In brief Bitcoin’s active investor cost basis at $78,000 stalled the recent rally, with the ETP average cost basis at $83,000 seen as the next key hurdle, according to Schwab’s digital assets strategist. The passage of the CLARITY Act is a major catalyst that could reset momentum in the crypto market. Strong institutional demand from…
The Philippine Securities and Exchange Commission (SEC) has issued a public investor alert warning Filipinos not to invest in dYdX and six other crypto trading platforms, saying they are not registered or authorized to solicit investments in the country. In a Facebook post on Tuesday, the SEC named dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv and…
Fraudulent actors posing as Iranian authorities have reportedly sent messages to shipping companies whose vessels remain stranded west of the Strait of Hormuz, demanding payment in cryptocurrency for safe passage. On Monday, maritime risk company Marisks issued a warning saying unknown groups had contacted shipowners claiming to represent Iranian security services and requesting transit “fees”…
In brief The Arbitrum Security Council has frozen 30,766 ETH worth $71.5 million linked to the weekend’s KelpDAO exploit. The funds can only be moved by further action by Arbitrum governance, the council said. The KelpDAO attackers, thought to be North Korean hackers, have begun moving and laundering funds linked to the exploit. The Arbitrum…
The newly appointed Governor of the Bank of Korea, Shin Hyun-song, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his first public address. Shin, who began his four-year term after an inauguration ceremony in Seoul on Tuesday, said the central bank will advance the second phase of “Project Hangang,” a…
Bitcoin (BTC) rose 2.66% to around $75,800 on Monday after Strategy disclosed a $2.54 billion purchase, the company’s third biggest ever, and equivalent to about 2.5 months of new BTC supply. However, several indicators suggest the rally may fizzle out. BTC/USD daily chart. Source: TradingView Key takeaways: Poor macro conditions can spark BTC price pullback…
A consortium of 12 European banks led by Qivalis has selected Fireblocks to provide infrastructure for a Markets in Crypto Assets Regulation (MiCA)-compliant euro stablecoin, according to a Tuesday release shared with Cointelegraph. The group says it is targeting a launch in the second half of 2026, subject to approval from the Dutch central bank,…
Key takeaways Crypto security is expanding beyond digital threats, with criminals increasingly targeting individuals directly through physical coercion rather than trying to exploit blockchain vulnerabilities or hack wallets. The French case illustrates how attackers used a fake police raid and violence to force a Bitcoin transfer worth $1 million, bypassing encryption entirely by compelling the…
The value of tokenized real-world assets on public blockchains is estimated at more than $29 billion, up more than 10% in the last 30 days. OCBC, one of Singapore’s largest banking and financial services corporations, has launched a tokenized physical gold fund, with the underlying token, GOLDX, issued on both Ethereum and Solana. The launch…
A US senator has reportedly urged Senate Banking Chair Tim Scott to delay the markup for the crypto market structure bill until May, as banking and crypto representatives need more time to resolve disagreements over stablecoin yield provisions. US Republican Thom Tillis of North Carolina told reporters Monday that he does not expect the Senate…