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Michael Selig, currently serving as chief counsel for the crypto task force at the US Securities and Exchange Commission, will face questioning from senators next week in a hearing to consider his nomination as the chair of the Commodity Futures Trading Commission.On Tuesday, the US Senate Agriculture Committee updated its calendar to include Selig’s nomination hearing on Nov. 19. The notice came about two weeks after the SEC official confirmed on social media that he was US President Donald Trump’s next pick to chair the agency following the removal of Brian Quintenz.Hearings for Quintenz, whom Trump nominated in February, were…

EOS – a cryptocurrency, whose market cap surpassed $2 billion last year – is among the delisted ones. The leading US-based cryptocurrency exchange has decided to terminate all trading services for five digital assets. The announcement resulted in substantial price declines for the affected tokens. Interestingly, many users applauded the move, describing some of the scrapped coins as scams and rug pulls. The Departing Ones Coinbase regularly monitors the tokens listed on the platform to ensure they meet all necessary standards. Based on the recent reviews, the team decided to suspend trading for Clover Finance (CLV), EOS (EOS), League of…

Singapore, Singapore, November 11th, 2025, ChainwireBSX Labs, backed by Blockchain Capital and Coinbase Ventures, brings expertise from supporting over $15B in orderbook trading volume. The team will help RISE develop EVM-based synchronously composable orderbook primitives that will bridge traditional financial markets.RISE today announced its acquisition of BSX Labs, the team behind the BSX perpetuals exchange on the Base network.The BSX team’s experience in designing and operating a hybrid orderbook trading system positions RISE to accelerate innovation in fully onchain orderbook products, a core use case of RISE’s high-speed Ethereum Layer 2 blockchain. This collaboration will deliver Integrated Orderbook Primitives that…

New York, United States, November 11th, 2025, ChainwireThreshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the…

Vaduz, Liechtenstein, November 11th, 2025, ChainwireFirst location is in Cyprus, utilizes xMoney stack to facilitate faster payments, many more locations on the horizon.In a new collaboration aimed at appealing to pizza enthusiasts worldwide, xMoney, the pioneering payments company, is broadening its platform reach by welcoming a new partnership with pizza giant Domino’s in a move set to speed up check-out times and make the payments process more seamless.The partnership will kick off with Domino’s Cyprus and will focus on services that enable Domino’s franchises to accept fiat payments with credits and digital wallets – Apple Pay and Google Pay –…

APIA, Samoa, Nov. 11, 2025 /PRNewswire/ — Phemex, one of the most efficient crypto exchanges, unveiled a refreshed logo and upgraded platform design, marking the beginning of its broader rebranding journey. The new visual identity mirrors Phemex’s ongoing evolution from a high-performance trading venue into a comprehensive digital asset platform, uniting speed, precision, and user-centric simplicity under one cohesive aesthetic. Key Visual Enhancements New Logo Design: Phemex’s new logo evolves into a dynamic two-candle composition — a minimalist form symbolizing growth, movement, and upward momentum. The twin lines also convey balance, continuity, and duality between performance and reliability. Refined Gradient Palette:…

Victoria, Seychelles, November 11, 2025 – MEXC, a leading global cryptocurrency exchange, announced the listing of Allora (ALLO) in its Innovation Zone. Trading for the ALLO/USDT pair begins November 11, 2025, at 13:00 (UTC), followed by the ALLO/USDC pair at 13:20 (UTC). To celebrate the listing, MEXC is offering limited-time zero trading fees and hosting an Airdrop+ event with $60,000 in ALLO and 25,000 USDT in rewards.Allora is a self-improving decentralized AI network that enables applications to leverage smarter and more secure AI through a network of machine learning models. ALLO serves as the native token of the Allora Network,…

us, co, November 11th, 2025, ChainwireAs the digital asset industry continues to expand, cryptocurrency exchanges are evolving to meet increasing global demand. Founded in 2021, Tapbit Exchange has grown into a global leader in futures trading through four years of relentless innovation, robust security, and a user-centric vision.More than just a trading platform, Tapbit now serves as a vital bridge between traditional finance and the blockchain-powered future, ushering in a new “Golden Era” of futures trading.Tapbit to Launch Its 4th Anniversary Global Celebration on November 17: A Milestone Shared with Users WorldwideTo commemorate this remarkable milestone, Tapbit will officially host…

A new safe harbor announced by the U.S. Internal Revenue Service on Monday is being seen as a major step toward allowing crypto exchange traded products (ETPs) to share staking rewards with their investors.Under certain conditions, the new guidance allows trusts to “stake their digital assets without jeopardizing their tax status as investment trusts and grantor trusts for Federal income tax purposes,” according to the IRS document, which went into effect immediately. Under proof-of-stake consensus mechanisms, network participants put up or “stake” some of their cryptos — Ethereum ETH$3,554.66 or another crypto — to secure the network, and they receive…

Momentum for institutional adoption of XRP has surged as the Depository Trust & Clearing Corporation (DTCC) added five spot XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone. Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’ The listings include products from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, all of which are categorized as “active and in the pre-launch stage.” DTCC Lists Five Spot XRP ETFs, Signaling Institutional Readiness While the U.S. Securities and Exchange Commission (SEC) has yet to give final approval, analysts view DTCC listings as a…