The United States has added four crypto wallets linked to the Central Bank of Iran to its sanctions list after the breakdown of a ceasefire agreement between the two countries and the resumption of air and drone strikes. The four Tron-blockchain wallets received over $165 million in stablecoins, according to Chainalysis. Tether blocked $131 million […]
– Kriti Bansal, vice president finance and accounting, AlphaPoint Ask an expert Q. Can advisors work with AI to ensure clients are protected from fraud? A. Yes, but AI should support advisors and not act as an autonomous decision maker. It can flag unusual wallet behavior, suspicious contracts, phishing schemes, and risky approvals before damage
Strengthening defenses against AI fraud Read More »
T. Rowe Price has brought to market what it says is the industry’s first actively managed multi-token spot crypto exchange-traded fund (ETF). The T. Rowe Price Active Crypto ETF (TKNZ) began trading on Thursday, giving investors exposure to a portfolio of crypto assets rather than a single token. The launch marks a milestone for the
Crypto.com has secured a $400 million strategic investment from market maker Citadel Securities in a deal valuing the crypto exchange at $20 billion, marking the company’s first institutional funding round since its founding a decade ago, the company announced in a press release Thursday. The funding comes as digital assets attract greater participation from traditional
Visa has introduced a new platform aimed at making it easier for banks, fintechs and crypto companies to build products using stablecoins, expanding its presence into blockchain-based payments as competition in the sector intensifies. The company announced Thursday the launch of the Visa Stablecoin Platform (VSP), an enterprise service that allows institutions to issue, store,
If Stripe owns PayPal, Bridge becomes the shared infrastructure layer under PYUSD, OpenUSD and Tempo. This is infrastructure consolidation, not token competition, and it’s a much bigger deal than the acquisition’s title suggests. » This type of infrastructure could allow Stripe to introduce lower settlement fees and checkout incentives for PYUSD, while Tempo could gradually
When Mary-Dell Chilton, then known as Mary-Dell Matchett, enrolled at the University of Illinois in the 1950s, women were discouraged from pursuing careers in science. That didn’t stop her from considering majoring in physics, but falling asleep during boring freshman classes did. She also considered astronomy, but a professor told her she wouldn’t be able
Mary-Dell Chilton dies at 87; Helped create the first genetically modified plant Read More »
Keyrock, a digital asset services company, has acquired the trading and brokerage assets of BlockFills’ institutional digital assets business, strengthening its penetration into institutional crypto markets, the company announced in a press release on Thursday. The completed transaction adds BlockFills’ client relationships, trading technology and derivatives expertise to Brussels-based Keyrock’s existing businesses spanning market making,
Keyrock Acquires BlockFills Business Assets Amid Institutional Crypto Expansion Read More »
As a former financial regulator, I understand that no law can prevent every market failure or stop every bad actor. Fraud exists in all markets, at all scales, but strict rules can mitigate the worst consequences. They give visibility to regulators, set obligations on companies before consumers are interested in their products, and require companies
The Clarity Act is the most significant consumer protection effort in years Read More »
Crypto brokerage infrastructure firm Alpaca has raised $135 million to expand the rails used by exchanges and tokenization platforms to offer U.S. stocks on-chain. Peak The raise follows a $150 million Series D round in January that valued the company at $1.15 billion. Debt financing, primarily from Kraken parent Payward and BMO, brought the total
Crypto Brokerage Alpaca Raises $135M for Tokenized Equity Infrastructure Read More »
