical indicators show weak momentum with resistance near $2.25 to $2.35. XRP traded at $2.13 at press time after slipping 1.3% in the past day, extending a week of steady weakness that pushed it about 3.5% lower. The token is now about 40% below its July high of $3.65. Market activity appears to be cooling, with daily XRP (XRP)…
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…
Dogecoin price hovered near a key level as fresh regulatory and institutional updates shape a tightening market structure ahead of a decisive breakout. Summary DOGE price action has compressed into a narrowing symmetrical triangle, showing a market waiting for a clear catalyst. New ETF developments and Vanguard opening crypto ETF access briefly lifted momentum and boosted trading inflows. Key levels now sit at $0.150–$0.145 for support and $0.165 overhead, with a breakout above the trendline targeting $0.18–$0.20. Dogecoin was trading at $0.1507 at press time, up 0.5% in the past 24 hours. The weekly range now sits between $0.1326 and…
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…
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…
Coinbase Institutional released its monthly outlook report on Wednesday, indicating that conditions may favor a market reversal in December following Bitcoin’s underperformance in November. Summary Bitcoin underperformed in November, falling more than three standard deviations below its 90-day average, while U.S. equities saw milder declines. Market conditions may favor a December reversal, as the end of quantitative tightening and potential Fed rate cuts could unlock sidelined cash into Bitcoin and crypto vehicles. “I am bearish on the Fed and what they continue to do to the value of the dollar,” James Lavish says. “Bitcoin captures this.” The cryptocurrency exchange’s institutional…
When Sony Bank tapped Bastion to become its sole stablecoin issuance provider, it marked one of the clearest signals yet that the world’s largest enterprises are preparing for a future built on digital dollars. For Nassim Eddequiouaq, CEO of Bastion, the partnership is more than a milestone — it’s validation of a vision he’s been driving toward for years: regulated, enterprise-grade stablecoin infrastructure that can operate at global scale. Summary Sony Bank has selected Bastion as its exclusive stablecoin issuance provider, signaling a major push by a global enterprise into regulated digital dollars. Bastion will manage issuance, reserves, compliance and…
Ethereum has officially implemented its Fusaka upgrade, designed to increase the network’s transaction processing capacity while maintaining security and decentralization standards, according to network documentation. ETH co-founder Vitalik Buterin tipped his hat to the developers behind the initiative. Summary Ethereum rolls out Fusaka upgrade to boost transaction processing while keeping security and decentralization intact. Key innovation is EIP-7594 (PeerDAS), allowing nodes to verify block data without downloading everything, improving efficiency. Upgrade supports scaling and DeFi growth, helping Ethereum handle millions of daily transactions and maintain its leading smart contract ecosystem. “Big congrats to the Ethereum researchers and core devs who…