Crypto

Hackers Behind $140M Brazil Banking Heist Turn to Crypto to Launder Their Loot

A group of hackers that gained unauthorized access to the Central Bank of Brazil’s service provider has started laundering a portion of its $140 million haul using cryptocurrencies, according to On-chain analyst ZachXBT. The researcher revealed on …

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Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam

A recently launched crypto ETF in the U.S., which offers diversified exposure to digital assets along with options income, is gaining traction in a sign that investors are looking beyond traditional, single-spot-focused products. The Nicholas Crypto …

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Crypto Tax Proposal That Didn’t Make it to Trump’s Budget Bill Pushed on Its Own

Tax proposals meant to reduce burdens among crypto users, including one that would waive capital-gains calculations for small-scale transactions, didn’t make it into President Donald Trump’s marquee budget bill but are now being pursued as standalone …

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JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts

The stablecoin market is poised to grow to $500 billion by 2028, according to JPMorgan (JPM) strategists, a projection that falls well short of some of the more exuberant forecasts calling for a $1 trillion to $2 trillion market cap within the same …

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Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s …

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The Protocol: Ethereum’s Vitalik Buterin Says the Ecosystem Is At Risk If Decentralization Is Just a Catchphrase

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Vitalik Buterin: Ethereum at Risk If Decentralization Is …

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Bitcoin Rebounds Toward $110K, Presaging What Could Be a Volatile July

Bitcoin BTC$109,573.57 is bouncing hard towards $110,000 on Wednesday, shrugging off Tuesday’s brief risk-off wave that dragged the price below $106,000. Recently, the largest crypto traded at its strongest price since June 11, around $109,500, up 3 …

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Solana Staking ETF Opens for Trade, Becoming First Such U.S. Crypto Staking Product

REX Shares and Osprey Funds have selected Anchorage Digital as the exclusive custodian and staking partner for their newly launched REX-Osprey Solana + Staking ETF (SSK), the first crypto staking exchange-traded fund (ETF) listed in the U.S. The fund …

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DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says

The U.S. Department of Justice is sending a message with its recent effort to seize $225 million in crypto tied to pig butchering scams: these funds were stolen from victims. At least, that’s the takeaway from Phil Selden, a member at Cole Schotz PC …

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Mastercard to Expand Crypto Team With Two Senior Hires to Drive Blockchain Initiatives

Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital Assets Ecosystem Growth, and a Vice President, Head of …

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