Court Rules BAYC NFTs Are Not Securities

A U.S. federal judge in the Central District of California dismissed a 2022 class-action suit, finding that Yuga Labs’ Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs) do not meet the Howey test for securities. The ruling concluded plaintiffs failed to show a common enterprise or a reasonable expectation of profits tied to Yuga Labs’ … Read more

Analyst: Cash-to-Crypto Exchange Market Reaches Billions in Russia

The gray cash‑to‑crypto exchange market in Russia moves billions, with Moscow serving as the main hub. Alexey Korolenko, executive director of Cifra Markets, says that while the government has cracked down on some activity, it is difficult to close all trading offices. Russia Moves Billions in Cash-to-Crypto Operations, Analyst Estimates While Russian authorities have recently … Read more

Aster Dominates Record $1.4 Trillion Perpetuals DEX Trading Volume in September

Perpetual DEX trading volumes topped $1.43 trillion in September, a nearly 50% month-over-month increase. Aster led with more than $670 billion, while Hyperliquid and Lighter crossed $100 billion each. Perp DEX Volumes Break $1.4 Trillion in September, Led by Aster and Hyperliquid Perpetual decentralized exchanges (Perp DEXs) recorded a historic milestone in September, with monthly … Read more

Bitcoin Breaks the Ceiling: $125K Shattered in ‘Uptober’ Frenzy

At 6:45 a.m. CAT on Oct. 5, bitcoin ( BTC) definitively shattered its previous ceiling, carving out a new, historic all-time high of $125,725, according to Bitstamp prices. This momentous breakout confirms the powerful, month-long anticipation that has gripped the crypto market since the calendar turned. Driven by potent bullish sentiment—and validating the widely-touted “Uptober” … Read more

BBVA Joins Blockchain Drive With SWIFT to Reshape Real-Time Global Payments

BBVA is embracing blockchain-powered global payments with bold support for SWIFT’s real-time settlement network, citing speed, transparency, stablecoins, and tokenized asset capabilities. BBVA Joins Over 30 Banks in SWIFT’s Blockchain Bet on Real-Time Global Payments Global banks are intensifying their efforts to modernize cross-border payments, and blockchain is rapidly becoming a key component in this … Read more

India Confronts Stablecoin Shifts as Finance Minister Outlines Global Challenges

India is seizing the global spotlight as stablecoins and digital finance shake the foundations of traditional money, forcing nations to adapt or be left behind. India Faces Stablecoin Era With Finance Minister Stressing Structural Change India is increasingly positioning itself at the center of global financial debates as innovations like stablecoins begin to redefine the … Read more