Category: Bitcoin News

Hard Money Vs. Privacy? Saifedean Ammous Questions Crypto’s Privacy Push

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Bitcoin advocate Saifedean Ammous ignited a lively debate between Bitcoiners and privacy advocates by questioning the perceived importance of privacy as a key characteristic of money in an exclusive interview with Cointelegraph. “This is the question. How much demand is there for money that does not get debased versus how much demand is there for money that allows you to maintain your privacy?” Ammous said. Ammous, the author of “The Bitcoin Standard,” described Zcash as a “shitcoin” and raised concerns about the initial launch of the project, which involved a…

Wemade Taps Chainalysis, Certik and Sentbe to Form Krw Stablecoin Alliance

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Blockchain gaming company Wemade is pushing for a Korean won-based stablecoin ecosystem, forming a Global Alliance for KRW Stablecoins (GAKS) with Chainalysis, CertiK and SentBe as founding partners.  Wemade announced that the alliance will support StableNet, a dedicated mainnet for Korean won-backed stablecoins, with publicly released code and a consortium model that aims to meet institutional and regulatory requirements.  Within the partnership, Chainalysis will integrate threat detection and real-time monitoring, while CertiK will handle node validation and security audits.  Money transfer company SentBe will contribute licensed remittance infrastructure across 174…

Crypto Exchanges Pledge $3.2M Donations To Hong Kong Fire Victims

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Some of the world’s biggest cryptocurrency exchanges and Web3 companies have pledged millions of dollars to support victims of the deadly fire at the Wang Fuk Court apartment complex in Hong Kong’s Tai Po District, highlighting the sector’s growing role in real-world relief efforts. Three centralized crypto exchanges (CEXs) have publicly pledged to donate $24.78 million Hong Kong dollars ($3.19 million) to aid the victims of the devastating fire, which claimed the lives of at least 128 residents. The donations included $1.5 million from Bitget exchange, $1.28 million from Binance,…

KuCoin Secures MiCA License In Austria For EU Crypto Services

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Major cryptocurrency exchange KuCoin is the latest company to secure a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. KuCoin’s European arm, KuCoin EU, secured a MiCA license from the Financial Market Authority of Austria, the company said in a statement shared with Cointelegraph on Friday. The authorization allows KuCoin EU to offer crypto asset services across 29 countries in the European Economic Area (EEA), excluding Malta, according to the exchange’s representatives. “Securing the MiCA license with our local entity in Austria is a defining milestone in…

IMF Warns of Flash Crashes from Tokenized Markets

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The IMF dropped an explanatory video on its X handle today exploring the new phenomenon of tokenized markets. The international body responsible for ensuring the stability of the global monetary system recognized the advantages of tokenized markets in the video, but warned that they can be prone to flash crashes and are more volatile than traditional markets. “Tokenization can make financial markets faster and cheaper, but efficiencies from new technologies often come with new risks,” the video said. IMF lays out benefits of tokenized markets The video frames tokenization as…

UK Floats ’No Gain, No Loss’ Taxes on DeFi Transactions

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The UK has floated a new tax framework that eases the burden on decentralized finance (DeFi) users, with deferred capital gains taxes on crypto lending and liquidity pool users until the underlying token is sold, which the local industry has welcomed. HM Revenue and Customs (HMRC) proposed on Wednesday a “no gain, no loss” approach to DeFi that would cover lending out a token and receiving the same type back, borrowing arrangements and moving tokens into a liquidity pool.  Taxable gains or losses would be calculated when liquidity tokens are…

How the Fusaka Upgrade Advances Ethereum’s Long-Term Roadmap in 2025

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What is Fusaka? On Dec. 3, 2025, Ethereum will activate the Fusaka upgrade on mainnet, its second major hard fork of the year after Pectra in May. Rollups now carry the bulk of Ethereum transactions and fee revenue, yet they are still constrained by how much data they can post back to the layer 1 and what it costs. Fusaka is designed to relieve that pressure. Its headline feature, PeerDAS (peer data availability sampling), lets validators verify rollup blob data without downloading everything, cutting bandwidth and storage requirements while opening…

Switzerland Delays Crypto Tax Sharing Rule Until 2027

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Switzerland has delayed implementing rules that would automatically exchange crypto account information with overseas tax agencies until 2027 and is still deciding which countries it will share data with. Crypto-Asset Reporting Framework (CARF) rules will still be enshrined into law on Jan. 1, as originally planned, but will not be implemented until at least a year later, the Swiss Federal Council and State Secretariat for International Finance said on Wednesday. It added that the Swiss government’s tax committee “suspended deliberations on the partner states with which Switzerland intends to exchange…

DEX Trading Volumes Surge on Memecoins Mania

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Crypto decentralized exchange (DEX) trading volumes have surged to a peak against their centralized counterparts, driven by a “memecoin speculation mania,” says CoinGecko. The ratio of spot crypto trading on DEXs compared to centralized exchanges (CEXs) has more than tripled in the past five years to reach new highs in 2025, CoinGecko research analyst Yuqian Lim said in a report on Thursday. The DEX to CEX spot ratio hit an all-time high of 37.4% in June off the back of a spike in memecoin interest and “a spike in PancakeSwap’s…

ETH Futures Surge Against BTC As Traders Eye $3.4K

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Ethereum (ETH) traders are quietly rotating back into leverage, with fresh futures data signaling a major shift in market positioning as ETH approaches a critical technical zone. Key takeaways: Ether leads all major crypto assets in the futures-to-spot ratio, with the current rating at 6.84. Derivatives traders are reallocating risk into ETH while Bitcoin shows declining open interest. Technical structure remains constructive, with bulls eyeing a potential run toward $3,390 if key levels flip. ETH futures attract more attention from traders  Recent data from CryptoQuant indicated Ether’s futures-to-spot ratio on…