Author: Robertson

Bank of America CEO Brian Moynihan signals the financial industry’s shift toward the crypto economy, highlighting stablecoins’ potential and the balance between digital innovation and traditional banking services.
The post Bank of America CEO Hints at Launching Dollar-Pegged BofA Stablecoins appeared first on Cryptonews. …

FTX’s bankruptcy has resulted in $950 million in legal and advisory fees, making it one of the most expensive corporate collapses. Despite the costs, most creditors are expected to recover 118% of claims.
The post FTX Bankruptcy Costliest Ever, Nears $1 Billion in Fees: Bloomberg appeared first on Cryptonews. …

Ark Invest purchased 41,032 shares of Coinbase (COIN) worth approximately $8.7 million for its Next Generation Internet ETF (ARKW) on Tuesday.
The post Ark Invest Buys $8.7M in Coinbase Shares, Sells $8.6M of Its Bitcoin ETF Amid Crypto Sell-Off appeared first on Cryptonews. …

South Africa’s decentralized finance market is expected to hit $180M by 2028, with payments and lending leading adoption. Regulators assess oversight options to balance financial inclusion with security risks.
 
The post South African DeFi Market Projected to Reach $180 Million by 2028: Report appeared first on Cryptonews. …

Following a two-day search of over 60 locations in India’s major cities, the police seized $2.75 million worth of crypto in connection to the GainBitcoin scam.
The post India Seizes $2.75M in Crypto, Launches Nationwide Raids in $760M GainBitcoin Investigation appeared first on Cryptonews. …

Bybit’s forensic report reveals that a $1.5 billion hack was facilitated by a vulnerability in Safe{Wallet}’s infrastructure, involving malicious JavaScript code that compromised its Ethereum multisignature cold wallet.
The post Bybit Releases Forensic Report Linking $1.5B Hack to Safe Wallet Compromise appeared first on Cryptonews. …

Hyperliquid has fallen by 15% in the past week, but whale accumulation today suggests that it may make a very big rebound soon.
The post Hyperliquid Falls 9% – Smart Money Loading Up or More Pain Ahead? appeared first on Cryptonews. …