Papertrade has scheduled its HyperEVM perpetuals exchange to begin trading on Oct. 10 with up to 1000x leverage, after DefiLlama tracked about $85.3 million in deposits ahead of the opening. …
Andrew Grant
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Crypto
Another One Bites the Dust: Pudgy Penguins’ Abstract Layer 2 to Shut Down
by Andrew Grantby Andrew GrantIgloo, the parent company of Pengu crypto, will shut down Abstract on Dec. 15, 2026, and users must move their assets before the deadline or risk losing access to funds …
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XRP is attempting to stabilize after a sharp correction from its September highs, with the price currently trading around $1.40. While buyers have managed to trigger a rebound from the …
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China has called for a national blockchain network and an integrated computing power network in a policy document covering 19 measures to develop technology-led industries and connect the digital economy …
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UK crypto rules are entering a new phase. HM Revenue and Customs (HMRC) is proposing to extend its information-gathering powers to cryptoasset businesses and to change the rules on access …
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Over $19 billion was wiped out a year ago and BTC is still facing the consequences. October has a very solid reputation in the cryptocurrency markets as “Uptober” – …
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Hong Kong has warned that payment platforms operating without required licenses face enforcement action, after its monetary authority received 16 complaints about suspected unlicensed stored value services between January 2024 …
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Crypto
Oil and Treasury Yields Put the BTC USD Recovery Narrative to Test
by Andrew Grantby Andrew GrantBTC USD fell -1.5% to $82,700 by 02:13 ET (06:13 GMT) on Thursday, October 8, after briefly touching $82,300.50, its lowest level in nearly three weeks. The decline came as …
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Crypto
Toobit Wins Best Exchange for Trading Tokenized Equities Award
by Andrew Grantby Andrew GrantToobit is an award-winning international cryptocurrency exchange that recently announced that it has been named the Best Exchange for Trading Tokenized Equities at the CoinGape Global Onchain Awards 2026. Toobit, …
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In this week’s edition of the weekly recap, Bitcoin lost its early-October gains as U.S. exchange-traded funds recorded heavy withdrawals, while the Treasury abandoned two proposed crypto reporting rules. OKX …