SpaceX moves 3M in BTC after three-year silence

SpaceX moves $153M in BTC after three-year silence

SpaceX transferred $153 million in Bitcoin as political tensions rise and the Pentagon opens defense contracts to new bidders. SpaceX has moved 1,308 Bitcoin, worth approximately $153 million, in its first onchain activity in three years. The movement was flagged by Arkham Intelligence, which tracks wallets tied to the company. The Bitcoin (BTC) was withdrawn from…

Read More
Stablecoin or CBDC? Tether’s latest freeze adds fuel to decentralization debate

Stablecoin or CBDC? Tether’s latest freeze adds fuel to decentralization debate

Following its latest freeze of nearly $86K in stolen USDt, Tether’s enforcement capabilities are again in the spotlight — raising questions about centralized control in stablecoin ecosystems. Tether, issuer of the world’s largest stablecoin, said on Sunday it had frozen $85,877 in USDt (USDT) tied to stolen funds, acting in “collaboration with law enforcement.” The…

Read More
AI and blockchain are already disrupting legacy education system

AI and blockchain are already disrupting legacy education system

Projects across multiple educational sectors are leveraging AI and blockchain to provide more accessible alternatives to students. Artificial intelligence and blockchain are disrupting legacy education systems by expanding access to education through alternative credentialing systems and AI-powered content.  John von Seggern, an online educator and founder of the Futureproof Music School, an online school that…

Read More
GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec

GENIUS Act blocks Big Tech, banks from dominating stablecoins: Circle exec

Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles. The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte. “The GENIUS Act…

Read More
Indian crypto exchange CoinDCX hacked,  million drained

Indian crypto exchange CoinDCX hacked, $44 million drained

The cybersecurity exploit occurred due to a “sophisticated server breach,” CoinDCX CEO and co-founder Sumit Gupta announced on Saturday. Indian cryptocurrency exchange CoinDCX was hacked on Friday, leaving the exchange drained of $44 million.  The hackers compromised one of CoinDCX’s internal accounts used for “liquidity provisions” with another exchange through a server breach. No user…

Read More
Crypto rules for mortgages must reflect self-custody reality

Crypto rules for mortgages must reflect self-custody reality

The FHFA directive on crypto in mortgage risk assessments risks excluding self-custodied assets, potentially increasing counterparty risk for homebuyers. Opinion by: Margaret Rosenfeld, chief legal officer of Everstake The Federal Housing Finance Agency’s (FHFA) recent directive to explore how cryptocurrency might be included in single-family mortgage risk assessments is a welcome and long-overdue step. If…

Read More