Category: News

BNY Launches Tokenized Bank Deposits for Institutional Clients

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BNY, a financial services company that traces its roots back to one of the oldest financial institutions in the United States, launched tokenized bank deposits for its institutional clients on Friday. Tokenized bank deposits are onchain cash balances or depositor claims against a bank. BNY will issue the tokenized bank deposits on an in-house permissioned blockchain network, according to an announcement from the company. The differences between permissioned and permissionless blockchain networks. Source: Cointelegraph The onchain deposits will be used to support collateral and margin requirements, with additional functionality in…

Buterin Backs Tornado Cash Dev Ahead of Sentencing

Key Notes Vitalik Buterin said that software developers are targeted for how open-source tools are used, rather than for direct involvement in criminal activity. Buterin framed privacy tools as essential infrastructure, not political or extreme technology, saying they protect individuals from forced data collection. Ahead of his sentencing, Storm has received significant support from the crypto community, with Vitalik Buterin donating 50 ETH and the Ethereum Foundation contributing over $1.25 million. In his recent letter on Jan. 9, Ethereum ETH $3 123 24h volatility: 0.9% Market cap: $377.10 B Vol.…

Ethereum Co-founder Reiterates Support for Roman Storm, Citing Privacy

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Vitalik Buterin, co-founder of the Ethereum blockchain, has doubled down on his support of Tornado Cash developer Roman Storm, who could be retried on two felony charges sometime this year. In a Friday X post, Buterin warned his followers about privacy from both the public and governments, adding that he had used Tornado Cash to make transactions in furtherance of this principle. The Ethereum co-founder has supported Storm since before his criminal trial, saying that developing software for others to use for privacy was not a crime.  “I have personally…

Australian Crypto Exchange Halts Trading, Enters Voluntary Liquidation

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Australian crypto exchange group DAEX has ceased trading and entered voluntary liquidation. The liquidator is now urging creditors to come forward. Liquidation Details The Australian cryptocurrency exchange group DAEX has halted all trading operations and entered voluntary liquidation, leaving investors in a state of uncertainty regarding the recovery of their funds. According to the Daily […] Source

How Mass Surveillance Never Ended

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In June 2013, the lens through which US citizens looked at their government was dramatically changed; it was now a PRISM. PRISM was the program that enabled the National Security Agency (NSA), with some help from the FBI, to obtain unthinkable quantities of data from tech giants like Google, Facebook and Microsoft, among others. Despite previous statements that the NSA did not collect data “directly” from tech companies, American whistleblower Edward Snowden revealed that they did, and that it was just one portion of a larger picture showing that the…

Hyperliquid Led $150 Million Long Wipeout

Key Notes Hyperliquid liquidations led the market as Bitcoin slipped below $90,000. Nearly $45 million was wiped out on Hyperliquid during two fast liquidation waves. ETF outflows added pressure while HYPE showed signs of weakness. Hyperliquid [NC] liquidations spiked on January 8 after Bitcoin BTC $91 079 24h volatility: 0.8% Market cap: $1.82 T Vol. 24h: $42.69 B fell below $90,000. This triggered a fast market shakeout that erased about $145 million in leveraged long positions across major exchanges within two hours. Hyperliquid Liquidations Take Center Stage in Bitcoin Pullback…

Analyst Breaks Down Why Investors will Make More Money With XRP Than Bitcoin

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A crypto market participant has outlined a numerical comparison showing how the same investment amount could generate significantly different returns depending on whether it is placed into Bitcoin or XRP.  The projection, which was shared on X and focuses on price levels and capital growth, shows how XRP has a better upside on a percentage basis compared to Bitcoin at its current valuations. How The Numbers Favor XRP Over Bitcoin The comparison starts with a $5,000 investment. At current prices, Bitcoin would need to rise to around $180,000 for that…

Bitcoin Traders Are Hands-Off Ahead of US Tariff Ruling

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Bitcoin (BTC) hovered at $90,000 around Friday’s Wall Street open as markets braced for US trade tariff news. Key points: RIsk-asset traders await news over US trade tariffs, as bets see the Supreme Court striking down the measures. US unemployment data misses expectations, with the Federal Reserve seen holding rates this month. Bitcoin traders demand clearer signals to end the rangebound price deadlock. US tariff ruling could come Friday Data from TradingView showed indecisive BTC price action ahead of a potential Supreme Court ruling over the tariffs, known as a…

Bitcoin ETFs Extend Losing Streak With $399 Million Exit

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Selling pressure persisted across bitcoin and ether ETFs, while XRP quickly rebounded from its first outflow day. Solana continued to attract fresh capital, reinforcing its growing appeal among investors. Bitcoin, Ether Slide Again as XRP and Solana Rebound Momentum remained fragile across U.S. spot crypto ETFs as Thursday, Jan. 8, delivered another uneven session. Bitcoin […] Original

Bitcoin stalls at $94k, VanEck dreams of $53m… by 2050

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Bitcoin’s long-term upside may be staggering, but in the short term the world’s largest cryptocurrency remains stuck in a holding pattern. Summary BTC has failed multiple times to reclaim $94,000 resistance, reinforcing distribution Price is trading below the Point of Control, weakening bullish continuation Downside rotation toward the $80,000 range low remains the higher-probability scenario Bitcoin (BTC) could surge to $53 million by 2050 if it becomes a settlement currency for global trade, according to a new analysis from VanEck, even as the asset struggles to break out of a broad consolidation range after…