Blockchain gaming platform The Sandbox has pledged to repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained 14.744 SAND, worth about $700,000, from an Ethereum vault. On Thursday, the company published a post-mortem, saying users who legitimately held…

Zcash could emerge as a meaningful challenger to Bitcoin’s dominance among digital assets as the rapid adoption of artificial intelligence puts a premium on financial privacy and fuels concerns over AI-powered surveillance, according to Grayscale. In a new research report, Grayscale…

Virtu Financial, M1X Global and Tradeweb completed an onchain repo transaction using a sovereign digital bond as collateral, with the full transaction settling on the Canton Network.The transaction used USDM1, a US dollar-denominated sovereign bond issued onchain by the Republic…

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…

President Bola Tinubu has urged the Nigeria LNG Limited (NLNG) to reduce gas flaring and ensure Nigeria derives greater economic benefits from its gas resources. The President made the call on Wednesday when he received members of the NLNG board,…

Bolt has been cleared to resume operations at airports managed by the Federal Airports Authority of Nigeria (FAAN), following an intervention by the Minister of Aviation and Aerospace Development, Festus Keyamo. Mr Keyamo, in a statement on Thursday, said he…

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…

As negotiations continue at the 17th session of the United Nations Convention to Combat Desertification (UNCCD COP17) in Ulaanbaatar, Mongolia, the challenge of financing land restoration remains central to efforts to tackle desertification, drought and land degradation. In this interview…