Saturday, October 10

Crypto

Chainalysis-Led Child Abuse Probe Flags 7,700 Accounts

Blockchain analytics firm Chainalysis said a global operation it led identified more than 7,700 suspect accounts linked to child sexual abuse material (CSAM).According to a Tuesday press release shared with Cointelegraph, Operation Lighthouse investigated 29,120 crypto addresses and digital identifiers…

India Plans Tokenized Bond Pilot With Wholesale CBDC

India reportedly plans to launch its first tokenized corporate bonds in September as part of a pilot involving blockchain-based transactions settled using a central bank digital currency (CBDC).REC Limited, a state-controlled Indian power infrastructure finance company, plans to issue less…

Bitcoin Weekly RSI Has Analysts Eyeing A BTC Price Trend Reversal

Bitcoin (BTC) price action is offering mixed signals after hitting $80,000 as traders diverge on market trajectory.Key points:Bitcoin weekly relative strength index (RSI) reaches 58.3, repeating a bullish divergence that accompanied the end of the 2022 bear market.Daily RSI values…

Standard Chartered to Distribute Hong Kong Stablecoin

Standard Chartered Bank (Hong Kong), or SCBHK, has become the first bank authorized to distribute HKDAP, a regulated Hong Kong dollar-backed stablecoin issued by Anchorpoint Financial. On Monday, the bank said it is engaging eligible institutional clients and partners on uses…

US Targets Iran Crypto Sector Over 0M Oil Payments

The US Treasury has expanded its Iran sanctions framework to cover the country’s digital asset sector, citing more than $100 million in crypto payments allegedly used to facilitate Iranian oil sales. On Monday, the Treasury said the Office of Foreign Assets…

BNB Chain Activates Pasteur Hard Fork on BSC

BNB Smart Chain (BSC) activated its Pasteur hard fork on Tuesday, closing bridge verification and validator authorization gaps while introducing a new route intended to fit more transactions into each block. In a Tuesday post, BNB Chain confirmed that Pasteur was…

Korean Bank Taps Ripple For Payments, Pakistan Opens Crypto Licensing: Asia Express

KOREASouth Korea’s Jeonbuk Bank taps Ripple for cross-border paymentsSouth Korea’s Jeonbuk Bank has partnered with blockchain payments company Ripple to deploy its cross-border payment system for business customers.The service targets businesses including import-export companies, technology startups and online content creators. Ripple…

Coinbase launches B20 tokenized stocks on Base

Coinbase’s tokenized US stocks went live on Base Monday, alongside a Chainlink integration providing price data to support their use across decentralized finance applications.Chainlink Data Feeds will provide continuous pricing for Coinbase’s tokenized stocks, including Nvidia, Apple, Meta and Alphabet.…

Circle Gets 0 Target as Bernstein Eyes USDC Growth Cycle

Analysts at Bernstein are bullish on stablecoin issuer Circle, arguing that a new growth cycle for its USDC stablecoin could provide a significant boost for the company over the next 12 months.In a research note published Monday, Bernstein said USDC…

Bitcoin Price Returns To ,000 For First Time In 100 Days

Bitcoin (BTC) passed $80,000 after Monday’s Wall Street open as bulls built on last week’s snap BTC price rally.Key points:Bitcoin hits $80,000 for the first time since mid-May as bullish momentum gathered pace.BTC price analysis warns that the market still…

Strive Expands Bitcoin Treasury with 1,110 BTC Purchase

Strive purchased 1,110 Bitcoin for about $81.5 million last week, bringing its total holdings to 21,356 BTC. According to a Monday filing with the US Securities and Exchange Commission, the company paid an average of $73,409 per Bitcoin (BTC), including…

Crypto Organizations Oppose Illinois Digital Asset Tax in Court

The Crypto Council for Innovation (CCI) and Blockchain Association (BA) filed a lawsuit against Illinois officials regarding the state’s 0.2% tax on cryptocurrency, expected to be enforced starting in January 2027. In a lawsuit filed Friday in the Circuit Court of…

Bitmine ETH Holdings Near 5% as Ether Breaks ,500

Tom Lee’s Bitmine Immersion Technologies continued its accumulation of Ether last week, adding to its holdings as the cryptocurrency staged a sharp breakout following a prolonged downturn.The company disclosed Monday that it purchased 32,447 Ether (ETH) last week, bringing its…

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