Bee Maps Raises $32M to Scale Solana‑Powered Decentralized AI Map

Bee Maps, powered by Hivemapper, announced a $32 million funding round led by Pantera Capital with participation from LDA Capital, Borderless Capital, and Ajna Capital to scale its decentralized mapping network and advance development of a native artificial intelligence (AI) map. The company said the capital will accelerate device deployments, expand contributor rewards, and enhance … Read more

EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors

The European Union is reportedly considering sanctions targeting A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. According to documents reviewed by Bloomberg, the proposed measures would bar EU-based entities and individuals from engaging directly or indirectly in transactions involving the token and would also target several banks in Russia, Belarus and Central Asia alleged … Read more

Fasset Receives Malaysian Approval to Operate Stablecoin-Powered Islamic Digital Bank

Fasset said on October 7, 2025, that it has secured Malaysian approval to provide banking services from Labuan’s regulatory sandbox for Islamic fintech, allowing the firm to offer full-service digital banking to its existing global user base of 500,000. The provisional license positions Fasset as the world’s first stablecoin-powered Islamic digital bank, enabling on-chain, asset-backed, … Read more

Iran Plans to Remove Four Zeros From Rial Amid High Inflation

Iran’s parliament has approved a plan to redenominate the national currency by removing four zeros from the rial, effectively turning 10,000 current rials into 1 new rial, officials and media reported Oct. 5–6, 2025. The proposal includes introducing a new subunit (often referenced as qiran or qeran), a transition period of up to three years … Read more

Binance Charity Pledges $150,000 to Flood Relief in India

Binance Charity pledged $150,000 on October 6, 2025, to support relief and recovery after monsoon floods across multiple Indian states, directing funds to Goonj’s Rahat Initiative for urgent humanitarian aid. The contribution will finance essential supplies including food, hygiene and dignity kits, clean water, and temporary shelter materials for displaced families in regions such as … Read more

Defillama Delists Aster Perp Volumes Over Suspected Wash Trading

Defillama has delisted perpetual futures volumes from Aster after its founder, 0xngmi, said recent Aster perp volumes began mirroring Binance perp volumes “almost exactly,” raising concerns about possible wash trading. In a post explaining the decision, 0xngmi showed comparative charts for XRPUSDT volume on Aster and Binance with a near-1:1 volume ratio, versus a more … Read more

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

Paxful to Wind Down Operations by November 1, 2025

Paxful announced it will cease all operations by November 1, 2025, citing the lasting impact of historic misconduct by former co-founders Ray Youssef and Artur Schaback and unsustainable costs from extensive compliance remediation. The company said the decision is strategic and driven by long-term sustainability concerns despite reporting financial stability and growth under new ownership … Read more

Telegram Wallet to Add Tokenized US Stocks and ETFs Through Kraken and Backed

Telegram’s Crypto Wallet will soon let users trade tokenized shares of major U.S. companies and exchange-traded funds (ETFs), the platform announced. The new “Stocks & ETFs” section, enabled via partnerships with Kraken and Backed, will offer fractional, digital forms of equities including Apple, Tesla, Nvidia and S&P 500 exposure. Trading will operate 24 hours a … Read more