Gold mania? Bank-run style lines at shops as precious metal glitters at all-time highs
https://cointelegraph.com/news/gold-mania-lines-shops-precious-metal-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Currency inflation and macroeconomic uncertainty are driving the price of gold, Bitcoin and similar assets to new levels.

CME futures open interest flips Binance: Does Wall Street fully control crypto now?
https://cointelegraph.com/news/cme-futures-open-interest-flips-binance-does-wall-street-fully-control-crypto-now?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The real winner of last week’s crypto flash crash is the CME. Cointelegraph explains how the exchange is increasing its crypto market share.

A $300 trillion fat-finger, as Paxos accidentally mints PYUSD... before burning it
https://cointelegraph.com/news/aave-freezes-pyusd-markets-after-unprecedented-300t-mint-and-burn?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal's PYUSD stablecoin, then sent it all to a burn address.

Ripple CEO calls for parity in treatment of TradFi, crypto companies
https://cointelegraph.com/news/brad-garlinghouse-treatment-tradfi-crypto-companies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Brad Garlinghouse has asked that Ripple be “held to the same regulatory standards as a bank” as the company awaits a decision on a national charter from the OCC.

High-leverage crypto trader James Wynn liquidated again, this time for $4.8M
https://cointelegraph.com/news/james-wynn-liquidated-4-8-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

James Wynn, famous for his leveraged crypto bets, said he was "back with a vengeance," but was liquidated just one day after opening new positions.

Nasdaq-listed Zeta Network raises $230M in Bitcoin-backed private sale
https://cointelegraph.com/news/zeta-network-raises-230m-bitcoin-private-sale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The company accepted Bitcoin and SolvBTC from investors in a private share deal, adding crypto assets to its corporate treasury.

Banks fumble TXs too; at least Paxos’ $300T error was transparent
https://cointelegraph.com/news/banks-can-hide-mistakes-but-paxos-showed-crypto-was-transparent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Fat finger errors happen all the time, especially in traditional banking. The difference is that blockchain makes it transparent and immediately identifiable.

IG Group sells US futures exchanges business to Payward
https://www.finextra.com/pressarticle/107539/ig-group-sells-us-futures-exchanges-business-to-payward?utm_medium=rssfinextra&utm_source=finextrafeed

IG Group Holdings plc (“IG”, “the Group”) today announces that it has completed the sale of Small Exchange Inc (“Small Exchange”) to Payward Inc (“Payward”), the parent company of the crypto exchange Kraken.

Kraken doubles down on US futures with $100M ‘Small’ acquisition
https://cointelegraph.com/news/kraken-100-million-us-futures-small-exchange-ig-group?utm_source=rss_feed&utm_medium=rss%3F_nocache%3D1760615346187%26cb%3Da8udzj%26vfff%3D1760615346&utm_campaign=rss_partner_inbound

After acquiring NinjaTrader for $1.5 billion, Kraken expands its derivatives offerings in the US with a $100 million acquisition of Small Exchange.

SEC chair: US is 10 years behind on crypto, fixing this is ‘job one’
https://cointelegraph.com/news/sec-chair-us-is-10-years-behind-on-crypto-fixing-this-is-job-one?utm_source=rss_feed&utm_medium=rss%3F_nocache%3D1760615346187%26cb%3Da8udzj%26vfff%3D1760615346&utm_campaign=rss_partner_inbound

SEC Chair Paul Atkins said the US is a decade behind on crypto and that building a regulatory framework to attract innovation is “job one” for the agency.

Fasset signs MoUs with GCC banks
https://www.finextra.com/pressarticle/107547/fasset-signs-mous-with-gcc-banks?utm_medium=rssfinextra&utm_source=finextrafeed

Fasset, a leading UAE-headquartered global fintech platform, and Ajman Bank, one of the UAE’s leading Islamic financial institutions, today announced that they have signed a Memorandum of Understanding (MoU) to jointly launch integrated and compliant virtual asset offerings across the region.