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A U.S. Bankruptcy Court has approved Linqto’s sale of approximately $130M worth of Ripple Labs common shares to four institutional buyers, with Galaxy Digital anchoring the transaction at $60M, followed by Arrington Capital at $50M, the Private Shares Fund at $16M, and GAM Alternatives Lux at $4M, proceeds directed to the Chapter 11 Wind-Down Trust supporting customer recoveries. This is not simply a distressed-asset liquidation. It is a structured demonstration that institutional demand for Ripple’s private-market equity holds across a wide pricing band, even as the company’s bankruptcy estate moves to unwind a platform that once served retail investors seeking…
Russia’s State Duma passed legislation establishing the country’s first comprehensive framework for regulating cryptocurrencies with most of the new rules set to take effect on Sept. 1.The law creates a legal framework for crypto exchanges, depositories and other digital asset providers, while setting rules for who can buy crypto and under what conditions, Russia’s state-owned news agency TASS reported Tuesday.Only organizations included in a special registry will be permitted to operate as cryptocurrency exchanges, although firms will be allowed to continue operating without registration until July 1, 2027.Under the new law, banks will be required to refuse transfers if they…
Russia’s State Duma has moved crypto regulation toward its final legislative stage, advancing a bill that would establish formal rules for mining, exchanges, and cross-border settlement activity. The bill, listed as No. 636524-8, is aimed at creating a statutory framework for parts of the digital asset sector that have already become active inside and around Russia’s economy. The measures include mandatory registries for industrial miners, licensing requirements for crypto exchanges, and legal treatment for certain cross-border settlement uses. That makes the legislation important even for markets outside Russia. Crypto regulation is increasingly becoming a matter of national payment strategy, energy…
Crypto Zeus channel is designed to navigate the broad market area of crypto news, cryptocurrency memecoins such as Pepe and other exciting crypto related things. ✩ALL SOCIALS & CYPTO DEALS ✩ https://linktr.ee/cryptozeus ✅🌟🌟🌟 BUSINESS ENQUIRIES 🌟🌟🌟✅ ✅ Email — crypto.zeus.yt@protonmail.com ✅ Telegram — https://t.me/RealCryptoZeus The content on the Crypto Zeus YouTube channel and associated social media is provided for general informational, entertainment and educational purposes only. This channel is operated by a registered business entity and it does not constitute, and should not be relied upon as, financial, investment, legal, or tax advice. High-Risk Warning: Cryptocurrency assets such as memecoins…
A whale wallet holding more than $100 million worth of KITE transferred nearly 9 million KITE, valued at over $1 million, to Binance, placing fresh selling pressure on the market. Such exchange deposits often reflect an intention to sell, making the transaction a key event for traders. However, the market avoided an aggressive breakdown despite the additional supply entering the exchange. That price response suggested buyers continued to absorb available liquidity instead of allowing sellers to dominate trading activity. Large transfers from high-value wallets usually shape short-term sentiment, yet this transaction did not trigger widespread panic. Instead, KITE remained close to its…
Russia’s State Duma passed a law on Tuesday that regulates the circulation of crypto and digital rights for the first time, a framework that sets rules for crypto exchanges, digital depositories, and investors while it opens a state-supervised channel for cross-border trade. Lawmakers cleared bill No. 1194918-8, “On Digital Currency and Digital Rights,” in its second and third readings, the final stage in the chamber, according to semi-official Russian news agency Tass. The measure heads to the Federation Council and to President Vladimir Putin for a signature, a process expected to take two more weeks before the law takes effect.…
Lending protocol Morpho has launched Morpho Midnight on Base, adding fixed-rate, fixed-term loans to its onchain credit network alongside the variable-rate markets offered through Morpho Blue. In an announcement sent to Cointelegraph, Morpho said the offer-driven protocol lets lenders and borrowers propose their own interest rates, maturities and other loan terms instead of relying on a protocol-defined utilization curve. Loans are issued as fixed obligations, with terms set through competing offers rather than algorithmic pool pricing. Predictable rates and defined maturities are standard features of traditional credit markets. However, they remain uncommon in decentralized finance (DeFi), where borrowing costs generally fluctuate based…
Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: https://twitter.com/AltcoinDailyio Timestamps: 0:00 – Introduction (WATCH WHOLE VIDEO) 1:27 – Paul Tudor Jones Reaffirms Bitcoin Investors Thesis 2:10 – SEC Has No Plans To Regulate Bitcoin, ETH or Crypto in 2021 (HUGE)! 3:22 – 2 REASON WHY the SEC is looking PRO crypto! 4:47 – SEC is BARELY cracking down on unregistered crypto securities 6:02 – Goldman Sachs to offer Ethereum options to clients. 6:51 – 23% of #Ethereum supply is locked in smart contracts 7:52 – Ethereum…
Chainlink’s (LINK) supply on known exchanges has fallen by more than 15.7 million LINK over the past month, marking a 12% decline. Sunday alone saw a net outflow of 1.04 million LINK, one of the largest single-day moves recorded during this stretch, according to data from Santiment.A shrinking exchange supply typically signals reduced readily available sell pressure and is often read as a sign of accumulation, with investors moving tokens off exchanges and into wallets for holding rather than short-term trading. 🔗 Live Chart: https://t.co/PUIpemcXk5🔗 Chainlink’s supply on known exchanges has fallen by more than 15.7M $LINK in the past…