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Victoria, Seychelles, October 9, 2025 – MEXC, a leading global cryptocurrency exchange, has successfully concluded its “Race to Zero” event, attracting 134,349 registered users and unlocking a 1 BTC prize pool (valued at 122,194.64 USDT), reflecting strong community interest in the platform’s innovative events. The event featured a unique “Race to Zero” gameplay where participants competed to stop a countdown timer as close to zero as possible to earn points and climb the leaderboard. Over a thousand participants hit exactly 0:00 and earned the title of “Zero Hunters”. The top-ranked participant receives 0.5 BTC, with ranks 2 to 100 sharing…

Polkadot parachain Phala is set to become an Ethereum layer 2 after the community voted in favor of a recent proposal aimed at ramping computation offerings to enterprise client.“Proposal Passed: Phala is Migrating to Ethereum L2!” a Phala X post from Wednesday reads, adding that it marks the next chapter for the project as it pushes for “greater scalability and enterprise-grade security.”The post adds that Phala (PHA) tokenholders will receive the new ERC-20 variant at a 1:1 ratio, the “migration” will start before Nov. 20, and that “staking, rewards, and governance” will continue seamlessly on the new layer 2 (L2). Phala…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The UK government has made a significant announcement, allowing investors to include cryptocurrency ETPs within tax-advantaged individual savings accounts (ISAs) and pension funds.  This decision comes alongside the Financial Conduct Authority’s (FCA) recent lifting of its ban on retail investors purchasing crypto ETPs, although retail access is expected to remain limited for the time being due to regulatory delays. New Regulations Allow Crypto ETPs In ISA Starting from April 6, 2026, crypto exchange-traded notes (ETNs) will be classified as qualifying investments for the Innovative Finance ISA, a…

Financial institutions are quickly waking up to the “debasement trade,” according to commentators, which could be a boon for assets such as gold and Bitcoin. Institutions have a new concept to cling to called the “debasement trade,” which will be the thing that protects them, said entrepreneur Anthony Pompliano in a podcast on Thursday.  It’s the same thing that goldbugs and Bitcoiners have been talking about for years, and now institutions have just realized that “no one is ever going to stop printing money,” he added.“This now feels like there is no longer a debate about this. People realize the dollar and…

Shares of Strategy (MSTR) are down about 3.6% today, weighed by a slide in Bitcoin. The broader crypto market is under pressure. Bitcoin slipped roughly 2% over the past 24 hours, retreating from recent highs. That drop is rippling into crypto-linked equities — Strategy is one of the most exposed. Strategy (MSTR) is currently trading at $319.84 Strategy, co-founded by Michael Saylor, reported $3.9 billion in fair value gains for the third quarter of this year. The company holds roughly 640,000 Bitcoin, with an average purchase price of $73,983 per coin. Investors see Strategy now as nearly a pure Bitcoin…

Decentralized exchanges (DEX) registered $1.43 trillion in spot volume during the third quarter, marking the strongest quarterly performance on record and signaling a structural shift in how crypto markets establish prices.The figure represents a 43.6% increase from the $1 trillion registered in the second quarter, and surpasses the previous record of nearly $1.2 trillion set between January and March.August and September delivered the second- and third-largest monthly volumes in history, at $510.5 billion and $499.1 billion, respectively, trailing only January 2025’s $560.3 billion.Additionally, DEXs captured 17.7% of the total crypto spot volume traded by their centralized counterparts, according to data…

Join Our Telegram channel to stay up to date on breaking news coverage Citigroup has invested in stablecoin infrastructure provider BVNK through Citi Ventures, just months after warning that the cryptos could drain deposits from traditional banks BVNK’s platform serves as an onramp and offramp for customers to move money between fiat and crypto. It is also backed by US crypto exchange Coinbase and fund manager Tiger Global Management. The investment underscores TradFi’s shift from caution to participation in the stablecoin ecosystem after the US GENIUS Act provided regulatory clarity over their status. BVNK Valuation Exceeds $750 Million After Citi…

A privacy coalition has urged the Irish government to abandon work on a pre-draft bill that would grant law enforcement access to encrypted messages.Ryan Polk, an author at the Global Encryption Coalition (GEC), which advocates for and defends encryption worldwide, penned an open letter on Thursday, arguing that legislation proposed by Minister for Justice Jim O’Callaghan could lead to increased cybercrime and deter businesses from the country.“Any country that undermines encryption risks threatening the privacy and security of people far beyond its borders. But Ireland, as host to the EU headquarters of major tech companies including Apple and Meta, bears…

VILNIUS, Lithuania, October 9th, 2025, Chainwire BTCC, the world’s longest-serving cryptocurrency exchange, today announced it has surpassed 10.16 million registered users globally and achieved a record $1.15 trillion in trading volume during Q3 2025. These figures mark significant growth milestones for the platform. The exchange’s Q3 performance represents substantial growth, with trading volume up 20% compared to Q2 2025’s $957 billion. The user base expanded from 9.1 million in Q2 to 10.16 million by the end of Q3. This landmark quarter was highlighted by a strategic global brand ambassador partnership with NBA All-Star Jaren Jackson Jr. and triple industry recognition…

Polymarket has made headlines this week, with multiple developments surrounding the prediction platform. It is gaining legitimacy with ICE exploring a $9 billion deal and Wall Street taking notice.Against these backdrops, the network’s effect plays out across multiple chains and protocols that power its decentralized prediction markets.Sponsored SponsoredAltcoin Stacks Powering Polymarket’s Breakout MomentBeInCrypto recently reported that Polymarket could host the biggest airdrop in the industry. This, coupled with headlines about a prospective ICE investment, positions select altcoins to benefit from the platform’s growing valuation.1. UMA: The Silent Backbone of Prediction MarketsUMA is important to Polymarket, but no one is paying…