Bloomberg senior ETF analyst Eric Balchunas refuted recent allegations against Coinbase that claimed the exchange was not using BlackRock’s funds to buy actual Bitcoins (BTC). The rumors surfaced on social media on Sept.... Read more »
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts... Read more »
Key Takeaways Digital asset investment products saw $436m inflows after a period of $1.2bn outflows. Bitcoin received $436m inflows, while Ethereum faced $19m outflows amid L1 profitability concerns. Share this article Bitcoin... Read more »
DeFi protocol DeltaPrime has suffered a $6 million exploit, according to blockchain security firm Cyvers. In a Sept. 16 post on X, Cyvers revealed that the breach stemmed from a compromised “admin... Read more »
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6... Read more »
Hackers and fraudsters are attracted to crypto like flies to honey. This makes crypto custody a high-stakes business, as opposed to custodying traditional assets like stocks and bonds, which is considered to... Read more »
Cryptocurrency exchange Binance has alerted users to a rise in “Clipper malware” attacks that can steal crypto funds. The malware intercepts wallet addresses, replacing them with attackers’. Binance said it has implemented... Read more »
The U.S. is at a “turning point” in crypto, and about to become “THE decisive leader” in nurturing the technology, Jeremy Allaire, CEO of stablecoin issuer Circle, wrote in an X post... Read more »
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of... Read more »
Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to... Read more »
