Day: October 17, 2025

Swiss Regulator GESPA Files Complaint Against FIFA NFT Platform

admin

Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider. On Friday, GESPA announced the complaint, alleging the platform’s “competitions,” which feature user rewards like airdrop campaigns and challenges, constitute gambling under current Swiss regulations due to the element of chance in claiming rewards. GESPA wrote: “Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. Whether participants win a prize depends…

TRON strengthens its role as global settlement infrastructure in Q3 2025, reports CoinDesk, Nansen, and Particula

admin

Share this article Geneva, Switzerland – October 17, 2025 – CoinDesk Data the institutional research division of CoinDesk, a leading global media outlet in the cryptocurrency and blockchain industry, together with prominent blockchain analytics and risk assessment firms Nansen and Particula, have each released independent Q3 2025 reports analyzing onchain activity on the TRON network. Collectively, the findings highlight TRON’s continued dominance in global stablecoin settlements, retail payment infrastructure, and its rapid evolution into a mature, institutional-grade blockchain powering the next generation of decentralized finance. CoinDesk CoinDesk Q3 2025 Quarterly…

Stripe-backed L1 Tempo raises $500M in new funding round

admin

Key Takeaways Tempo, a blockchain startup from Stripe, raised $500 million in a round co-led by Thrive Capital and Greenoaks. Tempo is a specialized blockchain focused on efficient global payments, including stablecoin support and tools like Bridge and Privy. Share this article Tempo, a blockchain startup launched by Stripe, raised $500M in a funding round co-led by Thrive Capital and Greenoaks. Stripe introduced Tempo as a specialized blockchain designed to enhance payment efficiency for its ecosystem, including integrations with stablecoins and related tools like Bridge and Privy. The high-throughput, low-latency…

Bitcoin Sinks by 13%, Altcoins Get Battered as Trump Meets Putin, Zelenskiy: Your Weekly Crypto Recap

admin

The total crypto market cap is down by over $500 billion in a week. It has been a highly eventful, volatile, and mostly painful week for the cryptocurrency markets that started hours after our previous market update last Friday. At the time, BTC had retraced slightly since its ATH marked just days earlier, but was still holding strong above $120,000. However, US President Trump threatened China with a new wave of tariffs after saying its authorities had been lying, which sent shockwaves through the market. BTC dumped immediately to…

Huobi founder Li Lin to launch $1B Ether trust

admin

Key Takeaways Huobi founder Li Lin is launching a $1 billion Ether trust, signaling growing institutional interest in holding Ether as a core asset. The move comes as traditional finance and crypto companies increasingly adopt Ethereum for tokenized treasury products. Share this article Huobi founder Li Lin plans to launch a $1 billion Ether treasury, Bloomberg reported today. Lin, who founded the major crypto exchange, is expanding into Ethereum-based financial initiatives as institutional interest in Ether as a treasury asset grows. The move aligns with broader market trends toward Ethereum-based…

Crypto markets tumble amid US regional bank stress, prolonged government shutdown

admin

Key Takeaways Bitcoin and major cryptocurrencies experienced significant declines amid US regional banking stress and prolonged government shutdown concerns. The crypto market capitalization fell 6% as investors moved toward safe-haven assets following disclosures of substantial loan losses by US regional banks. Share this article Bitcoin lost more than $5,000 in less than six hours on Friday morning, pulling most altcoins lower as regional banking crisis fears mount and the US government shutdown drags into its third week. Bitcoin plunged from nearly $109,000 to $103,500 earlier today before rebounding to above…

Decentralized Compute Networks Will Democratize Global AI Access

admin

Opinion by: Gaurav Sharma, CEO of io.net  Artificial intelligence may be in its early days, but it has already delivered significant scientific and technological breakthroughs across the developed world. Unfortunately, these developments have come at a cost: the dangerous centralization of AI. On Forbes’ 2025 list of the top 50 private AI companies, all are based in the developed world, with 80% in the US.  AI remains skewed toward well-capitalized tech giants in the developed world.  For many in emerging economies, the price of entry to the AI revolution is…

Extreme Fear Creeps Back Into the Crypto Market as Bitcoin Tanks by $20K in Days

admin

The last time investors were this fearful was in early April when BTC traded around $76,200. For the first time in more than six months, crypto investors are experiencing deep fear. This bearish sentiment comes amid a broader market decline and bitcoin’s (BTC) dive to the $103,000 level. Data from Alternative.me shows that the Crypto Fear and Greed Index has fallen to a level that signals extreme fear among investors. The last time investors were this fearful was in early April when BTC traded around $76,200. Extreme Fear Grips…

Prediction Markets Going Mainstream As DeFi’s Most Accessible Product?

admin

Mike Rychko, a researcher at prediction market infrastructure provider Azuro, thinks prediction markets are breaking into the mainstream — and the data appears to back him up. In a Thursday X post, Rychko argued that prediction markets are entering the real world beyond crypto and that their accessibility is likely to result in their success as the first decentralized finance (DeFi) product that achieves mass adoption. “Most people will never open a derivatives exchange,” Rychko wrote. “But ‘87% chance Mamdani wins’ — that’s a language anyone speaks.” He added that…

MrBeast eyes crypto and banking services with new trademark filing

admin

Key Takeaways A new trademark application filed by Beast Holdings, LLC on October 13 reveals plans for a brand called “MrBeast Financial.” The filing covers a wide range of services spanning banking, investment, consumer lending, and cryptocurrency exchange functions. Share this article MrBeast, the world’s largest YouTuber, has filed a trademark for “MrBeast Financial,” a potential fintech venture covering banking, investment, and crypto-related services. The filing indicates MrBeast may be exploring financial services with possible crypto integration. Known for his viral challenges and philanthropic stunts, the YouTuber now seems to…