Interpol said a suspect’s crypto wallet processed over $122.5 million in 10 months as authorities uncovered the scheme during a global anti-fraud operation that led to 5,811 arrests. A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown …
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A Spotsylvania, Virginia, resident says hackers initiated an unauthorized wire transfer to steal nearly $10,000 from his retirement savings held at Wells Fargo. Jesse Combs, a longtime Wells Fargo customer, says he had never experienced a security issue with his account until May 29th, when he received an email notifying him that a $9,888 wire …
Cryptocurrency firms are developing plans to upgrade networks with quantum-resistant cryptography following advances suggesting quantum computers could break existing encryption sooner than expected. Google’s research indicates quantum computers capable of breaking encryption could arrive by 2029, reports Reuters. Today’s computers lack the power to work backward from a public key to uncover the private key …
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The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Korea’s digital asset bill. The Bank of Korea (BOK) has doubled down on its stance that won-denominated stablecoins should first be issued through bank-led consortiums. According to local reports …
SWIFT launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster cross-border payments. The world’s largest financial messaging network, SWIFT, said its blockchain-based ledger is ready for initial use after nine months of development. Seventeen major banks, including HSBC, Citi, BNP Paribas, UBS, ANZ, DBS and …
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Binance is exploring new licensing paths into Europe while continuing to expand its regulatory footprint in Asia, says co-CEO Richard Teng. Binance is in talks with regulators that have invited the exchange to apply for crypto licenses following its withdrawal from the Markets in Crypto-Assets Regulation (MiCA) application in Greece, according to co-CEO Richard Teng. …
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Alfa-Bank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services. Russia’s largest private bank, Alfa-Bank, is reportedly preparing to offer cryptocurrency services as the country continues developing a legal framework for the digital asset market. Dmitry Vitman, chief operating officer of Alfa-Bank’s corporate and …
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Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor. US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass …
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Bitcoin’s supply headlines have been loud, but ETF flow data is giving bulls something to point to. Farside’s numbers show a $143 million net inflow day for US spot Bitcoin ETFs, suggesting institutional buyers are still active even as government-wallet and Mt. Gox narratives create pressure. The useful way to read this is not as …
Solana’s ETF story keeps gaining weight. The latest Bitwise-linked filing puts SOL more firmly into the institutional product conversation, even if approval is still a separate and much harder question. The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is …
Continue reading “Bitwise Solana ETF Filing Keeps SOL In The Institutional Product Queue”
Bitcoin’s supply headlines have been loud, but ETF flow data is giving bulls something to point to. Farside’s numbers show a $143 million net inflow day for US spot Bitcoin ETFs, suggesting institutional buyers are still active even as government-wallet and Mt. Gox narratives create pressure. The useful way to read this is not as …
Solana’s ETF story keeps gaining weight. The latest Bitwise-linked filing puts SOL more firmly into the institutional product conversation, even if approval is still a separate and much harder question. The useful way to read this is not as a guaranteed price signal, but as a fresh piece of information in a market that is …
Continue reading “Bitwise Solana ETF Filing Keeps SOL In The Institutional Product Queue”
MakerDAO’s Endgame plan can sound abstract until the token mechanics start to appear. The SPARK rollout discussion gives the market something more concrete to evaluate: distribution, incentives, and how Spark Protocol participants may fit into the new structure. The useful way to read this is not as a guaranteed price signal, but as a fresh …
Zapper provided crypto market data to over 2 million monthly active users and oversaw more than $13 billion in processed transactions during its peak. Decentralized finance (DeFi) analytics platform Zapper announced it will shut down next month, becoming the latest crypto platform to fold amid a market downturn. In a post to X on Wednesday, …
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Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund. Paradigm has raised $1.2 billion for its fourth fund, which will expand the crypto venture capital firm’s investments into artificial intelligence and related technologies. The company said on Wednesday that its latest fund will invest “first …
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