The boutique brokerage will focus on high-net-worth clients rather than competing with retail crypto exchanges.
Category archives: Trending Crypto news
FBI Agent Arrested After Allegedly Looting Up to $1,000,000 in Crypto From ‘Adversarial’ Wallets
An FBI counterintelligence agent was arrested on Friday after allegedly looting “adversarial cryptocurrency accounts” and accumulating around $1 million worth of digital assets. An affidavit filed by a different FBI agent on Saturday alleges that Patrick Yaroch, a supervisory special agent who works at the Bureau’s headquarters in Washington DC, self-reported last week in a …
Michael Saylor’s Strategy Resumes Bitcoin Sales, Hawking $105,000,000 Worth of BTC
The Bitcoin treasury firm Strategy (MSTR) sold 1,638 BTC worth $105 million in the past week, continuing a trend started earlier this summer. The sale was preceded by a three-week period during which the firm didn’t buy or sell any Bitcoin, and a two-week period before that when it sold a total of 3,588 BTC …
Boltz pauses service after wave of AI-assisted hacking attempts
The non-custodial protocol said attackers are discovering and adapting exploits faster than its small development team can identify and patch them. Boltz, a non-custodial Bitcoin swap service, says it is disabling its service until further notice after a rise in AI-assisted hacking attempts over the last few months. In a post to X on Monday, …
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Bessent’s top crypto adviser Tyler Williams exits US Treasury: Report
A key architect of the Trump administration’s digital asset agenda is leaving the Treasury Department as Congress struggles to advance landmark crypto legislation. Tyler Williams, a senior US Treasury official overseeing digital asset policy and a key adviser to Treasury Secretary Scott Bessent, has left the department, according to a Monday report by Punchbowl News. …
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Crypto Exploits Siphon Record $1,100,000,000 From Digital Asset Protocols in Six Months: Report
Hackers siphoned a record $1.1 billion from cryptocurrency protocols in 212 onchain exploits during the first half of the year, according to a new report. North Korea-linked groups account for $609 million or 55% of those losses, reports the blockchain security firm Blockaid. Ethereum and Solana protocols suffered the heaviest network-level hits at approximately $332 …
Kenya moves 30 million academic credentials onto Avalanche blockchain
A new digital verification platform aims to reduce forged certificates by allowing employers and universities to authenticate academic records onchain. Kenya has launched a blockchain-based system for verifying academic credentials through the Kenya National Examinations Council (KNEC), placing more than 30 million records on the Avalanche network in an effort to combat certificate fraud and …
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BlackRock launches tokenized money market funds for stablecoin reserves
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act. BlackRock, the world’s largest asset manager, has launched two tokenized money market products designed to serve as reserve assets for stablecoins, marking another step in bringing regulated financial products onto blockchain infrastructure. The first …
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Bitcoin Holders Lose $88,600,000 in Coldcard Crypto Wallet Exploit: Galaxy Researchers
Crypto researchers say Bitcoin investors have now lost more than $88 million to an exploit in the Coldcard hardware wallet. Researchers at Galaxy say BTC is being drained from addresses by bad actors in waves, due to a firmware bug that dramatically reduced the randomness of how the wallet creates its secret recovery phrase. “A …
Hashdex to shut smallest Bitcoin ETF after more than two years
The spot price Bitcoin exchange-traded fund, which was never able to attract more than $18 million in net assets, will pay out investors and sell its 225 BTC in the coming weeks. Hashdex said it will liquidate its eponymous spot-price Bitcoin exchange-traded fund this month, distributing the cash to all remaining shareholders and selling the …
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How Fake World Assets and onchain gacha became crypto’s latest craze
Fake World Assets turns forgotten NFTs into an onchain lottery — but is crypto’s latest obsession built to last? Just when you thought crypto was getting boring, a new phenomenon is lighting up Crypto Twitter — Fake World Assets (FWAs). Yes, really. It’s the latest iteration of the onchain gacha craze, where users receive a …
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US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Bitcoin (BTC) starts the first full week of August circling $63,000 as traders weigh the impact of the ongoing Coldcard wallet hack. Read more Go to Source
Bithumb sets 2028 IPO timetable as it overhauls internal controls
The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error. South Korean cryptocurrency exchange Bithumb said Monday it plans to apply for a preliminary listing review in 2027 and complete an initial public offering in 2028. Bithumb said it has reorganized its business structure, including …
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Strategy sells 1,638 Bitcoin to fund dividends and STRC repurchases
Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock. Michael Saylor’s Strategy sold 1,638 Bitcoin between July 27 and August 2, marking the year’s second-largest Bitcoin sale for the company. Strategy sold 1,638 Bitcoin (BTC) at an average price of $63,957 …
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CLARITY Act failure could send crypto valuations lower: Bernstein
Bernstein said Congress’s failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators. The odds of the Digital Asset Market Clarity Act’s (CLARITY) passage are dwindling as the US Senate is scheduled to begin summer recess at the end of this week, threatening another …
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