Author: Blockto Team

New approval positions Circle for deeper expansion in a market rapidly building a comprehensive digital-asset framework Circle has received regulatory approval to operate within Abu Dhabi’s international financial center, marking a significant milestone in the United Arab Emirates’ expanding digital-asset ecosystem. The authorization strengthens Circle’s strategy to scale USDC adoption across a region that is accelerating its oversight of stablecoins, DeFi and Web3 services. Circle confirmed that it has obtained a Financial Services Permission license from the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM). The approval enables the company to function as a fully licensed Money…

Licensed crypto exchange targets a multibillion-dollar valuation as Hong Kong’s IPO market accelerates HashKey Group has officially opened subscriptions for its initial public offering, marking a major milestone for one of Hong Kon’s leading licensed crypto exchanges. The company seeks to raise up to $214.7 million, positioning itself among the most prominent digital-asset firms entering public markets in Asia. The exchange’s prospectus filed with the Hong Kong Stock Exchange outlines an offering of 240.6 million shares priced between $0.76 and $0.89, placing HashKey’s potential valuation at approximately $2.46 billion. Investors can subscribe through the HK eIPO White Form or via…

Prediction markets are becoming a high stakes arena in the crypto economy, where elite traders leverage data and analytics to profit from casual retail participants. Research shows that most retail traders behave more like dopamine-seeking bettors than disciplined investors creating opportunities for informed professionals. Retail vs. Professional Trading Dynamics According to recent research, the majority of retail participants lose money, with only 16.7% of Polymarket wallets in profit, while the remaining 83% face losses. Casual users often trade based on narratives and excitement rather than probability, hedging, and risk management, allowing elite traders to extract information asymmetry and capture spread…

New upgrade reduces consensus time, boosts scalability and prepares Polygon for stablecoin and real-world asset expansion Polygon has rolled out its Madhugiri hard fork, a network upgrade designed to increase throughput, lower consensus time, and support advanced functionality required for high-volume on-chain activity. The update marks a significant step in Polygon’s broader roadmap focused on scalability and enterprise-grade reliability. The Madhugiri hard fork introduces several technical enhancements, including support for three Fusaka Ethereum Improvement Proposals (EIP-7823, EIP-7825, EIP-7883). These proposals make intensive mathematical operations more efficient by reducing gas consumption and preventing any single transaction from overloading network resources. With…

Network Activity Climbs to a Three-Month High as Volatility Tightens Dogecoin (DOGE) continued to defend the crucial $0.14 support zone, holding steady despite broader market uncertainty. Recent on-chain readings show a measurable rise in network activity, with active addresses hitting their highest level in three months, a signal that user participation is increasing even as price action remains compressed. Momentum indicators across the DOGE reflect a period of tightening volatility, often preceding a decisive directional move. The asset has been consolidating within a narrow band above major demand, where buyers previously stepped in to reverse extended declines. This sustained defense…

New blueprint outlines a shift away from rigid fees, aiming to curb congestion and keep privacy-focused transactions affordable Zcash developers have unveiled a comprehensive plan to overhaul the network’s long-standing fee model, introducing a dynamic pricing system designed to prevent users from being priced out as activity increases. The proposal arrives as ZEC trades near yearly highs and network demand accelerates. A new framework published by Shielded Labs outlines the first fully detailed roadmap for a dynamic fee market on Zcash. The initiative moves away from the network’s static fee structure originally set at 10,000 zatoshis and later lowered to…

Lawmakers face hurdles reconciling competing drafts, partisan concerns, and regulatory questions as they push for progress bre year-end Efforts to advance a comprehensive crypto market structure bill in the U.S. Senate have hit increasing resistance, with ongoing negotiations described as “decently frustrating” by Ohio Sen. Bernie Moreno. Despite momentum earlier in the year, lawmakers remain divided over key components of the legislation, complicating hopes for progress before the holiday recess. Speaking at the Blockchain Association Policy Summit in Washington, D.C., Moreno outlined the challenges facing lawmakers as they work to finalize a bill intended to clarify jurisdiction between the SEC…

Defendant admits to helping convert stolen crypto into cash for a syndicate that stole 4,100 BTC through large-scale social engineering attacks A federal investigation into a massive crypto-related social engineering operation has advanced as a 22-year-old California resident pleaded guilty to laundering millions for a syndicate that stole more than $263 million in digital assets. The case highlights the scale and sophistication of modern crypto-targeted criminal networks. The U.S. Justice Department confirmed that Evan Tangeman admitted to participating in a RICO conspiracy, acknowledging that he laundered more than $3.5 million for the organization. His plea makes him the ninth defendant…

Bitwise CIO says broad-based crypto funds will gain traction as investors seek diversified exposure in an increasingly unpredictable market As the digital asset landscape continues to expand and diversify, crypto index funds are emerging as a strategic entry point for investors facing a rapidly evolving market. Industry insights indicate that these multi-asset funds may see significant momentum in 2026 as unncertainty and innovation reshape the sector. According to recent commentary from Bitwise’s investment chief, the growing complexity of the crypto ecosystem makes diversified exposure more valuable than ever. He noted that “crypto index funds are going to be a big…

November sales drop to $320 million and early December signals continued weakness across major NFT collections The prolonged NFT market downturn has deepened, with monthly sales volumes hitting their lowest level of the year. Fresh market data reveals a significant decline in digital collectible demand, marking the steepest slump since late 2024. According to recent analytics, NFT sales fell to $320 million in November a sharp drop from the $629 million recorded just one month earlier. This downturn pushed monthly volumes back to levels last seen in September 2024, when sales reached $312 million. Early activity for December has been…