Finance News – Global Crypto
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Hackers drain over $3 million in crypto from Nervos Network’s Force cross-chain bridge, say security...
Security experts report that a vulnerability in Force, a cross-chain bridge on the Nervos Network, resulted in the loss of approximately $3 million worth of various cryptocurrencie...
Read Full Article →Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetri...
The ongoing debate between prominent economists highlights differing views on the role and potential impact of digital currencies designed to maintain consistent value in the finan...
Read Full Article →Coinbase says FTX repayments could become a $5B market injection
The distribution of over $5 billion in stablecoins by the FTX Recovery Trust may provide substantial liquidity to digital asset markets, potentially impacting trading activities an...
Read Full Article →Xend Finance, Risevest launch tokenized stocks platform in Africa
The new platform enables African investors to diversify their portfolios by purchasing fractional shares of international real estate and equities using digital stablecoins.
Read Full Article →Digital euro, not MiCA, key to managing crypto risks: Bank of Italy chief
The Bank of Italy's Governor emphasized that the introduction of a digital euro plays a more crucial role than existing regulations in ensuring financial stability and mitigating r...
Read Full Article →Liquidity shock set to hit crypto market as FTX unleashes 2% of stablecoin supply in $5B creditor pa...
The release of a substantial stablecoin amount by FTX to creditors may impact market liquidity and influence the overall stability of cryptocurrency trading conditions.
Read Full Article →Bitcoin $120K ‘epic mic drop’ rally set after US court blocks Trump tariffs
The recent legal ruling limiting trade restrictions is expected to boost investor confidence, potentially driving increased demand and higher valuations for Bitcoin in upcoming mar...
Read Full Article →UK's FCA Seeks Views on Stablecoins, Crypto Custody to Prevent Firm Failures
The proposed regulations aim to protect investors by promoting stability in digital assets and improving oversight of companies managing crypto holdings, thereby minimizing the ris...
Read Full Article →BIMA and exSat partner to expand BTC-backed DeFi
The collaboration between BIMA and exSat aims to enhance the accessibility and utility of Bitcoin within decentralized finance, potentially increasing market participation and driv...
Read Full Article →FCA seeks public views on stablecoins and crypto custody
The United Kingdom’s financial regulator is inviting public feedback on proposed rules for managing stablecoins and cryptocurrency custody, aiming to shape future oversight in digi...
Read Full Article →Bitcoin price will reach $130K or even $1.5M, top bulls say
Bitcoin’s potential price growth signals significant investor interest and institutional involvement, which could reshape digital asset markets and impact broader financial systems...
Read Full Article →Former Chainlink, Two Sigma execs build ‘Moirai’ to uncover crypto gems
Metalayer Ventures has raised $25 million to strategically invest in early blockchain startups, aiming to support innovative projects in stablecoins, tokenization, and cryptocurren...
Read Full Article →The FCA bundles stablecoins into new crypto regime
The FCA’s proposals aim to strengthen economic stability by integrating stablecoins into the broader regulatory framework for cryptocurrency businesses, addressing potential risks...
Read Full Article →Russian national arrested in South Korea for attempted crypto robbery
The attempted theft involved nearly $730,000 in cash during a staged digital currency transaction, highlighting ongoing security risks tied to large sums in the cryptocurrency mark...
Read Full Article →Luxembourg flags crypto companies as high risk for money laundering
Luxembourg’s designation of virtual asset service providers as high-risk for money laundering underscores potential financial vulnerabilities tied to extensive crypto transactions...
Read Full Article →Former CFTC Chair Christopher Giancarlo joins crypto bank Sygnum
Christopher Giancarlo’s advisory position at Sygnum enhances the firm’s ability to address evolving regulatory challenges, potentially strengthening its appeal to institutional inv...
Read Full Article →Crypto industry urges SEC to clarify staking stance
Clarification on regulatory treatment of cryptocurrency staking could significantly impact investment opportunities and compliance costs for blockchain service providers and digita...
Read Full Article →Crypto investor loses $2.6M in stablecoins in double phishing scam
An individual suffered a substantial financial loss when sophisticated phishing tactics involving deceptive token transfers led to millions of dollars being sent fraudulently over...
Read Full Article →Europe is sabotaging its digital money
Imposing heavy regulatory costs on stablecoins restricts innovation and competitiveness within Europe’s digital financial sector, potentially hindering economic growth and the adop...
Read Full Article →Texas governor signals support for Bitcoin reserve bill
Establishing a state-level cryptocurrency reserve could diversify Texas’s financial assets and potentially attract new investment, influencing the region’s economic growth and digi...
Read Full Article →Crypto Biz: From shorting the Venezuelan Bolivar to shorting the US dollar
By leveraging Bitcoin as collateral to secure loans denominated in US dollars, investors can mitigate currency depreciation risks while accessing liquidity without selling their di...
Read Full Article →US House members call for investigation into Trump's memecoin dinner
The controversy surrounding the memecoin dinner has prompted lawmakers to consider new regulatory measures targeting cryptocurrency involvement by high-level officials, potentially...
Read Full Article →Ledn ditches ETH, shifts to full custody model for Bitcoin loans
Ledn’s strategic move to fully collateralized Bitcoin loans and withdrawal from Ethereum lending aims to reduce credit risk, streamline operations, and better align with client pre...
Read Full Article →DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder
Decentralized finance platforms significantly reduce user enrollment expenses compared to traditional banks, enabling broad participation from individuals worldwide who have histor...
Read Full Article →Why Tether refuses to comply with MiCA
Tether’s refusal to adhere to EU’s stringent stablecoin regulations risks reduced market access and liquidity in Europe, potentially impacting trading volumes while enabling the co...
Read Full Article →XRP eyes breakout as EURØP and USDB stablecoins launch on XRP Ledger
The introduction of two fully backed stablecoins on the XRP Ledger is anticipated to enhance network liquidity and potentially increase trading activity, reflecting growing investo...
Read Full Article →Senators plan to amend GENIUS Act to address Trump family's stablecoin
The proposed legislative changes aim to prevent potential conflicts of interest by restricting benefits to public officials from stablecoin-related financial transactions linked to...
Read Full Article →Which senators invest in crypto? 11 lawmakers have blockchain-related investments
Eleven senators hold personal financial stakes in companies linked to digital assets, highlighting a potential intersection between their investment interests and ongoing legislati...
Read Full Article →Exponential currency debasement: ‘You don’t own enough crypto, NFTs’
Digital assets like cryptocurrencies and NFTs are increasingly viewed as tools that may help investors mitigate the effects of inflation and diversify portfolios during periods of...
Read Full Article →Crypto awareness in Singapore hits record 94%, but ownership falls
Despite widespread familiarity with digital currencies among Singaporeans, actual asset holdings have decreased, yet many current investors remain optimistic and plan to expand the...
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