Nearly $20 million of XRP was drained from thousands of hardware wallets in six waves spanning nearly a week. Blockchain analysis firm XRPL.to traced 11.75 million XRP leaving 6,678 distinct wallets between Sept. 15 and Sept. 20, including several collection waves after DCENT warned users of unauthorized transfers involving its mobile App Wallet. At XRP’s …
Continue reading “Nearly $20 million in XRP drained from 6,678 wallets across six attack waves”
AI could take your job, Tim Draper warns, but his team is still growing as it adopts the technology. The venture capitalist and outspoken bitcoin bull argues that workers who use AI will gain an advantage, and that new roles will emerge. Why Draper Says His Team Is Growing Workers worried about AI replacing them …
Continue reading “‘AI Will Take Everyone’s Jobs’: Why Bitcoin Bull Tim Draper Is Hiring More”
Bitmex has ended exchange operations, but users can still log in and withdraw their crypto. Balances left on the platform are now subject to account fees for users who completed identity verification, making the withdrawal terms the immediate concern. Bitmex Trading Ends, but Withdrawals Remain Open Users with funds on Bitmex can still access their …
Continue reading “Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees”
Trump-linked investment accounts spent the early summer unloading shares of Strategy (Nasdaq: MSTR), the world’s largest publicly traded corporate holder of bitcoin. Then, with the stock badly beaten down, the accounts turned around and bought it back. On July 24, they reported a Strategy purchase in the $1,001-to-15,000 range, according to ethics filings. Three days …
Continue reading “Trump Accounts Reveal MSTR Buy as Bitcoin Treasury Giant Rebounds”
Solana decentralized exchanges processed about 208 million spot trades in the week ending Sept. 13, surpassing the NYSE’s roughly 190 million transactions for the first time. The milestone does not make Solana larger than Wall Street in economic value, but it shows how quickly onchain trading activity is scaling. Solana Narrows Nasdaq Gap as Weekly …
Continue reading “Solana DEX Trades Top NYSE With 208M Weekly Transactions”
According to the European digital investment platform Bitpanda, the 99-year-old financial institution, Raiffeisen Bank International, is preparing the plumbing that could put crypto trading inside banking apps used by as many as 18 million customers across 11 Central and Eastern European markets. Bitpanda Enterprise will supply the infrastructure, while individual Raiffeisen banks decide what to …
Continue reading “$228B Raiffeisen Bank Opens Crypto Door to 18 Million Customers”
Bitcoin derivatives are flashing a split personality as bitcoin’s price trades around $84,000 on Sept. 23. Futures open interest is climbing back toward $60 billion, while options open interest has jumped above $50 billion. Calls command 60% of options positions, yet puts account for 58.2% of 24-hour options volume. Meanwhile, billions in contracts are staring …
Continue reading “Bitcoin Derivatives Are Heating up, but Traders Want Insurance”
A new report from Blackrock and new findings by the Bitcoin Policy Institute show that bitcoin is losing the agentic payment battle in the medium term at least, but the longer-term war is still undecided. The latest paper from Blackrock on “The Machine-Native Economy” essentially omits bitcoin, assigning it only the role of a savings …
Continue reading “Bitcoin Losing AI Payments Battle per Blackrock, but Not the War”
The crypto executive and Dystopia Labs founder previously held senior roles at Stellar and Solana before joining venture capital firm Hack VC. Hsin-Ju Chuang, a former partner at crypto venture firm Hack VC, has died at age 37, according to the San Bernardino County Sheriff-Coroner. California Highway Patrol officers responded to southbound Interstate 15 south …
Continue reading “Former Hack VC partner Hsin-Ju Chuang found dead at 37”
The case between New Jersey authorities and a prediction market company, if accepted by the Supreme Court, could result in clarity for state and federal officials over sports bets. A group of US state lawmakers has filed an amicus brief with the US Supreme Court, urging justices to weigh in on a case between prediction …
Continue reading “US lawmakers from gaming states urge SCOTUS to take up Kalshi case”
An Alabama company has lost nearly $191,000 after its accounting manager diverted funds through unauthorized payments and personal spending. Andrew W. Volkoff, who managed accounting at the Bessemer-based firm, entered a plea agreement in federal court, reports WBRC. Prosecutors say he issued himself 12 unauthorized payments from the company payroll account and labeled them as …
The survey released by Visa posited that bank-like protections for stablecoins could increase adoption in the US as companies are preparing for the enactment of the GENIUS Act. Visa released the results of a survey signaling that bank-level fraud protection and insurance could drive adoption in stablecoins for cross-border transactions among US users. In a …
Continue reading “US stablecoin adoption could surge with bank-like protections: Visa survey”
The product gives European investors brokerage access to the LIT token as Bitwise expands its lineup of products tied to decentralized derivatives platforms. Bitwise Asset Management has launched an exchange-traded product (ETP) in Europe tracking Lighter, giving traditional investors a way to bet on one of Hyperliquid’s emerging rivals without buying its token directly. On …
Continue reading “Bitwise launches first Lighter ETP amid Hyperliquid rivalry”
Blockchain.com users could gain access to tokenized US stocks and ETFs through NYSE’s planned digital trading platform under a new partnership, as bourses rush to deliver new trading. Blockchain.com and the New York Stock Exchange have signed a memorandum of understanding to give Blockchain.com users access to tokenized US-listed stocks and exchange-traded funds through NYSE’s …
Continue reading “NYSE, Blockchain.com in tie-up to bring tokenized US stocks to crypto users”
More than $1 billion in reported trading makes Coinbase’s stock tokens look active. For a holder looking to sell, the question is how much the market can absorb now, and at what price, particularly outside US equity hours. A Sept. 23 premarket check found indicative buy and sell routes for about $100,000 of each of …
