Author: 行政
Evernorth delayed its Nasdaq debut after shares of the SPAC taking the XRP treasury company public lost half their value.Armada Acquisition Corp. II, which currently trades under the XRPN ticker, closed Tuesday at $19.20, down 50.3% from $38.65 a day earlier, according to data compiled by StockAnalysis. The shares had traded as high as $53 on Oct. 2 after closing at just $10.58 on Sept. 28.In an Oct. 6 filing, Evernorth said an administrative delay had pushed completion of its merger with Armada to around Oct. 9 from Oct. 7. Trading of the combined company on Nasdaq is now expected…
Robinhood is adding $25 million of Bitcoin to its balance sheet after executives previously debated whether corporate crypto holdings would benefit shareholders.Johann Kerbrat, Robinhood’s senior vice president and general manager of crypto and international, announced the allocation Wednesday, saying the brokerage views Bitcoin as a strategic addition to diversify its assets.“We believe firmly in the future of crypto,” Kerbrat said on X.The allocation is small relative to Robinhood’s financial resources, but it represents a shift in how the brokerage uses its own capital. Until now, Robinhood’s crypto strategy has largely centered on giving customers access to digital assets, acquiring infrastructure…
Polymarket’s Protocol V2 rollout does not automatically move existing bets held under its older Conditional Tokens Framework, or CTF, onto new contracts. Its migration guidance tells trading integrations to retain support for those holdings while adding a separate system for V2 positions and new trading permissions.In his Oct. 5 announcement, Rajath Alex said Polymarket would run a few live test markets, known as canary markets, from Oct. 5 through Oct. 30. He described Nov. 2 as a tentative switch for newly created markets, rather than a deadline for converting every existing bet.For people using Polymarket’s app or website, no technical…
S&P brings ratings-style scrutiny to $10 billion crypto vault market as $6 million Base incident exposes risks
S&P Global is bringing ratings-style risk assessments to crypto lending vaults as the fast-growing market confronts fresh security failures.The ratings firm launched its Vault Risk Assessment framework on Oct. 4, creating a standardized approach for comparing the likelihood that investors suffer impairment in lending vaults. Deposits in the products reached about $10 billion in September, up from $1.5 billion two years earlier, according to S&P.The launch came the same day blockchain security firm CertiK flagged suspicious movements involving an unnamed vault on Coinbase-backed Base network.According to the blockchain security firm, the newly deployed proxy borrowed about 1,783 aBaswstETH, worth roughly…
Bitcoin’s October 7 morning market readings showed roughly $143 million in Bitcoin futures positions liquidated over the preceding 24 hours and a price range that dipped below $84,000. The positive US ETF session could not predict whether leveraged positions would survive their margin tests.CoinGlass reported a BTC futures liquidation total of $143,016,790 at 06:53 UTC.The 24-hour price range included a low of $83,647. CryptoSlate’s Bitcoin price page showed the price at around $84,288 during EU trading hours, down 1.25% over 24 hours.US spot Bitcoin ETFs recorded $118.8 million in net inflows for October 6, according to Farside Investors after a…
Crypto.com adds Insilico tools for spot and derivatives trading access. Users get low-latency execution without subscription fees or custody. Integration supports advanced orders, hotkeys and multi-exchange trading Crypto.com Exchange has announced a strategic partnership with Insilico Terminal, giving users access to professional trading tools while continuing to trade spot and derivatives through Crypto.com. The integration allows Crypto.com Exchange accounts to connect directly with Insilico’s trading platform, which is designed for active crypto traders seeking faster execution and more advanced order management. Through the partnership, users can access Insilico’s execution tools without paying subscription fees, while keeping their funds on Crypto.com…
ZachXBT spent months posing as a customer to infiltrate a Chinese criminal network allegedly responsible for laundering more than US$1 billion for North Korea’s Lazarus Group. The investigation began after the US$1.5 billion Bybit hack, when suspicious accounts openly sought laundering assistance through Telegram and Discord. Wallet addresses and transaction records helped ZachXBT trace millions in stolen funds, including a cluster linked to 442,000 USDT subsequently frozen by Tether. Having helped secure freezes involving more than US$75 million in DPRK-linked funds since 2022, ZachXBT is seeking funding for further investigations. Nothing screams criminal mastermind like a money launderer swapping stories…
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red Bull Racing.The consumer-focused Ethereum layer-2 (L2) cited stagnant growth, thin liquidity, restricted DeFi activity, and limited institutional crossover.Igloo CEO Luca Netz said the company had lost “tens of millions of dollars” supporting the network and chose to forgo a token launch as a lifeline. Abstract says funds left on the chain at the deadline will become inaccessible.Users arrived, and liquidity stayed homeDefiLlama’s snapshot shows that Abstract’s 41,078 daily active addresses produced $9.7 million in DeFi total value…
Key takeaways Bitcoin briefly fell below $84,000 during Wednesday’s Asian session. Rising oil prices added inflation concerns ahead of the FOMC minutes, keeping interest-rate expectations in focus. BTC’s immediate support lies around 80,000–82,000, while a sustained break above $87,000 could put $100,000 in focus. Bitcoin weakened Wednesday as investors awaited the Federal Reserve’s meeting minutes and assessed renewed inflation risks from rising oil prices. Bitcoin slipped below $84,000 during Asian trading despite a return to inflows into U.S. spot Bitcoin exchange-traded funds. The moves highlight uncertainty over monetary policy. Although expectations for an October rate increase have eased, the analysis…
OKX unveiled OKX Money on 6 October at its OKX Now event in Singapore, letting users fund accounts in more than 50 currencies that convert into USDG, USDC or USDT. Qualifying customers can earn up to 10% APY on eligible USDG balances and spend through virtual or physical cards with zero foreign exchange fees. OKX says the app is starting in participating markets and has not named Australia, where OKX Australia launched an SMSF platform last year. OKX released OKX Money on Tuesday, a separate app that converts deposits in more than 50 currencies into dollar-backed stablecoins for saving, sending…