Category: crypto

The European Union is moving forward with plans for a digital euro, considering public blockchains like Ethereum and Solana for issuance. The European Central Bank is preparing for the launch, with a timeline set until October 2025. The decision is driven by strategic autonomy and aims to reduce dependence on non-EU payment rails. EU regulations…

FTX creditors have sued Kroll for mishandling claims, causing financial harm and exposing sensitive information to cybercriminals. Kroll knew emails were unsafe but continued sending critical notices via email. The lawsuit aims for compensation for losses related to phishing attacks and delays, as well as demanding practical reforms for better communication and security controls.

Apple has released updates to iOS and macOS to fix a zero-day exploit in the ImageIO framework that could allow attackers to execute code by manipulating images. The flaw could be used in sophisticated attacks targeting specific individuals, impacting recent iPhone and iPad models. Users are urged to update their devices immediately.

Top Win International rebranded as AsiaStrategy, accepting Bitcoin for watch sales. The company merged with Sora Ventures to pursue Bitcoin treasury and capital markets strategy. Strategic investments in Metaplanet and HK Asia Holdings were made. WiseLink led a $10 million convertible note investment. The company aims to propagate a listed company Bitcoin playbook in Asia.

Coinbase CEO Brian Armstrong predicts Bitcoin could reach $1 million by 2030 due to improved regulatory environment and government adoption. Clarified regulations will attract institutional capital, with the US government holding a BTC reserve. Other factors include crypto ETF interest and stablecoin legislation. Industry experts support Armstrong’s bullish forecast.

Ripple plans to expand its RLUSD stablecoin into Japan by 2026 in collaboration with SBI VC Trade. The move aligns with Japan’s push to clarify stablecoin regulations. RLUSD’s market capitalization has grown to $666.74 million with institutional adoption increasing. RLUSD is the first digital asset in the US to operate under both state and federal…

Allianz endorsed Bitcoin as a credible store of value in a recent investment report, marking a significant shift from its previous stance. The report highlighted Bitcoin’s deflationary design, decentralised governance, and low correlation to traditional markets. Allianz cited institutional adoption and infrastructure development as key factors in Bitcoin’s legitimization and predicted continued integration into mainstream…

MetaMask plans to launch its own stablecoin, mUSD, on Ethereum and Linea L2 in collaboration with Bridge and M0. The stablecoin will be fully backed by dollar equivalent assets and integrated into major DeFi protocols. This move aims to increase liquidity and value locked in the ecosystem, allowing users to easily swap, transfer, and spend…

A recent report by Delphi Digital suggests that Bitcoin may face a slowdown in performance in the coming weeks due to global M2 money supply peaking in September. The report highlights the relationship between BTC and M2 data, with potential implications for Bitcoin’s performance based on Treasury issuance and liquidity conditions.

A report by Coinbase predicts stablecoins could grow to a $1.2 trillion market by 2028, impacting U.S. debt markets. Issuers may need to purchase $5.3 billion in Treasury bills weekly, potentially reducing yields. Regulatory oversight and risk management are key as stablecoins become more integrated into global finance, affecting Treasury markets.