News

Compliance · 2 weeks ago AUSTRAC Cancels 45 Crypto and Remittance Registrations in Enforcement Sweep Australia's financial intelligence agency, AUSTRAC, has canceled, suspended, or refused to renew 45 registrations for crypto and remittance firms over the past year due to various compliance issues.

Spot & ETFs · 2 weeks ago Zcash Surges Past $1,000 Amid Speculative Momentum and Short Seller Pressure Zcash's recent price surge to over $1,130 has raised concerns among analysts about its sustainability, driven by speculative trading rather than fundamental growth.

Policy · 2 weeks ago Germany's AfD Achieves Historic Election Win, Reviving Pro-Bitcoin Agenda The Alternative for Germany (AfD) party secured 43.8% of the vote in the Saxony-Anhalt state election, reigniting discussions on its pro-Bitcoin policies.

Spot & ETFs · 2 weeks ago Bitcoin Forms Golden Cross Amid $3.8 Billion ETF Inflows Bitcoin's 50-day moving average has crossed above its 200-day average, marking a golden cross as institutional inflows surge, indicating bullish momentum.

Macro · 2 weeks ago Saudi Coalition Responds to Houthi Attacks Injuring 73 Amid Rising Regional Tensions The Saudi-led coalition has pledged a firm response following recent Houthi attacks that injured 73 people in Saudi Arabia, signaling escalating regional tensions.

Companies · 2 weeks ago Huawei Targets 600,000 AI Chips by 2026 Amid Semiconductor Supply Chain Push Huawei aims to produce 600,000 Ascend 910C AI accelerator chips by 2026, doubling previous output levels as part of its broader semiconductor strategy.

Macro · 2 weeks ago Russia Launches Missile Strikes on Kyiv Following US Envoys' Visit Russia has intensified military actions with missile strikes on Kyiv, coinciding with a visit from U.S. envoys discussing peace efforts, highlighting ongoing tensions in the region.

Macro · 2 weeks ago Canada Implements Counter-Tariffs on $20B of US Goods Amid Trade Tensions In response to US tariffs, Canada has enacted counter-tariffs on approximately $20 billion worth of American imports, escalating trade tensions significantly.

Derivatives · 2 weeks ago Wheat Prices Surge Amid Ongoing Conflict in Ukraine Wheat futures have risen significantly as concerns about the ongoing conflict in Ukraine persist, with exports from Russia and Ukraine facing severe constraints.

Macro · 2 weeks ago RBA's Sarah Hunter Advocates Economic Weakening to Control Inflation Reserve Bank of Australia's Sarah Hunter suggests that reducing inflation may require a deliberate slowdown of the economy, as inflation remains stubbornly high.

Companies · 2 weeks ago Longsys Electronics Raises $903M in Hong Kong IPO, Focuses on AI Memory R&D Longsys Electronics has raised approximately $903 million through its Hong Kong IPO, with plans to invest 78% of the proceeds into research and development for AI memory technology.

Macro · 2 weeks ago China Achieves $119 Billion Trade Surplus in August Amid Strong Export Growth China's trade surplus reached $119 billion in August, marking the third consecutive month above $100 billion, driven by a surge in high-tech and automotive exports.

Adoption · 2 weeks ago Samsung SDS Strengthens AI Partnerships with OpenAI and Anthropic Samsung SDS has expanded its partnerships with OpenAI and Anthropic, enhancing its role in AI transformation within South Korea's enterprise sector.

Funding · 2 weeks ago Anthropic Withdraws from $6 Billion Acquisition of AI Startup Decart Anthropic has halted its negotiations to acquire Decart, an Israeli AI startup, valued at $6 billion, amid preparations for a potential IPO.

Macro · 2 weeks ago Japan Sees 4.7% Rise in Average Cash Earnings, Fueling Wage Growth Streak In July, Japan reported a 4.7% year-on-year increase in average cash earnings, marking the fifth consecutive month of significant wage growth, as companies respond to labor shortages and strong corporate profits.

Stablecoins · 2 weeks ago Tether's Alloy Gold-Backed Reserves Surpass $210 Million Tether's Alloy, a gold-backed synthetic dollar, has surpassed $210 million in reserves, indicating growing interest in gold-collateralized assets.

Compliance · 2 weeks ago U.S. Central Command Confirms Active Blockade Operations Against Iran The U.S. Central Command has confirmed military operations enforcing a blockade against Iran, redirecting numerous vessels amid rising regional tensions.

Macro · 2 weeks ago UBS Forecasts Fed Rate Hikes, Potentially Pressuring Bitcoin Through December UBS's updated outlook predicts two Federal Reserve rate hikes this year, which could impact Bitcoin's performance as investors reassess the appeal of non-yielding assets against interest-bearing alternatives.

Hacks & Exploits · 2 weeks ago Liquid Network Receives 3,400 BTC Back from White Hat Hackers After Security Fix Following a significant breach, the Liquid Network has received 3,400 BTC back from white hat hackers, who retained 598 BTC as a finder’s fee. The return was contingent on the network addressing security vulnerabilities.

Companies · 2 weeks ago Solana Surges in Zcash Trading, Ranks Fourth Among Major Exchanges Solana has emerged as a significant player in Zcash trading, processing $64 million in ZEC trades in a single day, ranking fourth among major exchanges.