Author: NBTC

Cryptocurrency exchange OKX announced that it will remove some perpetual contracts from its platform in order to prevent market risks and provide users with a better trading experience. OKX to Retire Seven Perpetual Contracts on September 26 According to the company’s announcement dated September 22, 2025, the removal of the trading pairs in question will take place on September 26, 2025, at 16:00. The following contracts will be removed: MAJORUSDT ARCUSDT SWARMSUSDT GRIFFAINUSDT GODSUSDT ORBSUSDT VINEUSDT On the specified date, all transactions of these contracts will be stopped, users’ open orders will be canceled, and accounts will be closed at…

MicroBT has launched a dedicated online shop in the United States, enabling customers to order domestically built Whatsminer bitcoin mining rigs directly. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. MicroBT said in a WeChat post on Tuesday that the new platform enables buyers to purchase U.S.-made Whatsminers with the option to pick up orders directly from a Delaware warehouse, potentially within 24 hours of purchase. The move marks a further step in the Shenzhen-based manufacturer’s push to localize its operations in response…

The world of decentralized finance is buzzing with exciting news: prediction market leader Polymarket is making headlines with a monumental new funding round. This development signals a significant leap forward for the platform, which is now reportedly valued at an astounding three times its previous assessment. This substantial Polymarket funding is set to reshape the landscape of online forecasting and market prediction. What’s Driving This Remarkable Polymarket Funding Boost? According to a report from Business Insider, Polymarket is currently conducting a new funding round that has propelled its valuation to an incredible level. A term sheet from at least one…

The trial of the alleged mastermind of a $7 billion cross-border investment fraud is set to begin in London on September 29, with the case expected to set precedents for how authorities in the UK handle compensation for crypto-related financial crime. The defendant is Chinese national Zhimin Qian, who is the alleged organizer of a fraudulent investment scheme that victimized nearly 130,000 investors in China. She is alleged to have operated the Tianjin Lantian Gerui Electronic Technology Company, which between 2014 and 2017 sought customers for a Ponzi-style investment product that offered returns of between 100% and 300%. The scheme…

CoinEx Pay, a new payment solution by CoinEx, seeks to make crypto payments faster and easier. On September 22, 2025, the news was posted on the exchange’s official X account. This functionality has already been deployed and is available in the CoinEx App. Wide Crypto Support This is, among other things, one of the advantages of CoinEx Pay, as its supported cryptocurrencies are a lot. Among them are Bitcoin (BTC), Ethereum ( ETH), Tether (USDT) and CoinEx Token (CET) though payments can be made using over 1,000 cryptocurrencies. The broad coverage is of interest to users wanting flexibility for a…

Rick Rieder, a senior executive at BlackRock Inc., has emerged as a likely candidate to take over the position after Fed Chair Jerome Powell’s term expires in May. Treasury Secretary Scott Bessent held a two-hour meeting with Rieder in New York yesterday, according to an official familiar with the matter. The meeting focused on monetary policy, the Fed’s institutional structure, and regulatory policies. Bessent has reportedly met with four of the 11 candidates publicly mentioned so far, and the process is ongoing. It’s also being reported that one or two more names may be added to the list. Rieder heads…

The U.S. Securities and Exchange Commission approved a change to how companies can list and trade shares of exchange-traded funds, which should streamline the process for new products moving forward. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative A majority of commissioners at the U.S. Securities and Exchange Commission voted to streamline the process by which companies could list and trade shares of spot crypto exchange-traded funds (ETFs), as well as other types of ETFs, through the approval of a generic listing…

Crypto.com Capital, the venture arm of Crypto.com, has made a strategic investment in Moonlander, a decentralized perpetuals exchange built on Cronos EVM and zkEVM, as per reports shared with Finbold on September 22. Moonlander aims to expand access to high-leverage on-chain trading, offering up to 1000x leverage, while integrating passive yield opportunities for liquidity providers. By leveraging Cronos’ dual-chain infrastructure, the platform combines scalability with low transaction costs, supporting both professional traders and passive participants. Liquidity model and social-first design At the core of Moonlander’s design is the Moonlander Liquidity Pool (MLP), a shared pool of assets that acts as…

The Russian market for crypto investment products is likely to amount to a couple of trillion rubles next year, predicted a prominent member of Russia’s crypto space. The forecast comes after Moscow took a series of steps in the past months to organize and regulate this segment of its digital economy, still strictly reserved for institutions and rich Russians. Regulation opens door for institutional players Russia has been gradually warming towards crypto since last year, with laws and rules recognizing certain activities related to digital assets. The adoption of basic regulation in 2024, when the Russian government legalized cryptocurrency mining,…

The fight over how to regulate cryptocurrencies in the United States has entered a new stage in the Senate. Twelve Democrats are pressing Republicans to let them take part in actually writing the crypto market structure bill, rather than leaving them to comment on a GOP-drafted proposal. Their demand highlights the high stakes of this legislation, which could define the balance of power between the SEC and CFTC, reshape oversight of digital assets, and set the rules of the road for investors and exchanges. Democrats Call for True Collaboration A group of twelve Senate Democrats released a statement urging Republicans…