Crypto Exchange Bitget Confirms $351.6 Million in Unauthorized Transfers, Temporarily Halts Withdrawals Amid Security Breach Investigation

Crypto exchange Bitget has confirmed a significant security incident involving unauthorized transfers totaling approximately $351.6 million in digital assets. In response to the breach, the exchange has temporarily suspended all…

The Crypto Treasury Model’s Early Advantage Has Faded, DWF Ventures Report Reveals

The pioneering advantage once enjoyed by the crypto treasury model, a strategy where publicly traded companies allocate a significant portion of their assets to digital currencies, has largely dissipated. A…

HIFI Secures $37 Million in Series A Funding to Bolster Stablecoin Infrastructure Amidst Growing Cross-Border Demand

San Francisco, CA – HIFI, a prominent infrastructure company specializing in stablecoin solutions, has successfully closed a $37 million Series A funding round, spearheaded by Left Lane Capital. This significant…

Quantum-Resistant Bitcoin Transaction Costs Plummet Under $67 After Optimization Challenge

The estimated computational cost to prepare a quantum-resistant Bitcoin transaction has dramatically decreased, falling below $67 after a week-long optimization effort. This significant reduction, down from the approximately $320 incurred…

US Commodity Futures Trading Commission Chair Signals Impending Era of Mass Tokenization in Financial Markets

The financial world is on the cusp of a profound transformation, characterized by what US Commodity Futures Trading Commission (CFTC) Chair Michael Selig has termed "mass tokenization." Speaking at the…

US Treasury Secretary Scott Bessent Reportedly Under Consideration for Trump Administration’s AI Czar Role

Reports are emerging that U.S. Treasury Secretary Scott Bessent is being considered for the pivotal role of the nation’s Artificial Intelligence (AI) Czar within a potential future Donald Trump administration.…

Arch Lending to Pioneer Loans Backed by Tokenized Equities Amidst Market Expansion

Crypto lender Arch Lending is poised to enter the burgeoning market for loans collateralized by tokenized equities, signaling a significant evolution in how digital assets are utilized within the decentralized…

21Shares Launches Europe’s First Zcash Exchange-Traded Product, Signaling Growing Institutional Appetite for Privacy Coins

European asset manager 21Shares has made a significant move into the regulated digital asset market by launching the region’s first exchange-traded product (ETP) specifically tied to Zcash, a prominent privacy-focused…

European Central Bank to Invest in Tokenized Public-Sector Securities via Pontes Settlement System

The European Central Bank (ECB) is embarking on a pioneering initiative to integrate tokenized public-sector securities into its operational framework, signaling a significant step towards embracing distributed ledger technology (DLT)…

Here’s what happened in crypto today

United States federal prosecutors are intensifying their investigation into whether Binance, the world’s largest cryptocurrency exchange by trading volume, knowingly facilitated transactions that circumvented U.S. sanctions against Iran. The probe,…