A creditors’ meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse. South Korean virtual asset deposit platform Delio was declared bankrupt by a court in Seoul on Nov. 22, according to multiple local press reports. Delio, which owes customers 245 billion won ($1.75 billion), halted withdrawals...Continue Reading

Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025. Mark Uyeda, a Republican commissioner at the United States Securities and Exchange Commission (SEC), has suggested that he would prioritize regulatory clarity for cryptocurrencies...Continue Reading

The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor. The Sui blockchain ecosystem has experienced significant growth in recent months, and its native Sui (SUI) token has seen a sustained rally alongside it. In an interview with Cointelegraph, Ramani Ramachandran, co-founder and CEO...Continue Reading

Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said.  The Commodity Futures Trading Commission endorsed using blockchain technology to manage trading collateral in United States derivatives markets, according to a Nov. 21 report by the CFTC’s Global Markets Advisory Committee. Blockchain technologies — including distributed ledgers and tokenization —...Continue Reading

Solana’s fresh all-time highs were driven by investors’ memecoin mania and euphoria over Bitcoin’s strong rally. Can SOL hit a new high? Solana’s native token, SOL (SOL), surged to an all-time high of $264.50 on Nov. 22, propelled by Bitcoin’s rally toward $100,000 and a frenzy around memecoins. This surge coincided with several Solana-based tokens...Continue Reading

Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit? Bitcoin (BTC) is showing no signs of slowing down as it came within a whisker of hitting the psychologically critical level of $100,000 on Nov. 22. Material Indicators co-founder Keith Alan cautioned short sellers in a...Continue Reading

The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.  Asset manager Franklin Templeton has partnered with Sui to develop new blockchain technologies and use cases on the layer-1 network, Sui said on Nov. 22. The partnership will prioritize “supporting Sui ecosystem builders and deploying novel technologies leveraging the...Continue Reading

Bitcoin is inching up toward six-figure valuation as investor optimism remains high due to Donald Trump’s incoming presidency and optimistic signs for cryptocurrency regulation. Bitcoin printed its biggest monthly candle in crypto history as it inched up toward the $100,000 milestone, driven by growing investor appetite bolstered by Donald Trump’s victory in the United States...Continue Reading

Binance promised at least 200 new compliance staffers and it will have that by yearend. Binance has gone on a hiring spree in its compliance department. It will increase the team size by 34% by the end of the year, the exchange announced on its Binance Square platform on Nov. 22. The compliance team will...Continue Reading

The stablecoin market is heating up, but the future remains uncertain. Will one stablecoin dominate, or will multiple players coexist in a diverse ecosystem? Opinion by Adrien Stern, founder and CEO of Reveel Stablecoins have been hailed as crypto’s killer use case. Businesses, banks, payment providers, projects, tech giants and governments are getting on board...Continue Reading