Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.
Kraken parent clears Dubai’s final hurdle for dirham trading rollout
Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May. Payward, the parent company of cryptocurrency exchange Kraken, has received approval from the Virtual Assets Regulatory Authority (VARA) for its local entity, Payward FZCO, to provide crypto services.At launch, Kraken’s…
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.Standard Chartered has launched institutional custody services for Ripple’s RLUSD stablecoin, with plans to expand its use as trading collateral.The UK-based multinational bank announced Monday it rolled out RLUSD support on the…
U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead
Your look at what’s coming in the week starting Oct. 12.
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.South Korea’s Jeonbuk Bank, a subsidiary of JB Financial Group, reportedly started issuing Bitcoin-backed loans to its corporate customers.Local outlet EDaily reported Monday that Jeonbuk Bank became the country’s first commercial bank to accept Bitcoin (BTC)…
Why a bug that could have threatened XRP's 100 billion supply cap stayed hidden for years
The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP’s supply cap, which is why it was undetected for years.
Ledger says unauthorized implant found in at least one device sold by CryptoBilis
Ledger confirmed an unauthorized hardware implant in a device linked to crypto losses at CryptoBilis, a Southeast Asian reseller. The company says confirmed cases are limited and its internal systems remain unaffected.
Global watchdog flags stablecoin risks, AI threats ahead of G20
The Financial Stability Board flagged cross-border stablecoin risks and AI-related cybersecurity threats while urging G20 policymakers to support stronger safeguards.The Financial Stability Board (FSB), a global financial watchdog, has outlined financial stability risks associated with artificial intelligence and regulatory concerns surrounding stablecoins.In a letter published Monday, FSB Chair Andrew Bailey warned that cross-border mechanisms for…
DATA Network to migrate to Sui, retire own chain
The migration is backed by a $30 million investment from Sui Foundation.DATA Network, formerly known as Story, is planning to retire its independent blockchain and move its AI training data protocol to Sui, backed by a $30 million investment from Sui Foundation.The project’s Trace registry, which launched in June, will join the Sui ecosystem, while…
Bitcoin pulls back from $84,000 as oil recovers, ETFs bleed over $600 million
Bitcoin reversed early gains as oil bounced back to over $92. Analysts express concerns over large outflows from spot ETFs last week.
