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Investment

S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security

S&P Global acquires OpenZeppelin to bridge credit ratings with onchain code security

4 weeks ago by Crypto InsightsCrypto

S&P Global (SPGI) said Thursday it has agreed to buy OpenZeppelin, a smart-contract security firm whose open-source code library is used across much of the stablecoin and tokenized-fund market. S&P said contracts built with the library have moved more than $37 trillion over time. Terms… Read More

Record U.S. diesel prices complicate bitcoin and gold outlook

Record U.S. diesel prices complicate bitcoin and gold outlook

4 weeks ago by Crypto InsightsCrypto

U.S. diesel prices have surged to an all‑time high, marking the latest flare‑up in a broader energy shock that is reigniting inflation fears across global markets. The national average price for a gallon of diesel hit a record $6.29 this week, up nearly 80% year… Read More

Revolut hackers demand $3 million in Monero, threaten to sell customer data

Revolut hackers demand $3 million in Monero, threaten to sell customer data

4 weeks ago by Crypto InsightsCrypto

The hackers behind a data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer data to other criminal groups if the bank refuses to pay, according to the Financial Times. The group, which calls… Read More

U.S. House’s tax committee advances crypto tax bill in wake of Clarity Act loss

U.S. House’s tax committee advances crypto tax bill in wake of Clarity Act loss

4 weeks ago by Crypto InsightsCrypto

Less than 24 hours after the collapse of the crypto industry’s market structure bill, the tax committee in the U.S. House of Representatives has advanced another important industry effort that would clarify crypto tax treatment and ease burdens on casual transactions. At a Wednesday hearing… Read More

Coinbase premium hits one-month low as bitcoin retreats

Coinbase premium hits one-month low as bitcoin retreats

4 weeks ago by Crypto InsightsCrypto

Bitcoin’s Coinbase COIN$171.98·Market Closed premium has fallen to its lowest level in four weeks, suggesting weakening U.S. demand as investors confront a setback for crypto legislation and the prospect of tighter monetary policy. The premium measures the difference between bitcoin’s dollar price on Coinbase and… Read More

There were many conductors in the derailment of the crypto industry’s historic bill

There were many conductors in the derailment of the crypto industry’s historic bill

4 weeks ago by Crypto InsightsCrypto

When the legislative talks picked up pace again, it was already late in the congressional session, with lobbyists and lawmakers well aware that the election was looming that would make it harder to secure bipartisan legislative work. All along, the ethics question stood as the… Read More

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