The International Monetary Fund has approved a disbursement worth SDR 101.96 million ($138 million) for El Salvador after granting the government a waiver for its failure to meet a condition related to Bitcoin accumulation. The IMF Executive Board completed the second and third reviews of El Salvador’s Extended Fund Facility program on October 1. Limits […]
Most retail traders on Polymarket lose money. A Galaxy Research study of 2.9 million human-paced accounts found that more than 69% finished below break-even. The group recorded aggregate losses of $338.9 million. The research used Polymarket’s full on-chain history, covering positions, entry prices, holding periods, as well as payouts. Galaxy excluded 125,429 accounts that averaged […]
During the recently concluded conference in Asia, Ripple highlighted how the XRP Ledger is being prepared for a new wave of institutional and developer adoption, with confidential transfers, transaction batching, and dedicated infrastructure for AI agents among the key upgrades. The company aims to expand the network beyond simple payments and toward more complete institutional […]
The Independent Community Bankers of America has sued the Office of the Comptroller of the Currency over rules allowing crypto-focused firms, such as Circle, Ripple, BitGo, and Paxos, to obtain national trust bank charters. This comes just as a few of those companies secured final approval for their own federally supervised trust bank charters and […]
PeckShield counted 55 major crypto hacks in September, totaling $766.49 million in losses. That is about 462% above August’s $136.3 million, and two incidents account for nearly all of it. Two Breaches Dominate the Month The Bitget incident, at about $387 million, and the Liquid Network theft of about $320 million, of which $285 million […]
Robert Kiyosaki, who has frequently put BTC, ETH, silver, and gold into the same investment bracket, has compared owning some of these assets to carrying insurance against financial trouble. The author of best-sellers such as “Rich Dad, Poor Dad” said preparing for monetary instability is not the same as predicting disaster. Moreover, he used the […]
OG Ethereum investors woke up a few days ago by completing the biggest move of long-dormant coins since early June. However, the actual number of ETH that reached exchanges was negligible, which suggests that this unusual activity may reflect wallet reshuffling rather than holders rushing to cash out as the underlying asset continues to fight […]
The Ethereum Foundation and the Open Anonymity Project have developed zkAPI, a zero-knowledge protocol that lets users pay for AI services and other paid APIs without linking their identity to their requests. Live on Ethereum mainnet, the system separates payment records from the prompts and queries sent to service providers, although it does not hide […]
Milwaukee-based Fiserv announced on October 1 that its digital asset platform is live with financial institutional clients, and Bank of North Dakota’s Roughrider Coin is the first product running on it. The dollar-backed stablecoin settles on Solana and gives more than 90 banks and credit unions in the state a new way to move money […]
It was just several hours ago that the primary cryptocurrency topped $87,000 for the first time in about ten days after the softer-than-expected US jobs report came out. Although that should be considered bullish for risk-on assets, especially when it’s aligned with the positive data from the PCE report earlier this week, the subsequent effects […]