Proof of reserves is crypto’s key to rebuilding trust and transparency
In recent developments, transparency through proof of reserves is essential for restoring and maintaining trust in crypto exchanges, ensuring security through independent audits and verifiable reserves. Looking closer, market participants…
US regulator mulls guidance for tokenized deposit insurance, stablecoins
In recent developments, acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process…
Bitcoin falls to $98K as futures liquidations soar: Should bulls expect a bou…
In recent developments, bitcoin data forecast the drop to $98,000 as key supports failed to generate hefty buying from bulls, and futures traders saw their long positions liquidated. Looking closer,…
Trader torches $3M to punch a $5M hole in Hyperliquid’s vault
In recent developments, a community member called the $3 million wipeout “performance art,” saying that only in crypto do villains torch millions purely for the sake of the plot. Looking…
Funding bill set to reopen US government heads to Trump’s desk
In recent developments, the House passed a funding bill to end the longest US government shutdown in history, which had previously delayed crypto ETF approvals and key crypto bills. Looking…
Funding bill set to reopen US government heads to Trump’s desk
In recent developments, the House passed a funding bill to end the longest US government shutdown in history, which had previously delayed crypto ETF approvals and key crypto bills. Looking…
Bitcoin falls to $101K despite stocks, gold rallying ahead of vote to end US …
In recent developments, bitcoin fell to new weekly lows at $101,300 as US equities and gold rallied ahead of the key vote to end the US government shutdown, signaling a…
Bitcoin price hits $105K as analysis eyes ‘massive’ Binance BTC withdrawals
In recent developments, bitcoin maintained its November pattern of higher lows as it rebounded to $105,000, but traders remained cautious about a potential rejection at key resistance. Looking closer, market…
Canary Capital filing signals spot XRP ETF set for launch this week
In recent developments, canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it…
JPMorgan, DBS eye deposit tokens as cross-bank alternative to stablecoins
In recent developments, as of 2024, at least one-third of commercial banks were exploring or piloting tokenized deposits, according to a survey by the Bank for International Settlements. Looking closer,…
