The Basel Committee on Banking Supervision has released a final disclosure framework for banks’ crypto exposures and made targeted amendments to its cryptoasset standards. These standards are set to come into effect on January 1, 2026. The Committee, which is part of the Bank for International Settlements (BIS), has been working on this framework for
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In a recent announcement, the bankrupt crypto lender BlockFi shared that they will be initiating the first interim distribution of funds to their clients via Coinbase. This move is a significant step in their ongoing efforts to repay their clients who were affected by the bankruptcy. The distribution of funds is set to begin this
DeFi Technologies, a prominent Canadian fintech company, has recently made significant moves in the crypto space by acquiring a large batch of Bitcoin (BTC) as part of its treasury strategy. This acquisition comes on the heels of their initial purchase of 110 BTC in June, further solidifying their commitment to digital assets. In addition to
Stardust, a web3 gaming infrastructure company, has recently unveiled Starbase, a platform that merges consumer rewards and social gaming into a unique experience. Starbase brings together player rewards and social gaming in a space filled with engaging missions and challenges catering to all types of gamers, from casual to hardcore. A significant aspect of Starbase
The crypto exchange OKX recently announced its decision to select Malta as its Market in Crypto-Assets (MiCA) hub to cater to the 450 million residents of the European Union. By establishing its presence in Malta, OKX aims to provide services’ in compliance with local regulations while ensuring seamless deposit and withdrawal connectivity to local bank
The recent news of the German government’s swift and extensive sale of Bitcoin has garnered attention within the cryptocurrency community. The government’s sale of approximately 49,858 BTC over a period of just two weeks was rooted in legal obligations stemming from the seizure of digital assets linked to the “movie2k” complex. The sale proceeds, totaling
Bitcoin’s price has shown signs of recovery after a period of bearish price action. The market has found support at the $56K level, and the 200-day moving average around $60K has been reclaimed. Despite this positive momentum, the price is struggling to break above the $65K resistance level, facing rejection in the last three days.
In a recent report by blockchain security firm Cyvers Alert, it was revealed that the Indian exchange WazirX fell victim to an exploitation resulting in the loss of approximately $235 million. According to Cyvers, multiple suspicious transactions were detected involving WazirX’s Safe Multisig wallet on the ETH network, with a total of $234.9 million being
As Joe Burnett, Senior Product Marketing Manager at Unchained Capital, pointed out in a recent YouTube video, the current market may be significantly underestimating Bitcoin’s potential this cycle. Unlike traditional market analyses that tend to compare Bitcoin’s performance in the current cycle to historical data, Burnett argues that it is crucial to consider Bitcoin within
The price of Shiba Inu (SHIB) has been quite volatile recently, surging substantially before dropping 4.5% in the past 24 hours. This sudden decrease comes after a period of significant growth where SHIB’s price jumped by almost 20%. Currently, SHIB is valued at approximately $0.00001868, reflecting the recent decline. Along with the decrease in SHIB’s