Day: November 10, 2025

Propanc Biopharma Secures up to $100 million for Crypto Treasury

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Australia-based Propanc Biopharma has announced that it has secured $100 million from a crypto-focused family office to launch a crypto treasury — a move its CEO described as “transformative” as its cancer therapy product enters human trials next year.  The private placement, structured through convertible preferred stock, provides Propanc with an initial $1 million investment and up to $99 million in follow-on funding over the next 12 months from Hexstone Capital, a family office that invests in several crypto treasury companies. The cancer-treating biotech company stated that the proceeds will…

UNI Pumps 38% After Introducing Token-Friendly Proposals

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The native token behind Uniswap rallied over 38% after the Uniswap Foundation and Uniswap Labs introduced a proposal aimed at making holding the token more appealing to investors. Among the potential changes outlined in the “UNIfication” proposal are activating a protocol-level fee mechanism to burn Uniswap (UNI) tokens and building a Protocol Fee Discount Auctions system to increase liquidity provider returns, the Uniswap Foundation said in a joint proposal with Uniswap Labs on Monday. They also plan to burn 100 million UNI — roughly 16% of the UNI’s circulating supply…

ZKasino Begins Partial ETH Refunds After $33M Scam

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ZKasino has refunded 35% of ETH deposits, marking the first repayments since its $33 million rug pull scandal. Embattled crypto gambling platform ZKasino has started returning a portion of investor funds following a $33 million scam that left thousands of users in limbo. The refunds come nearly six months after Dutch authorities arrested a suspect linked to the platform’s alleged rug pull, marking a tentative step toward restitution for affected users. ZKasino Founder Breaks Silence The project’s anonymous founder, Derivatives Monke, shared an update via a November 10 post…

Senate Ag Releases Crypto Market Structure Bill Draft

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The US Senate Agriculture Committee has released its long-awaited discussion draft of crypto market structure laws, bringing Congress closer to passing legislation outlining how the crypto sector will be regulated. Republican Agriculture Chair John Boozman and Democrat Senator Cory Booker released the draft on Monday, which includes brackets around sections of the bill that lawmakers are still negotiating. The bill aims to outline the limits of the Commodity Futures Trading Commission and the Securities and Exchange Commission’s power to regulate crypto. Only Congress can set the agencies’ regulatory boundaries, but…

Bitdeer Q3 Revenue Jumps 174% as Shares Drop Nearly 20%

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Shares of Singapore-based Bitcoin miner Bitdeer Technologies fell nearly 20% on Monday after the company reported a jump in quarterly losses. Bitdeer recorded a net loss of $266.7 million for the third quarter of 2025, compared with a net loss of $50.1 million for the same period a year ago, largely due to non-cash losses resulting from the revaluation of its convertible debt. Revenue climbed to $169.7 million, up 174% from the previous year, driven by the expansion of its self-mining operations, according to the company. BTDR closing price on…

Strategy Now Holds 641,692 BTC

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The company’s paper profit from its BTC investment is more than $20 billion. Bitcoin (BTC) nosedived severely on a couple of occasions last week, and Strategy (the former MicroStrategy) has used the opportunity to accumulate more assets at lower prices. Just recently, Michael Saylor (co-founder of the business intelligence software) revealed that the entity has acquired an additional 487 BTC purchased for approximately $102,557 per unit. The company has achieved BTC Yield of 26.1% YTD 2025 and currently holds 641,692 BTC. It has spent a little more than $47.5…

Institutional XRP ETF Boom Looms as DTCC Adds Five Listings, Analysts Map $10 Path

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Momentum for institutional adoption of XRP has surged as the Depository Trust & Clearing Corporation (DTCC) added five spot XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone. Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’ The listings include products from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, all of which are categorized as “active and in the pre-launch stage.” DTCC Lists Five Spot XRP ETFs, Signaling Institutional Readiness While the U.S. Securities and Exchange Commission (SEC) has yet…

US IRS, Treasury Update Guidance for Crypto ETPs

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The US Internal Revenue Service (IRS), the country’s tax-collection bureau under the Department of the Treasury, has updated its guidance for cryptocurrency exchange-traded products (ETPs) to include a safe harbor for trusts to stake digital assets. Treasury Secretary Scott Bessent wrote in a Monday X post that the agencies released guidance offering crypto ETPs “a clear path to stake digital assets and share staking rewards with their retail investors.” According to the guidance available on the IRS website, government agencies would allow crypto trusts to participate in staking, provided they are traded…

Bitcoin’s Taproot Supply Falls 3% Since 2024 as Quantum Risk Fears Rise

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Over 470,000 BTC left dormancy in 2025, mostly tied to custody shifts, rather than capitulation, analysts say. Bitcoin’s Taproot address supply has fallen by roughly 3% since January 2024, according to on-chain analyst Willy Woo. The decline is sparking debate across the crypto community, with experts split on whether long-term holders (LTHs) are quietly selling or simply repositioning their funds amid rising concerns about quantum computing threats. Bitcoin Housecleaning or Whale Sell-Off? Data shared by Woo on X shows Taproot addresses, Bitcoin’s latest transaction format, trending downward since early…

eToro Posts 76% YoY Asset Growth, Stock Rises Around 7%

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Shares of social trading and investing platform eToro (Nasdaq: ETOR) rose on Monday after the company reported a 76% year-over-year increase in assets under administration to $20.8 billion in the third quarter. The company also posted a 28% increase in net contribution to $215 million, up from $167 million the previous year, alongside the launch of a $150 million share repurchase program. Net income under Generally Accepted Accounting Principles (GAAP) rose 48% to $57 million from $39 million in the same quarter last year, while funded accounts expanded 16% to…