Growing ETF inflows into XRP highlight investor interest despite price stagnation, suggesting potential long-term confidence in the asset. The post Bitwise and Franklin ETF clients buy $7.24 million in XRP appeared first on Crypto Briefing.
The attack used access-control flaws in FlashLoopAdapter to take funds from two Safe multisignature addresses.
Global payments giant Fiserv has launched its digital asset platform, featuring Roughrider Coin as the first use case. This USD-backed stablecoin, initiated by the Bank of North Dakota, aims to revolutionize banking services for financial institutions. With access to over 90 banks and credit unions, this move could significantly enhance the adoption of digital assets […]
El Salvador continues its unique economic experiment with Bitcoin as legal tender, recently receiving a significant waiver from the IMF. This waiver allows the country to access a $139 million disbursement while maintaining its $1.4 billion Extended Fund Facility despite breaching Bitcoin-related conditions. The IMF’s action highlights a balancing act between financial support and caution […]
The SEC has confirmed a new proposal regarding crypto custody for investment advisers and regulated funds. This proposal includes provisions for self-custody in certain situations and allows state trust companies to serve as custodians. This shift could modernize compliance pathways for crypto asset management, impacting how investment advisers operate in the evolving landscape of digital […]
Eleanor Terrett recently revealed proposed regulations concerning self-custody of crypto assets by Registered Investment Advisors (RIAs). The new rules would mandate that RIAs establish written agreements with clients, ensuring that crypto assets held in self-custody are treated as financial assets under Article 8 of the Uniform Commercial Code. This move aims to enhance investor protections, […]
Citi Research questions whether the Federal Reserve (Fed) needs the aggressive hikes markets are pricing in. The bank holds that view even as it forecasts global headline inflation of 3.5% this year. The Fed raised rates in September, which Citi links to a durable economy and inflation above target. However, a team led by Global […]
While most altcoins traded sideways today, Convex Finance broke ranks with a remarkable 10.05% increase in price, climbing to $2.3 in the last hour. This sharp movement highlights significant trading activity, reflecting shifting investor sentiment in the crypto market. It’s worth noting that the market cap of Convex stands at approximately $214 million, underscoring its […]
AI agents and other bots now generate about 57% of web requests, according to Cloudflare data. Internet infrastructure stocks, which carry that traffic, are climbing. Cloudflare CEO Matthew Prince expected bots to pass humans by the end of 2027. Instead, he said, it happened in May. Who Profits When Bots Send Most Web Traffic? These […]
The U.S. Securities and Exchange Commission has issued a statement inviting public comments on the affiliations between registered national securities exchanges and broker-dealers. This inquiry could significantly impact trading dynamics within the market, as the SEC looks to address how these relationships function within the framework of existing regulations. For more details, see the official […]
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