Stock ETF buyers pounce on dip as Bitcoin funds bleed $1.6 billion
US spot Bitcoin ETFs have lost $1.6 billion in November, while stock funds attracted billions of dollars from investors buying the dip. Source:Cointelegraph
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Corporate America is making a trillion-dollar mistake about retirement
The market is dramatically underpricing the economic impact of Americans age 50 and older. Source:MarketWatch
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollardenominated stablecoin and is expected to be incorporated in the U.S. Source:CoinDesk
Crypto exchanges need hard dollar caps on hot wallets, CertiK says
“Cold storage is a useful measure of online exposure, but it is not a standalone security score,” the cybersecurity firm told Cointelegraph.…
PNC Bank tests turning USDC payments into dollar deposits
The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.…
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
Ether rose 8% as falling oil prices and a weaker dollar helped markets recover, even as traders weighed a tougher path for U.S. crypto legislation.…
Tesla and SpaceX shares slide as Musk’s political push falls flat
The billionaire spent hundreds of millions of dollars on the U.S. election. Now, investors are worried about less favorable policies under new Democratic…
Bitcoin briefly sinks to $75,700 as bets on a Democratic sweep rattle markets
Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress. Source:CoinDesk
Strangers are begging the Binance hacker for bitcoin, one ‘help me bro’ at a time
The 19 wallets holding 18,270 stolen BTC have taken in nothing since Thursday except payments worth under a dollar, each carrying a message, from pleas to…
Binance hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions…
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
Amazon chief executive Andy Jassy set a bold target on the conference call announcing thirdquarter earnings. Source:MarketWatch