Spot cryptocurrency exchange-traded funds (ETFs) traded in the US showed a different picture in terms of investor activity. According to SoSoValue data, …
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Markets
Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
by shayaanby shayaanA software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly …
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Mining
Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play
by shayaanby shayaanSOS Limited shareholders approved steps that could expand the crypto-linked company’s authorized share pool 100-fold, giving it far more room to raise …
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The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure. www.coindesk.com
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Markets
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
by shayaanby shayaanTwenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement. www.coindesk.com
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Core Scientific, starting in 2024, handed Jack Dorsey’s Block at least $67.9 million for $BTC mining chips. It then booked a $41.9 …
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Markets
Company behind AI trade that caused $60 million crypto liquidations to cover all losses
by shayaanby shayaanThe mark price fell 19% on a single pre-market trade in Korea. The company says its oracle worked exactly as designed. www.coindesk.com
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Ether ETFs Outpace Bitcoin as Late-Week Selling Erodes Crypto Fund Gains Crypto exchange-traded fund (ETF) investors began the week buying with conviction …
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Regulation
Crypto Advocates Contact Congress 1 Million Times as CLARITY Act Pressure Builds
by shayaanby shayaanGrassroots Network Renews Pressure on Congress Stand With Crypto, a U.S. crypto advocacy organization that says it has around 3 million registered …
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Markets
Thailand's SEC alleges Bitkub concealed cyberattack that led to $50 million hack
by shayaanby shayaanBitkub was the victim of a cyberattack in May 2021, which led to hacks stealing 1.7 billion baht across 16 different digital …