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Crypto News Source: decrypt.co
Russian Entities Using Kyrgyzstan’s Crypto Industry to Evade Sanctions: Report
TRM Labs found that Russia-linked activity accounts for almost all of Kyrgyzstan’s cryptocurrency industry.Source link
Wyoming’s Stablecoin Billed as Yield-Bearing Alternative to CBDC Control
The Wyoming Stable Token is expected to debut next month, putting a publicly funded twist on the stablecoin sector.Source link
Ethereum ETFs Massively Outpace Bitcoin Funds—Why ETH Demand Is Surging
Ethereum ETFs flipped their Bitcoin counterparts this week, adding $1.8 billion in ETH while BTC funds saw a fraction of that tally.Source link
ETH LEADS, MONEY SUPPLY HITS ATH, PUNKS CONTINUE TO SURGE
BTC dips as jobs data diminishes Fed rate cut hopes. US crypto inflows surge hit $60b YTD. Strategy increases pref stock offering to $2b. Tokyo’s Quantum Solutions plans to buy 3k BTC. ETH could outperform BTC for 6 months: Novogratz. Galaxy begins to sell large clips of BTC. BitMine plans $2.5b stock sale to buy ETH. SOL founder roadmaps low-latency on-chain trading. WindTree Therapeutics raises $520m to buy BNB. Expect stablecoin supply to surge $75b: BofA. Celestia Foundation buys $62.5m TIA. TON Foundation, Kingsway to launch treasury firm. Tron Inc. enters Nasdaq. Christie’s launches $1b real estate division for crypto. Zircuit launches AI trading engine. Woo X hacked for $12mSource link
Tea App That Claimed to Protect Women Exposes 72,000 IDs in Epic Security Fail
Tea required users to upload an ID and selfie, supposedly to keep out fake accounts and non-women. Now those documents are in the wild.Source link