Cointime

Download App
iOS & Android

Crypto Morning Briefing: Kraken Pulling Back From Using Signature Bank

Cointime Official

Top Stories

Kraken Pulling Back From Using Signature Bank: Bloomberg

Crypto exchange Kraken is pulling back from using crypto-focused bank Signature Bank for some significant financial transactions, according to a report from Bloomberg, in the latest move away from a specific bank by a crypto exchange.

Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints

Non-fungible token (NFT) marketplace Magic Eden is launching a series of free mints of Web3 games during March.

The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator

Binance’s non-fungible token (NFT) marketplace users are getting creative with “Bicasso,” a new artificial intelligence (AI) powered NFT generator the company released in beta Wednesday.

Robinhood, Polygon, 0x Labs Simplifies Crypto Trading, ZRX Zooms 20%

Decentralized exchange infrastructure protocol 0x Labs on Wednesday announces the launch of Tx Relay API beta on Polygon and Ethereum. Meanwhile, crypto trading platform Robinhood announces that its Robinhood Wallet now supports both Polygon and Ethereum and is now available to iOS customers globally. Robinhood Wallet is the first to leverage the Tx Relay API by 0x.

Chainlink Targets Web 2.0 Developers With New Platform Launch

Ethereum based blockchain network Chainlink is all set to launch a new platform for developers to build linkage between web 2.0 APIs and web 3.0 applications. Importantly, the new platform will allow making customizable computations on web 2.0 APIs very quickly. It is expected that this addition will go a long way in the adoption of Chainlink, which is focused heavily on the smart contracts space. Very recently, the blockchain’s core team also revealed plans to pivot to the artificial intelligence way, to tap the AI related use cases.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $23,526.28 USD, jumped by 1.52% in the last 24 hours;

ETH’s live price is $1,650.40 USD, jumped by 2.28% in the last 24 hours;

BNB’s live price is $302.43 USD, jumped by 0.30% in the last 24 hours;

XRP's live price is $0.38 USD, jumped by 1.74% in the last 24 hours.

Fundraising News

Redeem Raises $2.5M to Let Users Receive NFTs Via Phone Numbers

Redeem, which provides Web3 technology that allows users to send and redeem non-fungible tokens (NFT) using their phone numbers, has raised $2.5 million in a pre-seed round led by digital asset-focused investment firm Kenetic Capital. The startup will use the funds toward its second-quarter product launch and to continue building out the core technology.

Figment Capital Seeks $50 Million for Second Venture Fund: Source

Figment Capital, a crypto investment firm and a subsidiary of staking infrastructure provider Figment, is launching its second fund.

Impossible Cloud Raises $7 Million To Decentralize Storage

Impossible Cloud, a Germany-based decentralized cloud platform, raised $7 million in seed funding, led by HV Capital and 1kx.

Get the latest news here: Cointime channel — https://t.me/cointime_en

Comments

All Comments

Recommended for you

  • Hedge Fund Net Exposure to US Tech Giants Reaches Record High of 22%

    On October 10, according to data from Goldman Sachs and The Kobeissi Letter, investor sentiment towards large tech stocks has reached an all-time high. Hedge fund net exposure to the 'Big Seven' tech giants in the US has risen to 22%, marking a historic peak; this figure has surged by 7 percentage points since July, representing the largest three-month increase in 2023, and surpassing the previous high of 21% set in June 2024 (compared to only 8% during the bear market low in 2022). During the same period, hedge fund net exposure to semiconductor stocks in the US has increased to 12%, slightly below the peak of 14% in June 2026, while this metric was only 2% at the beginning of 2025.

  • Anthropic Reveals Internal Issues: Out-of-Control AI Attempted to Access Multiple Government Websites, Reported to the White House

    Anthropic stated on Friday that its AI agents acted autonomously, attempting to access various federal, state, and local government websites. The company did not disclose which government agencies were involved but confirmed that it has reported these incidents to the White House. In a blog post, Anthropic mentioned that one of its AI models under testing had taken several unauthorized actions, including exploiting a vulnerability on a university website to download data and submitting a form to a government agency that it had been explicitly instructed not to submit. The company noted that it discovered these incidents after beginning a review of the AI's actions in July. Earlier on Friday, the Philadelphia Police Department stated that Anthropic had notified them that its technology had submitted a false homicide tip to the police website.

  • No Flights Departing or Arriving at Riyadh's King Khalid Airport Following Explosion Sounds

    On October 10, according to CCTV International News, witnesses reported that explosion sounds were heard at Terminal 3 of King Khalid International Airport in Riyadh, the capital of Saudi Arabia, this afternoon, leading to the evacuation of personnel from the airport. Flight tracking website 'FlightRadar24' indicates that there are currently no flights departing or arriving at the airport, and some flights heading to Riyadh have been diverted or returned. King Khalid International Airport has issued a traveler advisory, recommending that passengers contact their airlines to confirm flight status before heading to the airport.

  • BTC Surpasses $83,000

    Market data shows that BTC has surpassed $83,000, currently priced at $83,020.19, with a 24-hour decline of 0.2%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2500.03, with a 24-hour increase of 0.33%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • Houthi Forces Claim Saudi Airstrikes on Sana'a Airport in Yemen

    On October 10, according to information released by the Houthi forces in Yemen, on the afternoon of the same day local time, the Saudi-led coalition conducted airstrikes on Sana'a International Airport, which is under the control of the Houthi forces, dropping four bombs. Additionally, the Saudi coalition also targeted a communication facility in Hajjah Province, controlled by the Houthi forces, dropping three bombs. There has been no response from the Saudi side regarding these incidents. (Jinshi)

  • French Finance Committee Approves Amendments on Stablecoin Exchange Tax and Crypto Exit Tax

    On October 10, Decrypt reported that the Finance Committee of the French National Assembly approved two amendments related to cryptocurrency taxation this week: starting January 1, 2027, exchanges of stablecoins regulated under MiCA will be considered taxable sales; and an exit tax will be imposed on taxpayers who have been French tax residents for at least six of the past ten years and have moved abroad with crypto assets totaling over 800,000 euros. On October 9, the committee voted 31 to 3 to reject the budget revenue portion, and the full National Assembly will review based on the government's original text. The amendments will not be automatically included; supporters must reintroduce them during the debate starting on October 13, with a formal vote scheduled for October 20. The related measures have not yet become law. The stablecoin amendment was proposed by Nicolas Sansu, a member of the left-wing GDR party group, along with 16 co-signers, and does not set a new tax rate but aims to include the revenue under France's existing 31.4% flat tax system. The committee also passed an amendment allowing crypto asset losses to be carried forward for ten years to offset future gains.

  • Luxshare Precision: Company and Luxshare Technology Involved in 337 Investigation, Currently in Initial Filing Stage

    On October 10, Luxshare Precision announced that the company and its holding subsidiary, Dongguan Luxshare Technology Co., Ltd., have been listed as respondents in a 337 investigation by the U.S. International Trade Commission (ITC), involving U.S. Patent US 10,903,700. The ITC officially launched the investigation on October 9, 2026, with investigation number 337-TA-1526. The case is currently in the initial filing stage, and no substantial determination has been made regarding the relevant infringement claims. The products involved are in the customer verification stage and have not yet entered mass production.

  • South Korea's Financial Commission: Shareholding Restrictions for Exchange Major Shareholders Not Targeting Specific Companies

    On October 10, Lee Ik-yeon, chairman of the Financial Services Commission of South Korea, stated that the provisions regarding shareholding restrictions for major shareholders of virtual asset exchanges in the ongoing 'Basic Law on Digital Assets' are not aimed at specific individuals or companies. Instead, they are designed to ensure that exchanges, once institutionalized, bear a higher level of public responsibility. Currently, South Korean virtual asset exchanges operate under a system that requires updates every three years, but this will transition to a licensing system after the implementation of the 'Basic Law on Digital Assets.' Lee emphasized that exchanges have infrastructure attributes and must possess public accountability and responsibility commensurate with their status.

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.