Crypto

App and URL takedown notices raise disruption risks, but completed blocks and withdrawal limits remain unconfirmed. The post India moves to block 15 crypto apps, leaving users facing sudden account lockout appeared first on CryptoSlate.

Liquid restarted block production after deploying emergency software updates, though transactions and peg operations remain suspended as recovery efforts continue. The Liquid Network has resumed block production following a $320 million Bitcoin withdrawal, although transactions and peg operations remain suspended as recovery efforts continue. In a Thursday post on X, Liquid said block production had resumed “without transactions” as a precaution while the network is monitored to “confirm full stabilization.” Required updates to its functionary and bridge nodes have been deployed, with functionary nodes now signing and validating blocks as intended. Peg operations, including PAK-authorized peg-outs, remain suspended while the network works to restore its BTC/L-BTC reserve. Read more

Jenson becomes the prediction market’s first CFO as Polymarket builds its regulated U.S. exchange and global platform.

MoneyGram is following rival Western Union’s lead, rolling out a Visa stablecoin debit card as it expands blockchain-based payments. MoneyGram is expanding its stablecoin activities, introducing a Visa-branded stablecoin debit card just weeks after a similar move by global remittance rival Western Union. The MoneyGram Card will initially debut as a virtual card in Colombia that can be used with Apple Wallet or Google Wallet, the company said in an announcement. It plans to introduce a physical card option as it expands to additional markets later this year. It is working with infrastructure provider Rain on the new card. Western Union is also working with the provider in the roll-out of its Stablecard, announced last month. Read more

The London-based challenger bank tapped a Canadian custodian to meet the Financial Conduct Authority’s regulatory requirements. It now expects to roll out retail tokenized deposits by November.

European finance and tokenization groups say Brussels should remove limits on assets admitted to DLT infrastructure or set a 1.5 trillion euro baseline if a cap remains. A coalition of European financial and tokenization groups has urged EU lawmakers to remove a proposed 100 billion euro cap ($116.3 billion) on tokenized financial instruments or raise it to at least 500 billion euro. The draft letter, dated Sept. 7 and addressed to EU Council members and the European Parliament’s Economic and Monetary Affairs Committee, said the 500 billion euro threshold should serve as a baseline if lawmakers decide to retain a cap. Among the groups signing the letter were Nasdaq, Boerse Stuttgart Group, Securitize, the European Ethereum Institute and Axiology. Read more

"Bitcoin might surge initially, then experience a sharp correction if the bond market or Fed pushed back," ChatGPT predicted.

The company now says attacks during security tests exposed model behavior failures, after initially emphasizing errors in its testing infrastructure.

Bitquery’s audit says a 767-account machine subset generated 92%, separating ledger throughput from durable XRP demand. The post XRP Ledger crossed 5 billion transactions, but 92% of August activity came from just 767 bots appeared first on CryptoSlate.

Just over a quarter of Bitcoin Depot’s more than 9,200 kiosks have been sold for less than $1 million, court records show.

Bitcoin fell with US stocks as high inflation and a further surge in oil prices coincided with another multidecade high for US bond yields. Bitcoin (BTC) dipped below $77,000 around Thursday’s Wall Street open as risk assets faced resurgent macro headwinds. Key points: Read more

The remittance giant is rolling out a Visa card that lets customers hold dollars and spend from a stablecoin-backed balance.

Kraken will also adopt Nasdaq’s market surveillance technology across its trading venues.

DOJ seized Telegram channels and two wallets while OFAC sanctioned Xinbi and the developers behind SafeW and XinbiPay. The post US hit on $24 billion crypto black market sends rival money launderers running for exits appeared first on CryptoSlate.

The coalition warned that the current limit is too low, noting some existing European projects already exceed it.

Ripple's former CTO David Schwartz says XRP surging is more likely than Bitcoin collapsing to trigger a flip. Here's the math and price levels to watch. The post Ripple Former CTO Says XRP Could Flip Bitcoin Through an 18x Surge appeared first on Cryptonews.

Ethereum has been consolidating near $2.5K after a sharp recovery from the summer lows. The broader structure has improved considerably, but ETH is now approaching a meaningful resistance area, making the reaction at the current range important in determining whether the rally can extend toward higher levels. Ethereum Price Analysis: The Daily Chart The daily […]

The partnership will provide stablecoin acceptance, settlement and real-time funding capabilities to over 1,000 community banks and credit unions. Cryptocurrency exchange Coinbase partnered with financial platform Moov to bring stablecoin infrastructure to more than 1,000 community banks and credit unions that are part of Moov’s customer base. The partnership will combine Coinbase’s regulated digital asset infrastructure and Moov’s payments platform to offer stablecoin payment acceptance, settlement and real-time funding, according to a Thursday announcement. The infrastructure will support use cases such as consumer stablecoin payments, merchant settlement and payouts. It will also offer businesses and merchants access to Coinbase custodial accounts. Read more

Brian Armstrong argues the bottom is in, a year into the downturn, with the next halving roughly 18 months out.