Tag: Digital

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Treasury Moves on GENIUS Act as Deadline Pressure Builds

TLDR The U.S. Treasury proposed new federal definitions for stablecoin issuers under the GENIUS Act framework. The proposal opens a 60-day public comment period...

Bitpanda Hit With Europe’s First Published MiCA Penalty in Austria

In brief Austria's FMA fined Bitpanda 70,000 euros (~$82,000) in what stands as the first publicly disclosed enforcement penalty under the EU's Markets in...

KuCoin’s new perp rule can turn one funding-rate extreme into 36 hours of hourly settlements

KuCoin activated a rule after 08:00 UTC on Aug. 17 that moves USDT- and USDC-margined perpetual contracts to hourly funding settlement once their...

Ripple Lands 3rd Korea Deal, Jeonbuk Bank Brings 24/7 Crypto Payments to Firms

Key Takeaways:Jeonbuk Bank is the first regional bank in Korea to use Ripple Payments.The service allows cross-border settlement near real time 24/7 for...

‘Fabricated Rumors’ About BitMart Founder, Binance bStocks Dominate: Asia Express

BitMart account demands founder explain funds status, Xia calls claims ‘fabricated’BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain...

Kraken Parent Payward Joins Glasswing, Gets Access to Claude Mythos to Hunt Security Flaws

In brief Kraken parent Payward has joined Anthropic’s Project Glasswing and is using Claude Mythos 5 for cybersecurity. The company said Mythos 5 will scan...

Kraken’s parent Payward joins Anthropic’s Project Glasswing, taps Claude Mythos 5 for security

AI is also emerging as a growing threat to crypto companies, giving attackers tools to find vulnerabilities faster, automate attacks and make phishing...

Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research

New data from Galaxy Research shows that $115 million in bitcoin has been lost in the Coldcard theft.  Writing on...

Saylor says share buyback isn’t a priority as it builds its $4.8 billion cash reserve, though a possibility

It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough.The...

Today’s Top Stories: RTX Wins $22.9 Billion Missile Contract, Micron and Sandisk Rally on AI Demand

TLDR RTX’s Raytheon division won a $22.9 billion, seven-year contract to scale up Tomahawk cruise missile production Micron gained around 6% and Sandisk jumped...

BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees

"We have collected full evidence of the content on X, all of which is fabricated rumors," Lee said. "During daytime US time, we...