Bitcoin treasury company Datavault AI has disclosed that it has been unable to withdraw BTC held by crypto exchange Biconomy since requesting a transfer in June. The revelation saw the company’s shares fall nearly 50% in the latest trading session. Biconomy Withdrawal Failure Sends DVLT Shares Lower According to a Form 8-K that Datavault filed […]
Ripple’s RLUSD has reportedly become the first stablecoin to receive an investment-grade credit rating from Moody’s. The agency assigned RLUSD an A2 long-term rating and a P-1 short-term rating. P-1 is the highest possible short-term grade under Moody’s stablecoin framework. Jack McDonald, SVP of Stablecoins at Ripple, announced the development in a post on X. […]
Some customer personal data at South Korea’s second-largest crypto exchange, Bithumb, was reportedly leaked on October 28 after an external unauthorized party accessed one of its internal workplace tools. This is the latest in a string of similar incidents that have cut across crypto companies and traditional financial firms. What Bithumb and Korean Regulators Have […]
South Korea is likely to postpone its crypto income tax for a fourth time, as Newsis reported on October 26, after an official from the presidential office, also known as the Blue House, confirmed that a delay is under discussion. January 2029, when the United States is due to join the OECD’s crypto information-sharing network, […]
XRP whales have held the largest share of the token’s supply since November 2022. Wallets holding at least 10 million XRP now control 46.87 billion tokens, or around 68.5% of the total supply. The increase comes as the price struggles near $1.3. According to Santiment, this shows that large holders continue to accumulate despite the […]
Bitget is now bringing USD and EUR virtual accounts to over 100 million users, converting incoming bank transfers into stablecoins. Each new account comes with a personal USD or EUR account number, according to a press release shared with CryptoPotato. This means deposits can arrive through ACH, Fedwire, SEPA, or SWIFT and convert automatically to […]
Ethereum co-founder Vitalik Buterin said in a post on X on Monday that he is comfortable with the AI model Kimi 3.1 deliberately leaving top-end offensive cyber capabilities out of its training data. In his view, the trade-off is worth making because it gives defenders more time to prepare. Restricting Use Cases, Not Users “Discriminating […]
ZEC has been one of the best-performing assets this year. The privacy-centric coin briefly neared $1,700 in September before suffering a pullback, which has prompted market commentators to speculate about the risk of a deeper price correction. CryptoPatel, for one, believes the token may have formed a major top, and the “party might be over.” […]
Evernorth Holdings has filed to raise up to $80.7 million through a committed equity facility with Cantor Fitzgerald. The move could provide fresh capital for the company’s XRP treasury strategy. Fresh Funding to Expand XRP Treasury Under the agreement, Evernorth can sell up to 5,218,935 shares of its Class A common stock to CF Principal […]
Bitcoin may be forming a local bottom around $80,000, as the $79,000 to $81,000 range emerges as a major accumulation zone. According to a popular crypto analyst, current market conditions suggest that the world’s largest crypto asset could recover from its recent correction and move toward $94,000. Retail Traders Turn Increasingly Bearish In his latest […]