Crypto

The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply. Tom Lee, chairman of ether ETH$2,528.01 treasury firm Bitmine BMNR$24.03, said he sees a wave of inherited wealth flowing to younger investors as a potential driver of the next crypto bull market. Lee, a Wall Street veteran who also co-founded financial research.

Crypto

Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure. Global bank giant Standard Chartered now offers institutional custody of Ripple’s USD-pegged stablecoin RLUSD on the XRP Ledger through its Dubai branch, giving eligible clients a regulated bank to hold the dollar-pegged stablecoin. The bank, with nearly $450 billion in assets under management, also plans to work with Ripple and LMAX Group, an institutional trading.

Crypto

Ledger said every confirmed case involves devices sold by the Southeast Asian reseller, but critics say the hardware-wallet maker must answer for an authorized sales channel. As much as $93.2 million in crypto was siphoned from wallets linked to the Ledger devices sold by the reseller CryptoBilis, according to several blockchain analytical and intelligence firms. Tether has frozen $10 million in USDT tied to the theft, while Ledger said Sunday.

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.