OpenSea has launched a $1 million fund to buy culturally significant NFTs, starting with CryptoPunk #5273. The initiative aims to preserve digital art history while prioritising long-term cultural impact over short-term profits.
AnaisA Russian policymaker has proposed a state-run national crypto bank to centralise cryptocurrency trading, boost government revenue, and fight fraud. The plan would route all crypto activity through one institution, giving authorities oversight while offering miners a secure way to sell coins domestically.
WeatherlyTruth Social has introduced a new feature letting Patriot Package users earn Truth gems that can now be converted into Cronos (CRO) cryptocurrency. This update is part of the platform’s latest digital rewards rollout for premium subscribers.
AnaisThe SEC’s Crypto Task Force will hold a public roundtable on 17 October to discuss financial privacy and surveillance in digital finance. Experts will explore how new privacy tools can protect users while helping regulators prevent fraud and shape crypto rules.
AnaisAlex Mashinsky, former CEO of Celsius, has begun a 12-year prison sentence after pleading guilty to fraud and misleading investors about the company’s Earn Program. Celsius collapsed in 2022, leaving thousands of users unable to access funds, while Mashinsky and executives misused customer money to inflate the value of the CEL token.
WeatherlyKraken has launched trading of over 60 tokenized US stocks for European investors, allowing 24/5 access without traditional brokers. The platform has already seen $3.84 billion in trades and plans to expand support to multiple blockchains for easier global access.
AnaisTrump’s CFTC nominee, Brian Quintenz, released texts showing Tyler Winklevoss tried to influence his confirmation over a legal dispute between Gemini and the CFTC. Quintenz refused to make promises, and the messages emerged just before Gemini’s $3 billion IPO, raising questions about regulatory pressure from crypto executives.
WeatherlyThe SEC announced a plan to create clear rules for crypto, saying most tokens are not securities and introducing a framework for unified regulation. The agency also supports “super-app” platforms that combine trading, lending, and staking under one licence to encourage innovation while protecting investors.
AnaisA Texas court ruled that Nathan Fuller, who admitted running a crypto Ponzi scheme, cannot use bankruptcy to escape his debts. He now remains personally liable for more than $12.5 million owed to investors.
WeatherlyThe MIRROR token, inspired by Netflix’s Black Mirror, saw a strong initial rise before experiencing a sharp drop. Despite strong community support and backing from major crypto platforms, analysts warn that high volatility and untested governance make it a risky investment.
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