Author: James Wilson
Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major jurisdiction. Summary Hyperliquid Labs has confirmed Singapore as its registered headquarters and acknowledged its unregulated status. People familiar with MAS’s thinking cited decentralization as the reason it considers Hyperliquid outside its jurisdiction. MAS added Hyperliquid to its Investor Alert List on June 26, without imposing a ban. Payward has proposed regulated Hyperliquid-based markets for eligible U.S. customers, subject to approval. The Financial Times reported that Hyperliquid…
Paxos has added XRP to its Crypto Brokerage platform, enabling partners to offer buying, selling, holding, depositing, and withdrawing for a token the company says is held across more than 8.1 million wallets. Summary Paxos has added XRP support for partner trading, custody, deposits and withdrawals. The XRP Ledger Foundation named PayPal, Venmo and major brokerages among Paxos’s existing clients. Schwab’s August token expansion included SOL, AVAX and LINK, without an XRP listing. Ripple has separately expanded custody support to Canton and brokerage services to Brevan Howard. Paxos said its brokerage now supports XRP, giving businesses using its infrastructure another…
Bitcoin has slipped below $84,000 after reaching $87,197 last Friday, while analysts have offered competing views on whether October can deliver a recovery toward $100,000. Summary SideShift founder Andreas Brekken predicts Bitcoin will reach $100,000 within weeks as investor attention turns toward crypto. Bitfinex says holding $84,000 could leave late short sellers exposed if spot buying increases. Nansen’s Jake Kennis says October’s historical gains do not establish a reliable Oct. 5 bottom. DWF Labs’ Martin Lee puts Monday’s $90 million ETF outflow against two months of strong inflows. Andreas Brekken, founder of SideShift.ai, told crypto.news that he expects a strong…
Europol has warned that future quantum computers could threaten cryptocurrency wallets and long-lived encrypted data, urging the crypto industry to begin security preparations before practical attacks become possible. Summary Europol says quantum computers could expose cryptocurrency wallets by deriving private keys from public keys. Europol recommends phased migration to post-quantum cryptography, stronger wallet security, and improved key management practices. NIST has finalized three post-quantum standards and urges organizations to begin migration as soon possible. Bitcoin developers are debating post-quantum migration proposals while custodians test quantum-resistant wallet controls and signatures. Europol says there is no clear evidence harvest-now-decrypt-later attacks are being…
Tether has signed an agreement with Kazakhstan’s central bank and Alatau City Authority to explore a tenge-backed stablecoin, asset tokenization and decentralized finance. Summary Tether has signed an MoU with Kazakhstan authorities to study a tenge-pegged stablecoin pilot proposal. Kazakhstan’s National Bank already regulates stablecoins and tokenized real assets under rules effective May 2026. Alatau City could host a tokenization pilot using Hadron, Tether’s asset issuance and management platform. The agreement includes workshops on reserve management, distributed ledgers, stablecoins, and real-world asset tokenization models. Kazakhstan launched its first tenge-backed stablecoin pilot in September 2025 with Intebix, Solana, Mastercard partners. Tether…
Cardano’s new programmable token framework lets an issuer make transfers depend on its own rules, including identity checks, allowlists and, where selected, freezes or forced transfers. The public chain enforces those rules for the particular asset, but the entity that writes, administers and changes them still determines what holders may do. Summary The Cardano Foundation announced CIP-0113’s mainnet deployment on October 7, with modules for regulated assets and no network hard fork. Issuers can choose transfer restrictions and third party actions for their own programmable token; existing ADA and ordinary native assets do not acquire those controls automatically. The token…
The UK government has appointed six banks to lead its first digital gilt issuance, with the pilot expected by the first quarter of 2027. Summary Six banks will handle underwriting, investor engagement and distribution for the DIGIT pilot. HSBC’s Orion platform will host the bond within the UK’s Digital Securities Sandbox. Industry executives say digital bonds need connections to cash, custody and existing settlement systems. U.S. and UK authorities are examining common approaches to tokenized securities and settlement. HM Treasury announced on Oct. 6 that Barclays, HSBC, Lloyds, Morgan Stanley, NatWest and RBC Capital Markets will serve as joint lead…
As artificial intelligence and digital asset technologies continue to converge, automated systems are emerging as a key focus in the digital asset services sector. XRPPower has recently launched short-term intelligent service plans, offering XRP holders an entry point into AI-driven automated trading systems. Leveraging AI data analysis and automation technology, the system aims to minimize the need for constant manual intervention while helping users explore digital asset service plans across various timeframes. Some of the plans currently featured on the platform offer potential daily returns of up to $70,000, with actual results depending on the specific plan, market conditions, and…
The U.S. Securities and Exchange Commission has proposed replacing decades-old transfer agent rules with a framework that would recognize blockchain ledgers as official securities ownership records. Summary Blockchain databases could become the legally recognized ownership record for tokenized securities. Issuers may no longer need separate on-chain and official shareholder ledgers. Identity checks and transfer limits would continue to apply to blockchain-based securities. The SEC has opened a 60-day public comment period ending in early November. SEC proposal could remove duplicate ownership records The SEC said its proposed transfer agent overhaul would recognize electronic databases, including distributed ledgers, as systems that…
OKX has introduced pre-IPO derivatives tied to OpenAI and Anthropic alongside 100 tokenized stock markets for eligible European traders. Summary OpenAI and Anthropic pre-IPO X-Perps offer long and short positions with up to 10x leverage. OKX has launched 100 tokenized markets, including Google, Nvidia, Palantir, SPY, and QQQ. Tokenized positions trade around the clock but carry no direct ownership or shareholder voting rights. Eligible traders can use supported stock tokens as collateral or withdraw them to self-custody wallets. The Sep. 10 announcement from OKX said its new pre-IPO X-Perps allow eligible European customers to trade changes in the implied valuations…