Bitcoin neared $63,000 on Saturday after the United States and Israel launched military strikes against Iran, sending the largest cryptocurrency down about 3% in a matter of hours and extending what had already been a rough weekend for risk assets.The move takes Bitcoin to its lowest level since the February 5 crash, when the token […]
Bitcoin Falls to $63,000 as US, Israel Launch Strikes on Iran Read More »
An autonomous AI security tool detected a bug in the XRP Ledger that, if left undetected, could have allowed an attacker to steal funds from any account on the network without ever touching the victim’s private keys. The vulnerability, revealed Thursday by XRPL Labs, resided in the signature validation logic of the Batch Amendment, a
AI tool detects bug that could have drained Ripple-linked token from wallets Read More »
Bitcoin’s attempt to reclaim $70,000 earlier in the week lasted about 48 hours. The largest cryptocurrency slipped to $65,735 in early Asian hours on Saturday, down 3% over the past day and 2.8% over the week. Wednesday’s rally, which edged closer to $70,000, has now given up more than half of its gains as overall
BTC slides to $65,000, Solana, XRP and dogecoin down 6% Read More »
Democrats in the US Senate continue to go after Binance, calling on the Treasury and Justice departments to investigate sanctions compliance and illicit financing protections following reports of potential terrorism financing. Nine senators, including a few who were instrumental in negotiating legislation on the crypto industry known as the Digital Asset Market Clarity Act, sent
Why it’s important: Ryan VanGrack, Coinbase’s vice president of legal affairs and global head of litigation, sharpens Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives. Coinbase filed lawsuits in Connecticut, Illinois, Michigan and Nevada after launching prediction markets in partnership with Kalshi. Some of these states have issued
Coinbase General Counsel Says States ‘Lightning Up’ Prediction Markets Read More »
Citigroup (C) plans to launch institutional custody of bitcoin later this year, as part of a broader initiative to integrate digital assets into the bank’s traditional financial infrastructure. Nisha Surendran, who leads development of Citi’s digital asset custody products, described the initiative in a speech at the Global Strategy Forum on Thursday as an effort
Citi wants to make bitcoin bankable as Wall Street builds native crypto infrastructure Read More »
Multinational bank Barclays (BARC) is exploring the creation of a blockchain platform for payments and other processes, Bloomberg reported on Friday. The London-based financial services giant is consulting with potential technology providers on developing such a platform that would allow it to compete with JPMorgan (JPM) and others in the use of decentralized technologies for
Barclays explores blockchain platform for payments: Bloomberg Read More »
Bitcoin BTC$65,416.50 fell back below $66,000 on Friday at the start of the US session, as growing macroeconomic risks deter investors from turning to risky assets. The largest cryptocurrency has now erased most of Wednesday’s rise, plunging 3% from around $68,000 in the past few hours to $65,600 in the morning. The CoinDesk 20 global
BTC returns below $65,500, MSTR, COIN and CRCL fall amid macroeconomic risks Read More »
Ethereum co-founder Vitalik Buterin has published a new blog post on The post reflects Buterin’s renewed focus on scaling Ethereum’s base layer, following several years in which much of the ecosystem’s scaling strategy was focused on layer 2 rollups. This plan follows the Ethereum Foundation’s release of a “straw map” aimed at making the network
Vitalik Buterin reveals his bold new plan to solve the network scaling problem Read More »
The UK Gambling Commission is considering allowing crypto payments for licensed betting operators, as part of a wider push for regulations to help tackle illegal markets and foster innovation. Executive director Tim Miller said the regulator wanted to examine a “potential way forward” for crypto payments in the UK, at the Betting and Gaming Council’s
UK Gambling Commission considers allowing crypto payments for licensed betting operators Read More »
