Author: Digicoinvision

Pavel Durov, co-founder of the messaging application Telegram, has disclosed a new decentralized AI network to be built atop The Open Network (TON), an independent layer-1 blockchain associated with Telegram.Durov took the stage at the Blockchain Life 2025 forum in Abu Dhabi, United Arab Emirates, to announce the Confidential Compute Open Network, or Cocoon, created to give users access to AI-driven features without sacrificing data privacy to centralized AI providers.According to Durov, users can make the processing power from their graphics processing units (GPUs) available to the network, in exchange for receiving Toncoin (TON), the native token of TON. Durov…

US-traded spot Ethereum exchange-traded funds (ETFs) recorded persistent outflows during late September and mid-October, periods that coincided with relative weakness in the ETH/BTC ratio.Yet, non-US inflows and continued staking growth blunted the price impact, suggesting the headwind is episodic rather than structural.The question of whether ETF redemptions drive Ether’s underperformance against Bitcoin requires parsing flow data alongside derivatives positioning, staking supply sinks, and regional divergences. ETF creations and redemptions reflect authorized-participant activity rather than direct buying or selling, and their relationship to price is conditional on broader market structure, such as funding rates, basis spreads, and competing yield opportunities. The evidence shows…

Join Our Telegram channel to stay up to date on breaking news coverage Prediction market Kalshi has filed a federal lawsuit against the New York State Gaming Commission after the regulator ordered it to stop offering contracts tied to sports outcomes. In a complaint filed in a Manhattan federal court, Kalshi said the state regulator had no authority over its operations because it is a registered exchange with the US Commodity Futures Trading Commission (CFTC). The firm argued that its event contracts, including those linked to sports results, are federally regulated derivatives rather than wagers. The lawsuit followed a cease-and-desist…

Crypto exchange Binance is partnering with blockchain data platform Bubblemaps to give users of its non-custodial Web3 Wallet more insight into potential insider trading and token manipulation.The integration will allow millions of Binance Web3 Wallet users to utilize Bubblemaps’ blockchain data visualization tool to view token distribution and onchain wallet clusters, aiming to add “layers of transparency” to the Binance experience, according to a Wednesday announcement shared with Cointelegraph.Binance aims to help traders identify insider trading activity or other coordinated market behavior by analyzing a token’s distribution pattern.“As more traders and activity move onchain, the need for accessible, transparent blockchain…

Join Our Telegram channel to stay up to date on breaking news coverage Bitwise is preparing to debut its spot Solana Staking ETF (exchange-traded fund) on the New York Stock Exchange (NYSE) today with Canary Capital set to list Litecoin and Hedera funds. The Bitwise SOL ETF, trading under the ticker BSOL, will be the first US product offering 100% direct exposure to staked SOL, the fund manager said in a post on X. It added that it will temporarily waive fees and target staking rewards of around 7%. “Solana is headed into the mainstream—and we think it’s just getting…

BitMine is strengthening its position as the world’s largest corporate Ethereum treasury holder as market volatility continues. Summary BitMine has added 27,316 ETH worth $113 million to its treasury, lifting its total Ethereum holdings to 3.31 million ETH valued at over $13.3 billion. Chairman Tom Lee links BitMine’s aggressive buying strategy to improving global macro conditions, including progress in U.S.–China trade talks and stronger equity markets. Ethereum is holding above the $4,000 support zone after rebounding from a brief pullback, with bulls now targeting the $4,250 resistance for the next breakout. BitMine Immersion Tech recently acquired 27,316 ETH worth $113…

Avalanche is gaining ground as a preferred blockchain for governments and institutional investors, even as its native token continues to lag far below its all-time high.During the past quarter, Wyoming’s Stable Token Commission issued the first government-backed stablecoin, the Frontier Stable Token (FRNT), on Avalanche and six other public blockchains, signaling a growing adoption of blockchain networks by governments. FRNT launched as a fully collateralized stablecoin backed by US dollars and short-duration US Treasury bills with a mandated 102% reserve requirement, Cointelegraph reported in August.Avalanche has also attracted traditional finance players. SkyBridge Capital, the investment firm led by Anthony Scaramucci, pledged…

Join Our Telegram channel to stay up to date on breaking news coverage Pudgy Penguins, the digital asset company behind the globally acknowledged non-fungible token collection, Pudgy Penguins, has partnered with DreamWorks Animation, the team behind KungFu Panda, to launch a non-fungible token sticker collection on Telegram. In response to this integration, the Pudgy Penguins NFT collection has seen its trading sales volume jump by +130% in the past 24 hours. Penguins & Kungfu Panda NFT Stickers Overview In an October 27 blog post, DreamWorks Animation confirmed that they have partnered with the Pudgy Penguins team to launch a non-fungible…

Ethereum price defends the $3,900 local support within an ascending triangle pattern, with a potential breakout target near the $4,800–$4,900 zone if resistance around $4,300 is breached. Summary Ethereum spot ETFs saw about $246 million in net inflows on October 28, reflecting renewed institutional interest ahead of the FOMC meeting. BitMine Immersion Technologies expanded its holdings to 3.31 million ETH, worth over $13.3 billion, now owning roughly 2.8% of Ethereum’s circulating supply. Ethereum price holds the $3,900 support as bulls defend the ascending trendline from the October 10 intraday low, marking the lower boundary of an ascending triangle pattern, with…

South Korean crypto custodian BDACS plans to issue a won-backed stablecoin, “KRW1,” on Circle’s newly launched blockchain Arc.The Busan-based company signed a memorandum of understanding (MOU) with Circle to develop and deploy KRW1 on Arc, establishing what it called an “organic cooperative framework,” according to a Wednesday report by the Yonhap News Agency. “This collaboration is a meaningful step forward for Korea’s innovation to reach the global stage,” said Ryu Hong-yeol, CEO of BDACS. “By deploying KRW1 on Circle’s Arc, we are opening a gateway for Korean companies to participate in the global stablecoin network,” he added. BDACS had registered…