Crypto
Better Mortgage and Coinbase have made a token‑backed, conforming mortgage product generally available to U.S. homebuyers, allowing Bitcoin to be pledged as collateral without a sale. The offering, limited to Coinbase One members, includes rebates and closing‑cost credits aimed at crypto‑rich borrowers.
Crypto
A coalition of U.S. state banking associations is developing a nationwide blockchain network, dubbed the "BankChain Alliance," set for a 2027 launch. This initiative aims to facilitate stablecoins, tokenized deposits, and payments within a regulated financial framework.
Crypto
BlackRock has significantly reduced the minimum threshold for converting self-custodied Bitcoin into shares of its spot Bitcoin ETF, IBIT, from $25 million to $1 million. This move aims to facilitate greater institutional adoption and integration of Bitcoin wealth into traditional financial markets.
Crypto
The Monad blockchain has put forward a significant wallet upgrade initiative aimed at introducing quantum-resistant accounts, advanced key recovery mechanisms, and seamless passkey integration. This proposal seeks to enhance both security and user experience without necessitating a change in existing wallet addresses.
Crypto
Bitcoin has rallied past $80,000 for the first time since May, marking a three-month high driven by renewed investor optimism and a 'debasement trade' impacting the U.S. dollar. The cryptocurrency's surge reflects shifting U.S. Treasury policy and increased demand for digital assets.
Crypto
Ethereum-based lending platform Term Finance has suffered an $8.5 million loss due to a governance exploit, where an attacker reportedly acquired enough voting power to drain its Meta Vaults. The incident underscores significant vulnerabilities in decentralized finance protocols where the cost to control a protocol via voting tokens can be less than the value of the assets it manages.
Crypto
Bitcoin experienced a significant rally, climbing over 20% to surpass $77,000, driven by escalating worries over the United States' national debt and instability in the bond market. This surge marks one of the cryptocurrency's largest weekly dollar gains on record, with prominent investor Ray Dalio advising a partial allocation to Bitcoin as a hedge.
Crypto
Both Bitcoin and gold have experienced a significant resurgence, attracting investor capital as traditional markets face economic uncertainties. This renewed interest positions them as key safe-haven assets amidst broader financial shifts.
Crypto
Bitcoin has experienced significant price fluctuations, sparking investor concern and leading to substantial liquidations across the cryptocurrency market. Analysts warn of extreme volatility as the digital asset struggles to maintain key support levels.
Crypto
Major cryptocurrency advocacy groups have initiated a second lawsuit against Illinois over its recently enacted 0.2% tax on digital asset transactions. This escalating legal battle underscores the industry's strong opposition to the levy and its potential implications for the future of crypto regulation.
Crypto
Zcash (ZEC) experienced a significant price rally, climbing almost 50% to exceed $800, a level not seen since 2018. This surge is primarily attributed to growing speculation that Zcash could be a leading 'next bitcoin' contender, coupled with significant strides made by Grayscale towards converting its Zcash Trust into a spot exchange-traded fund.
Crypto
The MANTRA blockchain network has ceased operations after an exploit leveraged a software vulnerability, causing its native token to plummet to a record low. The incident led to an 18% price drop for the MANTRA token, though it saw a minor recovery.