TL;DR Strategy bought 950 BTC during the week ending September 20 for $75.7 million. The purchases were made at an average price of $79,670 per Bitcoin. Strategy now reports 846,000 BTC acquired for an aggregate $63.80 billion. Strategy has added another 950 Bitcoin to its balance sheet, extending the corporate treasury strategy that continues to …
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The investigation is examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe.
Ethereum’s institutional data hub showed about $120 billion in staked ETH and $40.4 billion in daily average total value locked on layer-2 (L2) networks in a Sept. 21 snapshot. They measure different things: ETH committed to network security and assets held across L2 networks, so adding them together would not measure fresh ETH demand. Meanwhile, …
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The Eurosystem launched Pontes on Monday, giving banks a live route to settle tokenized assets in central-bank money. The European Central Bank (ECB) simultaneously began preparations to invest a small portion of its own funds in tokenized securities, with those purchases set to settle through Pontes. The move puts the ECB on both sides of …
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Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine’s former speed after it cuts hashrate. The miner can keep hashing and consuming electricity while accepted shares become vanishingly rare. Bitcoin Optech highlighted the failure mode on Sept. 18, drawing wider attention to an analysis that mining engineer Eric Price …
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A coordinated attack drained 8.7 million FET and used a compromised NuNet minter key to create 408.5 million NTX. The Sept. 19 attack emptied the Ethereum-side conversion contract used by SingularityNET’s bridge, removing 8,721,530 FET worth about $1.55 million at the time. Twenty-nine minutes later, a stolen NuNet minter created 408.5 million NTX and sent …
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The European Central Bank has launched Pontes, giving banks a new route to settle tokenized assets in central bank money. The rollout could remove one of the biggest obstacles to institutional blockchain adoption in Europe: connecting crypto-style market infrastructure with legally final central-bank settlement. Christine Lagarde Pushes ECB Into Tokenized Settlement The European Central Bank …
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Hana Bank raised $100 million with a five-year foreign-currency digital bond and settled the entire transaction the same day, collapsing a process that normally takes three to five business days into T+0. Issued through Euroclear’s blockchain-based D-FMI, the deal marked the first time a Korean financial institution directly used Euroclear’s infrastructure for a digital bond …
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Stablecoin issuer Circle is courting crypto-owning institutions, launching a lending service on Monday that lets them borrow USDC against their bitcoin holdings. Circle, the company behind the USDC stablecoin, has launched a service that lets institutional customers borrow dollar-pegged tokens against their bitcoin holdings—the latest push by a crypto firm to court treasury departments that …
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Bitcoin’s price ripped to an intraday high of $87,374 on Monday, Sept. 21, reaching its highest level since late January as billions of dollars flooded back into the crypto economy. The broader sector is now nearing $3 trillion in value, while BTC has rebounded sharply from last week’s lows around $75,000 to $76,000. Bitcoin is …
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David Ripley, co-head of Kraken, a leading U.S. crypto exchange, commented that Europe has taken a more pragmatic approach to crypto regulation, adopting a less belligerent stance when delivering market rules like MiCA, which bring clarity to the industry. Kraken CO-CEO David Ripley Praises Europe’s Crypto Regulation Industry figureheads are still examining the landscape of …
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Fairshake, the largest cryptocurrency PAC, is reportedly spending $30 million to spoof the odds of Democrat Sherrod Brown returning to the Senate this year. The move is being taken as payback, as Democrats bombed the CLARITY Act in the Senate. Fairshake Crypto PAC Moves $30 Million Against Sherrod Brown’s Campaign The cryptocurrency industry, left without …
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23pds, Chief Information Security Officer at Slowmist, reported the evolution of this exploit, which, due to the combination of several techniques, allows threat actors to steal wallet private keys and other data. Users must update their phones to the latest software version to avoid being targeted. iPhone Face One Click Full Wallet Control Hack Exploit …
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The Bitcoin treasury firm Strategy (MSTR) purchased $76,000,000 worth of BTC over the past week. Strategy says it accumulated 950 Bitcoin at an average purchase price of $79,670 per BTC, stretching their total holdings to 846,000 BTC. News of the firm’s purchase broke on Monday morning as Bitcoin surged by more than 6% and cracked …
Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times. Saudi Arabia has withdrawn from mBridge, a China-backed cross-border digital currency project designed to enable direct transactions between central banks, according to the Financial Times. SAMA, Saudi Arabia’s central bank, joined mBridge as a …
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