In a survey released on Thursday, Ripple said 72% of more than 1,000 global finance leaders believe companies must offer digital asset solutions to stay competitive. The survey found stablecoins were the most prominent use case, with 74% of respondents saying they can boost cash flow and unlock trapped capital. The report polled around 1,000 finance firms globally, including banks, asset managers, fintechs and corporates, on adoption, stablecoins, tokenization and custody priorities. The findings suggest many financial firms are focusing less on whether to engage with digital assets and more…
Month: March 2026
South Korea Tax Office Eyes Private Custody After Seized Crypto Loss
South Korea’s National Tax Service (NTS) is moving to select a private custody provider for seized crypto assets after a February press release exposed a wallet recovery phrase and triggered the unauthorized transfer of confiscated tokens. On Feb. 26, the NTS accidentally exposed a crypto wallet seed phrase in an official press release, resulting in the unauthorized transfer of crypto tokens valued at about $4.8 million. The release included an image of a Ledger cold wallet and a sheet of paper showing the mnemonic phrase without being blurred. Citing people…
Bitcoin vs. Gold Bottom Emerges as BTC Bulls Defend $70K
Bitcoin (BTC) has endured a 14-month bear market against gold, with the BTC/gold ratio and momentum indicators at historic lows that previously marked cycle bottoms. Key takeaways: The BTC/GOLD ratio is at historic lows as multiple indicators hint at a cycle bottom. Bitcoin price must hold $70,000 to avoid a deeper drop over the coming weeks. BTC/GOLD RSI, MACD print classic reversal signal Data from TradingView reveals that the relative strength index (RSI) of the BTC/GOLD ratio has begun climbing. The weekly RSI reached its most oversold level of 21…
Gemini Sued Over Alleged Deception for Post-IPO Pivot
Gemini has been hit with a proposed class action in New York for allegedly misleading investors during and after the crypto exchange’s September initial public offering. The class action lawsuit filed by shareholders on Thursday in a Manhattan federal court against Gemini, its co-founders Tyler and Cameron Winklevoss, and company executives, claims they made misleading statements in the company’s IPO documents. Plaintiff Marc Methvin claimed that the documents portrayed Gemini as a growing crypto exchange focused on expanding its user base and international footprint, but made an “abrupt corporate pivot…
World Gold Council plans to build shared infrastructure platform for digital gold
The World Gold Council (WGC), a London-based industry body established to promote gold markets on behalf of leading mining companies, has proposed “Gold as a Service,” a shared infrastructure that connects physical gold custody with digital issuance and management. The initiative aims to make it much easier for companies to launch gold-backed products by providing a ready-made, trusted system instead of building everything from scratch, as noted in a whitepaper co-authored with Boston Consulting Group (BCG). With “Gold as a Service,” WGC wants to reduce complexity when it comes to…
Not All Wallets Equally Vulnerable to Quantum Risk: Galaxy
The quantum risk to Bitcoin investors is real, but not all wallets are vulnerable, and the people best positioned to address it are working on it, says Galaxy Digital research analyst Will Owens. Owens said in a report on Thursday that, in theory, a quantum computer could derive private keys from public keys, allowing an attacker to impersonate the owner, forge a signature and steal coins. However, he argued that not all wallets are equally vulnerable to this risk. “In fact, most wallets are not vulnerable today. Funds are at…
Super Micro Cofounder Charged for Allegedly Funnelling AI Servers to China
US authorities say the co-founder of Super Micro Computer, Inc. has been charged and arrested over an alleged multi-billion dollar scheme to smuggle advanced artificial intelligence chips from the US to China. The Justice Department said in a statement on Thursday that it had unsealed an indictment charging Yih-Shyan “Wally” Liaw, as well as Super Micro sales executives Ruei-Tsang “Steven” Chang, and Ting-Wei “Willy” Sun over the alleged conspiracy. Prosecutors said the trio violated US export control laws by conspiring “to sell billions of dollars’ worth of servers integrating sensitive,…
Appeals Court Rejects Kalshi’s Bid to Block Nevada Ban
US gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts. A federal appeals court has cleared Nevada state authorities to enforce a temporary restraining order on Kalshi to block its sports event contracts. The Ninth Circuit Appeals Court on Thursday denied Kalshi’s emergency request to stay a lower court proceeding, meaning the case will be sent back to federal court and will allow Nevada’s regulators to take action. Gaming lawyer Daniel Wallach said a temporary restraining order (TRO)…
Dogecoin (DOGE) Slips After Failure, Can Bulls Contain More Downside?
Dogecoin started a fresh decline below the $0.0980 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0950 and $0.0980. DOGE price started a fresh decline below the $0.0965 level. The price is trading below the $0.0965 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.0950 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.0950 and $0.0980. Dogecoin Price At Risk of…
World Gold Council Introduces Digital Gold Platform
The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems. The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.” The open platform would connect the physical custody of gold with the digital systems used to issue and manage tokenized gold products. “By standardizing essential market processes such…