Analyst: Cash-to-Crypto Exchange Market Reaches Billions in Russia
Analyst: Cash-to-Crypto Exchange Market Reaches Billions in Russia
The gray cash‑to‑crypto exchange market in Russia moves billions, with Moscow serving as the main hub. Alexey Korolenko, executive director of Cifra Markets, says that while the government has cracked down on some activity, it is difficult to close all trading offices. Russia Moves Billions in Cash-to-Crypto Operations, Analyst Estimates While Russian authorities have recently […]
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Aster Dominates Record $1.4 Trillion Perpetuals DEX Trading Volume in September
Perpetual DEX trading volumes topped $1.43 trillion in September, a nearly 50% month-over-month increase. Aster led with more than $670 billion, while Hyperliquid and Lighter crossed $100 billion each. Perp DEX Volumes Break $1.4 Trillion in September, Led by Aster and Hyperliquid Perpetual decentralized exchanges (Perp DEXs) recorded a historic milestone in September, with monthly […]
Bitcoin Breaks the Ceiling: $125K Shattered in ‘Uptober’ Frenzy
At 6:45 a.m. CAT on Oct. 5, bitcoin ( BTC) definitively shattered its previous ceiling, carving out a new, historic all-time high of $125,725, according to Bitstamp prices. This momentous breakout confirms the powerful, month-long anticipation that has gripped the crypto market since the calendar turned. Driven by potent bullish sentiment—and validating the widely-touted “Uptober” […]
FTX’s Sam Bankman-Fried Calls Handing Firm Over To New CEO ‘His Biggest Mistake’ — Details
Sam Bankman-Fried, founder and former CEO of the now-defunct cryptocurrency exchange FTX, tagged the decision to hand over the firm to a new leader during the bankruptcy saga his “single biggest mistake.” According to the former crypto executive, this move deterred him from saving the company from collapsing at the last minute. ‘I Could […]
BBVA Joins Blockchain Drive With SWIFT to Reshape Real-Time Global Payments
BBVA is embracing blockchain-powered global payments with bold support for SWIFT’s real-time settlement network, citing speed, transparency, stablecoins, and tokenized asset capabilities. BBVA Joins Over 30 Banks in SWIFT’s Blockchain Bet on Real-Time Global Payments Global banks are intensifying their efforts to modernize cross-border payments, and blockchain is rapidly becoming a key component in this […]