The Cardano Foundation has announced a multi-year partnership with the Venture Accelerator at UCLA Anderson School of Management that will bring blockchain coursework, five startup fellowships, and a founder showcase sponsorship to the Los Angeles campus. The Cardano Foundation said in its Sept. 28 announcement that the partnership will connect classroom instruction with support for
Sunday Sell-Off and Morning Recovery The Bitcoin price appeared to have recovered from its early morning slump as it rebounded from just over $82,500 early Monday, its lowest level in seven days. The cryptocurrency’s heightened volatility came as it completed its best weekly close since January and spot exchange-traded funds (ETFs) recorded their best week
Bitcoin price traded near $84,000 on Sep. 28 after retreating from a recent high above $87,000, leaving traders focused on whether U.S. spot ETF demand can help the price hold its September breakout. Lacie Zhang, research lead at Bitget Wallet, told crypto.news that the retreat reflected profit-taking after Bitcoin’s rally, a reduction in leveraged long
Brazil will require regulated financial institutions to report large crypto transfers involving self-custody wallets from Oct. 1. Under Resolution BCB 588, institutions authorized by the Banco Central do Brasil must notify the Financial Activities Control Council (Coaf) whenever they send virtual assets worth at least $10,000 to a self-custody wallet or receive the same amount
Binance Loses 20,000 $BTC in Four Days Bitcoin is leaving Binance at a pace not seen in years. More than 13,800 $BTC—about $1.15 billion worth at the current price—flowed out of the exchange on Sept. 22, marking Binance’s largest daily net bitcoin outflow since 2023, according to Cryptoquant data The move was followed by an
The Arbitrum Foundation has launched a new security program aimed at subsidizing smart contract audits for developers building on its platform. This initiative targets projects on both testnet and mainnet, as well as those migrating from other chains. According to a tweet from the Arbitrum Foundation, this program allows developers to enhance their project security
On Sunday the Financial Times reported, and Fortune relayed, that Saudi Arabia had withdrawn from mBridge, the cross-border central bank digital currency platform built by the central banks of China, Hong Kong, Thailand and the UAE with the Bank for International Settlements. The Saudi Central Bank’s response, given to Asharq Al-Awsat, was that this had
Base has highlighted a significant trend with institutions increasingly adopting stablecoins on its platform, indicating a shift in the crypto landscape. The tweet, which has garnered over 168 likes and 22 retweets, reflects growing institutional engagement in the crypto space. This trend could lead to greater stability and trust in the crypto market as institutional
Circle executive Nikhil Chandhok has argued that resistance to dollar stablecoins could keep the United States from drawing as much as $1 trillion in overseas demand for dollars. Moonshots LIVE brought Chandhok together with $ARK Invest CEO Cathie Wood, Stability AI founder Emad Mostaque and host Peter Diamandis for a discussion about the agentic economy.
Blockchain.com is targeting a valuation of between $4 billion and $6 billion in a potential US initial public offering this year, as the crypto brokerage looks to take advantage of an improving market for digital assets. The company is seeking to raise about $500 million through the listing, according to people familiar with the plans