U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet, no sale indicated
Arkham data shows the 12,267 BTC went to unlabeled wallets rather than an exchange, a day after $383 million hit Coinbase Prime. Source:CoinDesk
Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currencylinked stablecoin and tokenized realworld assets with Tether. Source:CoinDesk
Live updates: Cryptos tumble, with ETH down 5% as Tom Lee confirms buying limit
Traders betting on higher prices took the brunt of forced selling as interest rates spiked upwards on Wednesday. Source:CoinDesk
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth
The Ethereum layer2 is backing Paxosissued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve…
Stripe to expand stablecoin cards to over 100 countries by the end of the year
The payments giant is planning a major global expansion for its stablecoin cards business, and is exploring tokenized deposits and DeFi use cases, new crypto…
Metaplanet added 1,000 bitcoin net in the third quarter bringing holdings to 44,000 BTC
The Japanese firm sold 10,000 BTC before buying 11,000 BTC, demonstrating liquidity as it seeks recurring income from preferred securities. Source:CoinDesk
Crypto job postings triple to over 1,200 in September, but applications fall
Finance, engineering and trading led hiring demand, while Bitcoin, Ethereum and Solana were the most frequently requested blockchain skills. Source:CoinDesk
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money'
The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach…
The restaking gold rush is over, and top protocols are barely making a profit
As restaking yields dried up and smartcontract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto…
Kraken’s parent Payward is betting billions on becoming financial infrastructure, not just a crypto exchange
Kraken parent Payward is unifying trading, payments, asset management and institutional services on common rails, coCEO Arjun Sethi said. Source:CoinDesk
Binance deal gives Circle a boost in stablecoin race with Tether, analysts say
The fiveyear deal could strengthen USDC’s reach in emerging markets, though Tether’s liquidity advantage remains hard to dislodge, analysts told CoinDesk.…
Tether says it had ‘limited’ exposure to bank linked to $84M US seizure
US prosecutors alleged that a payments business illegally transferred hundreds of millions of dollars at the direction of EQIBank, where Tether holds some…