Key Takeaways Strategy’s Bitcoin Banking Adoption Index compares public adoption signals across trading, custody, products, lending and executive activity. Fidelity leads the ranking at 71%, followed by BNY at 46% and Goldman Sachs at 45%. The index’s 32% overall score suggests institutional bitcoin adoption is expanding, but remains uneven across major financial firms. What’s Behind…
Bolivia has moved closer to recognizing Tether’s USDT as an official payment option alongside the boliviano and the U.S. dollar as the country continues to grapple with a prolonged shortage of foreign currency. Summary Bolivia is considering recognizing USDT as an official payment option alongside the boliviano and U.S. dollar. Local banks already support USDT…
Cabo Verde’s World Cup run ended in extra time, but its tourism bump may just be getting started. Since the African island nation (commonly called Cape Verde in English) made its World Cup debut, its national team, nicknamed the Blue Sharks after the Atlantic waters surrounding the country, became the smallest nation by population to…
Thailand’s Bank of Thailand (BOT) has launched a sweeping anti-money laundering offensive targeting USDT stablecoin transactions, cash flows, and gold trading – and the scale of enforcement suggests this is not a routine compliance update. The central bank is working alongside the Thai SEC to conduct deep audits of high-volume stablecoin activity, with Tether’s USDT…
Everyone expects instant access to the internet, and that’s partly because Wi-Fi standards have advanced so far in the last few years. Wi-Fi 8 is up next, but it’s a little different from its predecessors. No speed bump has been deemed necessary this time around, but what you can expect is increased reliability, seamless hand-offs…
Bitcoin Tumbles Amid U.S.-Iran Clashes Bitcoin tumbled to the $62,000 range Monday as a weekend exchange of gunfire between U.S. and Iranian forces threatened to spark another energy crisis. Market data showed the top cryptocurrency plunged from a 24-hour peak of $64,385 late Sunday to $62,037 by 10:15 a.m. EST Monday. While the cryptocurrency attempted…
Despite the broader selloff, analysts argue that BTC has shown relative strength by holding important support levels during market stress. South Korea’s KOSPI index fell 8.95% on July 13 after an intraday circuit breaker was triggered, with chipmaker SK Hynix dropping more than 15%. The market shock has raised concerns that a wider risk-off…
General Fusion began trading on the Nasdaq today under the ticker GFUZ, becoming the first publicly listed fusion power company, beating competitor and Trump-backed TAE Technologies by several months. And investors seemed to want in. The stock rallied as trading began Monday and is now up 40% from $12.85 as of 12:50 pm ET. General…
SpaceX stock has fallen below the $140 level even after the U.S. Federal Aviation Administration completed its review of the company’s Starship Flight 12 mishap and cleared the path for the next launch. Summary SpaceX stock has dropped below $140 despite the FAA clearing Starship Flight 13 preparations. The FAA has accepted SpaceX’s corrective actions…
RedHook malware uses fake banking and government apps to steal data and control Android phones, with attacks confirmed in Vietnam and Indonesia so far. The post Fake Bank Apps Let Scammers Control Android Phones in Southeast Asia appeared first on TechRepublic. Source link
