BNY, the world’s largest custodian bank, plans to support the settlement of conventional and tokenized US Treasuries around the clock in 2027, after completing an after-hours trade involving the reserves of 2 stablecoin issuers. The bank will test tokenized government bonds on a private blockchain by the end of the year and will expand its […]
How BNY plans to eliminate the weekend lag in US Treasuries Read More »
Bitcoin traded near $65,400 on Thursday, down 0.3% on the day and up 1.4% on the week, as per CoinDesk data. The market remained quiet through Alphabet’s earnings, the report that had been waiting all week to read about AI spending. Alphabet issued a split verdict. Revenue rose 24% to $119.8 billion and cloud grew
Bitcoin trades above $65,000 as Alphabet’s major AI bill supports the chip trade Read More »
A major investment firm and a Canadian uranium enrichment company bet on nuclear power three years ago by buying Westinghouse, an energy company that had fallen on hard times. Now that bet is proving prescient. Rising demand for electricity, fueled by data centers, and renewed bipartisan and global interest in nuclear power have made Westinghouse
Nuclear Energy Revival puts Westinghouse in prime position Read More »
The exchange has immediately stopped all new account registrations following a strategic business review by the parent company, HDR Global Trading Limited. The settlement ends an 11-year run for the Seychelles-incorporated venue, which debuted in 2014 and pioneered the basic plumbing for modern digital asset derivatives trading. The settlement forces an immediate reduction of risk
BitMEX is notifying users that it is shutting down operations after an 11-year run Read More »
Bitcoin Stable at $65k as Clarity Act Progress Focuses
Bitcoin Stable at $65k as Clarity Act Progress Focuses Read More »
Bond markets are already reacting. The U.S. two-year Treasury yield jumped to 4.31%, the highest level since February 2025, while the benchmark 10-year yield rose to 4.66%, the highest since May, according to TradingView data. Higher yields increase the opportunity cost of holding non-yielding assets such as bitcoin and gold, often causing investors to rotate
BTC Withers as Clarity Act Odds Fall. US deploys B1 bombers against Iran Read More »
The contract treated the withdrawal as valid and released the funds after a dispute period of 200 seconds. The bridge did exactly what it was designed to do, but the keys that authorized it were apparently in the wrong hands. The attacker then converted the stolen USDC to Ethereum, exchanging it for about 12,467 ETH,
Arbitrum-based AFX Trade drained $24 million after bridge keys compromised Read More »
Payments-focused cryptocurrency XRP’s price has risen over 8% in five weeks, and during this time there has been a notable divergence in the accumulation trends of large holders or whales and small holders. According to on-chain data from Santiment, wallets holding between 100,000 and 100 million XRP have added 2.8% more coins to their balance
Whales accumulate when small holders capitulate Read More »
A group of Democratic senators said in a statement late Wednesday that the bill still “lacked” where it needed to be to get their support, but that they would continue to work on it with Republicans. Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, argued on Wednesday that the policy as written
Ethics, other provisions of the crypto Clarity Act need further discussion Read More »
The latest draft of the crypto market structure bill is “missing” where it should be on ethics and other provisions, a group of US Senate Democrats said Wednesday. Senators Angela Alsobrooks, Cory Booker, Catherine Cortez Masto, Ruben Gallego, John Hickenlooper, Mark Warner and Raphael Warnock — a core group of negotiators likely to be needed
