Banks fumble TXs too; at least Paxos’ $300T error was transparent
Fat finger errors happen all the time, especially in traditional banking. The difference is that blockchain makes it transparent and immediately identifiable.
Pico Prism proves 99.6% of ETH blocks in real time: 10K TPS gets closer
Brevis achieved 99.6% real-time proving of Ethereum blocks using consumer GPUs, marking a breakthrough toward scaling and phone-based validation.
Bank of England clarifies plan to limit stablecoins is temporary
Industry groups criticized the proposed stablecoin limits, arguing that they would stifle innovation and signal to the industry that the UK isn’t crypto-friendly.
95% of corporate ETH buys happened in Q3 — start of Ether supercycle?
Crypto executives have tipped Ether to rise as high as 200% by the end of the year, led by corporate Ether purchases, ETF accumulation and Ether locked in staking.
Ripple CEO calls for parity in treatment of TradFi, crypto companies
Brad Garlinghouse has asked that Ripple be “held to the same regulatory standards as a bank” as the company awaits a decision on a national charter from the OCC.
High-leverage crypto trader James Wynn liquidated again, this time for $4.8M
James Wynn, famous for his leveraged crypto bets, said he was “back with a vengeance,” but was liquidated just one day after opening new positions.
CME futures open interest flips Binance: Does Wall Street fully control crypto now?
The real winner of last week’s crypto flash crash is the CME. Cointelegraph explains how the exchange is increasing its crypto market share.
Aave freezes PYUSD markets after unprecedented 300T mint and burn
Crypto users were left scrambling on Wednesday after Paxos minted 300 trillion of PayPal’s PYUSD stablecoin, then sent it all to a burn address.
Bitcoin Coinbase Premium keeps BTC above $110K: Will this level hold?
Strong US demand for Bitcoin remains stable above $110,000, but revived long-held coins and surging derivatives point to turbulent days ahead.
Gold mania? Bank-run style lines at shops as precious metal glitters at all-time highs
Currency inflation and macroeconomic uncertainty are driving the price of gold, Bitcoin and similar assets to new levels.