$13T Asset Manager Charles Schwab Adds 3 Altcoins to Its Crypto Push

$13T Asset Manager Charles Schwab Adds 3 Altcoins to Its Crypto Push

Charles Schwab buildingThere’s been a great deal of institutional interest in crypto assets over the last two years, and on Thursday, the $13 trillion asset manager Charles Schwab announced that it is expanding its digital asset listings beyond bitcoin and ethereum. According to the announcement, solana (SOL), avalanche (AVAX), and chainlink (LINK) accessibility will be added to […]

source https://news.bitcoin.com/crypto-news/13t-asset-manager-charles-schwab-adds-3-altcoins-to-its-crypto-push/
Moonwell Locks Base Borrowing After $8.7M MAMO Attack

Moonwell Locks Base Borrowing After $8.7M MAMO Attack

Moonwell logo half and half image security alertAttackers extracted roughly $8.7 million from Moonwell after artificially inflating the price oracle of the low-liquidity MAMO token, then using it as collateral to borrow higher-value assets before converting them to DAI. Automated Safeguards Protect User Funds Decentralized lending protocol Moonwell has restricted borrowing across all Core Markets on the Base network as it investigates […]

source https://news.bitcoin.com/security/moonwell-locks-base-borrowing-after-8-7m-mamo-attack/
Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price

Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price

Treasury boss Scott BessentBitcoin’s price reclaimed $80,000 per unit on Thursday after breaking past a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion and positioning the asset for an over 20% gain in August. Key Resistance Broken Bitcoin reclaimed $80,000 on Thursday, breaking through a key $79,000 resistance level that had held since shortly […]

source https://news.bitcoin.com/finance/bessents-bond-buyback-gamble-could-pour-fuel-on-bitcoin-price/
Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the US

Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the US

Only 14% of global taxable crypto activity falls under CARFOnly 14% of total global taxable onchain crypto asset activity falls into the new global tax net, which becomes active in 2027, an analysis showed. European countries account for the largest share, while China’s taxable activity is less than one-fifth of the U.S.’s. Last year, potentially taxable global onchain crypto asset activity surpassed $457 billion, […]

source https://news.bitcoin.com/regulation-and-legal/giant-hole-in-global-crypto-tax-net-chinas-taxable-crypto-only-1-5th-of-the-us/
Revolut Brings Euro-Backed Stablecoin to 3 European Markets

Revolut Brings Euro-Backed Stablecoin to 3 European Markets

Revolut app on mobile phoneRevolut is rolling out EURR, its first euro-backed stablecoin, to customers in Denmark, Poland and Portugal before a wider European expansion. With more than 80 million customers globally, the fintech could give euro stablecoins one of their largest consumer distribution channels yet. Revolut Targets 80 Million Users With EURR Stablecoin Revolut is turning part of […]

source https://news.bitcoin.com/stablecoins/revolut-brings-euro-backed-stablecoin-to-3-european-markets/
Trezor, Onekey, Bitbox Sales Spike Amid Coldcard Crisis; Security Models Evolve

Trezor, Onekey, Bitbox Sales Spike Amid Coldcard Crisis; Security Models Evolve

Trezor, Onekey, and Bitbox Hardware Wallets.The Coldcard crisis has also tested hardware wallet manufacturers’ abilities to deal with sharply increased sales, as instead of giving up on self-custody, many Bitcoiners rushed to new devices while wallet teams prepared for the new AI-powered (in)security reality. Of the 13 hardware wallet manufacturers Bitcoin.com News contacted for comment, Trezor, Bitbox, and Onekey confirmed […]

source https://news.bitcoin.com/crypto-news/trezor-onekey-bitbox-sales-spike-amid-coldcard-crisis-security-models-evolve/
Altcoin Volume Dominance Hits Two-Year High as Market Cap Gains $135B

Altcoin Volume Dominance Hits Two-Year High as Market Cap Gains $135B

altcoin dominanceAltcoins captured as much as 65% of Binance trading volume during the latest crypto rally, the highest share in two years. Their combined market capitalization rose by about $135 billion as activity shifted away from bitcoin and ether. Altcoins Capture Majority of Binance Trading Volume Altcoins dominated trading activity during the market rally, reaching their […]

source https://news.bitcoin.com/altcoins/altcoin-volume-dominance-hits-two-year-high-as-market-cap-gains-135b/

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