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Bored Ape NFTs Win Big: Court Says They’re Not Securities
Bitcoinist

Bored Ape NFTs Win Big: Court Says They’re Not Securities

A US federal judge has tossed a high-profile investor suit that accused Yuga Labs of selling unregistered securities through Bored Ape Yacht Club (BAYC) NFTs and ApeCoin. Related Reading: Crypto In Japan May Soon Open Wider As Holdings Giant Pushes Expansion The decision, handed down by Judge Fernando M. Olguin, found that the plaintiffs did […]

BitDigital Becomes First Public Ethereum DAT To Deploy Unsecured Leverage – Details
Bitcoinist

BitDigital Becomes First Public Ethereum DAT To Deploy Unsecured Leverage – Details

BitDigital (NASDAQ: BTBT) is breaking new ground in finance, becoming the first publicly traded Ethereum DAT to deploy unsecured leverage. The move is an evolution in how public blockchain companies raise capital, blending traditional debt instruments with decentralized infrastructure models.  Why This Move Redefines Capital Formation For Ethereum DATs In an X post, BitDigital_BTBT revealed […]

Tether Seeks To Raise $200 Million For Tokenized Gold Treasury – Report
Bitcoinist

Tether Seeks To Raise $200 Million For Tokenized Gold Treasury – Report

According to a recent report, the world’s largest stablecoin company, Tether, and a partner firm are looking to raise capital for a digital asset treasury company that would accumulate its tokenized gold. Tether To Launch Digital Asset Treasury Firm With XAUT: Report On Friday, October 3rd, Bloomberg reported that Tether and financial services firm Antalpha […]

Big Move: Ethereum Foundation Trades $4.5M ETH For Stable Assets
Bitcoinist

Big Move: Ethereum Foundation Trades $4.5M ETH For Stable Assets

Ethereum’s steward moved part of its crypto coffers this week, converting a chunk of ETH into stablecoins as it adjusts how it funds projects and grants. Related Reading: Bitcoin Jumps To $120K, Catapulting Strategy’s Holdings To Record $77.4 Billion Foundation Moves To Stablecoin Holdings According to reports, the Ethereum Foundation converted 1,000 ETH into stablecoins […]

Coinbase, Samsung Alliance Deepens: Galaxy Wallet To Allow Direct Crypto Purchase
Bitcoinist

Coinbase, Samsung Alliance Deepens: Galaxy Wallet To Allow Direct Crypto Purchase

Consumer electronics giant Samsung has broadened its partnership with cryptocurrency exchange Coinbase, enabling Galaxy smartphone users to purchase crypto directly to their wallets. Coinbase Integrates Samsung Pay On Platform On Friday, October 3, US-based cryptocurrency exchange Coinbase announced the expansion of its partnership with Samsung. This renewed collaboration will grant Galaxy smartphone users in the […]

Crypto Meets Retail: Walmart-Linked Fintech Expands Into Digital Assets
Bitcoinist

Crypto Meets Retail: Walmart-Linked Fintech Expands Into Digital Assets

OnePay, the fintech linked to Walmart, plans to add crypto trading to its mobile banking app later in 2025, according to multiple reports. Sources told news outlets that users will be able to buy, sell and hold Bitcoin (BTC) and Ethereum (ETH) inside the app, a move that would expand OnePay’s lineup of financial services […]

Ripple’s XRP Ledger Launches MPT Token Standard – Here’s What It Means For Investors
Bitcoinist

Ripple’s XRP Ledger Launches MPT Token Standard – Here’s What It Means For Investors

Ripple and the XRP Ledger (XRPL) have taken a significant step toward institutional adoption with the launch of its Multi-Purpose Token (MPT) standard. Designed to simplify the tokenization of Real-World Assets (RWAs) and offer built-in compliance, the new token standard aims to position the Ripple’s XRPL as a go-to network for secure, high-volume institutional finance.  […]