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Dragonfly’s Rob Hadick said institutions building private blockchains create “leakage” that could limit benefits to the broader crypto ecosystem. Source: cointelegraph.com (Read Full Article)
AI agents need crypto to operate in financial markets: Coinbase exec
Coinbase’s head of institutional strategy, John D’Agostino, says expecting AI agents to operate in the traditional finance system is akin to streaming using a dial-up modem. Source: cointelegraph.com (Read Full Article)
'$1 Trillion Club' ETF Gives Investors Exposure to Tech Giants—And Bitcoin
A new ETF tracks the performance of Nvidia, Tesla, Apple, and Bitcoin. Source: decrypt.co (Read Full Article)
Aptos partners with Trump family’s WLFI to integrate USD1
Aptos partners with Trump’s World Liberty Financial to deploy USD1 stablecoins, targeting Tron’s market share. Source: cointelegraph.com (Read Full Article)
BNB Chain’s official X account hacked, CZ warns of phishing links
SlowMist’s chief security officer said the phishing domains behind BNB Chain’s compromised X account are tied to the notorious Inferno Drainer group. Source: cointelegraph.com (Read Full Article)
Ripple CTO David Schwartz to Step Back, Remain on Board as CTO Emeritus
Ripple’s CTO is stepping down but will stay on the board while continuing to code and explore new use cases for XRP. Source: decrypt.co (Read Full Article)
From Nairobi to Lagos: How Africans are using stablecoins to survive inflation
In Nairobi and Lagos, stablecoins like USDT and USDC help people fight inflation, cut costly remittances and move money through mobile wallets such as M-Pesa. Source: cointelegraph.com (Read Full Article)
“Bank of Russia Cuts Key Interest Rate by 100 Basis Points in Effort to Boost Economic Recovery, Led by Elvira Nabiullina”
The Bank of Russia, led by Elvira Nabiullina, has reduced its benchmark interest rate by 100 basis points to 17.00 percent from 18.00 percent. This is the third rate cut this year in an effort to address the impact of high lending rates on business activity and economic recovery. [Original Post] Generated by DMK News Bot
SEC No-Action Letter Creates Opening for More Firms to Serve as Crypto Custodians
The clarification of the regulator’s stance creates a potential opening for a wider group of firms to serve as custodians for digital assets. Source: decrypt.co (Read Full Article)
French central bank’s deficit is ‘great’ for Bitcoin: Arthur Hayes
France’s over $176 billion budget deficit may signal trillions of euros of newly printed money, potentially leading to more capital flowing into Bitcoin, according to Arthur Hayes. Source: cointelegraph.com (Read Full Article)