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Coinbase (COIN) said Thursday it had received initial approval for a national trust company charter from the U.S. Office of the Comptroller of the Currency, Bloomberg reported, marking a step toward it operating as a federally regulated crypto custodian.The approval is not final. It is a conditional green light that sets out requirements Coinbase must meet before it can receive a full charter. These typically include building out compliance systems, hiring key personnel and undergoing regulatory reviews. The OCC also expects firms to show they can manage risk, protect client assets and follow anti-money laundering rules. Only after those steps…
Hundreds of thousands of Americans are being warned after a Texas-based healthcare firm suffered a major cybersecurity incident. In a new filing with the Office of the Maine Attorney General, Nacogdoches Memorial Hospital says 257,073 people are affected by a data breach that allowed an “unauthorized party” to access its computer network and information systems. Nacogdoches Memorial Hospital is a government-owned general medical and surgical facility that offers inpatient and outpatient surgery, intensive care (ICU), emergency care, and imaging. The hospital says an intruder accessed its systems and stole files containing personal or health information, including names, addresses, phone numbers,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Experts have gathered on the popular YouTube channel, The Wolf of All Streets, to examine Bitcoin (BTC) and rising global uncertainty. Bloomberg Senior Commodities Strategist Mike McGlone joined former CoinRoutes CEO Dave Weisberger and macro strategist James Lavish for a detailed discussion. They explored ongoing debt pressures in the US, money printing, oil risks, and the role Bitcoin plays as markets face potential shifts and risks. Bitcoin Emerges As Hedge Amid Unstoppable Debt Crisis During the podcast, James Lavish highlighted the growing global unease, noting that the…
Bitcoin grinds in a tight range as whale delta stays deeply negative and open interest fails to expand with price, signaling trouble for bulls eyeing $70K. Bitcoin is still stuck. Price pushed toward $69K Thursday and got sold immediately. Again. That pattern has played out multiple times inside this range, and the on-chain data behind it is getting harder to ignore. Two market analysts flagged the same structural problem on X this week, pointing to divergences that suggest the current range may not resolve to the upside anytime soon. Crypto analyst ArdiNSC on X laid it out plainly. When price…
The U.S. Commodity Futures Trading Commission and Department of Justice filed a lawsuit against Illinois and various state officials on Thursday over the state’s efforts to shutter prediction market providers.Illinois sent cease-and-desist letters to some prediction market providers, arguing that the companies were offering sports gambling products that should be regulated under state law. The CFTC has argued that prediction markets are offering swaps products, which are regulated under the federal Commodity Exchange Act and therefore are under the “exclusive jurisdiction” of that regulator. In the lawsuit, the CFTC continued this argument, saying Illinois’s efforts “intrudes on” the CFTC’s role,…
Billionaire investor Daniel Sundheim is snapping up hundreds of millions of dollars of shares of Amazon (AMZN), Spotify (SPOT) and Autodesk (ADSK). The latest 13F filing of Sundheim’s D1 Capital Partners shows the hedge fund opened a new position in the tech titan Amazon, buying 1,340,523 AMZN shares worth $309.419 million in Q4 of 2025. D1 Capital also initiated a fresh position in the audio streaming platform Spotify, accumulating 395,900 SPOT shares valued at $229.903 million. And D1 Capital opened a new position in the design and engineering software firm Autodesk. The hedge fund gobbled up 455,658 shares in ADSK worth…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Global credit rating agency Kroll has assigned an inaugural investment‑grade issuer rating of BBB to Ripple Prime, marking a notable endorsement from a traditional credit agency for a firm rooted in the crypto sector. Ripple Prime was formed after Ripple acquired Hidden Road for around $1.2 billion late last year and operates as the clearing and intermediation arm for exchange‑traded derivatives (ETD) and related financing activities. Reasons Behind Ripple Prime’s BBB Score Kroll’s analysis emphasizes that Ripple Prime is in a scaling phase. The company’s ETD platform,…
Social media platform X is preparing a new security measure aimed at shutting down a widespread form of crypto phishing that leverages hijacked accounts to promote scam tokens.The company will soon auto-lock any account that mentions cryptocurrency for the first time in its history, according to the company’s Head of Product Nikita Bier. Users will need to go through additional verification before being allowed to post again.Bier said the feature targets the core incentive behind these attacks. “This should kill 99% of the incentive,” he wrote, referring to the current wave of phishing that tricks users into giving up their…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase chief legal officer has suggested that negotiators in the Senate are “very close” to a deal on the CLARITY Act’s most contentious crypto issue. Coinbase: “Very Close To A Deal”, Despite Stablecoin Dispute It’s all about the stablecoins. Whether and how exchanges can pay yield on stablecoin balances continues to be the bone of contention for CLARITY’s lawmakers, but according to Paul Grenwal, the long-standing dispute could be resolved as soon as this Friday. Grenwal claimed in a Wednesday interview on Fox Business that the Digital…
Crypto markets are stuck in a holding pattern as geopolitical tensions in the Middle East cloud an otherwise improving macro backdrop, according to crypto asset manager Grayscale.”The war in Iran overshadowed virtually all other market developments in March,” the Grayscale research team said in a Wednesday report.Before the conflict escalated, global growth appeared to be strengthening and central banks were leaning toward rate cuts. That outlook has been disrupted by a sharp rise in oil prices, which has fueled inflation concerns and pushed interest rate expectations higher, weighing on risk assets and keeping investors on the sidelines, the report said.Since…