UK High Court ruling boosts government's bid to keep $5 billion in seized bitcoin
The ruling improves the UK's legal position to retain bitcoin seized in an earlier case, a notable test of how states treat forfeited crypto.
CoinDesk · +2 outlets
Once-largest Ethereum NFT marketplace Blur to shut down website and stop new Blend loans
Blur's wind-down after a 99% collapse in volumes marks the end of an era for the NFT trading and lending market it once dominated.
Decrypt · +14 outlets
Ledger says confirmed cases in suspected $87M drain tied to reseller CryptoBilis; Tether freezes $10M
The suspected drain tied to a hardware wallet reseller prompted Tether to freeze $10 million in USDT, a rare instance of stablecoin issuer intervention.
Decrypt · +3 outlets
Standard Chartered adds Ripple's RLUSD stablecoin custody in Dubai
The bank's Dubai custody service lets clients hold and trade RLUSD without moving it, giving Ripple's stablecoin institutional distribution.
CoinDesk · +13 outlets
XRP Ledger payment engine had a counterfeiting bug hidden since 2015
The long-undetected bug could have threatened XRP's 100 billion supply cap, raising fresh questions about the ledger's code review history.
Decrypt · +5 outlets
South Korea gets first traditional bank loans backed by bitcoin
The move marks growing acceptance of crypto collateral by regulated Korean lenders despite the asset's volatility.
CoinDesk · +14 outlets
Singapore's MAS puts Hyperliquid on its investor alert list
The regulator's warning spotlights the scrutiny facing decentralized perpetuals exchanges and their treatment of retail traders.
Crypto Briefing · +8 outlets
Russia's largest bank Sberbank secures approval to trade crypto
Approval for Sberbank signals deepening state-permitted crypto activity in Russia despite Western sanctions pressure.
CoinDesk · +14 outlets
FSB warns cross-border stablecoin rules remain untested in a severe market crisis
The Financial Stability Board flags that international stablecoin frameworks have not been stress-tested in a major market dislocation.
CoinDesk · +7 outlets
Traders exploit ETH price gap at 1,000x exchange Papertrade, netting over $1M before a 93.7% open interest wipeout
Traders moved Hyperliquid's ETH prices to profit on the new 1,000x venue, a case study in the fragility of thin, high-leverage markets.
Bitcoin News · +7 outlets
France proposes reporting crypto wallets over $112K, drawing backlash
The French reporting threshold would expand surveillance of self-custodied wallets and has drawn criticism from crypto users.
Decrypt · +1 outlets
Strategy buys $21.5M in bitcoin, repurchases $192M in STRC preferred
The dual move shows the bitcoin treasury firm managing its capital structure alongside continued coin accumulation.
Decrypt · +8 outlets
Ripple-backed Evernorth debuts on Nasdaq holding 473 million XRP worth far less than it paid
The listing reveals the paper losses on Evernorth's XRP position, a marker of the token's steep decline from purchase prices.
Decrypt · +5 outlets
IMF finds tokenized stocks show real demand but remain volatile and illiquid
The IMF's assessment tempers enthusiasm for tokenized equities, while noting Solana captures most of the trading volume.
Decrypt · +5 outlets
FASB proposal could boost corporate stablecoin adoption
Accounting guidance for stablecoins could remove a hurdle that has deterred corporate treasuries from holding them.
cointelegraph.com · +1 outlets
Bitmine adds $32M in ether as Tom Lee says firm is nearly done stacking
The ETH treasury firm's accumulation pace is slowing, with Lee pointing to a large wealth transfer as a demand driver.
Decrypt · +2 outlets
Crypto fear and greed index drops to pre-rally August lows as ETF outflows hit 10 days
Sentiment cooled sharply and bitcoin, ether and solana ETFs all sit in the red for October, with spot ETF flows negative for 10 straight days.
Decrypt · +2 outlets
Bitcoin rebounds above $83,000, decoupling from tumbling Korean stocks and Nasdaq futures
Bitcoin's recovery came as Korean equities and Nasdaq futures slid on AI-related concerns, though ETF outflows and oil prices weighed on the move.
CoinDesk · +1 outlets