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Business

Hacker moves $83m of XRP taken from Bitget

About $83m of the XRP taken from Bitget has been moved on, leaving roughly $75m in the original wallets. Ripple has no power to freeze any of it.

CoinDesk 1 month ago · 7 min read
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Markets

Sixteen of the 20 biggest crypto treasury firms trade below their coins

DWF Ventures found only four of the 20 largest crypto treasury companies traded above the value of their holdings on 21 September. It is one day's data.

The Defiant, CoinDesk, Cointelegraph and CoinCodex 1 month ago · 5 min read
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Policy

SEC staff say token buybacks alone don’t make a token a security

SEC staff say announcing a token buyback isn't by itself a promise of managerial effort. The FAQs carry no force of law, and the UK doesn't use that test.

The Defiant, The Block and CryptoSlate 1 month ago · 6 min read
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Policy

New York asks a court to shut down Polymarket’s US exchange

Letitia James has asked a New York court to close QCX LLC as an unlicensed gambling business. The offshore Polymarket site is a separate entity.

The Defiant 1 month ago · 4 min read
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Business

Circle and Tether froze $318,000 of the $387.5m taken from Bitget

Circle and Tether blacklisted a wallet holding about $318,000 in USDC and USDT. Most of the rest had already been swapped into ether, which can't be frozen.

Decrypt and CryptoSlate 1 month ago · 8 min read
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NFTs

Magic Eden shut its Ethereum marketplace. The permission you gave it didn’t shut with it

Revoke.cash says a flaw in the contract behind Magic Eden's closed EVM marketplace still reaches wallets that never revoked their approval.

CryptoSlate, reporting a Revoke.cash security notice 1 month ago · 8 min read
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Policy

The Fed has proposed stablecoin rules, not passed them

Full reserve backing, capital rules and an application process for bank stablecoin issuers are all proposals. Nothing takes effect on the announcement date.

Federal Reserve, CoinDesk, Cointelegraph, FXStreet, PYMNTS and Securities.io 1 month ago · 5 min read
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Technology

A crypto app in Apple’s App Store carried key-stealing code

SlowMist says two versions of the FomoPeek app hid code aimed at iPhone keychain data. The $580,000 figure is one firm's on-chain estimate.

CryptoSlate, reporting SlowMist, OKX, Salus and Binance 1 month ago · 5 min read
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Technology

Nearly $19m of XRP drained from 6,678 wallets over six days

XRPL.to traced 11.75 million XRP leaving 6,678 wallets between 15 and 20 September. D'CENT warned users on day two. No cause has been published.

CryptoSlate and XRPL.to 1 month ago · 5 min read
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Business

Revolut’s euro stablecoin is live in three countries, and the UK isn’t one

Revolut has begun issuing EURR to selected users in Denmark, Poland and Portugal. Bridge Building, not Revolut, is the legal issuer and redemption counterparty.

The Defiant 1 month ago · 5 min read