CFTC staff clarify expectations on using crypto as collateral

In recent developments, the Commodity Futures Trading Commission staff provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot. Looking closer, market participants highlight key…

Crypto.com Slashes Workforce by 12% in ‘Enterprise-Wide AI’ Pivot

In recent developments, cryptocurrency exchange Crypto.com is laying off around 180 employees as it shifts focus to AI-driven operations. The development has drawn attention from traders and analysts who are…

‘Extreme Fear’ Hits Crypto Markets After Bitcoin Gives Up $75K Spike

In recent developments, crypto market sentiment is fading as Bitcoin dipped below $69,000. But predictors on Myriad don’t expect a return to all-time low fears. Looking closer, market participants highlight…

UK to Dissolve Crypto Exchange Accused of Aiding Iranian Sanctions Evasion

In recent developments, the UK’s Companies House has moved to strike off Zedxion Exchange, a crypto firm accused of processing funds for Iran’s Revolutionary Guard. Looking closer, market participants highlight…

Crypto ETFs Struggle Again: Bitcoin Loses $90 Million, Ether $136 Million

In recent developments, crypto ETFs remained under pressure on Thursday, with bitcoin and ether posting another round of outflows. Solana offered a rare bright spot, while XRP activity stayed flat.…

Google Threat Intel flags ‘Ghostblade’ crypto-stealing malware

In recent developments, ghostblade is one of six malware tools in the “DarkSword” suite of malicious software designed to steal crypto private keys and user data. Looking closer, market participants…

Binance Flags iOS Exploit Chain Threatening Crypto Wallet Data Security

In recent developments, critical iOS flaw enables silent attacks that expose crypto wallets and personal data, as Binance warns of an advanced exploit chain already used by surveillance groups targeting…

Crypto part of Canada’s ‘core’ financial system, but risk concerns remain

In recent developments, the crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach. Looking closer, market participants…

Kentucky Senate Urged to Strip Hardware Wallet Provision From Crypto Bill

In recent developments, a crypto kiosk bill in Kentucky includes language that could effectively outlaw self-custody, drawing industry backlash. Looking closer, market participants highlight key drivers such as liquidity flows,…

Quantum risk real, but not all crypto wallets equally vulnerable: Galaxy

In recent developments, galaxy Digital’s Will Owens says most crypto wallets aren’t exposed to quantum risks, with vulnerabilities limited to cases where public keys are revealed. Looking closer, market participants…