Finance

Largely unnoticed until Monday, stakeholder Justin Sun confirmed a $8 million hack in a tweet

While the revelation is “a little disappointing,” CoinShares head of research says the impact on the stablecoin’s “robustness” is likely limited

Europe-based crypto ETP specialist looks to offer qualified US investors bitcoin and ether strategies amid “the long-awaited return of interest rate-driven volatility”

Certain creditors could be repaid sooner, with one hedge fund exec telling Blockworks it expects a payout by the end of the year

The donations were allegedly given by Joe Bankman, Sam Bankman-Fried’s father

The Nomura-backed company’s first product is set to be followed by funds across traditional and digital asset classes, exec tells Blockworks

It would make sense for the third-largest ETF provider by assets — a dominant player in the gold ETF space — to file for a bitcoin fund, market observers say

JPMorgan is showing interest in similar solutions, but is still in the early exploration stage

Despite clear growth in ETH staking post-Merge, barriers like regulatory uncertainty and the macro environment have kept some institutions on the sidelines

Wednesday’s announcement signifies increasing harmony between the global financial system and the digital assets industry

The company cites “business reasons” for no longer offering trading services via its British Virgin Islands-based subsidiary, according to a Thursday memo to clients

Analysts agree that while the crypto market has been plagued by poor liquidity, social sentiment can be a useful tool to track the buzz surrounding ether’s potential spot ETF

Coinbase CEO labeled bitcoin “the most important asset” Tuesday following an announcement his company would integrate Lightning

After the latest proposals by Franklin Templeton and Hashdex, the SEC is now considering 30 or so bitcoin- and ether-related ETFs

Unsecured creditors could expect a recovery rate between 70-90% according to the plan

The numbers may be relatively small for now, but the “proof point is real,” says Lobban

Lightspark CEO David Marcus aims to address the absence of a worldwide internet protocol for global money transfers

Dunhill Family Office and Mocha Ventures look to raise 30 million euros for fund backing traditional companies looking to solve real-life issues via Web3

The $1.4 trillion asset manager joins BlackRock, Fidelity and others in pursuit of such a product two weeks after Grayscale’s court victory against the SEC

OKX, Phantom and Braavos execs chatted about the future of crypto wallets and more importantly, what needs to change for success to happen

Mastercard is focused on “delivering choice” in how people pay with its new CBDC program

Mumtaz insists Visa’s recent expansion of stablecoin settlements to Solana is good for all of crypto

Grayscale Investments’ August victory over the SEC in the DC Circuit Court of Appeals catalyzed the latest ether ETF filings, a segment observer says

By leveraging XRP as a bridge currency, SBI Remit is hoping for quicker, more cost-effective money transfers across Southeast Asia

“Just a single stablecoin payment at the top of the stack can lead to a compounding set of them further down,” industry CEO says