Category: crypto

Aave V4 deposits have surged to a record $806 million, with Ethereum Core leading the markets. Active loans have reached $206 million, with EthFi accounting for $62 million. Aave V3 remains larger with $31 billion in deposits. V4’s hub-and-spoke model separates markets, with Avalanche Core hosting $18 million in deposits.

Genius Group plans to raise capital through perpetual preferred securities to build an $827 million Bitcoin treasury and an $800 million AI portfolio by 2031, part of a $2 billion total-asset goal. An initial offering seeks $12.5 million, with funds divided among investments, dividend reserves, and repayment of debt.

Ledger denied being hacked after OneKey replicated a transaction flaw on an old version of Ledger’s Ethereum app. OneKey reproduced the attack on version 1.22.1, but Ledger had already fixed the issue in version 1.22.2. The vulnerability allowed an attacker to manipulate transactions, but there’s no evidence of it being exploited.

BitGo Holdings completed the acquisition of NYDIG’s institutional trading business, adding derivatives, structured products, execution, and financing services to its U.S. institutional platform. Approximately 30 NYDIG employees joined BitGo, and NYDIG will now focus on power, Bitcoin mining, and high-performance computing. Financial details of the acquisition were not disclosed.

The U.S. Securities and Exchange Commission filed civil complaints against 38 entities for allegedly submitting false Forms ADV to pose as legitimate investment advisers targeting retail investors. The allegations include fake addresses, disconnected phone numbers, and missing auditors, with the SEC seeking injunctions, filing bans, and penalties. The defendants may have operated overseas and used…

Dunamu, the operator of Upbit, has partnered with Visa to explore stablecoin payments, international remittances, and AI-driven financial services. The partnership is confirmed, but details such as launch date, blockchain, and pricing remain undisclosed. The companies will be evaluating OUSD models and AI-enabled financial services under this agreement.

Galaxy has partnered with Total Safety to provide 24-hour emergency coverage at its Helios Data Center Campus in Texas. The agreement aims to support local emergency responders and reduce pressure on them, but specific details such as staffing levels and activation dates have not been disclosed publicly.

The Office of the Comptroller of the Currency revised its bank supervision and enforcement framework to focus on material financial risks and substantive violations rather than minor procedural deficiencies. The updated policy manuals prioritize risk-based supervision, escalation, tailoring, and proportionate enforcement actions based on the specific deficiencies of each institution.

BlackRock’s Robbie Mitchnick believes that Bitcoin’s long-term investment case is supported by rising U.S. debt and fiscal deficits. The $40.05 trillion U.S. debt has renewed investor interest in Bitcoin and gold. Mitchnick argues that fiscal sustainability is more important for Bitcoin’s valuation than cryptocurrency market legislation.