Evernorth’s share price rose by 5% as investors welcomed the Nasdaq debut of the first pure-play XRP digital asset treasury.The newly listed shares of XRP-focused treasury company Evernorth Holdings (XRPN) jumped as much as 5% on their Monday Nasdaq stock exchange debut, according to Yahoo Finance data.Earlier on Monday, the company named former Coinbase Asset…

The discovery of an unauthorized Ledger hardware implant reignited debate on whether Bitcoin ETFs are safer than self-custodying Bitcoin via hardware wallet devices.The newly discovered Ledger exploit has stirred broad industry debate over the safety of hardware wallets compared to effectively custodying Bitcoin holdings through exchange-traded funds (ETFs).Bitcoin analyst Plan B said his then-controversial decision…

Michael Saylor’s Strategy said Bitcoin holdings reached 848,250 BTC after its latest purchase, while maintaining a $4.88 billion cash reserve.Strategy bought 250 Bitcoin for $21.5 million last week, marking a second consecutive weekly decline in purchases as its Bitcoin holdings reached 848,250 BTC.The company funded $21 million of the purchases through sales of its common…

ASIC’s proposal would extend leverage limits and protections against negative balances to certain derivatives settled in digital assets.Australia’s securities regulator wants to extend leverage limits and other retail investor safeguards to certain trading contracts settled in crypto.On Monday, the Australian Securities and Investments Commission (ASIC) proposed expanding the rules for contracts for difference (CFDs), which…

Bitcoin traders braced for inflation-based volatility after BTC price action preserved key weekly support around $82,500.Bitcoin (BTC) starts the third week of October by defending support at $82,500 ahead of key US inflation data.Key points:US inflation data is in traders’ crosshairs this week ahead of the Federal Open Market Committee’s Oct. 28 meeting on interest-rate…

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 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…

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)…

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…

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…