Crypto

Crypto custody firm Copper receives takeover offers below $500m valuation
Potential buyers have submitted bids for Copper, but they fall short of the firm's $500 million asking price.

Bitcoin steadies near $79,400 as crypto market eyes U.S. regulation and geopolitics
Major cryptocurrencies consolidate gains after a volatile week; focus shifts to U.S. regulatory developments and Middle East tensions. Ether, Solana and XRP lead gains among top tokens.

77% of Americans deem crypto too risky for retirement plans: survey
Over three-quarters of U.S. adults view cryptocurrency as a high-risk option in workplace retirement plans, amid broader concerns about retirement security and financial stability.

Next trillion-dollar currency may not be a stablecoin or even named
Industry leaders debate solutions as AI agents prepare for autonomous transactions.

Swift’s $1.5 quadrillion network faces a blockchain test
Blockchain payment infrastructure could disrupt Swift’s dominance, but its vast network may absorb the innovation.

Survey finds Americans favor control and micro-investing over bitcoin's 'digital gold' narrative
A study indicates many prospective investors prioritize accessibility and small-scale investing over bitcoin's traditional value propositions.

MiCA reshapes EU crypto rules as Poland’s plans stall
Poland’s crypto ambitions face setbacks as the EU’s MiCA framework takes full effect.

Global crypto probe flags 7,700 accounts linked to child abuse material
Operation Lighthouse identified over 7,700 suspect crypto accounts tied to CSAM across 125 countries, generating 14,300 investigative leads for law enforcement and exchanges.

Bitcoin falls below $78,000 as US PCE inflation exceeds forecasts
Digital asset declines alongside equities and gold after July PCE data misses estimates. Nvidia earnings due Wednesday expected to drive further volatility.

IPFS maintainer Shipyard to shut operations after funding cut
Shipyard will cease engineering and infrastructure work on Sept. 30 after Protocol Labs declined to renew funding. Core IPFS projects face loss of dedicated maintainers.

India to pilot tokenized bonds with wholesale CBDC
A September pilot will test tokenized corporate bonds issued by REC, with payments via wholesale CBDC.

Ethereum DeFi sees $36 million in liquidations after token move
A sharp price shift in a yield token led to widespread liquidations in Ethereum-based DeFi protocols.

Soluna, Bitdeer to deploy 28 MW of bitcoin mining gear in Texas
Co-mining venture will house Bitdeer’s Sealminer A2 Pro Air rigs at Soluna’s wind-powered Kati 1 data center, with operations ramping from September 2026.

Tokenized equities surge to $590B in perpetual futures amid structural risks
Rapid expansion in tokenized equity trading masks key differences in legal structures, raising questions about investor protections and underlying ownership rights.

Mizuho flags three signs crypto rally has staying power
Analysts point to reduced leverage, resilient retail activity and surging ETF inflows as evidence the latest crypto rebound is sustainable. Robinhood, eToro and BitGo named among beneficiaries.

Bitcoin’s weekly RSI bullish divergence sparks 2022 cycle comparisons
Weekly RSI readings echo mid-2022 patterns as Bitcoin rebounds 25% from recent lows, though daily indicators remain in overbought territory.

Circle shares drop 4% as banks eye stablecoin launches
Circle Internet Group's stock fell after a Wall Street Journal report that major banks are reconsidering stablecoin issuance, threatening its market position. JPMorgan, Bank of America, Wells Fargo and Santander among firms exploring options.

Thailand’s Draft Spot Crypto ETFs Signal a New Frontier for Institutional Adoption
The SEC’s proposal to launch Bitcoin and Ether ETFs on the Stock Exchange of Thailand could reshape Asian crypto markets, but investors must weigh regulatory clarity against execution risk.

Thailand advances draft rules for Bitcoin, Ether ETFs
Regulator seeks public feedback on proposed regulations for spot crypto ETFs and foreign digital asset custodians. Trading would be limited to the Stock Exchange of Thailand.

MultiversX upgrades blockchain with Supernova to separate consensus from execution
Protocol upgrade aims to resolve scaling bottlenecks by decoupling consensus from execution, enabling faster block production and lower latency for high-frequency applications.

Stable Sea adds two WisdomTree tokenized Treasury funds to digital platform
Stable Sea Terminal now offers three SEC-registered WisdomTree tokenized funds, including two new additions, expanding access for eligible business users via WisdomTree Securities.

Standard Chartered to distribute Hong Kong dollar stablecoin to institutional clients
SCBHK becomes first bank to offer HKDAP, a regulated HKD-backed stablecoin, for tokenized fund settlements and cross-border payments. Rollout begins with institutional clients and expands to broader commercial applications.

Galaxy Research estimates $114.7m lost in Coldcard Bitcoin hack
Researchers track 1,789 BTC stolen from 8,865 addresses, with 87% of funds still unmoved. Attackers linked to initial waves have not spent any of the stolen holdings.

Las Vegas man convicted in $24M crypto Ponzi scheme, faces up to 280 years
Brent Kovar found guilty of wire fraud, mail fraud and money laundering after defrauding 400 investors with false AI crypto mining claims and guaranteed returns. Sentencing set for Nov. 30.

