Crypto’s rally after a major legislative setback has an unexpected explanation, according to a new Bitwise analysis. Matt Hougan identifies four areas where the outcome created advantages, alongside one risk that could reverse them. Stablecoin Platforms Preserve Customer Rewards Four areas of crypto gained business advantages after the Senate failed to advance the CLARITY Act […]
4 Crypto Sectors Gained From CLARITY Act Failure, Bitwise Says
Arthur Hayes thinks artificial intelligence (AI) is unquestionably a bubble, but he’s betting its eventual reckoning could be rocket fuel for crypto. The Managing Partner of Maelstrom expects stressed AI companies and data-center debt to eventually force a government rescue worth multiple trillions of dollars. Meanwhile, his new Flop Labs project is wagering that the […]
Arthur Hayes Sees AI Bubble Ending in a Trillion-Dollar Rescue
Strategy’s bitcoin holdings underpin a business that raises capital and pays investors dollar dividends. Michael Saylor outlined how the company manages cash, financing costs, and different shareholder rights to sustain that income while pursuing bitcoin accumulation. Strategy Uses Bitcoin for Capital and Dollars for Income Investors seeking income from Strategy’s bitcoin-focused b
Bitcoin Pays No Coupon: Saylor Details Where Strategy Gets the Dollars
The Guardian reviewed a contract showing that a racing and esports content supplier majority-owned by three of Britain’s biggest bookmakers signed a revenue-sharing deal with Santeda, an offshore operator whose brands include Mystake. The deal surfaced in documents from the “Casino Secrets” leak of Curaçao’s gambling regulator. An 18% Cut of Offshore Revenue Filed under […]
‘Casino Secrets’ Leak Ties UK Bookmakers to Offshore Mystake Operator
The couple revealed chilling details of an attack that took place in December, saying that a group of thieves forced their way into the home and stole hundreds of thousands of pounds in cryptocurrency after threatening to kill the pregnant woman and her unborn child with a knife. Criminals Threatened to Kill Pregnant Woman […]
Masked Robbers Threaten Pregnant Wife in UK Crypto Home Attack
Does Clippy have a meme coin? No, but followers of Microsoft’s X account might have thought so on Thursday when the tech giant’s access was hijacked to promote an unauthorized crypto token. On Thursday, Microsoft’s official X account began making surprising moves, including following an account promoting an unofficial meme coin inspired by the […]
Microsoft’s X Account Hijacked to Promote Clippy Meme Coin
Absa has become Africa’s first bank to offer Bitcoin custody, with BTC making up the largest share of assets held through its institutional service. Bloomberg reported on Oct. 2 that the Johannesburg-based lender is providing digital asset custody to institutional…
Absa becomes Africa’s first bank to offer Bitcoin custody services
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency, accusing the regulator of overstepping its legal authority.
Bank group sues U.S. regulator over granting crypto trust charters
Financial heavyweight Citi has officially revised its long-term price target for Bitcoin to $113,000, pointing to a powerful structural reversal in exchange-traded fund (ETF) flows and deepening macroeconomic integration as primary catalysts.
Citi Raises Bitcoin Target to $113,000 as Institutional Inflows Drive Q4 Optimism
UK financial institutions have identified faster settlement as tokenization’s biggest benefit, with 71% expecting the technology to reshape financial services. Lloyds Banking Group said in its Oct. 2 release, that its tenth annual Financial Institutions Sentiment Survey questioned 100 senior…
UK banks eye faster settlement as 71% expect tokenization to reshape finance
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms.
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Aave founder Stani Kulechov is criticizing proposals from European regulators that could extend restrictions on stablecoin yield and place new controls around access to DeFi. MiCA Review Puts DeFi Access in Focus Aave founder Stani Kulechov is warning that Europe risks regulating the openness of decentralized finance. Kulechov shared an X thread on Friday expressing […]
Aave Founder Warns EU MiCA Review Could Restrict DeFi Access
Key Takeaways BNY and Payward remain in reported talks. Kraken’s parent is expanding its infrastructure business. BNY already offers institutional digital-asset custody services. CoinDesk reported, citing two people familiar with the matter, that the discussions could cover custody, trading, payments, wealth management and digital-asset infrastructure. Both companies declined to
Kraken’s Parent Reportedly Discusses Crypto Deal With BNY
Anchorage Digital has reportedly cut 17% of its workforce after securing a $100 million Tether investment earlier this year. The Information reported on Oct. 2, citing people familiar with the matter, that McCauley had told employees about the layoffs during…