Crypto

Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic. Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic. Markets are making a cautious start to the week, with bitcoin trading just above $83,000 and gold around.

Crypto

Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response. The Financial Stability Board (FSB) warned that stablecoins could expose gaps in cross-border financial rules during a market crisis and remain untested in such a scenario, and called for more cross-border information sharing, monitoring and planning for stablecoin distress or failure. The G20’s financial watchdog said in a report.

Crypto

Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default. Jeonbuk Bank has started offering bitcoin-backed loans to corporate clients, becoming the country's first bank to let firms borrow cash against their crypto holdings. The South Korean bank, a unit of JB Financial Group, will issue loans in the country’s fiat currency, the Korean won, with proceeds limited to business operating costs, according to local.

Crypto

SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center. SWI Group (SWICH), which controls the former FTX-owned bitcoin BTC$84,155.39 miner Genesis Digital Assets, said it raised 800 million euros ($894 million) from institutional investors to expand its data center and artificial intelligence (AI) computing data-center.

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Your look at what's coming in the week starting Oct. 12. Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets. U.S. inflation data will test the interest-rate outlook this week ahead of the Federal Reserve's October meeting. Investors currently expect the central bank to keep interest rates unchanged.

Crypto

The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP's supply cap, which is why it was undetected for years. A bug that could have let an attacker print new XRP (XRP) out of nothing sat in the XRP Ledger for more than a decade without anyone noticing because normal user activity never came close to triggering it, according to XRP Ledger Foundation. The.