BNB has climbed back above $800, extending its latest recovery as buying returned to large-cap cryptocurrencies and traders reassessed the outlook for the BNB Chain ecosystem.The token crossed the $800 threshold during October 5 trading after building momentum alongside a broader recovery in digital assets. Bitcoin was simultaneously attempting to break through the $87,000 region,
Bity is ending its crypto services in Brazil, but its two customer groups have different destinations and deadlines. Bitybank users can opt to move to Mercado Bitcoin, while BityPreço users are being offered an integrated migration to Bipa.Bity reports about 850,000 users across its business and more than R$1 billion under custody. The figure should not be
W Group expands hashbank as a bridge between traditional banking and Web3, connecting regulated fiat services with external blockchain wallets.W Group has announced the next stage in the development of hashbank’s digital banking model, connecting regulated fiat banking services with external blockchain wallets and crypto platforms. The fully licensed bank enables customers to receive digital
Congress is considering legislation that would broaden and clarify the ability of U.S. banks and credit unions to hold digital assets, issue stablecoins and use blockchain technology, potentially bringing crypto infrastructure more directly inside the regulated banking system.The proposals would establish clearer statutory treatment for activities that have previously depended heavily on guidance from individual
The U.S. Securities and Exchange Commission has proposed a new framework that would allow investment advisers and regulated funds to hold crypto assets through expanded custody options, including certain forms of adviser self-custody and state trust companies acting as custodians.The proposal seeks to update federal custody rules that were largely developed before digital assets existed,
New York and Wyoming financial regulators have agreed to coordinate licensing, examinations and enforcement for digital-asset companies operating across both states, creating a formal channel for two jurisdictions that have developed markedly different crypto regulatory frameworks.The Memorandum of Understanding between the New York State Department of Financial Services and the Wyoming Department of Audit’s Division
Chainalysis has defeated most of a lawsuit brought by Celsius Network’s litigation administrator, but a federal judge allowed a central claim alleging that the blockchain analytics company helped Celsius insiders promote a misleading $3.3 billion asset “audit” to move forward.U.S. District Judge Margaret Garnett ruled on Sept. 29 that the complaint sufficiently alleged Chainalysis knew
The attacker behind the $387.5 million Bitget hack has begun moving stolen Zcash into the cryptocurrency’s privacy-preserving shielded pool, complicating efforts by investigators to follow a portion of the stolen assets.Approximately $3.8 million of ZEC linked to the exploiter had been transferred from publicly visible addresses into Zcash’s shielded pool as of October 1, according
Key Facts Payment software can now convert between currencies in seconds, widening the pool of buyers a vendor can actually serve. The XRP Ledger separates the amount requested, the maximum a sender will spend and the minimum a recipient must receive. SendMax caps the source amount, excluding the XRP transaction cost, while DeliverMin sets a
MetaMask is responding to an ongoing security incident affecting part of its infrastructure, prompting the company to begin exiting affected Ethereum validators from its non-custodial staking operation as a precaution.The wallet provider disclosed the incident on September 30, saying it was working internally and with external partners and security advisers to remediate the issue. MetaMask