Author: CryptoDigestAlert.com
TLDR: TrueUSD reserve losses traced to global fund diversion linked to fiduciaries managing TUSD assets. Techteryx pursues fraud cases after funds moved through Dubai, Hong Kong, and other financial hubs. Justin Sun pledged personal resources to cover a $500 million shortfall linked to the alleged scheme. Court filings describe misleading trade finance claims that masked large-scale asset siphoning. TrueUSD entered a tense chapter this year as new allegations surfaced about large-scale misappropriation of reserve assets. Justin Sun detailed how Techteryx uncovered evidence pointing to a coordinated fraud involving several fiduciaries tied to TUSD reserves. He said the discovery followed his…
XRP price continues to break down as bearish market structure strengthens, placing the $1.80 support zone at risk amid persistent lower highs and rejection from key resistance levels. Summary XRP continues printing lower highs and lower lows, confirming bearish structure. Rejection from the bearish order block and 200-day moving average caps upside momentum. Limited support below current levels increases the probability of a drop toward $1.80. XRP (XRP) price is entering a deeper phase of bearish pressure as its market structure continues to deteriorate. After losing significant high-time-frame resistance and forming a clear bearish order block, the asset has struggled…
TLDR: SEC filing confirms CoinShares withdrew its planned Staked Solana ETF before any shares were issued. The canceled registration covered a transaction that never occurred, according to the submitted request. The abandoned filing ends months of preparation for a regulated staking product tied to Solana. Market participants now look to future proposals as this ETF leaves no remaining launch timeline. Solana’s push into the ETF market hit a wall this week after CoinShares pulled its planned Staked SOL product. The withdrawal appeared in a new US filing, confirming the fund will not move forward. The document stated that the registration…
Arthur Hayes warned that Tether is running a risky interest rate trade that could threaten USDT solvency if markets move against the stablecoin issuer. Summary Arthur Hayes says a 30% drop in Tether’s BTC and gold could erase its equity. Hayes argues the company’s interest-rate strategy may strain USDT solvency. Tether shuts Uruguay mining as reserves hit $181B dominated by U.S. Treasuries. The BitMEX co-founder analyzed Tether’s latest attestation report and noted that a 30% decline in the company’s Bitcoin and gold holdings would wipe out equity. The stablecoin issuer holds $9.86 billion in Bitcoin and $12.92 billion in precious…
TLDR: Arthur Hayes warned Monad could crash 99% citing high FDV and limited differentiation factors Keone Hon countered with 170-validator architecture rejecting centralized sequencer models MonadBFT consensus eliminates tail forking vulnerabilities that plague pipelined systems Token sale used bottom-fill method to prevent whale concentration during allocation phase Monad CEO Keone Hon issued a direct response to BitMEX co-founder Arthur Hayes following days of critical commentary about the network. Hayes warned that Monad could experience a 99 percent price decline. The BitMEX founder criticized the project’s high fully diluted valuation and low-float token structure. Hon’s response came during the network’s sixth…
TLDR: DAC8 requires EU crypto exchanges to report all transactions to tax authorities starting in 2026. User data includes full name, address, TIN, and date/place of birth for individuals. Reportable crypto transactions cover fiat trades, swaps, transfers, and intermediary-facilitated payments. Both domestic and cross-border activity will be automatically shared across EU member states. The European Union has finalized DAC8, a new rule requiring crypto exchanges and wallets to report user activity. The regulation targets both domestic and cross-border transactions, aiming to curb tax evasion. Reportable activities include trading, transfers, and payments using crypto-assets. DAC8 will come into effect in 2026,…
On Friday — and over the past week — publicly traded bitcoin miners shrugged off the prior week’s funk and piled on a run of solid gains. Of the ten largest miners by market cap, all of them spent the last seven days comfortably swimming in green. Bitcoin Miners Erupt in Weekly Rally Across that […] Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Biometric security gains traction as crypto platforms adopt eKYC and liveness tools to combat rising digital threats. Summary Crypto platforms adopt biometrics like eKYC and liveness checks to stop fraud and strengthen identity security. Biometric tools such as eKYC, Face2Face, and liveness tests verify users remotely and prevent spoofing attacks. Trust Stamp seeks approval for its quantum-secure biometric crypto wallet as demand for stronger protection rises. Biometric technologies use physical features to enable identity verification, such as voice, fingerprints,…
TLDR: Miran urges regulators to revisit leverage rules to refine the supplementary leverage ratio’s treatment of key assets. The statement warns that current leverage calibration may constrain Treasury market liquidity during volatile periods. Treasurys and reserves remain central to liquidity mandates, yet still increase leverage exposure under existing rules. Miran links clearer standards to smoother Treasury intermediation and reduced stress during major market dates. The Federal Reserve moved forward with its updated capital framework as Governor Stephen Miran voiced support for the final leverage rule. He argued that the measure should not restrict how banks manage their balance sheets in…
Cathie Wood, founder and CEO of ARK Invest, reiterated a bold forecast that Bitcoin could reach $1.5 million by 2030. Related Reading According to a recent webinar, she argued that the current downturn is a pause rather than the end of the cycle and said Bitcoin is only halfway through its four-year rhythm. Her stance comes as market swings have erased large sums and pushed out many investors. Liquidity Flows And Fed Timing Reports have disclosed that roughly $70 billion has already returned to financial markets since a brief US government funding gap ended, and ARK estimates as much as…