PANews reported on November 14 that, according to The Block, DEX Labs CEO Aditya Palepu revealed that DerivaDEX, managed by the DAO, has received a license from the Bermuda Monetary Authority (DMA), marking the first DAO-related license issued by the DMA. DerivaDEX, a decentralized derivatives trading platform focused on institutional users, is expected to launch before the end of the year. The protocol was designed by senior figures from DRW and Consensys and is backed by venture capital firms such as Dragonfly, CMS Holdings, Electric Capital, and Polychain.PANews reported on November 14 that, according to The Block, DEX Labs CEO Aditya Palepu revealed that DerivaDEX, managed by the DAO, has received a license from the Bermuda Monetary Authority (DMA), marking the first DAO-related license issued by the DMA. DerivaDEX, a decentralized derivatives trading platform focused on institutional users, is expected to launch before the end of the year. The protocol was designed by senior figures from DRW and Consensys and is backed by venture capital firms such as Dragonfly, CMS Holdings, Electric Capital, and Polychain.

DerivaDEX, managed by the DAO, has obtained a license from the Bermuda Monetary Authority.

2025/11/14 09:05

PANews reported on November 14 that, according to The Block, DEX Labs CEO Aditya Palepu revealed that DerivaDEX, managed by the DAO, has received a license from the Bermuda Monetary Authority (DMA), marking the first DAO-related license issued by the DMA.

DerivaDEX, a decentralized derivatives trading platform focused on institutional users, is expected to launch before the end of the year. The protocol was designed by senior figures from DRW and Consensys and is backed by venture capital firms such as Dragonfly, CMS Holdings, Electric Capital, and Polychain.

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Fed rate decision September 2025

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Shocking Richard Heart ETH Sale: $16.3 Million Move Raises Market Questions

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BitcoinWorld Shocking Richard Heart ETH Sale: $16.3 Million Move Raises Market Questions In a stunning development that’s shaking the cryptocurrency community, Richard Heart, the controversial founder of HEX, has executed a massive $16.3 million Ethereum transaction. This surprising move comes just weeks after the same address deposited an enormous $611 million worth of ETH into Tornado Cash, raising serious questions about market intentions and portfolio strategy. What Exactly Happened in This Richard Heart ETH Sale? According to detailed reports from AmberCN, an address linked to Richard Heart completed a substantial cryptocurrency transaction approximately seven hours before publication. The wallet withdrew 4,978 ETH from the privacy-focused mixer Tornado Cash and immediately converted it to 16.294 million DAI stablecoins. This Richard Heart ETH sale represents one of the largest individual transactions connected to the HEX founder in recent months. The timing and scale of this Richard Heart ETH sale have captured market attention for several key reasons: The transaction occurred during relatively stable market conditions It follows a massive $611 million ETH deposit into Tornado Cash on July 5 The immediate conversion to stablecoins suggests capital preservation Market watchers are analyzing potential impact on ETH price action Why Does This Richard Heart ETH Sale Matter to Crypto Investors? Large transactions by prominent figures like Richard Heart often signal broader market movements. When someone with Richard Heart’s track record executes a significant Richard Heart ETH sale, it typically indicates one of several strategic decisions. The move could represent profit-taking, portfolio rebalancing, or preparation for new investment opportunities. Moreover, the use of Tornado Cash adds another layer of complexity. 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Market analysts are watching several key factors following this development: Potential follow-up transactions from related addresses ETH price stability in coming trading sessions Regulatory attention to large mixer transactions Community reaction across social media platforms Key Takeaways From the Richard Heart ETH Movement This significant Richard Heart ETH sale teaches us valuable lessons about cryptocurrency market dynamics. First, major players continue to use privacy tools despite regulatory scrutiny. Second, large transactions can occur without immediate market disruption. Finally, the conversion to stablecoins might indicate a cautious approach to current market conditions. The Richard Heart ETH sale also highlights the importance of monitoring whale movements while maintaining perspective about individual transactions. While noteworthy, this single event shouldn’t override broader market analysis or investment strategy. 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