Yesterday, the SEC asked a federal court for injunctions against several crypto investment advisory firms who have displayed fake SEC certificates. Naming …
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Finance
Tokenized gold is becoming productive collateral in crypto lending, Arch says
by shayaanby shayaanTokenized gold has moved deeper into crypto lending after Aave’s XAUT-backed debt reached a $25 million ceiling and Arch Lending added loans …
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Markets
From Hawala to Swift: Inside the 1,000-year battle to move money safely
by shayaanby shayaanFinance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits. www.coindesk.com
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Scams
After Their AI Models Hacked Real Companies, AI Labs Call for Stronger Cyber Defenses
by shayaanby shayaanIn brief More than 100 organizations signed an open letter calling for stronger global cyber defenses. Models built by signatories OpenAI and …
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Analysis
‘Remarkably Resilient’ US Equities Add Nearly $12,000,000,000,000 in Market Cap Since March Bottom
by shayaanby shayaanUS equities are displaying remarkable resilience and steady upward momentum despite surrounding uncertainties. The S&P 500 (SPX) completes 22 consecutive sessions without …
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Russia’s largest bank is preparing to broaden its crypto-lending business. Sberbank Deputy Chairman Anatoly Popov said the lender plans to accept Bitcoin …
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Regulation
California Senate passes bill to ban memecoin issuance by public officials
by shayaanby shayaanCalifornia lawmakers passed a bill restricting public officials’ involvement with memecoins, citing concerns around conflicts of interest and “pay-to-play arrangements.” The California …
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A new report from the Federal Reserve Bank of Kansas City argues that dollar-pegged stablecoins are more likely to strengthen the U.S. …
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Markets
Crypto market makers are cashing in on bitcoin's rally – without betting on direction
by shayaanby shayaanAs bitcoin surges back above $80,000, sophisticated trading firms are quietly collecting yield rather than making directional bet. www.coindesk.com
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Analysis
Charles Schwab Expands Crypto Platform Adding Solana Avalanche and Chainlink
by shayaanby shayaanA leading financial services firm is expanding its cryptocurrency trading service to include three additional digital assets that have gained significant investor …