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XRP price briefly loses $1.14 support before buyers cause sharp rebound

XRP briefly fell below a closely watched support level on Sunday before buyers stepped in. The token fell to around $1.12 on one of the session’s heaviest volumes, then rebounded toward $1.15 within hours, leaving traders less focused on the decline itself and more on whether the latest test of support signals a buildup or […]

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Are there exchanges of criminals? A quick overview of this CME lawsuit: State of Crypto

CME argues that criminals harm its products in the long term. The lawsuit alleges that the CFTC failed to consider the ramifications of pers’ approval and that these products are in fact “swaps” as defined by the Dodd-Frank Act, not “futures.” Each term has implications for how the products themselves should be regulated and what

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Ethereum’s Biggest Sandwich Bot Lost $7.5M Thanks to Ironic Exploit

The setup was built over several weeks, during which the attacker deployed dozens of fake token contracts and fake liquidity pools – a term for a bunch of tokens locked on a decentralized exchange – that looked like profitable trades. Some mimic familiar assets such as wrapped ether (WETH) and dollar-pegged stablecoins USDC and USDT.

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AI makes crypto security cheaper, faster and harder to ignore

Urbelis said he believes AI could eventually reshape standards of care around the development of smart contracts. Historically, teams could cite the cost and complexity of audits as a reason for not completing certain reviews. This argument becomes more difficult when sophisticated security analytics are available on demand. “A clean report on AI will not

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A look at how falling Bitcoin prices and changes in capital structure pushed STRC below $83 in just five weeks.

May 26: The company confirmed that it used its cash reserve to finance the bond buyback. The transaction had reduced the fund to $871 million. The buyback reduced this reserve to approximately six months of STRC dividend coverage. The company previously said it intended to maintain approximately 24 months of dividend coverage. STRC was trading

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Schwab to Join Prediction Market Race with S&P 500 Event-Based Options: WSJ

Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that would allow clients to make yes or no bets on the performance of the S&P 500, marking the brokerage’s first move into prediction markets, according to a Wall Street Journal report. The feature is expected to roll out

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GoMining challenges Jack Dorsey’s Square with pure BTC payment rail

Bitcoin BTC$62,413.43 mining company GoMining said it makes it easier for businesses to accept bitcoin BTC$62,413.43 payments, putting it in competition with companies such as Block’s (XYZ) Square. Where GoMining says it differs from incumbents is that the entire transaction is done in Bitcoin. Many competitors, including Square, allow customers to pay in bitcoin while

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Franklin Templeton offers new funds that turn dividends into BTC: Crypto Daily

If approved, the ETFs could begin trading as early as September. While regulatory approval is not guaranteed, the filing signals a growing institutional comfort in marrying traditional stocks and cryptocurrency in regulated packages. These filings follow the recent debut of BlackRock’s Income ETF, which allows institutions to monetize cryptocurrency volatility. The 11 spot Bitcoin ETFs

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Smart contracts and DeFi coins lead to losses as BTC price dips for 4th straight day

The biggest cryptocurrencies remained under pressure for a fourth straight day, with bitcoin falling 2.5% in 24 hours to just below $62,400. It’s not alone. The CoinDesk 20 Index (CD20) fell 3.3%, with Ether (ETH), XRP (XRP) and Solana (SOL) all lower. The CoinDesk Smart Contract Platform Select Capped Index fell 4%, closely followed by

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