Privacy-focused exchange GRVT has raised $19 million in a Series A round to take on Hyperliquid, the current leader in decentralized perpetual futures. Key Takeaways: GRVT raised $19 million to challenge Hyperliquid with a privacy-first approach backed by ZKsync. The platform uses zero-knowledge tech to hide trade data and protect large positions from manipulation. Alongside privacy, GRVT targets yield-driven growth to attract both active traders and passive investors. The round was led by ZKsync, ...

Group 1: Market Performance - Wall Street reached new record highs, with the S&P 500 rising 0.5%, the Dow Jones Industrial Average increasing by 124 points (0.3%), and the Nasdaq composite climbing 0.9% [1] - Smaller stocks outperformed larger ones, with the Russell 2000 index of small stocks rallying 2.5% to set an all-time high [6] Group 2: Company Developments - Intel's stock surged 22.8%, marking its best day since 1987, following Nvidia's announcement of a $5 billion investment in Intel's stock as part of a collaboration to develop products for data centers and personal computers [2] - Nvidia's stock increased by 3.5%, contributing significantly to the S&P 500's performance as it remains Wall Street's most valuable company [2] - Novo Nordisk's stock rose 6.3% after a study indicated that its once-a-day pill version of Wegovy significantly aided weight loss and that its Ozempic product reduced the risk of heart attack, stroke, and death for certain type 2 diabetes patients [7] Group 3: Economic Indicators - Reports indicated a decrease in U.S. unemployment benefit applications, suggesting a potential slowdown in layoffs, which is a positive sign for the job market [3] - The Federal Reserve cut its main interest rate for the first time this year, with expectations of further cuts, although there are concerns about the impact on inflation and the job market [4][5]

Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter. Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff Kramer, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person s ...

Group 1: Bitcoin Market Sentiment - Bitcoin is viewed as a polarizing asset, with opinions divided on its volatility and potential as a store of value [1] - Proponents, including the Winklevoss twins, predict Bitcoin could reach $1,000,000 per coin in the next decade, highlighting its growth potential [2] Group 2: Gemini's IPO and Market Performance - Gemini, founded by the Winklevoss twins, recently went public with an IPO priced at $28 per share, which surged to $37.01, indicating a valuation of approximately $4.4 billion [2] - The stock experienced significant volatility on its debut, reaching a high of $45.89, about 64% above the IPO price, before settling around $32, reflecting a 14% increase [5] - GEMI shares have since drifted back toward the IPO level, trading in the high-$20s to low-$30s, indicating a re-evaluation by investors [6] Group 3: Future Outlook for Gemini - If Bitcoin's growth continues, crypto exchanges like Gemini could experience substantial trading volumes, potentially benefiting GEMI shares [3] - The long-term success of GEMI stock is contingent on the execution of Gemini's strategic plans [6]

Search interest around the Federal Reserve surged in the United States on Sept. 17, with “Fed rate cut” touching 100 on Google Trends during the final hours before the policy announcement. Washington, Massachusetts and the District of Columbia ranked among the top sub-regions by interest, while breakout queries included “what time does fed announce rate cut,” “prime rate today,” and “what time is the fed meeting tomorrow.” Price action didn’t match the hype. Into the decision window, Bitcoin (BTC), Ether ...

Bullish (BLSH), the parent company of CoinDesk, has secured a coveted BitLicense from the New York State Department of Financial Services (NYDFS), a key regulatory approval that will allow the institutional digital asset platform to offer spot trading and custody services to customers in New York, the company said in a press release on Wednesday. The BitLicense, also known as a Virtual Currency Business Activity License, is considered one of the most rigorous state-level crypto approvals in the U.S. With ...

Core Insights - A class action lawsuit in New York against TaskUs has been amended to include new claims of systemic security failures and concealment related to a breach involving Coinbase customer data, with estimated losses reaching up to $400 million [1] Group 1: Breach Details - The breach originated in late 2024 and was disclosed by Coinbase in May, with the company claiming it was a criminal bribery scheme that exploited external vendors and some Coinbase staff outside the U.S., affecting less than 1% of monthly transacting users [2] - TaskUs allegedly had a coordinated scheme in its India operations where employees were bribed to photograph sensitive account information for criminals, leading to the dismissal of around 300 employees in January [4] Group 2: Company Actions - Coinbase has terminated its relationship with TaskUs, opting not to "pay the criminals" and instead offering a $20 million reward for information leading to arrests and convictions [3] - TaskUs is accused of concealing the breach's scope and silencing those with knowledge of it, including firing HR personnel investigating the breach, while misleading regulators about the breach's materiality [5] Group 3: Regulatory and Financial Implications - A Form 10-K filing from TaskUs in February did not mention the Coinbase breach, suggesting the company claimed it was unaware of any material data breach impacting its operations before Coinbase's acknowledgment in May [6]

Core Insights - Binance Holdings Ltd. is nearing an agreement with the U.S. Department of Justice (DOJ) to eliminate the compliance monitor requirement from its record $4.3 billion settlement [1] - The compliance monitor was initially imposed due to Binance's violations of anti-money laundering laws and the Bank Secrecy Act [2] - The DOJ is currently evaluating Binance's request to drop the three-year monitoring requirement, with potential conditions for enhanced compliance reporting standards [4] Group 1: Settlement and Compliance - Binance agreed to a $4.3 billion settlement in November 2023 to resolve charges related to money laundering and operating without proper licensing [2] - The settlement included a requirement for an independent compliance monitor for three years, with Forensic Risk Alliance overseeing operations [3] - Former CEO Changpeng Zhao pleaded guilty to violations and served four months in prison, along with a $50 million fine [3] Group 2: Regulatory Environment - The potential agreement reflects a broader policy shift under the current administration, which has questioned the effectiveness of mandatory corporate oversight [5] - The discussions come amid a shift in regulatory enforcement approaches, with the SEC pausing several investigations into crypto companies, including Binance [5] - Binance is currently under dual oversight from both the DOJ and the Treasury Department, with the Treasury monitor still active [6] Group 3: Future Compliance - If the DOJ removes the oversight requirement, Binance may need to implement enhanced compliance reporting standards to meet expectations [4] - The exchange is actively working to rebuild its regulatory standing, including forming partnerships with traditional financial firms [6]

Core Insights - Binance recorded $2.91 trillion in futures trading volume and $744.83 billion in spot trading during August 2025, reinforcing its dominance in the cryptocurrency exchange market [1] - The overall trading volumes across centralized exchanges increased, with notable percentage gains from competitors like Bitfinex and MEXC [2][3] Trading Volume Analysis - Binance's trading volumes highlight a strong position as the crypto market gains momentum approaching year-end [1] - Bitfinex experienced a 39% increase in spot trading, while MEXC saw a 47% increase in futures volume from July to August [3] - Overall, spot trading volumes increased by 4% and derivatives trading volumes increased by 14% compared to July [3] User Engagement Metrics - A 2% increase in website visits for major exchanges was reported, with Binance leading, while KuCoin exhibited the highest growth rate at 54% [4] Market Trends and Indicators - The cryptocurrency market is showing signs of growing interest, with significant developments in traditional finance and increased Google searches for "privacy coin" [6] - Despite the growing interest, a Bank of America survey indicated that 84% of investment funds have no structural crypto investment plans, suggesting low current exposure [7] Market Momentum - TradingView's Crypto Market Cap Index registered a daily green candle at $3.99 trillion, with a relative strength index (RSI) of 60.25, indicating strong momentum [8] - Experts anticipate significant capital rotation from riskier assets following the Fed's interest rate cut, potentially triggering a bull rally before the end of 2025 [9]

维多利亚，塞舌尔, Sept. 16, 2025 (GLOBE NEWSWIRE) -- 全球领先的加密货币交易所和 Web3 公司 Bitget 现正式开启 2026 年毕业生计划报名通道。该计划隶属于 Bitget 的 Blockchain4Youth 全球倡议，面向顶尖高校招募下一代人才，并直接将他们安排至 Web3 实际工作流程中。 时间安排紧凑：今日开放报名，10 月开始面试，12 月发放录用通知，入职将于 2026 年启动。 毕业生将在高影响力团队间轮岗，不仅获得资深导师的指导，还能亲身参与实际工作并承担相应职责。本次计划开放 50 多个岗位，涵盖工程技术、产品管理、业务拓展、增长运营、品牌建设、企业运营、数据分析、算法研发及风险控制等领域。 计划目标清晰明确：为下一代人才提供参与高影响力岗位的机会，并给予他们施展才华和成长的空间。 Bitget 首席运营官 Vugar Usi Zade 表示：“我们坚信未来，这正是我们积极招揽人才的原因。 该计划不仅关注区块链技术的发展，更致力于培养具备质疑精神、设计能力与执行力的创新型思考者。 Bitget 正携手各方力量，共同培养未来十亿人才的创新思维。” ...