Headlines

US seizes domains of Chinese botnet used to hack NASA, Justice Department, and the Senate

The FBI has seized a series of domains that were used by a large-scale botnet to coordinate and launch China-backed cyberattacks against American targets. According to the Justice Department’s statement on Wednesday, the seizures of the botnet’s domains deny the operators access to the platforms. The botnet was allegedly used by the Chinese government to…

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Stablecoin compliance could decide institutional winners: Aquanow CEO

Stablecoin compliance could determine which issuers win institutional adoption as new US accounting and regulatory rules raise standards for redemption, reserves and risk controls, according to Aquanow CEO Phil Sham. Summary FASB has proposed clarifying when certain digital assets may qualify as cash equivalents. Direct redemption rights could make the same stablecoin receive different accounting…

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Blackrock Drives $431 Million Into Bitcoin and Ether ETFs

Key Takeaways Blackrock’s IBIT led $314.37M into bitcoin ETFs on Tuesday, extending inflows to seven sessions. Solana, XRP, and HYPE gained $63.63M combined, showing institutional demand is broadening. Grayscale launched ZCSH with $314M in assets, testing demand beyond major crypto ETFs. Blackrock Captures Over 90% of $314.37M Bitcoin ETF Inflow The late-August bid showed no…

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