Tokenized money market funds and U.S. Treasuries have spearheaded Wall Street’s tokenization efforts, allowing companies and institutional investors to earn yield on cash reserves while moving assets around the clock. The tokens can also serve as collateral for loans or trades, helping firms put their cash to work without selling their holdings. “You can have […]
Archives for October 13, 2026
Stacks’ STX, a Bitcoin layer-2 token, has surged by 50% in four weeks
While major cryptocurrencies remain choppy, STX, the native token of the Bitcoin layer-2 project Stacks, is rallying. The cryptocurrency has surged nearly 10% in 24 hours, 14% over the past week and more than 50% in four weeks, outperforming bitcoin BTC$83,160.00, ether ETH$2,518.03, XRP (XRP) and other cryptocurrencies. The outperformance likely reflects investor interest in […]
Bitcoin, ether slip and rebound as South Korean stocks slide on AI-related concerns
South Korea’s equity benchmark plunged 5.5% on Tuesday, leaving the index roughly 38% below its June all-time high. Crypto also saw sharp swings, with bitcoin BTC$83,160.00 falling below $81,000 before rebounding above $84,000 and settling just above $83,000. Ether ETH$2,507.52 fell as low as $2,400. The Asian selloff reflected mounting concerns about the AI trade. […]
Russia’s largest bank Sberbank secures approval to trade crypto
Russia’s largest bank, Sberbank, has received approval to exchange cryptocurrencies, advancing Moscow’s effort to bring crypto trading and custody into its regulated financial system. The Bank of Russia added Sberbank to its register of cryptocurrency exchange providers, according to Interfax. The bank had already joined the digital depository register earlier this month, giving it a […]
Live updates: Bitcoin continues in tight range near $83,000, recovering from overnight slide
Bitcoin swung through a $3,000 range over the past 24 hours. It fell to about $81,000 in early Asian trading, then ripped back above $84,000 and traded near $83,500 early Tuesday. Altcoins didn’t bounce back as hard. ZEC was the laggard, down nearly 8% to about $1,210, and HYPE fell nearly 6% to about $82. […]
Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff
South Korea’s stock market suffered another sharp selloff on Tuesday, with the KOSPI falling 5.5% during Asian trading. The index is now roughly 38% below its June all-time high, extending a reversal that contrasts with bitcoin’s 40% recovery. Bitcoin bottomed near $58,000 shortly after the KOSPI peaked and has since rebounded as high as $87,000. […]
Ledger says ‘spy’ chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network
Covert hardware implanted in some Ledger crypto wallet devices sold by Southeast Asian reseller CryptoBilis read users’ 24-word recovery phrases from the gadget screen and sent them to an attacker over a mobile phone network, Ledger said Tuesday in an investigation update on X. Ledger said the spy chip sat inside the device enclosure. When […]
UK court ruling boosts government’s chances of keeping $5 billion in seized bitcoin
A London court has strengthened the U.K. government’s chances of keeping most of 3.8 billion pounds ($5 billion) in seized bitcoin BTC$83,696.96, after ruling that thousands of Chinese fraud victims cannot use English law to claim coins. The decision concerns 61,000 BTC seized by London’s Metropolitan Police in its investigation into Zhimin Qian, who pleaded […]
