Analysis Archive – Page 39

Binance's Bitcoin Reserves Hit Two-Year High at 693k BTC
Binance now holds 693,000 BTC, a two-year high and about 30% of major exchange reserves. Here is what the concentration means for crypto users.

BIS: AI Cuts the Hacking Window From Weeks to Minutes
A Bank for International Settlements paper warns AI has shrunk the gap between finding a flaw and exploiting it to minutes, straining bank and crypto defenses.

India Tokenizes $620B Corporate Bond Market With Digital Rupee
SEBI's Demat 2.0 pilot puts India's $620B corporate bond market on-chain, settling in RBI wholesale digital rupee. REC, L&T and IIFL raised the first tranches.

Nubank Enters the US With Nu Global Stablecoin Accounts
Nubank launches in the US and unveils Nu Global, a multi-currency account that converts deposits into USDC or EURC stablecoins for its 100M+ customers.

Kalshi Seeks Approval for Regulated US Perpetual Futures on Stocks
Kalshi plans to ask regulators to greenlight the first regulated US perpetual futures on single stocks like Tesla, Apple, and Nvidia, per a WSJ report.

Sam Bankman-Fried Petitions Supreme Court to Overturn Fraud Conviction
Sam Bankman-Fried has asked the US Supreme Court to overturn his 2023 fraud conviction and 25-year prison sentence, escalating crypto's biggest criminal case.

Armstrong Says CLARITY Act Is 'Ready to Get a Yes Vote' in Senate
Coinbase CEO Brian Armstrong told CNBC the CLARITY Act has the Senate votes to pass, shifting the market-structure bill from a September 15 test to passage momentum.

Liquid Network Restarts Blocks After $320M Drain and Patch
Liquid Network resumed block production on Sept 10 after a $320M exploit, deploying Elements v23.3.4. Transactions and peg operations stay suspended for now.

Illinois Crypto Industry Sues to Block State Digital Asset Tax
Crypto industry groups asked an Illinois court to block a new state digital asset tax signed by Gov. JB Pritzker, setting up a test of state-level crypto levies.

US Treasury Triples Bond Buybacks as Yields Hit Pre-2008 Highs
The US Treasury will buy back up to $6B in longer-term debt, tripling its usual operation, after yields hit pre-2008 levels. Here is the crypto read.
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