Market
Bitcoin tumbled to its lowest levels since April as the cryptocurrency market continued to diverge sharply from surging U.S. equity markets. The leading digital asset dropped below key support levels while traditional stocks pushed toward fresh record highs, highlighting a growing disconnect between the two asset classes that have
Market
Bitcoin exchange-traded funds have experienced an unprecedented nine consecutive days of outflows, with investors withdrawing a total of $2.8 billion from these investment vehicles. The streak marks the longest period of sustained selling pressure since Bitcoin ETFs launched in the United States, according to data tracked by financial markets.
Security
A sophisticated cyberattack has targeted wallet data across three major blockchain networks, with hackers deploying malicious code packages to compromise user credentials on Solana, Sui, and Aptos platforms. The attack, dubbed "TrapDoor," involved the distribution of corrupted software packages designed to steal private keys and wallet information from
Exchange
Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.
Regulation
Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto.
Regulation
During a Thursday press briefing, Bessent also urged the House and the Senate to get the Clarity Act to the finish line.
Macro
The investment firm said nation-states and central banks are increasingly turning to assets like Bitcoin and gold as alternative settlement systems outside of US control.
Market
The purchase pushed the Nasdaq-listed company ahead of Coinbase Global to become the fourth-largest public corporate holder of Ether, according to CoinGecko data.
Regulation
On Thursday, Treasury Secretary Scott Bessent urged Congress to pass the CLARITY Act, a bill that would provide the crypto industry with a regulatory framework and the long-awaited clarity it needs regarding the classification of digital assets. Bessent Presses Lawmakers To Pass The CLARITY Act In r
Security
A warning from one of decentralized finance’s (DeFi) early security figures has turned a difficult stretch of hacks into a broader test of how the industry can defend itself against artificial intelligence (AI). On May 27, Manuel Aráoz, co-founder and former chief technology officer of OpenZeppelin,
Exchange
Crypto trading firm FalconX has confidentially filed with the Securities and Exchange Commission for an initial public offering, according to sources familiar with the matter. The San Francisco-based company has hired investment bankers to lead the process, though the timing and size of the potential offering remain undisclosed. FalconX specializes
Market
Earlier this month, 21Shares and Bitwise Investments became the first firms to launch HYPE-based exchange-traded funds.