KuCoin launches perpetual futures tracking Tesla and Strategy stocks
The USDt-settled contracts allow traders to speculate on the price movements of the two companies’ shares around the clock without owning the underlying stocks.
Bitcoin miners saw the AI power crunch coming — and the nuclear revival
AI-driven data center demand is reviving nuclear power across the US, and Bitcoin miners were among the first to tap nuclear energy to run high-performance computing operations.
Crypto millionaire’s Nevis project offers residents $100 a month: FT
Olivier Janssens’ Destiny project offered Nevis residents $100 a month if the government approves the development, triggering sharp local criticism, the Financial Times reported.
DOJ and Europol take down SocksEscort network tied to crypto fraud
Law enforcement agencies seized 34 domains, 23 servers and froze $3.5 million in crypto linked to SocksEscort, a proxy service that hijacked 369,000 devices.
UK central bank is warming up to stablecoins, but says industry input is lacking
The Bank of England is open to fixes on its proposed stablecoin framework, but one official said it needs better feedback from crypto industry participants.
Prediction markets will scale as far as their resolution infrastructure allows
Prediction market volume scales every month, as resolution infrastructure becomes a bottleneck. Opaque outcomes drive capital to headline markets only.
HSBC, Standard Chartered tipped for first Hong Kong stablecoin licenses: Report
Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.