British bitcoin exchange CoinCorner has debuted a multisig BTC custody service that splits control of customer keys between the Isle of Man exchange and its US partner AnchorWatch — with holdings insured by Lloyd’s of London. The service charges 1.5% a year and is pitched at owners who want cold-storage security without managing hardware themselves, … Read more
Republican Senator Cynthia Lummis has again slammed Democrats over the long-awaited crypto Clarity Act. Writing on X on Tuesday, the pro-crypto lawmaker responded to an article from Semafor that reported Republican senators saying the bill was likely to fail when the senate returns next week. Lawmakers were hoping a crucial vote on the long-awaited crypto … Read more
Washington D.C. , The U.S. Securities and Exchange Commission (SEC) today issued a stern warning to the cryptocurrency market regarding the unchecked proliferation of Artificial Intelligence (AI) driven trading bots. In a press release that sent ripples through the digital asset space, the SEC highlighted a dramatic surge in market manipulation and unpredictable price swings … Read more
Singaporean national Malone Lam pleaded guilty to participating in a racketeering conspiracy that US prosecutors say used social engineering and home break-ins to steal and launder more than $245 million in cryptocurrency. On Tuesday, the US Justice Department said that Lam organized the international operation, identified prospective victims and coordinated other conspirators. The enterprise was … Read more
Robinhood has taken equity stakes in Crypto.com and its newly spun-off prediction market platform OG.com as part of a multi-year deal to use OG.com’s regulated infrastructure for event contracts. Under the agreement, Robinhood will route retail event contracts through OG.com’s Commodity Futures Trading Commission (CFTC)-regulated derivatives exchange and clearinghouse, with the rollout beginning Tuesday for … Read more
StablecoinX appointed former Franklin Templeton digital asset executive Christopher Jensen as CEO, putting him in charge of the largest corporate holder of Ethena’s ENA token. Jensen succeeds Ted Chen, who led StablecoinX through its public listing in June and will remain chairman of the company’s board. StablecoinX, which trades on Nasdaq under the ticker USDE, … Read more
European bitcoin treasury Capital B has announced a BTC buy, snapping up 376 coins — one week after it said Blockstream boss Adam Back was investing in the company. The Euronext Growth-listed company said Tuesday that it now owns 3,521 bitcoins — worth over $277 million at today’s prices — making it the 25th biggest … Read more
Payment giant Visa is connecting its settlement network with onchain lending, giving stablecoin-linked card programs another way to access working capital, potentially expanding the role of onchain lending from crypto markets into payment settlement. The company announced Tuesday that settlement data from VisaNet will be combined with blockchain-based lending infrastructure, allowing lenders to finance payment … Read more
Connecting Excellence Group (XCE) has signed binding Heads of Terms for its first proposed recruitment acquisition, targeting a specialist UK and U.S. recruitment business that generated £1.79 million in revenue and £431,000 in EBITDA over the last 12 months. The target also holds 8.216 Bitcoin. The deal has not yet closed and remains subject to … Read more
Trading platform Robinhood’s blockchain network is expected to generate as much as $160 million in annual fees by 2028, Bernstein analysts forecast in a Tuesday report shared with Cointelegraph. The analysts cited growing demand for tokenized stock trading on the network, which grew to account for about 27% of the chain’s total trading volume, while … Read more