Crypto Exchange WazirX Relaunches Operations After $230M Hack, Secures Court Approval – SuperCryptoNews

Beleaguered Indian cryptocurrency exchange WazirX is set to resume full operations starting October 24, following the successful conclusion of its year-long restructuring process. The restart comes after the exchange secured approval from the Singapore High Court for its long-awaited debt restructuring plan, necessitated by a $230 million hack in July 2024. The company announced the relaunch will adopt a phased approach, initially enabling trading for select crypto-to-crypto pairs and the USDT/INR pair. The exchange promises a “gradual expansion” into additional markets in the coming days. As a key part of…

Jupiter Exchange Has Launched Its Prediction Market On Wednesday.

Solana-based decentralized exchange aggregator Jupiter is eyeing the fourth quarter for the full rollout of its new native predictions market offering that it’s building with Kalshi.  Jupiter on Wednesday announced it had just launched the beta version of its Jupiter Prediction Market. Kalshi will provide liquidity for Jupiter’s new offering, which allows users to bet on the outcome of events. Why Jupiter entered the prediction markets race Kash Dhanda, chief operating officer at Jupiter Exchange, told Cointelegraph that Jupiter’s goal is to give users a wide variety of offerings under…

FCA Sues Justin Sun-Linked Crypto Exchange HTX for Unlawful Promotions

The UK’s financial watchdog has sued crypto exchange HTX, alleging it unlawfully promoted digital asset services to British consumers. The move marks the latest step in the Financial Conduct Authority’s effort to bring global crypto operators under tighter oversight as the UK refines its digital asset rules. Digital assets meet tradfi in London at the fmls25 Regulator Moves to Enforce Crypto Advertising Rules The FCA confirmed it had filed civil proceedings in London’s High Court against HTX, formerly known as Huobi, for violating Britain’s financial promotions regime, Bloomberg reported. The…

Report: Kraken Revenue Doubles as Exchange Eyes 2026 US IPO

Kraken’s quarterly revenue more than doubled as the crypto exchange accelerates plans for a U.S. public listing in 2026. Bloomberg reported on Wednesday that Kraken disclosed a 114% year-over-year jump in third-quarter revenue to $648 million, with adjusted earnings hitting $178.6 million, marking a strong turnaround from a slight loss a year earlier. The report […] Source

Little-Known Altcoin Rallies As Crypto Exchange Coinbase Announces Trading Support

A small cap payments altcoin is rallying after receiving support from Coinbase, the top US-based crypto exchange. Coinbase says it is enabling trading of the crypto asset Keeta (KTA). Keeta is a layer-1 blockchain project that aims to unify payment networks by enabling secure cross-chain transactions for real-world assets (RWAs). Last month, Coinbase added Keeta to its listing roadmap, indicating the potential to list the coin for trading in the future. Coinbase established the listing roadmap in 2022 to increase transparency, and reduce the risks of front-running and insider trading.…

Asian Exchanges Block Crypto Treasury Company Listings

Stock exchanges in India, Hong Kong, and Australia have reportedly begun blocking or restricting companies from becoming digital asset treasury vehicles.   Hong Kong Exchanges & Clearing Ltd. has rejected at least five companies seeking to become DATs, citing rules against “cash companies” that hold primarily liquid assets, according to a Bloomberg report on Wednesday, citing anonymous sources. The Bombay Stock Exchange rejected a listing application last month from a company after it announced plans to invest proceeds in crypto. Meanwhile, Australia’s ASX bars companies from holding more than half of…

XRP Whales Confident in a Price Rally to $3 as Exchange Balances Dwindle

Key takeaways: The number of XRP whale addresses hits 317,500 record highs, indicating accumulation. XRP price must break the $2.59 resistance first for a chance to regain $3. XRP (XRP) bounced from Friday’s lows of $2.18, rising as much as 13% to an intraday high of $2.48 on Monday. A strong technical setup and whale activity showed that the XRP/USD pair was primed for a trend reversal toward $3 in the coming days. What’s behind XRP’s rebound? XRP whales remain confident about the prospects of a further rally, using the…

Germany Wants CFD-Like Restrictions for Turbos, Kraken Buys Small Exchange from IG for $100M

Germany to require CFD-style warnings for turbos Among a set of headlines shaping the market this week, Germany’s financial regulator, BaFin, will introduce new restrictions on turbo certificates starting next year. The rules come after data showed that 543,000 retail investors traded turbos between January 2019 and December 2023, with 74.2% of them incurring losses. Join IG, CMC, and Robinhood at London’s leading trading industry event! Under the new framework, all platforms offering turbo certificates to German retail investors, including third-party sites advertising these products, must prominently display a standard…