Category: Reviews

SUI Group partners with Ethena to launch stablecoins, reducing reliance on USDC

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Key Takeaways SUI Group partners with Ethena to launch new stablecoins on the Sui blockchain, aiming to reduce reliance on USDC. The new stablecoins are yield-bearing, designed to subsidize network fees and support sustainable models for the Sui ecosystem. Share this article SUI Group, a Nasdaq-listed treasury management company, partnered with Ethena, a yield-generating stablecoin protocol, to launch new stablecoin offerings that will decrease the Sui blockchain ecosystem’s dependence on Circle’s USDC. The collaboration involves Ethena launching yield-bearing stablecoins designed to subsidize network fees and promote sustainable economic models within…

USDT supply hits 175B

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Key Takeaways Tether’s USDT stablecoin supply has hit 175 billion tokens. This achievement underscores USDT’s continued dominance and growth in the stablecoin sector. Share this article Tether’s USDT supply reached 175 billion tokens, according to CoinGecko data. The milestone marks continued growth for the flagship stablecoin from Tether, a stablecoin issuer positioning itself as “The Stable Company.” Tether has been advancing USDT as a tool for financial inclusion in developing regions by creating extensive physical and digital distribution networks for remittances and daily transactions. Competitors are adopting USDT’s technology and…

White House withdraws nomination of Brian Quintenz for CFTC chair

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Key Takeaways The White House has withdrawn Brian Quintenz’s nomination to chair the CFTC, ending his potential leadership of the derivatives regulator. Brian Quintenz is a former CFTC commissioner known for his active role in crypto regulation discussions and his support for presidential policies. Share this article The White House withdrew Brian Quintenz’s nomination for CFTC chair, ending his bid to lead the Commodity Futures Trading Commission. Quintenz, a former CFTC commissioner, has been active in public discussions on crypto regulation and supportive of presidential policies. The CFTC oversees derivatives…

21Shares launches Jupiter Exchange ETP in Europe for institutional investors

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Key Takeaways 21Shares launched the AJUP ETP, offering regulated access to Jupiter Exchange’s governance token on Solana. The listing on European exchanges reflects growing institutional demand for Solana-based DeFi products. Share this article 21Shares, a provider of exchange-traded products focused on crypto exposure, today launched the Jupiter Exchange ETP (AJUP) in Europe, giving institutional investors regulated access to Jupiter Exchange’s native governance token. The ETP tracks the performance of $JUP, the governance token of Jupiter Exchange, a decentralized exchange aggregator on the Solana blockchain that serves as a central hub…

ECB urges tighter rules on multi-issuance stablecoins to curb financial risks

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Key Takeaways The European Central Bank (ECB) is calling for bans or stricter oversight on multi-issuance stablecoins due to crash fears. The ECB highlights concerns that stablecoins issued across multiple countries by the same entity can create financial stability risks. Share this article The European Central Bank is pushing for stricter rules on multi-issuance stablecoins, citing concerns that rapid expansion of these digital assets could trigger broader financial instability without proper oversight. The ECB has recommended addressing gaps in rules for third-country stablecoin issuers to prevent inconsistencies in multi-jurisdictional operations.…

Turkey moves to expand Masak’s powers to combat illicit crypto activity

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Key Takeaways Turkey is expanding the powers of its Financial Crimes Investigation Board (Masak) to combat illicit crypto activities, including illegal gambling. Masak could gain the authority to restrict mobile and internet banking operations suspected of facilitating financial crimes connected to cryptocurrencies. Share this article Turkey is moving to strengthen its Financial Crimes Investigation Board (Masak) with expanded powers to combat illicit crypto activity, according to Bloomberg. The proposed measures target misuse of bank and crypto accounts in schemes such as illegal gambling and fraud. The proposed regulation would grant…

Coinbase to introduce Sui futures on derivatives platform on October 20

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Key Takeaways Coinbase will list Sui futures on its derivatives platform starting on October 20. Sui is a layer 1 blockchain focused on high-speed transactions and ecosystem growth. Share this article Coinbase will launch Sui futures on its derivatives platform on October 20, expanding trading options for the layer 1 blockchain’s native token. The CFTC-regulated exchange has been broadening its crypto derivatives offerings to enhance access for US investors. Coinbase Derivatives recently introduced perpetual-style futures for assets including Solana and XRP. Sui focuses on high-speed transactions and has upcoming token…

Spot gold reaches record high of $3,833 with nearly 2% gain

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Key Takeaways Spot gold hit a record high of $3,833, registering nearly a 2% gain in one day. Gold prices are up more than 45% year-to-date in 2025, vastly outperforming the S&P 500. Share this article Spot gold reached a record high of $3,833 today, marking a nearly 2% gain as the precious metal continues its surge amid ongoing geopolitical tensions and central bank demand. Gold has outperformed the S&P 500 by a factor of three this year, with spot prices climbing over 45% year-to-date in 2025. The rally extended…

Cyber Hornet files for ETFs blending S&P 500 with Ether, XRP, and Solana futures

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Key Takeaways Cyber Hornet has filed to launch three ETFs combining S&P 500 stocks with Ether, Solana, and XRP futures in a 75/25 allocation. The proposed ETFs will charge a 0.95% management fee, rebalance monthly, and provide exposure to crypto through direct and futures investments. Share this article Cyber Hornet Trust is seeking regulatory approval for three new exchange-traded products designed to track the S&P 500 and the S&P CME 75/25 Blend Indexes for Ethereum, XRP, and Solana futures, according to a recent SEC filing. The proposed ETFs are the…

Bombay Stock Exchange rejects company listing for crypto investments

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Key Takeaways Bombay Stock Exchange (BSE) denied Jetking Infotrain’s listing because the company planned to invest 60% of raised funds in virtual digital assets, mainly Bitcoin. Indian regulatory framework allows companies to use profits for crypto purchases but not public fundraising for such investments. Share this article The Bombay Stock Exchange denied Jetking Infotrain’s listing application after the IT training company disclosed plans to allocate around 60% of raised funds to virtual digital assets as a treasury strategy. Jetking, which planned to raise over ₹6 crore through share sales, intended…