The bank expects Sky to pass five times as much value to token holders by 2028 as USDS adoption and borrowing capacity continue to expand. Standard Chartered initiated coverage of Sky’s SKY token with a $0.325 price target for the end of 2028, up fivefold from the $0.065 price cited in a Friday report shared...Continue Reading

Bitcoin HODL waves data revealed an unusually muted reaction to Bitcoin’s drop below $58,000, raising questions over its status as a bear-market floor. Bitcoin (BTC) buyers avoided “buying the dip” as BTC price fell to $57,800 in July, analysis reports. Key points: Read moreContinue Reading

A Russian-speaking operator targeted more than 20 organizations, while a Mali consultant used Claude to build a mass-surveillance platform. Russian- and Chinese-speaking operators used Anthropic’s Claude to automate cyberattacks, the company said in a Thursday report. Russian-speaking operator “JackPoterz” used customized AI-driven workflows to automate large parts of the attack chain, targeting more than 20...Continue Reading

Blockstream said it would work with law enforcement, exchanges and forensic specialists to recover the Bitcoin if the hackers do not return it. Bitcoin infrastructure company Blockstream said it will not pay a ransom to recover funds still held by the Liquid Network hackers. “Taking assets without authorization and withholding their return is a crime,...Continue Reading

Bankman-Fried’s lawyers challenged the exclusion of evidence about customer losses and argued that his $11 billion forfeiture was excessive. Former FTX CEO Sam Bankman-Fried reportedly asked the US Supreme Court to overturn his 2023 fraud conviction. He sought a new trial and the reversal of an $11 billion forfeiture order, according to a Thursday court...Continue Reading

BWOW held about $688,000 in net assets as of Sept. 9. Trading is expected to end Oct. 14, with cash payouts to follow around Oct. 22. Bitwise plans to liquidate its Dogecoin exchange-traded fund (ETF) in October, less than a year after launching the product. The asset manager said Thursday that it was closing the...Continue Reading

The bill’s ethics section remained largely unchanged despite being one of the main points of contention ahead of a pivotal Senate vote. A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must comply with securities, commodities and anti-money laundering (AML) requirements....Continue Reading

Trezor told Cointelegraph that the phishing email was sent to 347,000 subscribers and said it is treating every address as “known to the attacker and possibly reusable for phishing.” An attacker exploited a flaw in email platform Brevo’s login system to access 138 client accounts, enabling a phishing email to reach roughly 347,000 Trezor newsletter...Continue Reading

Shareholders of Bitcoin treasury company Metaplanet are seething over equity allocations for insiders, while new figures cement Singapore’s role as the top Asian crypto hub. JAPAN Japanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns.  Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option...Continue Reading