کرپٹو گائیڈز، معلومات اور تجزیے

VanEck flags Metaplanet as 'Bad' - Calls its executive pay a 'shareholder trap'

VanEck, a global investment management firm, examined executive compensation across the 10 largest Digital Asset Treasury companies (DATs) and marked Metaplanet as “Bad” on executive compensation practices.　　According to VanEck‘s report, Metaplanet’s executive compensation adds to shareholder dilution. Hence, its 14.7% option pool represents potential dilution on a fully diluted basis. This happens along with the firms officer exposure reaching 8.2% and its largest individual officer position sitting at 3.8%.　　By comparison, Strategy, BitMine, Hyperliquid Strategies, Sharplink, Tron, and Bit Digital were given the “Good” band. This was because of fixed pools, shareholder approval required for increases, and officer exposure of 1% or less.　　For context, Strategy has a fixed 8.35 million-share pool, which is about 2% of fully diluted shares, with executive exposure of 0.5%. On the other hand, BitMines pool is 3.2%, with officer exposure around 1%.　　Whereas Twenty One Capital, Strive, and Forward Industries were placed in the “Acceptable” category due to weaker safeguards.　　Why did Metaplanet lose the DAT game？　　Speaking of Metaplanet, aka Japans MicroStrategy, its structure originated when Metaplanet was a struggling hotel operator and was designed to protect executive compensation from dilution.　　After its shift to a Bitcoin [BTC] treasury strategy, the mechanism remained, allowing the executive option pool to

09-20انڈسٹری

A Factory-Sealed NES Set From 1986 Just Sold for $120,000. Here's Why Old Games Are the New Gold

Key TakeawaysNintendos sealed 1986 NES Deluxe Set fetched a record $120,000 at Heritage Auctions.Heritages $1.8M auction showed sealed gaming collectibles can command six-figure prices.Athlon Sports sees the retro gaming market hitting $4.18B in 2026, with 10% growth ahead.　　The plastic wrap on a never-opened 1986 Nintendo Entertainment System Deluxe Set proved more valuable than the console inside when it sold for $120,000 at Heritage Auctions on November 3-4, 2023. Graded VGA 85 NM+ and packed with two controllers, R.O.B. (Robotic Operating Buddy), the Zapper light gun, and boxed copies of Gyromite and Duck Hunt, it set the auction record for a commercially released video game console. Heritages Valarie Spiegel called the sale “This event was a walk through video game history,” and the numbers since have made clear why collectors showed up ready to pay like investors. Athlon Sports now pegs the global retro gaming collectibles market at $4.18 billion in 2026, with millennials and a growing wave of Gen Z buyers chasing sealed, graded rarity.　　Three years can feel like a lifetime in tech, but in collectibles it can turn a single sale into a benchmark. One such benchmark came out of Dallas, and it keeps getting cited as the retro

09-20انڈسٹری

WikiBit Exchange Exit-Risk Rankings — Episode 31: CoinW: NT$2.3 Billion in Fraud-Related Money Laundering, $525,000 Account Freeze, Blocked in South Korea and Turkey

Introduction: An Exchange That Keeps Winning Awards — While Facing Serious Legal and Regulatory Action　　For the first 30 episodes, we dug into a series of exchanges ranging from HashKey to Deepcoin. Today, in Episode 31, were taking on one of the most “split-personality” exchanges of them all — CoinW.　　Its résumé under the “marketing” section is almost fully maxed out: “Founded in 2017,” “serving more than 20 million users,” “daily trading volume exceeding $5 billion,” “a team of more than 1,000 people from 30 countries,” “global ambassador Luka Modrić,” “Europes Most Trusted Crypto Exchange” at the 2026 Next Block Expo, “1,000+ cryptocurrencies, 200x leverage,” and “ISO 27001 certification.”　　Sounds like the perfect profile of a top-tier exchange, doesnt it？　　But on the other side of the story: in July 2026, a Taiwanese court sentenced Shi Qiren, CoinW‘s Taiwan regional head, to 22 years in prison at first instance, finding that CoinW had colluded with a fraud syndicate and used more than 40 franchise stores to launder over NT$2.3 billion, involving more than NT$1.25 billion in fraudulent proceeds and 1,529 victims. Turkey’s Capital Markets Board (SPK) imposed an access ban on CoinW. South Koreas Financial Intelligence Unit (FIU) identified CoinW as a key enforcement

09-20گہرا غوطہ

Ourbit Review 2026: Zero Fees, Reserves and Trading Risks

Ourbit has positioned itself at the aggressive end of the centralized-exchange market: zero-fee spot trading, rapid token listings, meme-coin markets, high-leverage futures and an expanding range of tokenized stocks and other traditional-market products.　　The most unusual part is the spot fee.　　Ourbit currently charges 0% maker and 0% taker across its standard spot markets, with no VIP threshold or platform-token requirement. The exchange describes this as its standing fee structure rather than a short-term rebate campaign.　　That makes the headline cost genuinely competitive.　　But it also makes execution quality more important. On a thin meme coin, a trader can save the entire trading commission and still lose several percentage points to spread and slippage. Futures introduce a different cost structure again, while withdrawal fees depend on the network.　　Ourbit also provides a proof-of-reserves system covering BTC, ETH, USDT and USDC, with user-level open-source verification. The scope is narrower than the phrase “all assets backed 1:1” may initially suggest: its published PoR includes wallet, spot and futures balances but explicitly excludes assets locked in financial products.　　For users evaluating Ourbit in 2026, the most useful questions are therefore not whether spot trading is really free. It is.　　The more important questions are how deep the market is, which

09-20انڈسٹری ریسرچ

Pionex Review 2026: Trading Bots, Fees and Regulatory Risks

Pionex is built around a different proposition from most centralized crypto exchanges: trading automation is part of the exchange itself.　　Its Grid Bot, DCA Bot, Rebalancing Bot and futures strategies can run directly inside a Pionex account without requiring users to rent a server, connect a third-party API platform or keep their own software online.　　That convenience is real. So is the risk of misunderstanding what the bots actually do.　　A grid bot does not predict where Bitcoin will trade next. A DCA bot does not know when a falling token has reached the bottom. A rebalancing bot does not know which asset will outperform. They are execution systems that repeatedly apply rules selected by the user.　　Pionexs standard global spot fee remains unusually low at 0.05% per executed trade, while standard futures pricing is currently 0.02% maker and 0.05% taker. The exchange also continues to state that customer assets are backed above 100% and uses Merkle-tree verification as part of its reserve system.　　The more difficult part of the review is regulatory access. Frances financial regulator added Pionex.com to its crypto blacklist in April 2025 for offering services without authorization, and the warning remains published by the AMF. Meanwhile, the separate U.S. platform formerly

09-20انڈسٹری ریسرچ

Toobit Review 2026: Zero Spot Fees, Reserves and Risks

Toobits biggest selling point in 2026 is easy to understand: selected spot markets can be traded without maker or taker commissions.　　The detail is more complicated.　　The exchanges June 2026 fee table shows 0% maker and 0% taker across standard spot VIP tiers, but the accompanying zero-fee campaign has specific conditions. It applies to selected spot pairs, excludes Assessment Zone markets and does not automatically extend to API trading. The current campaign is scheduled to run through December 26, 2026.　　That distinction matters because Toobit is particularly active in smaller and newer crypto markets. Some of the assets that require the most liquidity and risk checking sit outside the ordinary zero-fee structure.　　The other major change in 2026 is transparency. Toobit now publishes monthly proof-of-reserves reports with Merkle-tree verification. Its September 1 snapshot reported reserve ratios above 100% for BTC, ETH, USDT and USDC. Users can also check whether their own eligible balances were included in the corresponding reserve tree.　　These are useful developments, but neither zero trading commissions nor a proof-of-reserves ratio answers every question about an exchange.　　For Toobit, the issues worth separating are trading cost, market quality, reserve evidence and legal protection.Zero spot fees are real, but they have boundaries　　Toobits June 26 fee

09-20انڈسٹری ریسرچ

The New Altcoin Set To Outperform Shiba Inu And Dogecoin

Shiba Inu and Dogecoin are back on watchlists this month. SHIB just passed 1.8 million addresses across Ethereum and Shibarium (U.Today, September 12), and DOGE still holds a $15 billion market cap after a rough week.　　The investors who made money on those two the first time know the math, though. Shiba Inu carries a $3.08 billion market cap and Dogecoin $13.12 billion, so a 10x from here needs tens of billions in fresh buying. The bigger returns now belong to whatever is sitting where SHIB sat in early 2021.　　That is why Pepeto keeps coming up. Its presale has raised more than $11 million, and unlike most meme coins at this stage, its exchange, bridge and scanner are already live.　　Shiba Inu (SHIB): whales reposition　　Shiba Inu trades at $0.000005235 as of September 14, 2026, down 0.92% over 24 hours, market cap $3.08 billion (CoinMarketCap). SHIB fell four straight days last week before bouncing off $0.000005 on Friday as the wider market recovered.　　On September 11, 125 billion SHIB left BitGo and 361 billion SHIB landed in a single $23.5 million whale wallet, and by September 13 the wallet count on Etherscan was closing in on 1.7 million (CoinGabbar).　　The history is the point. SHIB

09-20انڈسٹری

Gemini Review 2026: Fees, Earn Fallout and Safety

Gemini has spent much of its history positioning regulation and custody controls as reasons to choose the exchange. That case is still relevant in 2026, but it now comes with two important qualifications.　　The first is cost. Geminis ActiveTrader pricing is expensive for low-volume users: the base spot tier charges 0.60% for maker orders and 1.20% for taker orders. A trader needs meaningful volume or a qualifying asset balance before those rates fall substantially.　　The second is Gemini Earn.　　Earn was not a wallet hack. Customers voluntarily entered a yield product in which their crypto was lent to Genesis Global Capital. When Genesis suspended withdrawals in November 2022 and later entered bankruptcy, Gemini Earn users lost access to their assets for roughly 18 months.　　The eventual outcome was unusually strong. By June 2024, users had received 100% of the digital assets owed to them in kind. But the recovery does not erase the underlying failure: New York regulators found that Gemini had not adequately assessed and monitored Genesis before exposing customers to it.　　That distinction is central to evaluating Gemini today.　　A regulated exchange can have strong custody controls while offering a separate product with very different counterparty risk.Geminis U.S. structure is more complicated than it

09-20انڈسٹری ریسرچ

Binance.US Review 2026: USD Access, Fees and State Limits

Binance.US looks much more functional in 2026 than it did during the most difficult period of its regulatory dispute.　　U.S. dollar deposits and withdrawals are back for most supported customers, the SECs civil case has ended, and the exchange has cut Advanced Spot trading fees to unusually low levels. It also continues to offer staking and a substantial selection of cryptocurrencies.　　But Binance.US is still not a nationwide version of Binance.com.　　It is operated by BAM Trading Services Inc., has its own custody arrangements, banking relationships, order books and product catalog, and remains subject to state-by-state restrictions. A resident of one state may have full USD functionality, while a user in another may have crypto-only access or be unable to open an account at all.　　That geographic fragmentation is one of the most important things to understand before using Binance.US.　　The other is cost. Its Advanced Spot fee schedule became considerably more competitive in April 2026, but Buy, Sell and Convert use spread-based pricing instead of the same maker/taker structure, while staking can give up a significant portion of protocol rewards to service fees.　　For a U.S. user, Binance.US therefore needs to be evaluated on three separate questions: Is the service fully available in my state？

09-20انڈسٹری ریسرچ

bitFlyer Review 2026: Japan, US and EU Fees and Safety

bitFlyer is one of the few crypto exchange brands with established regulated operations in Japan, the United States and the European Union.　　That international footprint does not create one global bitFlyer account. Japanese customers use bitFlyer, Inc.; U.S. customers use bitFlyer USA, Inc.; European customers use bitFlyer EUROPE S.A. Each entity has its own regulator, available products, fiat rails and fee schedule.　　That distinction became even more important in 2026. On June 26, bitFlyer EUROPE received authorization in Luxembourg as a Crypto-Asset Service Provider under MiCA, replacing the older European VASP framework for its crypto services.　　bitFlyer also differs from many offshore exchanges in another way: it has generally focused on regulated fiat access and a more selective asset list rather than rapid token expansion. In Japan, its core trading infrastructure includes BTC/JPY and other yen markets, while its Lightning interface provides an order book and more advanced order types.　　The result is an exchange where the important comparison is not simply “What does bitFlyer charge？” It is which bitFlyer entity you are using, which interface you trade through and what the full cost is in that region.bitFlyer has three distinct regulatory structures　　The bitFlyer name spans three major regulatory markets, but the legal relationship

09-20انڈسٹری ریسرچ

...

145147

...

1000