Uganda to Pilot CBDC Backed by Treasury Bonds and Mobile Access

Global Settlement Network (GSN) has partnered with Diacente Group to launch a $5.5 billion tokenized economy in Uganda’s Karamoja region. The initiative includes piloting Uganda’s first central bank digital currency (CBDC), backed by treasury bonds and accessible via mobile devices. Built on GSN’s blockchain, the project will digitize key sectors like agriculture, mining, and energy, … Read more

Report: Tokenization Firm Securitize Weighs $1B SPAC Deal With Cantor Fitzgerald

Tokenization firm Securitize is said to be exploring a potential merger with a blank-check company backed by Cantor Fitzgerald LP, according to a Bloomberg report by Crystal Tse, Olga Kharif, and David Pan, citing unnamed “people with knowledge of the matter.” According to the report, discussions reportedly involve Cantor Equity Partners II Inc., a special … Read more

Crypto.com CEO Calls for Regulatory Probe After $20B in Exchange Liquidations

Crypto.com CEO Kris Marszalek urged regulators to investigate exchanges that saw the largest liquidations since Friday, calling for thorough reviews of trading fairness and consumer protection after about $20 billion in liquidations. He asked whether any platforms effectively halted trading, whether trades were correctly priced against indexes, how trade monitoring and AML programs are set … Read more

Steak ’n Shake Suspends ETH Poll, Declares Allegiance to Bitcoin; Vitalik Buterin Backs Decision

Steak ’n Shake halted an X poll asking whether it should accept ETH payments after a wave of criticism from Bitcoin maximalists, posting: “Poll suspended. Our allegiance is with Bitcoiners. You have spoken. Who even allowed this? I’m back at my desk. — Steaktoshi.” The move follows the chain’s earlier announcement exploring ETH acceptance and … Read more

Crypto Carnage: $9.45 Billion in Leveraged Positions Obliterated, 1.42M Traders Liquidated

President Donald Trump’s China tariff threat saw the cryptocurrency market shed more than $500 billion after the total market capitalization nosedived from $4.25 trillion to under $3.75 trillion. Bitcoin pulled the market down ( BTC), briefly tumbling to $109,683, a near double-digit drop in 24 hours. Ethereum ( ETH) plunged from an intraday high of … Read more

Bitcoin Crashes to $110,623 as Market Continues to Shake Out

Bitcoin plunged to $110,623 on Friday, marking one of its sharpest single-day drops this month amid renewed market jitters and a wave of liquidations across major exchanges. Thanks to the latest trade war scares, bitcoin’s price tumbled to $110,623 on Oct. 10, 2025, extending a volatile week for the leading cryptocurrency. The sharp decline triggered … Read more

Bitcoin Dips to $118,497 Amid Renewed Trade Fears

Bitcoin plunged to a low of $118,497 on Thursday after critical comments from President Donald Trump about China’s rare earth export policies rattled global markets and spurred risk-off sentiment among crypto traders. Bitcoin prices fell sharply on Friday, briefly touching $118,497 on Bitstamp, following remarks by former President Donald Trump criticizing China’s control over rare … Read more

Morgan Stanley Opens Crypto Access to All Clients

Morgan Stanley is opening crypto investments to all clients, allowing access through any account type — including retirement plans — in a sweeping shift that removes wealth and risk-profile limits. According to a CNBC report, Morgan Stanley will now allow all clients to invest in crypto funds, expanding access beyond the ultra-wealthy and high-risk investors … Read more

Bitcoin Price Falls Below $120K on Bitstamp, Hits $119,736 Low

Bitcoin ( BTC) briefly fell below the $120,000 mark on Bitstamp Thursday, hitting an intraday low of $119,736 at 1 p.m. EST before stabilizing slightly. Bitcoin’s price dropped under the $120,000 threshold on Bitstamp on Thursday, Oct. 9, 2025, reaching an hourly low of $119,736 at 1 p.m. EST. The move marked a sharp 3.6% … Read more

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