India plans to test tokenized corporate bonds in a September pilot, with state-controlled REC issuing the debt and select investors using wholesale CBDC payments. India reportedly plans to launch its first tokenized corporate bonds in September as part of a pilot involving blockchain-based transactions settled using a central bank digital currency (CBDC). REC Limited, a...Continue Reading

The funding loss leaves InterPlanetary File System software without dedicated maintainers and puts the future of key public services in Protocol Labs’ hands. InterPlanetary File System (IPFS) maintainer Shipyard will wind down its engineering, maintenance and infrastructure operations on Sept. 30 after Protocol Labs declined to renew its funding. The funding loss will leave projects...Continue Reading

Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians. Thailand’s Securities and Exchange Commission (SEC) has advanced its framework for locally listed spot Bitcoin and Ether exchange-traded funds (ETFs) from proposed principles to draft regulations while revising its approach to foreign digital asset custodians. The...Continue Reading

Bitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals. Bitcoin (BTC) price action is offering mixed signals after hitting $80,000 as traders diverge on market trajectory. Key points: Read moreContinue Reading

The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking. Standard Chartered Bank (Hong Kong), or SCBHK, has become the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial.  On Monday, the bank said it is engaging...Continue Reading

Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin. The vast majority of Bitcoin stolen in the Coldcard hack remains unmoved, according to researchers tracking one of the largest hardware wallet exploits. Galaxy Research has attributed the theft of 1,789.28 Bitcoin from 8,865...Continue Reading

Bitcoin ETFs have drawn $2.26 billion over six trading days, while year-to-date net outflows have narrowed to about $2.57 billion. US spot Bitcoin exchange-traded funds (ETFs) recorded $337.6 million in net inflows on Monday, marking their sixth consecutive trading day of inflows totaling $2.26 billion. The new inflows have cut the Bitcoin ETFs’ year-to-date net...Continue Reading

A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors. A business owner in Las Vegas faces a statutory maximum sentence of 280 years in prison after a federal jury convicted him of running a $24 million crypto Ponzi scheme that...Continue Reading

The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales. The US Treasury has expanded its Iran sanctions framework to cover the country’s digital asset sector, citing more than $100 million in crypto payments allegedly used to facilitate Iranian oil sales.  On...Continue Reading

BNB Chain activates the Pasteur hard fork on BSC, closing bridge and validator security gaps while targeting greater transaction capacity. BNB Smart Chain (BSC) activated its Pasteur hard fork on Tuesday, closing bridge verification and validator authorization gaps while introducing a new route intended to fit more transactions into each block.  In a Tuesday post,...Continue Reading