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Robinhood’s plan to tokenize stocks on its new Ethereum-compatible blockchain could shift trading volume away from traditional exchanges like the NYSE, undermining their core revenues from trading fees and market data, according to Galaxy Digital.
. ....
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Read more: Robinhood's 24/7 tokenization push threatens NYSE incomes: Galaxy Digital
Write comment (93 Comments)OKX founder and CEO Star Xu has apologized to users after reports surfaced of wrongful account freezes on the crypto exchange, including one case where a user remained locked out of their funds despite completing extensive verification steps. ....
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Read more: OKX CEO says sorry after 'false positives' lock users out of accounts
Write comment (98 Comments)Conor Grogan, Coinbase’s head of product, says there’s a slight chance the $8.6 billion worth of Bitcoin moved on Thursday — from eight wallets that had held the Bitcoin for over 14 years — was caused by a hack, and if so, it could be the largest robbery ever.
) moved from eight separate wallets was the work of bad actors. ....
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Read more: ‘Small possibility’ $8.6B Bitcoin transfer was a hack: Coinbase exec
Write comment (95 Comments)Despite $1 billion in spot BTC ETF inflows, Bitcoin fell 2.8% as the market digested a multibillion-dollar 2011-era wallet transfer. ....
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A crypto analyst says the Bitcoin treasury strategy may not have the longevity many expect, warning that the easy upside may already be behind new companies entering the space. ....
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Read more: Bitcoin treasury playbook faces 'far shorter life-span'-- Analyst
Write comment (99 Comments)C-M Software, the service provider that connects Brazil’s Central Bank to local banks and other financial institutions, was hacked on Wednesday, leading to 800 million Brazilian reais ($140 million), in stolen funds from six institutions connected to the central bank.
to Brazilian news outlet São Paulo.
(OTC) trading platforms. ....
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Read more: Brazil's reserve bank provider hacked, $140M stolen
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