Coinbase settles $24.7M fine in Ireland over transaction monitoring failures
Coinbase said it had enhanced oversight and compliance testing after coding errors led to gaps in transaction monitoring between 2021 and 2022. Source link
Spanish research institute to sell $10M Bitcoin stash bought for $10K in 2012
Researchers bought 97 BTC in 2012 for a blockchain study. Thirteen years later, they’re selling the stash to fund quantum research projects. Source link
US spot Bitcoin ETFs bleed over $2B in second-worst outflow streak ever
While Bitcoin and Ether ETFs saw continued outflows this week, Solana ETFs bucked the trend, extending their winning streak to seven days. Source link
Metaplanet taps $100M Bitcoin-backed loan for BTC purchases, share buyback
The loan came shortly after Metaplanet launched a $500 million Bitcoin-backed share buyback program, after its market-based net asset value fell below 1.0. Source link
Arthur Hayes, Bitwise exec still bullish as Bitcoin falls under $100K
Former BitMEX CEO Arthur Hayes said increasing US debt will force the Federal Reserve into “stealth QE,” injecting liquidity that could reignite Bitcoin’s next rally. Source link
Bitcoin, Ether ETF Outflows Deepen as SOL Inflows Surge Amid Macro Jitters
Spot Bitcoin and Ether exchange-traded funds (ETFs) continued to bleed capital on Tuesday, with both assets seeing their fifth straight day of outflows. In contrast, Solana funds extended their inflow streak to six days. According to data from Farside Investors, spot Bitcoin (BTC) ETFs saw $578 million in net outflows on Tuesday, the steepest single-day…
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Bitcoin and Ether ETFs bleed as Solana quietly pulls in ‘curious capital’
Solana ETFs extended their winning streak to six days, attracting fresh inflows even as Bitcoin and Ether funds faced heavy redemptions totaling nearly $800 million. Source link
Iran to Intensify Crackdown as 95% of its 427K Crypto Rigs Run Illegally
Iran’s crypto mining industry is facing a widespread illegal mining crisis, with authorities estimating that over 95% of the country’s 427,000 active mining devices are operating without authorization. Akbar Hasan Beklou, CEO of the Tehran Province Electricity Distribution Company, said on Sunday that Iran has become the world’s fourth-largest crypto mining hub, fueled by the…
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Romania Blacklists Polymarket for Illegal Crypto Betting
Romania’s National Office for Gambling (ONJN) has blacklisted leading prediction market Polymarket, calling it an unlicensed gambling platform operating outside state oversight. The decision follows what regulators described as a surge in crypto-based betting during Romania’s presidential and local elections, where Polymarket’s trading volume reportedly exceeded $600 million, according to a recent statement from the…
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Malaysia’s BNM Unveils 3-Year Asset Tokenization Plan
Bank Negara Malaysia (BNM), the country’s central bank, has unveiled a three-year roadmap to explore and test asset tokenization across the financial sector. Under the initiative, BNM will launch proof-of-concept (POC) projects and live pilots through its Digital Asset Innovation Hub (DAIH), established earlier this year, the central bank announced on Friday. A key part…
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