Bitcoin Layer 2 network Liquid Network has reported a security incident in which purported white-hat hackers withdrew approximately 4,000 BTC, worth $320 million, from the Liquid Federation wallet. Blockstream is attempting to contact the parties involved through a signed on-chain message. Network Bug Must Be Fixed First In an update, Liquid said the funds were […]
Following last Friday’s strong US jobs report and the subsequent odd increase in expectations for an upcoming Fed rate hike, risk-on assets are entering the final week before the crucial FOMC meeting scheduled for September 15-16. In the coming days, inflation data is likely to determine whether BTC continues its recovery or faces another major […]
El Salvador has significantly reduced public participation in its Chivo e-wallet as part of changes to the government’s involvement in Bitcoin, according to the International Monetary Fund. The IMF said efforts are also underway to improve transparency around the country’s BTC holdings across its different wallets. No Public Funds Bought Bitcoin Majority ownership and operational […]
Crypto holders relied more on loans backed by digital assets as market conditions weakened in 2026, according to research from CryptoQuant. The report analyzed data from crypto lender CoinRabbit. It found higher borrowing activity among both retail and high-net-worth users. Borrowing Activity Rises Crypto-backed loans allow holders to access cash without immediately selling their digital […]
Given the nature of its blockchain, bitcoin was long considered to move around within a broader four-year cycle prompted by the halving, which takes place in general every four years. However, the pattern has been rejected in the past year or so, and popular on-chain analyst Willy Woo took the same approach in his latest […]
The correlation between the leading cryptocurrency and the largest financial asset, gold, has climbed to its highest level since the 2020 pandemic, while its relationship with the Nasdaq has weakened significantly. The shift comes as concerns about debt, deficits, and currency debasement return to the spotlight after the latest developments in the US. Closer to […]
The monetary landscape in the United States changed in the past week or so, first after the hawkish stance taken by the current Federal Reserve Chairman, Kevin Warsh, and then following last Friday’s strong US jobs report. As such, the expectations have changed, with investors and experts pricing in a potential rate hike for the […]
A Bank for International Settlements (BIS) working paper tests the XRP Ledger (XRPL) as a proof-of-concept for verifying official statistics on-chain, recording cryptographic fingerprints of public datasets that publish in three to five seconds and verify in one to two. The Working Paper No 1374 essentially asks how statistical agencies can give users an independent […]
The largest meme coin by market cap has soared on Saturday evening to $0.094, hitting a two-week high. The move is rather unexpected given the typically calm nature of the weekends. However, there were certain signs about a potential rally, even though DOGE has slipped from its local high to $0.09 as of press time. […]
Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country. The offering runs through Standard Chartered DIFC, the bank’s arm in the Dubai International Financial Center (DIFC), […]