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Hackers siphon $3 million in XRP from US user’s wallet: ZachXBT

Hackers siphon $3 million in XRP from US user’s wallet: ZachXBT

A U.S. crypto user has lost approximately $3.05 million in XRP after their Ellipal wallet was compromised, with the stolen funds being transferred through bridges and ultimately laundered to over-the-counter venues adjacent to Huione, according to blockchain investigator ZachXBT.In a detailed X thre…

ā€˜Ethereum investors buy the dip’ amid $513 million in weekly global crypto ETP outflows: CoinShares

ā€˜Ethereum investors buy the dip’ amid $513 million in weekly global crypto ETP outflows: CoinShares

Global crypto investment products managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares witnessed net outflows of $513 million last week, according to CoinShares' data, as investors continue to digest the record liquidation cascade on Oct. 10."Net outflow…

Japan mulls allowing local banks to buy and sell crypto: reports

Japan mulls allowing local banks to buy and sell crypto: reports

Japan's Financial Services Agency may allow local banks to trade and hold cryptocurrencies, local news outlets reported Sunday.According to a report from Yomiuri Shimbun, the FSA is planning to discuss potentially reforming the current supervisory guidelines that ban domestic banks from holding digi…

Crypto execs to meet Senate Democrats over market structure legislation: report

Crypto execs to meet Senate Democrats over market structure legislation: report

A group of top crypto executives are expected to meet with pro-crypto Senate Democrats for a roundtable on Wednesday to discuss the future of crypto market structure legislation, according to journalist Eleanor Terrett.Terrett reported Sunday that the meeting, led by Senator Kirsten Gillibrand, come…

Ondo Finance urges more transparency before Nasdaq’s tokenization proposal moves forward

Ondo Finance urges more transparency before Nasdaq’s tokenization proposal moves forward

Real-world asset startup Ondo Finance is pushing back against Nasdaq's proposal to support tokenized stocks and exchange-traded funds and says more information is needed on how settlement would work.In a letter sent to the Securities and Exchange Commission this week, Ondo Finance says more informat…

Polymarket launches up/down equity markets, letting users bet on stock prices

Polymarket launches up/down equity markets, letting users bet on stock prices

Polymarket is launching "up/down" equity and index markets, letting users wager on whether specific stock prices or benchmarks finish higher or lower by a set time, the Intercontinental Exchange-backed prediction venue said on Wednesday.The update arrives inside a new ā€œFinanceā€ section that organize…

Japan sets out to ban insider trading in crypto: Nikkei

Japan sets out to ban insider trading in crypto: Nikkei

Japan's financial authorities are preparing to crack down on cryptocurrency insider trading, according to Nikkei Asia.Nikkei reported Wednesday that the Financial Services Agency plans to file amendments that would explicitly prohibit trading based on non-public information, with violators facing fi…

NodeMonkes surge again as bitcoin rallies, volume hits yearly record

NodeMonkes surge again as bitcoin rallies, volume hits yearly record

As Bitcoin rallied towards a new all-time high just two weeks ago, NodeMonkes, the Bitcoin ordinals collection, has since recorded its two consecutive highest weekly sales volumes for the year.In the week Bitcoin set its all-time high, NodeMonkes recorded $2.99 million in volume, while the prior wee…

Roger Ver admits failing to report bitcoin holdings, DOJ drops indictment after $50 million settlement

Roger Ver admits failing to report bitcoin holdings, DOJ drops indictment after $50 million settlement

Roger Ver, the early bitcoin evangelist nicknamed "Bitcoin Jesus," has officially reached a settlement with the U.S. Department of Justice, admitting to willfully failing to report his bitcoin holdings when he renounced his U.S. citizenship in 2014.According to the DOJ, Ver entered a deferred prosec…

Binance claims it ā€˜does not profit’ from its token listing process, calls allegations ā€˜false and defamatory’

Binance claims it ā€˜does not profit’ from its token listing process, calls allegations ā€˜false and defamatory’

The world’s largest crypto exchange, Binance, claimed that it "does not profit" from its token listing process, according to a Tuesday post on X.The claim was made in response to CJ Hetherington, CEO of Limitless Labs, a prediction market, blockchain, and AI development studio. Earlier on Tuesday, H…

New GOP bill aims to codify Trump’s executive order on crypto and private equity in 401(k) retirement plans

New GOP bill aims to codify Trump’s executive order on crypto and private equity in 401(k) retirement plans

A new House bill would cement U.S. President Donald Trump's executive order directing the Labor Department to pave the way for cryptocurrency and private equity to be offered in 401(k) retirement plans.Rep. Troy Downing, R-Mont., will introduce that bill on Tuesday, called The Retirement Investment …

Celsius wins nearly $300 million from Tether in bankruptcy case, a fraction of its $4.3 billion claim

Celsius wins nearly $300 million from Tether in bankruptcy case, a fraction of its $4.3 billion claim

Celsius Network’s bankruptcy estate has secured a $299.5 million settlement from stablecoin issuer Tether, ending a high-stakes legal fight over billions of dollars in allegedly mishandled bitcoin collateral.The agreement, announced Monday by the Blockchain Recovery Investment Consortium (BRIC), a j…