Key Takeaways CZ roasted the absence of criminal charges following Bank of America’s $1.21 billion penalty. The Treasury found Bank of America failed to timely report more than $5 billion in suspicious transactions. Bank of America must review missed transactions and strengthen its compliance controls. CZ Takes Swipe at Bank of America After $1.21 Billion…
Key Takeaways Security firm Blockaid identified an $86,000 exploit against UNCX’s shared Ethereum vesting pool on Oct. 14. Exvul security researchers traced the UNCX vulnerability to faulty share accounting that exposed deposits from 5 tokens. UNCX restricted new vesting positions as questions persisted over $3.25 million remaining in the pool. How an $86,000 Exploit Turned…
Key Takeaways Analyst projects bitcoin beyond $175,000 over the next few quarters. Miners’ AI expansion may ease selling pressure, the analyst argues. The GENIUS Act is expected to take effect Jan. 18, 2027. $175K Bitcoin Outlook Linked to Institutional Ownership Broader ownership and access to capital have strengthened bitcoin’s resilience since the crypto lending failures…
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manny Pay, the digital wallet backed by former Sen. Manny Pacquiao, will shut down all operations on Nov. 10, transferring unspent customer balances to third-party provider Traxion Pay Inc. The closure takes place roughly one…
Key Takeaways Mena identifies $85,000 as resistance before a potential $90,000 advance. His analysis finds a 1.21% average weekly gain after hotter core CPI prints. The strategist targets $2,800-$3,000 for ether and $130 for solana. Bitcoin’s $90K Forecast Faces an $85K Test Bitcoin could regain $85,000 and move toward $90,000 after upcoming economic releases, Matt…
Key Takeaways Brooklyn prosecutors and the FBI dismantled 241 scam websites and 112 servers tied to an international crypto fraud operation. The scheme stole tens of millions of dollars from Russian-speaking Americans, including Brooklyn residents. Criminals targeted victims a second time with bogus recovery services promising to retrieve stolen cryptocurrency. Brooklyn Prosecutors and FBI Dismantle…
Key Takeaways Polygon Labs completed its acquisition of Coinme, expanding its regulated payments coverage to 48 U.S. states. Polygon’s Open Money Stack is a unified platform connecting stablecoins, banking services, and blockchain payments. Tazapay, Mesh, Toku and Kira are early adopters, using the platform for cross-border payments, payroll, and financial services. Polygon Gets Regulated Payments…
Key Takeaways Standard Chartered now lets wealthy UAE clients trade bitcoin and ether directly through their bank accounts. The bank partnered with Zodia Markets to offer crypto trading, custody, and settlement services. Dubai’s VARA approved the service, which initially supports only bitcoin and ether for eligible clients. Standard Chartered Brings Crypto Trading Directly to UAE…
Key Takeaways Lewis Barber seeks 324.8 BTC from Bitmex over 1,053 losing derivatives trades between 2018 and 2022. Barber’s claim alleges Bitmex offered regulated derivatives in Britain without the required FCA authorization. Bitmex says HDR Global Trading Limited has not been formally served with Barber’s lawsuit. British Trader Challenges Four Years of Bitcoin Losses Lewis…
Key Takeaways Bitcoin treasury firm Strive acquired another 2,822 BTC for $235 million, lifting its corporate treasury to 35,595 bitcoin. Strive overtook MARA by just 18 BTC, becoming the fourth-largest publicly traded bitcoin treasury. Strive reported $369.2 million in expected warrant proceeds as it pursues further bitcoin acquisitions. Strive Adds 6,133 Bitcoin in Days, Claims…
