Gopax received only a hacking threat email and no losses have been reported so far, yet it halted trading and withdrawals. At the end of September it kept just 80.54% of customer coins in...
By Samsung's count, about 82 million US Galaxy devices are compatible, and Samsung seems to have been able to open USDC accounts on them thanks to rules more than...
A high cold-wallet ratio means the exposed share is small, not that hacks are prevented. The $6.3 billion Binance hack (about 8 trillion won) began with a fake interview task...
About 100,000 Bitcoin sit in Tether's reserves, but if other assets hold their value, Bitcoin would have to fall about 95% before the $7.95 billion excess reserve runs out....
Most of the $1.5 billion Tether earned in the third quarter is interest on U.S. Treasuries and reverse repos bought with dollars USDT holders paid in. Holders only have the...
Of Coinbase's third-quarter net income of $719 million, almost the same amount, $715 million, was a paper gain from a rise in the value of the crypto the company was holding. It did not sell...
Binance says it will cover the roughly $6.3 billion hack loss in full with its user protection fund and company money, but the fund holds only about $1 billion in Bitcoin...
Strategy's four preferred stocks will pay dividends every day, but the 8-12% annual rates stay the same. Splitting the payout into small pieces keeps the share price steadier, makes the shares...
What Ripple received is a trust bank charter with no deposit insurance, not a bank that takes deposits. So RLUSD's $1-per-coin reserve structure and institutional redemption process...
On the day of Brazil's presidential runoff, 78% of trading volume at the crypto exchange Mercado Bitcoin came from companies, not individuals. The exchange said firms used Tether, which is pegged to $1, to prepare on a...
From Dec. 3, coins that leave through Korean exchanges for overseas exchanges or personal wallets will be reported to the Bank of Korea by 11 a.m. the next business day (draft), but coins sent directly between personal wallets are left...
SOFIE, issued by U.S. bank SoFi, is used like a coin but is legally a bank deposit, so it earns 4.4% a year and is covered by FDIC deposit insurance (the U.S. government's protection for bank deposits). Both disappear the moment it is...
About KRW 1.43 trillion flowed into U.S. bitcoin ETFs in three days, yet bitcoin fell to $81,100 on the 22nd. DWF Labs' analysis found that ETF money more often...
Shinhan Card is testing yen stablecoin payments with Japan's SBI but has not said how shops will be paid. In the Binance Pay and PayPay service already live in Japan, the customer pays in...
The US GENIUS Act banned interest an issuer pays "solely for holding," and the final rule from the Office of the Comptroller of the Currency (OCC) dropped draft language presuming rewards from third parties tied to issuers...
On Oct. 16, France's lower house voted 38 to 37 for an amendment that would tax gains at 31.4% the moment crypto is swapped into stablecoins. The rate...
While bitcoin fell as much as 52% from its peak, a Calamos protected ETF that keeps about 90% of its assets in U.S. Treasuries lost just 1%, and BlackRock...
Broadcom, Verizon and seven other companies gave no reasons, but Nasdaq pointed to prices set outside the consolidated tape, and TD Securities to a five-year temporary exemption that...
Stablecoin supply grew 0.4% this year, but payments from January to September rose 45% to $482 billion. No new money came in; coins that already existed changed...
Quantum risk is not the same for every bitcoin. The 6.04 million BTC whose public keys are already exposed come first, and two-thirds of them became exposed through reused...
A BIS analysis finds that even stablecoins, which pay no interest, grow more slowly when U.S. bank deposit rates rise: if rates go up 0.01 percentage points in a week, 10-week...
On Oct. 14, U.S. spot Bitcoin ETFs saw $261.5 million flow out, and two days later (reported Oct. 16) wallets holding 10 to 10,000 Bitcoin hit a record...