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 […]
Data from CryptoQuant shows that daily XRP outflows from exchange transactions of 1 million tokens or more have spiked above 320 million. What makes this information particularly noteworthy, as mentioned by analyst Xaif Crypto, is that the last jump of that size, which came in August, saw the price of XRP climb more than 42%. […]
EU regulators are reportedly questioning Binance over its use of a legal exemption to keep serving some European customers after the exchange failed to win a MiCA license. Enforcement action is possible if they reject its interpretation of the rule. Regulators Weigh the Reverse Solicitation Exemption The Financial Times, citing people familiar with the matter, […]
Robinhood plans to launch perpetual futures for eligible US customers in the coming months. CEO Vlad Tenev said the company is bringing America “its first true perps” in a post on X, adding that profit and loss will settle every 15 minutes. Eight Crypto Assets, Up to 10x Leverage The company announced the product on […]