Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million
About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chipstock contracts on crypto exchanges took a chunk of the…
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s…
Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet
The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political…
Tokenized catastrophe bonds target the disaster-insurance gap
A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure. Source:CoinDesk
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure. Source:CoinDesk
Ledger claims CryptoBilis cases are limited as up to $93M is traced, $10M frozen
Ledger said every confirmed case involves devices sold by the Southeast Asian reseller, but critics say the hardwarewallet maker must answer for an authorized…
Bitcoin holds $83,000 as dollar strength keeps markets on edge
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.…
Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis
Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating crossborder crisis…
South Korea just got its first traditional bank loans backed by bitcoin
Loans use thirdparty custodians for bitcoin holdings and rely on courtordered sales if borrowers default. Source:CoinDesk
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 millioneuro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX…
Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week. Source:CoinDesk
Why a bug that could have threatened XRP's 100 billion supply cap stayed hidden for years
The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP's supply cap, which is why it was undetected for years.…