BNY adds USDC minting and redemption to institutional custody platform
The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves. Source:Cointelegraph
Private keys, not smart contracts, caused 40% of crypto's $16 billion hack losses. Here's whats being done.
The industry is moving toward fixing the private key vulnerability issue, just not evenly, Wish Wu, cofounder and CEO of Pharos, said. Source:CoinDesk
White House to speak with law enforcement groups to push Crypto's Clarity Act
Officials from the White House are said to be sitting down with law enforcement representatives who have objected to illicitfinance portions of the bill.…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
Crypto analytics firm Chainalysis proposes standards for blockchain tracing
The blockchain analysis company published a proposed ontology for how investigators can identify clusters of crypto addresses and link them together.…
MiCA's looming deadline could leave 10 million crypto users without a platform in the EU
As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators' tightening oversight.…
Can AI drain DeFi? Separating Claude Mythos hype from reality
Claude Mythos has raised concerns about AIdriven attacks on DeFi protocols. However, the same AI tools are also available to security teams, not just…
Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional finance. Source:CoinDesk
Fed’s Lisa Cook can stay at central bank while challenging Trump’s attempt to fire her, Supreme Court rules
The Supreme Court refused to allow President Donald Trump to fire Federal Reserve governor Lisa Cook, in a move that strengthens the independence of the…
Strategy opens the door to selling bitcoin under new capital plan. Here's what it means
The company can now sell bitcoin to fund the USD reserve, support preferred dividends, and finance up to $2 billion in stock buybacks. Source:CoinDesk
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through highvalue property.…
BlackRock pushes deeper into DeFi with Ethena integration, sending ENA up 8%
The deal adds Ethena's yieldgenerating token to BlackRock's risk management platform and create a $100 million liquidity facility for BlackRock's tokenized…