HOOD, COIN, MSTR, and CRCL all rallied together as Bitcoin extends its rally
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First stage: institutional MMFs and private company securities. Second stage: public securities. Final stage: on-chain settlement with stablecoins. A trading pilot will run on the Korea Exchange
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We asked GPT, Grok, Claude, and Gemini one simple question:
What is the best money to own?
The answer was the same from all four.
₿ Bitcoin.
AI chose Bitcoin.
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Stablecoin settlement volume just hit a $20B annualized run rate, up 15x in a year. The rest of Visa’s network grew just 10% over the same period
Visa now runs 160+ stablecoin-linked card programs, up nearly 200% year-over-year
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😐 SlowMist: Hacker hacked the major DeFi protocol ether.fi.
The damage amounted to ~15.45 ETH ($38k). The vulnerability allowed the attacker to set the victim's address as the executor of the operation WITHOUT their consent, and then use a previously granted token spending allowance to withdraw funds.
ether.fi – one of the largest Ethereum liquid restaking protocols with a TVL of ~$5b.
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The damage amounted to ~15.45 ETH ($38k). The vulnerability allowed the attacker to set the victim's address as the executor of the operation WITHOUT their consent, and then use a previously granted token spending allowance to withdraw funds.
ether.fi – one of the largest Ethereum liquid restaking protocols with a TVL of ~$5b.
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Another major European bank is moving toward crypto.
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The operation was carried out by the Attorney General's Office, the Navy, and state police. Crypto mining itself is legal in Mexico - the probe centers on power theft, with money laundering also under investigation.
Experts note similar schemes are used by the Sinaloa Cartel, converting fentanyl profits into crypto through underground Chinese exchange houses.
Illegal grid connections cost CFE 13.8 billion pesos between January and July 2024 alone.
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SpaceX set to send DOGE-1 to the Moon this week
The Geometric Energy mission will send a $DOGE-funded satellite into lunar orbit, marking a major step in Dogecoin’s push beyond Earth.
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The Geometric Energy mission will send a $DOGE-funded satellite into lunar orbit, marking a major step in Dogecoin’s push beyond Earth.
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The action comes as a major crypto tax bill also heads toward a House committee vote, putting enforcement and digital-asset legislation in focus at the same time.
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Ripple has expanded its XRP Ledger developer kit adding support for the Machine Payments Protocol and Open Wallet Standard, allowing AI agents to make automated payments for data, computing and other online services using XRP or RLUSD.
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The company has reached an agreement to acquire OpenZeppelin, whose solutions are used to protect major stablecoins, tokenized funds, and DeFi protocols.
More than $37T has flowed through the infrastructure based on OpenZeppelin Contracts, and the company has conducted over 900 audits, discovering more than 10,000 vulnerabilities before product launches.
S&P Global plans to use OpenZeppelin's technology to assess risks in smart contracts and other on-chain infrastructure as traditional finance moves onto the
blockchain.
The deal amount is not disclosed.
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The product marks the first known $BTC linked option offered within this type of annuity, giving retirement investors a new way to gain exposure to Bitcoin through an insurance-based investment product.
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Speaking to CNBC, VanEck's head of digital assets research pointed to U.S. government debt and fiscal sustainability concerns as factors supporting his outlook for $BTC.
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Bitcoin ($BTC) now has a market capitalization of $1.711 trillion after trading above $85,000, ranking ahead of Tesla at $1.438 trillion and Samsung at $1.296 trillion
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Up more than 50x from its 2022 debut ($1.62) and +18% above the August record of $73
WBT has been built over four years with no relaunch or tokenomics restructuring
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