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Cryptoslate
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Mt. Gox extends creditor repayment deadline to 2025
- The trustee overseeing the collapsed Japanese crypto exchange Mt. Gox has extended the creditor repayment deadline by one year to Oct. 31, 2025.
- The extension is necessary to complete the repayment process for all creditors who have not yet received their funds due to various issues.
- Mt. Gox has largely completed repayments to creditors who successfully completed the necessary steps and faced no issues during the process.
- Mt. Gox wallets currently hold 44,900 BTC, equivalent to $2.75 billion at press time.
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TheNewsCrypto
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South Korean Law Recognizes Cryptocurrency in Divorce Settlements
- South Korean law now allows married couples to divide cryptocurrency holdings during a divorce settlement.
- A 2018 ruling classified cryptocurrencies as property due to their economic value.
- Married couples in South Korea can now include cryptocurrency holdings in asset division during divorce.
- Spouses can request court investigation of crypto holdings and divide them in cash or directly share the cryptocurrency.
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TheNewsCrypto
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Crypto Captivates 47% of Hedge Funds Worldwide
- 47% of traditional hedge funds have exposure to cryptocurrencies.
- 42% of the hedge funds are focused on traditional assets.
- 50% of the hedge funds have allocated capital to digital assets.
- 47% of invested traditional hedge funds have ventured into cryptocurrencies in 2024.
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Bitcoinist
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Crypto Custody Solutions To Debut In Taiwan With Local Bank Trials In 2025
- The Taiwanese financial regulator, the Financial Supervisory Commission (FSC), plans to trial institutional crypto custody services with local banks in 2025.
- Interested financial institutions must specify the type of digital asset they would like to hold and adhere to security guidelines to prevent money laundering and engage with assets from illegal sources.
- The FSC aims to release further information about the trial at least 15 days before accepting applications and gather public feedback to refine the process.
- Taiwan's growing embrace of digital assets follows regulatory developments and pro-crypto stances in other Asian countries such as Japan and the United Arab Emirates.
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Bitcoinsensus
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Ripple Offers New Crypto Custody Services for Banks and Fintech Firms
- Ripple is expanding its 'crypto custody' services for banks and fintechs worldwide.
- Crypto custody services help safeguard digital assets and promote digital asset adoption among financial institutions.
- Ripple's expanded services could impact its regulatory battles with the SEC and enhance its credibility.
- The new features of Ripple Custody include AWS CloudHSM, pre-configured frameworks, XRPL integration, compliance integrations, and improved UI and usability.
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Altcoinbuzz
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Fuse Launches ‘Charge,’ First Non-Custodial Bank for Web3
- Fuse has launched 'Charge,' the first non-custodial bank for Web3.
- Charge is a pioneering custodial merchant bank designed for Web3 firms, particularly small and medium-sized businesses.
- It is the first non-custodial Web3 merchant bank, offering low transaction fees and features like generating invoices and managing cross-border transactions.
- Charge aims to facilitate secure and user-friendly crypto and fiat transactions, contributing to the growth of the Web3 payments market.
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Crypto-News-Flash
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Top 3 Trending Coins: Bitcoin, Chiliz, and Nubcoin Dominate Social Media as Traders Await Bullish Signals
- Bitcoin (BTC), Chiliz (CHZ), and Nubcoin (NUB) have been identified as the top three trending cryptocurrencies.
- Bitcoin remains in the spotlight due to an HBO documentary exploring the mystery of its creator, Satoshi Nakamoto.
- Chiliz is gaining attention for the upcoming PEPPER airdrop, leading to a surge in price and trading volume.
- Nubcoin, branded as a memecoin, is attracting interest for its performance and community engagement.
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Altcoinbuzz
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Ripple Launches Custody Services for Digital Assets
- Ripple has launched Ripple Custody, a new service for banks and fintech firms to securely store and manage digital assets.
- Ripple Custody integrates with Ripple's blockchain platform and includes features such as pre-set rules, guidelines, and Anti-Money Laundering monitoring.
- The launch of Ripple Custody allows Ripple to expand its services beyond payment settlements, providing a secure way for banks to handle digital assets.
- The user-friendly interface of Ripple Custody makes it easier for banks and fintech firms to access the digital asset market and foster innovation in the financial industry.
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Bitcoinchaser
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Where To Bet On Chess Using Crypto
- Digital currencies offer novel ways of engaging with chess for millions of enthusiasts globally, especially through crypto-betting.
- Selecting the right chess betting platform is crucial. Some top sites that accept crypto and offer chess betting include 1xBit, Metaspins, BC.Game, Stake, and Vave.
- To place bets on chess using cryptocurrency, sign up to a friendly chess betting site that accepts digital currencies such as Bitcoin, Ethereum, or Litecoin.
- Wagers can be placed on chess matches in various forms, including outright winner, match winner, opening move, number of moves, and handicap bets.
- Understanding players' strengths, weaknesses, and playing styles, analyzing past matches and moves, and starting with small bets are practical ways to make smarter bets on chess.
- The most prestigious chess tournaments that enthusiasts can bet on include the World Chess Championship, Chess Olympiad, and Global Chess League.
- With so many opportunities to bet on both team and individual outcomes, these top chess crypto betting sites make it possible for bettors to enjoy the game while making gains.
- In conclusion, players interested in making the most of the novel innovation the digital currency industry has brought to the world of gaming should try chess crypto-betting.
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Altcoinbuzz
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Solana’s $USDC and $USDP Stablecoins Now Accepted by Stripe
- Solana's $USDC and $USDP stablecoins are now accepted by Stripe, a major online payment platform.
- This development expands the usability of cryptocurrency for online purchases, making stablecoins a safer option.
- Stripe's inclusion of Solana's stablecoins simplifies crypto payments and opens the digital money revolution to more people.
- This payment option can also help businesses grow by offering more ways for customers to pay.
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Bitcoinsensus
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Thai SEC Proposes to Allow Mutual and Private Funds to Invest in Crypto Products
- Thai SEC proposed to allow mutual and private funds to invest in crypto products like crypto ETFs traded on US stock exchanges.
- The proposal aims to meet investor demand and expand their ability to invest in new crypto products.
- The Thai SEC plans to review regulations on asset custody, value calculation, disclosure, and advertising.
- Penalties for violations are expected to become more severe, with different rules based on asset riskiness.
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Cryptoslate
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Threshold Network proposes bold plan to further decentralize WBTC
- Threshold Network has proposed further decentralizing BitGo’s Wrapped Bitcoin (WBTC) amid its recent challenges in the DeFi market.
- Matt Luongo, founder of Thesis, outlined the goal of expanding the number of signers involved in managing WBTC using the Threshold Network.
- WBTC's custody shifted to a structure spread across three countries, employing a multi-signature system.
- The proposal aims to gradually increase the number of signers, creating a decentralized custody system for WBTC.
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Newsbitcoin247
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ABDS Token Receives Top CertiK Badge for KYC
- ABD Systems' ABDS Token successfully completed KYC verification through CertiK, earning the highest CertiK Gold Badge.
- The achievement reinforces ABDS Token's commitment to transparency and security, enhancing trust and positioning the project as a credible player in the crypto industry.
- The CertiK Gold Badge is awarded to projects that meet strict security and transparency standards, showcasing ABDS Token's dedication to rigorous KYC procedures.
- The recognition strengthens ABDS Token's credibility and makes it more appealing to new investors and partners as it expands its presence on prominent exchanges.
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Bitcoinist
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Bitcoin’s High Volatility Potential Grows As BTC Nears Crucial Levels
- Bitcoin's potential for high volatility is growing as it approaches crucial levels.
- Alphractal predicts that BTC could experience high volatility in the near future, leading to significant liquidations.
- Recent data shows large concentrations of long positions and liquidation levels around $60,000 and $67,000.
- Despite the volatility, industry leaders like Cathie Wood remain bullish on Bitcoin's long-term potential.
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Altcoinbuzz
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Miniblinks: Transforming Crypto Interactions Across Apps
- Miniblinks are magical buttons that simplify app interactions and allow users to take action without leaving the app.
- Miniblinks turn regular links into powerful previews, showing images, titles, descriptions, and various actions.
- Dialect has partnered with Drip Haus and Mallow Art to demonstrate how miniblinks work, enabling users to bid on auctions without leaving the app.
- Developers can easily implement miniblinks by targeting existing links, adding specific codes to create actions, and maintaining customizable styles.
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