Global

The Virtual Asset Regulatory Authority (VARA) of Dubai has issued a new directive requiring all marketing materials for digital assets to include a clear disclaimer warning about the potential for loss of value and high volatility.

Tether (USDT) is making significant strides in the stablecoin market during the current cycle, solidifying its status as the leading stablecoin.

Avalanche, a leading blockchain platform, has announced the launch of Retro9000, a new retroactive grant program worth $40 million. This initiative comes shortly after the release of Avalanche9000, the largest update to the Avalanche ecosystem, aimed at empowering developers to build decentralized applications (dApps) on a fast and cost-effective network.

Hong Kong is set to align its regulatory framework with global standards for crypto derivatives. The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have announced their intention to adopt the reporting requirements established by the European Securities and Markets Authority (ESMA) for over-the-counter (OTC) crypto derivatives.

On Thursday, spot Bitcoin ETFs recorded impressive daily net inflows of $365.57 million, marking the highest influx since July. Leading this charge were Ark Invest and BlackRock, both of which have played pivotal roles in driving the ongoing rally in the cryptocurrency market, as reported by Sosolvalue data.

Binance Coin (BNB) has experienced a significant surge, gaining nearly 2% in the past 24 hours to reach a high of around $608. This bullish momentum has been driven by a combination of technical factors and anticipation surrounding the imminent release of former CEO and co-founder Changpeng Zhao (CZ) from prison.