Author: Kryptonews

Update Sept. 15, 7:58 a.m. UTC: This article has been updated to include another section on LSEG and Microsoft’s collaboration.The London Stock Exchange Group (LSEG) launched a blockchain-based infrastructure platform for private funds, making it the first major global stock exchange to use such a system.The platform, called Digital Markets Infrastructure (DMI), supports the full lifecycle of digital assets, from issuance and tokenization to post-trade settlement. It was developed with Microsoft and runs on Microsoft Azure, the exchange said on Monday.LSEG said the system was designed to provide interoperability between distributed ledger technology and traditional financial systems as part of…

Bitcoin Core developer Jimmy Song has criticized the Taproot upgrade for overlooking the “social attack surface” that allowed spam-like activity, such as Ordinals and BRC-20 tokens, to flood the Bitcoin network. Key Takeaways: Jimmy Song argues Taproot introduced a social attack surface that enabled spam-like activity via Ordinals and BRC-20 tokens. He claims Taproot failed to deliver on privacy and usability promises, particularly in multi-signature setups. The divide over Bitcoin’s purpose deepens, as developers debate whether to support or limit nonfinancial transactions on the network. In a video posted on X, Song said developers underestimated the unintended consequences of enabling…

Digital assets investment firm Galaxy Digital has bought $306 million worth of Solana in a single day after teaming up with investment firm Multicoin Capital and trading firm Jump Crypto to create a so-called crypto treasury company.Galaxy scooped up 1.2 million Solana (SOL) on Sunday from multiple exchanges and sent them to the crypto custody firm Fireblocks, according to blockchain data reported by Lookonchain.It extends a Solana buying spree from Galaxy since Wednesday, which has seen it buy up over $1.5 billion worth of the token.On Thursday, Galaxy said that it’s linking up with Multicoin Capital and Jump Crypto to…

If you’ve recently stopped paying attention to Bitcoin, now might be the time to tune back in. Behind the noise of regulatory headlines and fluctuating prices, a significant trend is emerging — smart money is quietly returning to the market. Specifically, Bitcoin ‘sharks’ — wallets holding between 10 and 1,000 BTC — have scooped up over 65,000 BTC in just the past week. This surge in accumulation is far from random; it mirrors the stealth accumulation phases of previous cycles, notably at times when market sentiment was at its lowest and opportunity was at its highest.This pattern of accumulation by…

Overview of tax regulations in India For the financial year 2024-2025, Indian tax law treats cryptocurrencies as virtual digital assets (VDAs) under the Income Tax Act, 1961. Section 2(47A) spells out what that means: Any code, number, token or piece of information created through cryptography counts as a VDA. The only exception is money itself — Indian rupees or any other country’s fiat currency.VDAs include cryptocurrencies like Bitcoin (BTC) and Ether (ETH), as well as non-fungible tokens (NFTs) and similar digital tokens. While it is legal to buy, sell and hold VDAs, they are not recognized as valid payment methods. In…

Tony Kim Sep 15, 2025 06:46 ATOM price prediction shows bullish momentum toward $5.09 medium-term target, with technical indicators supporting gradual recovery from current $4.61 levels. Cosmos (ATOM) presents a compelling technical setup as we analyze the latest price movements and forecasting models. With current trading at $4.61, our comprehensive ATOM price prediction suggests measured optimism for the coming weeks, supported by improving momentum indicators and analyst consensus targeting higher price levels. ATOM Price Prediction Summary • ATOM short-term target (1 week): $4.75 (+3.0%) – testing immediate resistance at $4.89 • Cosmos medium-term…

The Financial Times (FT) reported on Monday that cryptocurrency groups are urging the Bank of England (BoE) to scrap proposals limiting the amount of stablecoins individuals and businesses can own.The group warned that the rules would leave the UK with stricter oversight than the U.S. or the European Union (EU).According to the FT, BoE officials plan to impose caps of 10,000 british pounds to 20,000 british pounds ($13,600–$27,200) for individuals and about 10 million british pounds ($13.6 million) for businesses on all systemic stablecoins, defined as tokens already widely used for payments in the U.K. or expected to be in…

United States President Donald Trump has filed an appeal in the case involving Federal Reserve Governor Lisa Cook ahead of a key interest rate decision by the central bank this week.Lawyers representing the Department of Justice on behalf of the president have appealed against a preliminary injunction issued by the district court on Sept. 9, regarding Trump’s decision to remove Cook from office. The administration argues that removal “for cause” is “a capacious standard that Congress has vested in the President’s discretion” and is not subject to judicial review. “When a statute gives a power of removal ‘for cause,’ without any specification…

OKX is making a push into Australia’s retirement market, despite crypto still being a notably small component.On Sunday, the exchange announced the launch of a platform for self-managed superannuation funds, or SMSFs.These private retirement vehicles allow individuals and small groups to manage their own savings directly, offering an alternative to the industry and retail funds that still dominate Australia’s pension system.“Adoption is already far higher than many realise: SMSF crypto holdings have grown seven times since 2021, with $1.7 billion (US$1.1 billion) to $1.8 billion (US$1.2 billion) now invested,” Kate Cooper, CEO of OKX Australia, told Decrypt.Cooper said OKX developed…

Bitcoin developers behind the Taproot upgrade didn’t account for the “social attack surface” that enabled Ordinals, BRC-20s, and other nonfinancial transactions to flood the network with spam, says a Bitcoin developer. “What they ignore is that Taproot had significant trolling value as the upgrade that Bitcoiners were placing their hopes in,” Bitcoin Core developer Jimmy Song said in an X video on Sunday, adding: “The increase in the social attack surface of this upgrade wasn’t accounted for at all, let alone considered.”Song — who referred to Ordinals as a “fiat scam” last year — claimed that Taproot has failed to live…