OSL Group Limited announced that its Japanese subsidiary, OSL Investment (Japan) Limited, has signed a share purchase agreement to acquire an 81.38% stake in local crypto exchange CoinBest K.K., according to a Nov. 4 press statement. This acquisition represents a significant move for OSL, marking its strategic entry into Japan’s…
The Monetary Authority of Singapore (MAS) has announced several initiatives designed to enhance tokenization within the financial sector, according to a Nov. 4 statement. According to the regulator, the move aims to strengthen tokenized assets’ liquidity and support market infrastructure growth. To help drive the adoption of tokenized assets, MAS…
Fairshake, a nonpartisan super PAC focused on crypto interests in US politics, has successfully raised $78 million to support candidates who advocate for American blockchain and crypto innovation, according to a Nov. 4 statement shared with CryptoSlate. The funding includes over $30 million currently available and an additional $48 million…
Digital asset investment products saw inflows of $2.2 billion last week, bringing total inflows this year to a record-breaking $29.2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector’s total assets under management (AuM) above $100 billion for only…
Tron Network founder Justin Sun and Sonic Labs co-founder Andre Cronje have disputed Coinbase CEO Brian Armstrong‘s claim that the US-based trading platform provides free asset listings. On Nov. 4, Sun revealed that Coinbase allegedly demanded a payment of 500 million TRX, valued at around $80 million, for listing TRX,…
According to Coinglass, over $230 million in crypto positions were liquidated in the past 24 hours, affecting 102,073 traders. The largest single liquidation occurred on OKX, valued at $5.26 million. Bitcoin led the liquidation figures with $51.25 million, followed by Ethereum at $30.44 million. Dogecoin and Solana saw liquidations of…
German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options. Per the…
Tether CEO Paolo Ardoino has dismissed recent speculation about the company’s plans to launch a proprietary blockchain network. In a Nov. 3 post on X, Ardoino clarified that Tether does not intend to create its blockchain. He emphasized the company’s position by writing: “Tether is not planning to build an…
Polymarket’s leading holder of Trump shares has shifted, with ‘zxgngl’ surpassing ‘Fredi9999’ after significant buying activity on Monday morning amid shortening odds over the weekend. On Sunday Trump’s lead narrowed from 65% to 54% as whale pressure subsided. Whales persistently purchasing Trump shares regardless of price appear to have reduced…
Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services. In an X post, Grewal wrote: “In short, the contents are a…