Crypto
$245 million crypto heist led by Singaporean man Lam as Bitcoin holds near $79,000 amid $246 million liquidations
Lam pleaded guilty to leading the fraud ring that stole 4,100 bitcoin and spent proceeds on luxury items. Simultaneously, Bitcoin traded at $79,624 after nearly $246 million in positions were liquidated.
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U.S. Bank completes first live cross-border stablecoin payment on Stellar
The Minneapolis-based bank successfully processed a transaction involving its proprietary USBDC stablecoin between North American and European entities. This marks the debut of the fifth-largest U.S. commercial bank's blockchain integration.
$400 million private credit fund launches with $3 billion target
Tether and Fasanara Capital announced a new fund designed to raise up to $3 billion in institutional capital.
Senate scheduled cloture vote on CLARITY Act for Tuesday
The US Senate plans to attempt passage of the Digital Asset Market Clarity Act this Tuesday with help from some Democrats. Failure could delay clear cryptocurrency regulations until 2030.
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Bitcoin ETF inflows reach $731 million as price reclaims $80,000 level
Payward joins SoFi Exchange Network for round-the-clock US dollar settlement
Standard Chartered launches spot Bitcoin and Ether trading for institutional clients in UAE