Bloomberg’s Allium-powered dashboard gives Terminal users hourly data on stablecoin supply, issuance, transfers and activity across blockchain networks. Bloomberg has launched a stablecoin dashboard on its Terminal, giving financial professionals access to onchain data tracking stablecoin supply, issuance and transaction activity. The dashboard, powered by blockchain data platform Allium, covers stablecoins with more than $100 million in circulation, representing over 98% of the market, according to a Wednesday announcement from Bloomberg. Users can compare stablecoins by supply, mints, burns, transfer volume and velocity, and break down activity by blockchain network and peg type, including fiat currencies and commodities.
Petrobras developed two Cardano-based applications to track sustainability claims tied to aviation fuel and renewable diesel as part of an ongoing research collaboration. Brazilian state-controlled oil company Petrobras has developed two blockchain applications using Cardano to track sustainability data for sustainable aviation fuel (SAF) and its Diesel R renewable fuel. According to a Wednesday announcement from the Cardano Foundation, the first application, developed with PUC-Rio’s Ledger Labs, tokenizes environmental attributes associated with SAF into digital tokens designed to prevent the same claim from being used more than once. The application uses a Book-and-Claim model, which allows the environmental benefit to be separated from the physical fuel and assigned to an airline, compa…
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million in user losses. The CEO of cryptocurrency exchange Bitget reported a gradual return to normal operations following a security breach that resulted in the loss of $388 million of user funds. In a Wednesday X post, Bitget CEO Gracy Chen said withdrawals for all tokens would resume on Friday, and the exchange has already restored access to users’ Bitcoin (BTC), Ether (ETH), and USDt (USDT). As part of recovery efforts, Bitget’s ‘Protection Fund’ also reached $309 million. The fund, initially set up by Bitget in January 2022 with 5,500 BTC, was intended to reimburse users’ potential losses that were “not a result of any misconduct from t…
THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated, says crypto lawyer Yuriy Brisov. After suspected North Korean hackers exploited crypto exchange Bitget for $387.5 million last week, investigators were able to quickly flag and trace the recipient addresses. Bitget CEO Gracy Chen then controversially demanded that decentralized cross-chain swaps platform THORChain “refuse service to these addresses.” THORChain responded: The move was controversial, especially given the protocol was halted immediately in May when $10.7 million of its own funds were exploited. Complicating matters, THORChain has retired its admin key and doesn’t have an easy way to censor addresses, even if it wanted…
Singapore’s crypto economy grew 55.4% to $284 billion as institutional-platform activity surged 94%, while the Philippines, Thailand and Vietnam stood out for small-value P2P transfers. Singapore’s crypto activity rose 55.4% to $284 billion in the year ended June 2026, bucking a regional contraction and regaining its position as the largest crypto economy in Central and Southeast Asia and Oceania (CSAO), according to Chainalysis. Much of the growth came from institutional platform activity, which increased 94% to $60 billion, concentrated among a small number of market makers, over-the-counter trading firms, and institutional brokerages. Chainalysis said the broader CSAO crypto economy contracted 6.8% over the same period. “The growth in Singapore’s institutional platform ecosystem was ve…
Crypto businesses should apply by Feb. 28, 2027, while existing money laundering registrations will not convert into FCA authorization. The United Kingdom’s Financial Conduct Authority (FCA) opened applications Wednesday for crypto businesses seeking authorization under a regulatory regime due to take effect on Oct. 25, 2027. Companies intending to continue operating in the UK should apply by the end of February 2027. The FCA expects to decide applications submitted during that window before the regime takes effect. The framework expands the FCA’s oversight beyond anti-money laundering and financial promotion requirements. The regulator finalized its rules in June, including requirements covering stablecoin issuance, crypto trading platforms and market abuse.
CryptoQuant flagged potential selling pressure as deposit transactions and depositing addresses hit their highest counts since October 2025. Altcoin exchange deposits have reached their highest transaction count since October 2025, according to CryptoQuant, which warned that holders may be preparing to sell. Key points: In its latest weekly report released on Tuesday, onchain analytics platform CryptoQuant flagged a surge in exchange deposits involving altcoins.
As the European Commission’s MiCA review consultation closes, Europe must decide whether its crypto rulebook is protecting the market without making it too costly to build in. When the Markets in Crypto Assets Regulation (MiCA) came into force, it did something that had eluded the digital asset sector in Europe for years: it created a single, coherent rulebook. For the first time, a crypto asset service provider (CASP) authorized in one Member State can passport its services across the European Union and European Economic Area, and clients across the bloc can choose among a growing field of licensed, supervised providers. That is a genuine achievement, and one the industry should not take for granted. As the consultation on MiCA’s review closes, the focus should now be on calibration: keep…
Ether ETFs shed $3 million Tuesday after seven days of inflows, following an $8 million outflow from Zcash funds at the start of the week. US spot Bitcoin exchange-traded funds (ETFs) extended their net inflow streak to nine trading days, while Ether and Zcash funds flipped to outflows. Bitcoin ETFs attracted $66.2 million on Tuesday, bringing net inflows over their winning streak to roughly $3.1 billion, according to data from SoSoValue. The year-to-date net inflows rose to roughly $1 billion. However, some altcoin funds saw a reversal. Spot Ether ETFs ended their seven-day streak by posting roughly $3 million in net outflows on Tuesday. The funds had attracted more than $851 million during the seven sessions, bringing cumulative net inflows to about $14 billion.
From touchscreen and QR-code devices to NFC cards and Bitcoin-only models, this guide compares hardware wallets by security, connectivity, usability and recovery options to help users choose the right fit. A hardware wallet is a device designed to protect the private keys used to approve cryptocurrency transactions. In plain terms, your crypto remains on the blockchain, while a hardware wallet holds the keys that let you access it. The main differences between wallets are which coins they support, how they connect to your phone or computer, and how you check and approve a transaction. This guide explains those differences and what they mean when choosing a wallet. Cointelegraph tested Trezor Safe 7, Ledger Stax, Flex, Nano Gen5, Nano X, Nano S Plus and Coinkite’s Opendime. Testing used sma…
SlowMist identified malicious activity weeks before the Bitget theft, involving a zero-day vulnerability, two security products and a custom withdrawal tool. SlowMist traced the earliest logged malicious activity linked to Bitget’s $388 million theft to Aug. 31, when an attacker exploited a zero-day vulnerability affecting a third-party security product. Attackers stole the funds from Bitget’s hot wallets on Sept. 24 (UTC), transferring assets to addresses they controlled across several blockchains. SlowMist’s investigation identified malicious activity involving two third-party security products and a wallet application host. According to a SlowMist progress report, the attacker used a hidden script to access the database of what SlowMist called “Product A,” after retrieving its password…
AllUnity is launching USDAU, its fourth fiat-backed stablecoin, expanding a MiCA-regulated lineup that already covers the euro, Swiss franc and Swedish krona. AllUnity is launching a new stablecoin pegged to the US dollar, expanding its digital asset lineup as dollar-pegged tokens continue to dominate the global stablecoin market. The new token, USDAU, will maintain a 1:1 peg to the US dollar through segregated reserves and debut on Ethereum, Solana, Base, Tempo, Arc and Polygon, AllUnity said in a Wednesday announcement shared with Cointelegraph. AllUnity, regulated under the European Union’s Markets in Crypto-Assets (MiCA), already issues euro-backed EURAU, Swiss franc-backed CHFAU and Swedish krona-backed SEKAU stablecoins. CoinGecko measures EURAU’s market capitalization at roughly $40…
The prediction market was valued at $22 billion in a $1 billion funding round just four months ago, after doubling its valuation from December. Prediction market platform Kalshi is reportedly now in “advanced talks” to raise approximately $1 billion in a new funding round at a valuation of $40 billion. Existing investor Sequoia Capital and Wellington Management are in talks to lead the round, which could include Tiger Global Management and Dragoneer Investment Group, people familiar with the matter told Reuters. It comes after Kalshi closed a $1 billion Series F round in May at a $22 billion valuation, doubling its valuation from December.
Illinois’ draft rules spell out how its 0.2% digital asset transaction tax would apply to stablecoins, DeFi platforms, crypto bridges and self-custody transfers. Illinois tax officials have published draft rules detailing how the state’s already-enacted 0.2% digital asset transaction tax would apply to stablecoins, decentralized finance (DeFi) platforms and other crypto activity. The new draft rules provide implementation details for the law, including which transactions and digital assets would fall within its scope. Under the proposal, stablecoins would be treated as digital assets subject to tax, while nonfungible tokens would be excluded. DeFi transactions would generally be exempt unless users pay fees considered “valuable consideration,” such as protocol fees collected for operating…
In February, ai.com drew enough traffic to crash its website after a $15 million Super Bowl ad, but months later, users are still wondering what’s happened to their promised AI agent. Crypto.com says its personal AI agent venture, pitched to perform a broad set of tasks from trading stocks to updating online dating profiles, is still under construction, months after a Super Bowl debut that got so much attention it crashed the website. Ai.com, a business line of Crypto.com, promoted the launch of its AI platform in a $15 million ad during the fourth quarter of the Super Bowl in February. The website crashed within minutes as curious users flocked to reserve a handle for their own personal AI agent. However, nearly eight months later, the website continues to display a message that AI agent…
Binance Pay will let overseas users spend USDT at most PayPay-supported merchants in Japan through HIVEX, while stores receive yen. Binance Pay will allow eligible overseas users visiting Japan to spend Tether USDt (USDT) at the vast majority of PayPay-supported merchants starting Wednesday. The service will run through HIVEX, a payment interoperability framework that connects overseas QR payment services to PayPay-supported merchants in Japan. Merchants will continue receiving settlement in yen. Binance told Cointelegraph it is the first crypto payment service to access PayPay-supported merchants through HIVEX. Merchants will not need to opt in separately, it said.
The voluntary accord puts much of the responsibility for managing frontier AI risks on developers. US President Donald Trump and tech executives have signed a voluntary accord aimed at ensuring their AI models “behave as intended.” The accord comes amid growing concerns over the safety of increasingly capable frontier AI systems. Trump has resisted a slowdown, citing competition with China. The agreement places much of the responsibility of managing AI risk on the companies developing the systems. The White House accord, named “Joint Commitment on Frontier Responsibilities,” calls for internal controls, independent external audits and board-level oversight “to ensure its models do not hack or access technical systems in unintended ways.” The accord also leaves open the possibility of turn…
Seven commissioner seats at the SEC and CFTC will be empty after Friday, leaving only a few leaders at financial regulators to oversee aspects of the $3 trillion crypto industry. Update (Sept. 29, 8:45 pm UTC): This article has been updated to include a response from the CFTC. Two of the United States’ financial agencies tasked with overseeing and enforcing digital asset regulation will be down to just three commissioners after Friday, following the departure of a Republican member. On Friday, Hester Peirce, who served as a commissioner with the US Securities and Exchange Commission (SEC) for eight years, will leave the agency about two months before the end of the 18-month extension for her second term. The departure of Peirce, whom many in the industry knew as “Crypto Mom” for her views…
OpenAI is reportedly seeking another $30 billion from investors as the ChatGPT developer pushes its long-awaited public market debut into 2027. ChatGPT developer OpenAI is reportedly eyeing another $30 billion raise that could value it at $1.4 trillion, making it one of the world’s most valuable companies even before it goes public. Citing people familiar with the matter, Bloomberg reported Tuesday that OpenAI is in the early stages of discussions for the new funding round, with investor demand driving the talks. The proposed valuation would be roughly 64% higher than OpenAI’s $852 billion valuation in March, when it raised $122 billion.
Kakaopay Securities is working with Dinari and Ondo Finance to explore tokenizing Korean-listed equities and expanding their availability to investors in international markets. South Korea’s Kakaopay Securities is partnering with tokenization firms Dinari and Ondo Finance to explore bringing Korean-listed stocks onchain and distributing them to investors in international markets. Kakaopay announced separate agreements with Dinari and Ondo on Tuesday, covering the sourcing of underlying Korean shares, tokenization infrastructure and their potential distribution outside South Korea. Under the Dinari partnership, the companies will run a proof of concept using Dinari’s dShares model, which is designed to preserve applicable shareholder rights, including dividends and voting. Dinari offers 724…
