Institutional
Institutional

A two-key breach could hand control of $91 billion in USDT to hackers, report finds

The rating agency’s new framework combines Wall Street financial auditing with Web3 code reviews to evaluate both off-chain reserves and on-chain security. Read Full Story…
Institutional

Philippines eyes payment operator registration freeze, tighter VASP checks

A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms. Read Full…
Institutional

Bitcoin’s faces a weird new macro reality as the Fed turns off the tap and Treasury opens the floodgates

Bitcoin’s current rally started when the Treasury Department announced on Aug. 19 that, beginning Sept. 9, it would at least double the maximum size of…
Institutional

Bitcoin ETF inflows fall 76% entering Labor Day break as only BlackRock and Fidelity attract fresh money

Seven funds posted positive flows Thursday, but only IBIT and FBTC did on Sept. 4, ahead of Monday’s US exchange closure. The post Bitcoin ETF…
Institutional

Tether-backed Orionx to shut down after audit flags $7M custody gap

Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody. Read Full…
Institutional

Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds

Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions. Read Full Story at Coindesk.com →
Institutional

Zcash breaks $1,000 as its spot ETF crosses $400 million in assets

Zcash broke above $1,000 on Sept. 4, pushing the asset value of Grayscale’s recently listed ZCSH ETF past $400 million less than two weeks after…
AI

Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market

Every interaction with AI uses electricity in a data center. Servers calculate the answer, cooling equipment carries away the heat, and network connections send the…
DeFi

Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders

Its 10.8 million-XRP custody position is 97.5% offset by futures, and CFTC categories complicate the obvious answer. The post Bitwise 14% yield gap in XRP…
Industry News

TikTok’s Parent Company Just Borrowed $30 Billion to Go All-In on AI

Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers. Read the full…