Avalanche Treasury stock plunges 73% since debut as company’s AVAX holdings lose value
At the end of the first quarter, the company's management raised 'substantial doubt' about its ability to continue operations.
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Ether, solana, dogecoin in the green after Warsh comments push bitcoin above $60,000
Bitcoin climbed back above $60,000 for the first time in over a week after Fed Chair Kevin Warsh said inflation risks had come down. Solana led the majors, up about 16% on the week, while a semiconductor selloff hit Asian markets and dented the AI trade that has pulled capital from crypto all quarter.
France to strengthen response as crypto wrench attacks hit 77
French Interior Minister Laurent Nuñez promised a “more ambitious” three-part plan to reinforce security measures for the crypto sector.
Xapo Bank Review: Premium Bitcoin Banking for Global USD Users
Xapo Bank is best for Bitcoin-first global members who want regulated USD banking, premium custody, and card/payments in one app rather than a high-volume trading exchange. Its strongest point is the combination of Gibraltar-regulated banking, 1:1 Bitcoin custody claims, and security controls such as MPC and a 48-hour BTC Vault delay; the biggest caveat is […] The post Xapo Bank Review: Premium Bitcoin Banking for Global USD Users appeared first on CryptoSlate.
Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail
The 140-partner model challenges USDC reserve economics while leaving issuer, reserve and redemption tests unresolved. The post Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail appeared first on CryptoSlate.
Bitcoin bear market ‘dead’ after first TD9 reversal signal since July 2022 fires
Bitcoin bear-market bottom signs appear as the TD9 indicator mirrors the final stages of the 2022 BTC price downtrend.
Florida’s new crypto ATM law makes scam refunds the cost of doing business
HB 505 tests whether caps, receipts, warnings, and conditional refunds can shift fraud costs onto kiosk businesses. The post Florida’s new crypto ATM law makes scam refunds the cost of doing business appeared first on CryptoSlate.
Crypto ATM bans, restrictions now in effect in Tennessee and Georgia
Crypto ATM's are fast disappearing in the US as Tennessee’s ban goes into effect today while operators in Minnesota have until Aug. 1 to comply with a similar law.
Bitcoin Pops Off 21-Month Low to $60K as Soft Data Eases Rate-Hike Fears
BTC recovered from local lows to $60,000 after softer U.S. jobs and factory data revived hopes the Fed's hawkish turn could be easing.
Ahead of NYSE Listing, Securitize Exec Says DeFi Can Break Wall Street's Grip on Stock Lending
Securitize President Brett Redfearn argues that tokenization will bring crypto's core benefit of disintermediation to retail investors.
Taiwan’s new crypto law gives banks the first real stablecoin advantage
The rules do not hand issuance to banks, but reserves, custody, audits and no-yield limits put financial infrastructure first. The post Taiwan’s new crypto law gives banks the first real stablecoin advantage appeared first on CryptoSlate.
Cantor says bitcoin bear market may be entering final stretch
The bank said in a note bitcoin's cycle points to a market bottom in the coming months, urging investors to focus on networks with durable value accrual.
Goliath Ventures CEO pleads guilty in $400 million crypto Ponzi case
Christopher Delgado allegedly used investor funds for a lavish lifestyle, including luxury properties and vehicles, while running a fraudulent scheme from 2023 to 2026.
Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down
The Fed chair reiterated the central bank's commitment to its 2% inflation target while signaling artificial intelligence could reshape the economy and monetary policy.
Europe is closing the door on offshore crypto, but it’s leaving the riskiest window open
MiCA was never meant to address the giant crypto derivatives market. That could pose a serious problem, says Patrick Gruhn, founder and chief executive of Perpetuals.com.
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.
Bank of Korea governor outlines tokenized bond vision, unified ledger plan
The Bank of Korea’s governor praised tokenized government bonds for easing the issuance and management of government debt during a panel discussion at the ECB Forum.
Panther Hollow launches multi-strategy merchant bank focused on compliant RWA and yield strategies
Panther is a hybrid merchant bank, fund complex, and incubator focused on Ethereum, Canton, Solana, and StarkNet.
Australia’s new crypto transfer rules to make exchange withdrawals pass through identity checks
From July 1, AUSTRAC’s virtual-asset transfer rules change what exchanges ask before crypto moves. The post Australia’s new crypto transfer rules to make exchange withdrawals pass through identity checks appeared first on CryptoSlate.
Crypto hack theft falls 7% in June to $76 million as Humanity Protocol tops list: PeckShield
Crypto hacks hit $75.9M across 40 incidents in June, down 7.1% from May, led by the $31M Humanity Protocol exploit, PeckShield said.