Author: 行政
ASIC has warned that Bitget is promoting unlicensed, high-leverage crypto derivatives that exceed Australia’s regulatory limits. The exchange has continued hosting events nationwide, including at universities, despite regulatory concerns. New legislation aims to tighten oversight by introducing mandatory licensing and stronger investor protections. Bitget’s promotional activity in Australia is facing scrutiny after the Australian Securities and Investments Commission (ASIC) warned about the platform’s unlicensed crypto derivatives offerings. The regulator highlighted that Bitget has been marketing futures products with leverage as high as 125:1, far exceeding Australia’s 2:1 cap designed to limit retail investor risk. ASIC stated that Bitget does not…
On Apr. 2, Coinbase received conditional approval from the Office of the Comptroller of the Currency for a national trust charter.Coinbase joined a cluster of at least eight firms that the OCC has moved toward federal trust-charter status since December 2025, and the cluster reveals a deliberate federal decision about which parts of crypto belong inside the supervised system.Why this matters: The US is shifting from regulating crypto to selecting which parts of the stack sit inside the banking perimeter. That decision defines who can scale nationally, who captures institutional flows, and who remains outside the system.The OCC conditionally approved…
Key takeaways PYTH is up 9% in the last 24 hours, outperforming other major cryptocurrencies. The rally comes following Pyth Network’s integration with Polymarket. PYTH, the native coin of the Pyth Network, is one of the best performers in the crypto market over the past 24 hours. It could rally higher in the near term as the broader market recovers from Thursday’s slump. PYTH rallies on Polymarket integration On Thursday, Pyth Network revealed in a blog post that Polymarket, the world’s largest prediction market platform, has integrated Pyth Pro as its data source for a new suite of traditional asset…
YGG Play and Verse8 are backing a new “Casual Degen” track to fast-track Web3 game development using AI tools and publishing support. The model is already proven, with LOL Land generating over US$8 million (AU$11.6 million) in revenue. Top projects gain funding pathways, publishing access and exposure to a major crypto-gaming market in South Korea. YGG Play and Verse8 have partnered to introduce a US$5,000 (AU$7,250) “Casual Degen” game track at BuidlHack 2026, aimed at accelerating the development of crypto-native gaming experiences. The hackathon will run from 13–19 April as part of Korea BUIDL Week, bringing together developers to experiment…
Key takeaways ETH is up by less than 1% and now trades above $2,050. The bulls defended the $2,000 support level, with further upward movement on the card. Ethereum is up by less than 1% at the time of writing on Friday, halting the bearish performance that gripped the market on Thursday. The coin could rally higher in the near term as buyers have stepped in over the past few hours. Onchain data paints a mixed picture for Ether ETH is trading above $2,050 at press time, but onchain data paint a mixed picture for the top altcoin. Over the…
Circle said it would soon launch cirBTC, a wrapped Bitcoin token designed to unlock DeFi utility while addressing trust issues around existing wrappers. Backed 1:1 by native Bitcoin reserves and built for interoperability, cirBTC aims to make BTC more accessible for yield, liquidity, and broader decentralised finance use cases. A wrapped Bitcoin token designed to unlock institutional use of Bitcoin holdings in decentralised finance (DeFi) beyond the BTC network will soon be launched by stablecoin issuer Circle. The NYSE-listed company behind the world’s second-largest stablecoin, USDC, announced its plan to issue a Circle Wrapped Bitcoin token — cirBTC — via…
Bitcoin becomes the live market over Easter as oil shocks hit and traditional finance goes darkThe Bitcoin market now has three trading days where it will act as the live venue for geopolitical risk while much of traditional finance is closed.As of Friday, April 3, Wall Street is closed for Good Friday; several other markets are shut or thinner than normal; and the macro backdrop has become harder, rather than easier, to price.Iran launched missiles and drones at Israel and the Gulf states. Fires were reported at Kuwait’s Mina al-Ahmadi refinery. The Strait of Hormuz remains the central transmission line through…
The CFTC and DOJ jointly sued Illinois, Arizona, and Connecticut on April 2 to block state cease-and-desist orders against federally regulated prediction market platforms including Kalshi, Polymarket, and Robinhood. CFTC Chairman Mike Selig cited exclusive jurisdiction under the Commodity Exchange Act, asserting that state regulators were attempting to “subvert federal law” by classifying event contracts as gambling requiring state licences. The federal suits mark the first direct court challenge to state prediction market enforcement, as 11 states pursue legal action against platforms and Congress separately debates bans on political insider wagering. Federal regulators escalated a legal conflict over prediction markets…
Polymarket launched daily up/down and closing-price bracket contracts for Tesla, Nvidia, Apple, gold, and WTI crude oil, automatically resolved by Pyth Network’s feeds from more than 90 institutional contributors. Intercontinental Exchange (NYSE’s operator) has committed a combined US$1.6 billion to Polymarket, which now processes more than US$20 billion in monthly trading volume. The expansion blurs the boundary between prediction markets and regulated derivatives, intensifying a CFTC jurisdiction dispute that has already prompted federal lawsuits against three US states. Prediction market giant Polymarket has introduced on-chain daily prediction markets for US equities, commodities, and ETFs, using Pyth Network’s real-time price feeds…
Bitcoin dropped to a weekly low near US$66,000, down 1.76% on April 2, as the US-Iran conflict disrupted Strait of Hormuz shipping and sent crude oil above US$100 per barrel. Bloomberg Intelligence Senior Commodity Strategist Mike McGlone warned Bitcoin may be reverting toward US$10,000, citing its pre-2020 bull run price level before the “biggest money pump in history.” Crypto liquidations exceeded US$400 million in 24 hours, with BTC’s 0.75 correlation to the S&P 500 leaving it exposed to equity-linked selling as oil-driven inflation fears mounted. Bitcoin (BTC) fell to around US$66,000 (AU$95,700) on April 2 after U.S. military action disrupted…