Cryptio, an accounting and data platform focused on regulated digital assets, has raised $45 million in a Series B funding round, highlighting growing demand for tools that help financial institutions reconcile and report blockchain-based transactions within traditional accounting systems. The round was co-led by venture firms BlackFin Capital Partners and Sentinel Global, with participation from 1kx, BlueYard Capital, Alven and Ledger Cathay Capital. Cryptio develops software that helps companies reconcile activity across wallets, custodians and exchanges, translating blockchain transaction data into accounting records used for financial reporting, audits and compliance.…
Category: Bitcoin News
Strong Investor Demand Meets Weak Bitcoin Futures as Price Slumps
Bitcoin (BTC) failed to break beyond $71,000 on Thursday, partially driven by the decline in the US stock market, with BTC funding rates dropping deeper into negative territory. Key takeaways: Bitcoin bears show high conviction as funding rates drop, but steady institutional buying keeps sellers in check. Gold and government bond yields are rising, making it harder for Bitcoin to compete as a top-tier store of value. Bitcoin futures imply moderate market stress Traders fear that a prolonged war in Iran could cause havoc in the energy markets, negatively impacting…
CFTC Chair Opens Prediction Markets Rulemaking to Public Comment
“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), has proposed a rule that could amend or issue new regulations over event contracts on prediction markets platforms like Kalshi and Polymarket. In a Thursday notice, the CFTC issued a staff advisory classifying event contracts on prediction markets as a “financial asset class.” The regulator also submitted an Advanced Notice of Proposed Rulemaking to be…
Tether Backs Ark Labs in $5.2M Round to Expand Stablecoins on Bitcoin
Tether’s investment arm has invested in Ark Labs, the developer of the programmable Bitcoin infrastructure Arkade, as part of a $5.2 million funding round to expand stablecoin capabilities on the Bitcoin network. According to Thursday’s announcement from Ark Labs, the investment is intended to support infrastructure that enables stablecoins such as USDT (USDT) to be issued, transferred and settled more efficiently on Bitcoin (BTC). The Lugano, Switzerland-based startup is developing an execution layer designed to support instant and programmable transactions on Bitcoin. The funding round brings the company’s total funding…
South Korea Moves to Build AI Platform to Monitor Crypto Gains
South Korea’s tax authority is preparing to deploy artificial intelligence to track cryptocurrency investment gains as the government moves closer to implementing a long-delayed tax on digital assets. According to a report by The Korea Times on Thursday, South Korea’s tax authority has opened a bid to build an AI-backed system to analyze cryptocurrency transaction data, as the government prepares for its planned 2027 tax on digital asset gains. The project, valued at about 3 billion Korean won (around $2 million), will establish an integrated platform capable of processing large…
Crypto ATM Fraud Hit $333 Million in the US in 2025
Crypto ATM fraud surged to $333 million in the US in 2025, with complaints received by the FBI growing 33% in the year as scam networks became more industrialized while tapping into advanced AI deepfake technology. Crypto ATM fraud is one of the fastest-growing financial crime categories in the US, according to cybersecurity firm CertiK in its latest report shared with Cointelegraph on Thursday, explaining that criminal organizations are exploiting the “speed and pseudonymity” of crypto ATMs or “kiosks” to extract funds from victims at an accelerating pace. The FBI…
Why Ray Dalio Says Bitcoin Can’t Replace Gold
Key takeaways Ray Dalio argues that Bitcoin cannot replace gold as the world’s primary store of value because gold has thousands of years of history as money and remains deeply embedded in the global financial system. Gold’s role in central bank reserves gives it institutional legitimacy that Bitcoin currently lacks, making governments more likely to rely on gold during periods of economic uncertainty. Dalio believes Bitcoin behaves more like a risk asset, often moving alongside technology stocks and other speculative investments rather than acting as a traditional safe-haven during market…
What True Self-Custody Actually Requires
New research examines how investor behavior, wallet architectures, and operational security practices determine what genuine self-custody requires in 2026. The foundational promise of cryptocurrency is decentralized, sovereign ownership. But this promise has run into a far more sobering reality, as a lot of funds held on centralized exchanges have been lost over the years. Users have learned the same lesson in different forms: Not your keys, not your coins. Cointelegraph Research’s latest report, produced in collaboration with Trezor, the original hardware wallet, and titled “The Future of Self-Custody: Turning Ownership…
Offshore Crypto Exchanges Create Oversight Gaps, FATF Says
A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of money laundering, sanctions evasion and other illicit financial activity. In the report, titled “Understanding and Mitigating the Risks of Offshore Virtual Asset Service Providers (oVASPs),” the FATF said some offshore firms exploit gaps and differences in regulatory and supervisory coverage, making it harder for authorities to monitor activity and enforce Anti-Money Laundering (AML) and Counter-Terrorist Financing rules. “As a result, effective international co-operation may not be possible, including with the…
BlackRock Launches Staked Ethereum ETF Offering Yield
BlackRock’s iShares Staked Ethereum Trust ETF will trade on the Nasdaq, offering spot exposure and staking income with a reduced 0.12% fee on the first $2.5 billion. BlackRock is expanding its crypto investment lineup with a new Nasdaq-listed product tied to Ethereum staking. BlackRock on Thursday introduced its iShares Staked Ethereum Trust ETF, or ETHB, describing it as an exchange-traded product (ETP) that provides investors with spot Ether (ETH) exposure while generating income by staking a portion of its ETH holdings. The product expands BlackRock’s digital asset offerings, which include…