The exchange says the move reflects its pursuit of regulatory clarity and business efficiency as U.S. crypto policy evolves. Coinbase Relocates Incorporation from Delaware to Texas In a major corporate shift, Coinbase, one of the world’s leading cryptocurrency exchanges, has announced plans to reincorporate in Texas, departing from its long-standing base in Delaware. Chief Legal Officer Paul Grewal confirmed the decision in a Wednesday post on X, emphasizing that Texas offers a more predictable and transparent legal climate compared to Delaware. “This decision was not made lightly, but we’ll always do what’s best for our customers, our employees, and our…
Author: Blockto Team
Traders eye $2.39–$2.41 range as critical short-term support amid weak momentum XRP (XRP/USD) fell nearly 5% to $2.41 on Tuesday, extending its recent correction even as institutional developments in the ETF space continued to advance. The decline has put the token under technical pressure, with traders closely watching the $2.39–$2.41 range as a pivotal area that could determine whether XRP rebounds or faces deeper losses. Market data shows XRP struggling to sustain momentum after last week’s brief surge above $2.55, which was met with heavy selling near key resistance zones. On the 4-hour chart, the token has formed a bearish…
Lazarus Security Lab’s findings reveal protocol-level controls across major networks, challenging the core principles of blockchain autonomy. Bybit’s Study Exposes Fund-Freezing Functions Across 16 Blockchains A new report from Bybit’s Lazarus Security Lab has found that 16 major blockchain networks possess the technical ability to freeze or restrict user funds, sparking renewed debate about decentralization and user control in digital asset systems. After analyzing 166 blockchain networks, the research team discovered that several—including BNB Chain, VeChain, and Sui—feature protocol-level mechanisms allowing developers, validators, or foundations to halt specific transactions or addresses. “Even when designed to enhance security or prevent theft,…
Institutional appetite rebounds as “smart money” traders turn net long on Bitcoin ETF inflows signal renewed investor confidence After weeks of caution, Bitcoin exchange-traded funds (ETFs) are showing strong signs of recovery. On Tuesday, U.S. spot Bitcoin ETFs recorded a combined $524 million in net inflows, the highest single-day total since October 7, according to data from Farside Investors. The surge in ETF investments marks a sharp turnaround from the post-crash outflows seen in early October, when risk sentiment across crypto markets fell dramatically. Analysts say the latest inflows could reflect renewed institutional demand and a return of market confidence…
Heavy selling pressure drags DOGE below key technical zone, sparking caution among traders Dogecoin (DOGE) fell 5.5% to $0.1730, sliding below a crucial short-term support area amid broader weakness in speculative crypto assets. The move marks a potential shift in market sentiment as traders reassess risk exposure following several weeks of volatility across meme coins. At the time of writing, DOGE is trading near $0.1745, hovering around a key pivot zone that has previously acted as both resistance and support. The $0.17 level is now under scrutiny as market participants debate whether buyers can maintain control—or if another wave of…
Strategic move strengthens collaboration between traditional finance and blockchain payment infrastructure VCI Global acquires $100 million in OOB tokens VCI Global, a Malaysia-based technology consulting and investment firm listed on Nasdaq, has announced plans to acquire $100 million worth of OOB tokens, the native asset of Tether-backed crypto payment company Oobit. The transaction marks one of the largest token acquisitions by a publicly listed firm in Asia’s blockchain sector. According to the company’s Tuesday statement, VCI Global has already acquired $50 million in OOB tokens through a restricted share issuance to the OOB Foundation. The firm intends to purchase another…
Arjun Sethi argues that excessive disclaimers and trading restrictions harm customer experience and slow innovation. Sethi: UK crypto websites look like “cigarette boxes” Arjun Sethi, co-CEO of Kraken, has voiced frustration with the United Kingdom’s crypto regulatory environment, saying that rules intended to protect consumers are now hurting user experience and discouraging participation. In an interview with the Financial Times, Sethi compared the disclaimer-heavy crypto websites required under UK Financial Conduct Authority (FCA) rules to “cigarette boxes” — plastered with warnings that make trading cumbersome and uninviting. “In the UK today, if you go to any crypto website, including Kraken’s,…
Digital asset treasury strategy boosts revenue and transforms Solana holdings into high-yield assets. Upexi, the Solana-focused digital asset treasury and consumer brands company, posted a record quarter with $9.2 million in total revenue, more than double last year’s $4.4 million. The surge was driven primarily by $6.1 million in digital asset revenue, including staking income, highlighting the growing impact of blockchain-based treasury strategies on corporate balance sheets. Revenue Growth and Net Income Surge The Nasdaq-listed firm reported net income of $66.7 million, or $1.21 per share, compared to a net loss of $1.6 million during the same quarter last year.…
Move reignites debate over privacy, self-custody, and the role of centralized platforms in the crypto ecosystem Zcash back in focus as Hayes calls for self-custody The privacy coin sector has returned to the spotlight after Arthur Hayes, co-founder of BitMEX, urged Zcash (ZEC) holders to withdraw their assets from centralized exchanges (CEXs) and move them to self-custodial wallets. In a post on X (formerly Twitter), Hayes wrote, “If you hold $ZEC on a CEX, withdraw it to a self-custodial wallet and shield it.” His statement refers to Zcash’s “shielded” feature, which allows users to conduct private, zero-knowledge transactions — obscuring…
New framework ushers in regulatory clarity, institutional confidence, and a sustainable digital asset cycle U.S. enters its most mature crypto phase with new legislation Global investment firm Bernstein has declared that the United States is emerging as the world’s crypto capital, following the enactment of two landmark regulatory bills — the GENIUS Act and the forthcoming CLARITY Act. In a recent market report, Bernstein analysts said these measures have transformed the digital asset landscape, bringing long-awaited regulatory certainty and unlocking institutional participation at unprecedented levels. The GENIUS Act, now officially law, has accelerated stablecoin adoption, driving the supply of U.S.…