Cryptocurrency
Proof of reserves is crypto’s key to rebuilding trust and transparency
Opinion by: Lennix Lai, global chief commercial officer of OKXMore than three years after FTX’s collapse, the crypto industry must not forget that trust in our system depends on verifiable transparency. Arguably, that lesson matters more now than ever...
Cryptocurrency
FDIC Weighs Tokenized Deposit Insurance, Eyes Stablecoin Applications by Year-End: Report –
Saniya -
Key TakeawaysActing Chair Travis Hill indicated that the FDIC is moving toward formal clarity on how blockchain-based banking products intersect with long-standing depositor protectionsHill reportedly announced the agency is also working on a regime for stablecoin issuanceReports have emerged...
Cryptocurrency
ETH, BTC Outlook: 3 Charts to Track as Ether Strengthens Against Bitcoin
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.It's unusual to see ether ETH$3,206.97, the world’s second-largest cryptocurrency by market cap, showing relative strength against market leader bitcoin on a day when the...
Cryptocurrency
Chrome Web Store’s No. 4 crypto wallet can steal user seed phrases
Blockchain security platform Socket has warned of a new malicious crypto wallet extension on Google’s Chrome Web Store that has a unique way of stealing seed phrases to drain user assets. The extension is called “Safery: Ethereum Wallet” and claims...
Cryptocurrency
SEC Chair Outlines Project Crypto Priorities on Token Rules and Governance
Relentless momentum in digital-asset policy is reaching a pivotal moment, with U.S. regulators moving toward decisive structural rules that could redefine how crypto markets operate and unlock significant clarity for investors seeking long-term stability. SEC’s Evolving Crypto Framework Gains...
Cryptocurrency
Bitcoin, Ethereum now operate in ‘different monetary’ universes: Data
Bitcoin (BTC) and Ether (ETH) continue to diverge, and they currently operate in different monetary universes, according to a new joint report from Glassnode and Keyrock. The study noted that Bitcoin is drifting deeper into a savings-driven, low-velocity profile,...