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Andrew Tate has booked a $16,000 gain from betting against Kanye West’s meme coin YZY, even as the token’s market collapse highlights the risks surrounding celebrity-linked cryptocurrencies.

On-chain data from CryptoQuant indicates a growing divergence between Bitcoin (BTC) and Ethereum (ETH), underscoring shifting market dynamics that could define the next phase of capital flows in digital assets.

Injective has entered into a strategic partnership with global investment platform Republic, aiming to expand access to tokenized private market opportunities and accelerate institutional adoption of blockchain-based finance.

Australia’s corporate watchdog is intensifying its war on online scams after removing more than 14,000 fraudulent websites since mid-2023, with thousands linked to cryptocurrencies.

Thirteen wallets pocketed over $24.5 million from trading Kanye West’s newly launched YZY token before its price crashed, blockchain data from Nansen shows.

In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC).
- 02:47The chairman of the U.S. Senate Banking Committee plans to initiate a vote on the cryptocurrency market bill next month.Jinse Finance reported that U.S. Senate Banking Committee Chairman Tim Scott stated on Tuesday that he plans for the committee to vote on the cryptocurrency market structure bill next month. Scott said: "By the end of this year, that is, next month, we believe we can complete the bill's revisions in both committees and initiate a vote, and submit it to the full Senate for a vote early next year, so that President Trump can sign this bill." The cryptocurrency market structure bill requires dual approval from the Senate Banking Committee and the Agriculture Committee, as its content involves both securities regulation and commodities regulation. Scott stated that this bill will help consolidate the United States' leading position as "the world's strongest economy for the next century" while protecting consumer rights. The Republican senator had previously tried to push the bill through before September this year but was unsuccessful, attributing the failure to the Democrats. On Tuesday, Scott said: "The Democrats have been delaying, delaying, and delaying again, because they don't want President Trump to make the United States the global capital of cryptocurrency. This bill is not just for President Trump, but for the American people."
- 02:40Vitalik calls for the Ethereum base layer to "ossify", urging innovation to shift to the L2 ecosystemChainCatcher news,according to DLNews,Vitalik Buterin stated at the Devconnect conference in Buenos Aires that the Ethereum base layer should gradually "ossify," locking in core functionalities to prevent the introduction of vulnerabilities. "More ossification over time is beneficial for Ethereum, and our current unexpected situations have been greatly reduced," Vitalik told an audience of over 500 people. This marks a shift for Ethereum from emphasizing flexibility to pursuing stability. For a network that protects hundreds of billions of dollars in value, being 'boring' may be an advantage rather than a flaw. Vitalik emphasized that ossification does not mean a complete freeze: the consensus layer can be locked while the EVM remains flexible, or vice versa. The key is to shift innovation from the base layer to Layer 2, wallets, and privacy tools in the surrounding ecosystem. "Shifting attention from L1 to the peripheral ecosystem is healthy." He acknowledged that the early 'spirit of exploration' has faded with the proliferation of meme coins and institutional participation, criticizing the 'fast follower' mentality for harming imagination.
- 02:35Ark Invest increased its holdings of BLSH by $1.0668 million yesterdayAccording to Jinse Finance, monitored by Ark Invest Tracker, Cathie Wood's Ark Invest increased its holdings by 28,186 shares of BLSH through ARKF this Tuesday, valued at $1.0668 million.