Bitcoin likely to lead gains from Trump’s 401(k) crypto order

Bitcoin likely to lead gains from Trump’s 401(k) crypto order

Trump’s executive order opening 401(k)s to crypto has drawn a mix of praise, caution and criticism from industry leaders and skeptics alike. United States President Donald Trump’s signed an executive order on Thursday opening the door for Americans to include crypto and other alternative assets in their 401(k) retirement accounts and other defined-contribution plans, a…

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IREN soars 11% after mining more Bitcoin than MARA in July

IREN soars 11% after mining more Bitcoin than MARA in July

Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July. Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin (BTC) in…

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SBI outlines plans to launch Japan’s first Bitcoin-XRP dual ETF

SBI outlines plans to launch Japan’s first Bitcoin-XRP dual ETF

SBI Holdings unveiled plans for exchange-traded products, including a gold-crypto ETF and a Bitcoin-XRP dual ETF. Japanese financial giant SBI Holdings plans to launch the country’s first dual-asset cryptocurrency exchange-traded fund (ETF), offering exposure to both Bitcoin and XRP. In its earnings report Thursday, the company outlined plans for two crypto-based ETF products. The first…

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Crypto investor falls victim to phishing scam, loses M with single click

Crypto investor falls victim to phishing scam, loses $3M with single click

Crypto scammers are switching from code to exploiting human vulnerabilities that don’t require breaking through complex cybersecurity guardrails. A cryptocurrency investor lost $3 million in a phishing scam after signing a malicious blockchain transaction without verifying the contract address, highlighting the risk posed by digital asset scams. A single wrong click was all it took…

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CFTC seeks to allow spot crypto trading on registered exchanges

CFTC seeks to allow spot crypto trading on registered exchanges

The CFTC is seeking feedback on how to more effectively regulate spot crypto trading as it moves to implement recommendations from the Trump administration. The US Commodity Futures Trading Commission has launched an initiative to enable the trading of “spot crypto asset contracts” on CFTC-registered futures exchanges. The invitation is part of the CFTC’s “crypto…

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