Cryptocoins News / The Cointelegraph - 2 weeks ago
Compromised suppliers, developer tools and infrastructure components outside security audits drove about 77% of the quarter’s total losses, according to Hacken.Cryptocurrency hacks soared to $1.18 billion across 107 recorded incidents in the third qu...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin price action continued to see contagion from a Korean tech sell-off after the KOSPI Index fell 7.5% on Thursday.Bitcoin (BTC) fell to its lowest levels in over three weeks on Thursday as crypto tracked fresh losses on South Korean stock marke...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Thailand’s new Bitcoin and Ether ETF rules take effect Friday, but CoinShares expects modest initial inflows as existing investment options compete for demand.Thailand’s first crypto exchange-traded funds (ETFs) may get off to a slow start despite Ba...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Babylon’s proposal to bring native Bitcoin collateral to Aave V4 has entered a new governance stage, but further votes and security reviews remain before launch.Bitcoin-focused developer Babylon Labs has submitted a proposal to let users borrow stabl...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.US spot Bitcoin exchange-traded funds (ETFs) returned to net outflows for the week on Wednesday as BTC fell below $82,000.Bi...
Cryptocoins News / The Cointelegraph - 2 weeks ago
South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.South Korea is planning tighter cybersecurity requirements for financial institutions after an investigation into earlie...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.Update (Oct. 15 at 5:35 am UTC): This article has bee...
Cryptocoins News / The Cointelegraph - 2 weeks ago
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technol...
Cryptocoins News / The Cointelegraph - 2 weeks ago
VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year. Asset manager VanEck said it no longer plans to proceed with its proposed Lido staked Ether exchange-traded fund, shelving the product designed to...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The deal gives Polygon access to 37 money transmitter licenses and 11 state exemptions.Polygon Labs has completed its acquisition of Coinme, giving its stablecoin payments platform a regulated way to convert dollars into digital assets and back acros...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Illinois officials already agreed to delay implementation of a 0.2% tax on crypto assets, but industry-aligned organizations are pushing for summary judgment on the merits.The Crypto Council for Innovation (CCI) and Blockchain Association (BA) said t...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The second-largest stablecoin by market cap will be overseen by French and EU authorities under its classification as a “significant e-money token.“The European Banking Authority (EBA) has classified Circle’s USDC stablecoin as a significant e-money...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Brooklyn prosecutors and the FBI seized 112 servers and shut down 241 websites linked to investment scams that targeted Russian-speaking Americans.
Prosecutors in Brooklyn, New York, working with the Federal Bureau of Investigation (FBI), have disrup...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The report from the US banking regulator did not include specific examples of debanking related to crypto, but mentioned it alongside ties to oil, gas and firearms.The US Office of the Comptroller of the Currency (OCC) released a report on debanking...
Cryptocoins News / The Cointelegraph - 2 weeks ago
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.
Standard Chartered says stablecoin transaction activity continues to grow even as the market’s overal...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin fell below $82,000 while bond yields targeted new 24-year highs on the back of hot US CPI inflation.Bitcoin (BTC) fell below $82,000 after Wednesday’s Wall Street open as US consumer inflation beat expectations.Key points:Data from TradingVie...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Even if Justin Drake’s prediction that AI could break cryptography proves correct, critics say “bunker mode” is an impractical suggestion that’s unlikely to protect your crypto.If rising geopolitical tensions weren’t enough cause for concern, now it’...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Remittance-sized crypto transfers from Canada to three Asian countries reached $2.36 billion, while transfers to the Philippines alone rose 28% to $61 million.Remittance-sized crypto transfers from Canada to India, China and the Philippines surged 14...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Qivalis said the Electronic Money Institution authorization enables it to launch a euro-denominated stablecoin, with issuance planned for the coming months, subject to additional MiCA requirements.
European banking consortium Qivalis received Electro...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Payward expects to close the acquisition in 2027, enabling it to expand its traditional banking services into four EU operating markets already served by Saldo Bank.Cryptocurrency exchange Kraken’s parent company, Payward, will buy Lithuania-based Sa...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Ledger hardware wallet implants have renewed scrutiny of the middlemen handling devices before they reach buyers, even through authorized sellers.Ordinary cryptocurrency owners cannot realistically be expected to detect sophisticated tampering with h...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Coins.ph says its Philippine central bank license remains intact amid reports of possible revocation over alleged offshore gambling transactions.[Update, 11:00 am UTC: Added a follow-up response from a Coins.ph spokesperson.]Coins.ph said it remains...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Bitcoin onchain analysis eyed a “potential bottom” for BTC price action in early October as demand weathered external headwinds.Bitcoin (BTC) can still preserve its traditionally strong October performance, as onchain data points to a local BTC price...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Should US high court justices grant review of the case, they could release a decision as early as June 2027.After being convicted in 2023, losing his appeal to a Second Circuit court in 2026 and awaiting a decision on a presidential pardon that may n...
Cryptocoins News / The Cointelegraph - 2 weeks ago
Saifedean Ammous argues that Bitcoin already functions as money when held as a store of value; expects it will become larger and less volatile than gold as it matures.Saifedean Ammous, the author of the 2018 academic book “The Bitcoin Standard,” said...