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South Korea’s BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings
The collaboration aims to bolster Ripple’s ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan’s blockchain-friendly economic zone.
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Pakistan to Set Up Council to Oversee Crypto Policy: Report
The crypto council would be a dedicated advisory body that consists of government representatives, regulatory authorities and industry experts.
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FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds
The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.
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Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware
Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.
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Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next?
In a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.
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CoreWeave Eyes $4B IPO, Could File for U.S. Listing Within a Week: Bloomberg
The AI firm is targeting a valuation of over $35 billion, according to the report.
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Stablecoins Take Center Stage at Senate’s First Digital Assets Subcommittee Hearing
Legislators convened a panel to discuss what stablecoin and market structure bills need to address.
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SEC Drops Probe Into Gemini, Cameron Winklevoss Demands Recompense
In a Wednesday X post, the co-founder and president of Gemini suggested the SEC publicly fire all staff members involved in the investigation.
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Bybit and Safe Custody Are at Odds on Who’s to Blame for $1.5B Hack
The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.
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The Protocol: Ethereum’s Pectra Goes Live on Testnet
Also: Avalanche Visa card launched; EF executive director leaving; hackers using fake GitHub to steal bitcoin.