South Korean financial group Mirae Asset plans to build a 150 trillion won ($109 billion) digital asset business around Digital X, the crypto exchange formerly known as Korbit, according to The Korea Times.The report said Digital X will focus on…

The nonprofit consumer advocacy organization Public Citizen reported that US President Donald Trump “left investors at least an estimated $4.7 billion underwater” since 2022 through his and his family’s digital asset ventures.According to Public Citizen, investors lost billions of dollars…

Bitcoin’s August rally has revived some of the mining sector’s most beaten-down stocks, reversing a trend that has favored miners pivoting toward artificial intelligence and high-performance computing and suggesting investors may once again be rewarding direct exposure to Bitcoin.In its…

Bitcoin (BTC) rebounded toward $81,000 around Thursday’s Wall Street open as Nvidia earnings boosted US stocks.Key points:Bitcoin reclaims $80,000 as $96.2 billion Nvidia earnings provide a boost to crypto and US equities.Expectations are running high ahead of Fed chair Kevin…

US financial services giant Charles Schwab plans to add Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its crypto trading platform in the coming months, expanding its direct cryptocurrency offering beyond Bitcoin (BTC) and Ether (ETH).Schwab Crypto began rolling out…

Ripple Prime, Ripple’s multi-asset prime brokerage business, launched a Delta One service for institutional investors, expanding into US equity derivatives.The offering allows clients to execute total return swaps linked to US-listed equities, indexes and digital assets, Ripple said in a…

The UK is moving to put stablecoins at the center of a new Bank of England mandate aimed at supporting innovation in digital payments.The government plans to give the Bank of England, the UK’s central bank, a secondary objective to…

Bitcoin (BTC) has struggled to flip $80,000 into support in recent days, but bulls’ real challenge is still to come, new research says.Key points:Bitcoin long-term holders add to BTC price resistance below $86,000, Glassnode reveals.Buyer demand must overcome this area…

South Korean cryptocurrency exchange Bithumb has reportedly won first-instance rulings in two lawsuits against its users to recover proceeds from Bitcoin it mistakenly credited to their accounts.The Seoul Central District Court ruled for Bithumb on Wednesday and Thursday in two…

Tokenized deposits could make bank funding less stable and raise credit costs for US households and businesses, according to an analysis by two economists at the Federal Reserve Bank of Dallas. Economists Rosie Levy and Srini Ramaswamy said instant settlement could…

US-listed spot Bitcoin exchange-traded funds (ETFs) drew $232.1 million in net inflows on Wednesday, slowing from the previous day while extending their inflow streak to eight trading days.The latest inflow was down about 26% from Tuesday’s $314.4 million and marked…

StarkWare researcher Avihu Levy has tested an experimental quantum-resistant transaction on the Bitcoin mainnet, in what the company described as the first transaction of its kind. According to StarkWare, the transaction was confirmed Wednesday in Bitcoin block 964,199. Onchain data shows…

Blockstream co-founder and CEO Adam Back has a reputation as a quantum computer skeptic who believes the technology is so immature the threat won’t materialize for decades.Which makes it all the more fascinating that his company is one of the…

Better Mortgage and Coinbase have made their Bitcoin-backed mortgage product generally available, allowing US homebuyers to pledge Bitcoin as collateral for a down payment without selling it, the companies announced Wednesday.According to Coinbase’s Help Center, the product pairs a Fannie Mae-backed home…

Bitcoin (BTC) slipped under $78,000 following Wednesday’s Wall Street open after US inflation data came in above expectations.Key points:Bitcoin sees further downside after US PCE inflation data came in 0.1% higher than expected in July.Markets await Nvidia Q2 earnings release…