Propelled by crypto inflows, US ETF assets hit record $10 trillion

Reports have emerged of users buying tokens and not seeing it show up in their wallet balances. 

The U.S. stock market is on track to clock its best August performance since 1984. Meanwhile, Bitcoin (BTC) is attempting a positive close for the month after having declined consecutively in August 2018 and August 2019. However, gold futures and the U.S. dollar index (DXY) have not been in favor, as both could end the month…

In June 2019, the intergovernmental Financial Action Task Force (FATF) introduced its revised set of standards for virtual asset service providers. The document establishes the anti-money laundering and counter-terrorism (AML/CFT) requirements that regulated VASPs —  the term mainly referring to cryptocurrency trading platforms — must eventually implement in their day-to-day operations. The guidelines are framed…

XRP (XRP) has been trapped within a tight range over the last eight days. The altcoin was trading just above its $2.00 support after a marketwide recovery over the weekend. Onchain and technical data now show that the XRP/USD pair is well-positioned for a breakout toward $3.00. XRP/USD daily chart. Source: Cointelegraph/TradingView XRP whale accumulation

Hacks into crypto exchanges target open-source libraries and take advantage of inside jobs researchers said. 889 Total views 18 Total shares Researchers at the Black Hat security conference revealed that crypto exchanges might be vulnerable to hackers. Although crypto exchanges have high privacy and security to protect their funds, researchers still found three ways hackers…

Despite regulatory pressure and worsening macroeconomic conditions, Bitcoin (BTC) demonstrated bullishness holding near $28,000 for the past week. Furthermore, professional traders have maintained leveraged long positions on margin and in futures markets, indicating strength.On the regulatory front, on April 4, the Texas Senate Committee on Business and Commerce agreed to move forward and remove incentives…

Biden’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government. 244 Total views 3 Total shares United States President Joe Biden issued an executive order on Oct. 30 establishing new standards for artificial intelligence (AI) safety and security. Biden’s order stated it is building

The investment firm disclosed to the SEC that it held more than 5.5 million shares of the iShares Bitcoin Trust in the second quarter of 2024.

Binance users were not able to withdraw Dogecoin due to a “combination of unlikely factors,” the exchange said. 256 Total views 13 Total shares Binance, one of the world’s largest cryptocurrency exchanges by daily trading volumes, has resumed Dogecoin (DOGE) withdrawals following a system glitch caused by the DOGE wallet upgrade.The exchange officially announced on…