FTX drops ‘restricted countries’ motion but warns it may refile
The FTX Recovery Trust dropped a motion to limit payouts to creditors in countries including China, which holds about $380 million in claims.
Stablecoins deserve better, and they’re finally getting it
Stablecoin settlement times vary wildly depending on their blockchain. Purpose-built payment chains must remain open, or they will repeat TradFi fragmentation.
Postmortems can’t stop AI-powered crypto fraud
AI systems drive crypto fraud while the industry relies on outdated postmortems. Real-time transaction defense must become infrastructure.
Bitcoin price gets $92K target as new buyers enter ‘capitulation’ mode
Bitcoin gave up $104,000 for the first time in weeks, while traders warned of a return to sub-$100,000 levels and new buyers amassed unrealized losses.
Cathie Wood’s ARK Invest adds $12M in Bullish shares as options trading surges
Bullish’s new crypto options platform attracted $82 million in trading volume in five days, with participation from institutional traders.
‘One trick pony’ crypto treasuries may soon face a wave of new rivals
Stablecoins, tokenized money market funds and tokenized treasuries could become a common treasury asset in the future, Fireblocks’ John Hallahan told Cointelegraph.
Strategy files IPO for euro stock to fund more Bitcoin buys
Michael Saylor’s Strategy has filed to offer euro-denominated shares in its latest push to raise capital for more Bitcoin.
Stream Finance pauses platform after finding $93M loss
Stream Finance is investigating a $93 million loss and has paused deposits and withdrawals, which has caused its stablecoin to depeg to $0.50.
Crypto sentiment nosedives to ‘extreme fear’ as Bitcoin drops under $106K
The Crypto Fear & Greed Index plummeted by 21 points to “Extreme Fear,” the lowest it’s been in seven months.
Crypto czar David Sacks argues AI threat is Orwellian, not Terminator
David Sacks warns that the real threat AI poses is when it is used for government surveillance and information control.