Business

Business
Business

Rapid7 Uncovers Operation ASTERIX, an AI-Assisted Crypto…

Cybersecurity firm Rapid7 has uncovered Operation ASTERIX, a cryptocurrency fraud campaign that combined mass account enumeration, phishing emails, targeted phone calls and counterfeit wallet applications to steal users’ recovery phrases. Rapid7 Labs discovered the operation after finding an exposed web directory on infrastructure being used by the attacker. The misconfiguration provided researchers with an unusually

Read More
Business

Crypto ETF Flows Stay Positive on August 19 as Bitcoin…

U.S.-listed crypto exchange-traded funds remained net buyers on August 19, with currently reported data showing approximately $184.4 million flowing into Bitcoin, Ether and Solana products as cryptocurrency markets staged one of their strongest rallies of the month.Spot Bitcoin ETFs recorded a provisional $164.2 million in net inflows, according to Farside Investors. The total extends the

Read More
Business

US OCC Aims to Finalize GENIUS Act Stablecoin Rules by…

The U.S. Office of the Comptroller of the Currency is targeting November to finalize its principal regulations implementing the GENIUS Act, accelerating work on the federal framework that will govern payment stablecoin issuers as the law approaches its effective date. Comptroller of the Currency Jonathan Gould disclosed the timetable Wednesday at the Wyoming Blockchain Symposium,

Read More
Business

OKX Restricts Claude Use for Hong Kong Employees as AI…

Crypto exchange OKX has restricted employees in Hong Kong and staff traveling through China from using Anthropic’s Claude after its corporate account was temporarily suspended, even as the company spends between $6 million and $8 million every month across multiple artificial-intelligence models.The restriction followed a brief suspension of OKX’s corporate Anthropic account in early August,

Read More
Business

Trump Says U.S. Is Considering ‘Sizable’ Bitcoin Purchases

President Donald Trump said the United States has discussed acquiring “sizable” amounts of Bitcoin and other cryptocurrencies, raising the prospect of direct government accumulation beyond the digital assets it already controls.Trump made the comments during an August 19 White House event attended by cryptocurrency executives and senior financial regulators. Asked whether his administration was considering

Read More
Business

Bitcoin’s Odds of Hitting $70,000 in August Jump to 72%…

Bitcoin traders have dramatically increased their expectations that the cryptocurrency will reach $70,000 before the end of August after a sudden rally sent BTC up roughly 7% in about one hour on Wednesday. The probability of Bitcoin touching $70,000 during August climbed to approximately 72% on Polymarket during the rally, according to market data reported

Read More
Business

Ethereum Surges 10% to $2,100 as Crypto Short Squeeze…

Ethereum surged roughly 10% on Wednesday, August 19, breaking above $2,100 as a violent short squeeze swept through cryptocurrency derivatives markets and improving macroeconomic conditions triggered renewed demand for risk assets. Ether climbed from below $1,900 to above $2,100 during the session, reaching its highest level in months and decisively clearing the psychologically important $2,000

Read More
Business

Grayscale Files Fourth Zcash Trust Amendment, Targets ZCSH…

Grayscale has filed its fourth amended registration statement for the Grayscale Zcash Trust, advancing plans to move the existing investment vehicle from the over-the-counter market to NYSE Arca under the ticker ZCSH.The asset manager submitted Amendment No. 4 to its Form S-3 registration statement with the U.S. Securities and Exchange Commission on August 18. The

Read More
Business

Trump Says CFTC Is Working to Bring Hyperliquid Into the US…

What Is The CFTC Planning For Hyperliquid? President Donald Trump said the Commodity Futures Trading Commission is working on a path that could bring Hyperliquid into the U.S. under federal regulation, sending fresh attention toward one of the largest onchain perpetual futures platforms.Speaking Wednesday at a White House gathering of technology, crypto and financial industry

Read More
Business

Nexo Australia Launches Regulated Crypto-Backed Credit…

How Do Nexo’s Australian Crypto Credit Lines Work? Nexo Australia has launched crypto-backed credit lines for eligible clients after becoming a credit representative under Australia’s National Consumer Credit Protection Act, expanding access to borrowing against digital assets without requiring customers to sell their holdings.The product allows users to borrow Australian dollars or stablecoins while using

Read More