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Bitwise’s new XRP exchange-traded fund is set to go live when markets open on Thursday under the ticker “XRP.” Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker “XRP.” The new fund will go live on the New York Stock Exchange,…
Alert: A WhatsApp worm is spreading a banking trojan in Brazil, targeting crypto wallets and financial logins. Brazilian crypto holders are urged to be on the lookout for a sophisticated hacking campaign that includes a hijacking worm and banking trojan shared via WhatsApp messages. According to a new report from Trustwave’s cybersecurity research team SpiderLabs,…
Tech researcher Jane Manchun Wong, who has discovered unreleased features on Facebook and X, has found that Coinbase is working on a prediction markets website. Crypto exchange Coinbase is working on creating a website for a prediction markets platform, according to a tech researcher who posted screenshots seemingly indicating it will be backed by Kalshi….
Shares in Canaan jumped 20% on Tuesday as the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year. Shares in Canaan surged on Tuesday after the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year, driven by a high demand for equipment as multiple miners saw revenues increase. Canaan…
Japan’s FSA plans to reclassify crypto as financial products, enforce new disclosure and insider trading rules, and cut the crypto tax rate from 55% to a flat 20%. Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments…
Crypto treasury companies and blockchain technology are creating alternative pathways to fund early-stage scientific and medical research. Biomedical and scientific companies are turning to blockchain technology and crypto treasury strategies to fund research, overhauling traditional capital formation and research funding structures that can delay life-saving cures by decades. Portage Biotech, a biomedical technology company, pivoted…
Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale. The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold, prompting concerns over national security. In a podcast, Chainalysis head of national security intelligence, Andrew Fierman and former prosecutor Erin…
Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits. Bitcoin’s recent wave of whale selling pressure is typical of a late-stage crypto cycle and should be no more concerning than it has been in the past, according to…
Distributed cloud projects aim to reduce blockchain’s heavy dependence on centralized providers like AWS. Periodic service disruptions and capacity strain on centralized cloud infrastructure have created an opening for companies building distributed networks. Supporters of the distributed approach argue that spreading workloads across several smaller nodes reduces concentration risk. They say the model could be…
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes. The United Arab Emirates has made the first transaction with its central bank digital currency in the first major update to the project since it was announced in March. The United Arab Emirates’ Ministry of…