Sunday, October 11

Business

Dragonfly Pushes Back on DeFi AI ‘Hackpocalypse’ Fears

Fears that artificial intelligence would trigger a wave of catastrophic decentralized finance (DeFi) hacks in what was coined as a “hackpocalypse” have not materialized, according to Dragonfly managing partner Haseeb Qureshi.While the incident count grew to a record high, the…

Businesses remain optimistic despite high taxes, insecurity

Nigerian businesses maintained a positive outlook in June 2026 despite persistent macroeconomic challenges, with high taxes, interest rates and insecurity remaining their biggest operational concerns, according to the Central Bank of Nigeria (CBN). The findings are contained in the June…

South Korea Sets 2027 Tokenized Government Bond Cbdc Pilot

South Korea plans to conduct a 2027 pilot linking tokenized government bonds to its institutional central bank digital currency (CBDC) infrastructure, moving sovereign debt tokenization from a proposal to an official government timeline. On Tuesday, the government unveiled its 2026 Economic…

US Govt Moves 7M Crypto to Coinbase Prime

The US government moved nearly $300 million in seized Bitcoin and Ether to Coinbase Prime on Monday, renewing speculation that the assets could be sold. Data from Arkham shows 3,940 Bitcoin (BTC) (worth $243.95 million) and 30,014 Ether (ETH) (worth $53.09…

US Federal Officers’ Group Backs CLARITY Act

The Digital Asset Market Clarity Act has secured its second public endorsement from a major US law enforcement organization, coming just weeks before what many see as a make-or-break legislative deadline before the Senate’s August recess.In a July 10 statement,…

Reed Smith Launches Aquarius Platform for EU MiCA Compliance

Reed Smith, a global law firm with over 30 offices across North America, Europe and Asia, has launched an automated compliance platform designed to help crypto companies navigate the European Union’s Markets in Crypto-Assets (MiCA) regulation as the bloc enters…

SBI to Debut Stablecoin Lending Service with 3% Yield in Japan

Tokyo-based SBI VC Trade will begin accepting applications Thursday for a Japanese yen-denominated stablecoin lending service offering an initial annualized rate of 3% on JPYSC lent for 12 weeks.Customers will lend JPYSC to the SBI Holdings subsidiary from Thursday and…

Bitcoin May Have Just Two 2026 Bear-Market Months Left

Bitcoin (BTC) starts the new week with a bump as traders brace for more macro volatility.Key points:Bitcoin gets knocked back toward $62,000, but a trader is already eyeing the end of the bear market by September.A new BTC price “death…

Bitcoin Whale Moves 8M for First Time in 7 Years

A wallet last active when Bitcoin was trading near $6,500 transferred $188 million of its holdings in recent days, its first onchain movement in seven years.With the biggest cryptocurrency now trading at around $64,000 apiece, the whale transferred 2,931 Bitcoin…

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