U.S. government moves $1 billion in bitcoin tied to Bitfinex hack, with no sign of sale
Arkham data shows the 12,267 BTC went to unlabeled wallets rather than an exchange, a day after $383 million hit Coinbase Prime.
US government moves $1B in seized Bitcoin after $770M transfers
Blockchain analysts identified the US government wallet tied to the recovery of funds from the Bitfinex hack.The US government completed another major transaction involving seized cryptocurrency hours after moving a significant amount of Bitcoin to a Coinbase Prime wallet.Blockchain data from Wednesday showed that a wallet associated with crypto seized by the US government had…
EU securities regulator gives crypto platforms 3 months to remove unauthorized stablecoins
ESMA said authorized platforms must block new access to stablecoins that fail to meet MiCA rules, while national authorities oversee existing customer holdings.
‘Bunker mode’ is a far greater challenge for institutions than individual crypto holders
As crypto debates whether holders should move funds before AI or quantum advances expose wallet keys, custody firms face a separate problem: upgrading systems before an emergency migration.
Cardano Foundation spins out Veridian, tokenizes its shares on new standard
Veridian became the first company to use Cardano’s new programmable-token standard for its equity, though the tokenized shares are not being offered to the public.
Saudi Arabia appears to be shelving plans for its most ambitious World Cup stadium project. But why?
It was billed as “the most unique stadium in the world,” a key pillar of Saudi Arabia’s World Cup 2034 plans. But now Neom Stadium, part of the kingdom’s ambitious aims to build a 170-kilometer-long (111miles) city in the desert known as The Line, looks set to be scrapped, with the broader project scaled back significantly. A…
Saudi Arabia appears to be shelving plans for its most ambitious World Cup stadium project. But why?
It was billed as “the most unique stadium in the world,” a key pillar of Saudi Arabia’s World Cup 2034 plans. But now Neom Stadium, part of the kingdom’s ambitious aims to build a 170-kilometer-long (111miles) city in the desert known as The Line, looks set to be scrapped, with the broader project scaled back significantly. A…
Over 6 million bitcoin sit behind exposed public keys as AI warnings mount
Glassnode co-founder’s latest figures show growing public-key exposure as Justin Drake urges preparations for potential AI attacks on wallet cryptography.
‘No going back’ for institutions moving toward tokenized onchain future, says Fidelity
Tokenization offers structural advantages to financial institutions and helps asset managers reach new markets, according to Fidelity’s head of digital asset strategists.Financial institutions are increasingly moving toward an onchain future with tokenization initiatives which provide access to new markets and offer structural advantages compared to traditional investment products, according to Matthew Horne, head of digital…
Crypto lending rises again… but have they solved the risks?
Crypto lending has risen by 55% since July, but now has to deal with the dangers of AI assisted hacks, and risks cascading through interlinked protocols. Here’s how to stay safe. As the charts flip from red to green, crypto lending has seen a resurgence of interest after a particularly dismal second quarter.Figures from Galaxy…
