Brazil Deploys Crypto Alerts System to Neutralize Cyber Threats
The Central Bank of Brazil is advancing the implementation of a crypto threat system for banks and national crypto exchanges. The system, already developed, would help institutions identify, process, respond to, and mitigate cyberattacks using cryptocurrency as an exit rail. Central Bank of Brazil to Implement Crypto Threat System As crypto rises in popularity in […] Powered by...
Bitcoin’s Price Has Stalled and Arthur Hayes Says Strategy Pays the Price
Bitcoin has stalled around $80,000 for much of this week, and Arthur Hayes believes that pause alone is enough to break Strategy’s decade-old bitcoin playbook. The BitMEX co-founder argues Michael Saylor is now boxed into three uncomfortable choices, and none of them are free. The Premium Problem For years, Strategy Inc. (Nasdaq: MSTR) traded like […] Powered by...
US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide nearly a percentage point, along with roughly 55 exahash per second (EH/s) of computational power. At the same time, other nation-states that dominate mining, like China and Russia, captured more of […] Powered by...
California Alone Is Holding $15 Billion in Money That Belongs to Its Residents
California is sitting on $15.485 billion in unclaimed property, spanning more than 84 million individual properties that the State Controller’s Office says are waiting to be returned to nearly 39 million Californians. Texas is holding about $10.5 billion and Ohio about $4.8 billion, and estimates suggest 1 in 10 Americans has missing money from sources […] Powered by...
Tokenization Threatens Deposit Stability, Dallas Fed Researchers Warn
Research from the Federal Reserve Bank of Dallas warns that the rapid adoption of tokenized deposits and instant 24/7 blockchain transfers could destabilize bank liquidity and shrink long-term lending capacity. Threats to Long-Term Lending Capacity The rapid adoption of deposit tokenization and instant settlement technologies could fundamentally alter the traditional banking model, potentially curbing banks’ […] Powered by...
