Robinhood chain to generate $160M in annual fees by 2028: Bernstein
Growing demand for tokenized stock trading may drive the Robinhood chain’s annual fees to $160 million by 2028, predicted analysts from Bernstein.…
Why the Dow is being dragged down by a Swiss company’s bad news
Futures on the Dow were significantly worse than the S&P 500 because of a cardiovascular drug’s latestage setback. Source:MarketWatch
Cronos confirms $9.2M slipped away before Tectonic exploit rollback
Cronos’s postmortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred offnetwork before validators intervened.…
Swiss stablecoin sandbox enters testing phase, adds two new partners
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss francbased stablecoin.…
Australia says it removed 45 crypto, remittance registrations over the past year
AUSTRAC said its yearlong sweep included canceled, suspended and unrenewed registrations, while its action against GetCoins helped disrupt organized investment…
Liquid ‘white hats’ return $270M in Bitcoin as network prepares restart
The actors returned 85% of the Bitcoin withdrawn from Liquid’s federation wallet following the security incident. Source:Cointelegraph
UK financial watchdog weighs lifting prediction markets ban: Report
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a…
Ethereum Foundation names 2 ‘must ship’ EIPs for Hegotá upgrade
Ethereum’s Hegotá upgrade will center on FOCIL and Frame Transactions as developers weigh dozens of other proposed changes for inclusion. Source:Cointelegraph
Joe Biden’s son to launch memecoin, will send to TRUMP holders: WSJ
Hunter Biden will reportedly distribute 200 million of the LAPTOP token to his substack subscribers, members of a mailing list and investors in President…
Polish prosecutors charge suspect in Zondacrypto probe, seek pretrial detention
Polish prosecutors charged Romana Ż. with organized crime and misappropriation offenses involving $2.1 million in Zondacrypto user funds. Source:Cointelegraph
Capital B adds 376 Bitcoin in $29M purchase, boosting holdings to 3,521 BTC
Capital B’s latest Bitcoin purchase was its largest in nearly a year, pushing the French company ahead of H100 Group among publicly traded BTC holders.…
President’s Year 2000 Council, SEC, NYSE, NASD, ICI, SIA Outline Securities Industry Efforts For Smooth Transition Into Year 2000
The President’s Council onYear 2000 Conversion, the Securities and Exchange Commission(SEC), the National Association of Securities Dealers(NASD), the New York…