Crypto Biz: When dollars disappear, stablecoins step in
Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Source：Cointelegraph
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure…
SBI acquires Singaporean crypto platform Coinhako after MAS approval
SBI Holdings received regulatory approval to acquire a majority stake in Singaporebased crypto exchange Coinhako as it expands into stablecoins, onchain…
The British Virgin Islands are a top crypto hub no one ever talks about: Here’s why
Kraken, Bitstamp, 1inch and Bitfinex have all set up shop in the British Virgin Islands — but you might find it tricky to book an onsite meeting with one of…
Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark
Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with them.…
Dutch court declares crypto platform Knaken bankrupt over missing funds
The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users.…
UK sentences 2 hackers tied to $115M crypto ransom scheme
The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies.…
Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto
Crypto fell as AI stock fatigue and U.S.Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.…
US indicts crypto investor over alleged $20M fraud scheme
Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through…
MacOS malware hijacks Telegram sessions, targets crypto wallets: SlowMist
A macOS malware steals credentials to hijack Telegram sessions, decrypt cryptocurrency wallets or trick users into entering their wallet recovery phrases…
Crypto exchange Bybit launches in Indonesia after NOBI acquisition
The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users.…
Citadel Securities invests $400M in Crypto.com at $20B valuation
Crypto exchanges have increasingly positioned themselves as bridges between digital asset markets and traditional finance. Source：Cointelegraph