Category: crypto

FBI Director Kash Patel stated that artificial intelligence is now essential in the bureau’s operations, including threat detection and tip review. This push for AI comes as crypto crime and AI-driven fraud are increasing. Patel’s comments highlight the FBI’s modernization efforts and the need for oversight in using AI for law enforcement.

Ripple’s prime-brokerage unit has secured $200 million in financing from Neuberger Berman to expand margin services for institutional investors. The funding will support margin trading across various markets, following Ripple’s Hidden Road acquisition, aiming to provide a single structure for supporting all major asset classes through a credit line.

Strategy acquired 535 Bitcoin for $43 million, increasing their total holdings to 818,869 BTC. Michael Saylor mentioned potential Bitcoin sales for dividends. Despite a Q1 loss, Strategy continues to invest in Bitcoin. The company has spent $61.86 billion on Bitcoin, maintaining a positive BTC yield. Strategy remains under scrutiny for its Bitcoin strategy.

Morgan Stanley’s spot bitcoin ETF, MSBT, had no net outflows in its first month of trading. It attracted $103 million in inflows within six trading sessions. The ETF’s low fees and strong trading performance set it apart from competitors. Most early investors were self-directed, but MSBT aims to attract more advisors.

Over 600 current and former OpenAI employees sold shares in October 2025, with about 75 reaching the $30 million sale cap. The sale totaled $6.6 billion, valuing OpenAI at $400 billion. The company is preparing for a possible public listing and expanding into financial services. Crypto-linked products are also gaining exposure to OpenAI equity.

Bank of England Governor Andrew Bailey warned of potential clashes between global regulators and the United States over the governance of stablecoins in international payment systems. Bailey expressed concerns about the redeemability of dollar-backed stablecoins during market stress and emphasized the need for common regulatory standards. Bailey’s comments highlighted the risks associated with stablecoins and…

Crypto.com’s UAE entity, Foris DAX Middle East FZE, has received a Stored Value Facilities license from the Central Bank of the UAE, making it the country’s first Virtual Asset Service Provider with this license. This allows Dubai residents to pay government fees with virtual assets through Crypto.com’s regulated platform.

Renegade.fi recovered $190,000 after a white hat hacker exploited a vulnerability in its Arbitrum dark pool and returned over 90% of the stolen assets. The exploit was due to faulty code deployment and migration in April 2025. The incident has raised concerns about DeFi infrastructure security and the need for better design.

Digital Asset Holdings is raising $300 million at a valuation near $2 billion, with a16z crypto leading the round. The company’s focus on privacy-focused institutional blockchains, particularly with its Canton Network, has attracted major financial names like Visa and DTCC. This funding round would mark a significant vote of confidence in Canton’s role in institutional…

The XRP Ledger ecosystem is set to launch two major upgrades that will expand its capabilities beyond payments and settlements. The upgrades include a native lending protocol and smart escrows, aiming to create a decentralized credit hub on XRPL without compromising transaction speed. Ripple is focusing on long-term research, while XRPL Commons is enhancing user-facing…