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Blockchain Report
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All the necessary news about blockchain and crypto market
UniCredit is exploring digital asset expansion, eyeing custody & brokerage. Sources tell Bloomberg the Italian banking giant is evaluating tech providers to build infrastructure for securely holding digital assets and facilitating client trading. Potential offerings include tokenized investments, stablecoin usage & crypto exposure. A growing trend for traditional finance! #crypto #blockchain #news
Bitcoin demand is shifting from contraction to stabilization, but lacking sustained expansion. CryptoQuant analyst MorenoDV notes demand is improving after May-June lows. Current positive demand is comparable to early 2024 rebounds, not the major surges of late 2024/2025. Sustained upward trend needs stronger, consistent capital inflows & liquidity support. #Bitcoin #Crypto $BTC
Singapore authorities are moving to auction seized luxury goods and high-end jewelry from a S$3 billion money laundering case that involved the use of USDT. The first two batches of assets to be auctioned include over 600 branded handbags, accessories, and jewelry, with an estimated value between S$2.9 million and S$3.9 million. The auction house plans to conduct a total of 15 timed online auctions, continuing until mid-2027. The case came to light in 2023 when Singaporean police arrested 10 foreign nationals across the island, seizing or freezing assets exceeding S$3 billion. Previously, authorities disclosed that one of the accused, Su Baolin, had received funds from offshore illegal online gambling operations via USDT. In 2023, he reportedly converted some of these USDT holdings into at least S$463,000 in cash and also used USDT to purchase a Toyota Alphard. #crypto #blockchain #news
Tether has frozen over $5B in illicit assets by working with 340+ law enforcement agencies in 67 countries. Over 1,600 cases involved U.S. agencies, freezing $2.5B+ with their cooperation. Recently, Tether assisted the DOJ in seizing $52M+ in crypto from Xinbi Guarantee, highlighting their proactive support in investigations. #Tether #Crypto #LawEnforcement
French Crypto Pro's Family Kidnapped for €700k Ransom! 💸 Four arrested in sophisticated ransomware kidnapping targeting a French crypto professional's family in Ploudalmézeau. Suspects held family of five captive, demanding crypto wallet credentials. Seized assets valued at ~€700k. Suspects, aged 18-37, apprehended across France; two in pre-trial detention. #crypto #ransomware #kidnapping #France #crime
Perpetual DEXs for tokenized Real-World Assets (RWAs) now offer over 1,000 products! Tokenized US equities lead the pack, making up ~75% of the market. This signals a major gateway for TradFi into on-chain perpetual futures trading, driving DeFi and traditional finance integration. Data via CryptoRank. #crypto #blockchain #news
🚨 Japan's Digital Agency reports potential data breach affecting ~246,000 individuals. Unauthorized server access in late June, possibly via VPN vulnerability. Data potentially leaked includes names, emails, phone numbers. No confirmed misuse yet. Investigation ongoing. #dataprotection #cybersecurity #japan
Coinbase CEO Brian Armstrong expressed optimism regarding the U.S. digital asset market, stating that even if the CLARITY Act does not pass the Senate, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are prepared to introduce relevant regulations. This suggests that a clearer regulatory framework for the cryptocurrency industry in the United States is still likely to emerge soon. Armstrong noted that the CLARITY Act is nearing Senate support, with discussions primarily focused on detailing ethical clauses. A key Senate vote is anticipated on September 15, requiring 60 votes for passage. He further commented that the bill's approval would facilitate institutional investment and foster the development of products like tokenized equities in the U.S. market. #crypto #blockchain #news
Ripple is expanding its AI-powered corporate treasury management platform, Ripple Treasury, with the integration of GSmart. The platform now features AI Agents designed to enhance forecasting and planning, liquidity management, risk assessment, reconciliation, and reporting. GSmart operates within the constraints of a company's internal policies and control requirements. The AI is responsible for identifying anomalies, interpreting data, and providing recommendations, while financial calculations are handled by deterministic systems. All actual financial operations remain subject to human approval. According to Ripple, approximately 60% of eligible enterprise clients have already enabled Risk Insights, and 44% are utilizing Forecast Insights. This expansion is part of Ripple's strategy to unify traditional and digital asset treasury management within a single platform. #crypto #blockchain #news
Bhutan Retreat: Entrepreneurs ditch "speed" for deep project understanding. 5-week @EASY_Residency S4 program in Bhutan offered a unique break from startup pace. Serene environment minimized distractions, fostered collaboration & fresh perspectives. Challenges included network infrastructure, but support from @YziLabs was crucial for client acquisition & strategy. Teams reported tangible progress in product positioning, client engagement, & business advancement, clarifying strategic decisions. #Bhutan #Entrepreneurship #Startup #Innovation #DeepWork
Denmark's central bank is watching stablecoins. While usage here is limited, they acknowledge their growth & aim for stable value. However, widespread adoption of foreign stablecoins could impact payment systems, the financial system, & monetary policy. Continuous monitoring is essential to assess opportunities, risks, & their future role in monetary frameworks. #crypto #blockchain #news
Kalshi, a prediction market platform, is reportedly seeking U.S. regulatory approval to launch approximately 60 perpetual futures contracts on individual stocks and ETFs, including major companies like Tesla, Apple, and Nvidia. According to The Wall Street Journal, the platform also aims to support 24/7 trading for these instruments. If approved, Kalshi would become one of the first U.S. entities to offer regulated perpetual contracts on single stocks. #crypto #blockchain #news
Pumpfun app temporarily removed from US & India iOS app stores. Team says it's precautionary, expects quick reinstatement. No specific reasons given yet. #pumpfun #appstore #crypto
Binance's BTC reserves hit a 2-year high, exceeding 693,000 BTC. This surge, up 77,000 BTC since late April, might be driven by investor sales on the upward market trend, potential SAFU fund investment ($1B ≈ 15k BTC), and asset transfers due to the ColdCard incident for enhanced security. This accumulation could signal increased selling pressure. #Bitcoin #Binance #Crypto
Sunrise Platform Halts SILV Interactions Amidst Dominion Treasury Wallet Security Incident Sunrise, the Solana-based asset issuance platform, has advised users to stop interacting with the SILV token contract due to a security incident affecting the treasury wallet of its issuer, Dominion. The SILV market has been removed from Sunrise's UI as a precaution. Sunrise states the incident is linked to Dominion's protocol, not Sunrise's infrastructure. They are awaiting details from Dominion and its security partners. SILV, launched in August on Solana, is claimed by Dominion to be backed 1:1 by physical silver, with each SILV token representing one troy ounce. #Solana #SILV #DeFi #CryptoSecurity
Blockstream has stated that it will not pay a ransom for the return of Bitcoin stolen from the Liquid Network. The company clarified in a tweet that unauthorized asset acquisition and refusal to return them constitutes theft, not responsible disclosure or white-hat activity. Blockstream indicated that while it has engaged in communication to facilitate the return of user funds, it will not accept such actions or demands. Furthermore, the company emphasized that open-source software developers should not be subjected to ransoms exceeding their economic participation. Blockstream announced its intention to collaborate with law enforcement agencies, exchanges, service providers, and forensic experts to trace, recover assets, and identify responsible parties through all legal channels should the stolen funds remain unreturned. The company also underscored the transparency of Bitcoin transactions, noting that related evidence will not disappear. #crypto #blockchain #news #BTC #Bitcoin
India's SEBI piloting Demat 2.0 for tokenized corporate bonds using blockchain & RBI's wholesale digital rupee. REC, L&T, and IIFL Finance have already issued bonds via the system. This aims to reduce settlement risks by synchronizing bond and payment flows. Future plans include secondary market trading & expansion to retail investors. India's corporate bond market is valued at $620B. #crypto #blockchain #news
Symbiosis Finance exploited on BSC. Attacker minted ~$46B in syBTC, cashed out ~$336K. Blockchain security firm Blockaid reports an exploit targeting Symbiosis Finance on Binance Smart Chain (BSC). The attacker used the BridgeV2 receive function to mint approximately 2^62 raw units of syBTC. This resulted in a nominal value of ~$46.1 billion in syBTC. The attacker then sold ~4.39 WBTC on Uniswap V4 (Ethereum) and converted it into ~$336,000 in stablecoins/other cryptos. #SymbiosisFinance #BSC #Hack #Crypto #Exploit #Blockaid
Bitcoin spot ETFs saw a $283M net outflow Sept 10, the 3rd straight day of decline, per SoSoValue. Investors appear cautious. Ethereum spot ETFs also saw outflows ($29.76M), though BlackRock's ETHB saw a $13.95M inflow. #crypto #blockchain #news #BTC #Bitcoin
Bitget's API now supports CFD trading for traditional assets like gold, forex, stock indices, and crude oil. Institutional clients and pro traders can access these markets programmatically, executing orders, managing accounts, transferring funds, and receiving real-time data. The platform offers ECN, STP, and Pro account models for sophisticated strategies. This expands Bitget's comprehensive trading solutions. #Bitget #CFD #Trading #Forex #Stocks #Crypto